A new survey on the way law firms are managed has been published, predicting dramatic shifts in the way law firms handle highly competitive markets over the next five years, as well as dealing with risk and regulation, financial pressure and changing client demands. The report from the accounting giant BDO took the views of 58 law […]
So what, exactly, is a ‘family friendly’ law firm? Do they really exist and, if so, how are they measured in terms of family ‘friendliness’?All important issues, considered by Vivia Chen at The Careerist when she wrote a little cynically perhaps that being a family friendly law firm probably means that there are great looking
Morrison & Foerster – LawFuel.com – – Morrison & Foerster is pleased to announce that bengoshi corporate partner Saori Nakamura has relocated to the firm’s Singapore office from Ito & Mitomi, registered associated offices of Morrison & Foerster in Japan.A member of the Mergers & Acquisitions Group, Ms. Nakamura represents multinational corporations in a wide
Profits-per-partner is the golden metric that top law firms, or those aspiring to increase profits, place as their holy grail.So it should come as little surprise that the top law firms in the US keep low partner concentrations in order to preserve that vital metric.Law360s ranking of the top US law firms showed that only
The Profits-per-Partner Holy Grail Metric for Law Firms Read More »
Sedgwick LLP, the international Big Law firm, has lost dozens of attorneys last year, including 12 percent of its partners.Law360 reports the departures streaming from the firm, which his shifting its practice away from areas like intellectual property law and real estate to focus on what the firm says are its core areas of practice.Law360
We know the whole business of law is changing – greater competition, fees pressures, alternative billing arrangements – but should the entire partnership structure be abandoned?It is already happening in some jurisdictions, but the move by Australian and UK law regulators to free up the law business and permit the introduction of outside capital has
Why This Man Thinks Lawyers Should Abandon The Partnership Structure Read More »
Issues to increase law firm productivity have long excited the interest of law firm managers, but an English firm has now taken on a ‘paid time off’ (PTO) policy that lets employees take the time they like from the firm.The firm, Ashton KCJ in East Anglia, is trialling the policy with a few towards deciding
Lockstep compensation is as much a part of most Big Law firms in Britain and some other jurisdictions as the law firm art and foyers. However mega-firm Clifford Chance is looking at changing all that with a review that is placing more attention on merit-based compensation rather than the lockstep system.Clifford Chance is not announcing
Just how law firms make money by giving away services and documents is an issue that lawyers have been examining for some time.TechCrunch have an article a bout the law firm s ranging from Silicon Valley to Boston who give away documents to statups neededing to execute basic deals.As TechCrunch report:New sites, Cooley GO and
Lawyers Helping Startups – But How Do They Make Money? Read More »
Alternative fee arrangements are increasingly capturing the attention of innovative law firms, as well as fee-sensitive clients.So when a lawyer like Omaha labor lawyer Ross Gardner went to Orlando to speak at the human resources conference held by one of his firm’s biggest clients, it was a trip the Jackson Lewis lawyer may not have
Getting Away from the $1000-an-Hour Lawyer Syndrome Read More »
