Another Top Five contender in the law firm stakes is set to arrive with the impending merger between Bingham McCutchen and Morgan Lewis & Bockhius. It’s reported that the two firms are set to merge and would create a 2000 lawyer firm with revenues of $2 billion according to Reuters. Bingham McCutchen is Boston-based while […]
Awaiting the Arrival of Another Top Five Law Firm – Birth Pending Read More »
Yep, it’s true. Size matters in many things, including law firm billing rates. A recent survey conducted in New York and comparing other US cities showed that the size of the law firm was in fact the most influencial factor when it came to setting attorney billing rates. The survey was conducted across both large
When it Comes to Law Firm Billing Rates – Size Matters! Read More »
Outsourcing legal work – or any work – is something law firms are doing with increasing frequency. The biggest firms – think Clifford Chance in India – are doing it and now Jacoby & Meyers are facing a lawsuit over billing work handled by “support companies” owned by some of the current or former partners
Lawsuit Against Law Firm Over Law Work Outsourcing Read More »
The ever-shifting sands of the law profession show lawyers and the way they practice continue to change, often radically. New research undertaken by law recruiters Robert Half took a look at the current changes in their “Future Law Office” program and found mounting client service pressure, a rise in general counsel importance, talent wars and
Law Practice: Talent Wars, Client Pressures, Flexible Work Read More »
Law firm mergers are tricky business, but the payment to Bingham partners of amounts of up to $4 million to $5 million contributed to the problems for the firm, the departure of partners and other major issues. AmLaw Daily reported the story about the financial guarantees to the former McKee Nelson law firm after its
Bingham Problems Stem From Major Partner Payments Read More »
The collapse of law firm Dewey & LeBoeuf has seen accusations follow lawsuits as the criminal charges against the former chiefs at the failed firm face criminal charges. Now the lawyers are saying that the firm’s collapse was at least in part due to the voracious greed of some of the firm’s partners, claiming the
New technology like Google glasses may seem like a novelty rather than an aid to developing a personal injury law practice, but for California personal injury lawyer Mitch Jackson, whose practice focuses on personal injury and wrongful death law suits, the use of Google Glass has been something he uses as what he sees as
More than ever before, lawyers are expected to develop new business for themselves and their law firms. Some lawyers are naturals at business development. Many others, however, have no idea how to start. Business development was not part of the traditional law-school curriculum. As a result, law firm marketers increasingly are being asked to coach
Scottish law firm Shepherd and Wedderburn is considering expansion as its profits increased by 10 per cent and the firm’s strength sees it eyeing opportunities for further growth with possible acquisitions. Herald Scotland reports the S&W had grown its fee income beyond forecast levels for the 12 months to April 30, 2014, to rise seven
Of all the challenges faced by lawyers today, pricing and what their services are worth and – more importantly – how to actually value them, is a key issue keeping some lawyers awake at night. And so things are changing. The Washington Post reports that Crowell & Moring for instance has a director of client
The Rise of the Law Firm Pricing Manager. The Who? Read More »
