Profitability management of law firms combined with market price signaling are ultimately the critical toolsJoseph Altonji* A few weeks ago, I addressed “What’s Next for the Legal World?” in a post focused on critical challenges facing law firms. In it, I argued that “profitability management as a survival skill” is now a feature of the industry, and […]
Why Law Firm Profitability Matters More Than Ever Read More »
Some law firms seem to be full-time participants in law firm merger activity. As new markets are entered and competitors gobbled up, the voracious law firms bring to their transactions a wealth of experience their counterparts often lack. If your law firm is thinking about merger for the first time, will a lack of experience
5 Key Things Law Firms Need to Consider Before Undertaking a Law Firm Merger Read More »
Time for lawyers to dump the ‘Dear Sir/s’ greeting?A recent article in LawyersWeekly from Jerome Doraisamy put the obvious to the legal audience, noting that ‘women are not a niche cohort’.Is it time for lawyers to take that message to heart? He notes that there is a wildfire response to comments about the use of
Should ‘Dear Sir’ Be Relegated To The ‘Don’t Use – Ever’ Bin? Read More »
How the CEO of Australia’s largest law firm put paid to her CEO position?MinterEllison is Australia’s largest law firm and CEO Annett Kimmitt has become embroiled in a controversy about ethics and the modern workplace that has seen her labelled a ‘dead CEO walking’.The scandal involves an email Kimmitt sent to the firm’s 2000-odd employees
Minters’ Dead CEO Walking In Wake Of the Law Firm’s Email Crisis Read More »
Fox & Partners – The Court of Appeal’s judgment in Joseph v Deloitte NSE LLP [2020] EWCA Civ 1457 is a lesson in the importance of properly construing and strictly following the terms of a partnership agreement. The implications for partners, but also firms in relation to their decision-making processes, particularly in light of the pandemic, are
For many years, several leading business advisors have suggested that law firms need to broaden their management horizons by employing law firm CEOs who are not themselves lawyers.Many lawyers either dislike or show a lack of ability to managing law firms and yet there are frequently management professionals readily available to take charge and run
Is This a Law Firm Management Trend That Is Likely To Catch-On? Read More »
A recent interview by Bloomberg Law with HP Inc. Chief Legal Officer Kim Rivera, one of the first corporates to demand diversity from outside counsel, indicated that a demand for diversity from law firms would lead to a positive response from firms.HP had made a promise to withhold fees for outside law firms that don’t
The Legal Lady With A Law Firm Diversity Initiative Based On Holding Law Firm Fees Back Read More »
Jen Dezso* Remote working has proven to be largely a success — at least from the perspective of lawyer wellbeing.The impact of remote working on lawyer wellbeing explains why nearly 80 per cent of stand-out lawyers say they want the ability to work from home at least one day a week even after the pandemic
3 Strategies Lawyers Are Using Successfully to Prosper With Remote Working Conditions Read More »
September 8, 2020 – DLA Piper is pleased to announce that it has once again been named one of the best law firms for women by Working Mother.For the ninth year, DLA Piper was recognized for its success in hiring, retaining and promoting women; its commitment to providing flexible work arrangements; and its initiatives that enhance the advancement
DLA Piper ranked among best law firms for women by Working Mother for ninth year Read More »
*According to a leading legal journalist who has gossiped and drunk with manyDrinking with managing partners can be a challenging pursuit, even for a legal editor like Alex Novarese of Legal Business. But it does help provide some interesting and perhaps more honest appraisal of where the legal industry is going after the upheavals of
What Makes A Great Managing Partner in a Law Firm?* Read More »
