BrightFlag – Hourly billing has been the dominant financial model for the legal profession for generations. But more and more in-house legal teams are exploring the potential of alternative fee arrangements (AFAs) when engaging outside counsel. Why? Well, for starters: Hourly billing models (implicitly and/or explicitly) incentivize law firms to increase the time, staff, and […]
Alternative Fee Arrangements for Lawyers – Explained Read More »
Kingsley Napley – Just before Christmas, the High Court ruled on a dispute regarding the expulsion of a partner from one of the Big Four under the firm’s 2017 LLP Agreement (LLPA). The case Joseph v Deloitte NSE LLP concerned a challenge from David Joseph, a Swiss-based partner at Deloitte, to a decision by the firm to
Partner expulsion case offers lessons to LLP firms and their partners Read More »
Washington D.C. is the latest jurisdiction to look at whether the rules surrounding law firm ownership should be changed. Bloombergs report that DC’s bar is to look at alternatives to the present law firm ownership rules, saying it will look at the evolving legal service delivery models, which includes non-lawyer ownership of law firms. Bar
#Metoo issues have continued to plague the legal profession and it seems that despite the best intentions, some re-regulation, sanctions, client pressure and any number of other initiatives, the #Metoo problem remains. Alcohol and substance abuse, toxic work environments, power imbalance and other factors continue. Can it be solved? Writing in Legal Business, Nathalie Tidman
How Can The Law Profession Solve Its #Metoo Problem Read More »
Law firm Since Boies Schiller Flexner LLP has long been associated with name partner the famed litigator David Boies. Boies Schiller this week named for the first time managing partners who don’t have their names in the firm, being New York-based Nicholas Gravante Jr. and London-based Natasha Harrison (pictured below). The announcement comes after a tumultuous
Boies’ Firm Secures Succession Plan After Tumultous Time Read More »
Law firms are carefully examining the ethical and risk issues attaching to accepting crypto currency payments The ‘feared’ litigation juggernaut Quinn Emanuel has indicated it will take crypto currency payments after examining the options of doing so. The firm that is regarded by some as the firm most lawyers are afraid of seeing on the
Litigation Law Firm Goes The Crypto Currency Payment Route Read More »
The strong trend towards open plan office space is something we’ve written about previously, but the honest approach, according to one major Australian law firm, is because open plan = less expense. And they don’t want lawyers to be battery hens. The firm recently designed new offices for its Brisbane and Cairns offices, but it
Forget Hot Desking and Open Plans – Here’s a Law Firm Going Back to Private Spaces Read More »
Commentary Open Letter From Dentons Partner Says Firms Need to Rethink The Billable Hour Jana Cohen Barbe is a strong advocate for the role of women in law. She was the first woman appointed to Denton law firm’s global board and also Dentons’ first global vice chair appointed from the U.S. region. In this open
Stepping Up The Diversity Pace There is great huffing and puffing about what law firms are doing in the diversity space and Whitney & Dorsey have not exactly lead the pack, ranking at 141st place for Am Law’s 2019 Diversity Scorecard recently. But times are changing and the firm is now introducing a new ‘diversity hours’
Gender Diversity in Law – Here’s One Firm Going Beyond the Lip Service? Read More »
Keeping page with fast-moving technology – and keeping staff – are two key challenges facing law firms, a fact verified by a recent survey undertaken by the Australian Financial Review in their ‘Partnership Survey’. The two are the major competitive threat to their business model, the survey revealed, as well as changing client demands and
The Key Threats Facing Law Firm Growth and Profitability Read More »
