A third of UK law firms have failed to meet basic anti-money-laundering (AML) standards, according to the Solicitors Regulation Authority’s latest inspection blitz. Of the 833 firms checked, 270 were non-compliant and another 451 were only partly compliant, a statistic that should make any managing partner’s blood run cold. The SRA handed out about £1.5 […]
One in Three UK Law Firms Breach Anti-Money-Laundering Rules Read More »
Article source: Welcome Law Firm, CT Waterbury, Connecticut, carries a sense of resilience shaped by its working-class roots and strong community spirit. From early morning commutes down I-84 to the hum of traffic along East Main Street, life here moves at a steady pace until one accident changes everything. A single crash can upend lives
Workplace harassment can make your job feel bad sometimes; this can hurt your mind, the way you work every day, and how you feel in general. You might have to deal with bullying a sexual harassment, or people acting mean at work. To prove what is happening to you, mainly you need to keep good
Building a Strong Case: How Employees Can Prove Workplace Harassment Read More »
The man who sent rockets into orbit while simultaneously disrupting the automotive industry has articulated a management philosophy that’s equal parts brilliance and brutality.
And while we can’t all aspire to his sleep schedule or his Twitter habits, there’s something law firms, those bastions of precedent and process, might learn from a leader who treats bureaucracy as “a substitute for thinking” and regards failure as the admission price to innovation.
So what might the key to building a successful law firm be if Elon Musk was on the management committee?
First, let’s consider the five key, “Musk steps{ that are simple but devastingatinlgy effective.
In Pakistan, 25-year-old lawyer Mahmoor Omer has filed a groundbreaking petition against her own government, arguing that menstrual products should be tax-free, because, as she puts it, “periods are not a choice.” Omer is taking aim at the country’s 18 percent sales tax on sanitary pads and other menstrual items. While the law treats these
As capital pours into legal tech and operations, talent acquisition could be the next frontier for private equity investment in the legal business as it may follow lawyers themselves into lateral partner hires, something already helping change the legal business.
Private equity has already reshaped the legal services industry, from backend infrastructure to litigation finance. Now there may be capital deployed to help law firms poach high-value talent, open new markets, and consolidate
Article source: Nelson Elder Care Law, GA Estate planning may feel like a distant thing. But for parents with minor children, it is a necessary step to protect them. In Georgia, estate planning takes on particular significance for families, as state laws govern guardianship appointments, trust administration, and the distribution of assets when parents pass
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Kirkland & Ellis and the Fine Art of Saying Sorry Without Saying Sorry Norma Harris, LawFuel contributor The planet’s most profitable law firm, Kirkland and Ellis, has decided its famously steely negotiation style could do with a coat of polish. The firm, long the darling (and occasional demon) of private equity clients, apparently received the clearest
Etiquette 101 for Kirkland & Ellis – How to Say Please Read More »
The Changing Landscape of Legal Payments Article Source: Adaptive Payments Over the past decade, the legal industry has steadily evolved in response to technological shifts and rising client expectations. One area seeing a clear shift is how law firms manage payments. Traditional methods like paper checks, mailed invoices, and lengthy payment processing are being replaced
Why More Law Firms Are Embracing Digital Payments and How to Do It Ethically Read More »
When is half a billion dollars too much for legal fees? According to one Ontario judge; almost always. A group of lawyers representing First Nations communities in a landmark treaty case asked for a whopping $510 million in legal fees—yes, that’s million with an ‘M’. But Superior Court Justice Patricia Hennessy had other ideas. In
