The Aspiring Lateral: The Business Side
To ask lawyers to administer the business operations of a firm is courting disaster. Here's why...
To ask lawyers to administer the business operations of a firm is courting disaster. Here's why...
* Citi reports that firms saw a revenue jump of 2.7 percent in the third quarter. Revenue has now finally outpaced expenses for the year. Let the good times roll? [The AmLaw Daily] * In regulatory fun, the Comptroller of the Currency issued a whole mess of new regulations on how banks can use consulting firms to comply with enforcement orders. In a nutshell, consultants should do their jobs rather than rubber stamp for the banks. Once again regulation arrives long after common sense required it. [Washington Post] * A new company called Fantex Holdings might turn your fantasy football chatter into insider trading by securitizing athletes. Now TacoCorp can endure an SEC investigation just like real companies. [Corporate Counsel] * Microsoft’s top IP counsel [Corporate Counsel] * Harvey Updyke, the Alabama fan who destroyed Auburn’s landmark trees, owes $796,000 according to a judge. Roll Tide. [Courthouse News Service] * Veterans applying to law school should take these tips to heart. [Blueprint Prep] * The Amanda Knox trial has a ton of experts involved. No defendant, but a ton of experts. [The Expert Institute]
Leveraging agentic AI to triage, prioritize, and automate the law department inbox.
Someday James Cameron will make an epic movie about law schools.
* Hey, I’m doing Non-Sequiturs. It’s been a while. Why don’t you check out this thorough examination about why two-year law schools will never happen while I get my bearings. [The Atlantic] * The Alec Baldwin stalker trial has been awesome. Baldwin cried. He told a photographer “I hope you choke to death.” The alleged […]
A look at 3 of our ongoing survey projects: and a request for help with a new research initiative.
Ed. note: This post is sponsored by NexFirm. So you’ve decided to make the jump. Persuaded by the 10 reasons to leave Biglaw, and aware of the 10 common mistakes made by lawyers who launch their own firms, you have decided to hang your shingle. What can you expect in your first few years running […]
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
These women were ready to conquer the world in Biglaw, but they reality stepped in.
Passive-agressive lawyer and active-aggressive lawyer trade email barbs that get included in a public exhibit.
Here are some highlights for Chief Judge Kozinski's remarks at Yale Law School yesterday.
Should good outlines be available to all?
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Craigslist. The home of potentially deadly job offers.
The answers given should give partners a good sense of both their relative standing within their firms and the values that drive the business decisions of their leadership.
* Who are the real victims of insider trading? It’s the Duke brothers, duh. [DealBook / New York Times] * Judge Ellen Huvelle has ordered the government to turn over to her an executive order that the feds claim is subject to executive privilege. Judge Huvelle rejected the administration’s argument that privilege exists because, “we don’t want to give it to you.” [Politico] * Pepper Hamilton has joined the greener pastures of Silicon Valley, opening an office with three partners poached from Goodwin Proctor. [Reuters Legal (sub. req.)] * Speaking of poaching, Martin Dunn, former deputy director of the SEC and O’Melveny partner is joining Morrison & Foerster. [The Blog of the Legal Times] * And while we’re at it, M&A partner Sean Rodgers has left Simpson Thacher to merge with Kirkland & Ellis. [The AmLaw Daily] * Publisher ALM (The American Lawyer, Corporate Counsel, The National Law Journal, The New York Law Journal) has a new technology partner and hopes to boost its readership. If they want to boost their readership, wouldn’t starting a new law school be a better investment? [Talking Biz News] * Conservative groups are miffed about video of this Democratic party lawyer “attacking” a Republican at the polls and trying to “steal” an election. It seems like he put his hand over the lens of a camera phone, but sure, this is exactly like telling minorities the wrong day to vote. [Bearing Drift] * The Amanda Knox case has a trade secret component as a battle rages over DNA testing technology. [Trade Secrets Watch / Orrick]
Of course Ashley Madison is lying to you, you sad, gullible man.
* Tim Tebow’s trademark will become invalid if “Tebowing” is not used in commerce. That might suck for him, but right about now Tim Tebow should be more concerned about whether “Tim Tebow” is going to be used in commerce. [The Official Review] * Law school groups take to Facebook to advertise a panel on […]