Accounting
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Morning Docket
Morning Docket: 05.09.23
* Senate Democrats ask Harlan Crow for details on all gifts granted to Clarence Thomas… or any other justice. A request that he’ll ignore and the Democrats won’t do anything about. [Bloomberg Law News]
* Donald Trump allowed limited access to evidence against him in criminal trial, only in the presence of his attorneys in a bid to prevent the defendant from causing a social media firestorm. Aw… after this many years, folks still think Trump listens to his lawyers? [Law360]
* Disney’s superior attorneys are just going to keep updating this complaint every time Ron DeSantis digs himself a little deeper. [Deadline]
* Sam Bankman-Fried asks judge to dismiss 10 of 13 charges against him because if anyone knows a worthless claim when he sees one it’s Sam Bankman-Fried. [Reuters]
* Despite doom and gloom from firms cutting headcount, the industry overall is in recovery… but Biglaw and Small Law are taking different paths back to the summit. [American Lawyer]
* An interview with Steven Thomas, a former Sullivan & Cromwell partner who started his own practice focusing on litigating against Big 4 audit firms for failing to detect fraud at their clients. [Oh My Fraud]
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Biglaw
The Big 4 Are Coming, But Maybe Not For The Law Firms... Yet.
Accounting firms might enter the legal sector through a different door. - Sponsored
Are Small Firms Going Big On Legal Tech?
Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250… -
Sponsored Content, Technology
How To Leverage Accounting To Create Value For Your Firm
Stop wasting time and money. Now is the time to get a clear picture of your firm’s finances.
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Sponsored Content, Technology
How Is Your Firm Leveraging Tech To Adapt To Disruption?
Taking a look at technologies, processes, and systems being employed to run today’s firms. -
Biglaw
Asia Becomes Ground Zero In Big 4 Effort To Take Over The Legal Market
What's going on in Asia could be a roadmap for the future of legal services. -
In-House Counsel, Litigation Finance, Litigators
The Crazy Reason Even Rich Corporations Consider Litigation Finance
This makes no sense economically, as columnist Mark Herrmann explains. -
Boutique Law Firms, Money, Partner Issues, Small Law Firms
Beyond Biglaw: Running The Numbers
A big difference between Biglaw and boutiques: the level of personal involvement by partners in financial matters. -
Biglaw, Dewey & LeBoeuf, White-Collar Crime
Dewey Know Who's Not Going To Trial? Defendant No. 4, Zachary Warren
Congratulations to both the promising young lawyer and the prosecution and putting this unfortunate episode to rest. - Sponsored
Document Automation For Law Firms: The Definitive Guide
Legal document automation is no longer only for the exclusive few. -
Partner Issues, Small Law Firms
Show Good Lawyerly Judgment: Hire Professionals (Like Accountants) To Do Their Work Better Than You Ever Could Do It
Lawyers should not be the only ones providing professional services to their law offices’ operations. -
Accounting / Accountants, Job Searches
What's Worse: Being A Lawyer Or An Accountant?
Which field will disappear sooner? Who's more boring? -
Accounting / Accountants, Biglaw, Conferences / Symposia, General Counsel, In-House Counsel, Partner Issues
10 Tips For Managing Partners From A Managing Partner Turned General Counsel
If you're involved in law firm management, here are some things you should know. -
Accounting / Accountants, Shameless Plugs, Sponsored Content, This Is an Ad
Key Accounting Principles That Every Lawyer Must Know
Join a free webinar and learn the best accounting practices for lawyers. -
Accounting / Accountants, Biglaw, Crime, Dewey & LeBoeuf, White-Collar Crime
New And Juicy Details Of Zachary Warren's Alleged Role In The Dewey Debacle
What are the latest allegations about Zachary Warren, the handsome and high-powered young lawyer facing criminal charges in the Dewey & LeBoeuf fraud case?
Sponsored
Document Automation For Law Firms: The Definitive Guide
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Profit Powerhouse: Elevating Law Firm Financial Performance
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Are Small Firms Going Big On Legal Tech?
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Accounting / Accountants, Biglaw, In-House Counsel, Litigators, Money
What Outside Counsel Don't Understand
Making predictions is part of an in-house lawyer's job. Why do so many outside lawyers refuse to help? -
Accounting / Accountants, Clarence Thomas, Gay Marriage, Guns / Firearms, Non-Sequiturs, Politics, Pregnancy / Paternity, SCOTUS, Securities and Exchange Commission, Supreme Court
Non-Sequiturs: 01.15.13
* Wait, auditors agree that auditor letters are pretty much a waste of time, but they still want them anyway? As I learned in Civ: “The only thing that saves us from the bureaucracy is inefficiency.” [Going Concern] * Yes, the legal world is still buzzing because one of the nine most powerful people in America deigned to utter a few words in court. I hope Thomas appreciates that his obituary is going to prominently include references to his confirmation hearings and his well documented muteness. [ZombieLaw] * This Die Hard director picked a bad day to try hard to stay out of jail. [The Hollywood Reporter] * You know, there are laws against firing pregnant people. [Pregnant and Fired] * Bottom line, I don’t want to be on the side of praising SEC enforcement actions. [National Law Journal] * I hope Obama is well armed, because the only thing that stops a politician in the pocket of the gun lobby are the people holding their votes to the heads of their Congressmen. [Blog Briefing Room / The Hill] * Same-sex marriage should be legal because gay people should be allowed to save money too. [The Atlantic] -
Accounting / Accountants, Biglaw, In-House Counsel, Litigators, Partner Issues
Inside Straight: Stop The Audit Letter Lunacy!
In his days as a law firm partner, Mark Herrmann assumed that audit letters served some purpose. Since going in-house, his opinion has changed.... -
Accounting / Accountants, Labor / Employment, Lawsuit of the Day, Ridiculousness
Accountant Claims Wrongful Termination Essentially Because Her Job Was Too Hard
Woman files lawsuit over stressful job... -
Accounting / Accountants, Biglaw, Constitutional Law, Non-Sequiturs, Politics, Texas
Non-Sequiturs: 05.30.12
* Man, the economy is so bad, monks are having to go to court to fight for a new revenue stream. [WSJ Law Blog] * We have peace between a Texas auction house and the President of Mongolia over the ownership of a Tyrannosaur skeleton. While we’re here, should anybody wish to invite me to a pre-screening of their inventive dinosaur park, I’d like to note that I’m not the type of bloodsucking lawyer who leaves children behind. [Heritage Foundation] * Did you know Sullivan & Cromwell got involved in the birther controversy? The first one, the legitimate one with Mitt Romney’s father. Not the ridiculous one that Romney’s been embracing. [Reuters] * Speaking of Mittens, did you know he supports for-profit colleges? That’s like supporting people jumping off the Empire State Building, so long as they pay to get in. [Salon] * Could an accounting firm pull a Dewey? [Going Concern] * Have an idea for how to improve the Constitution? Share it with the good folks over at Slate. [The Hive / Slate] -
Accounting / Accountants, In-House Counsel, Money, Tax Law, Wall Street
Moonlighting: Things Not to Say In-House - 'I'm Bad at Math'
It’s one of the biggest cons going around. I cringe whenever I hear it. A lawyer laughs and says, “I’m not good with numbers — that’s why I became a lawyer.” On the surface, it seems to make sense; it sounds like it should be true. For some, it might even be true. After all, […] -
Accounting / Accountants, Drugs, In-House Counsel, Litigators, Music, Plaintiffs Firms
Inside Straight: Learning Who To Hate
Cops learn to hate people. Basically everyone they encounter is a criminal, so cops soon come to believe that everyone is a criminal. Litigators — or perhaps litigators who are repeat players in a particular field — learn to hate people. Personal injury insurance defense counsel come to believe that all plaintiffs are lying fakers. […]