For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to join Above the Law and our friends at Clio to learn how to better manage your finances in a free webinar.
On September 10 at 3 p.m. EST, take the opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing! We hope to see you on 9/10 at 3 p.m. EST. Click here to register.
* Were you looking for a treasure trove of high school pictures of SCOTUS justices? Well, you’re in luck! [Josh Blackman's Blog]
* Remember when Gov. Bob McDonnell was a rising GOP star? Well, this recap of his federal indictment makes that seem like a distant memory. [TPM Muckraker]
* Here’s a career alternative for you: Space Tyrant. When GW Law grad Alex Gianturco bailed on his gig at Zuckerman Spaeder, he took the usual route of just playing video games all day. With the twist that he actually made money at it. As the most powerful player in EVE Online, The Mittani, as he’s now known, has managed to enrage pretty much everybody out there playing a game basically designed to reward dickish behavior. [Wall Street Journal (sub. req.)]
* A pharmacist lands in hot water after trying to connect with a patient. In his defense, being a pharmacist seems like a pretty fool-proof plan to ensure that a potential date has a clean bill of health. [IT-Lex]
* It’s a mixed bag in Ecclestone family litigation news. Tamara Ecclestone lost her dispute with an ex-boyfriend over a Lamborghini Aventador. She’d given the car to her ex-boyfriend and wanted it back, but the High Court deemed the car was a gift. On the other hand, dad Bernie convinced the New York Supreme Court to kick out a £392.5 million lawsuit over an alleged bribe, so on balance it was a decent week for the billionaire family. Now if he could just fix this stupid “double points” thing. [Daily Mail]
* Lawdingo and Themis’s Clio platform have partnered up. Hopefully Lawdingo won’t shy away from light-hearted commercials now that they’ve hit the big time. [Go Clio]
* Kentucky is looking to authorize service monkeys. What can possibly go wrong? [My Fox DC]
Daniel de Juan, a sales engineer from Mitratech, summed up perfectly what LegalTech was like for me this year: “Being at LegalTech is almost like being at a casino, in the sense that you lose all track of time.”
Two years ago, I found the conference to be pretty intimidating, and that was when the conference was much smaller due to the weak economy. Last year, LegalTech New York was much bigger, and I found it slightly overwhelming. This year, due to some bad planning on my part, I came home from LegalTech utterly exhausted.
It seems I wasn’t the only one who felt this way. After a quick search on the Internet, I have seen only a few things written up about the conference, so I’m guessing many people went through the same experience. (For example, I spoke with members of The Posse List on the first night, and they told me that they were gearing up to do 36 interviews during the two and a half day conference — so it must have been a whirlwind for them as well.)
That said, here are some musings from my adventure last week….
As part of a nationwide tour, Above the Law is coming to the great city of Chicago.
Join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, and JPMorgan Chase & Co. assistant general counsel Jason Shaffer for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model. Come on by Thursday, November 20, at 6 p.m., for thought-provoking discussion, food, drink, and networking.
Space is limited and there will be no on-site registration, so please RSVP
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.