Dissolution

Biglaw

Make It Rain or Make Way

If you think that making partner is like winning the Biglaw race, you haven’t actually been paying attention to what’s been happening to partners over the past few years. Sure, Biglaw partnerships overall are enjoying higher profits now than they were during the darkest days of the recession (while associate salaries remain stagnant, of course). […]

Biglaw

Morning Docket: 11.08.11

* “The most valuable assets of a law firm go home every night.” If only Biglaw firms realized that prior to dissolution, we’d probably have a lot more happy partners and associates. [WSJ Law Blog] * If we can’t deregulate the legal profession, then what can we do to improve it? One law professor suggests […]

Deaths

Size Matters: Eulogies

If we can learn from the loss of a loved one or the end of an era, we can likewise learn from the “death” of a small firm. To those small firms still alive, take this opportunity to reflect on your firm’s past, present, and future. Do not wait until your own funeral to take stock and learn your lessons....

Biglaw

Dead Firm Billing: Howrey Going to Keep Doing Business?

Although it officially passed away back in March, when its partners voted for dissolution, the law firm of Howrey LLP continues to twitch in its grave — or maybe even step out of its grave and walk around a bit, like a zombie from a horror flick. Howrey continues to have a presence on Twitter, […]

Non-Sequiturs

Non-Sequiturs: 04.12.11

* The oldest continually operating law firm in Austin, Clark Thomas & Winters, has gone the way of Howrey. [Austin American Statesman] * If you want to teach high schoolers about privacy, speak to them in a language they understand: embarrassment. [Kashmir Hill / Forbes] * Can a U.S. state prohibit pre-viability abortions based on […]