Future of Biglaw
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Biglaw, Citigroup, Dewey & LeBoeuf, Money, Partner Issues, Partner Profits, Videos, YouTube
How Did Biglaw Do in 2012? The Bankers Speak
Not too shabbily. But problems could arise in 2013.... -
Biglaw, Money, Partner Issues, Partner Profits, Wells Fargo
From the Department of Pleasant Surprises: Biglaw's Solid Performance in 2012
How did Biglaw fare in 2012? Pretty well, according to a preliminary survey from Wells Fargo's law firm lending group. - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Biglaw, Layoffs, Quote of the Day, Staff Layoffs
Quote of the Day: Pink Slips Are Coming To A Firm Near You!
Your Biglaw job may soon be sending you to the Redundancy Department...
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Biglaw, Billable Hours, Citigroup, In-House Counsel, Money, Partner Issues, Partner Profits
Biglaw: Welcome to the New Normal
A new client advisory from Citi Private Bank and Hildebrandt Consulting contains predictions and advice for large law firms. -
Biglaw, Billable Hours, In-House Counsel, Money, Partner Issues, Reader Polls
New Data on Hours, Billing Rates, and Corporate Legal Spending
Here's some encouraging news for large law firms and the lawyers who work in them. In-house readers, however, may be less enthused. -
Biglaw, Fabulosity, Partner Issues, Partner Profits
New Partner Watch: Incoming Partner Classes at 10 Top Firms
What do the incoming partner classes at ten leading law firms reveal about the state of Biglaw? -
Biglaw, Layoffs, Partner Issues, Partner Profits
Nationwide Layoff Watch: Partners in Peril
Associates and staff have borne the brunt of law firm layoffs over the past few years. But, according to some recent surveys, partners are far from immune.... -
Biglaw, Law Schools, Rankings, U.S. News, Vault rankings
Against Prestige
Is the concept of "prestige" ruining the legal profession? - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Biglaw, Citigroup, Layoffs, Money, Partner Issues, Partner Profits, Staff Layoffs
In Praise of Partners' Prudence: Why the Lack of Spring Bonuses May Have Been a Good Thing
Most major law firms didn't pay spring bonuses this year -- and maybe that was a good thing, given the warning signs ahead for Biglaw. -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Heller Ehrman, Howrey LLP, In-House Counsel, Lateral Moves, Money, Partner Issues, Partner Profits, Thelen Reid & Priest, Thelen Reid Brown Raysman & Steiner
Inside Straight: Dewey Know Who's Next?
Mark Herrmann believes it’s a near certainty that another firm will collapse within the next year or two. Who will it be? -
Airplanes / Aviation, Biglaw, Death Penalty, Dewey & LeBoeuf, Drugs, Food, Morning Docket, Nude Dancing, Wal-Mart
Morning Docket: 04.26.12
* Dewey need to take a look at the Biglaw industry in general before more firms implode? Hell yes, says an author who’s written on the economics and management of law firms. [DealBook / New York Times]
* Wal-Mart was served with its first shareholder suit over its alleged bribery scandal, because the only thing on rollback this week is the price of the company’s stock shares. [Reuters]
* Does diplomatic immunity give you a free pass for getting handsy with the maid? Guess we’ll see next week, when a judge rules on DSK’s motion to dismiss his civil suit. [New York Daily News]
* As long as you’ve got money, the TSA will totally look the other way if you’ve got suitcases filled with drugs. Vibrators, on the other hand, are simply out of the question. [Bloomberg]
* As of yesterday, Connecticut became the seventeenth state to kill the death penalty. But not so fast, death row inmates. You still get to die. Isn’t that nice? [CNN]
* Franchise agreements be damned, because even judges can understand that sometimes, you just need to eat a delicious sandwich while you’re getting a lap dance. [KTVN]
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Antonin Scalia, Biglaw, Boutique Law Firms, Health Care / Medicine, Law Schools, Morning Docket, Small Law Firms, UVA Law
Morning Docket: 03.28.12
* Obamacare’s individual mandate may be in jeopardy, and it’s all because of that stupid broccoli debate. No, Scalia, as delicious as it is, not everyone would have to buy broccoli. [New York Times]
* Biglaw firms aren’t going away, but thanks to the recent onslaught of partner defections to small law firms, their high hourly rates might soon be going the way of the dodo. [Corporate Counsel]
* The “good” news: Northwestern Law will be limiting its tuition hike to the rate of inflation. The bad news: next year, it will cost $53,168 to attend. I officially don’t want to live on this planet anymore. [National Law Journal]
* A Littler Mendelson partner is recovering from a stabbing that occurred during a home invasion. On the bright side, at least he’s not a partner at Dewey — that’s a fate worse than being stabbed these days. [Am Law Daily]
* Law school applicants are dropping like flies, but some law schools were able to attract record numbers of students. UVA Law must have some real expertise in recruiting collar poppers. [The Short List / U.S. News]
* “I have a suggestion for you; next time, keep your [expletive] legs closed.” O Canada, that’s the basis of one crazy class action suit, eh? Dudley Do-Right would never treat a female Mountie like that. [Globe and Mail]
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Biglaw, Outsourcing, Trendspotting
Is On-Shore Outsourcing the Biglaw Wave of the Future?
Hot on the heels of support staff layoffs and on-shore outsourcing efforts at O’Melveny & Myers, we have news of another law firm doing the exact same thing. Except this law firm has figured out a way to do it with half the tears and way less relocation angst. On-shore outsourcing might be better for […]
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Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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Biglaw, Weirdness
Adventures in Lawyer Spam: Join the Biglaw Revolution
Have you ever dreamed of changing the Biglaw model, of making the law firm a pleasant place to work? If so, you may want to consult with “The Office of Mr. Monfort," who is apparently in partnership with Hogan Lovells. It probably would be a good thing if the firm knew who he was, but it doesn't.... -
Biglaw, Billable Hours, Small Law Firms, Technology
Small Firms, Big Lawyers: Blade Runner and the Future of Law
I’ve got news for you: The future of practicing law will not be about cloud computing. It won’t be about tablets or offshoring or client self-help or virtual law offices. It won’t be about e-discovery, or practice management, or paperless offices. Yes, these things will certainly all happen; many are happening now, and a number […] -
Biglaw, Partner Issues, Partner Profits, Williams & Connolly
A Look at New Partner Classes at Ten Top Firms (and an Open Thread)
‘Tis the season — for new partner elections at large law firms. Although there are some exceptions, most firms pick and announce their new partner classes around November and December, with partnership effective on January 1 of the following year. These partnership announcements sometimes contain interesting information, if you read between the lines. As we’ve […] -
Howrey LLP, Quote of the Day
Quote of the Day: Biglaw Mummification
I’m sorry but the pyramid [structure of law firms] is not going to last as long as those in Egypt. — Robert Ruyak, managing partner and CEO of Howrey LLP