How should small to medium-sized firms approach a merger strategy, what are the “rules of the road” for a successful merger, and how can the inherent risks be managed?
* If your firm has not yet given in to the demands of corporate clients for more reasonable billing structures, please be aware that a) your firm is behind the times, and b) you better be prepared to get your white shoes scuffed. [Boston Globe]
* Mirror, mirror, on the wall, which is the fairest firm of them all? According to the 2014 Acritas Brand Index survey, Skadden is the firm on everyone’s mind — for the third year in a row. They must be doing something right. Congrats! [Am Law Daily]
* Part of this former staff attorney’s discrimination suit against Quinn Emanuel was dismissed, but as our editor, Elie Mystal, mused when he first heard of this case, it’s likely “the only color Quinn cares about is green.” [New York Law Journal]
* Trendspotting: Because fast-growing technology equals fast-growing money when it comes to the law, LeClairRyan is the second firm in the U.S. to open up a drone practice group. [Richmond Times-Dispatch]
UPDATE (1:00 p.m.): Actually, Kramer Levin launched its Unmanned Aircraft Systems Practice Group back in December 2013, as noted by the ABA Journal and Bloomberg News.
* Bachelorette-in-waiting Andi Dorfman was granted an unpaid leave of absence from her job as an ADA to star in this summer’s edition of the reality show. We guess her boss gave her career a rose. [Daily Report]
I became a lawyer without really understanding that the job cuts time off of your life. My work hours are long, I can’t see my family or friends, and I am constantly at the mercy of the partner or the client. On top of everything, at one point, I was paying 7% on my law school loans. […]
Do you think lateral hires are killing your firm? Maybe you should consider getting out while you still can.