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.
Ed. note: This is the latest installment in a series of posts on lateral moves from Lateral Link’s team of expert contributors. As Michael Allen, Managing Principal at Lateral Link, recently announced, “We are pleased to announce the hiring of Ryan Turley [pictured], who brings years of legal and recruiting experience to Lateral Link. We recently sat down and he gave me his thoughts on the Chicago market and how it compares to the national market.”
As we become further and further distanced from the recession of 2008 and 2009, the market seems to be settling into a new equilibrium state that has seen a modest uptick in the demand for legal services and a sharp rise in the volume of lateral moves since 2009.
My own stomping ground, Chicago, is no exception. From 2009 to today, the Windy City has seen a significant increase in lateral moves:
Ed. note: This is the latest installment in a series of posts on lateral moves from Lateral Link’s team of expert contributors. Kristina Marlow is a Director with Lateral Link’s D.C. office who brings almost 20 years of experience in the Washington legal market to her work with associate and partner candidates. Prior to joining Lateral Link, Kristina spent a decade at Gibson Dunn, first as a litigation associate and then as the D.C. office’s hiring manager. A Michigan native, Kristina earned her J.D., cum laude, from Georgetown University Law Center’s evening program and a B.A. in Journalism from Michigan State University, where she was named “Outstanding Senior.” She also worked as an appellate clerk, as an economic analyst for the federal government, and as a reporter for the Chicago Tribune.
More than a third of the almost six thousand mid-level associates who responded to The American Lawyer’s most recent survey reported that they use social networking tools for job-related purposes, more than ever. Of that third, 94% said that they use LinkedIn, “the one social network most lawyers feel most comfortable in using,” says Glen Gilmore, a lawyer and social media expert who ranks near the top of the Forbes list of “Top 50 Social Media Power Influencers.”
But many of the attorneys who join LinkedIn do so because they are “supposed” to have an online presence, and they appear reluctant to be fully committed members. Their LinkedIn contacts languish in the double (or even single) digits. Their pages do not have a professional picture (or, often, any picture at all). And their profiles lack enticing headlines that capture who they are and summaries that provide a synopsis of what they do….
This summer, Above the Law expanded its editorial coverage with the launch of a suite of practice-focused channels. These new, topical components of our site include an eDiscovery channel, powered by content from Lexblog, JD Supra, and new ATL expert columnist Michael Simon, as well as pieces curated from ATL’s coverage of the broader legal industry. ATL’s eDiscovery channel will feature news stories, substantive trend analysis, and insights into business development issues relevant to eDiscovery and related legal technologies. (Among ATL’s other practice channels are Securities, Energy, and Government.)
The LexBlog network is the largest professional blog network in the world. LexBlog partners with clients to develop custom social media solutions and strategies that create powerful internet identities. LexBlog will provide ATL’s unparalleled audience with commentary on prominent legal developments and insight on best practices in the full range of practice areas, including eDiscovery.
ATL’s eDiscovery columnist, Michael Simon, has been in the legal industry for more than two decades. His background as a Chicago trial attorney, Director of Strategic Development at Navigant, and co-founder of eDiscovery expert consulting firm Seventh Samurai, give him a unique voice in the eDiscovery space. His debut column, Making Sense of eDiscovery Outside of the Bubble, offers a thoughtful introduction to legal technology and is but the first in a series.
JD Supra publishes insights and intelligence written by a network of over 20,000 attorneys and industry professionals. ATL’s partnership with JD Supra will give the ATL audience access to high-level eDiscovery content from Am Law 200 law firms and other expert sources.
ATL’s new eDiscovery channel is made possible by Omnivere, one of the largest integrated companies in the discovery management space. Omnivere provides services that encompass all aspects of litigation support, from Project Management, Review Support, and Hosting Management, to Attorney Review, Production, and Trial Exhibit and Document Management.
As we’ve been covering in these pages, the Houston legal market is quite hot. So I’ve decided to pay a visit myself.
On the evening of September 15, I’ll be headlining an event in Houston sponsored by the Houston Urban Debate League (HUDL). In case you’re not familiar with it, HUDL is a non-profit 501(c)(3) organization that’s dedicated to re-introducing academic debate to under-served and at-risk students in Houston-area high schools.
You can purchase tickets via the link below. It’s a fundraiser for HUDL, so proceeds will be going to a worthy cause. I look forward to seeing you there!
UPDATE (9/6/2014, 1:45 p.m.): I’ll be having a conversation with Justice Don Willett of the Texas Supreme Court. He’s brilliant and hilarious; for proof, follow him on Twitter.
Ed. note: This is the latest installment in a series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Michael Allen is Managing Principal at Lateral Link, focusing exclusively on partner placements with Am Law 200 clients.
There are some common ethical issues every partner should know, or at least be able to identify what they don’t know, when planning for a lateral transition.
Most partners do not give ethical considerations enough attention in the process. Without proper planning, partners may breach fiduciary duties to their prior firms and create unnecessary conflicts between their former and new firms.
I asked Trisha Rich, a professional responsibility attorney who practices with Holland & Knight’s Lawyer Ethics, Risk Management and Regulation team, to respond to some of the most common ethical questions I have come across while moving partners and groups between law firms…
Another law school year is almost upon us. Whether strolling into law school for the first time still filled with wide-eyed optimism or returning from a summer job to kill more time and rack up more debt, every student must resupply for the impending school year. Sure, for returning students, you’ve made it through at least one year of school so some of this is old hat. That said, you undoubtedly did something wrong and you’re now flush with cash from your summer job so it’s time to go shopping.
Meanwhile, for 1Ls, obviously if you’ve made it this far in life you have at least some clue. Or think you do. There are essentials from high school and college that will serve a law student just as well. But law school is riddled with its own unique quirks that require a different set of tools.
What’s the appropriate gear for law school? Well, you’re lucky Skippy because ATL has you covered. Here’s a rundown of exactly what you need to buy for law school….
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.