Since we last checked in on him on Twitter, John Quinn — founding partner of litigation powerhouse Quinn Emanuel, and one of the nation’s ‘s top business litigators — has gained about 200 followers. And if he keeps tweeting in such insightful, funny, and brutally candid fashion, his following — right now he’s at 665 followers — will only grow.
It’s been a while since we checked in with the coming junior associate apocalypse that is legal outsourcing. Rest assured, LPOs around the globe are working hard to make sure that the Biglaw junior associate becomes extinct — at least as we know it.
There’s a fascinating article on Law21 that discusses the evolution of legal process outsourcing — and what LPOs need to do next:
Still in its relative infancy, legal process outsourcing has already had a huge impact on the legal services marketplace: scoring major deals with the likes of Microsoft and Rio Tinto, garnering the attention of private-equity investors, and helping to expose the degree to which law firms have overcharged for the simplest legal work, among other accomplishments. But this impact has set off two important chains of events.
The first affects LPOs themselves: they now need to move their value proposition beyond cost savings in a market they helped to make more sophisticated. The second affects everyone: the legal profession’s response to LPO is having an unexpected effect on how legal work is distributed and how legal resources are allocated.
Some law firms still seem to be fighting the last war and are committed to fending off outsourcing until the bitter end. But other firms are preparing themselves for the next war: remaining the primary legal advisor to their clients in a world where the clients themselves can go to a number of providers to get the work done…
Many of the things I enjoy in life (smoking, drinking, kicking children who speak out of turn) are either illegal or subject to a sin tax. Luckily, most of the laws against my illegal vices are unenforceable if I commit infractions discretely. (“I don’t know what happened to little Jimmy. He must have fallen onto my foot.”) But I can’t avoid sin taxes — and thus I can’t stand them.
First of all, they are regressive. Secondly, they’re anti-business. So we literally have a tax regime that freedom-loving progressives and money-loving conservatives should hate, and yet sin taxes continue to be an acceptable way for the government to shove its morality down our throats.
The Texas Supreme Court is wrestling with just such a question of morality versus freedom and money. Specifically, it’s a battle between morality and the freedom to stuff money into a g-string. The Austin-American Statesman reports:
Is exotic dancing, performed partially clothed or fully nude, a form of free speech protected by the U.S. Constitution?
Strip club owners insist that it is, and on Thursday they asked the Texas Supreme Court to strike down the state’s $5-per-patron tax as an unconstitutional limit on free expression.
Of course, proponents of the tax can’t just come out and say “we hate men who like to look at nude women.” Check out the hook they’re trying to hang their abuse of legislative power on…
Loyal readers of our In-House Counseling column may have have missed their little dose of psychotherapy yesterday. Will Meyerhofer, aka The People’s Therapist, is regressing this week. He’ll be back next Wednesday.
You’re stuck at work, but perhaps you’d like to do a little regression too? For your infantile pleasure, we bring you an oldie but a goodie — The Coloring Book for Lawyers:
A coloring book for lawyers? Well, color us excited!
Our favorites from the coloring book after the jump…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.