The ‘Biglaw Partner Compensation’ Is Too Damn High
Biglaw's lateral hiring frenzy is destabilizing the profession.
Morning Docket: 05.14.13
* This IRS scandal is really like a Republican’s wet dream. Obama needs to start firing people. [Washington Post] * The Department of Justice also looks pretty shady. See, it’s not the “size” of government we should worry about. It’s the power of government that leads to problems. Obama needs to start firing people! [Associated […]
Schenck Price Competes Smarter With Lexis+ With Protégé
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
Third-Party Litigation Financing: The Latest Chimerical Lifeline For The Legal Profession
The challenges facing a stagnant legal market cannot be addressed when you begin from the premise, "How can we go back to exactly where we were before?"
Inside Straight: Beyond The Lawyer Bubble
Mark Herrmann discusses Steven Harper's new book, The Lawyer Bubble, and uses it as a jumping-off point for a discussion of partner dissatisfaction.
An Interview with Steven Harper, Former Kirkland Partner and Author of ‘The Lawyer Bubble’
Should you go to law school? Is working in Biglaw still worth it? A former Kirkland & Ellis partner shares his thoughts.
Non-Sequiturs: 03.29.13
* To those of you who celebrate it, Happy Easter! Welcome the holiday by voting in the ABA Journal’s fifth annual “Peeps in Law” contest. [ABA Journal] * If law firm brackets aren’t your thing, check out Professor Kyle Graham’s brackets for (1) law school classes and (2) law blogs. I’m thankful for ATL’s #1 seed but terrified by who we’re up against (because they’ve ripped me a new one before). [noncuratlex] * Sorry, Judge Steiner, you wuz robbed; you should have been our Judge of the Day. It’s tough to top “allegations of a sexual quid pro quo with a female lawyer and the eye-opening confiscation of carpet from [chambers] for forensic analysis.” [OC Weekly] William Shatner * “William Shatner’s Seductive Powers Don’t Create a Fiduciary Duty.” Robyn Hagan Cain explains why. [U.S. Second Circuit / FindLaw] * Citi settles securities cases for $730 million. Matt Levine is not impressed. [Dealbreaker] * And Ted Frank is incensed by Bernstein Litowitz’s nine-figure fee request. [Point of Law] * If you’re already depressed by public ignorance about the Supreme Court, don’t look at the responses to question 9 of this opinion poll. [Penn Schoen Berland] * Steven Harper — author of a new (and very good) book about the legal profession, The Lawyer Bubble (affiliate link) — offers thoughts on the billable hour in the wake of the DLA Piper overbilling allegations. [New York Times]
Filevine’s New Legal AI Platform LOIS Turns AI Into A True Legal Coworker
Legal work isn’t slowing down, and the firms that win won’t be the ones working harder — they’ll be the ones working smarter.
What Would a More Relevant Law School Ranking Look Like? You Tell Us
What would a more relevant law firm rankings methodology look like?
Buying In: A Biglaw Blogroll
Which blogs should you be reading if you're a Biglaw partner? Some insights from our Anonymous Partner.
Quote Of The Day: How Are Law Schools Like Bad Dates?
A riddle: How is law school like going on a bad date?
Quote of the Day: They Paved Paradise, And Put Up A Parking Lot Law School
Should ASU Law build a new facility? At least one law professor doesn't think so.
AI Is Killing Legal’s Billable Hour. It’s Also Repeating Its Worst Mistake
Law firms and legal departments are writing the future of the profession in separate rooms. What happens when they actually work together?
Lawyerly Lairs: Hie Thee to Iowa?
Want to escape to the heartland? Check out the lovely home of a former Biglaw partner and general counsel, which is now on the market -- for a very modest price....
Dewey Plan To Give Retired Partners a Seat at the Bankruptcy Table?
What's the latest news in the Dewey & LeBoeuf bankruptcy?
Dewey Know How To Do The Taxes?
Dewey know how to do the partnership's taxes? Some D&L partners are confused by the updated K-1 tax forms issued to them by the firm. And, speaking of Dewey partners, defections continue....
Above the Law Seeks Additional Writers
Interested in writing for Above the Law? Please read on....
Morning Docket: 04.02.12
* Thinking of going to law school and leading a stereotypical Biglaw life of luxury? Perhaps you should consider taking ex-K&E partner Steven Harper’s class at Northwestern. You might just change your mind. [Chicago Tribune] * The HuffPo’s unpaid bloggers are going to stay that way for now, because Jonathan Tasini’s $105M class action suit has been dismissed. Perhaps he’ll get another SCOTUS case under his belt. [Thomson Reuters News & Insight] * Parts of Junie Hoang’s lawsuit against IMDb have survived dismissal, but she can kiss her $1M damages claim goodbye. Too bad, because at her age, she could really use the retirement money. [Hollywood Reporter] * Hofstra’s going to Havana, but it’s not to get career advice from Fidel. Instead, students will learn about U.S. export law. Sigh. You don’t need to go to Cuba to find out you can’t bring back cigars. [National Law Journal] * Who’s the latest lady love in Lindsay Lohan’s life? Shawn Holley. LiLo reportedly whispered sweet nothings into her lawyer’s ear after she was freed from the bonds of supervised probation. [Los Angeles Times]