Wall Street Journal
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Biglaw, Dewey & LeBoeuf, Money, Partner Issues, Quote of the Day, Wall Street Journal
Quote of the Day: 1% Problems!
What are former Dewey & LeBoeuf partners whining about in the news? 1% problems! -
Small Law Firms, Wall Street Journal
Size Matters: To Sir With Love
These days, it's hard to get a law job, hard to keep a law job, and in Valerie Katz's experience, hard to stomach a law job. And, according to that Wall Street Journal article that everyone posted as a Facebook status, law firms want to keep the number of associates low, work them like dogs, and pay them like, well, high-paid professionals. This means that recent graduates are still screwed. Just when she thought all was lost, however, she found a positive story about law firms. And, of course, because that is how we roll, it involves a small firm.... - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Biglaw, Job Searches, Law Schools, Partner Issues, Partner Profits, Wall Street Journal, White & Case
Biglaw's New Normal Isn't Great For New Talent
As we mentioned in Morning Docket yesterday, the Wall Street Journal has a good article about how various recession-era cutbacks have become entrenched in Biglaw. If you have been paying attention or are a current law student, you know the issues: smaller entry-level classes, stagnant salaries, and a partnership track long enough to make a first-year Ph.D. student laugh. Other industries use economic downturns to retool their business models and develop new ways to compete. Not Biglaw....
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Biglaw, Mergers and Acquisitions, Small Law Firms, Wall Street Journal
Size Matters: Should I Get a 'Merge or Die' T-Shirt?
According to the Wall Street Journal (sub. req.), small law firms have adopted the mantra: merge or die. Indeed, the number of law firm mergers is staggering. Yet, small firm to large firm mergers are not the answer for all small firms. Valerie Katz notes that the article featured several potential problems.... -
Clarence Thomas, Constitutional Law, John Yoo, Quote of the Day, SCOTUS, Supreme Court, Wall Street Journal
Quote of the Day: Hope There Weren't Any Coke Cans on the Table
Clarence Thomas set the table for the tea party by making originalism fashionable again. — Berkeley Law professor John Yoo, in an interesting Wall Street Journal piece discussing how his former boss, Justice Clarence Thomas, has defended the Constitution and embraced originalism during his twenty years on the high court. -
Job Searches, Quote of the Day, Wall Street Journal
Quote of the Day: So tell me more about this whole 'occupational therapy' thing....
There are 64 open jobs in occupational therapy for every 100 working in the field, the [SimplyHired.com] site’s data show. Yet online job listings for these positions get 50 times fewer clicks than the hardest-to-place industry — the legal field. Meanwhile, unemployed lawyers now find themselves in the country’s most cutthroat race for a job, […] -
Biglaw, In-House Counsel, Job Searches, Small Law Firms
Size Matters: Exit Strategy
Small law firm columnist Valerie Katz contemplates whether it is possible for a small-firm associate to go in-house, or if the small-firm associate will be required to follow her path and find a new exit strategy.... -
Facebook, Small Law Firms, Social Networking Websites, Twittering
Size Matters: I Need A Hero
I always assumed that my youth (or quasi-youth) would guarantee me superstar status in connection with social media. I am not sure why I thought this, because my first foray into Facebook was a bit of a disaster. I was quite late to the party, joining years after I realized that everyone was doing it. […] - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Billable Hours, Contract Attorneys, Document Review, Job Searches, Money, Wall Street Journal
How Can a Lawyer 'Settle' for the Only Job He Can Get?
I’ve always wondered what kind of salary contract lawyers make these days. Okay, not really, I kind of already know, because a lot of my friends are contract lawyers. But for those of you who aren’t familiar with the wonderful world of contract lawyering, the Wall Street Journal had an interesting article yesterday, by Vanessa […] -
John Yoo, Quote of the Day, Wall Street Journal, War on Terror
Quote of the Day: A Professor's Practical Perspective
[T]he imperatives of law enforcement distract soldiers and intelligence agents from their primary war-fighting mission. We don’t want our soldiers pausing on hostile battlefields to read detainees Miranda warnings, take down witness statements, and collect evidence in plastic baggies. They should remain focused on finding and killing al Qaeda terrorists. — Professor John Yoo, in […] -
Job Searches, Law Schools, Wall Street Journal
An Article To Send To Your Family and Friends to Explain How Screwed You Are
Those inside the legal bubble know that it’s a terrible time to be graduating from law school, so as Ashby Jones notes, this Wall Street Journal article about the sucky job market for law grads holds few surprises. Well, really no surprises: it’s tough this year for law grads. But it’s good that the Wall […]
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.