Money
-
Firm Yet Again Hands Out Patently Huge Bonuses To Stay Ahead Of The Market
These big bonuses keep attracting top talent.
-
This week has brought news of four notable investment deals in legal tech.
-
-
Top 30 Biglaw Firm’s Leader Thinks AI Will Help His Firm Soar To The Top
Cleary Gottlieb’s managing partner wants the firm to move up in the Am Law 100 ranking. Can AI help get the job done?
-
Financial Data: Here’s How Lawyers Get Paid
Data from the report showed that when lawyers offer clients multiple ways to pay invoices, they receive payment significantly faster.
-
-
At $1.2 Billion, It’s Already A Record Year For Legal Tech Investment
Will this investment trend continue? At this point, there is no turning back.
-
Law Firm Executive Indicted For Stealing From Firm
He allegedly took almost a million dollars from the firm.
-
Are Smaller Market Lawyers Actually Better Than Major Market Biglaw Lawyers?
A new study suggests clients have discovered the value of a smaller market lawyer.
-
-
-
* In case you missed it, Linda Greenhouse of the New York Times has noticed a trend when it comes to Chief Justice Roberts and who he’s been aligning himself with at the Supreme Court. He may not yet be a moderate, but he seems to be shying away from “the reliably right-wing triumvirate” of Justices Thomas, Alito, and Gorsuch. [New York Times]
* “The document speaks for itself.” All three of former Trump campaign aide Rick Gates’s lawyers are withdrawing as counsel, and will only explain why in documents filed under seal. Only his Biglaw attorney who is known for his plea deals remains. Gates is under indictment in special counsel Robert Mueller’s Russia investigation. [POLITICO]
* According to the latest year-end report from the Wells Fargo Private Bank’s Legal Specialty Group, law firm revenue and profits were up in 2017, and demand had increased for legal services. As usual, the most profitable firms at the top of the market outperformed their smaller counterparts. [American Lawyer]
* Trump administration policies having to do with immigration, specifically the H-1B visa program for foreign workers, may force many Biglaw firms to move to their practices to the cloud sooner than they would have liked. In times of “political uncertainty” like these, Biglaw can’t rely on “offshore labor arbitrage” for IT outsourcing. [TechTarget]
* The GC of the American Red Cross has resigned following the publication of a report that he praised a former colleague who was the subject of an internal investigation and pushed out of the organization for alleged instances sexual misconduct. [Corporate Counsel]
* Disgusting: A Georgia lawyer who asked a witness to recant an eyewitness account of her son’s molestation has politely gave up his license to practice law after pleading guilty to felony witness tampering and attempting to suborn perjury. [Big Law Business]
-
Want To Save Money In eDiscovery? Here’s A 3-Step Plan.
eDiscovery doesn’t have to be a mad scramble. Cost-effective, smart discovery means taking a logical, thoughtful approach.
-
How Consultants Recommend Cutting Legal Bills
In-house columnist Mark Herrmann identifies what looks like the wave of the future.
-
eDiscovery, Litigators, Technology
Wait, No Go. Wait, No Go. Striking The Balance On When To Incur Costs For eDiscovery.
This problem can be solved, but it requires advance planning, strategy, and some expenditure.
-
eDiscovery, Litigators, Technology
A Quick Reference Guide To Understanding eDiscovery Pricing
Ediscovery columnist Kelly Twigger walks you through the different cost components for ediscovery.
-
Can Technology Redefine Litigation Itself? Stephen Kane Thinks So.
Innovative new technology could make courts obsolete in straightforward civil disputes.
-
Boutique Law Firms, Money, Small Law Firms, Technology
The Advent Of ‘Blockchain’ And What It May Mean For Lawyers
Blockchain will bring disputes — and good lawyers need to be ready.
-
Money, Small Law Firms, Solo Practitioners, Technology
How Entitled Millenials Send Payments
What’s a “check”? Try Venmo, PayPal, Google Wallet, or Facebook Messenger.
-
* Ben Wittes on James Comey’s prepared testimony (which he’ll deliver tomorrow): “the most shocking single document compiled about the official conduct of the public duties of any President since the release of the Watergate tapes.” [Lawfare]
* Could the Public Service Loan Forgiveness (PSLF) program be eliminated — retroactively? Thoughts from Professor Gregory Crespi. [SSRN]
* The California Supreme Court appears less than enthused about a ballot measure that would compel the courts to decide death penalty cases more quickly. [How Appealing]
* Behind every great bestseller is… a tiger mother? How Amy Chua mentored J.D. Vance, author of Hillbilly Elegy (affiliate link). [The Atlantic]
* Picking up on Shannon Achimalbe’s post from earlier today, here’s additional financial advice for young lawyers. [SoFi]
* Legal technology is a godsend — but what do you do when problems arise? [Reboot Your Law Practice]
* Mark your calendars: one week from today, on June 14 in San Francisco, it’s the Battle of the (Law Firm) Bands! [Family Violence Appellate Project]