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Law Firm Partners Made BANK Last Year And There’s Nothing Clients Can Do About It
Partners saw big increases in their rates last year. And got paid for them.
Partners saw big increases in their rates last year. And got paid for them.
Maybe the problem with rising legal costs is coming from inside the client's office.
From training to technology, uncover the essential steps to futureproof your law firm in a competitive market.
Billing equity is the first step to equity partnership.
Putting the big in Biglaw.
All the best swag from #ACCAM17.
* Thus far, five law schools -- Hawaii, Iowa, St. John's, Drake, and Buffalo -- have decided to drop the LSAT for top-performing applicants, and it's no surprise that all five law schools have watched their enrollment numbers take traumatic tumbles. [Bloomberg Business] * "[E]veryone calls colleagues for advice, particularly when we get gnarly jury notes." As it turns out, judges in the Southern District of New York are big proponents of the "phone a friend" lifeline for their trickier cases. FYI, those friends are never law profs. [New York Times] * Well, that was incredibly quick! Josh Seiter, the 2013 graduate of Chicago-Kent Law who's built a successful career stripping, working as an escort, and appearing on reality TV shows, didn't even make it past the first rose ceremony on The Bachelorette. [Heavy] * Without WARNing? Butler & Hosch, one of the largest foreclosure firm's in the country, decided to abruptly close up shop, leaving hundreds of attorneys and staff members of out work. Sources have told us that the firm was unable to make payroll. [Orlando Sentinel] * Sorry, boutiques, but according to Lexis/Nexis CounselLink's Enterprise Legal Management Trends report, the biggest of all Biglaw firms are controlling the market when it comes to performing specialized IP litigation work. [DealBook / New York Times] * As we mentioned previously, Sam Kamin of Denver Law is the first professor to hold a pot law professorship. Here's an interesting Q&A with the law firm partner who came up with the idea. See Prof. Kamin at our marijuana law event in June. [National Law Journal]
How to make the right decision, and why there might be another way to shape a fulfilling legal career on your own terms.