Tags » Business Of Law

You had me at "the billable hour is directly opposed to the best interest of the client ..."

Mark this day down on your calendars, kids. We will one day look back on November 18, 2014, as the first day in the long anticipated end to the dreaded billable hour. 1,092 more words

Business Of Law

Can a law firm exist without clients? 49% of new partners surveyed think so.

I’m reading a new survey from ALM, New Partners Ambivalent About Rainmaking, Survey Finds, and am aghast at the naïveté of the respondents. Apparently, 49% of new partners surveyed don’t think that their ability to make rain is a deciding factor in their being promoted to partner (equity or non-equity). 459 more words

Business Of Law

Has the BigLaw recovery arrived? Revenue per lawyer is at a low point, when adjusted for inflation

By: Debra Cassens Weiss

At first glance, financial statistics on the nation’s largest law firms show record-breaking gross revenue, profits and revenue per lawyer.

But the raw numbers can be deceiving, the American Lawyer (sub. 336 more words

Law

Is your firm's phone line secure? If not, a hack attack can cost you big bucks

By: Martha Neil

Many small businesses don’t realize it, but their phone system may be a potential gateway for hackers.

Large companies that contract for service with major carriers have little to worry about, because sophisticated security systems are in place and customers likely will be indemnified if they fail. 298 more words

Law

Merger Update: Two weeks in and all is good.

Two weeks into the merger and I am starting to get my bearings. I’ve got my first assignment, overseeing the marketing and business development for one of the practice groups. 371 more words

Business Of Law

My new normal begins today

It’s Thursday. Just Thursday. My email wasn’t blowing up at 6:00 a.m. with pipes bursting at the HOA. The kids got off to school on time. 598 more words

Business Of Law

M(erger) - We made it!

Well, day one is a wrap. The email worked. We had a nice welcome breakfast across the firm. Talked a little strategy. And got back to work. 50 more words

Business Of Law