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March 29, 2014
Bloomberg Law Pat your smartphone on the back: it just got smarter. Or at least less put-down-able. In an apparent effort...
March 29, 2014
Bloomberg Law Pat your smartphone on the back: it just got smarter. Or at least less put-down-able. In an apparent effort...
An Update on Milbank’s Big Bet
December 15, 2013
Two years ago, when all other large law firms were slashing expenses to prop up partner profits, Milbank Tweed went in the opposite direction and invested heavily in an executive education program for midlevel associates. The program, called Milbank@Harvard, required all 4th, 5th, 6th, and 7th year associates to spend one week per year at Harvard University taking course work from HLS and HBS professors along with Milbank partners. At the time, I wrote an in-depth analysis for the Am Law Daily....
December 15, 2013
Two years ago, when all other large law firms were slashing expenses to prop up partner profits, Milbank Tweed went in the opposite direction and invested heavily in an executive education program for midlevel associates. The program, called Milbank@Harvard, required all 4th, 5th, 6th, and 7th year associates to spend one week per year at Harvard University taking course work from HLS and HBS professors along with Milbank partners. At the time, I wrote an in-depth analysis for the Am Law Daily....
What Do the 2013 Bonuses Tell Us About the Legal Market? (video)
December 8, 2013
David Lat and Elie Mystal from Above the Law talk with Bloomberg Law's Lee Pacchia about 2013 bonuses for lawyers at Cravath and Skadden, as well as some recent and noteworthy breakdowns in merger talks among several large law firms.
December 8, 2013
David Lat and Elie Mystal from Above the Law talk with Bloomberg Law's Lee Pacchia about 2013 bonuses for lawyers at Cravath and Skadden, as well as some recent and noteworthy breakdowns in merger talks among several large law firms.
What Would the Obama-Backed 2-Year Law School Look Like? Dean Describes NYLS Program
September 21, 2013
Anthony Crowell, dean and president of New York Law School, talks with Bloomberg Law's Lee Pacchia (a New York Law School alumnus) about the school's new two-year law degree program and the prospects for a federal ranking system of higher education providers.
September 21, 2013
Anthony Crowell, dean and president of New York Law School, talks with Bloomberg Law's Lee Pacchia (a New York Law School alumnus) about the school's new two-year law degree program and the prospects for a federal ranking system of higher education providers.
Why Are Clients Buying Less But Paying More? ALM’s Editor-in-Chief May Have The Answer (video)
September 14, 2013
Aric Press, editor in chief of American Lawyer Media, talks with Bloomberg Law's Lee Pacchia about the latest data on the financial performance of law firms. "The legal marketplace is a complex entity. Parts of it have recovered, parts of it haven't," says Press. "You can walk through the halls of virtually any major law firm that you can name, and you will find people busier than they've ever been–and others down the hall twiddling their thumbs." When Pacchia asks why market forces wouldn't...
September 14, 2013
Aric Press, editor in chief of American Lawyer Media, talks with Bloomberg Law's Lee Pacchia about the latest data on the financial performance of law firms. "The legal marketplace is a complex entity. Parts of it have recovered, parts of it haven't," says Press. "You can walk through the halls of virtually any major law firm that you can name, and you will find people busier than they've ever been–and others down the hall twiddling their thumbs." When Pacchia asks why market forces wouldn't...
Law Schools Still ‘Inaccurate’ on Employment Numbers, Says Law Prof (video)
September 7, 2013
Ben Trachtenberg, associate professor at the University of Missouri School of Law, talks with Bloomberg Law's Lee Pacchia about how a recent set of disciplinary actions against law school administrators for misrepresenting employment data will impact the movement to reform legal education.
September 7, 2013
Ben Trachtenberg, associate professor at the University of Missouri School of Law, talks with Bloomberg Law's Lee Pacchia about how a recent set of disciplinary actions against law school administrators for misrepresenting employment data will impact the movement to reform legal education.
BigLaw Growth Was ‘Anemic’ for First Half of 2013, Reports Wells Fargo (video)
August 21, 2013
Jeff Grossman, a Senior Director at Wells Fargo Private Bank, talks with Bloomberg Law's Lee Pacchia about his firm's new report on the state of BigLaw. The survey of 120 law firms saw revenue growth of 1.5% for the first half of 2013, compared to the same period of time last year.
August 21, 2013
Jeff Grossman, a Senior Director at Wells Fargo Private Bank, talks with Bloomberg Law's Lee Pacchia about his firm's new report on the state of BigLaw. The survey of 120 law firms saw revenue growth of 1.5% for the first half of 2013, compared to the same period of time last year.
Bloomberg Law to Rebrand as Bloomberg BNA
August 6, 2013
Bloomberg Law will move under the umbrella of Bloomberg BNA, effective Jan. 1, 2014, CEO Greg McCaffery advised clients...
August 6, 2013
Bloomberg Law will move under the umbrella of Bloomberg BNA, effective Jan. 1, 2014, CEO Greg McCaffery advised clients...
Are Companies Like Axiom Law a Threat to BigLaw?
July 27, 2013
Axiom Law–which has 1,000 employees in 11 offices–isn't a legal process outsourcer, claims its founder and CEO Mark Harris. But it's also not a law firm, he says. Yet it's been solely responsible for the legal work on more than 10 M&A transactions over the past year–the kind of work law firms once thought they alone could do. It aspires to become "one of the world's largest providers of legal services," Harris tells Bloomberg Law's Lee Pacchia. Listen for yourself to decide if it's...
July 27, 2013
Axiom Law–which has 1,000 employees in 11 offices–isn't a legal process outsourcer, claims its founder and CEO Mark Harris. But it's also not a law firm, he says. Yet it's been solely responsible for the legal work on more than 10 M&A transactions over the past year–the kind of work law firms once thought they alone could do. It aspires to become "one of the world's largest providers of legal services," Harris tells Bloomberg Law's Lee Pacchia. Listen for yourself to decide if it's...
Law School Winners and Losers in the Applications Game [Video]
July 7, 2013
Bloomberg Law has put together a short video called "7 Things You Don't Know About Law School Admissions" describing some of the surprising stats resulting from the historic drop in application numbers this year. For instance, even though most schools are experiencing significant declines, several low ranked schools have actually seen their application numbers spike. And while Yale is still the toughest ticket in town, there are other schools where it's almost de facto open admissions.
July 7, 2013
Bloomberg Law has put together a short video called "7 Things You Don't Know About Law School Admissions" describing some of the surprising stats resulting from the historic drop in application numbers this year. For instance, even though most schools are experiencing significant declines, several low ranked schools have actually seen their application numbers spike. And while Yale is still the toughest ticket in town, there are other schools where it's almost de facto open admissions.
