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Law Firms Can’t Describe ‘Specialties’ on LinkedIn, New York Ethics Opinion Says
September 3, 2013
Law firms may not describe their services in a section of LinkedIn devoted to specialties, according to a New York ethics...
September 3, 2013
Law firms may not describe their services in a section of LinkedIn devoted to specialties, according to a New York ethics...
Divining the Future of Law & Legal Technology in Vegas
August 20, 2013
For law firms and corporate counsel alike, information technology is perhaps the single most disruptive factor that will...
August 20, 2013
For law firms and corporate counsel alike, information technology is perhaps the single most disruptive factor that will...
Lawyers’ Social Media Use Grows Modestly, ABA Annual Tech Survey Shows
August 10, 2013
Lawyers’ social media use continues to grow, but only modestly, according to just-released findings of the 2013 American...
August 10, 2013
Lawyers’ social media use continues to grow, but only modestly, according to just-released findings of the 2013 American...
Don’t Bury Big Law Just Yet
August 9, 2013
Headlines like “The Last Days of Big Law” are great—eye-catching and search engine–optimized. If only they were true. While it’s always easy to use “anecdata” and argue, loosely, that the fate of one individual firm, say, the late Dewey & LeBoeuf, is a harbinger for the industry as a whole, that’s actually not the case when it comes to big law firms. As Mark Obbie points out in his Slate article, the New Republic's cover story "looks at one sore throat and proclaims...
August 9, 2013
Headlines like “The Last Days of Big Law” are great—eye-catching and search engine–optimized. If only they were true. While it’s always easy to use “anecdata” and argue, loosely, that the fate of one individual firm, say, the late Dewey & LeBoeuf, is a harbinger for the industry as a whole, that’s actually not the case when it comes to big law firms. As Mark Obbie points out in his Slate article, the New Republic's cover story "looks at one sore throat and proclaims...
A Farewell to Cushy BigLaw: Mayer Brown a Case Study in Coping and Hard-Charged Competition
August 5, 2013
Most BigLaw firms will eventually collapse or reinvent themselves, leaving only 20 to 25 law firms catering to clients who are willing...
August 5, 2013
Most BigLaw firms will eventually collapse or reinvent themselves, leaving only 20 to 25 law firms catering to clients who are willing...
How People Search for Lawyers: The Consumer Law Revolution
July 3, 2013
In the early days of the Internet, some lawyers did very well for themselves by being among the first to have a website or a blog. As more law firms launched web pages and it became a more crowded field, search engine results became more important. Schemes and tricks to move up in search results were circulated.The law firms and other businesses were hit with a barrage of SEO (Search Engine Optimization) experts promising to raise your search result profile. Our new Digital Edge podcast features...
July 3, 2013
In the early days of the Internet, some lawyers did very well for themselves by being among the first to have a website or a blog. As more law firms launched web pages and it became a more crowded field, search engine results became more important. Schemes and tricks to move up in search results were circulated.The law firms and other businesses were hit with a barrage of SEO (Search Engine Optimization) experts promising to raise your search result profile. Our new Digital Edge podcast features...
Using Data to Fix Outside Counsel Budget Forecasts
July 2, 2013
Since the 2008 economic crisis hit, U.S. corporations have been ratcheting up pressure on their general counsel to limit legal spending, and on law firms to provide detailed budgets for their work. For firms used to providing clients with ballpark estimates for outside counsel work, the new focus on precision can be a difficult transition. “The old approach to budgeting [for legal services] was to say every case is different and can’t be budgeted,” said Craig Raeburn, vice president of legal...
July 2, 2013
Since the 2008 economic crisis hit, U.S. corporations have been ratcheting up pressure on their general counsel to limit legal spending, and on law firms to provide detailed budgets for their work. For firms used to providing clients with ballpark estimates for outside counsel work, the new focus on precision can be a difficult transition. “The old approach to budgeting [for legal services] was to say every case is different and can’t be budgeted,” said Craig Raeburn, vice president of legal...
Mass Layoffs at a Top-Flight Law Firm
June 30, 2013
Layoffs are a brutal reality of corporate America. During fallow periods, publicly traded companies, including the big banks, routinely cull their ranks. The country’s largest law firms, by contrast, have historically taken a kinder, gentler approach, rarely firing employees en masse. The news on Monday that Weil, Gotshal & Manges, among the nation’s most prestigious and profitable law firms, was laying off a large number of lawyers and support staff while also reducing the pay of some...
June 30, 2013
Layoffs are a brutal reality of corporate America. During fallow periods, publicly traded companies, including the big banks, routinely cull their ranks. The country’s largest law firms, by contrast, have historically taken a kinder, gentler approach, rarely firing employees en masse. The news on Monday that Weil, Gotshal & Manges, among the nation’s most prestigious and profitable law firms, was laying off a large number of lawyers and support staff while also reducing the pay of some...
Top 5 Reasons Why Law Firms Are Switching Document Management to the Cloud
June 29, 2013
Today more than ever, Law Firms are adopting Disaster Recovery Strategies and implementing plans that will enable their business...
June 29, 2013
Today more than ever, Law Firms are adopting Disaster Recovery Strategies and implementing plans that will enable their business...
Dewey’s Bankruptcy Lawyer: More Large Law Firms Will Fail
June 20, 2013
While failed law firms make for notoriously difficult bankrupty cases, Dewey & LeBoeuf's time in bankruptcy court was quicker and easier than other notable law firms. Joe Samet, head of restructuring at Baker & McKenzie, and Al Togut, founding partner at Togut, Segal & Segal, talk with Bloomberg Law's Lee Pacchia about why Dewey's case went so smoothly compared to others; the prospects for other large law firm failures; and how managing partners can keep their firms out of bankruptcy....
June 20, 2013
While failed law firms make for notoriously difficult bankrupty cases, Dewey & LeBoeuf's time in bankruptcy court was quicker and easier than other notable law firms. Joe Samet, head of restructuring at Baker & McKenzie, and Al Togut, founding partner at Togut, Segal & Segal, talk with Bloomberg Law's Lee Pacchia about why Dewey's case went so smoothly compared to others; the prospects for other large law firm failures; and how managing partners can keep their firms out of bankruptcy....
