American Lawyer, The Big Four’s Recent Acquisition in the Legal Market is a Big Deal:
There has been much talk in the past year that the Big Four were sniffing around the alternative legal services (ALSP) market looking for an acquisition. Many legal market watchers, including your (humble) analyst, publicly stated that they expected at least one Big Four-led acquisition into the ALSP space in 2018. That wait is now over. EY announced on August 7th that they will acquire...
In today’s post I recount an epic battle between the Rules of Professional Conduct (tagline: saving clients from unscrupulous lawyers for over 100 years!) and the Uniform Arbitration Act (tagline: saving arbitration from hostile judges for 60 years!) in the Supreme Court of California. Spoiler alert: the Rules of Professional Conduct win.
The story in Sheppard, Mullin, Richter & Hampton, LLP v. J-M Manufacturing Co.,2018 WL 4137103 (Cal. Aug. 30, 2018), begins with a “large law firm”...
Citing a U.S. Supreme Court decision handed down earlier this year, two lawyers have sued the Oregon State Bar alleging that mandatory dues infringe on their constitutional rights.
Diane Gruber and Mark Runnels argue in a suit filed last Wednesday in federal court that paying compulsory dues infringes on their First Amendment rights because it helps pay for political and ideological speech they disagree with.
“This isn’t an attack on the state bar,” attorney Michael L. Spencer, who filed...
The Professional Ethics Committee for the State Bar of Texas recently issued a written opinion regarding whether it is permissible for a Texas attorney-mediator to prepare a post-mediation written agreement memorializing any agreed-upon terms and also offer guidance to the parties regarding the inclusion of additional terms that were not previously discussed during the mediation process.
In Professional Ethics Committee Opinion Number 675, the Questions Presented state:
May a Texas lawyer,...
Having just now seen Darkest Hour, the Academy Award-winning film about Churchill confronting Britain’s terrible military situation in May of 1940, I was inspired to update this blog’s page about legal writing with an essay written by Churchill as a young man called “The Scaffolding of Rhetoric.” It illustrates five simple ways to put words together to add power to the overall message they convey.
We only hear half of what we listen to. Perhaps that is why most people instinctively use tautology when they write or speak. Tautology is the use of different words to say the same thing or repeating the same thing twice, often in the same sentence, using different words. Most people don’t even know that they’re doing it. Tautology clutters otherwise simple communication.
Mark Twain made entertaining and sarcastic use of tautology. His most famous example is “Suppose you were an idiot and suppose...
Demand and revenue growth declined in Texas during the first six months of the year, compared with the same period in 2017, according to a Citi Private Bank's Law Firm Group report.
Through June 30, law firms turned in their best half since the recession, according to City Private Bank’s Law Firm Group 1H18 Flash Results, which includes data from 186 firms.
That was not the case in Texas.
Technological innovation has accelerated at an exponential pace in the last few decades, ushering in an era of unprecedented advancements in algorithms and artificial intelligence technologies. Traditionally, the legal field has protected itself from technological disruptions by maintaining a professional monopoly over legal work and limiting the “practice of law” to only those who are licensed.
This article analyzes the long-term impact of the Second Circuit’s opinion in Lola v. Skadden,...
A recent article in the American Lawyer suggested that selecting fewer firms or creating a panel of law firms does not necessarily increase the performance of those firms or the likelihood that the client will be more satisfied with the relationship. The authors did, however, present some compelling research to support their assertion that length of relationship between a firm and client does make a difference.
From “Law Firm Panels, Part I: Are They Designed to Fail?” by Firoz Dattu...