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How the Financial Crisis Changed Cahill Gordon  [Video]

August 21, 2014 (Mimesis Law) -- Dan Zubkoff, partner and executive committee member at Cahill Gordon & Reindel, talks with Kent Zimmermann about the firm's strong financial performance since the financial crisis in 2008....more

Bingham McCutchen Reaches Out For BigLaw Merger Partners [Video]

July 22, 2014 (Mimesis Law) -- Casey Sullivan, reporter at Reuters, talks with Lee Pacchia about Bingham McCutchen's recent efforts to merge with another large law firm. According to Sullivan, the Boston based firm has made...more

Dentons Global Chair Eyes Growth Through Law Firm Mergers  [Video]

June 27, 2014 (Mimesis Law) -- Joseph Andrew, Global Chair at Dentons, talks with Lee Pacchia about his firm's decision to stop reporting Profits Per Equity Partner to media organizations tracking and ranking the financial...more

Not Dead Yet? How BigLaw's Best Firms Are Finding Growth  [Video]

Apr. 2, 2014 (Mimesis Law) -- Kent Zimmermann, consultant to law firms for The Zeughauser Group, tells Lee Pacchia that despite years of negative press heralding the end of BigLaw's best years, there are tangible signs of...more

Legal Tech Startups: Separating Hype from Opportunity  [Video]

Mar. 26 2014 (Mimesis Law) -- David Perla, co-founder of Pangea3 and current CEO of Matterhorn Transactions, talks with Lee Pacchia about the rise of a 'startup culture' in legal technology. According to Perla, approximately...more

Zimmermann: Dewey Charges Send 'Warning' To Struggling Law Firms [Video]

Mar. 12, 2014 (Mimesis Law) -- Kent Zimmermann, consultant at the Zeughauser Group, talks with Lee Pacchia about the recent spate of charges filed against former leaders of defunct law firm Dewey & LeBoeuf and what they mean...more

MacEwen: Weil Gotshal Layoffs Start of Wave  [Video]

June 27 (Bloomberg Law) -- Weil, Gotshal & Manges' announcement this week it is firing 60 associates and 110 support staffers, and cutting the pay of about 30 partners, is the start of a wave of such downsizings, according to...more

Deloitte: Turnarounds and Democracy Don't Mix  [Video]

April 26 (Bloomberg Law) -- William Snyder, co-head of the corporate restructuring group at Deloitte, talks with Bloomberg Law's Lee Pacchia about a new survey his group conducted on executive management during corporate...more

Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"  [Video]

April 25 (Bloomberg Law) -- A substantial percentage of the nation's largest law firms enter the sixth year of the Great Recession "badly weakened," and more firms are expected to fail, according to law firm consultant Kent...more

Consultant: More Big Law Firms Will "Implode"  [Video]

Feb. 27 (Bloomberg Law) -- Bruce MacEwen, a law firm consultant and blogger at AdamSmithEsq.com, tells Bloomberg Law's Lee Pacchia that "we will see some more name brand [law] firms implode" in 2013. The defunct New York law...more

Weekly Brief: New DOJ Tact Pushes Bank Subsidiaries To Admit Guilt [Video]

Feb. 21 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. The Department of Justice appears to be changing its approach on prosecuting those responsible for the financial crisis. Also,...more

A Better 2012 for BigLaw (With Big Asterisks)  [Video]

Feb. 7. (Bloomberg Law) -- Law firm profits at a selection of the nation's largest firms increased by 4.3 percent in 2012, but "we do have some concerns about what drove the results," Dan DiPietro, chairman of Citi Private...more

Weekly Brief: Lawyers Advised To Accept New Reality [Video]

Jan. 17 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A new report suggests lawyers need to forget about returning to the economic conditions preceding the Great Recession. Also, RBS...more

Weekly Brief: UBS Smacked in LIBORgate Settlement [Video]

Dec. 20 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. UBS announced a major settlement with US, UK and Swiss authorities for its role in rigging global interest rates. Also, Goldman...more

Weekly Brief: Will Congress Garnish Paychecks to Repay Student Loans? [Video]

Dec. 6 (Bloomberg Law) -- A proposal in Congress could mean big changes to the way debtors pay back student loans. Wisconsin Congressman Tom Petri wants companies to automatically deduct student loan repayments from...more

BigLaw's Banker: I've Got a "Robust" List of Firms That May Fail [Video]

Oct. 26 (Bloomberg Law) -- Dan DiPietro, chairman of The Law Firm Group at Citi Private Bank, says he has a "somewhat robust" watch list of law firms that may fail in the coming months. "In this kind of economic...more

Weekly Brief: CFPB, Legal Fees & Hashtag Hijackers [Video]

Oct. 18 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the week's most important legal news. The Consumer Finance Protection Bureau is considering a plan to grant unprecedented legal immunity to mortgage lenders....more

IRS 6050W: Implications for Attorneys and Others Who Accept Credit Cards

This is a good analysis of the implications of IRS 6050W for attorneys and others who accept credit card payments; kudos to Lawpay.com for the analysis!...more

Consultant: Law Firm Revenues & Profits Dropping, Layoffs Ahead [Video]

Sept. 5 (Bloomberg Law) -- Kent Zimmermann, consultant to law firms for the Zeughauser Group, talks with Bloomberg Law's Lee Pacchia about the prospects for the legal services industry in 2013. Kent says that law firms have...more

Dewey Burned $43 Million In 6 Weeks Prior To Bankruptcy [Video]

June 14 (Bloomberg Law) -- Bloomberg News Bill Rochelle tells Lee Pacchia that defunct law firm Dewey & LeBoeuf LLP spent $43 million in cash over the six weeks prior to their bankruptcy filing, much to the chagrin of secured...more

Some Musings on Dewey LeBoeuf

The Bankruptcy Filing of Dewey & Leboeuf Well, it's happened again: with its May 28 bankruptcy filing (the largest for any law firm in U.S. history), Dewey & LeBoeuf has gone the way of Howrey, Thelen Reid, Heller...more

Avoiding Law Firm Implosions by Mandating Firms to Undergo Annual Stress Tests

Good Lord! Please make it stop. We can’t take witnessing any more carnage or scandal from the Dewy & LeBoeuf front! The worst part, in some respects, is that clients, laterals and law firm lenders are now looking past...more

Grubby Money - Lawyers’ Reluctance to Talk About Fees

It’s no secret – and no surprise – that in today’s competitive and cost-constrained legal landscape price has taken center stage: clients are increasingly fixated on tightened budgets and efficient service delivery. It’s also...more

A Case Study at the Cutting Edge: Legal Project Management in Australia

Few law firms can claim that they are shaping the future of legal services. King & Wood Mallesons, however, is at the forefront of law firms bringing innovative ways to serve client needs in the New Normal. This article...more

Dewey Need to Take a Pledge?

Dewey & LeBoeuf continues to be daily battered in the media. Too many of the slings and arrows now being shot Dewey’s way are self inflicted. Those with the most to lose seem to be trying to get this ship of state back on...more

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