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Lateral hiring of partners by law firms can bring on great risks and result in huge financial disappointments. Lateral hiring can also create enormous rewards.
We have seen a spate of law firms literally fail because of...more
The landscape of generating new business for law firms has drastically changed over the last 2-3 years. Arguably, “the billable hour” is on life support and Alternative Fee Agreements (“AFA”) are revolutionizing the...more
The New York Times recently reported that “Armies of Expensive Lawyers, Replaced by Cheaper Software.” In fact, the computer software the Times reported about is not only dramatically cheaper -- the software is actually 5%...more
After a relatively anemic lateral market for lateral law firm partners in 2010, what can we expect potential lateral partners and law firms to see in 2011?
We believe that there are ample opportunities for potential...more
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