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Ex-Kirkland Partner: Rainmakers Are Paid Too Much [Video]

May 30 (Bloomberg Law) -- The spread between the highest- and lowest-paid equity partners at the nation's biggest firms has grown too large, according to Steven J. Harper, an adjunct professor at Northwestern University...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

Crowd funding under the JOBS Act [Video]

Fenwick & West partner Stephen Graham provides a brief overview of crowd funding under the JOBS Act. According to Graham, the act will allow entrepreneurs to sell small stakes in their companies directly to the public via...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

Next Battlefield in Dewey Liquidation: Pursuing Breach of Fiduciary Duty Claims

Dewey & LeBoeuf’s inglorious galactic implosion changes all of the rules; it was not too big to fail, it was, however, far too big and corroded to fail in the relatively orderly way others before it failed. The next...more

Could Dewey & LeBoeuf Have Been Saved From Crashing and Burning? Yes and Here's How:

Gosh, I could have had a V – 8. Trial lawyers often say that when they try a case, they always wind up trying three cases: The case they plan on trying, the case they actually try and the case they should have tried....more

Call Me INDISPENSABLE

What do clients value in outside counsel? Lex, practice group leader of the Transactional Group in a global law firm, explains how Legal Project Management approaches have made him indispensable to clients....more

The Random Lunatic - Always an Unhappy Surprise (Part 4 of 5, Legal Project Management in Transactional Practices)

Lex, the practice group leader of a global law firm's transactional practice, talks about preparing for the unexpected in every deal. Lex is a fan of using Legal Project Management approaches and tools in his sophisticated,...more

Communicating with "The Client" - Lessons from Lex (Part 3 of 5)

Effective communication is the biggest challenge in working with clients. Every year in every survey, clients identify communication as the weakest aspect of their working relationships with law firms and lawyers. In this...more

KM Triumphs at the Lex & Larry LPM Showdown

As law firms begin exploring and implementing Legal Project Management (LPM), the corporate transactional practice groups tend to be quite resistant to the application of improved process and efficiency. This article...more

FORMAS DE CONSTITUCION DE UN GRUPO EMPRESARIAL

Los grupos de empresas, se concretizan en la práctica, de diversas maneras. La doctrina comparada presenta variadas formas de constitución de grupos; pero por cuestiones de espacio, nos referiremos sólo...more

UN POCO SOBRE LOS GRUPOS DE EMPRESAS

Las principales razones de la existencia de los grupos, se debe a la complejidad y enorme cuantía del potencial económico financiero que se requiere para la explotación de las actividades...more

Minders, Finders and Grinders: Towards a More Rational System of Law Firm Partner Compensation

It’s that season of the year when management locks itself into hushed secret venues and makes determinations regarding law firm partner compensation. In recent years, we have witnessed a rapid escalation of compensation paid...more

The surge in foreign language document review projects

As we have indicated in numerous posts over the last year, foreign language document reviews have dominated the U.S. contract attorney market due to the continuing increase in FCPA cases. It has provided a stream of work from...more

15 Tips To Find The Right Solicitor For You - 20 page report

We have prepared a 20 page Special Report providing impartial advice on how to find the right solicitor for your business, for example whether you go for a national firm or a local solicitor. This is an Insider’s...more

The Law Firm of the Twenty-first Century: A Survival Guide

For sixty years before the onset of The Great Recession, law firms experienced a golden age of growth in every area. The law firm of the 21st century has undergone cataclysmic changes. The 21st century law firm is, simply...more

Are We Ready to Have Law Firms Publicly Owned and Shares in Law Firms Publicly Traded?

As the United Kingdom marches towards the date upon which law firms may be owned by non-lawyers and the date upon which law firms may actually be publicly traded, the time has come to more seriously consider the viability of...more

The US News and World Report Ranking of Law Firms: Some Musings

A year or more in the making, US News and World Report will shortly issue its much vaunted ranking of US law firms. The thought did occur to me whether this is what the nation, the profession and consumers of legal services...more

Alternative Fee Arrangements: A Guide for Law Firms

(Almost) everything you need to know to get started and start thinking seriously and on an informed basis about Alternative Fee Arrangements. What is the underlying reasons for the growing demand for Alternative Fee...more

Marketing Alternative Fee Arrangements

Alternative Fee Arrangements seem to be all the current rage. Many firms are having enormous success in applying them; gaining new clients and growing their revenue base. Some firms are feeling a bit frustrated because their...more

Are you getting frustrated in marketing Alternative Fee Arrangements to potential new clients?

So, you've swallowed the Kool-Ade and worked out a schedule of Alternative Fee Arrangements. You expected block long lines to sign you up for your new AFA's and you're getting frustrated because your having trouble reeling...more

Navigating the Perfect Storm: Recruiting, Traing and Retaing Lawyers in the Coming Decade (Ark Press, 2010)

The Great Recession has revolutionized the practice of law. It has had a profound impact on recruiting - at every level, from recent graduates to partners. Clients' refusal to pay for time billed by recent graduates requires...more

China F&B Application Process

Application Procedures and Documentary Requirements for establishing food and beverage and/or hospitality enterprise in China...more

Litigation Project Management -- Why Use Workflow?

There are 3 key elements that are all pre-requisites for achieving workflow success: People, Workflow Process, and the Technology. So, if you have found yourself in a situation where you don’t have defined processes,...more

Alternative Fee Arrangements

The most significant current public discourse regarding law firm revenues is the increasing popularity of Alternative Fee (or Billing) Arrangements. The tide has even provided a generally accepted acronym of AFA. These...more

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