The term
"law firm partners" refers to a group of lawyers who have formed their own business, called a law firm, and share ownership and profits.
Full definition
There are more sophisticated buyers than ever in the marketplace, and the model
of law firm partners selling to companies will change as companies become even more sophisticated in procurement.
Posts note conferences and offer advice
for law firm partners looking for better approaches to marketing their practices.
Value conscious General Counsel have increasing access to high quality talent — mostly due to today's job market where
many law firm partners make the jump to in - house counsel.
Female parenting lawyers worry that taking more than one maternity leave will be poorly viewed
by law firm partners as indicative of a lack of dedication or lack of commitment to their practices.
Business confidence
among law firm partners is proving resilient despite recent market turbulence, with the vast majority expecting their firm's revenues to grow during the coming year.
And so too does their rewards structure; corporate lawyers have a long - term financial interest in the enterprise most
law firm partners don't.
The same applies to
law firm partners whose reputation is the sum of the beliefs or opinions held by clients and potential clients those partners.
It takes 30,000 or 40,000 hours of practice to become an expert litigator, according to one
large law firm partner.
This definition of productivity... wrongly
assumes law firm partners are the end customers in the legal profession, and not our clients.
Second, there is a major gap in perception
between law firm partners and associates concerning work - life balance and attorney satisfaction.
The days of the at - home wife supporting the
busy law firm partner are quickly fading if they haven't already disappeared.
This recurring feature will give a
notable law firm partner an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
This is becoming clearer to
potential law firm partners every day, and there's plenty of anecdotal evidence that fewer associates are interested in becoming partners at law firms than in the past.
In any event, are
law firm partners necessarily sufficiently well informed on the total cost of professional liability claims to make the necessary assessment?
WHEN are
law firm partners going to understand that you don't gain loyalty, commitment, and a sense of participation by treating people like second - class citizens.
Traditionally, the compensation ratio between the highest and lowest
paid law firm partners has been between 2 - to - 1 and 3 - to - 1.
But it's still an interesting exercise to take annual income and divide it by billable hours to see what
top law firm partners can make per billable hour.
He is an active writer and speaker, including participation in
law firm partner meetings, about the emerging models of improved delivery of legal service.
What follows is a list of first steps towards a more structured relationship with your
key law firm partners.
Conversely,
law firm partners in charge may know the law thoroughly but may be out of their depth when it comes to running a business.
Often lawyers who go in - house have been working as associates directed
by law firm partners and suddenly they find themselves in environments completely different from the law firm ecosystem.
In my travels over the last several years, I have talked to hundreds of lawyers, including
many law firm partners.
On the eve of LegalTech, I have been encountering a lot of magical thinking recently when talking
with law firm partners about Legal Project Management.
By Betsy Munnell — Last week I had coffee with an old friend and
former law firm partner who quizzed me about my post-practice career as a business development coach.
I was pleased to read the post on 3 geeks about value billing as this is definitely a topic that needs exploring further, not least because I'm astonished by the number of
law firm partners who continually tell me that it's for clients to find a pricing model that works for the firm's services.
A Wisconsin lawyer named Matthew Siderits was is facing the Wisconsin Supreme Court over a potential 18 - month suspension from practicing law due to having lied to his former
law firm partners about billable hours he reported.
Dentons Rodyk has extensive transactional experience in Vietnam in both greenfield and brownfield investment, and we have worked with partner firms in Dentons» Nextlaw Referral Network as well as
other law firm partners in Vietnam to undertake infrastructure, energy and resources investment projects and general investment work.
He noted that a specific area to be watchful of is when
law firm partners want to serve on boards of directors which creates potential for conflict of interest and liability threats, referring to Allen v. Aspen Group Resources Corp. as an example.
Phrases with «law firm partners»