Sentences with phrase «of big law»

As I said in Death of Big Law, «firms have a strong profit motive to preserve their reputations for fair and honest dealings with clients and others.»

As I say in Death of Big Law (footnote omitted):

ALM Legal Intelligence Releases «The State of the Big Law Market» Or «The Hunger Games» Big Law Style

Litigation partner Alex Oh spoke on a panel titled «The Future of Big Law» at an event hosted by the DC Bar's Law Practice Management Community.

So for example, some of these big law firms you jump into them, your first year out of law school and it really is 80 hours a week.

Solo attorneys have offices, they're not afraid of big law attorneys, and often have better (and cooler) technology than big law.

It isn't about being part of a big law firm anymore.

Learning to harness technology is what allowed me to leave the high - stress world of a big law firm, with its massive overhead, high billable hours, and excruciating stress.

Brad S. Karp, the chairman of Paul Weiss Rifkind Wharton & Garrison, said «the nature of big law» had changed.

In their report on the 2014 Lateral Hiring market, Above the Law noted «A sustained upswing in the lateral partner market over the past three years, with the vast majority of big law firms pursuing lateral hiring as an important part of their growth strategy.»

The article describes innovations likely required to allow a transition of Big Law into the new structures increasingly being demanded by corporate clients: 1) new forms of client interactions, 2) commodity - based disaggregation, 3) new incentive structures, and 4) standardized quality metrics.

Congratulations to Elizabeth Olson of Big Law Business on winning our BiglawWorld Pick of the Week award: Law Firms Remake Their Legal Services Model.

Congratulations to Gayle Cinquegrani of Big Law Business on winning our BiglawWorld Pick of the Week award: Law Firms Show Clients They Know Their Business.

Stat from @sharonnelsonesq is 80 % of big law firms hacked since 2011.

Small Law, even in more retail settings, is usually a scaled - down version of Big Law without the corporate art and the Knoll furniture.

And if it's true that nine in ten of the junior associates from big law end up leaving to work for themselves or in small to middle sized firms, then that's hardly shoring up the eroding foundation of big law firms either.

While a tad big US law focused, it does clearly show that the bigger firms are waking up to and addressing the profound changes and challenges that are occurring in the practice of big law.

For a Canadian example of a big law firm failure, see: Norman Bacal, Breakdown, an insider account of the rise and fall of Heenan Blaikie (Barlow Books, 2017).

(Actually, a meaningful percentage of Big Law lawyers make more money than they could possibly make elsewhere because of the outmoded compensation systems firms maintain.)»

A cursory glance at legal startups on Angel List, or just a simple Google search, indicates that legal services outside the standard model of Big Law are abundant and thriving («the market for legal startups is booming» says one commentator).

Issues of Big Law partner incentives have been raised by Henderson («From Big Law to Lean Law»), drawing on Ripstein's work («The Death of Big Law»).

I was born in 1979, so I guess that makes me Gen Y. My dad, certainly a baby boomer, worked as a partner at a series of big law firms — and I never saw him.

If it's one of timing, I'd argue that, first of all, revenues of Big Law as compared with alternates such as LPO's and startups have put the writing on the wall already.

My understanding from talking with members of Big Law HR staff is that associates do not in general feel a strong sense of loyalty to their firm.

As the title suggests, the authors argue that clients are increasingly searching for value and efficiency at the expense of big law firms that rely on their brand alone to attract and retain business at premium rates.

While AI detractors still exist in the ranks of Big Law, I have witnessed their criticisms disappear one by one.

Two recent articles ought to send a chill down the spine of big law partners everywhere.

You don't have to be part of a big law firm to find a mentor.

Opportunities abound for law students today far beyond the limits of a big law career.

Led by Chris Hanslik, our team at BoyarMiller has demonstrated that they are not afraid of the big law firms and can represent us in any transaction or lawsuit, big or small.

«The problem for many transactional lawyers is that so much of the economics of a big law firm are based on an unrealistic number of hours that need to be billed simply to sustain a robust, profitable operation.

Clients receive the experience and skill of big law firm attorneys, without the inherent inefficiency and excess of a big law firm.

In an earlier column, I wrote that the death of the billable hour has been one of the most consistently overhyped non-events in the history of Big Law.

Lawyers who struggle along in small and solo practices, or those growing increasingly frustrated with the turmoils and challenges of big law, are all developing a resilience which can only help them further in their careers if properly channeled.

It is primarily from mismatching expectations with the reality... not necessarily of Big Law..

Many of the acquiring companies are long time service providers of big law and the traditional legal profession.

We're constantly hearing predictions about the «death of the hourly rate» or the «death of Big Law».

Given the never - ending stream of predictions about the death of big law, it's hard to know whether they will be able to sufficiently alter their models to reduce operating expenses and stay viable.

LOS ANGELES — THE NEXT BIG INNOVATION IN BIG LAW: DOZEN DARWIN TALKS FROM LEGAL TECH INNOVATORS (CLE: 1 HOUR FOR CALIFORNIA ATTORNEYS) MAY 24 @ 6:00 PM - 8:30 PM The End of Big Law Firms?

And what did it show: Record fiscal years for the biggest of big law.

As someone who recently left the world of big law firms to open up a smaller boutique firm, this is a useful opportunity to see how my new (lower) rates stack up against the rest of the province and country.

However, one of the most common complaints of Big Law associates is chasing the billable hours tail while working themselves crazy.

Corporate counsel are also changing how they value the services of Big Law, with 85 % citing cost savings.

Well, maybe the fat lady has not sung the fate of Big Law yet, but she is warming up.

Put on by Dan Linna and his team at LegalRnD, the Workshop included representatives of big law, in house legal departments, academics, bar association leaders, business representatives and last but certainly not least, law students.

I will, however, because this is the dirty little secret of big law firms.

But, as The New York Times reports, the anonymous blogger is, in fact, Jeremy Blachman, a 25 - year - old third - year Harvard law student «whose firsthand experience of Big Law comes down to a round of recruiting interviews last fall... and three months as a summer associate at a large Manhattan firm.»

The winners will be the current partners of the big law firms who stand to make a killing, but everybody else will be the losers.

LexBlog has been publishing this report since 2007, and is beginning to have a good set of data on the growth in the number of big law firms that are blogging.

Despite the massive recent lay - offs in Big Law and the deterioration of the Big Law model, AS writes, law schools are likely to be «the last to implement any serious reforms attempting to bring their operational practices into line with the New Normal.»