Billable Blues, Taxing Situation, Getting Ahead: The Morning Minute
Here's the news you need to start your day.
May 20, 2019 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
|THE GRIND - Count lawyers' mental health as yet another reason to ditch the billable hour. As part of Law.com's ongoing Minds Over Matters project, we reporton scrapping the traditional metric that law firms use to measure performance and award compensation as a way to improve attorneys' health and lives.“Some of the younger lawyers want to have a different career path other than grind, grind, grind,” says Roger Furey, chair of Katten Muchin Rosenman.
LONG HAUL - The trade conflict between the United States and China has lasted more than a year, and lawyers are bone weary of the ordeal. Anna Zhang reportsthat the utter lack of predictability might have increased the demand for legal advice, but the prospect of the world's largest economies locked in a perpetual full-blown economic confrontation makes it only a short-term high.
UNDER PRESSURE- Chaos. That's the environment that Stephen Boyd, head of the DOJ's office of legislative affairs, is working in these days, say Beltway insiders. C. Ryan Barber reports that Boyd, 40, has found himself mired in his own standoff with Congress. As the DOJ's chief ambassador to Congress, he's at the center of negotiations over House Democrats' demands for documents and testimony from William Barr, the attorney general, about the special counsel's Russia investigation.
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EDITOR'S PICKS
|Larger GDPR Fines Are on the Way, Privacy Experts Say
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WHILE YOU WERE SLEEPING
|MORE IN MILAN - Greenberg Traurig has opened an office in Milan, Dylan Jackson reports. The launch, created by combining with long-time legal partner Santa Maria Studio Legale, a 50-year-old boutique firm, is Greenberg Traurig fifth office in Europe and its 40th outpost worldwide. It'll be staffed with about 40 lawyers.
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WHAT YOU SAID
“There are still some resistors in my firm, I can't deny that. But as you have successes, you start to turn flip the resistors.”
— KEVIN BIELAWSKI, DIRECTOR OF LEGAL PROJECT MANAGEMENT AND STRATEGIC PRICING AT HUSCH BLACKWELL, ON INVESTING RESOURCESINTO LEGAL OPERATIONS, WHICH INCLUDE PRICING EXECUTIVES AND BUSINESS DEVELOPMENT PROFESSIONALS.
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