The Evolving Role of Big Law Leadership: The Morning Minute
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July 25, 2023 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
CHANGED MANAGEMENT - A faster pace. More laterals coming and going. More mobile clients. Global political and domestic social happenings that require public positions. Hybrid work. Remote work. Artificial intelligence. Firm chairs and managing partners are facing new demands from challenges and events in the last few years. And, as Law.com's Patrick Smith reports, it's taking a toll. "We will see far fewer major law firm leaders have extended terms. The burnout risk is too great and the pressures too significant," noted Brad Karp, chairman of Paul, Weiss, Rifkind, Wharton & Garrison.
EAST, WEST, HOME IS BEST? - They were the first ones to stop wearing ties and apparently they'll be the last to mandate attendance. While Wall Street firms are marching back to the office, requiring four-day attendance come September, a handful of large West Coast firms aren't following suit, Law.com's Jessie Yount reports. What it comes down to for these firms is the ability to recruit and retain talent by offering workplace flexibility that aligns with their people and culture and accounts for circumstances outside of attorneys' control, according to firm leaders at DLA Piper, Wilson Sonsini Goodrich & Rosati and several smaller California firms. "I don't believe in negative incentives," said Sanford Michelman, chairman and co-founder of California midsize firm Michelman & Robinson. "We're not taking attendance. We're not treating people like they're in high school, saying you owe us a day for missing a day. That's like a detention. Culturally, it'll get worse if you treat people like widgets."
ON THE RADAR - FourSquare Labs, a location-sharing app, was slapped with a digital privacy class action Monday in Massachusetts District Court. The complaint, brought by Bursor & Fisher, accuses Foursquare of gathering and selling time-stamped geolocation data from consumers' cell phones. Counsel have not yet appeared for the defendant. The case is 3:23-cv-30078, Proskin v. Foursquare Labs, Inc. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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