By Teresa J. Walker, Law Firm Partnership & Benefits Report | August 22, 2017
The law firm business model of the past is under attack. Slowly, private legal is responding with things like developing knowledge management systems, establishing jobs for data analysts who can establish pricing of services and beginning to look at ways to outline workflows and processes. Unfortunately, corporate clients are impatient and are beginning to push harder for improved efficiency and increased speed of service delivery.
By Roy Strom | August 21, 2017
Joining a crowd of positive reports on law firms' first half financial performance, Wells Fargo Private Bank said Tuesday that the first half of 2017 was a surprising financial success for law firms, largely thanks to the performance of the largest and most profitable among them.
By Katelyn Polantz | August 21, 2017
The trial boutique Wilkinson Walsh + Eskovitz has hired two clerks from the most recent U.S. Supreme Court term, and in the process it appears to have set a new high for incoming associate bonuses.
By Jenna Greene | August 21, 2017
If you had any doubt that 18-month-old Wilkinson Walsh + Eskovitz was here to stay as a litigation player, check out its class of seven new associates.
By Katelyn Polantz | August 18, 2017
Washington Wrap is a weekly roundup of Big Law hires and other Washington, D.C., legal industry news.
By Miriam Rozen | August 17, 2017
Paul Eberle, the newly-elected CEO at Husch Blackwell, only joined the Am Law 100 firm a year ago as a result of its merger with Milwaukee-based Whyte Hirschboeck Dudek.
By Lizzy McLellan | August 17, 2017
Keeping up with their corporate clients, large law firms have set their eyes on charitable efforts beyond the traditional pro bono commitment. And one firm recently put the leader of those efforts in the C-suite.
By Marcie Borgal Shunk | August 17, 2017
Big Law is not dead. Nor will it die. The visions laid out by noted experts in "Tomorrowland"and "End of Lawyers?" shine a light on the types of things a futurist might predict: (cue radio voice) "In a world run by robots and with universal income ..." The threats are real. Yet as Gina Passarella points out in her article, "The Dance Around Change," tangible shifts in the business model of law are slow to come. Resistance is high, as is "dabbling"—a noncommittal attempt to test the waters with little to no real risk (or reward). What can the law firm executives of today do to make the incremental, fundamental changes to prepare their firms for what's to come? And perhaps equally importantly, do they want to?
By By Rhys Dipshan | August 17, 2017
Exterro's 2017 Law Firm Benchmarking Report found that a majority of law firms still use manual processes to manage their legal projects—but is a change on the horizon?
By Miriam Rozen | August 17, 2017
It took less than 15 years after Steven Kobre founded Kobre & Kim for the New York-based firm to break into The Am Law 200.Within another…
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