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Why Midsize Firms Are Well-Positioned to Weather an Economic Downturn
With Big Law's planned rate hikes this year, midsize firm leader Ron Shechtman says firms in his cohort are in a position to reap the business of clients who get priced out of Big Law firms. "What especially impresses these prospects is the lack of leverage in the midsize model. Big Law pricing relies on leveraging associate hours vs. partner hours, but our firm and our peers have staffing ratios that lead to almost 1:1 partner vs. non-partner time," Shechtman writes.
Creating Value Out of Thin Air: Air Rights Decoded
The Zoning Resolution regulates the amount of floor area (a.k.a., "development rights") that can be developed on such individual zoning lot by multiplying the lot area of the zoning lot, times the maximum permitted floor area ratio (FAR) for the zoning district underlying the zoning lot.
The CFPB Seeks Power Through Proposed Registry
The CFPB closed out 2022 with a deceptively innocuous-sounding proposal to require nonbank financial companies to report certain public orders and judgments relating to consumer protection violations. However, it is clear that this proposal is a powerful one-way ratchet the CFPB can use to expand regulatory control over fintechs and other nonbank financial companies.
Proactive Strategies for Distressed Hotels
With inflationary factors, sharply rising interest rates and persistent staffing shortages leading to significantly increased operating costs, there is widespread concern that rising costs will outpace revenue gains in 2023.
Lawyer Sentenced to 15 Months Behind Bars for Throwing Molotov Cocktail
Urooj Rahman tossed a lit gasoline-filled bottle through a police vehicle's window, which had been previously broken.
Law Journal Press | Digital Book
Texas Legal Malpractice & Lawyer Discipline 2024
Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner
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'Did a Terrible Thing One Night': Ex-Lawyer Sentenced to 15 Months in Prison
Urooj Rahman tossed a lit gasoline-filled bottle through a police vehicle's window, which had been previously broken.
Young Lawyers Convicted in 'Molotov Cocktail' Case Tied to George Floyd Protests Are Disbarred
In twin, terse opinions issued by the Appellate Division, First Department court, Colinford Mattis and Urooj Rahman were disbarred based on pleading guilty in June to federal charges, including conspiracy to commit third-degree arson, that were "essentially similar" to one or more New York state felonies.
The Practitioner's Guide to the Powers of the Zoning Resolution
The Zoning Resolution, with its accompanying 126 Zoning Maps, is a voluminous yet concise organic document, amended continually since its adoption on Dec. 15, 1961, and it has intrigued me ever since I first laid eyes on it.
Deal Watch: Cravath, Davis Polk, S&C and Simpson Among Firms Making Hay in Banner Week
Law firms advised on 10 deals over $1 billion, four of which were over $10 billion, in one of the biggest deal value weeks of 2022.
Law Firms May Soon See Ripple Effect of New York's Pay Transparency Law
The law may have a big effect on staff competition at large law firms as well as associates at midsize and smaller firms.Trending Stories
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