How to start your own law firm.
Not every practice can be a core player. But careful leadership can save noncore practices from stepchild status.
The Lateral Report covers partner moves in and out of The Am Law 200 between October 1, 2008, and September 30, 2009.
Amid all the legal industry chaos, there was one upside: Firms were able to make "opportunistic" hires. Am Law 200 lateral partner moves jumped 11 percent.
Even in a cold economy, firms can succeed—by looking outside the legal profession for inspiration.
Two veteran lawyers say that clients and firms should consider fixed fees.
"Doing more with less" has long been a theme, goal, and--at times--mandate for law firm librarians, but now it's "do much more with far less."
In a study tracking the careers of lawyers and job satisfaction, researchers have found that associates working in large firms are the least satisfied. Why are they so unhappy? The answer may lie not in the nature of their jobs, but in the associates themselves.
Road rules for ensuring that the cure for the billable hour isn't worse than the ailment itself.