Even before it was vogue, 18 years ago GLI plugged and played its first remote employee – The Office Manager, no less. Nancy Grimes, the President and Managing Partner of GLI is all about flexibility and finding new ways to do things which provide workable solutions to all sorts of situations. She had her hands […]
Let’s be honest – many firms aren’t exactly silver-tongued at articulating what sets them apart from their competitors. They don’t always adequately impart the distinguishing characteristics that would “seal the deal” for lateral partner candidates. I think the primary reason for this is the firms want their plug to be optimistic and appetizing, and the […]
We all know today’s legal market continues to evolve and it certainly presents unique challenges. With the uncertainly still looming over the financial markets, many law firms continue to streamline their ranks and trim compensation for partners whose business has fallen off. It is not uncommon to push partners into early retirement or into counsel […]
The National Law Journal reports that as of mid-January there was a 20 percent decline in applicants for seats in American Bar Association-accredited law schools, and the AM Law Daily speaks of the recent British law firm lay-offs and poses the question: Will U.S. firms be next? From massive firm lay-offs and talks of […]
Every day we make decisions; we choose a path…a course of action. Some are simple and take little thought, such as “What should I wear? What should I have for breakfast? Should I take the train or carpool? Should I grab takeout for dinner or make a quick stop at the grocers on the way […]
By Andrew Lu on June 21, 2012 5:02 AM Solo practitioners in Oregon have it worst, while 11-20 person firms in New York had it among the best in terms of getting paid for legal hours worked. This according to a new survey on attorney billing efficiency. The survey looked only at small to medium […]
The economy may be slowing, but billing rates continued to rise, according to information provided by 127 law firms that responded to billing questions submitted as part of the NLJ 250, The National Law Journal‘s annual survey of the nation’s largest law firms. Billings climbed by an average of 4.3%, 70.6% of firms […]
Will law firm bonuses follow the leaders this year? Cravath, Swaine and Moore and Sullivan & Cromwell are usually the first two large law firms to announce associate bonuses and set the standard that many large firms follow. Last year Cravath paid a year-end bonuses of $35,000 to $60,000 in addition to special bonuses […]
The NLJ 250 is out. The National Law Journal’s annual survey of the country’s largest law firms shows (no surprise) that hiring slowed significantly in 2008. Seven large firms announced layoffs this year and two major firms on the list, Heller Ehrman and Thelen, dissolved, affecting about 1200 attorneys. DLA Piper stayed at the […]
It’s no longer raining cash on the legal idustry. Dan DiPietro, client head of the Law Firm Group of the Citi Private Bank reaffirms some of the conclusions of the group’s Client Advisory, published jointly with Hildebrandt International this past January, updates others, and gives us a summary of their report for the first half […]
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