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Enhancing Lateral Partner Opportunities and Compensation Image

Enhancing Lateral Partner Opportunities and Compensation

Randi Lewis

You are a partner in a law firm and you have decided to make a lateral move. You want it to be the right move to a better platform. Where do you start and how do you maximize the likelihood of a successful outcome? The more you are prepared to answer and ask questions, the greater the likelihood this next move will be an optimal one for you and the firm you are joining.

Features

How Analytics Is Shaping the Current and Future Practice of Law Image

How Analytics Is Shaping the Current and Future Practice of Law

Jeff Pfeifer

Anyone following the news headlines of late is aware that artificial intelligence (AI) is being heralded as the technology that will transform industries far and wide — including the legal profession. The evolution of technology in the practice of law today has already led to significant advances in data analytics and data visualization, each of which are having a significant impact on legal work.

Features

Alternative Legal Services Providers: Changing Buyer Perceptions Image

Alternative Legal Services Providers: Changing Buyer Perceptions

David Curle

A common perception of today's legal services industry is that buyers of legal services have many more choices because legal services are disaggregating and unbundling. No longer are law firms the only option for clients with legal work; they now have a wider menu of providers from which to choose.

Features

Second Circuit Upholds Ban on Private Investment in Law Firms Image

Second Circuit Upholds Ban on Private Investment in Law Firms

Andrew Denney & Ben Hancock

A federal appeals court in March rejected an attempt to loosen restrictions on private investment in the legal industry. The decision, which affirms a 2015 district court ruling, is a blow to Los Angeles-based personal injury firm Jacoby & Meyers, which has fought a nearly six-year legal battle against the prohibition on non-lawyers investing in law firms and sharing in legal fees.

Features

SEC Takes Aim at Political Contributions By Investment Advisers Image

SEC Takes Aim at Political Contributions By Investment Advisers

Joseph F. Savage, Jr. & Stephanie M. Aronzon

While it remains unclear both when the regulators will invoke their authority to enforce the nearly limitless strict liability provision of the "pay-to-play" rules and how they will determine the appropriate remedy, the recent settlements and the SEC's handling of exemptive relief petitions may provide some clues.

Features

Enhancing Lateral Partner Opportunities and Compensation Image

Enhancing Lateral Partner Opportunities and Compensation

Randi Lewis

You are a partner in a law firm and you have decided to make a lateral move. You want it to be the right move to a better platform. Where do you start and how do you maximize the likelihood of a successful outcome?

Features

Changing Compensation Strategies Put Partners under Pressure Image

Changing Compensation Strategies Put Partners under Pressure

Nell Gluckman

The legal profession has never been more cutthroat. As the race for revenue intensifies, firms are putting more pressure on their partners to perform in a number of criteria. If they don't, it will be reflected in their compensation, title and possibly their place in the firm.

Features

Proposed Regulations for Partnership Interests Permits Estate, Income and Charitable Planning Opportunity Image

Proposed Regulations for Partnership Interests Permits Estate, Income and Charitable Planning Opportunity

Lawrence L. Bell

The new Administration has areas of taxation estate planning and philanthropy on the front burner. No one is sure what will be happening with the minority discounts regulations of § 2504 in turmoil and proposed guidance of the modification of charities partnership interest and unrelated business taxable income (UBTI). By integrating a number of tried and tested tools, we may create a platform for substantial savings.

Features

Second Circuit Upholds Ban on Private Investment In Law Firms Image

Second Circuit Upholds Ban on Private Investment In Law Firms

Andrew Denney & Ben Hancock

A federal appeals court rejected an attempt to loosen restrictions on private investment in the legal industry, dismissing arguments that ethics rules on so-called "fee splitting" impinge on lawyers' First Amendment rights.

Features

Financing and Leasing Technology Is a Strategic Advantage Image

Financing and Leasing Technology Is a Strategic Advantage

Scott McFetters

Advances in technology and software are being made at an increasingly rapid pace. As a result, IT hardware obsolescence cycles are shrinking too. This period of exponential improvement with which we are all now familiar has shown time and again that there will continue to be breakthroughs in technology that deliver better, less expensive, and/or more robust products. How are you equipping your firm to succeed both in the present day and into the future?

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