Alternative Legal Services Providers: Changing Buyer Perceptions
June 02, 2017
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.
The Arrival of Justice Gorsuch May Bring Opportunity to Reform the Collective Entity Doctrine
June 02, 2017
Recognizing a Fifth Amendment privilege for corporations — whether through wholesale abolition of the collective entity doctrine or by recognizing some limited exception for custodians of smaller corporations — would not foreclose meaningful white-collar prosecutions, but it would restore protection of the Fifth Amendment rights of individuals who are sacrificed under the current bright-line rule. Will Justice Gorsuch help in this endeavor?
'I Can't Get No Satisfaction' — Or Can I?
June 02, 2017
<b><I>How Lawyers Can Maximize Job Satisfaction</I></b><p>Multiple studies suggest that lawyers are among the least satisfied of all professionals. What many lawyers fail to realize, however, is that satisfaction is not as elusive as it seems. If you are among the majority of attorneys who fall somewhere below 85% on the satisfaction scale, you can do something about it.
Enhancing Lateral Partner Opportunities and Compensation
June 02, 2017
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.
The Role of Mindfulness in Effective and Ethical Lawyering
June 02, 2017
<b><I>Beyond Knowledge and Good Intentions</I></b><p>A 2015 Harvard Business Review article, "Mindfulness Actually Changes the Brain," concludes that "Mindfulness should no longer be considered a "nice-to-have" for executives. It's a "must-have": a way to keep our brains healthy, to support self-regulation and effective decision-making capabilities, and to protect ourselves from toxic stress."
Changing Compensation Strategies Put Partners Under Pressure
June 02, 2017
<b><I>Firms Are More Willing Than Ever to Frequently Adjust Pay to Hold on to Their High Performers</I></b><p>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.
Alternative Legal Services Providers: Changing Buyer Perceptions
June 02, 2017
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.
Second Circuit Upholds Ban on Private Investment in Law Firms
June 02, 2017
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.
