Pepe & Hazard has had the courage to decide to freeze its rates for existing clients for 2009 and to go public with that information.
Managing Partner Al Turco
Managing Partner, Al Turco, said [Pepe & Hazard] is in the process of formulating a 2009 budget to manage its own revenues and
Negotiating is a question of power. The Chicago tribune reported today that:
Layoffs at Chicago law firms have sent a shudder through the commercial real estate market.
The article, Cutbacks at firms worry landlords, quotes Bill Rogers, managing director of commercial real estate firm Jones Lang LaSalle:
"I do
"[Law] Firms in financial ‘intensive care’ told to merge, divest or restructure as cash dwindles from accounts"
This is
The image above is the core of the post of internet phenom, Rajesh Setty, in his post today at Life Beyond Code: Optimists and Pessimists – The big difference is..
Couple that with the wisdom of lawyer and legal profession provocateur, Patrick Lamb, in his post today: Silver Lining in Black Economic Cloud? in which
Managing Partners, you may have a disaster plan for fire, perhaps for terrorism – do you have one for the economic train coming off the tracks?
Listen (and watch) what Greenspan said yesterday Sept 14th (50 seconds)
Punchline: You are getting fair warning – are you acting on it? This is not a time
Britain is facing “arguably the worst” economic downturn in 60 years which will be “more profound and long-lasting” than people had expected, Alistair Darling, the chancellor, tells the Guardian today in a story called: Economy at 60-year low, says Darling. And it will get worse
Wall Street returns from vacation season to enter what is
RainToday.com created a special report from 12 experts in pricing professional services, including, I am honoured to say, yours truly. You can download my article:
"Think of Services in Terms of Value – Not Rates" by Gerry Riskin (author: The Successful Lawyer)
or download the entire 39 page report including all 12 articles by visiting RainToday.com
Law Professor William D. Henderson (click on photo for bio)
Managing Partners and law firm H.R. Executives should contemplate the meaning of Indiana University School of Law’s Prof. Bill Henderson’s post: "How the ‘Cravath System’ Created the Bi-Modal Distribution."
Professor Henderson builds on the work of NALP (The National Association for Law
As Nicole Nehama Auerbach joins Valorem, she says:
“I saw Valorem as a once-in-a-lifetime opportunity to really make a difference in the way litigation is handled… I was captivated by the firm’s commitment to provide real value to business clients, and, in particular, its emphasis on alternative fees. Alternative fees are more important than ever
