Many of my friends and clients know me as a very optimistic person so this post may surprise them. I feel like I am about to watch the next dot com crash only I am not talking about the internet or high tech.
I have held this belief for many months and I believe that
According to London firms dominate global legal market (TimesOnLine):
"City law firms are reaping record profits that confirm London’s dominance of the global legal market, according to research published today."
HOWEVER, the article goes on to say:
"But it is not all doom and gloom on Wall Street. The revenue per lawyer (RPL) figures of
ABA’s Law Practice is now online
I was please to have participated in the case study: "Deal or No Deal? Advice for Evaluating the Partnership Offer."
Thank you to Stephanie West Allen of Idealawg for posting: New edition of LAW PRACTICE looks at making partner
Harsh? If killing the golden goose is stupid, then this is not harsh at all.
Find out why 58% of (surveyed) General Counsel expressed outrage. Find out why 84% of (surveyed) General Counsel wanted the law firms they use to contact them about associate salaries but none did.
Brilliant law firm leaders who can not
The Wall Street Journal posts: Slater & Gordon: The World’s First Publicly Traded Law Firm
Managing Partners and other members of law firm C suites had better look at Slater & Gordon’s prospectus – it’s a gold mine, (pun intended).
Have a look at how risks are described – the Wall Street Journal post quotes
(Click on image to see original enlarged version)
I was fascinated by this piece at the Consumerist: How To Beat The Stock Market: Buy Companies With High Customer Satisfaction Scores
If the same phenomenon occurs in the legal profession, there would be a tremendous return on investment from enhancing client satisfaction.
The story is that
"Buyouts alone accounted for 277 transactions worth $121billion in Asia last year" according to The Financial Express China is most popular destination for new law firms
"The economic boom coaxed US firms such as Orrick, Milbank Tweed Hadley & McCloy LLP, Cleary Gottlieb Steen & Hamilton LLP, Morgan & Finnegan LLP, and Thelen Reid &
According to The Lawyer.com today in Australian law firms to make IPO history:
"Three small West Australian firms are set to make legal history with a proposed IPO and listing on the Australian Stock Exchange (ASX)."
"Australian law allows non-lawyers to control ownership of firms based in New South Wales, Victoria and Western Australia."
“…a bridge to full partnership…”
My friend and Edge International colleague, Ed Wesemann, shares survey results via an article in today’s Law.Com Large Law Firm Section, called Most Tier Partners Still ‘On Path’ to Equity Status, Survey Finds He surveyed 58 managing partners of firms of more than 100 lawyers and found, at the median,
Freelance writer Sarah Doherty follows yesterday’s article “Flexible work schedules save money, research shows” about which I posted: (You Can’t Afford to Keep Losing Your Women Lawyers)with another offering: Room at the top – Big law firms are making an effort to promote women into more visible and prominent positions Here’s how the
