This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It may be February, but at least one Biglaw firm is already thinking of the brighter days yet to come by announcing special bonuses — and the most surprising thing about this is that Milbank isn’t the firm that’s leading the pack on this round of bonuses. So, whats going on at at your firm?
The report produced by the Ministry of Commerce noted that the FSR was unequally enforced against Chinese companies creating administrative burdens and increasingly compliance costs for Chinese companies compared to EU firms. According to feedback provided by Chinese firms, the FSR caused losses worth at least 15bn yuan ($2bn).
He emphasized that he did not charge the Afghans, even actively discouraging them from contacting his firm. After the verdict, Young spoke to BBC News , saying the lawsuit was about “holding CNN accountable.” ” He said his firm rescued 23 people in the aftermath of the US withdrawal from Afghanistan.
. “Purchase, install, ignore” remains a disturbingly common pattern for law firms. So as firms chase the generative AI dragon, they’d do well to get their fundamental tech issues sorted first. “ Ground your legal AI strategy firmly in the basics ” declares a new report from iManage.
They raised serious concerns about McKinsey’s ties to the Chinese government and state-owned enterprises and questioned whether the firm should continue to be eligible for Department of Defense contracts. The post US lawmakers demand federal probe into ties between China and consulting firm McKinsey appeared first on JURIST - News.
News & World Report has rolled out additional rankings on top of their influential law school rankings. Given that a legal education can land the average law school graduate in up to six figures of debt, it makes sense that would-be lawyers are eager to snag Biglaw jobs, where salaries at leading firms begin at $225,000.
[ American Lawyer ] * Associates getting squeezed by newfirm hiring model. [ Reuters ] * Rare three-way law firm merger. Philadelphia Business Journal ] * Law firm mergers are still all the rage, but don't overlook the law firm alliance model. Yahoo ] * New York joining NextGen bar exam train in 2028.
Generally speaking, lawyers are really good at talking to other lawyers its why most law firms are built on referral-based marketing but, when it comes to consumers: its a whole other story, that sometimes does not have a happy ending. Want to get more out of AI in your law practice ?
Yale Daily News ] * Law firms ask judge to dismiss "incoherent" lawsuit. [ Bloomberg Law News ] * The firms poised to benefit from hitching their brand to the convicted felon rapist guy. [ Guardian ] * If you're the worst student at your law school, but belong to FedSoc and want a federal judgeship, STAY IN LINE.
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a law firm website — or how long they can put it off. Maybe you have started by claiming a free Google business profile for your law firm and using social media to connect with potential clients. Boost Your Credibility 2.
But the Q1 2025 Law Firm Financi a l Index suggests the good times may not last, with the market delivering some of the same warning signs that preceded the last time the bottom fell out of the industry. The average law firm raised its worked rates by 7.3 This may mean that the long-term outlook for law firms is far more concerning.
It seems as though the firm’s recent filing included some legal research and the judge noted, “the court has conducted independent searches for each allegedly fabricated citation, to no avail.” Follow him on Twitter or Bluesky if you’re interested in law, politics, and a healthy dose of college sports news.
AP News ] * Filing says Rudy has to forfeit Yankees championship rings. Bloomberg Law News ] * But Republican AGs -- having solved all the problems in their states -- are looking to sue the American Bar Association for having a diversity rule. Law360 ] * Shuttering Biglaw outposts spark reshuffling as lawyers head to remaining firms.
While law firms struggle to keep a lid on AI security threats and otherwise control lawyers using AI out of turn , Linklaters has a forward-thinking solution that more firms should embrace. When firms downplay or outright shun AI, unruly lawyers are going to start experimenting with AI tools on their own.
And that’s not exactly an exciting prospect for firm tech professionals. Hill Dickinson , a UK-based firm with offices in Asia and the Mediterranean, had to send out an email blast telling lawyers to knock off all the AI stuff after realizing just how often the firm used generative AI tools in their work.
In March 2024, the commission mandated Telegram and other tech firms, including Meta and Google, to disclose measures undertaken by the firms to prevent the spread of harmful materials. The post Australia fines Telegram A$1M for delayed responses to online safety inquiry appeared first on JURIST - News.
Nobody Wants To Work At A Firm With No Bite : Student group tells Skadden to not even bother with recruitment efforts. The Big Punches Aren’t Coming From Biglaw : Boutique firms are doing the most damage against the administration. Human Lawyers, Please And Thanks : Appellant’s AI avatar didn’t entertain the judges.
These might be from other law firms, law publishers, professional associations like the state bar, or complementary professionals such as accountants. Use a Google Alert to catch news about a specific issue no matter where that information has appeared. Tell people about news and conflicting views on pertinent issues.
* "Several Big Law firms treat nonequity lawyers as full partners for tax purposes" without giving them the share of profits the actual partners in the firm receive. Bloomberg Law News ] * Texas loses bid to bar DOJ from sending monitors to ensure the state abides by voting laws. and without the help of generative AI.
Just how many more New Years Eve am I willing to work? If the firm has asked you to RTO (return to the office), do I want to? Whether you keep your current title or embrace something new, the journey ahead can be just as fulfilling as the one behind you. If I move to another position, will I encounter the same stress?
* Partners and associates alike plotting exits from surrendering firms. AP ] * UK authorizes first fully AI law firm. Bloomberg Law News ] * Susman Godfrey order going about as well for the government as all the other law firm orders. American Lawyer ] * Jeanine Pirro replacing Ed Martin as interim DC US Attorney.
The good news is that: there are ways to combat both of these tactics. So, you need to be putting some effort into research ing (for example) what a digital marketing agency or a managed service provider for IT can and should be doing for a law firm. It is possible, to be a discerning consumer, as a law firm purchaser.
For those who are new listeners and dont know what that means Lets say that youre a litigation paralegal working in a law firm that barely ever goes to trial. As a litigation paralegal, if you say well we dont do eDiscovery at this firm. Whats that costing the client compared to a firm who uses the latest eDiscovery tools?
Esprit de corps is the heart of a healthy law firm — it represents the passion, support and motivation that are vital for building your firm’s culture and increasing long-term profitability. Large or small, almost every law firm wants to improve its esprit de corps. The firm is right for me. Maintain open communication.
For junior attorneys at law firms with high billing rates and sophisticated corporate clients, the challenge is that most are not in a position to be pitching their services. Brian took it upon himself to read all the major newspapers and clip out (yes, pre-internet days) every news story he could find that mentioned the partner’s clients.
Try as it might, Lewis Brisbois Bisgaard & Smith can’t seem to keep its name out of headlines that cast the firm in a negative light. In recent years, the firm suffered a defection en masse, when more than 100 attorneys left to join a (now defunct) boutique firm. “What a disaster,” said one of our sources.
Law firms Scott + Scott and Darrois Villey Maillot Brochier on Wednesday sued Facebook’s parent company, Meta, on behalf of France’s leading publishers over the tech giant’s allegedly unlawful business practices. The post France broadcasters sue Meta over alleged unlawful practices appeared first on JURIST - News.
Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AIs fast paced impact on the banking and finance sectors. This semi-monthly column by Sabrina I. s Existential Risk?;
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model.
Biglaw firms have pulled back in on-campus interviewing and early interview programs for summer associates in a major way. In fact, according to the National Association for Law Placement (NALP), this was the first time in decades that law firms have made the majority of their offers outside of traditional placement plans.
The arguments on Monday were at times contentious, especially between counsels for the Minnesota school district and the US Supreme Court Justices, who clashed over the respondents’ defense shifting its argument and accusing the petitioner’s counsel of lying, which prompted a firm rebuke by Justice Neil Gorsuch. ” Lisa S.
Since implementing a successful social media strategy can take some trial and error, here are some basic social media tips for law firms. First, Why Is Social Media Important for Law Firms? Social media can help law firms with the following: Engaging Your Target Audience. Most law firms with a social media strategy use Twitter.
Montana Free Press ] * Law firm leadership FOMO. Reuters ] * Elite firms cooling on California hiring. Bloomberg Law News ] * Commission accuses judge of abusing contempt power to bully courtroom. American Lawyer ] * Michael Avenatti may be out of prison sooner than expected. Seems like a lot of that going around these days. [
In news that will shock absolutely no one, Milbank absolutely killed it in 2024, hitting record financial results across the board. As noted by the American Lawyer , the firm posted some pretty unbelievable gains in gross revenue, profits per equity partner, and revenue per lawyer. million, and 36.5% million, and 36.5%
Law firms love matching policies with their peers and a mounting push against hybrid work could offer firms the safety in numbers they need to retreat from popular hybrid models. However, these preferences shift noticeably depending on firm size. Security and privacy lead the way.
Law firms are juicy targets. And while hacking into the Department of Defense is as easy as sliding into Pete Hegseth’s DMs, bad actors aren’t stopping there and law firms are prime targets. Off the cuff she said an incident response firm would probably charge over $650,000 to embark on a project like this guy wanted.
Bassford Remele, a Minnesota-based law firm, announced that it had experienced a data breach starting last summer. Also recently in the news, Scott County, Iowa, confirmed that an employees email was accessed, exposing medical records, Social Security numbers, and other patient data for over 4,300 victims.
It’s a nice signal to associates that the firm cares about public service work or work-life balance respectively. But on Tuesday evening, associates received an update from firm leadership laying out the requirements for next year’s bonus and pro bono hours now have an upper bound. That DEI language is still in there, huh?
The annual deep dive into client spending reveals that law firms with 750+ lawyers account for 49.3 They’ve been telling the firms — and anyone else who will listen — this for a long time. And how have the firms responded? And the big firms know it. percent of all legal spend. The yacht budget is safe.
Bishop also heads the global business consultancy firm, Julie Bishop and Partners. The post UN called to investigate possible affiliation of Special Envoy to Myanmar with China companies appeared first on JURIST - News.
As with most things tech-related, a typical law firm has historically trailed a typical corporation in tracking important business metrics and utilizing them in decision-making. Thats because advances in legal technology are eliminating challenges that have traditionally bedeviled law firms looking to make decisions with their data.
The CJEU judges upheld the decision, stating that abuse of a “dominant position” occurs when dominant companies work to undermine the compatibility between their own apps and other firm’s apps. The post Top EU court affirms Italy antitrust decision on Google Android case appeared first on JURIST - News.
Here is what you need to know about law firm profits. Let’s start with the first question: Why do you owe taxes when there wasn’t much cash left in the firm’s business account at the end of the year? How Should You Divide Your Law Firm Profits? Paying Out Law Firm Profits. Tis the Season for Tax Payments.
We organize all of the trending information in your field so you don't have to. Join 99,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content