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Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount
Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
AI, the Billable Hour and Improving Client Service
The ultimate guardian of the quality of client service is the partners' own judgement but properly utilizing AI can set expectations that will benefit the clients and the firm and end forever the "End of the Billable Hour" stories.
People in the News—March 8, 2024—Post & Schell, Faye Riva
Post & Schell recently announced that principals Steven J. Schildt and Anthony L. Miscioscia have been appointed as co-chairs of the firm's insurance law department.
How I Made Partner: 'Asking Questions Is Not a Weakness,' Says Gang Chen of Crowell & Moring
"Asking questions is not a weakness and people are usually willing to help if approached properly, even if they are busy," says Gang Chen, partner at Crowell & Moring.
Generative AI Promises to Revolutionize Legal Research
Even at this very early stage, the new AI-assisted legal research products represent a major advancement for the profession. Practicing lawyers should familiarize themselves with these products and expect clients to increasingly demand faster and more efficient legal research.
Law Journal Press | Digital Book
Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition
Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner
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Settlement Strategy: Line-by-Line Holt Demand Leads to $1.25M Resolution
The plaintiff is 82 years old.
The Lesson 2,886 Newspapers Can Teach Law Firms About Their Marketing Efforts
Law firms' marketing efforts must avoid falling into this same trap that caused the demise of almost 3,000 U.S. newspapers.
European Online Notarization Startup Legitify Raises €1.5M in Seed Funding
Founded in Stockholm and based in Dublin, Legitify is looking to capitalize on the demand for remote notarization services as more jurisdictions across the EU and U.S. allow for the online, digital process.
Fintech Star Square to Fill GC Opening, Tapping Into Flush Hiring Market
"You need to be a real player to have credibility in this space," legal recruiter Sean Burke said. "Law firm partners who just add 'blockchain' to the bottom of their website bio [will be] discounted."Trending Stories
- 1'Old School' Expectations Plague Young Lawyer Mental Health—But Not All Predecessors Are Sympathetic
- 2Insights on M&A Trends: Midyear 2024 Expert Roundtable
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- 4Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'
- 5'Astonishing': Kaplan Sentences FTX Executive to 7.5 Years for Role in Campaign Finance Fraud
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