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April 23, 2024 | The Legal Intelligencer

Multistate Licensure Compact for Social Work

The compact will establish a single license allowing social workers with a college degree or clinical license to serve patients across state lines (within each compact state), including through telehealth platforms. This single license requirement is anticipated to promote greater flexibility and access for both social workers and the patients they serve.
4 minute read
April 23, 2024 | New Jersey Law Journal

Is Rent Control Still Relevant?

"Originally designed to protect tenants from skyrocketing rents and ensure housing stability, rent control policies have disincentivized property owners from updating and renovating older buildings, as well as distorting housing markets," writes Brian Peykar of Brach Eichler.
8 minute read
April 23, 2024 | The American Lawyer

Largest Firms Continue Growing Market Share, as Hourly Rates Break Records

Risk-averse corporate legal departments view the potential hazards of switching from a trusted outside counsel as too great, according to Kris Satkunas, director of strategic consulting at CounselLink.
8 minute read
April 22, 2024 | Daily Report Online

As Equity Tiers Shrink, Big Law Grows Leverage

While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read
April 22, 2024 | The American Lawyer

A Safe Bet? Lateral Hiring and Gambling on a Firm's Future

Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
8 minute read
April 22, 2024 | Legaltech News

How Long Before People Trust AI More Than They Trust You?

Our world increasingly disregards unquantifiable expertise. Opinions, once valued, now require digital validation, paving the way for AI's unquestioned output.
7 minute read
April 22, 2024 | Daily Business Review

Mergers and Acquisitions in 2024: A Cautious Recovery With Strategic Shifts

While the year began with the echoes of previous anxieties—global economic uncertainty, inflation concerns, high-interest rates that increase the cost of capital, and lingering pandemic effects—signs of a thaw are emerging. This momentum is fueled by a confluence of factors, with private equity continuing to play a prominent role and strategic acquisitions taking center stage.
4 minute read
April 22, 2024 | Law.com

Law.com Reader's Poll: Are Generational Divides Affecting Law Firms?

Law.com wants to hear from you about how these divides are affecting law firm operations, employee communication, expectations, and law firm culture.
1 minute read
April 19, 2024 | The American Lawyer

Law Firms Seek Out 'Money-Generating' Partner Moves Amid Big Law's Arms Race

Even though partner moves were down year-over-year, Decipher noted that law firms last year figured out one of the fastest ways to grow: buying partners with books of business.
6 minute read
April 19, 2024 | Daily Business Review

$1M in Attorney Fees? 72-Page Ruling Earmark Case Against Ex-Lawyer

"My client's attorney fees are going to exceed easily $1 million, and the court costs are about $100,000, and the prejudgment interest is also sizable," said attorney Jorge Fors.
6 minute read

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