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Big Law Firms Offering 'Mixed Bag' of Rate, Comp Structures in Emerging Markets, Including Miami
"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."
Announcing the 2024 Legalweek Leaders in Tech Law Awards Finalists and Lifetime Achievement Winners
The final winners in all categories will be announced during an in-person awards ceremony on January 29, 2024, during the Legalweek conference in New York.
Big Law Firms Offering 'Mixed Bag' of Rate, Compensation Structures in Emerging Markets
"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."
Are Law Firms Ready For The Corporate Transparency Act?
With only a few months remaining before the beginning of a new year and the introduction of new compliance obligations under the CTA, many law firms are scrambling to determine how they will assist clients who may be subject to these additional regulations.
How Will AI Disrupt Legal Billing? Early Innovations Offer Some Clues
AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
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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By-the-Hour Billing Torments Legal Departments. So Why Aren't More Demanding Alternatives?
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
Lawyers' Main Barriers With Tech Adoption: Organizational Challenges, Lack of Skills, and Fear
While most lawyers respondents in the Future Ready Lawyer 2023 survey, conducted by Wolters Kluwer, said that they wanted to explore new technologies, some worried that organizational barriers and a lack of skills could inhibit such endeavors.
Section 1983 Fabricated Evidence Claims—Focus on 'Barnes v. City of New York'
Police fabrication of evidence gives rise to a steady stream of §1983 fabrication of evidence claims, which frequently raise important, difficult legal issues. The recent decision in 'Barnes v. City of New York' illustrates some of the complications that can arise.
For Law Firms, Will Generative AI Really Be a Major Competitive Differentiator?
Law firms will likely all be relying on a small pool of similar generative AI tools. But that doesn't mean there will be a leveled playing field.
Big Law's Approach to Billing Rate Hikes in 2024
"There's a lot of people trying to play a little bit of catch-up, and they'll run out of opportunity runway if there's a recession," said Mark Medice, a principal at LawVision and law firm consultant.TRENDING STORIES
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Resources
Corporate Transparency Act Resource Kit
Brought to you by Wolters Kluwer
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Revenue, Profit, Cash: Managing Law Firms for Success
Brought to you by Juris Ledger
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
Brought to you by Filevine
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