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Tag: law firms


Business Law & Regulations, Privacy

Protecting Confidentiality: The Urgent Need for Strong Cybersecurity in Law Firms

March 8, 2023

Via: JD Supra

Law firms are one of the most attractive targets for cybercriminals, making strong cybersecurity a critical concern for these organizations. With confidential client information, sensitive legal documents, and valuable financial data at risk, it’s essential for law firms to understand […]


Advertising & Marketing, Business Law & Regulations

Effective Marketing and Business Development Strategies for Small and Mid-sized Law Firms

January 5, 2023

Via: LexBlog

Small and mid-size law firms have a unique place in today’s legal industry ecosystem, including being able to provide a more intimate experience to their clients by bringing specific expertise and a nimbler organizational structure to the table. Small and […]


Tax Code, Regulations and Guidance

What Is Cybersecurity Insurance for Law Firms?

September 14, 2022

Via: National Law Review

As legal technology becomes more commonplace across the industry, legal clients expect their attorneys and law firms to not only have modern resources, but robust measures in place to protect their information. With cyber threats on the rise, it’s crucial […]


Business Law & Regulations, Finance

Law firms are increasingly suing for unpaid legal fees, lawyers say

July 25, 2022

Via: ABA Journal

Law firms are filing more lawsuits seeking unpaid legal fees, despite the risk that they will face counterclaims for malpractice. Law.com has the story, which relies on information from several lawyers who advise other lawyers. “Litigation by law firms to recoup […]


Advertising & Marketing, Business Law & Regulations

How to Be More Inclusive with Your Legal Marketing

October 20, 2021

Via: National Law Review

If your law firm isn’t focusing on inclusivity and diversity in its marketing, you may be missing out on opportunities to grow your business and provide legal help to those who need it. Being inclusive with your law firm marketing […]


Business Law & Regulations, Employment & Labor

What’s the connection between legal recruiting, virtual piano parties and Zoom engagement?

May 21, 2021

Via: ABA Journal

Ari Kaplan recently spoke with Dan Binstock, a legal recruiter and co-owner of Garrison & Sisson, a leading attorney search firm. Binstock is also the creator of the Virtual Piano Party. Ari Kaplan: Tell us about your background and the […]


Business Law & Regulations, Finance

Law firms in Am Law Second Hundred saw gross revenue increase slightly; which virtual firm cracked the list?

May 21, 2021

Via: ABA Journal

The law firms ranked 101 to 200 for gross revenue had a respectable year in 2020, but their numbers are still well below law firms in the top 100, according to results published this week by the American Lawyer. Gross […]


Business Law & Regulations, Employment & Labor

Why do female lawyers leave law firms? ‘Blatantly unfair’ compensation often cited

May 3, 2021

Via: ABA Journal

Compensation systems that are “blatantly unfair” and “rife with gender bias” were most often cited as the reason female attorneys left their law firms, according to a new ABA report based on focus groups and interviews with experienced female lawyers. […]


Business Law & Regulations, Finance

First-year associate pay continues to rise, despite pandemic, NALP survey says

April 14, 2021

Via: ABA Journal

The COVID-19 pandemic hasn’t curtailed base pay for beginning associates, according to the National Association for Law Placement’s survey of mostly larger law firms. The median base salary for first-year associates was $165,000 as of Jan. 1 this year, up […]


Business Law & Regulations, Employment & Labor

UK Law Firms Reward Staff With COVID Bonuses

April 6, 2021

Via: Lawyer Monthly

A number of UK law firms are issuing “COVID bonuses” to their lawyers in recognition of their work during the pandemic. International firm DLA Piper is offering staff a choice of an additional week’s pay or a week’s holiday on […]


Business Law & Regulations, Employment & Labor

Hiring decisions based on first-year grades miss ‘exceptional students,’ according to new paper

March 24, 2021

Via: ABA Journal

Selective opportunities for law students, including law review membership, judicial clerkships and large law firm association positions, are largely based on first-year grades. And the tradition leaves out many “exceptional students,” according to a March 22 working paper that studied […]


Business Law & Regulations, Employment & Labor

BigLaw firm resolves pay bias claim over bonuses paid at predecessor firm

October 6, 2020

Via: ABA Journal

Locke Lord has agreed to pay $150,000 to resolve allegations that a predecessor law firm discriminated against 22 female associates by paying them lower bonuses than their male colleagues. The discrimination happened during 2012 to 2014 at Locke Lord’s Providence, […]


Financing your Business

How Law Firms and Professional Services Have Adapted to Survive Covid-19

September 21, 2020

Via: Entrepreneur

Corporate law firms have ridden out the Covid-19 shutdown relatively well so far. For every area of law that’s seen a fall in demand — such as litigation and financial accounting cases — it seems like others have presented new […]


Tax Code, Regulations and Guidance

How some law firms are affected by the government shutdown

January 14, 2019

Via: ABA Journal

Law firms handling antitrust, capital markets and white-collar defense work are feeling the effects of the partial government shutdown, which has recently become the longest shutdown in U.S. history. If the shutdown goes on long enough, some law firms could […]


Tax Code, Regulations and Guidance

Objector lawyers committed ‘fraud on the court,’ says Illinois appeals court

December 4, 2018

Via: ABA Journal

A law firm that claimed professional objectors were extorting fees in class action lawsuits will be able to introduce evidence supporting the allegation as a result of an Illinois appeals court decision. The First District Appellate Court of Illinois ruled […]


Business Law & Regulations, Employment & Labor

Law Firm Criticized for Client Recruiting Technique

May 4, 2018

Via: FindLaw

While marketing is important for law firms, the line between legal marketing and improper solicitation can often be a little bit fuzzy. When a law firm wades into the fuzzy areas, it’s probably a smart move to take a step […]


Know Your Rights

How Would Law Firms Be Affected by Trump’s Tax Plan?

May 3, 2017

Via: FindLaw

President Trump’s proposed tax plan — touted as ‘the biggest individual and business tax cut in American history’ — would be a big break for lawyers, too. Compared to setbacks for the president’s travel bans and orders against sanctuary cities, […]


Business Law & Regulations, Employment & Labor

Law firm uses speed-dating approach to law student interviews

November 9, 2016

Via: ABA Journal

A New York law firm is taking an alternative approach to on-campus interviews. Herrick Feinstein recently invited about 50 law students to a cocktail party and interviewed them in a process that has similarities to speed dating, Law.com (sub. req.) […]


Advertising & Marketing, Business Law & Regulations

Which law firms offer the best quality of life? Associate surveys determine this ranking

July 18, 2016

Via: ABA Journal

O’Melveny & Myers is No. 1 for overall qualify of life in rankings based on a survey of more than 18,000 associates by Vault.com. Paul Hastings, previously in the top position, fell to No. 5, Above the Lawreports. The rankings […]


Know Your Rights

Wal-Mart law firms are already in the US

June 22, 2016

Via: ABA Journal

When Evan Kaine, a personal injury attorney in Atlanta read a story in the May 2016 issue of the ABA Journal about Axess Law opening up offices in Wal-Mart in Canada, he remembered reading a line about whether these firms […]