General Counsel Name Most Feared Law Firms
BTI Consulting Group is out with its sixth annual survey of trends in the litigation market and when it comes to law firms most feared by general counsel, they do not hesitate to name names. The…
Law Firms
In-House Lawyer Says Firms Risk Losing Work Over Associate Salaries
Perhaps one of the reasons that law departments are bringing even more work back in-house: “Elevated first-year associate salaries seem to be the new normal at top law firms, but Michael Ray, Chief Legal Officer…
Lawyers billing only a fraction of their time – legal bills to get bigger?
Ok, ok, the data relates primarily to solos and small law firms using a specific software tool. But one can imagine what will happen when software (and perhaps kind, gentle robots) ensure that Biglaw legal…
DLA Piper to crack down on slackers with ‘red card’ system
And you thought red cards were just for soccer (football) players: “Under the proposed ‘red card’ system, equity partners who fail to log at least seven-and-a-half work hours each day are going to feel the…
Law firms may bill for work of unpaid interns
Was it not that long ago that many law departments were pushing back on paying for time billed by “green” first year associates working on their matters? Well, for some companies, charges may be on…
On the Future of Law Departments
What does the future hold for law departments? “The question I’m posing, then, is whether we will get to the point where multi-billion corporations go without law departments or at least scale the law department…
The Smart Money is not Following Traditional Law Firms
Even more change is coming to the legal industry – will Biglaw evolve? “Above the din of legal pundits (myself included) opining about shifts in the global legal market comes Deloitte’s June, 2016 research study…
Allstate Joins In-House Furor Over Biglaw Associate Raises
Biglaw associate raises are causing some consternation in the in-house world: “Bank of America’s top lawyer isn’t the only in-house attorney expressing displeasure with associate salary raises. Other general counsel are sending letters to their…
DLA Piper to use Artificial Intelligence for M&A Due Diligence Review
If you have a question for your outside counsel on a due diligence item, they might just say they have to check with Kira: “DLA Piper will use artificial intelligence technology by Kira Systems for…
Corporate Legal Departments Are Voting With Their Feet—And Then Some
Corporate legal departments are expressing their dissatisfaction with Biglaw – and driving innovation themselves: “It’s hardly news that the once-cozy relationship between BigLaw and corporate legal departments has morphed into something quite different. In Facebook…