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Historically, the focus on training law firm associates was centered around core skills thought to be necessary to successfully perform as an associate. Most early career training tends to be focused on refining such skills as writing ability, attention to detail, analytical ability, and verbal presentation skills. Given the radical transformation the practice of law has been going through, and the likelihood that the nature of the practice will continue to dramatically evolve, teaching old-line core skills is simply insufficient to give associates the tools they will need to succeed. Because most law schools give little to no training in any management skills, if law firms are to succeed in the new paradigm, careful consideration should be given to incorporating basic management skills training into each new lawyer's career planning process.
Developing successful lawyers for the future will require development of a new core of competencies. Here are four areas of management training that should be considered early in each new lawyers career.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.