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Partner Defections, Mergers and the Changing Business Model for Law Firms
Partner Defection
Partner defection often occurs due to the lack of support partners receive from the firm's management. And in a 2012 ALM Intelligence survey of attorneys who lateraled to a new firm, 48% of them were not partners when leaving but became partners within three years. It appears to be caused as much by poor management and professional development offerings, as it does an increase in compensation. In fact, this was confirmed by their 2014 survey where 42% indicated one of the primary reasons they left their firm was the 'firm culture.'
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.