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Coaching: A Shift in Law Firm Culture
Seyfarth Shaw ' an international law firm with 800 attorneys and offices in the United States, Europe, China, and Australia ' takes great pride in its innovative client-focused culture. This sustained effort has already led to a robust program of competency models, multi-rater performance appraisals, customer service initiatives, mentoring, summer fellowship positions, Lean Six Sigma certification, and “best place to work” awards. However, like other firms, Seyfarth found that developing employees, increasing engagement, addressing generational changes, and matching associate objectives with firm goals is a constant challenge.
Many firms are trying to adopt the methods that successful corporations use to cultivate talent (many addressed in this newsletter). One of Seyfarth's seasoned partners joined with a consulting firm (Strategic Performance Group, strategicperformance.net), and developed an associate coaching program that has proven effective in changing the culture and positively influencing law firm performance. Here's what we learned:
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Bankruptcy Sales: Finding a Diamond In the Rough
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.