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From Good to Great: How Law Firms Achieve Best-in-Class Profitability
Some things you never forget. Like the Saturday in 1993 when the managing partner called and told me the firm was shutting down — I no longer had a job. I looked at our six-month-old son and wondered how we would feed him. A few years before, I had survived a similar implosion at another firm. Both closures were caused by bad management, plain and simple.
After the second blow-up, I was fortunate to land at an exceptionally well-run firm. That’s where I learned what makes a law firm a best-in-class financial performer — and how to make my own practice more successful and enjoyable. This article boils down those learnings into simple principles any small to midsize law firm can use to improve performance.
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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?
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.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
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.