Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Features

Only 30% of Workday Is Spent on Billable Hours, Report Says Image

Only 30% of Workday Is Spent on Billable Hours, Report Says

Brenda Sapino Jeffreys

U.S. lawyers are still spending too little of their workday on billable hours, a year after an eye-opening report found lawyers devoted only 29% — 2.3 hours — of each eight-hour workday to billable hours.

Features

Cost Recovery in 2018: Predicting Winners and Losers Image

Cost Recovery in 2018: Predicting Winners and Losers

Rob Mattern

Back in March of this year, we predicted changes and trends the results of the 2018 Mattern Cost Recovery Survey would reveal. At that time, we got our…

Features

Salary Hikes Not So Impressive After Inflation Image

Salary Hikes Not So Impressive After Inflation

Scott Flaherty

Law firms have bumped up starting salaries for associates at top firms over the past few years, prompting Big Law clients to raise a stink about outsized salaries for junior lawyers. But it turns out that this pay falls short of past peaks when inflation is taken into account.

Features

Litigation Funders Face Their Hardest Sell: Big Law Image

Litigation Funders Face Their Hardest Sell: Big Law

Roy Strom & Ben Hancock

There Is More Money Than Ever In the Hands of Litigation Financiers, But Can They Convince Law Firms to Use It?

Features

The NLJ 500: Large Firm Growth Slows Amid Consolidation and Contraction Image

The NLJ 500: Large Firm Growth Slows Amid Consolidation and Contraction

Ryan Lovelace

Lawyer Counts Increased By 1%, But Large Firm Growth Was Slowed Due to Consolidation. Just Three of the Top Five Firms on the NLJ 500 Showed Total Lawyer Headcount Growth

Features

Lawyers and Accountants: Collaborators and Competitors Image

Lawyers and Accountants: Collaborators and Competitors

Mark A. Cohen

Lawyers and accountants are professional allies, but who controls integration and delivery of their services is another story.

Features

Will Law Firms Be Ready When the Next Recession Hits? Image

Will Law Firms Be Ready When the Next Recession Hits?

Dan Packel

<b><i>The Bottom Is Eventually Going to Drop on the U.S. Economy, and Many Law Firms Won't Be Positioned to Handle the Fallout</b></i><p>No economic expansion lasts forever. That's a hard-and-fast truth of macroeconomics, one that's on the minds of certain law firm leaders.

Features

Arbitration Impact on Attorney Fees and Film Company Principal Image

Arbitration Impact on Attorney Fees and Film Company Principal

Stan Soocher

The U.S. Court of Appeals for the First Circuit reversed a district court's award of attorney fees to Sony Corp. under §505 of the Copyright Act for winning a ruling that a lawsuit over a Sony Music songwriting contest should be sent to arbitration.

Features

Prospering in the 'New Normal' Image

Prospering in the 'New Normal'

J. Mark Santiago

<b><i>Raising Costs and Declining Demand are Sapping Profits</b></i><p>The “New Normal” of today is one in which raising operating costs, associate salary increases, and reduced realization rates coupled with AFAs and demands from corporate counsel for reduced rates are sapping firm profits and there is no relief on the horizon. Law firm leaders, seeing current conditions, should be asking if there is a better way.

Features

Cash Flow Drought: How to Identify and Deal with It Image

Cash Flow Drought: How to Identify and Deal with It

Bill Sansone

Cash flow management can be particularly challenging. You need to account for the time lag between cash going out and cash coming in. This requires financial and management discipline, strong internal policies and procedures for billing and collection policies, planning and attention to detail.

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES

  • Artist Challenges Copyright Office Refusal to Register Award-Winning AI-Assisted Work
    Copyright law has long struggled to keep pace with advances in technology, and the debate around the copyrightability of AI-assisted works is no exception. At issue is the human authorship requirement: the principle that a work must have a human author to be eligible for copyright protection. While the Copyright Office has previously cited this "bedrock requirement of copyright" to reject registrations, recent decisions have focused on the role of human authorship in the context of AI.
    Read More ›
  • Recently Introduced Bill Would Limit ITC 'Domestic Industry by Subpoena'
    Patent infringement disputes in the United States are not only heard in district courts. The U.S. International Trade Commission (ITC) also decides high-stakes intellectual property disputes — with the remedy for the IP rights holder not being damages, but rather an exclusion order that can block a competitor's importation of infringing articles into the U.S. That remedy can be incredibly powerful for companies engaged in stiff competition in the U.S. market.
    Read More ›
  • Major Differences In UK, U.S. Copyright Laws
    This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
    Read More ›