Features
The Evolution of Litigation Management Technology
For decades, litigation was typically associated with large paper files piled on conference tables and oversized boxes being wheeled into courtrooms. The closest thing to technology that many people ever connected to litigation was a Dictaphone used to narrate notes for transcription.
Features
Partner Compensation
How do you determine partner compensation at your law firm? You certainly look at each partner's originations, working attorney receipts and billable hours. But what about his or her excellent client service, strong leadership, successful staff development efforts and keen technical skills?
Features
Can Law Firms Be Lean?
For those who have had some exposure to <i>Total Quality Management</i>, the reference to <i>Lean</i> or <i>Lean Six Sigma</i> might be familiar. Total Quality Management (TQM), famed for advancing Japanese firms to remarkable achievement in product quality, was also pursued in the service industry.
Features
Firms Recalculating Compensation Models
When it comes to attorney pay, origination has held a steady place at the top of many firms' list of compensation criteria. But could rainmaking be drying up in importance?
Features
Leadership in the Law: The Role of Big Data in Law Practice
The latest fad phrase in the legal trade press is "big data" and, as with many fad phrases, it means many things to many people and is a complete mystery to others.
Features
The Business of Branding: We Already Have a Website, So Why Do We Need a Microsite?
What is a microsite and why do you need it in addition to your firm's primary site? Here are a few reasons why...
Features
Document Exchange Breaches
While law firm IT can make sophisticated security systems available, it is ultimately attorneys who are responsible for protecting their clients' data and documents.
Columns & Departments
At the Intersection: More Magical Thinking
All too often, Practice Group Leaders are the big rainmakers of a practice area and truly lack the interest or skills to lead a practice group. Here's how to herd the cats.
Client Prospecting Questions
When preparing for a client prospect meeting, remember to ask yourself these questions.
Features
New Developments In Social Media Discovery In Employment Cases
As social media websites have become increasingly popular, courts have continued to address the legal issues raised by social media, particularly in the area of discovery. This article focuses on recent developments in the discovery of social media content in employment discrimination cases.
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- Private Equity Valuation: A Significant DecisionInsiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.Read More ›
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- The DOJ Goes Phishing: The Rise of False Claims Act Cybersecurity LitigationWhile the DOJ Civil Cyber-Fraud Initiative is still in its early stages and cybersecurity regulations are evolving, whistleblower plaintiffs have already begun leveraging the FCA to pursue alleged noncompliance with government cybersecurity requirements.Read More ›