Much of the pressure for law firms to utilize alternative billing approaches comes from companies of all sizes that increasingly want to control their legal costs by appealing to the individuality of lawyers. That requires rewarding lawyers for having "skin in the game" ' a personal financial stake in the outcome of a matter through compensation that goes up when the results justify it.
While the volume of available information about managing law offices is expanding, information is not readily available about what, specifically, should be the "hands-on approaches" that managing partners and members of management committees should embrace to coalesce their partners, associates and staff into a well-managed and informed organization, with all of the professional and administrative personnel working together to achieve both the firm's immediate and longer-term objectives.
A look at the most important recent cases.
In-depth analysis of recent important rulings.
On March 15, 2011, the United States Court of Appeals for the Second Circuit issued its first decision interpreting the Interstate Land Sales Full Disclosure Act ("ILSA").
Who's doing what; who's going where.
One of the most consistent, widespread problems faced by law firms is how to close the learning curve quickly for their inexperienced attorneys.
As commerce between the U.S. and Canada becomes increasingly intertwined, the courts of the land haven't always kept pace. But a recent decision by one of Canada's highest courts is going to make it easier to enforce U.S. decisions that reach north across the border.
