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After years of focusing on associates, law firms are beginning to realize that they need to pay more attention to their partners because their individual success is too critical to the firm's overall success.
Some LPQ questionnaires are brief, while others look like "War and Peace." The authors suggest that firms consider adopting a common design ' to save time for the firm and the partner candidates, while still ensuring that the most necessary data is obtained.
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Workers and managers alike are struggling to figure out what will be expected from them in the coming business quarters, and how to deliver on these expectations. Here are three highlights for legal professionals, which just may make the difference between being in the black or in the red.
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The new Hiring Incentives to Restore Employment Act ("HIRE Act") and the new Health Care Reform Acts have several significant tax-related provisions that affect individual and business taxpayers including law firms, attorneys, their staff, and their clients.
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Recent rulings of interest to you and your practice.
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It is no secret by now that employers, particularly those in such industries as the financial services, retail and health care, continue to be hit with the legal tsunami that is class action lawsuits. Here's how to cope.
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The Department of Labor (DOL) has issued guidance covering situations in which a pension plan, by virtue of its holdings of its employer's stock, is a potential claimant in a securities fraud suit.
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If a would-be intern or trainee is actually an employee by another name, an employment relationship exists, and the intern or trainee is entitled to all the benefits and protections of federal law. These include the rights to minimum wage, overtime, and a discrimination-free workplace.
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How can a law firm choose a fee arrangement that is beneficial for the client and calculated to be profitable for the firm? Once that fee is set, how can the law firm best manage the engagement to ensure sustained profitability? How can it measure profitability in this new environment?