Associate Salary Stratification More Likely In 'Buyer's Market'
August 01, 2016
Since Cravath, Swaine & Moore upped the ante on associate salaries this Spring, others in the big law community have responded gradually, some going all-in and others devising region-specific pay scales. In the current market, industry watchers say, the salary game has changed, and most firms will need to take the more thoughtful approach.
Firms Increasingly Making Partners Pay to Leave
August 01, 2016
As law firms look to protect themselves from cash walking out the door in a low-demand market, they are increasingly looking at methods to discourage lateral departures and, perhaps more importantly, are enforcing those methods more frequently.
The Adjudication of Affordability
August 01, 2016
Since the first civil lawsuit for money damages, plaintiffs have sought to maximize recoveries while defendants have sought to minimize them. This creates an obvious tension that is often left to a jury. Now, we have a new wrinkle in the issue, courtesy of the Affordable Care Act (ACA). How will it affect the award of money damages in civil lawsuits?
Investing in New Technologies
August 01, 2016
Until recently, corporate legal departments often had more leeway in complying with corporate operational and budgetary expectations than other departments. Now, however, companies are expecting legal departments to more accurately predict the quality, timing and cost for their services.
Five Steps to a Successful Social Media Strategy
August 01, 2016
Have you heard? Social media is mainstream ' 70% of the U.S.are using social media and more than 50% of them are over the age of 35 (that's right ' it's not just millennials). But did you know that in-house counsel are active social media participants? In fact, their usage is growing and today nearly two-thirds of general counsel (GCs) are engaging at least weekly in social media for professional reasons.
The Maturation of Competitive Intelligence in Law Firms
August 01, 2016
Advances in technology have given clients more information about the cost of legal services and where else that client might go looking for them, leading to increased demand for discounts and other alternative fee arrangements at a time when in-house legal departments are under rising pressure to cut costs. Here's how to use competitive intelligence.
The Enemy Is Inside the Wire
August 01, 2016
By now you've likely read the headlines about the recent attacks on various Asian banks, resulting in cyber losses reported in the tens of billions. And if you're really paying attention, you probably know these attacks have been linked to the Lazarus cybercrime organization, which was also identified as the likely culprit behind the attacks on Sony in 2014. In all likelihood, you read the headlines, and then you moved on to read the latest sports scores. Why? Because it doesn't relate to you. Or does it?
Driverless Cars
August 01, 2016
Autonomous vehicles, or self-driving cars, are close to becoming an everyday reality, whether you like it or not. This article is a study of benefits and concerns from a product liability point of view.
Media & Communications: Learning from Politicians
August 01, 2016
For those of us in the communications industry, it has been mind-blowing to see how far Hillary Clinton and Donald Trump have gotten with all of the baggage they've brought along, outrageous statements they've made, and un-presidential things they've done. What can law firms learn from this?
