How to Show a Partner the Door
November 02, 2015
The practice of law is a business. Typically, partners in a law practice are responsible for keeping the firm afloat through bringing in business. Because partners are expected to bring in money for their firms, making partner in a law firm is no longer the lifetime guaranteed 'employment it once was.
Billing Scrutiny Creates Tension
November 02, 2015
Legal bill scrutiny in its many forms ' internally by legal departments, by nonlawyer staff elsewhere in the company, by third-party auditors, or via e-billing software ' has the potential to affect how and when law firms get paid, but the practical effect is up for debate.
Leasing and Finance Industry Economic Outlook
November 02, 2015
The Equipment Leasing & Finance Foundation's Q4 update to its 2015 Equipment Leasing & Finance U.S. Economic Outlook reports that investment in equipment and software is expected to grow 4.1% in 2015, which is down from the 5% growth forecast in its Q3 Update to the 2015 Annual Outlook released in July.
Who Are 'Employees' and How Should We Treat Them?
November 02, 2015
The 2014-15 New Jersey Supreme Court term brought major decisions on diverse employment law issues 'employer liability for sexual harassment, how to determine whether a worker is an "employee" for purposes of wage and hour laws, the extent of protection afforded watchdog employees under the 'Conscientious Employee Protection Act (CEPA), and the negotiability of furlough decisions by municipal employers.
The Global 100
November 02, 2015
The Global 100 appears to have found its groove. After the turbulence of the financial crisis, which in 2009 caused the world's 100 highest-grossing law firms to collectively suffer their first-ever fall in aggregate fee income, the group has now settled into a pattern of slow, steady growth.
The Art of Cyberwarfare
November 02, 2015
Cybersecurity is at a crossroads. No longer resigned to the confines of server rooms overseen by information technology, decisions regarding the protection of data have been forced into the boardroom by events that include breaches at main street businesses and revelations of clandestine government hacking activities.