Partner Compensation
November 30, 2013
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?
Emergence of State Initiatives Could Change Franchising
November 30, 2013
In the last two years, many state legislatures have considered new franchise laws. Few of these bills have been passed or enacted, but some of the bills represent the potential for significant changes in treatment of franchising as a unique business model and of the franchisor-franchisee relationship. At the very least, franchisors need to be more aware of state legislators' interest in franchising than in the past.
The Myths of Legal Hold Notification
November 27, 2013
Organizations face serious repercussions in the form of both costly sanctions and adverse inferences for inadequate or failed legal hold procedures. The most basic preservation task however, issuing legal hold notifications, seemingly remains a mystery to a surprising portion of corporate defendants. Too often, organizations, and their counsel, do not view the legal hold notification (LHN) process as a manageable business process.
Document Exchange Breaches
November 26, 2013
While law firm IT can make sophisticated security systems available, it is ultimately attorneys who are responsible for protecting their clients' data and documents.
Managing Your Money: What Comes After Leaning In
November 26, 2013
Female law partners are not saving appropriately, putting money into wise investments or taking advantage of employer-sponsored retirement accounts. Further, they have little idea if they are on track toward a comfortable retirement.
At the Intersection: More Magical Thinking
November 26, 2013
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.
Dancing on the Cliff Edge
November 26, 2013
The old business model of law firms is not sustainable. Here's what the "new normal" looks like.
Restrictive Covenants and Partnership Agreements
November 02, 2013
This article examines the ethics of common partnership restrictive covenants, including non-compete and forfeiture-for-competition provisions, notice of withdrawal requirements, prohibitions on solicitation of partners, employees, and clients, and restrictions on using and taking documents, and suggests ways for firms to ethically protect the firm's interests.
