While not tracking origination credits may carry some risks, Covington partners argue the pay model is at the heart of the firm’s team-based approach in client work and has helped in attracting laterals.
Posts Tagged 'Law.com'
Law School Admissions Officers Report Concerns About Diversity
While the Kaplan survey found that, almost universally, law schools say that diversity is important to administrators and students alike, one admissions officer who participated warned that the court’s decision will have a “chilling effect on applications.”
Should US Law Firms Offer 20% Less Pay for 20% Less Work?
Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
The Law Firm Disrupted: Working Harder or Working Smarter?
It’s one thing to prioritize “better business” over “more business,” but the real challenge is identifying what that “better business” looks like.
Illinois Court Reinstates Trial Court's Initial Holding, Denying Chicago Cubs' Motion to Arbitrate
The MLB team attempted to route the matter through litigation, claiming a photographer who was injured at Wrigley agreed to a mandatory arbitration provision through use of his media credential to enter the field.
Massachusetts High Court Amends Rules Regarding Disposition of Unclaimed IOLTA Funds
The amendments were adopted in response to the court’s decision in the Matter of Olchowski (2020), which posed the question concerning the proper disposition of unidentified client funds on deposit in an Interest on Lawyers’ Trust Account.
Colo. Supreme Court: Law Firm's 'Reimbursement Agreement' With Departing Attorney Violates Ethic Rules
The high court held that agreements requiring a lawyer departing a firm pay it an undifferentiated per-client fee for continued representation of those clients are prohibited.
'To Those Dedicated Customers of Spirit, This One's for You': JetBlue's $3.8 Billion Acquisition of Spirit Airlines Blocked by Federal Judge
“Spirit is a small airline. But there are those who love it. To those dedicated customers of Spirit, this one’s for you,” Young concluded. “Why? Because the Clayton Act, a 109-year-old statute requires this result—a statute that continues to deliver for the American people.”
1 Case, 10 Years, $6.7 Million in Legal Fees for Holland & Knight
“The most difficult thing that we had to deal with is representing a sovereign,” said Ed Ramos, partner at Holland & Knight.
Amid Management Shuffle, Norton Rose Adds Litigation Leaders in Chicago
The new litigation leaders arrive following some departures within Norton Rose management. They also come amid high expectations for the pace of lawsuits and disputes in 2024.