In June 2013, the New York Times DealBook reported that mega-firm, Weil Gotshal slashed seven percent of its associate ranks – sixty junior lawyers in all — and reduced annual compensation for 30 of its 300 partners (who by contract, can’t be terminated without cause). On one level, the Weil cuts seemed like deja vu
Stay Tuned!
Readers, sorry for a week without posting. It’s been a while since that’s happened. I’ve been busy with lots of projects on multiple fronts. I’ll be back on Monday July 8 with great posts, the recording on starting a practice that I promised two months ago and more. So hang in there and keep coming
Lessons of Rakofsky v. the Internet: Be the Kind of Lawyer That Your Client Can Be Proud Of
Avid readers may recall that two years ago, MyShingle and I received an “invite” to the defendants’ table in Rakofsky v. the Internet. Roughly two years later, a decision is finally in. Defendants prevailed; you can read others’ legal analysis here ,here and here. Having spent two years reading through reams of
FREE WEBINAR: Launching a 21st Century Practice….Or Lifting the One You Have Now
We are all in the gutter, but some of us are looking at the stars.-Oscar Wilde
As you’ve probably heard, many futurists believe that the legal profession is dying — and that within a decade, lawyers will go the way of journalists, travel agents and bike couriers into extinction. They urge lawyers to dump the
Tax Day: A Reminder of The Ups and Downs of Solo Practice
With 2012 taxes now complete, I’ve officially marked the last action of the worst year of my practice in a half-decade. While I won’t discuss everything that went wrong, the problem is pretty obvious: more money out, less money in. In my case, an office upgrade and more personnel took a bit of a toll
Office Debate Follow Up: Sustainable Solos, Sustainable Families
This post is a quick follow up to Would You Rent Office Space for $500 or Less? which has generated some useful feedback from other solos weighing in with personal experiences and opinions. While you should read the comments directly, they generally fall into the following clusters of viewpoints:
- 1. Don’t start a firm unless
TechShow Wine & Dine Offline
My co-author Nicole Black and I will be at TechShow this year, and as in past years, we’ve organized a dinner for Friday, April 5, to get together with our online colleagues and friends whom we’ve never met or don’t have a chance to see very often in person. If you’d like to attend, there’s
Last Call for Techshow Superpass – and MyShingle Vendor Meetings at Techshow
Even though it includes CLE as part of the admission fee, the ABA’s annual TechShow can still be pricey. To help mitigate the costs, for the past few years, Legal Typist Andrea Cannavina (who’s also speaking this year) has formed SuperPass groups to secure huge volume discounts for attendees. Andrea is organizing groups again this
Doing work that you love in your law practice when it doesn’t pay the bills.
Starting and running your own law firm allows you the autonomy to pick and choose the kinds of cases you want to handle. But what happens when there’s no apparent market for the work that you love or where a market exists but the work isn’t financially viable?
A lack of market refers to a
21st Century Retainer – Last Call for 2012
Last call for the 21st century retainer agreement, scheduled for its final run on December 18, 2012. Register here – http://21stcenturyretainerdec.eventbrite.com/. The $49 fee is an amazing value, with a webinar and ebook and 14 pages of contract clauses included – but as a gift to readers and in celebration of MyShingle’s upcoming 10th