A wonderful, but demanding, project keeps me from posting this week. Looking forward to resuming next week.
Articles Posted in Uncategorized
I’m on vacation from April 3 to April 11.
Best Wishes for a Joyous Holiday Season
I will be traveling out of the country, and will resume blogging January 21, 2019 — after I get caught up in my day job.
A lovely Thanksgiving weekend to you and yours.
Sometimes A Lawyer Gets it Right — Happy Fourth
In Congress, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and…
How Should A Business Pick its Law Firms? Brand Name Method Fails the Empirical Test
As we both awaited the start of a meeting, I struck up a conversation with the general counsel of a publicly traded company with $2BB in annual sales. We agreed that great law firms and attorneys are available beyond the most prominent brand name law firms. But my friend was…
Regulators Gone Wild — Is Relief Coming from the Courts?
74% of respondents cited “regulations and enforcement” as their top concern in the most recent Morrison Foerster General Counsel Up-at-Night Report. Coming at regulatory burdens from a different direction, legal scholars Michael Bommarito II and Daniel Martin Katz found that regulatory references in 10-K filings had increased 4X between 1994 and 2014 (after…
Brain Surgeon Rates for First Aid: How Law Firms Charge for Document Review
Lola v. Skadden, Arps arose from a lawsuit in which a plaintiff demanded massive disclosures of documents of a specified description. This meant that the defendant had to review thousands of documents to respond. David Lola was a licensed lawyer hired on contract by the law firm Skadden Arps to perform…
A Company’s Legal Health Calls for Skills that Attorneys Lack
A few years ago the Washington Post published an article entitled, “There Really are 50 Eskimo Words for ‘Snow'”: ” … ‘Aqilokoq’ for ‘softly falling snow’ … ‘piegnartoq’ for ‘the snow good for driving sled’ ….”, etc. An Inuit living above the Arctic Circle needs to be precise in describing something…
“‘The Tone Deafness is Astounding’: Clients Unhappy about Milbank Associate Raise Announcement”
The law firm of Milbank, Tweed, Hadley & McCloy recently announced that it was raising the annual salaries of its first year associates to $190,000. Other large law firms are doing the same. Instead of a business-like, matter-of-fact, decisive refusal to pay lawyer rates for the work of brand-new law…