Its NBA Finals time and LeBron James is once again on the court. It’s been almost six years since he rendered “The Decision,” proclaiming to millions tuned into ESPN that:... read more →
It’s hardly news that the once-cozy relationship between BigLaw and corporate legal departments has morphed into something quite different. In Facebook terms, it’s gone from “in a relationship” to “it’s... read more →
The emergence of litigation finance is another telltale sign of a maturing, rapidly changing legal marketplace. Buyers and sellers of legal services have so much more to consider these days... read more →
Hulkamania ran wild the night Hulk Hogan defeated Andre the Giant in the main event of “WrestleMania III” before a live audience of over 92,000 and millions more watching on... read more →
The ABA recently renewed–and shelved-- the alternative business structures (ABS) debate, and the battle lines were familiar. The retail segment of the legal market is where the most strident exchange... read more →
Last week I wrote an article analyzing the principal reasons why corporate legal departments are taking on so much more work themselves instead of outsourcing it to law firms. This is,... read more →
I skimmed the “Top Headlines” of a recent edition of The American Lawyer and was struck by the lineup: (more…)
Everyone knows that the role of corporate counsel (a/k/a in-house lawyers) has undergone a transformation that has accelerated post the global financial crisis of 2008. Their number, influence, compensation, responsibilities,... read more →
Law has a distribution problem. Too many corporate firms vie for a shrinking pool of outsourced work. Competition is also fierce in the retail segment of the legal market where,... read more →
The legal field is in a state of flux–many would say decline. I prefer “reconfiguration.” The forecast is bleak. The weight of the evidence supports the glum outlook: Law school... read more →