Milbank Tweed created an industry-wide stir when it announced recently a bump in first-year associate salary to $190K per year. The firm will also award $10K-$15K raises to incumbent associates.... read more →
Law is seldom associated with entrepreneurs. Lawyers are a cautious bunch focused on precedent, risk containment, and tend to be reactive–not innovative. Entrepreneurs are a different breed. They create new... read more →
‘Legal innovation’ is no longer an oxymoron. The staid, precedent bound, legal guild is slowly morphing into something different. The contours of the new legal order are still being shaped and the... read more →
Procurement is changing the legal industry. It is driving another nail into the legal guild’s coffin by altering the long-standing practice of lawyers selling corporate legal services to lawyers. This... read more →
Law is a profession and an industry. Lawyers in the U.S., the world’s largest legal market, regulate both. Regulation of the practice of law and the business of law should... read more →
Legal tech is attracting plenty of interest, money, press, and hype. It is law’s shiny new object that has transfixed the industry. Artificial intelligence, blockchain, and a daily rollout of... read more →
Law is no longer exclusively about lawyers. Technology, the global financial crisis, and globalization have created a new buy/sell dynamic that has disrupted industries from ride-hailing to hospitality –even getting... read more →
Technology dominates the legal tabloids. Investment in legal tech, blockchain and AI’s emergence as potential game changers, technology’s impact on legal jobs, the rise of law companies and legal operations,... read more →
Legal tech incubators are becoming the Starbucks of the legal industry–there’s one popping up on almost every corner. Law firms, law schools, corporates, and State Bars are launching them. The... read more →
Law and baseball share much in common. Each is self-regulated, rooted in tradition, operated as a guild for generations, big business, highly profitable–especially in major markets, and increasingly beyond the... read more →
