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Partnerships Law Firm Ownership

IR Global

Customizing Artificial Intelligence Tools for Your Legal Department

IR Global on

The corporate world is buzzing with the promise of artificial intelligence (AI). However, for legal professionals to tap into this potential, a one-size-fits-all approach to AI won’t work. Each in-house legal department...more

Farrell Fritz, P.C.

Special Considerations for Law Firm Breakups

Farrell Fritz, P.C. on

Just a few weeks ago, I commented on a recent uptick in disputes centered on the breakup of professional services firms. In those disputes, we expect that the demands of the legal, accounting, and medical professions draw...more

Allen Matkins

This Partner May Have Observed The Punctilio Of Honesty But Perhaps Not Honor

Allen Matkins on

Nearly a century ago, Benjamin Cardozo waxed eloquent regarding the fiduciary obligation of co-venturers...more

Farrell Fritz, P.C.

Disputes Abound When Law Firms Dissolve

Farrell Fritz, P.C. on

Some of the most complex and hotly-contested business divorce litigation arises from the dissolution of law firms. Perhaps law firm dissolutions are prone to litigation because many are organized as partnerships or LLPs, and...more

Farrell Fritz, P.C.

The Law Firm “Partner”- A Rose by Any Other Name . . .

Farrell Fritz, P.C. on

One of the great ironies of New York business divorce litigation is that so much of it involves the breakup of law firms. Perhaps it’s because New York is the center of the legal universe and the home state of thousands of...more

Timothy Corcoran - Corcoran Consulting Group

Outdated Partner Comp Plans Are an Obstacle to Growth

The old models of partner compensation are increasingly keeping firms from the client-focused culture needed to succeed today. In the March 2018 issue of American Lawyer, I discuss how partner compensation can accelerate,...more

Holland & Knight LLP

California Supreme Court Deals Death Blow to Jewel v. Boxer for Hourly Fee Cases in State

Holland & Knight LLP on

• The California Supreme Court has decided the fate of the unfinished business rule for hourly fee cases in the state with its long-awaited decision in Heller Ehrman LLP v. Davis Wright Tremaine LLP. The court held that a...more

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