Calling "Bullshit" About Changes to Lawyer Regulation
You want to be a great humanitarian? Give it away for free. But you don’t. You sell it, just like the other altlaw businesses who [want] to pretend they’re doing people a favor when it’s only about the money.
New DiligenceEngine Feature: Sharing
Contract review is often a team activity. Multiple people can share first level review duties across a pool of contracts. Others supervise first level reviewers' work.
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Is Law Firm Pedigree a Thing of the Past?
In a recent Harvard Business Review blog post, Dina Wang and Firoz Dattu argue “that GCs are increasingly willing to move high-stakes work away from the most pedigreed law firms (think the Cravaths and Skaddens of the world)… if the value equation is right.
Will "Robolawyers" Dominate The Future of Law?
Is law practice changing dramatically or will good lawyering always be centered around the same skills as ever? Are these mutually exclusive?
Why Lawyers Should be Required to Keep Abreast of Relevant Technology
Under the American Bar Association’s Model Rules of Professional Conduct Rule 1.1, lawyers have a duty to provide competent representation. Under Comment 8 to the Rule, lawyers must maintain their competence:
What is the 'New Normal'? And Who gets Cut in It?
Earlier this week, Weil, Gotshal & Manges (“among the nation’s most prestigious and profitable law firms”) made a round of layoffs and related personnel moves.
Following the Same Tack to Mediocrity
The 2013 Am Law 100 revenue report is out, and it shows some firms doing well, others not. Profits per partner for the top 50 firms rose 8%.
We say that DiligenceEngine finds 90% or more of the instances of nearly every contract provision it covers. How do we know this?