Crain’s Chicago Business just did a wonderful feature on Valorem and our partner, Nicole Auerbach. The article refers to me as 54. Ha! Not until next May. But despite that error, it’s still nice to be recognized by Crain’s.
I recently noted that law firms were continuing to increase rates even though their clients were experiencing difficult times. The Wall Street Journal Law Blog picked up on the story. I love Nathan Koppel’s concluding line: "color us surprised." In reality, it is really not surprising. It reflects a paralysis of thinking and imagination. By … Continue Reading
Fascinating study by researchers from Temple University and the University of Texas that concludes that the pay gap between men and women partners is not due to productivity. Here is the money quote: Our statistical analysis concludes that women partners are compensated less than men on average at the AMLAW 200 law firms regardless of… Continue Reading
What should be made of these two stories? 1. Associate salaries in a holding pattern. Salaries have stagnated. Good news for clients, who have been critical of the ever increasing salary structures employed by their firms. 2. So, what’s been happening with those hourly rates now that costs are stagnating? That’s right, they… Continue Reading
We now know who to blame for the billable hour. Or at least who to blame for its perpetuation. According to former Kirkland partner Steve Harper in The Belly of the Beast: Yet it survives because it has powerful defenders, including the Supreme Court’s conservative five-man majority. Yes, the obstacles facing those seeking better… Continue Reading
I am delighted to be able share the news that Pam Woldow has joined Edge International. Those who have read my blog before know that I make no secret of the extraordinary regard I have for Edge, and my friends Gerry Riskin, Rob Millard and Jordan Furlong. Edge is a dominant force in the world… Continue Reading