Law school prepares lawyers for many challenges, but managing a law firm’s finances is not typically one of them. Managing the firm’s books and ensuring financial accuracy and compliance fall outside the traditional legal curriculum. Because of this gap, lawyers often find themselves needing expert help to navigate the complex world of financial management. Accountants…
Last summer, John Quinn, founder of Quinn Emanuel, hosted a podcast with a former Biglaw attorney turned legaltech entrepreneur, Dan Rabinowitz. They discussed how Dan’s new AI-driven software, Pre/Dicta, correctly predicted the outcomes of motions to dismiss 85% of the time, using publicly available data points and a case number. Fast forward to May of…
My first encounter with Bill Cox and Frank Matthews was quite memorable. It took place in 1984 at a higher education conference at MIT, shortly after they had decided to confront the shortcomings in both the journalistic and academic communities by launching a new publication, Black Issues In Higher Education. In the best spirit of…
Summary of the FTC’s Recent Rule on Non-Compete Agreements The Federal Trade Commission (FTC) has introduced a transformative rule that bans most non-compete agreements across various industries.1 Announced on April 23, 2024, following a 3-2 vote by the FTC Commissioners, the rule represents a significant policy shift aimed at increasing market competition and employee mobility….
Students may now have a living map for navigating college in the era of artificial intelligence, according to a new guide release by the American Association of Colleges and Universities (AAC&U) and Elon University. Dr. Connie BookDr. C. Edward Watson, the vice president for digital innovation at AAC&U, described the first-edition guide as indispensable for…
Home Daily News Referral bonuses as high as $50K? One BigLaw… Law Firms Referral bonuses as high as $50K? One BigLaw firm confirms incentive By Debra Cassens Weiss July 22, 2024, 11:47 am CDT Law firms are typically paying $20,000 to $40,000 in referral bonuses to employees who refer associates to their firms for placement,…
Last week, I heard board members make a classic blunder. They were worried that they couldn’t fundraise any more. Why? Because they weren’t in a crisis. They had good reserves and the finances were very well managed. So they couldn’t see why anyone would donate to the cause. Do you know what they started talking…
Ropes & Gray — a firm that brought in $2,992,831,000 gross revenue in 2023, putting it at No. 8 in the Am Law 100 — is reportedly planning to open an office in Paris. C’est chouette! This will be the firm’s first office in continental Europe. Bloomberg Law has additional details: Ropes is planning to…
The video, titled ‘Study in Japan’, highlights the high-quality education of Japanese universities and aims to dispel common myths about the inaccessibility of studying there. “We felt the need to promote study abroad in Japan by reaching out to more diverse countries and regions,” Takeda Kuniko, MEXT deputy director of international affairs told The PIE…
Home Daily News 5th Circuit nixes ‘general, exploratory rummaging’… Privacy Law 5th Circuit nixes ‘general, exploratory rummaging’ of location data to find suspects By Debra Cassens Weiss August 13, 2024, 10:58 am CDT A federal appeals court’s decision Friday on the constitutionality of geofence warrants has “case-of-the-year importance,” according to a law professor’s blog post….