September 1, 2009
Innovation
Courtesy of a Tweet from @tomhood and others, I came across this 7 minute podcast featuring Ron Baker of the Verasage Institute that talks about the ‘firm of the future.’ Rather than bang the ‘billable hour is dead’ drum, Ron takes an alternative look at what professional firms should look like. He argues that instead [...]
Read the full article →
January 8, 2009
General
First up in the ABA Journal, Morgan Lewis announces it is ditching the billable hour. Well sort of. It’s de-emphasizing the billable hour as a component driving bonuses for its staff. I’m sure its associates will be delighted, especially when you note that the bar starts at 2,000 hours pa. Given that US lawyers are [...]
Read the full article →
