Reminder: Overly aggressive public statements about ongoing litigation can give rise to their own separate defamation claims.
Eight states have legalized the recreational use of marijuana, while an additional 29 states and the District of Columbia permit medical use. The legal cannabis market reached an estimated $7.2 billion in 2016, and is on track to create more than 250,000 new jobs by 2020. The stigma associated with marijuana use is also fading, as a 2017 poll found that 61% of Americans believe marijuana use should be legalized. In other words, cannabis is a booming business – and the legal services industry is taking notice.
The website of any firm or company is a key point of contact for the news media -- one that the media will often use as a first stop in learning more about the organization, and possibly developing a productive relationship with it. Too often, though, websites are built with little regard for media visitors. Adding an online newsroom or media center, then, is a relatively low-cost project with a big return. Done right, it provides journalists and others the information they need, in the way the firm wants to present it.
Baby boomers, defined as those born between 1946 and 1964, are steadily retiring from the legal industry. The American Lawyer reports that while almost half of AmLaw 200 partners were baby boomers in 2016, 16 percent of law firm partners will retire in the next five years – and 38 percent will retire within the next decade.
Facebook. HP. Visa. AT&T. Bank of America. All major corporations with operations that reach all corners of the globe. While these companies are very different, one underlying mission binds them: they all have expressed their commitment to diversity – primarily by requiring that same level of commitment from the law firms they’ve hired to represent them.
The AmLaw 100 and Major League Baseball arrive around the same time each spring, and you might think that’s about all one has to do with the other. (Check out the latest AmLaw 100 report here.) But bear with us while we draw a connection between these two great traditions, both of which reveal the power of statistics. Baseball fans obsess over ERAs and slugging percentages, while The American Lawyer’s annual report has fixed the profession’s attention on numbers like revenue per lawyer and, of course, profits per partner.