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The firm holds a top spot in Vault’s Energy, Oil, & Gas ranking—and for good reason. The firm has handled more than 3,700 such matters across the globe in the past decade and advises on matters relating to oil, natural gas, liquified natural gas, coal, and renewables. ORBA’s Law Firm Group can help you monitor your law firm’s cash position at year end to minimize the overall tax liability. In most cases, it will be most efficient to ensure the corporation is as close to a zero tax situation as possible. However, in some cases it will be more efficient to retain earnings for future investment rather than require capital contributions of previously taxed income. This booklet provides detailed explanations to help individual taxpayers, investors, business owners and professionals with tax planning throughout the year.
Again, these analyses all statistically controlled for alternative predictors of rates such as a partner’s practice, office, seniority, gender and other variables. We still find that cross-practice collaboration experience is a very robust determinant of a partner’s lawyers ability to raise rates faster than his or her peers in the same firm who do more siloed work. To put this concretely, according to statistics in the American Lawyer’s November 2014 issue, the average big-firm lawyer who billed $500 in 2008 would bill about $600 now.

Training and mentoring are key to the firm’s collaborative culture, which has no room for egos. With 11 offices across the U.S., Europe, and Asia, Ropes & Gray is an international firm that prides itself in handling cutting-edge work. A regular atop legal industry rankings, the firm is adept at assisting clients in complex, highly regulated industries like asset management, health care, life sciences, private equity, and technology. A corporate law giant and securities litigation all-star, Davis Polk is among the most elite law firms. The firm is synonymous with professionalism and is home to lawyers with strong work ethics who are committed to supporting and mentoring each other.
We are a strong non-exclusive association of independent law firms with presence in over 52 countries around the world. White & Case lawyers are recognized for their legal innovation and outstanding service to clients worldwide. Our site is provided for informational purposes only and should not be considered legal advice. Unless otherwise agreed in advance, all unsolicited inquiries or information received by Barnes & Thornburg LLP will not be regarded as confidential.
Consult with your insurance provider, broker, agent, or contact us to learn if you qualify. Lawyers need to know not only what their colleagues do, but also enough about those services to understand how that expertise might benefit their own clients. Help partners develop this “T-shaped knowledge”—that is, broad familiarity with a range of areas to complement their own deep expertise in a specific domain—by exposing them to one another’s client work. Some firms, for example, devote part of their annual partners’ retreat to a series of 15-minute presentations, where partners highlight the work that they do and explicitly focus on potential growth opportunities for lawyers in other practices.

The fragility of the partnership model was more fully exposed decades later by the global financial crisis and its aftermath. Businesses engaged in fiscal belt synching that extended to the legal function. Rapid technological advances and globalization created what Tom Friedman dubbed a “flat world.” Disaggregation came to law. Legal practice--tasks requiring differentiated expertise, experience, and skills possessed by some lawyers-- began to narrow. They confronted a steady migration of high-volume, low value “legal” work in-house and to tech and process-savvy legal providers. This work was the grist for the high-billable hour mill, the driver of the partnership’s pyramidal, leveraged economic model.
In recent years, Simpson Thacher has represented JPMorgan, Lehman Brothers, Goldman Sachs, Wachovia, UBS and Travelers. Private equity clients include Kohlberg Kravis Roberts and The Blackstone Group, as well as First Reserve, Silver Lake Partners and Hellman & Friedman, among others. As various providers have come onto the scene to take advantage of what technology and the global talent pool have to offer, clients have begun to realize that some legal processes are divisible. Each component of a legal case or a transaction should be assigned to a provider whose business model and capabilities are best suited to that specific task. Many chief legal officers believe that their most important responsibility is to choose whom to trust to help the company manage various kinds of risk and exposure. Moreover, the rules of professional responsibility under which both in-house and outside counsel must operate place a significant burden on them to represent clients with zeal and to exercise due care when delegating any work.

Attorneys who are simply very old and do not have the energy to work hard any longer. Many partners eventually start losing steam and no longer want to work long hours and face the pressure of bringing in clients. These lawyers may then decide that they would prefer to, instead, have a less stressful life that allows for the occasional golf game, days off during the week now and then, and regular vacations.
We deliver seasoned experience that helps lawyers confront their challenges and risks. We provide deep expertise, attentive service and tailored business insurance solutions to help manage exposures and minimize loss across a wide array of industries. Looking to build an international legal career in a company where trust, respect, diversity, and friendship are key. Visionary general counsel at DuPont, Pfizer, and Cisco have made a lot of progress on these fronts by transforming how their legal departments view their own role and how they work with outside counsel—which providers to use and what services to stop providing. But each of them will tell you that to lead this kind of change, the general counsel has to articulate the reasons for it, invest in processes and tools, provide training and coaching, and use both carrots and sticks to influence behavior.

And law-school career centers are now occasionally referring students to sites likeJ.D. Over the past 20 years or so, information technology created a problem for corporations by generating oceans of data that had to be collected, preserved, and reviewed in litigation. Failing to produce documents relevant to a lawsuit risked expensive sanctions as well as losses in court. To address that risk, law firms threw armies of young lawyers and paralegals at the problem—a highly profitable solution from their standpoint, but one that has become unsustainable for their clients. Fortunately, technology is also starting to provide solutions, enabling “smart searching” to shrink the stacks of documents that require human review and facilitating the outsourcing of this and other relatively low-value work.
Similarly, students in Professor John Coates’s M&A class work in preassigned, self-organized teams throughout the semester to deliver group-based practical exercises on preliminary deal negotiations, design of a sales process and deal financing. Teams are encouraged to divide tasks, work collaboratively to draw on different skill sets and discuss current and future work projects. It is also not merely more work from the client—it is also more sophisticated work. That is in part because cross-specialty work is likely to be less subject to price-based competition.
Continuous education and development programs for our team members are part of our belief system; to keep up with the changing global environment. Opportunity is not a privilege of class or birth or dependent upon the generosity of others. Public Counsel Opportunity Under Law combats economic injustice in all its forms through litigation and other means. Public Counsel Opportunity Under Law will develop alliances with other organizations specializing in economic research and policy analysis, communications, as well as political and social action campaigns to achieve its goals. The Personal Injury Lawyers team at MexLaw are dedicated to obtaining a fair and quick compensation for injury victims recovering from tragic accidents. There are many legitimate vacation or timeshare companies, but you need to be aware of the less scrupulous timeshare companies in Mexico.