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Shrinking Space Not Headcount Has Become Mainstream Strategy for Law Firm Management | BCG News

Shrinking Space Not Headcount Has Become Mainstream Strategy for Law Firm Management | BCG News | Legal News | Scoop.it
In their bid to optimize resources and stay competitive, both big and small law firms are adopting modern office and real estate space management practices. In cutting down costs without affecting service efficiency, reorganization of real estate space and allotment of space has become a favorite strategy, making more sense as a first option for cost-cutting than conducting layoffs. A report by Savills Studley Insights published in October 2014, 'Law Firm Employment and Space Trends,' comes to the same conclusions with some solid evidence to back up their assertions.
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Shrinking Space Not Headcount Has Become Mainstream Strategy for Law Firm Management 

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Baker & McKenzie Names New Asia Head | BCG News

Baker & McKenzie Names New Asia Head | BCG News | Legal News | Scoop.it
Hong Kong based Milton Cheng has been named the managing partner for Baker & McKenzie's China, Hong Kong, Korea and Vietnam offices. Cheng, until now, was the head of the Asia-Pacific M&A group, and also the co-head of the law firm's corporate group in China and Hong Kong. He also led the the REITs practice in Hong Kong. Cheng succeeds Paul Tan as head of Asia for Baker & McKenzie.
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Baker & McKenzie Names New Asia Head 

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Focus Areas Where Small Law Firms Benefit from Practice Management | BCG News

Focus Areas Where Small Law Firms Benefit from Practice Management | BCG News | Legal News | Scoop.it
Blue Hill Research’s study on law firm practice management finds 1000% to 4000% ROI for small law firms investing in practice management
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Expert Witness Fees Touch the Sky with Litigation Becoming More Complex | BCG News

Expert Witness Fees Touch the Sky with Litigation Becoming More Complex | BCG News | Legal News | Scoop.it
Expert witnesses are earning more than ever with litigation becoming increasingly complex. With courts demanding that expert witnesses support their conclusions with greater evidence and analysis, qualified experts see a 15% year-on-year rise in assignments and a 3.2% increase in hourly rates. Highest hourly earners like physicians devote only 18% of their time to such work; however, many reported annualized earnings of over $1 million solely from expert witness assignments. According to the ExpertPages 2014 Survey, demand and hourly rates for expert witnesses has reached a 16-year high.
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Expert Witness Fees Touch the Sky with Litigation Becoming More Complex

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Legal Industry Report Marks Four Themes Affecting Law Firm Pricing | BCG News

Legal Industry Report Marks Four Themes Affecting Law Firm Pricing | BCG News | Legal News | Scoop.it
Datacert | Tymetrix 2014 Real Rate Report identifies four themes in law firm pricing.
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Seven Key Trends of Law Firms Improving Legal Service Delivery | BCG News

Seven Key Trends of Law Firms Improving Legal Service Delivery | BCG News | Legal News | Scoop.it
Highlights of Altman Weil’s report on what law firms are doing to increase efficiency in service delivery reveal 7 key trends
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How “Lone Wolf” Partners Fare Poorly in Big Law Firms | BCG News

How “Lone Wolf” Partners Fare Poorly in Big Law Firms | BCG News | Legal News | Scoop.it
How law firm partners who are perceived as lone wolfs are hurt in pay and career growth in big law firms
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Former Detroit Litigation Chair of Foley & Lardner Loses Pay Discrimination Suit | BCG News

Former Detroit Litigation Chair of Foley & Lardner Loses Pay Discrimination Suit | BCG News | Legal News | Scoop.it
Former Detroit Litigation Chair of Foley & Lardner fails in pay discrimination case against the law firm
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Former Detroit Litigation Chair of Foley & Lardner Loses Pay Discrimination Suit

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Baker & McKenzie Elects Michael Smith Managing Partner in Chicago Office | BCG News

Baker & McKenzie Elects Michael Smith Managing Partner in Chicago Office | BCG News | Legal News | Scoop.it
Baker & McKenzie announces electing real estate attorney Michael Smith as the Managing Partner of its Chicago office.
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HIPAA and Information Governance in Law Firms | BCG News

HIPAA and Information Governance in Law Firms | BCG News | Legal News | Scoop.it
HIPAA Omnibus Rule is forcing law firms to change their information management practice in respect to personal health information
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Going Global Pays: Baker & McKenzie Tops the World’s Law Firms | BCG News

Going Global Pays: Baker & McKenzie Tops the World’s Law Firms | BCG News | Legal News | Scoop.it
Baker & McKenzie tops all law firms in 2014 gross revenue proving the success of its global growth strategy
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Hogan Lovells’ Win for Class-Certification of Afro-American Secret Service Agents | BCG News

Hogan Lovells’ Win for Class-Certification of Afro-American Secret Service Agents | BCG News | Legal News | Scoop.it
Hogan Lovells successfully defends class-certification of African-American Secret Services agents before the D.C. Circuit Court of Appeals
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Federal Diversity Jurisdiction Trumped by “Stateless Partners” in Law Firms | BCG News

Federal Diversity Jurisdiction Trumped by “Stateless Partners” in Law Firms | BCG News | Legal News | Scoop.it
D.C. Circuit finds “statelessness” of partners in U.S. based international law firms precludes diversity jurisdiction of federal courts
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High-Profile Health Care Group Joins Baker Donelson in Houston | BCG News

High-Profile Health Care Group Joins Baker Donelson in Houston | BCG News | Legal News | Scoop.it
A high-profile health care attorney group has left Strasburger & Price to join Baker Donelson in Houston. The group includes four attorneys: Ivan Wood Jr., Stuart F. Miller, Marissa Weitzner Arreola and Matthew Maruca. Miller and Arreola join as shareholders, Wood as senior counsel, and Maruca as an associate.
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High-Profile Health Care Group Joins Baker Donelson in Houston

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Plachy and Samuels to Lead Lewis Roca Rothgerber’s Litigation Practice | BCG News

Plachy and Samuels to Lead Lewis Roca Rothgerber’s Litigation Practice | BCG News | Legal News | Scoop.it
Lewis Roca Rothgerber hands the leadership of its 116-attorney litigation practice to Michael Plachy and Bruce Samuels
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Law Firm Managing Partners Still Unclear about Benefits of Social Media | BCG News

Law Firm Managing Partners Still Unclear about Benefits of Social Media | BCG News | Legal News | Scoop.it
A recent survey of law firm managing partners by legal PR Company Jaffe and Managing Partner Forum finds views about social media participation closely divided, when it comes to perceptions of business benefits. Personal use being separate, when social media participation on behalf of the firm is concerned, some think social media is an exciting new way of promotion, while some take it as a necessary evil to which they need to adapt. The findings make for interesting reading.
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Law Firm Managing Partners Still Unclear about Benefits of Social Media

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Good News! Industry Report Finds Why Clients are Happier with Particular Law Firms | BCG News

Good News! Industry Report Finds Why Clients are Happier with Particular Law Firms | BCG News | Legal News | Scoop.it
BTI Consulting’s new research shows corporate client and law firm relationships are at a 3-year high
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BuckleySandler Goes International with London Office | BCG News

BuckleySandler Goes International with London Office | BCG News | Legal News | Scoop.it
US financial services and criminal enforcement boutique BuckleySandler opens its first international office in London
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DLA Piper Merges With Czech Law Firm Haskovcova | BCG News

DLA Piper Merges With Czech Law Firm Haskovcova | BCG News | Legal News | Scoop.it
DLA Piper forms merger with Prague law firm Haskovcova & Co. to strengthen the law firm’s market position in CEE
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Partner Compensation Formula of an AmLaw 50 Law Firm Revealed in Court | BCG News

Partner Compensation Formula of an AmLaw 50 Law Firm Revealed in Court | BCG News | Legal News | Scoop.it
Partner pay discrimination lawsuit against Foley & Lardner reveals the law firm’s watertight partner compensation formula
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Chamberlain Hrdlicka Hires Noted IP Attorney Lori Johnson in Atlanta | BCG News

Chamberlain Hrdlicka Hires Noted IP Attorney Lori Johnson in Atlanta | BCG News | Legal News | Scoop.it
Noted IP attorney Lori Johnson joins Atlanta office of Chamberlain Hrdlicka
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Chamberlain Hrdlicka Hires Noted IP Attorney Lori Johnson in Atlanta

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Top Federal Litigator Jonathan Haray Joins DLA Piper | BCG News

Top Federal Litigator Jonathan Haray Joins DLA Piper | BCG News | Legal News | Scoop.it
Jonathan Haray, well-known federal litigator joins DLA Piper as a partner in the law firm’s Washington D.C. office.
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Jonathan Haray, former SEC Litigation Counsel and Deputy Chief of the Fraud and Public Corruption Section of the DA's office at Washington D.C, joins DLA Piper

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Third Circuit Rules It’s Alright to Use Praises from Judges as Testimonials on Lawyer Websites | BCG News

Third Circuit Rules It’s Alright to Use Praises from Judges as Testimonials on Lawyer Websites | BCG News | Legal News | Scoop.it
Court of Appeals rules it is okay to use praises by judges as testimonials on attorney websites
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What Women Attorneys Can Learn from the 50 Best Law Firms for Women Report | BCG News

What Women Attorneys Can Learn from the 50 Best Law Firms for Women Report | BCG News | Legal News | Scoop.it
50 Best Law Firms for Women 2014 by Working Mother shows which rules women attorneys need to break sometimes
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Industry Reports in 2014 Provide Clues to the Surge in In-House Attorney Jobs | BCG News

Industry Reports in 2014 Provide Clues to the Surge in In-House Attorney Jobs | BCG News | Legal News | Scoop.it
Survey reports on legal industry trends support the radical rise in the growth of in-house attorney jobs
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