Ridiculous Billing Practices Cost Everyone

…There is a huge and very specific pocket of inefficiency that currently exists in the market for legal services.
While lawyers (particularly business lawyers) are trying harder than ever to generate and keep clients, there exists a ton of aggressive, smart entrepreneurs who need good legal services – and are willing to pay for them – but don’t seek them out for fear of irregular and/or unbounded bills.

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Firm Challenges Non-Lawyer Ownership In Law Firms

In Jacoby & Meyer’s complaint filed on May 18, 2011 in the United States District Court for the Southern District of New York, the Firm alleges that the “out-dated” Rules of Professional Conduct “severely restrict” their ability to “raise the capital necessary to pay for improvements in technology and infrastructure.” Just like any other business that wants to scale while maintaining a high level of service, they need some funding.

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Contract Drafting Tips – Part 1

Over the years I’ve learned a few contract drafting tips that others might find useful. These are “high-level” concepts, not necessarily specific “how-tos”, but rather timesaving tips that I’ve found helpful when working on contracts.

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