A Quote by Dan Pena
Virtually all big law firms have good to super-good lawyers. All big law firms don't have great litigators.
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The lawyers have escaped most criticism [and undeservedly so]. The tax shelters [were approved by lawyers, who got paid huge commissions to do so] and every miscreant had a high-falutin' lawyer at his side. Why don't more law firms vote with their feet and not take clients who have signs on them that say, "I'm a skunk and will be hard to handle?" I've noticed that firms that avoid trouble over long periods of time have an institutional process that tunes bad clients out. Boy, if I were running a law firm, I'd want a system like that because a lot of firms have a lot of bad clients.
I see basically two models of law firms in the world. One of the global law firm they go by the name of one-stop shops, which will open an office, everybody see and opportunity and will also practice the local law of that jurisdiction. That's a successful model as well but that's not the only model. And the other model is those of independent law firms, national champions which have some unique strengths as well and I think both have their strengths and weaknesses.
You have various institutions like law firms and accounting firms which bill by the hour. I'm really against that. You have an incentive to go slowly, be there as long as possible, to over-research things and over-staff.
Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat.
After law school, I put on my power suit and worked at a series of law firms. By the time I was at my third in six years, it dawned on me that a traditional law job wasn't for me.
The idea that big buyside firms are going to come in and trade mano-a-mano with high-frequency trading firms shows a lack of knowledge of the business.
Educating Lawyers succeeds admirably in describing the educational programs at virtually every American law school. The call for the integration of the three apprenticeships seems to me exactly what is needed to make legal education more professional, to prepare law students better for the practice of law, and to address societal expectations of lawyers.
Some law firms now use artificial intelligence software to scan and read mountains of legal documents, work that previously was performed by highly paid human lawyers.
If you think Wall Street firms have it good, you haven't looked closely at Big Oil.
There is evidence that young men in the big law firms, although they still work harder than most of their clients, do not glory in putting in night work and weekend hours as they once did.
What's odd is that nobody in my family is an artist. My cousins are like secretaries at law firms or nurses or just more blue collar. And I was in a baseball team. I used to be like a really big tomboy.
If two firms join together, we want their total tax bill to go up because we don't want more big firms. We'd actually like to have lots more small ones.
In 1969, when I graduated from Harvard Law School, women and minorities made up a tiny fraction of the first year associates accepted by top law firms.
There's a lot of money with a lot of big law firms that have a tremendous amount at stake by getting the right language to convince the right jury that my client is either innocent or that the opposition is guilty.
Poor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
The law is equal before all of us; but we are not all equal before the law. Virtually there is one law for the rich and another for the poor, one law for the cunning and another for the simple, one law for the forceful and another for the feeble, one law for the ignorant and another for the learned, one law for the brave and another for the timid, and within family limits one law for the parent and no law at all for the child.
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