Thursday, April 9, 2015
De-equitization was not a term lawyers heard 20 years ago except in extraordinary circumstances, but now it has become one approach that law firm management can take to respond to underperforming lawyers and keep profits per partner from dropping, according to Scott Westfahl, a professor at Harvard Law School.
Wednesday, April 1, 2015
To arrive at this decision, the Court wasn’t relying on some obscure bit of corporate law; it was relying on the First Amendment. How problematic is it that a company selling at least $100 million worth of juice every year based on sketchy empiricism could defend its preposterous advertising claims in court on free-speech grounds, and still be humored? That’s one question that John Coates, a professor at Harvard Law School and a former corporate lawyer, explores in a recent survey of what he calls “the corporate takeover of the First Amendment.”
Saturday, March 28, 2015
At municipal court, which is under separate jurisdiction than district courts, attorneys with the Volunteer Lawyers Project and Harvard Law professor James Greiner have found evidence that some civil claims appear to have been sent to defendants’ old addresses…Greiner, who has a PhD in statistics, said that when researchers looked at the first 87 cases, they found 28 where the address used by the plaintiff did not match the defendant’s address contained in the commercial database. In 14 of those cases, the plaintiff had filed with the court an address that appeared to be the defendant’s prior address.
Monday, March 23, 2015
Liberals used to love the First Amendment. But that was in an era when courts used it mostly to protect powerless people like civil rights activists and war protesters.These days, a provocative new study says, there has been a “corporate takeover of the First Amendment.” The assertion is backed by data, and it comes from an unlikely source: John C. Coates IV, who teaches business law at Harvard and used to be a partner at Wachtell, Lipton, Rosen & Katz, the prominent corporate law firm. Click here to see other coverage of this topic on Press TV.
Tuesday, March 17, 2015
Monday, March 16, 2015
David Wilkins, professor of law at Harvard University and Director of the Center on the Legal Profession, said partners are increasingly switching firms in groups — as demonstrated by at least 12 Pillsbury Winthrop Shaw Pittman partners who are joining Winston & Strawn. Wilkins explained what’s driving this trend, and why he expects it to continue at major […]
Thursday, March 5, 2015
David B. Wilkins, the Lester Kissel Professor of Law at Harvard Law School, recently sat down with Legal Executive Institute and discussed the state of the legal marketplace, whether fears for its future health are genuine and whether new metrics are needed.
Thursday, February 26, 2015
After spending vast sums to build and buy stables of thoroughbreds and extend their geographic reach and practice breadth, today’s law firms have come to a sobering conclusion: Accumulating stars is no longer enough. All that talent cannot be harnessed for competitive advantage or profit growth unless they find a way to get partners to collaborate.
Friday, February 13, 2015
CLP Research Director and HLS Professor, John C. Coates IV, was featured recently in a New York Times article for his research on legal education. More information on this research and his paper based on the legal education survey results can be found here.
Wednesday, February 11, 2015
Today’s professional services firms face a conundrum. As clients have globalized and confronted more-sophisticated technological, regulatory, economic, and environmental demands, they’ve sought help on increasingly complex problems. To keep up, most top-tier firms have created or acquired narrowly defined practice areas and encouraged partners to specialize. As a result, their collective expertise has been distributed […]