Law Firm Practice Groups and Specialties

Have you ever wondered what it is that corporate and finance lawyers do? If you haven’t actually worked as an attorney in a corporate or finance practice area, you probably don’t understand what the work involves other than it is “transactional” and does not include going to court. In this article, we demystify corporate and finance practice areas and explain what these kinds of lawyers spend their days (and nights) doing. READ MORE >

Practice Groups are increasingly becoming the way law firms manage their businesses, including a significant component of the marketing agenda. The following ten ideas will help practice groups - and especially their leaders - decide the best ways to manage and focus their marketing activities. READ MORE >

This is an exciting time to be a new partner in a law firm. The legal market has experienced several years of record profits and growth while the global market as a whole continues to become smaller. The profession will undoubtedly continue with its metamorphosis as Generation X infiltrates the law firm partnership ranks. READ MORE >

To prosper and grow, law firms of all sizes must create strategic business plans for their individual practice groups. A good strategic plan may be as simple as three to five goals with action plans designed to implement them. READ MORE >

Changing Market for Legal Services Places New Focus on Practice Management

Law firms are recognizing that the days of operating like a regulated industry are fading fast. Like the airline, telecom, and rail businesses in prior years, forward-thinking law firms understand that they are operating in an increasingly competitive marketplace and that they must transform themselves in order to thrive. Practice management is one of the key components in this transformation for law firms to be successful in the long term. READ MORE >

Looking across many European jurisdictions, similar trends are apparent in the way national markets are segmenting. READ MORE >

This is an exciting time to be a new partner in a law firm. The legal market has experienced several years of record profits and growth while the global market as a whole continues to become smaller. The profession will undoubtedly continue with its metamorphosis as Generation X infiltrates the law firm partnership ranks. READ MORE >

Years ago, while representing a client in an M&A deal as the head of the ERISA group at the now-defunct Hutchins, Wheeler & Dittmar PC, Carol C. Brown was intrigued to learn that the lawyer on the other side of the deal was from a boutique whose sole focus was the Employee Retirement Income Security Act.

Today, Brown and former Mintz Levin Cohn Ferris Glovsky and Popeo PC employee practice group head C. Stephen Parker Jr. have their own ERISA boutique, Parker & Brown PC in Boston. READ MORE >