Guest post: US associate pay – welcome to the New Mediocre

Guest post: US associate pay – welcome to the New Mediocre

‘New York To $190!’ was the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with (we suppose) a combination of hope and bemusement. Well, Cravath’s pre-emptive strike of going to $180k didn’t quite get us there. Welcome to the New Normal – or the New Mediocre, the version I’m fond …

Guest post: Law land annual reports -has the partnership model been outgrown?

Guest post: Law land annual reports -has the partnership model been outgrown?

With the release last week of the Annual Report from Georgetown Law’s Center for the Study of the Legal Profession, the ‘Big Three’ annual reports – Altman-Weil’s Law Firms in Transition, Citi/Hildebrandt’s Client Advisory, and Georgetown’s – are now all out and we can see what trends and developments they seem to discuss in common.

Guest post: Who’s afraid of IBM Watson? Machine learning and the future of law

Guest post: Who’s afraid of IBM Watson? Machine learning and the future of law

Recently in New York, Adam Smith Esq had the opportunity to invite a couple of dozen law firms to ‘An Introduction to IBM Watson’ at the brand new $1bn IBM Watson facility down on Astor Place. This is not going to be a report on that event, except insofar as it helped advance our thinking …