Business of Law

Issues relating to the practice of law

BARE BONES BRIEFS: LexisNexis: AI will allow lawyers to charge $10K hourly | Why criminals love law firms | Everything you’ll want to know about taxes | Novel grounds of appeal: Too Fat to Die | Not a valid TM: “This is the Fucking News”

By Julius Melnitzer | April 13, 2025 AI MAKES LAWYERS MORE EXPENSIVE Sean Fitzpatrick, Lexis Nexis’s CEO, told Business Insider that AI could facilitate lawyers charging $10K per hour because it gives them “that extra set of eyes” that allows them to deliver better service. To some, including myself, this could imply that lawyers charging […]

Living Paycheque to Paycheque on $6,574,000

By Murray Gottheil | April 2, 2025 Photo by Pixabay at Pexels. It’s Not a Principle Until it Costs You Money – Bill Bernbach We have all been reading about the Paul Weiss law firm settling with the Trump Administration to get out from under an executive order, the legality of which is, to say the least, […]

BARE BONES BRIEFS: Law firm risked becoming a terrorist agent | Fearful lawyers refusing cases against Trump | FBI criminalizes environmental groups | Legal Aid can’t refuse to pay for 90% of firm’s document review | Avatars are the new court spokepersons

By Julius Melnitzer | March 26, 2025 CENTRAL LONDON FIRM HIT WITH C$47,000 ALM FINE The UK’s Solicitors Regulation Authority (SRA) has imposed a maximum fine of C$47,000 on PCB Lawyers LLP, a central London property law specialist, for breaches of anti-money laundering regulation that exposed the firm to being used as a conduit for […]

BARE BONES BRIEFS: Dentons faces AML charges | Is private equity taking over the profession? | Historic Shell emissions judgment overturned – but landmines remain | Hogan Lovells mistakenly discloses 4,321 privileged documents | Sun Life report: Canadian pension risk transfers exceed $3 billion in 2024

By Julius Melnitzer | March 23, 2025 DENTONS MUST FACE AML CHARGES The Law Society Gazette reports that the UK’s High Court has overturned the Solicitors Disciplinary Tribunal’s (SDT) dismissal of anti-money laundering charges against Dentons. The SDT ruled that Dentons’ breach was “inadvertent” and did not amount to professional misconduct. But on appeal by […]

Soaked to the Skin

Photo by Min An at Pexels By Murray Gottheil | March 17, 2025 I don’t consider myself a pessimist. I think of a pessimist as someone who is waiting for it to rain. And I feel soaked to the skin – Leonard Cohen I have a friend who is a dermatologist. I will call him Howard. Howard […]

Murray’s Masterclass in Managing Client Expectations

By Murray Gottheil | March 9, 2025 Photo by Max Fischer at Pexels At My First Rodeo Client (C):  We need to close this transaction in two weeks. Murray (M): That is impossible. C: The vendor said that his lawyer told him that deadline is perfectly reasonable. Why are you creating roadblocks? If you cannot get […]

BARE BONES BRIEFS: LST says 5-year “inordinate delay” causes “no prejudice” to investigated lawyer; “Ashamed” of “greedy” Big Law, lawyer leaves profession; Critics pile on UK PM for his “lawyer brain”; Study: PEI first, Quebec 10th, Ontario 5th in use of PI lawyers; Alexi launches large-firm AI workflow solution

By Julius Melnitzer | February 22, 2024 CHAOS RULES IN LAW SOCIETY DISCIPLINE INVESTIGATIONS A recent Law Society Tribunal (LST) decision leads to the vexing conclusion that a five-year delay in investigating complaints against lawyers causes no prejudice to them. And combined with the ongoing brouhaha about a $400,000 pay raise for a senior executive, […]

A Sucker’s Game

By Murray Gottheil | February 13, 2024 Imagine the following scenario: Jordan is a third year associate with Big Law targets. He typically achieves that target and receives a bonus of $18,000. He is also paid 10% of the billed and collected business that he brings in. Despite the “reasonableness” of the target, Jordan is […]

Titles are the Opium of the Masses

By Murray Gottheil | February 3, 2024 Unsuccessful people are the ones who are impressed by celebrity, by people’s names and titles – Robin S. Sharma In the old days, there were associates and partners. Every lawyer planned to work ridiculously hard as an associate for about seven years, after which the firm would invite them […]

Twenty-Four Hundred Hours

By Murray Gottheil | January 25, 2024 I spoke to two law firm partners this week: both told me that they were expected to put in 2,400 hours, consisting of 2,000 billable hours and 400 non-billable hours (administration, firm events, continuing education, business promotion, and mentoring) annually. I did some math to determine how many hours […]

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