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| NEW PRACTICE INFORMATION | ||
| Characteristics
of Successful Law Firm Compensation Systems Seventy-five percent of every fee dollar goes toward compensation in a law firm, be it partner compensation or associate and support staff salary and benefits. Compensation represents, in the aggregate, the largest and most significant set of transactions a law firm makes. Failure to attend properly to compensation issues can have disastrous consequences, including low productivity, high turnover, client dissatisfaction, low morale, and disputes with former partners and former and existing employees. Read on to learn tips for establishing a successful compensation plan. |
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| The
Paralegal Advantage The paralegal profession has revolutionized the practice of law. Paralegals provide many advantages, but the true benefit is based on the fact that when paralegals are properly integrated into the delivery of legal services, lawyers can raise the practice of law to its highest level. With changing client needs and increasing demands, lawyers are finding it necessary to handle a larger volume of work, which produces greater pressures, a higher intensity, and a faster pace. There is less time to focus on detail and less time to attend to the client. But when properly trained and utilized, a paralegal should be able to provide the lawyer with the type of support necessary to maintain or improve the quality of services and client satisfaction. |
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| The
Evolution of Investment Company Status Issues
Since 1996, many fascinating changes have occurred in the growth and evolution of investment company status issues. Most significantly, the National Securities Markets Improvement Act of 1996 (NSMIA) was enacted, resulting in major changes to a number of provisions of the Investment Company Act governing status issues. However, since then, many other developments have occurred. |
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| Opening
Isn't Closing The opening argument is trial law's most underrated weapon. Until closing, it is the only chance you will have to tell your client's story uninterrupted, save the occasional objection. But opening isn't closing. Neither the rules nor common sense allow you to argue as passionately. But if you want a decisive verdict, you must engage jurors emotionally from the start. |
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| Be
Nimble, Be Quick—and Be Flexible Given that voir dire is by its very nature a social interaction, a key to conducting voir dire is flexibility. There are four key areas in which lawyers must be flexible. |
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| NEW BOOKS FROM ABA PUBLISHING | ||
| Model
Web Site: A
Knowledge Management Approach to E-Business |
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| Inside
Practice
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