Category

Law

Are the Cultures of Law Firms Dying?

While at the NVCA meeting, I had a good discussion with a general counsel of a venture capital firm (name unreleased) who posited that cultures at law firms are dead / dying. His theory was that 10 years ago, one could hire a law firm not only based on skill, but also culture.  Some firms…

Legal On Ramp – A Joint for Lawyers

No, not weed, get your mind out of the gutter… I’ve recently joined a site called Legal On Ramp.  It’s a discussion and collaboration forum for lawyers and it looks really interesting.  I’m new to the group, but there are many good discussions, including a current one on the American Law Institute’s proposed changes to…

Wilson Sonsini Term Sheet Generator

Today, Wilson Sonsini Goodrich & Rosati announced the release of a new client tool:  The Venture Financing Term Sheet Generator. I’ve been using beta versions and it’s cool what they’ve come up with.  And to note, their own attorneys are using the tool.  Per their statement: Our attorneys use a more extensive version of the…

Why Be Personally Responsible When You Can Sue?

I saw a billboard last week for Who Can I Sue? and nearly puked.  Their stated mission is to: "provide (i) an efficient portal for its users to browse and find relevant information about a variety of legal claims, (ii) an ability for users to determine if they are qualified for a particular claim, and…

Lawyer Layoffs – What It Means To You

In case you haven’t heard, lawyers and legal professionals are being laid off at a rate never seen before. According to Law Shucks, one of my favorite blogs, over the past twelve months 3,489 lawyers have been laid off. This doesn’t include the 4,890 staff (paralegals and assistants) laid off, nor does it include “stealth”…

Footers on Your Presentations Aren’t Irrelevant

So, I’m not your lawyer, but… I’ve seen many presentations over the past day or so that have been missing some crucial legal boilerplate. Copyright:   Any time you give a PowerPoint/Keynote, etc. presentation the footer should read “(C) 200X ‘Company Name’ Proprietary and Confidential” where X is the year that you are claiming protection. It’s…

Our Investment in Law Firm 2.0

Every time we make an investment, we blog about it on our Foundry Group site.  Today, I’m especially excited about our latest announcement, as the company is a "bulls eye" in my Law Firm 2.0 thesis.  You can read all about FirstDocs on the Foundry post, but what I’ll tell you shortly here is that…

Healthy Ways to Tighten the Corporate Belt

My friend Amy Hartman, who recently started her own law firm specializing in employment matters wrote a great piece called "Feel the Burn." It’s a very informative, yet easy to read piece on strategies for cutting your company’s burn rate during these challenging times. Most of her advice is with her employment law hat on,…

Going Back To School

This past weekend, I went back to Ann Arbor, Mi to attend my 10th law school reunion.  Normally, I get hives when I’m around too many lawyers, but it was a fun event and reconnecting with old friends was pleasant.   There were three big takeaways from the weekend: 1.  Ten years out, it was surprising…

Vote No On Amendment 55

If you are a Colorado voter, you have a very important choice to make this Fall on Amendment 55.  You will be asked approve an amendment to the state’s constitution effectively ending "at will" employment arrangements. From the Faegre law firm: "Colorado voters are being urged to approve a constitutional amendment this fall that would…