Question of the Month #4: Non-lawyer Ownership?

Our fourth question of the month. At this point, you know what to do. As always, please use the comments box to add thoughts, glosses, and, well, commentary. Is the prohibition against non-lawyers having an ownership interest in a law firm still a good idea? No,...

Adam Smith, Esq. in “Dinero”

In its latest issue, Dinero, Colombia’s most important business magazine, published an interview with our Bogotá-based Director, Antonio Leal Holguín. The interview is part of a special edition on law firms, which the magazine publishes once a year.  The special...

Fiscal Equinox (Observed)

With thanks to our friends at Thomson Reuters Legal Executive Institute. You spend from January 1 to April 23 devoting your revenue to paying taxes; After  April 23 (we’re talking averages here) another 40% of your year is “wasted” in...

The Decline of Litigation? Part 2

We haven’t talked yet about realization.  Shall we? The first time I saw this chart, it hit me between the eyes; your reaction may be similar.  In a nutshell: Even if litigation “demand” is more or less steady, what about revenue to law firms from that demand? In...
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