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Business of Law


Friday, June 09, 2017 @ 3:24 PM

Leaving a law firm gracefully | Warren Bongard

Law used to be a calling. Then it became a profession. Now it is a business. ... [read more]

Friday, June 09, 2017 @ 1:36 PM

Be true to self and brand when marketing laptop

For Kristine Anderson, the first thing was to understand what sets her law firm apart. ... [read more]

Friday, June 09, 2017 @ 8:40 AM

Change in values needed as firms shift away from billable hour targets | Julius Melnitzer

The news that global giant Linklaters, the archetypal bastion of lockstep compensation and individual billing targets, is moving away from these cornerstones, is both welcome and depressing news for the profession. ... [read more]

Friday, June 02, 2017 @ 9:03 AM

Branding, skillful mergers the keys to Big Law success | Julius Melnitzer

It used to be that beyond name recognition – logos and the like – branding served only a limited purpose for law firms who sold services based for the most part on the individual expertise of their lawyers or their practice groups. But as personal contact declined in a globalized, connected and online world, the elements that create and maintain relationships, personal or otherwise, have changed. As face time decreases and alternate modes of projection and communication emerge, of necessity a void is created. Branding is what fills that gap. It does so by establishing a framework within which today’s varied and frequently remote business connections – relationships if you will – can emerge and fortify. That’s why watching the Acritas Canada Law Firm Brand Index over the six-year life of the Index is so enlightening about the domestic legal market. ... [read more]

Thursday, June 01, 2017 @ 3:11 PM

Hi-Tech: 3D printing opens up IP can of worms | Luigi Benetton

Three-dimensional printing can be used to create all sorts of physical objects, from small toys to entire houses. Whole economies may be transformed if it’s cheaper to print products near where they’re sold instead of importing from faraway lands, and the effects on society don’t end there. Three-dimensional printing is also called additive manufacturing. It shapes raw materials into the desired form without the waste caused by subtractive manufacturing, or machining, where machines cut pieces of raw material to create objects. ... [read more]

Thursday, June 01, 2017 @ 10:31 AM

Female general counsel gain ground on company boards, says Blakes study Alison Jeffrey

Female general counsel in Canada have made significant inroads on the boards of companies, outperforming their male counterparts, according to a new study by Blake, Cassels & Graydon LLP. ... [read more]

Wednesday, May 31, 2017 @ 1:53 PM

Generation Z likely to face different playing field Generation Z

Will the next generation of lawyers be living with their parents or cozying up with friends in downtown condos? Will they be plugged 24/7 into their mobile devices? Will they even have conventional practices? ... [read more]

Thursday, May 25, 2017 @ 3:05 PM

McCarthy Tétrault takes 'natural next step' in move to New York Dave Leonard

McCarthy Tétrault will be waking up next month in the city that never sleeps, joining a handful of blue-chip Canadian law firms when it opens an office in New York, its first south of the border. ... [read more]

Tuesday, May 23, 2017 @ 2:35 PM

Law Society Awards set for May 24

Members of Ontario's legal professions will be recognized for their exceptional career achievements and contributions to their communities at the 2017 Law Society Awards ceremony on May 24 at Osgoode Hall in Toronto. ... [read more]

Thursday, May 18, 2017 @ 12:20 PM

Tax Views: Liability in non-arm's length transactions | Vern Krishna

As a general rule, a taxpayer is only responsible for his own taxes. However, an individual who receives property, whether directly or indirectly, in a non-arm’s length transaction, can become jointly and severally liable for the transferor’s outstanding taxes as at the date of the transfer if the transfer occurs at less than the fair market value of the property. ... [read more]