NewsLine

July/August 2006

Law | Business | Information | Research | Surveys

ALM Research is a business within ALM Media, Inc. separate from the Editorial Division. ALM Research does not play a role in the surveys published by ALM’s publications such as The American Lawyer and The National Law Journal, but works with the data from their surveys after it is published. ALM Research conducts and publishes other independent research identified as ALM Research products. NewsLine is a free bi-monthly electronic newsletter published by ALM Research. If you are receiving this issue as a forward and would like to become a subscriber, please sign up here.

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For Your Information  Associate Surveys

Summer and fall have come to represent two kinds of associate seasons within the business of law. Each summer, in internships across the country and in branch offices around the world, law school students experience what it’s like to be a “Real Lawyer”. And each fall, many former summer associates do become real-life first-year associates at the law firms in which they interned. ALM’s many magazines and newspapers capture these experiences in various reports, several satisfaction surveys, and numerous surveys about law firm hiring and compensation. ALM research reports as well as the data and rankings from these surveys – including past surveys – provide valuable analysis and guidance to law firm management and are available through ALM Research.

You can click right to the descriptions of the types of reports available, by format (they are underlined below in the sub-section called Associate-Related Reports Available). But history buffs and those who enjoy scrutinizing the finer details of methodology, I have included a little background on the history of the methodology, and the reporting cycles for the associate experience in ALM publications.


~ Margaret Daisley,
NewsLine Editor


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In the News | In the Database  Practice Area Information

You cannot read about a case or deal without it referencing a particular practice area. Within the ALM family of publications, think “Big Deals and Big Suits,” “Lateral Moves,” “Corporate Scorecard,” “Who Represents IP America,” to name just a few. The feature or article may reference a very broadly defined area (e.g., litigation, transactions, banking, bankruptcy) or it might refer to an area of expertise that sounds a bit more esoteric (medical devices, global corporate migration, Supreme Court litigation).

When someone tells me they want more information about “practice areas,” I find they usually want more information about a particular practice area of a particular firm – the one sitting across the table from their firm in a current deal or suit. They want to know if their competitor has been beefing up their IP and trademarks department or their venture capital group by hiring laterals. And have they been building that practice area through cherry-picking? Through acquiring a boutique or department? Through a merger of equals? And of course, they want to know where there is opportunity to build up their own practices areas, either through client development, acquisition or mergers.


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Industry News Laterals
You see the news reports so frequently that you barely see them at all:

New York IP Attorney Returns to Boutique Roots. Littler Mendelson’s Global Migration Group Gets Bigger With San Jose Acquisition. Milberg Weiss, Name Partners Plead Not Guilty as More Lawyers Head for the Exits. Cozen Captures Two Smith Moore Insurance Attorneys. Manatt Phelps Adds Three NY Partners.

Like the ebb and flow of the tide, the news about lateral moves has become so routine and cyclical that it rarely captures your attention, despite the fact that every ALM publication includes a column tracking these comings and goings of partner-level lawyers, e.g. The American Lawyer’s “Book of Business”; National Law Journal’s “Movers”; Corporate Counsel magazine’s “Moves”.

You don’t see the news about laterals unless, perhaps, you know the names of those involved – the lawyer and the law firm, company, or other organization that the lateral partner moves to or from. We all notice the news when it is someone we all know, as in the case of former New York City mayor Rudy Giuliani joining the Texas-based firm which changed its name for him, Bracewell & Giuliani. And you might sit up and take notice when it is man-bites-dog story, as was the case in 2001 when Cravath, Swaine & Moore reputedly lost its first partner ever, when Daniel Cunningham was wooed to Allen & Overy’s London office.



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Inside information  The One With The Brains
Kate Daisley, marketing manager for ALM Research, is responsible for marketing the online database, ALM Research Online and all the individual transactional products associated with the research division and the database -- spreadsheets, law firm reports, individual articles, surveys, custom research, the blog, and the newsletter. That’s just for starters. Kate devotes a significant amount of time on product development and business development for ALM Research, initiating and managing relationships with business partners and associations. She also works closely with the technical and marketing groups at Alacra, our partner in building and powering and enhancing www.almresearchonline.com.

Kate’s favorite part of the job is interacting with people in the industry. “I like to talk with people who use data on a day-to-day basis,” she says. Whether it’s in a field call or a chat at a conference, Kate likes getting an earful of what people say they want, especially from the subscription standpoint. “It helps us to make better products and services,” she says, “which forces us to be creative. And that’s the best part –coming up with new ideas and products that are meaningful and relevant.”


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Editor's Note Blogging
When I told my book group a few months ago that I am now contributing to the ALM Research Blog, their response was unanimously somewhat uninformed and negative: “Isn’t that like reading someone’s diary online?” “Does anybody really read those things? I think it’s just another fad.” And now one of our members, newly pregnant, is writing a blog about her experience as a mom-to-be. And the ALM Research Blog, launched just nine months ago, is receiving excellent traffic.

If you are in marketing and you haven’t yet ramped up your knowledge curve about Weblogs, now known more familiarly as “blogs,” you may as well go back to reading Gutenberg-era texts. Tune in to the “blogosphere” and you will quickly learn that they have become an integral part of the legal industry – not as diaries, for the most part, but as forums for reporting and editorializing on, and analyzing laws and the legal industry.


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Just Released Three New Reports on The Industry


2006 Law Firm Business Development Practices Survey


2006 Law Firm Outsourcing Survey


2006 Global Law Firm Knowledge Management Survey


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