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What Is ‘Big Law?’ | Explore Law Firms and Legal Advice
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What Is ‘Big Law?’ | Explore Law Firms and Legal Advice

The term “Big Law” refers to the nation’s very large firms, as defined by the number of lawyers, size of revenue and number of offices. Big Law firms are also “at the top of their practice,” says Jim Jones, who served as managing partner at Arnold & Porter and is now a senior fellow at Georgetown University Law School’s Center for the Study of the Legal Profession.To identify those firms, most in the legal community start by looking at American Lawyer’s annual list of the nation’s largest firms, which is considered law’s equivalent to the Fortune 500.American Lawyer began publishing its list in 1986. Comparing the lists of then and today, it’s clear that Big Law has become big business.In 1985, the top firms on American Lawyer's list, now commonly referred to as the "Am Law 100," had ...
What Is an Indictment? | Explore Law Firms and Legal Advice
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What Is an Indictment? | Explore Law Firms and Legal Advice

An indictment is a document that notifies the defendant of the charges against them. It is the beginning of the formal criminal process, says Daniel Richman, a former federal prosecutor and now the Paul J. Kellner Professor of Law at Columbia Law School.Under the Sixth Amendment of the Constitution, those accused of a crime must “be informed of the nature and cause of the accusation,” while the Fifth Amendment prohibits federal law enforcement officials from beginning prosecution of defendants accused of “a capital or otherwise infamous crime.” A grand jury must decide if a defendant should face prosecution for those serious crimes. Therefore, a grand jury indictment is part of how constitutional protections are met within the American justice system.While an indictment begins the process...
How to Run a Law Firm | Explore Law Firms and Legal Advice
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How to Run a Law Firm | Explore Law Firms and Legal Advice

Even the nation’s leading attorneys may wonder how to run a successful law firm.In fact, in June 2023, law firm advisors Patrick McKenna and Michael B. Rynowecer released a survey of 250 law firm leaders, the majority of whom work at the nation’s most prestigious firms. The survey revealed that most firm leaders (59%) had no job descriptions. Most weren’t trained for their positions, while only 11% had any formal evaluation of their performance.At the survey’s conclusion, McKenna and Rynowecer wondered how those same lawyers would respond to clients who allowed a multimillion-dollar corporation to be run by executives with as little experience as the lawyers themselves had.So, if you're wondering how to run a law firm, here's what to know.Is a Law Firm an Organization?A law firm is “a loo...