There’s an old joke in the legal profession that attorneys never retire.So the Indiana State Bar Association and Indiana
Judges and Lawyers Assistance Program have partnered to present three conferences
in late August about retirement preparation.
While alternative billing isn’t a brand new concept, more solo and small firm attorneys are offering this option to clients to help develop their businesses as clients are more likely to ask their lawyers the question: “What do I get for paying you for your time?”
Declining profits could be on the dockets of many law firms again this year.
Baker & Daniels, one of the largest Indiana-based law firms, has cut nine staff positions and implemented a wage freeze for operational staff.
Barnes & Thornburg, one of the largest Indiana-based law firms, has opened an office in Atlanta.
In what is believed to be the highest-ever payout of its kind in the state, the Indiana Department of Insurance will receive $16.5 million from a national legal malpractice insurer as part of a federal lawsuit settlement.
Hoosiers will soon be asked whether “ambulance chasing” attorneys should have to wait 30 days after an accident or injury before directly contacting potential clients by mail.