
Emma R. Larson, Asset Finance Partner in Seattle
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Emma R. Larson, Asset Finance Partner in Seattle
I was looking for a better way to maintain and build my niche practice in asset finance when I joined Rimon from White & Case. I knew I needed a cost structure that provided greater value to my clients as well as experienced partners in complementary service areas to meet the needs of my cross-border practice. In addition, I was looking for a firm that placed a low premium on bureaucracy and politics and trusted its partners to grow their own practices. Rimon gives me the flexibility to manage the unpredictable nature of a cross-border practice with the demands of a dual career family. I am now well placed to meet industry needs and excited about the innovative structures Rimon has to offer.
94%
ATTORNEY RETENTION RATE
10+
NEW OFFICES SINCE 2021
40%
CROSS-SERVICE RATE
28%
GROWTH IN ATTORNEY HEADCOUNT
17%
REVENUE INCREASE PER PARTNER
50+
AREA OF EXPERTISE
Hover over a partner below to learn about why they chose Rimon.
My clients are very sophisticated and expect the best, so I am very careful about who I trust to work with them. Fortunately, at Rimon, I know I can trust all the members of our team. Over ten Partners in Rimon’s team, across five states, three continents, and several practice groups (including litigation, corporate, tax, intellectual property, estate planning, and more) work closely with me to serve my music and entertainment clients. Meanwhile, Rimon’s flexible structure allows me to live where I want, and how I want, without sacrificing quality. My clients have been very pleased with my move to Rimon.
I was a Partner at Gibson Dunn and Clifford Chance before I joined Rimon. Rimon gives senior, experienced Partners (20-plus years), who are seen by their clients as go-to practitioners, the chance to work freely, flexibly and collaboratively with like-minded souls in order to vastly improve upon the service and fee flexibility demanded by global clients.
I was a Partner at Katten before I joined Rimon. Rimon has been a great career choice for me. Rimon is a team of highly skilled lawyers at the top of their respective fields. Equally important, Rimon lawyers are special people that are cognizant of the day to day challenges lawyers face, be it childcare or eldercare, that other law firms unsuccessfully try to address. Rimon puts a premium on taking time to manage your family life while still servicing clients at the highest level. When thinking about joining the firm one colleague told me we actually like each other. It is true. I enjoy spending time with my colleagues both professionally and personally. Rimon is ahead of its time in defining a new law firm model.
Having been at two very large firms as well as having run my own firm, I was looking for a firm that would give my clients the benefits of a big law firm without the downside. Rimon provides our clients with comprehensive representation by a team of top attorneys without the downside of excessively high legal bills. Rimon is a full-service firm packed with excellent attorneys in fields such as IP, corporate, M&A and tax. This quality team is what my clients need to help their businesses prosper.
Joining Rimon was truly ideal for me, as the firm emphasizes a work/life balance and encourages us to draw on each other’s skill sets to maximize client service. Also, joining Rimon at this time is a unique and exciting opportunity for me in the midst of historic changes in the financial services industry.
Rimon’s compensation structure allows lawyers to receive a fixed percentage (which is higher than any law firm that I know of) for the work they generate as well as a fixed fee for hours spent working for other lawyers’ clients. It’s clear and transparent.
I was a Partner at Jones Day and Baker McKenzie before I joined Rimon. When you’re a lawyer, you expect the demands and stresses that can be created by clients, but you don’t appreciate the internal stresses of large law firm bureaucracy. At Rimon, I have greater autonomy to run the practice the way I want to run it.
I joined Rimon from Orrick because it has a great combination of depth and breadth, a perfect balance of quality and costs, and natural flexibility in time and location. Within a year or two of joining Rimon, I have brought in a number of Fortune 100 company clients, and in the last six months alone, I have worked with over 40 other Rimon partners on significant matters. I now represent well-known Chinese technology companies such as Alipay and Xiaomi relating to various aspects of doing business in the U.S., including significant litigation matters. I have also represented other Chinese/Taiwanese companies in ITC litigation and billion-dollar litigation matters.
Before Rimon, I was a Partner at Freshfields and Herbert Smith. Rimon’s model flips the financial model of traditional law firms on its head. Experienced partners take home more of what they bring in, without sacrificing the sophisticated camaraderie and support that the firm provides. Nearly 100% of my clients have come with me to Rimon.
I was a Partner at Orrick before coming to Rimon. I chose Rimon over the traditional law firms I was considering because Rimon gives me more flexibility in how I staff my cases, bill my clients, and divide my time between billable and non-billable work. It also has eliminated guesswork and politics from the partner compensation system — a unique feat. And yet it offers the infrastructure I need to practice IP litigation at the highest level, plus a great team of attorneys with whom to collaborate.
I was looking for a better way to maintain and build my niche practice in asset finance when I joined Rimon from White & Case. I knew I needed a cost structure that provided greater value to my clients as well as experienced partners in complementary service areas to meet the needs of my cross-border practice. In addition, I was looking for a firm that placed a low premium on bureaucracy and politics and trusted its partners to grow their own practices. Rimon gives me the flexibility to manage the unpredictable nature of a cross-border practice with the demands of a dual career family. I am now well placed to meet industry needs and excited about the innovative structures Rimon has to offer.
I joined Rimon from Dickstein Shapiro, where I was also a Partner. I have become as impressed with the depth of thinking that has gone into building the Rimon team as I have with its capabilities. The sensitivity and responsiveness of Rimon’s lawyers to the needs and concerns of startups, as well as to the largest and most sophisticated users of legal services, stems from the core values of excellence, innovation, and community. This resonates well with both the entrepreneurs and investors that are my clients.
Frankly, removing inefficiency and unnecessary expenditures just makes so much sense, not only from a businessman’s perspective but from a client’s as well. That was my aim when I joined Rimon: to remove inefficiencies at work so I wouldn’t have clients stuck with the cost of them. At Rimon, I am able to keep a broad focus without getting involved with the bureaucracy of private practice.
My clients are smart and sophisticated consumers of legal services. They have interesting and challenging issues to resolve. I had to join a firm that would meet their high standards and that would provide me with the best resources to optimize my practice. After working at traditional large law firms and serving on my last firm’s management committee, I was acutely aware of the dramatic changes impacting the legal industry itself. It was important to me to join a law firm that had examined the traditional firm structure and improved upon it. Rimon offered my clients and me all those things and more.
As a commercial attorney, I chose Rimon because my clients benefit from having access to outstanding corporate, real estate, tax, intellectual property, commercial litigation and estate planning legal services when needed. The depth and breadth of experience in these areas of law at Rimon is fabulous. I was drawn to and continue to be impressed by Rimon’s flexible legal structure and support for its attorneys. Rimon emphasizes what it can do to enhance client service. The firm consistently provides the most effective legal technologies and tools that make the practice of law easier and more efficient. Rimon evaluates new developments and is quick to adapt to change. I am so pleased to be part of the Rimon family.
I was immediately drawn to the creative manner in which the firm combines the key strengths of a traditional law firm with the new flexibility of a digital age. The ethos of the firm shines brightly and can be seen in the support the firm provides to its lawyers in all aspects of the day to day management of their practices, the focus on increasing efficiency, the flexibility the lawyers have within the Rimon system to develop and serve their clients, and the camaraderie amongst the various teams. The firm’s cutting-edge approach to the practice of law, and the execution of that vision, has attracted an extremely talented group of lawyers who are hard-working, entrepreneurial, responsive, and results-driven. All of these elements make the practice of law so enjoyable.
The stress at Big Law is higher rates, national clients, hitting those hours to enrich the equity partners. That model doesn’t exist in Rimon. I have a range of rates I use depending on who the client is, what the subject matter is, and who’s doing the work. The firm gives me complete control over that piece of it. Also, when it comes time for compensation at a traditional firm, you know if you’ve hit your hours, but you have no clue what that means. There is this guessing game as to what your compensation next year is going to be, or what your bonus is going to be. By comparison, Rimon allows compensation calculations in real time by viewing his collections on the firm’s website. Rimon’s firm’s compensation model doesn’t include hourly minimums or “subjective” compensation decisions.
Allen & Overy ‧ Alston & Bird ‧ Arent Fox ‧ Baker McKenzie ‧ Blank Rome ‧ Bryan Cave ‧ Clifford Chance ‧ Allen & Overy ‧ Alston & Bird ‧ Arent Fox ‧ Baker McKenzie ‧ Blank Rome ‧ Bryan Cave ‧ Clifford Chance
Crowell & Moring ‧ Davis Wright Tremaine (Practice Group Chair) ‧ Dentons ‧ DLA Piper ‧ Duane Morris Foley & Lardner ‧ Fried Frank ‧ Crowell & Moring ‧ Davis Wright Tremaine (Practice Group Chair) ‧ Dentons ‧ DLA Piper ‧ Duane Morris Foley & Lardner ‧ Fried Frank
Gibson Dunn ‧ Goodwin ‧ Gunderson Dettmer ‧ Greenberg Traurig ‧ Holland & Knight ‧ Jones Day ‧ Katten Muchin Rosenman ‧ Gibson Dunn ‧ Goodwin ‧ Gunderson Dettmer ‧ Greenberg Traurig ‧ Holland & Knight ‧ Jones Day ‧ Katten Muchin Rosenman
King & Spalding ‧ Kramer Levin ‧ Manatt ‧ McDermott Will & Emery ‧ Milbank Morgan Lewis ‧ Morrison & Foerster ‧ King & Spalding ‧ Kramer Levin ‧ Manatt ‧ McDermott Will & Emery ‧ Milbank Morgan Lewis ‧ Morrison & Foerster
Nixon Peabody ‧ Orrick ‧ Pillsbury Winthrop ‧ Reed Smith ‧ Saul Ewing ‧ Sheppard Mullin ‧ Squire Patton Boggs ‧ White & Case ‧ Winston & Strawn ‧ Nixon Peabody ‧ Orrick ‧ Pillsbury Winthrop ‧ Reed Smith ‧ Saul Ewing ‧ Sheppard Mullin ‧ Squire Patton Boggs ‧ White & Case ‧ Winston & Strawn
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INFRASTRUCTURE | ||||
INFRASTRUCTURE | ||||
International offices with global reach | ||||
International offices with global reach | ||||
Access to office space | ||||
Access to office space | ||||
Investment in artificial intelligence and automation technology | ||||
Investment in artificial intelligence and automation technology | ||||
Decentralized and distributed workforce | ||||
Decentralized and distributed workforce | ||||
Lack of committees/bureaucracy | ||||
Lack of committees/bureaucracy | ||||
Structured so attorneys can live and work where they want | ||||
Structured so attorneys can live and work where they want | ||||
TEAM AND SUPPORT | ||||
TEAM AND SUPPORT | ||||
All Partners have many years of proven excellence | ||||
All Partners have many years of proven excellence | ||||
Attorneys work closely together as a team | ||||
Attorneys work closely together as a team | ||||
Associate and paralegal support | ||||
Associate and paralegal support | ||||
Full-service team of legal specialists | ||||
Full-service team of legal specialists | ||||
Marketing support | ||||
Marketing support | ||||
IT support | ||||
IT support | ||||
Administrative support | ||||
Administrative support | ||||
Full-time and dedicated management team | ||||
Full-time and dedicated management team | ||||
Computers, software, research tools, office supplies | ||||
Computers, software, research tools, office supplies | ||||
ECONOMICS | ||||
ECONOMICS | ||||
Objective compensation model | ||||
Objective compensation model | ||||
Low fixed overhead | ||||
Low fixed overhead | ||||
Flexibility in hours billed | ||||
Flexibility in hours billed | ||||
Attorneys paid in full every month with no compensation withheld or delayed | ||||
Attorneys paid in full every month with no compensation withheld or delayed | ||||
No capital contribution requirement | ||||
No capital contribution requirement | ||||
Flexibility in billing rates and value-based billing | ||||
Flexibility in billing rates and value-based billing | ||||
Healthcare and benefits | ||||
Healthcare and benefits |
Rimon’s compensation model is based on this clear and purely objective formula, leaving no room for politics, confusion, or bureaucracy. For your convenience, we have provided this compensation calculator to help you determine what your estimated income would be at Rimon.
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* This estimate includes salary and Federal Payroll Taxes for your team but does not include the cost of benefits or state payroll taxes. The calculations for inbound and outbound revenue is just an estimate and depends on relevant internal fees, which are variable and up to the individual attorneys. Please contact recruiting@rimonlaw.com to apply for a lateral attorney position or to learn more. All contacts will be kept strictly confidential.
If most of the following statements apply to you, then yes:
Rimon takes the best elements of the traditional law firm — collaboration and support — and joins them with the power and flexibility of new technology and a new outlook. Rimon’s “spherical structure” gives our attorneys full autonomy over how they want to work with their clients, while our highly secure cloud technology allows our attorneys to work where they want, when they want. Through thoughtful management, Rimon encourages collaboration rather than competition within the firm. Our compensation structure is purely objective, thus eliminating most hierarchy, politics, or unnecessary bureaucracy within the firm. The result is happier attorneys and better served clients.
Rimon’s compensation model is based on a clear and purely objective formula, leaving no room for politics, confusion, or bureaucracy. This formula ensures that everyone’s interests are aligned, including the originating attorney, the servicing attorney, the client, and the firm. Click here to see the formula.
The conventional law firm model has a pyramid structure — the higher you go the narrower it gets — that is based on the notorious “up-or-out” career path and encourages bureaucracy, politics, and pushing work down to less experienced attorneys. A flat model, like AxiomLaw or virtual law firms, allows attorneys to work individually with clients, but without much support from the firm. Rimon’s spherical structure allows attorneys to work directly with clients, with no pressure from above or below, but it also provides support from a close-knit team of other partners, associates, and staff. It is more efficient than a pyramid model, allows for more sophisticated work than a flat model, and is more flexible than both.
Rimon is not a virtual law firm. A virtual law firm is an umbrella organization in which attorneys work under a single brand, but not as a true team. That model is ideal for attorneys with a solo practice who want to practice under a single firm umbrella. Rimon’s model is a hybrid, where each attorney has the independence of a virtual firm combined with the collaboration and support of a traditional high-end bricks-and-mortar firm. We have a strict vetting system to make sure all attorneys who join us are not only of the highest caliber but also highly collaborative in their practice. This ensures both quality and collegiality.
We do not believe in a one-size-fits-all approach. We talk with each of our attorneys to learn what their needs are, and if what the attorney needs is financially feasible, we provide it. For example, if an attorney wants to go into a physical office every day in order to better serve their clients, then we provide office facilities. If, however, the attorney would rather work from home and use an office only for meetings, we provide that instead.
We provide everything that our attorneys need to serve their clients well, including administrative support, IT support, paralegal support, a collaborative platform, PR/marketing support, research tools, office equipment, billing, client intake, accounting, office space, etc. We do not believe in a one-size-fits-all approach; we meet each individual attorney’s needs, within the bounds of financial sense. For an attorney whose clients are best served from a physical office, and whose work level requires a full-time assistant — we provide that. For an attorney who prefers to work from home, using an office only for meetings — we provide the physical space and the virtual support to make that happen.
Rimon is primarily managed by its founders, Michael Moradzadeh and Yaacov Silberman. Unlike in the conventional law firm model, Rimon’s management does not micromanage how our attorneys choose, serve, or bill their clients. Instead, they focus on increasing collaboration within the firm, facilitating discussion among the attorneys, growing the firm, and making sure all of the attorneys are getting the support they need to serve our clients well.
Rimon’s attorneys are highly experienced professionals who do not need management looking over their shoulders. Once attorneys are in the firm, they have full flexibility in billing and practice. Their ideas about growth and innovation in the firm are welcome. In fact, most of the greatest innovations in Rimon’s model have come from our attorneys rather than management.
Rimon’s model allows attorneys to work wherever they want without sacrificing quality or connectivity with their colleagues. This allows for maximum flexibility. Some of our attorneys choose to go into an office every day. Others choose to work from home and go to one of our offices from time to time for meetings or simply to get away. Some of our attorneys live far from their designated office and come in only when they have to. In addition to all of our official offices, Rimon also has an agreement with Regus, which allows our attorneys to access offices all over the world when needed.
Rimon’s clients range from Fortune 10 multinational corporations to early-stage start-ups and high-net-worth individuals. Our clients span many sectors including technology, finance, entertainment, and higher education. While most of our clients are highly confidential, you can see a small sample of them here.
Rimon’s platform was specifically designed to increase collaboration through many mechanisms including:
Before an attorney joins, we make sure all the other attorneys in the firm know about the attorney’s background, interests, and practice. Once the attorney joins, our intake team works with them to train them on our systems and to transition their files and clients smoothly. We connect the new attorneys with the colleagues they are most likely to work with so they can discuss avenues for immediate collaboration. We also introduce them to the entire firm by video in the first semi-monthly meeting after they join, giving them the opportunity to tell everyone in the firm about their practice and how others might work with them. After that point, their integration progresses through our continued intake trainings, triannual retreats, internal “virtual water cooler,” local get-togethers, semi-monthly one-on-one calls, semi-monthly firm-wide video conferences, group video calls, and other regular teambuilding opportunities.
Rimon is a distributed law firm that uses cloud technology to bring all our attorneys and offices together. As a result, none of our attorneys are “remote” since access to the firm’s platform and team is equal regardless of location. Rimon’s administrative staff is also distributed and equally accessible. Rimon’s first office was in Silicon Valley where it was founded, but this office is no different than any of the other offices.
A Rimon attorney working for their own originated clients has absolute discretion in billing. When an attorney works for another’s originated client, the two have full autonomy to agree on whatever billing arrangement best suits them and the client.
If most of the following statements apply to you, then yes:
Rimon takes the best elements of the traditional law firm — collaboration and support — and joins them with the power and flexibility of new technology and a new outlook. Rimon’s “spherical structure” gives our attorneys full autonomy over how they want to work with their clients, while our highly secure cloud technology allows our attorneys to work where they want, when they want. Through thoughtful management, Rimon encourages collaboration rather than competition within the firm. Our compensation structure is purely objective, thus eliminating most hierarchy, politics, or unnecessary bureaucracy within the firm. The result is happier attorneys and better served clients.
Rimon’s compensation model is based on a clear and purely objective formula, leaving no room for politics, confusion, or bureaucracy. This formula ensures that everyone’s interests are aligned, including the originating attorney, the servicing attorney, the client, and the firm. Click here to see the formula.
The conventional law firm model has a pyramid structure — the higher you go the narrower it gets — that is based on the notorious “up-or-out” career path and encourages bureaucracy, politics, and pushing work down to less experienced attorneys. A flat model, like AxiomLaw or virtual law firms, allows attorneys to work individually with clients, but without much support from the firm. Rimon’s spherical structure allows attorneys to work directly with clients, with no pressure from above or below, but it also provides support from a close-knit team of other partners, associates, and staff. It is more efficient than a pyramid model, allows for more sophisticated work than a flat model, and is more flexible than both.
Rimon is not a virtual law firm. A virtual law firm is an umbrella organization in which attorneys work under a single brand, but not as a true team. That model is ideal for attorneys with a solo practice who want to practice under a single firm umbrella. Rimon’s model is a hybrid, where each attorney has the independence of a virtual firm combined with the collaboration and support of a traditional high-end bricks-and-mortar firm. We have a strict vetting system to make sure all attorneys who join us are not only of the highest caliber but also highly collaborative in their practice. This ensures both quality and collegiality.
We do not believe in a one-size-fits-all approach. We talk with each of our attorneys to learn what their needs are, and if what the attorney needs is financially feasible, we provide it. For example, if an attorney wants to go into a physical office every day in order to better serve their clients, then we provide office facilities. If, however, the attorney would rather work from home and use an office only for meetings, we provide that instead.
We provide everything that our attorneys need to serve their clients well, including administrative support, IT support, paralegal support, a collaborative platform, PR/marketing support, research tools, office equipment, billing, client intake, accounting, office space, etc. We do not believe in a one-size-fits-all approach; we meet each individual attorney’s needs, within the bounds of financial sense. For an attorney whose clients are best served from a physical office, and whose work level requires a full-time assistant — we provide that. For an attorney who prefers to work from home, using an office only for meetings — we provide the physical space and the virtual support to make that happen.
Rimon is primarily managed by its founders, Michael Moradzadeh and Yaacov Silberman. Unlike in the conventional law firm model, Rimon’s management does not micromanage how our attorneys choose, serve, or bill their clients. Instead, they focus on increasing collaboration within the firm, facilitating discussion among the attorneys, growing the firm, and making sure all of the attorneys are getting the support they need to serve our clients well.
Rimon’s attorneys are highly experienced professionals who do not need management looking over their shoulders. Once attorneys are in the firm, they have full flexibility in billing and practice. Their ideas about growth and innovation in the firm are welcome. In fact, most of the greatest innovations in Rimon’s model have come from our attorneys rather than management.
Rimon’s model allows attorneys to work wherever they want without sacrificing quality or connectivity with their colleagues. This allows for maximum flexibility. Some of our attorneys choose to go into an office every day. Others choose to work from home and go to one of our offices from time to time for meetings or simply to get away. Some of our attorneys live far from their designated office and come in only when they have to. In addition to all of our official offices, Rimon also has an agreement with Regus, which allows our attorneys to access offices all over the world when needed.
Rimon’s clients range from Fortune 10 multinational corporations to early-stage start-ups and high-net-worth individuals. Our clients span many sectors including technology, finance, entertainment, and higher education. While most of our clients are highly confidential, you can see a small sample of them here.
Rimon’s platform was specifically designed to increase collaboration through many mechanisms including:
Before an attorney joins, we make sure all the other attorneys in the firm know about the attorney’s background, interests, and practice. Once the attorney joins, our intake team works with them to train them on our systems and to transition their files and clients smoothly. We connect the new attorneys with the colleagues they are most likely to work with so they can discuss avenues for immediate collaboration. We also introduce them to the entire firm by video in the first semi-monthly meeting after they join, giving them the opportunity to tell everyone in the firm about their practice and how others might work with them. After that point, their integration progresses through our continued intake trainings, triannual retreats, internal “virtual water cooler,” local get-togethers, semi-monthly one-on-one calls, semi-monthly firm-wide video conferences, group video calls, and other regular teambuilding opportunities.
Rimon is a distributed law firm that uses cloud technology to bring all our attorneys and offices together. As a result, none of our attorneys are “remote” since access to the firm’s platform and team is equal regardless of location. Rimon’s administrative staff is also distributed and equally accessible. Rimon’s first office was in Silicon Valley where it was founded, but this office is no different than any of the other offices.
A Rimon attorney working for their own originated clients has absolute discretion in billing. When an attorney works for another’s originated client, the two have full autonomy to agree on whatever billing arrangement best suits them and the client.
The conventional law firm model is due for an upgrade. It was first established over 100 years ago, and along the way has grown into a large bureaucratic system. In the meantime, the world has changed thanks to technology and changes in society. In 2008, Rimon’s founders saw these shifts in technology and society as an opportunity to create a better model law firm. One that was better for clients as well as the law firm lawyers and staff. Since its inception in 2008, Rimon, P.C. has repeatedly been recognized for its innovation and excellence by sources like the ABA Journal, American Lawyer, the Atlantic, Harvard Law School, and the Financial Times. In this white paper, Rimon’s founders describe what went wrong with the conventional law firm model and how it is ripe for disruption.
To learn more or to apply, please use the form below or send an email to recruiting@rimonlaw.com.
All communications will be kept in the strictest confidence.
© 2023 Rimon, P.C. - San Francisco, CA. All Rights Reserved.
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