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Entries tagged “alternative law firm”

Rimon’s Michael Moradzadeh Writes in the American Bar Association Journal about How Law Firms Need to Adapt for Millennial Partners

insights Rimon’s Michael Moradzadeh Writes in the American Bar Association Journal about How Law Firms Need to Adapt for Millennial Partners Michael Moradzadeh · June 1, 2018

In this ABA Journal article, Rimon’s CEO, Michael Moradzadeh, writes how law firms need to adapt in order to meet the expectation of millennials, who are now rising in the ranks within these law firms. He explains how Rimon Law developed its business model based on these shifting expectations and technology, resulting in an ability to…

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Rimon Article in Law360: Companies Should Avoid the BigLaw Bonus Structure

insights Rimon Article in Law360: Companies Should Avoid the BigLaw Bonus Structure Michael Moradzadeh · March 22, 2018

In this Law360 article, Rimon’s CEO Micahel Morazadeh, writes that companies should avoid the “BigLaw Bonus” compensation structure as it ultimately leads to financial instability in the company and dissatisfaction in the company’s workforce. He writes about how this has led to the downfall of many storied law firms. Click here to view the article.

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Rimon’s CEO Featured in Law Practice Today

insights Rimon’s CEO Featured in Law Practice Today Michael Moradzadeh · March 20, 2018

Michael Moradzadeh role as Managing Partner and CEO of Rimon was featured by Law Practice Today, where he discussed what goes into effective management, the difficult decisions a manager has to make, and the main challenge facing law firms today. Click here to view the full interview.

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Forbes Article by Rimon CEO: Law Firms Join The Destructive Dance To Higher Associate Salaries

insights Forbes Article by Rimon CEO:  Law Firms Join The Destructive Dance To Higher Associate Salaries Michael Moradzadeh · July 15, 2016

(Go directly to article in Forbes here.) In the most enduring and infamous comment from the subprime meltdown, former Citigroup CEO Chuck Prince explained away his company’s disastrous leveraged lending before the crash with the comment that “as long as the music’s playing, you’ve got to get up and dance.” This comment is a perfect example…

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Is the Traditional Law Firm Compensation System Hurting Clients, Lawyers, and Law Firms?

insights Is the Traditional Law Firm Compensation System Hurting Clients, Lawyers, and Law Firms? Michael Moradzadeh · June 1, 2016

The start of a new year is always a time for big changes in a law firm partner’s life. Suddenly, lawyers get to meet all new people. Why? Because the start of the year is when laterals — partners and associates — start jumping firms. This is not due to exciting New Year’s resolutions to…

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Harvard Business Review Points to Rimon in Piece on New Model Law Firms

news September 1, 2015

Harvard Business Review featured Rimon as a disruptive innovator competing successfully for legal matters that require high-level expertise in its article titled Law Firms’ Grueling Hours Are Turning Defectors into Competitors by Joan C. Williams.

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Rimon’s Michael Moradzadeh writes in Law360 about moving beyond the grow or die law firm model

insights Rimon’s Michael Moradzadeh writes in Law360 about moving beyond the grow or die law firm model Michael Moradzadeh · March 17, 2015

Law360 published a recent article by Rimon, P.C. CEO Michael Moradzadeh examining how the traditional law firm model is withering on the vine. The piece, which was one of the site’s 10 most widely read articles of the week, notes that despite recent mega-mergers, law firms remain a “hierarchical structure…a legacy of feudal guilds and apprenticeships.”…

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Time for a New Kind of Law Firm

insights Time for a New Kind of Law Firm Michael Moradzadeh · February 2, 2015

The traditional law firm is based on an outdated feudal system that creates inefficiency, unhappy lawyers, and underserved clients. Adopting business models from other industries, cloud computing, and virtualization has allowed for new law firm models. These models allow attorneys better lives through increased freedom and productivity, and also allow for better client service. Traditional law firms…

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Law Firm 3.0: Thinking Beyond the Virtual and Conventional Models

insights Law Firm 3.0: Thinking Beyond the Virtual and Conventional Models Michael Moradzadeh · January 5, 2015

Cloud technology allows attorneys to work anywhere they have a secure internet connection. This provides for greater flexibility, happier lawyers, higher profits, and better-served clients. However, a pure virtual law firm is not the answer. Cafes might work for some meetings, but often a brick and mortar office is necessary. Law firms need to think outside the cloud…

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Convergence: Growing Dissatisfaction with Biglaw and the Rise of the Alternatives

insights Convergence: Growing Dissatisfaction with Biglaw and the Rise of the Alternatives Yaacov P. Silberman · Convergence: Growing Dissatisfaction with Biglaw and the Rise of the Alternatives Michael Moradzadeh · November 14, 2014

Presentation by Rimon, P.C. CEO, Michael Moradzadeh and COO, Yaacov Silberman Evolutions in technology, the economy and business culture are forcing a change in the legal industry. Rimon’s CEO and COO share how Rimon and other alternative legal services companies are changing the way lawyers practice law and how clients are ultimately the ones to…

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