Two law firms that have launched within the last year are seeking to update the all-remote formula with new ways to pay partners and deploy technology.
One of the firms, Lucendo, allows attorneys to receive equity distributions while also keeping as much as 90% of their collections. The other, Pierson Ferdinand, emphasizes technology with a mix of third-party products and internally developed software.
“We’re constantly poking holes in the system to see how we can make it better,” said Pierson Ferdinand co-founder Joel Ferdinand, formerly a managing partner at FisherBroyles, in an interview. “These are not buzzwords; we live and ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.