Rimon’s CEO, Michael Moradzadeh, writes about the Path Forward for Law Firms in the Post-COVID World in the American Lawyer Magazine’s Recorder
News Michael Moradzadeh · July 24, 2020
The legal industry can learn a thing or two from new-model firms like Rimon.
Rimon Founding Partner and CEO, Michael Moradzad discusses how Rimon has addressed three detrimental elements of archaic traditional firms and a call-to-action in the COVID-19 era of the legal industry.
"These three elements of the traditional legal industry—the maintenance of large and expensive office space; the annual payout and its detrimental effects on the firm’s finances; and the narrow focus on immediate profits per partner—are each unproductive business decisions. Combined, they are potentially disastrous." - Michael Moradzadeh
Read the full American Lawyer Magazine's Recorder article here.
Michael Moradzadeh is a founding partner and CEO of Rimon, and represents technology companies in corporate and securities transactions. He has presented on innovations in law firm management and business models at Harvard Law School, Stanford Law School, UC Berkeley Law School and UC Hastings College of the Law. His innovations with Rimon have received awards from the Financial Times and the American Bar Association Journal and have appeared in a variety of international publications, including The Economist, The American Lawyer magazine and the National Law Journal.