The Iran War Is Killing People, But How Has It Impacted Biglaw's Billables? - Above the Law
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The Iran War Is Killing People, But How Has It Impacted Biglaw's Billables? - Above the Law
"Kicking off a shooting war in the Middle East undeniably impacts lawyers. That's newsworthy within the industry. We covered it here at Above the Law, for example discussing the evacuation plans Biglaw firms activated when missiles started flying across the Middle East."
"The war has upended a region with major energy significance. But there's a subtle distinction between framing a headline around the war being 'a new challenge for global energy' and 'a big disruption for energy lawyers.'"
"Pairing it with an image of black smoke rising from an explosion gives real, 'Won't Someone PLEASE Think Of The Billables?!?' energy. Just show a generic oil tanker if you're trying to tell an energy market story."
The crisis in the Middle East has raised concerns among Biglaw partners regarding financial implications, such as yacht payments. Legal industry newsletters highlight the disruption caused by the war, particularly for energy lawyers. The situation has led to evacuation plans for lawyers in affected regions. While the war affects the energy market, framing it as a challenge for lawyers diminishes the human stakes involved. The economic impact is significant, but the focus on lawyers' inconveniences overshadows the broader implications of the conflict.
Read at Above the Law
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