Rimon Law P.C.

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Rimon P.C. is a law firm in the United States, Israel, Europe, and China that specializes in corporate law, litigation, financial services, private client services, life sciences, intellectual property, and tax law. [1] The firm has 20 locations across the U.S., Israel, Europe, and China. Rimon is an "alternative" law firm, combining cloud computing, efficient office space, and a distributed workforce. [2]

A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.

Contents

History

Rimon was founded in 2008 in San Francisco, CA. Its founding partners, Michael Moradzadeh and Yaacov Silberman, met in 2004 while working as corporate attorneys at white shoe firm Ropes & Gray. Envisioning a new firm structure with more technology, and less bureaucracy and hierarchy, Moradzadeh and Silberman left the firm to develop Rimon. Through connections in Israel, the firm was able to begin its life with an international presence. [3]

Michael Moradzadeh is the CEO of international law firm Rimon Law P.C. He established the firm in 2008 with COO Yaacov Silberman.

Ropes & Gray

Ropes & Gray LLP is a global law firm with 11 offices located in the United States, Asia and Europe. The firm has more than 1,200 lawyers and professionals worldwide, and its clients include corporations and financial institutions, government agencies, universities, and health care organizations. It was founded in 1865 in Boston, Massachusetts by John Codman Ropes and John Chipman Gray.

Location

Rimon has 20 locations across the United States, Israel, Europe, and China including San Francisco, Chicago, Palo Alto, San Diego, Orange County, New York City, Boston, Los Angeles, Orlando, New Jersey, Seattle, Miami, Tel Aviv, Lake Tahoe, Minneapolis, Washington D.C., Northern Virginia, Rome, Kansas City, and their newest office Shenzhen. [4]

Rimon also operates a global alliance in Australia, Canada, Europe, and Latin America/Caribbean. The European Global Alliance members are located in Belgium, France, Greece, Spain, Sweden and the United Kingdom. The Latin America/Caribbean Global Alliance members are located in Brazil, Costa Rica, Dominican Republic, Guatemala, Honduras, Mexico, and Nicaragua. [5]

Structure and compensation model

Rimon operates using a spherical model, as opposed to the "pyramid model" of the traditional law firm or the flat model of most virtual firms. They turned the 'traditional' law firm model upside down and created a firm centered around having happy legal professionals working collaboratively with clients and colleagues in ways that make sense and that attorneys can choose and implement. [6] The firm has roughly a 4-1 ratio partners to associates and 35 support staff. [7] Rimon handles a wide range of matters that may require high-level expertise but involve only one or a few seasoned lawyers. [8]

Rimon uses an unconventional compensation structure whereby attorneys set their own billing rate with each client and get paid for the work they do. [9] [10]

Reputation and recognition

Rimon and its attorneys are highly ranked by legal rating services including the Financial Times' Most Innovative Law Firms, which honored them as "cloud-centered social media pioneers." [11] Several Rimon lawyers have been recognized in Best Lawyers in the United States and Israel consistently since 2008, including 2013's Lawyer of the Year in Patent Litigation for New York City. [12] Rimon was recognized in U.S. News & World Report's "Best Law Firms" for 2015. [13] Other honors awarded to Rimon and its lawyers include the Super Lawyers List, [14] Who's Who Legal, [15] Martindale-Hubbel by LexisNexis AV Preeminent, [16] and IAM Patent 1000, [17] and Chambers & Partners. [18] Rimon's founding partners have spoken on their innovative firm model at both Harvard [19] and Stanford Law Schools. [20]

Rimon has been recognized twice by Financial Times Innovative Lawyers Report. In 2012 the firm was recognized for its innovative spherical business model. In 2014, the firm was commended for its innovations in collaboration. [21] They have also been recognized as a top Cryptocurrency Law Firm. [22]

In 2012, Rimon's founders Michael Moradzadeh and Yaacov Silberman were recognized by American Bar Association Journal's Legal Rebels for the structure of the firm, which includes no billable-hour requirements and utilizes video conferencing and an internal social cnetworking site. [23]

Rimon is a certified B Corporation for its social and environmental efforts. The firm purchases carbon offsets to mitigate its carbon footprint.

Notable clients

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References

  1. ↑ https://rimonlaw.com/experience
  2. ↑ Axiom Law, Daily Journal, 4 Jan 2010
  3. ↑ Ward, S. and Ward, S. (2018). Moradzadeh and Silberman Maintain High-Tech, No-Pomp Practice. [online] ABA Journal. Available at: http://www.abajournal.com/legalrebels/article/moradzadeh_and_silberman_pairing_and_paring [Accessed 15 Jun. 2018]
  4. ↑ https://www.law.com/americanlawyer/2019/01/22/hybrid-virtual-firm-rimon-law-opens-in-china-with-shenzhen-base/?slreturn=20190128171533
  5. ↑ https://rimonlaw.com/locations
  6. ↑ https://variety.com/2018/music/news/guest-column-jill-berliner-rimon-un-traditional-law-firm-1202756839/
  7. ↑ https://rimonlaw.com/team
  8. ↑ Williams, J. (2018). Law Firms' Grueling Hours Are Turning Defectors into Competitors. [online] Harvard Business Review. Available at: https://hbr.org/2015/08/law-firms-grueling-hours-are-turning-defectors-into-competitors [Accessed 12 Jun. 2018].
  9. ↑ "Legal Rebels 2012: If the Shoe Fits...", ABA Journal, September 1, 2010. Accessed 19 December 2014
  10. ↑ Brereton, Erin. "The Perfect Partner Compensation Package". Legal Management. Retrieved 2014-08-28.
  11. ↑ "Most innovative US law firms". ft.com. Retrieved 2014-08-28.
  12. ↑ "Best Lawyers". Best Lawyers. Retrieved 2014-08-28.
  13. ↑ "Best Lawyers". bestlawyers.com.
  14. ↑ "Super Lawyers Attorney Profile - Richard J. Mooney". Super Lawyers. Retrieved 2014-08-28.
  15. ↑ "Martindale-Hubbel by LexisNexis AV Preeminent". Martindale.com. Retrieved 2014-08-28.
  16. ↑ "IAM Patent 1000". M.iam-magazine.com. Retrieved 2014-08-28.
  17. ↑ "Chambers & Partners". Chambers & Partners. Retrieved 2014-08-28.
  18. ↑ "Convergence: Growing Dissatisfaction with the Law Firm Model and the Rise of Alternatives". Law.harvard.edu. Retrieved 2014-08-28.
  19. ↑ "Discussion | Innovating the Law Firm Model". Youtube.com. Retrieved 2014-08-28.
  20. ↑ http://im.ft-static.com/content/images/44f67bb6-79e7-11e4-8958-00144feabdc0.pdf
  21. ↑ https://www.lawfuel.com/blog/the-cryptocurrency-law-firms/
  22. ↑ Coe, Erin. "Despite Clearspire's End, Virtual Firms See Bright Future". Law360. Retrieved 2014-08-28.
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