Rimon Law P.C.

Rimon, P.C. Logo

Rimon P.C. is a law firm in the United States and Israel that specializes in corporate law, litigation, financial services, private client services, intellectual property, and tax law.[1] The firm has 17 locations in the U.S. and Israel.[2] Rimon is an "alternative" law firm, combining cloud computing, efficient office space, and a distributed work force..[3]

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.[4]

Location

Rimon has 17 locations in the United States and Israel, 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. and Northern Virginia.[2]

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. The firm has approximately a 5-1 ratio of partners to associates.[5]

Rimon uses an unconventional compensation structure whereby attorneys set their own billing rate with each client and get paid for the work they do.[6][7]

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.”[8] 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.[9] Rimon was recognized in U.S. News and World Report's "Best Law Firms" for 2015.[10] Other honors awarded to Rimon and its lawyers include the Super Lawyers List,[11] Who’s Who Legal,[12] Martindale-Hubbel by LexisNexis AV Preeminent,[13] and IAM Patent 1000,[14] and Chambers & Partners.[15] Rimon’s founding partners have spoken on their innovative firm model at both Harvard[16] and Stanford Law Schools.[17]

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.[18]

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 videoconferencing and an internal social networking site.[19]

Rimon is a certified B Corporation for its social and environmental efforts. The firm purchases carbon offsets to mitigate its carbon footprint.[20]

Notable clients

References

  1. ↑ "Experience". rimonlaw.com. Retrieved 2014-08-28.
  2. 1 2 "Locations". rimonlaw.com. Retrieved 2014-08-28.
  3. ↑ Axiom Law, Daily Journal, 4 Jan 2010. Accessed 19 December 2014
  4. ↑ Ward, Stephanie. "Legal Rebels". http://www.abajournal.com. Retrieved 2014-08-28. External link in |website= (help)
  5. ↑ - sphere "About Us - Sphere" Check |url= value (help). rimonlaw.com.
  6. ↑ "Legal Rebels 2012: If the Shoe Fits...", ABA Journal, September 1, 2010. Accessed 19 December 2014
  7. ↑ Brereton, Erin. "The Perfect Partner Compensation Package". Legal Management. Retrieved 2014-08-28.
  8. ↑ "Most innovative US law firms". ft.com. Retrieved 2014-08-28.
  9. ↑ "Best Lawyers". Best Lawyers. Retrieved 2014-08-28.
  10. ↑ "Best Lawyers". bestlawyers.com.
  11. ↑ "Super Lawyers Attorney Profile - Richard J. Mooney". Super Lawyers. Retrieved 2014-08-28.
  12. ↑ "Martindale-Hubbel by LexisNexis AV Preeminent". Martindale.com. Retrieved 2014-08-28.
  13. ↑ "IAM Patent 1000". M.iam-magazine.com. Retrieved 2014-08-28.
  14. ↑ "Chambers & Partners". Chambers & Partners. Retrieved 2014-08-28.
  15. ↑ "Convergence: Growing Dissatisfaction with the Law Firm Model and the Rise of Alternatives". Law.harvard.edu. Retrieved 2014-08-28.
  16. ↑ "Discussion | Innovating the Law Firm Model". Youtube.com. Retrieved 2014-08-28.
  17. ↑ (PDF) https://web.archive.org/20141210235213/http://im.ft-static.com/content/images/44f67bb6-79e7-11e4-8958-00144feabdc0.pdf. Archived from the original (PDF) on December 10, 2014. Retrieved August 28, 2014. Missing or empty |title= (help)
  18. ↑ "Rimon Law Group Announces Carbon Neutral Status". Pressreleasepoint.com.
  19. ↑ Coe, Erin. "Despite Clearspire’s End, Virtual Firms See Bright Future". Law360. Retrieved 2014-08-28.
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