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Posts Tagged ‘lawyers’

avvologo1.jpgAvvo is a new company that lets people find good attorneys, letting them seeing how others have rated the lawyers, and whether they have been disciplined. It lets users rate attorneys too.

Avvo is bound to stir controversy. Lawyers given bad ratings are already disturbed. See the story by John Cook of the Seattle Post-Intelligencer. One poorly rated criminal defense lawyer calls it “a joke.”

This can be a very valuable service. However, it is open to abuse, because many clients don’t fully grasp some matters, and can easily get upset with their attorneys because by default, attorneys lose about half the time. This is the same problem we discussed about Thefunded, where entrepreneurs leave comments about venture capitalists. It also has similarities to Zillow, a a company that places an estimated value on peoples’ homes and which has upset some homeowners

See screenshot below, showing an example of the criminal defense lawyer rating page. For the lowest rated attorneys, the site warns “extreme caution.”

Other competing directories exist, including Martindale-Hubbell, FindLaw and AttorneyPages, but Avvo providers more ways for consumers and other lawyers to provide feedback.

Silicon Valley’s Benchmark Capital and Bellevue, Washington’s Ignition Partners invested $10 million into Avvo in April. We first wrote about Avvo a year ago, when it was still secretive, and after it got its first $3 million batch of capital.


avvoscreen.jpg

googlesimplyhired.gifOver coffee today, Silicon Valley lawyer Warren Lazarow was telling VentureBeat that merger and acquisition activity is “out of control….there’s more action right now than during the boom.”

A few minutes later, Lazarow, a leading lawyer at O’Melveny & Myers, looked down at his Blackberry, and became transfixed by an email. He got up and, as if in a trance, wandered out of the Woodside Bakery, not once taking his eye off the Blackberry. A deal was apparently underway.

We’re not sure if it had to do with the latest rumor: Google is considering buying Job search engine SimplyHired. It could have been that, or one of countless others: Microsoft and Yahoo are also talking (WSJ subscription required). Yesterday, San Jose’s Adobe Systems said it would acquire Scene7, a Novato, Calif. start-up that helps retailers add rich media to their Web sites (see announcement). Cisco, it seems, is buying a company every couple of weeks. Deal lawyers are in hot demand. In the past few weeks, lawyer rates have gone up between $10 and $80 an hour, depending on seniority. Salaries for 25-year-old, first-year lawyers are $160,000 base.

Back to the latest news, re Google. It comes from comments made by Global Equities Research analyst Trip Chowdry, who reportedly said Google “is stepping up its efforts to buy VC-backed SimplyHired,” as cited by TheAlarmClock. We haven’t confirmed anything, this is definitely rumor for now. Remember, everyone talks with everyone in this environment.

SimplyHired recently launched its job-o-matic service, which lets bloggers create their own job boards, and they signed deals to power MySpace and LinkedIn jobs. SimplyHired has raised $17.7 million from Fox Interactive Media (News Corp), Foundation Capital and others, most recently at a rumored sub-$40 million post money valuation. See our coverage here.

Three million came from early Google advisor Rajeev Motwani and investor Ron Conway, so the Google connection is there already. SimplyHired faces stiff competition from multiple sites, including Monster, HotJobs, Craigslist, Indeed and Jobster.

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