For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
Gibbons PC, Riker Danzig Scherer Hyland & Perretti LLP and other top New Jersey law firms and related entities were among the businesses that collected about $54 million in state lobbying receipts in 2013, in what experts see as a continued area of expansion for firms looking to cross-sell services to clients and boost revenue.
A New York state judge has granted a former Gersten Savage LLP partner's motion for default judgment against the defunct law firm in a $5 million suit accusing the firm's founder of misusing firm funds and denying partners their promised compensation, according to court documents filed Friday.
Small and mid-sized firms may not offer hundreds of attorneys in dozens of practice areas spread across the globe like mega-firms can, but experts say they can lure business away from the big guns by sharpening their expertise in one or two areas, giving prospective clients a customized experience and getting creative on billing arrangements.
After being dealt a blow Thursday with the Florida Supreme Court's decision blocking an immigrant in the U.S. without legal permission from joining the Florida Bar, immigrant advocates are looking to the state legislature for help, which may be an uphill climb in an election year when few controversial measures are expected to advance.
A junior Dewey & LeBoeuf LLP staffer hit with criminal charges for his alleged role in a scheme to misstate the firm’s financial position serves as a cautionary tale for any BigLaw employees who feel shielded from liability for the actions of their lawyer bosses, experts say.
The legal services industry lost 300 jobs during the month of February, according to a U.S. Department of Labor report released Friday, but sources say the dip is not indicative of a broader downward trend.
With the pageantry surrounding Leo E. Strine Jr.’s new job as chief justice of the Delaware Supreme Court over, the focus now turns to how he may shape the court's upcoming term with the most hotly anticipated decision being the appeal of one of the new chief justice’s own opinions.
Reed Smith LLP brought in nearly $1.1 billion in 2013, a 6.1 percent gain on last year’s revenue in an environment in which the firm is effectively tamping down costs and winning new work, the law firm said Friday.
A male in-house counsel once told me I had not been "nice" to him when I approached him about a business opportunity and would therefore not get the business. To add insult to injury, one of my male partners told me I should be flattered by the interest paid to me by the in-house counsel, says Paulette Brown, chief diversity officer at Edwards Wildman Palmer LLP.
Several people have told me that they had a lot of trepidation when they found out they would be working for a woman. To be effective, you need to be able to eliminate or address the conscious or unconscious bias colleagues may have about having a female boss, says Nancy Mitchell, chairwoman of Greenberg Traurig LLP's New York business reorganization and financial restructuring practice.
Employers that hired two of the former Dewey & LeBoeuf LLP executives charged Thursday with misrepresenting the bankrupt firm’s finances aren’t likely to face liability related to the criminal charges, experts told Law360 on Thursday, but they could very well suffer damage to their reputations despite their efforts to mitigate the harm.
Steptoe & Johnson LLP posted flat revenue and profits per partner that slid 7.7 percent to $905,000 a head, in a year that chair Philip West described as a return to the norm, according to reports Thursday.
Criminal allegations unveiled Thursday that Dewey & LeBoeuf LLP executives had systematically cooked their books over several years to hide a dire financial position will likely send some BigLaw leaders running to the ledgers to ensure their own accounting can withstand the closest scrutiny, experts told Law360.
In a highly anticipated decision, the Florida Supreme Court ruled Wednesday that immigrants living in the U.S. illegally are ineligible to be admitted to the Florida Bar, saying that doing so would go against federal law and current state law does not provide a path around those restrictions.
Thursday’s criminal charges against the former top brass of the now-defunct Dewey & LeBoeuf LLP are music to the ears of parties bent on clawing back certain executives’ compensation and pursuing new claims related to Dewey’s spectacular downfall, experts say.
The unprecedented accusation that the former leadership at Dewey & LeBoeuf LLP lied about the now-defunct firm’s financial health could yield a relatively basic accounting fraud trial, but the defendants could implement some not-so-basic strategies to emerge victorious.
Our legal lions this week saw larger-than-life decisions, with Gibson Dunn successfully gutting a $9.5 billion Amazon pollution judgment against Chevron Corp. and a group of employment lawyers winning a major whistleblower ruling in the U.S. Supreme Court. But as the lions roared, legal lambs from Dewey & LeBoeuf LLP were laid low, indicted over creative accounting allegedly used to stave off the firm's legendary 2012 collapse.
Former Dewey & LeBoeuf LLP partners looked on with a mixture of sadness, vindication and even embarrassment on Thursday as top executives at the fallen firm were charged with fraud, with some telling Law360 that, in retrospect, there were plenty of warning signs along the road to ruin.
As the mayhem of the South by Southwest festival descends on Austin, Texas, local law firms are gearing up to make the most of the influx of venture capitalists, major tech companies and buzzed-about startups in one of the best business development opportunities they have all year.