Competition from rival firms and the difficulty in getting attorneys on board with business development initiatives top the list of challenges to law firm growth, according to a survey released Wednesday from LexisNexis.
The New York Supreme Court's Commercial Division has enacted two administrative orders that aim to make discovery proportional to the amount at stake in a lawsuit and streamline depositions in commercial litigation, objectives that rule-change proponents say were needed to better provide justice to business litigants.
The Manhattan District Attorney’s prosecution of three former Dewey & LeBoeuf LLP executives teetered on the edge of mistrial on Thursday as jurors again failed to reach a verdict on the majority of the charges in the case, one day after rejecting allegations of falsifying books and records.
Shearman & Sterling LLP, Morvillo LLP and Paul Weiss Rifkind Wharton & Garrison LLP lawyers easily won the legal lions' battle this week after the U.S. Supreme Court let stand their landmark insider trading victory in the Newman case. Leading this week’s legal lambs are BigLaw teams representing DuPont Co., which got off to a bad start in the defense of thousands of claims focused on contaminated drinking water.
Going the distance in high-risk battles with the nation’s top defense firms and their well-heeled clients may seem daunting to some firms, but Robbins Geller Rudman & Dowd LLP has made a name for itself by plunging headfirst into such challenges, landing it among Law360's Most Feared Plaintiffs Firms for the third consecutive year.
Ex-Heller Ehrman LLP client Paravue Corp. failed on Wednesday to convince a California federal judge to revive a $20 million malpractice suit accusing the defunct firm of negligently advising it on loan agreements, with the judge saying the suit was filed too late.
While an unexpected downturn in profitability is no picnic for any law firm, skilled leaders can identify inefficiencies and areas for potential growth to keep the damage at a minimum. Here, industry experts lay out the best course for repairing a broken bottom line.
The offices of Law360 will be closed Monday for the Columbus Day holiday. Newsletter service will resume Tuesday, Oct. 13.
Nixon Peabody LLP said this week that it has further expanded its presence in Asia, consolidating its Hong Kong operations with CWL Partners, a longtime ally in the region, to create a new firm with 30 lawyers and legal professionals.
Jurors in the trial of the former executive leadership of Dewey & LeBoeuf LLP on Wednesday acquitted the defendants of 49 counts of falsifying business records but deadlocked on the remaining counts, an indication prosecutors may have overcharged this multifaceted case, some experts say.
While the legal world has been focused on the criminal trial of the former leaders of Dewey & LeBoeuf LLP, the U.S. Securities and Exchange Commission has been waiting in the wings with an enforcement action expected to be a lot harder for the executives to beat, raising the likelihood of settlement.
The defense team for former Dewey & LeBoeuf LLP leaders asked a deadlocked jury Wednesday to continue to deliberate — a rare and risky move for most criminal defendants and a clear sign of confidence that the jury is on their side, experts said.
When Dallas County's district attorney took a leave of absence to treat serious depression — a problem that affects attorneys in disproportionate numbers to the general population — she faced calls for resignation, but experts say getting treatment and ensuring that any clients are taken care of is the ethical thing to do.
After getting a verdict against Arab Bank for providing services to a terrorist group, taking on the manufacturers of transvaginal mesh, and inking wrongful death and personal injury settlements between smokers and three major tobacco companies, Motley Rice LLC has again earned a spot among Law360's Most Feared Plaintiffs Firms.
Next time you’re about to turn in a brief full of technical jargon and age-old stock phrases, remember that judges hate stuffy writing just as much as ordinary readers do. Here are six overused phrases that experts would like to banish from legal writing.
A New York state jury on Wednesday acquitted three former Dewey & LeBoeuf LLP executives of falsifying business records and deadlocked on grand larceny, fraud and other counts in the closely watched criminal trial over the firm's collapse.
At companies with $1 billion or less in revenues, general counsel pull in $311,750 a year, while other in-house lawyers make about $197,000, according to a new in-house compensation report that breaks down pay by company revenues, industry, practice area and legal experience.
In 1995, only 11 years into her career, Norton Rose Fulbright’s Gerry Lowry received perhaps the highest vote of confidence any trial lawyer can get: a letter from a judge sent to her firm’s head of litigation praising her trial work.
BigLaw attorneys who thrive in pressure-cooker trials and high-stakes corporate work often struggle to maintain emotional equilibrium and professional decorum when going through divorces, matrimonial experts say, and outbursts during the proceedings can sink their professional reputations. Here are three examples of lawyer divorces that went off the rails.
Jurors in the trial of the former top executives of Dewey & LeBoeuf LLP on Tuesday said they are deadlocked on a majority of the charges brought over what prosecutors say was a scheme to defraud the firm's lenders and investors, raising the possibility that the case may largely end in a mistrial.