Legal Industry

  • July 2, 2015

    In Case You Missed It: Hottest Firms And Stories On Law360

    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.

  • July 2, 2015

    Global 20: Dentons

    Dentons' “polycentric” approach to growth and rapid expansion in China, the U.S. and various other markets across the globe have helped the firm become the world’s largest by attorney count this year, and landed it a spot on Law360’s Global 20 list.

  • July 2, 2015

    Dewey Worker Says He Didn't Think His Actions Were Criminal

    An attorney for a former executive of Dewey & LeBoeuf LLP got the firm’s ex-budget chief to acknowledge Thursday he didn’t think there was anything criminal about the purportedly fraudulent accounting adjustments to Dewey's books, as the criminal trial of the firm’s former management wrapped up its sixth week.

  • July 2, 2015

    Legal Services Sector Loses 800 Jobs In June

    The legal sector lost 800 jobs in June, according to a Thursday report by the U.S. Bureau of Labor Statistics, a number one expert says likely reflects a decreased demand for litigation work.

  • July 2, 2015

    The Dewey Trial Report: Idiots, Informants And Inquisitions

    Week six of the trial of Dewey & LeBoeuf LLP's former leaders featured only two witnesses, but the testimony packed a punch, as jurors learned how the firm's merger talks with Greenberg Traurig LLP collapsed amid news of a criminal probe and watched defense lawyers grill a cooperating witness over his no-jail plea deal.

  • July 2, 2015

    4 Ways To Intimidate Your Trial Opponent

    Some trial lawyers step into the courtroom, feathers ruffled, chest puffed, spouting flowery language and slick turns of phrase; but that strategy, according to some of the country’s top trial lawyers, is the least effective way to inspire fear in court. Here, experts lay out what really works to make the opposition tremble with dread.

  • July 2, 2015

    Cahill Kicks Off Holiday Weekend With Summer Bonuses

    Fifteen grand buys a lot of beer and hot dogs, as hungry Cahill Gordon & Reindel LLP associates will learn this Fourth of July weekend with their summer bonuses that the firm confirmed on Thursday.

  • July 2, 2015

    DLA Piper Brings Aboard Australia's Hardy Bowen

    DLA Piper expanded its Perth, Australia, office on Wednesday by adding local firm Hardy Bowen and its 12 lawyers with experience in corporate, environmental and energy law, as well as mergers and acquisitions.

  • July 1, 2015

    Law360 Closed For Independence Day

    The offices of Law360 will be closed Friday for the Independence Day holiday. Newsletter service will resume Monday, July 6.

  • July 1, 2015

    Ink Officially Dries On Dentons' Merger With McKenna Long

    Dentons has officially absorbed McKenna Long & Aldridge LLP, saying Wednesday that despite losing a slew of McKenna Long lawyers since the merger's announcement, the new firm has added roughly three dozen laterals nationwide and will continue growing in the coming months.

  • July 1, 2015

    Dewey Cooperator Flip-Flopped On Budget Tricks, Jurors Hear

    Dewey & LeBoeuf LLP’s former budget director initially told investigators in the Manhattan District Attorney's Office that the firm’s accounting methods were legitimate before changing his tune and pleading guilty to a fraud scheme, he testified Wednesday at the trial of three ex-Dewey leaders.

  • July 1, 2015

    BigLaw Fee Antics Persist Despite Dewey's Cautionary Tale

    Put the books of today's BigLaw firms under the accounting microscope aimed at Dewey & LeBoeuf LLP, experts say, and you'll likely find other instances of firms managing next year's numbers by using creative accounting on the timing of incoming fees.

  • July 1, 2015

    Client Interests Prevail in Document Turn-Over, ABA Says

    Lawyers should defer to their obligation to protect their client's interests when asked to turn over materials at the end of a representation, according to a formal opinion published Wednesday by the American Bar Association.

  • July 1, 2015

    Global 20: Norton Rose Fulbright

    Norton Rose Fulbright has leveraged expertise in multiple industries to win favorable rulings from U.K. courts for several Lloyd’s syndicates in litigation stemming from a shipwreck off the South African coast and to help oil refiner Delek US Holdings Inc. acquire a stake in Alon USA Energy Inc. in a $572 million deal, earning it a spot on Law360’s Global 20 list.

  • July 1, 2015

    US Law Firms Still Flirting With Going Public

    News this month that Gateley PLC became the first publicly traded U.K. law firm added fuel to the long-simmering debate over rules barring nonlawyer ownership of U.S. firms, but deeply held views on ethics and attorney independence pose daunting obstacles to law firms going public on this side of the pond, experts say.

  • June 30, 2015

    Ex-Dewey Budget Head Says He Gamed Firm Expenses

    The former budget director at Dewey & LeBoeuf LLP on Tuesday told a Manhattan jury he helped Dewey defraud the firm’s lenders and investors by reclassifying expenses as income and other tricks at the direction of the firm’s former chief financial officer, Joel Sanders.

  • June 30, 2015

    The Top In-House Hires Of June

    June's class of new general counsels serves a diverse set of businesses, including the peddlers of financial products, chicken noodle soup and professional wrestling. Whether you're looking for fresh client opportunities, keeping up with your peers or simply updating your contacts list, here are the latest in-house moves you need to know about.

  • June 30, 2015

    Quinn To Earn Client Points With Summer Associate Exit

    The closure this week of Quinn Emanuel Urquhart & Sullivan LLP’s summer associate program is evidence that client reluctance to pay for newbie lawyers and other disruptive forces in the legal market can break BigLaw’s long-standing recruiting habits, experts said.

  • June 30, 2015

    Atty Blames AT&T's Slow Internet For Missed Filing Deadline

    A Dallas attorney sued AT&T Inc. and two sales reps in state court Monday, claiming his firm's perilously slow Internet speed left him and his legal colleagues watching helplessly as their documents wouldn't upload in time to make a court deadline.

  • June 30, 2015

    Law Firm Mergers Rush Toward Record-Breaking High

    Hurtling around the midyear turn, the U.S. legal industry is now racing toward finishing 2015 with a record number of law firm mergers, according to the latest data from legal consultant Altman Weil Inc.