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Business of Law

  • August 10, 2010

    More Firms Get On Board With Project Management

    As law firms face increased accountability from clients, many are taking a page from the corporate playbook by embracing project management, and the most forward-thinking firms — those that see the strategy as more than a passing fad — have embarked on plans to make it an integral part of their cultural fabric, experts say.

  • August 10, 2010

    LeClairRyan Taps Successor For CEO Spot

    LeClairRyan PC announced Tuesday that co-founder Gary D. LeClair is set to gradually hand over his role as CEO to shareholder David C. Freinberg, who currently heads up the firm's Newark, N.J., office.

  • August 10, 2010

    Rating Firms Explain Methodology At ABA Conference

    Executives from six of the top law firm and lawyer rating agencies gathered at the American Bar Association's annual conference Friday to discuss how they have structured their rating methodologies to maximize objectivity, transparency and profits in the increasingly competitive ranking market.

  • August 9, 2010

    The 50-Page Memo And Other In-House Counsel Gripes

    To maintain business in today's legal market, law firms need more than stellar legal skills; they need great client service. But some law firms continue to do things that rub clients the wrong way. Here, corporate counsel offer lawyers their list of what not to do.

  • August 9, 2010

    DLA Piper Names 2 Chairs To Succeed Leadership

    DLA Piper has boosted its management team, naming as chairmen two corporate finance partners, who will join three other leaders whose terms are slated to end in 2012.

  • August 6, 2010

    How To Sweeten The Partnership Pot For Associates

    With the economy still in the dumps and more partners facing de-equitization than ever before, firms could risk losing their rising talent if they don't take measures to make partnerships more attractive. Here are some things they can do to cultivate commitment and make young lawyers want to stay, according to experts.

  • August 6, 2010

    Senate Confirms Wynn For 4th Circ.

    Before leaving town for the August recess, the U.S. Senate confirmed a slate of U.S. attorney, federal district and circuit court nominees, including North Carolina Court of Appeals Judge James Wynn, who was nominated for the second time in November to the U.S. Court of Appeals for the Fourth Circuit.

  • August 5, 2010

    Senate Confirms Kagan To Supreme Court

    The U.S. Senate on Thursday confirmed Solicitor General Elena Kagan to the U.S. Supreme Court, paving the way for her to become the fourth woman to serve on the nation's highest court.

  • August 5, 2010

    Attorney Timekeeping: Why It Pays To Plug The Leak

    Inaccurate timekeeping causes major headaches and can lead to significant losses in a firm’s bottom line. But firms can take some simple steps to improve their timekeeping capabilities and maximize their profits, experts say.

  • August 4, 2010

    How To Nail Your First Meeting With A Prospective Client

    You never get a second chance to make a first impression, but many lawyers fail to adequately prepare for a first meeting with a prospective client. With so much riding on that initial meeting, experts gave Law360 their best advice on how to prepare for your first shot at winning yourself new business.

  • August 3, 2010

    How To Ramp Up Efficiency And Drive Down Client Bills

    To stay competitive, firms need to be efficient in their delivery of legal services. Legal experts weigh in on the strategies firms can use to increase their efficiency while meeting client demands for lower bills.

  • August 2, 2010

    Firms Get Creative To Grow Female Partner Ranks

    Women still lag behind men in securing partner status at major law firms, and many experts say the failure of some female attorneys to build strong books of business factors into the discrepancy. Law360 invited firms to tell us what steps they are taking to narrow the gender gap in their partner ranks. Here is a snapshot of their initiatives.

  • August 2, 2010

    Lateral Market Cools Down, Reversing 2-Month Trend

    After two months of growth in activity, lateral movement in the legal industry cooled off in July, dropping 18 percent compared to June.

  • July 30, 2010

    How To Stand Out Among The Associate Ranks

    Young associates often land a coveted BigLaw job only to find that their days will be spent toiling away on rote legal tasks. But there are several tricks of the trade ambitious young lawyers can use to fast-track their advancement in the firm and make partners sit up and take notice.

  • July 30, 2010

    Sheppard Mullin 1st-Years To Pocket $160K Once Again

    Sheppard Mullin Richter & Hampton LLP has restored associate pay to prerecession levels in a bid to compete with other BigLaw firms boosting salaries as the economic downturn eases its grip on the legal industry.

  • July 29, 2010

    Atty Who Sought Sex Favors Spanked By NJ Court

    A lawyer who solicited sexual favors from some of his bankruptcy clients in exchange for his legal services has been suspended for a year and ordered to go to sensitivity training.

  • July 29, 2010

    Baker Botts Ends Lockstep System In Favor Of Levels

    Baker Botts LLP associates' base compensation, billing rates and bonus opportunities will soon be tied to a merit-oriented, three-tier system, rather than the lockstep model the firm has employed in the past.

  • July 29, 2010

    How To Stop Fee Disputes Before They Start

    A law firm that fires off a suit seeking to force a client to pay an outstanding bill will likely find itself facing claims of legal malpractice. But firms can take steps to make sure they — and their clients — never reach this point of no return, according to legal experts.

  • July 29, 2010

    Ex-Thompson & Knight Atty Tapped For Federal Bench

    President Barack Obama has nominated a white collar defense lawyer who helped open the San Antonio office of Thompson & Knight LLP to replace disgraced Judge Samuel Kent on the U.S. District Court for the Southern District of Texas.

  • July 28, 2010

    ABA Says US News Unstoppable In Rankings World

    There is “relatively little” the legal education community can do in the short term to unseat U.S. News and World Report's dominance in the world of law school rankings, according to a report from an American Bar Association committee that finds the ranking system “not entirely benign.”