The San Francisco office that formerly housed the headquarters of Sedgwick LLP will formally shut its doors this week, closing the curtain on the 85-year-old firm. Here, Law360 takes a look back at the firm's history and the events that led to its closing.
Male clients are less likely than female clients to select female lead partners from their law firms, according to the latest Star lawyer nominations from a multinational study by London research firm Acritas published Wednesday.
Recent law school graduates were more likely to spend time after graduation in career limbo and had a much bleaker opinion of the value of their degree than their older counterparts, according to a new report released on Tuesday.
Law firm managers say the first half of 2018 is looking just slightly rosier than the six months that preceded it, despite a marginal dip in confidence that the U.S. economy will improve, according to a new survey released Wednesday by Citi Private Bank.
The U.S. Supreme Court heard arguments Tuesday in an appeal brought by Arthur Andersen LLP and others on the issue of whether a litigant not party to an arbitration agreement can appeal a federal court decision refusing to stay the litigation pending arbitration.
Capping a brutal month for the legal industry in which more than 2,000 jobs were eliminated at firms worldwide, Latham & Watkins LLP announced Friday that it was laying off 190 associates and 250 paralegals and staff members.
Lowenstein Sandler PC disclosed Thursday that it would hand pink slips to 21 attorneys and 32 staff members, representing just under 10 percent of the firm's total work force. Meanwhile, at least three other law firms were also forced to lay off lawyers or cut salaries.
Nearly three dozen partners who left or retired from Heller Ehrman LLP last year received a total of $7.2 million from the law firm, which is now in the middle of Chapter 11 bankruptcy proceedings.
Law firms offered fewer full-time positions to summer associates at the end of their programs in 2008, marking the lowest offer rate since 2003, according to a new survey from the National Association for Law Placement.
U.S. District Judge Samuel Kent on Monday pled guilty to obstructing investigators in a case that accuses him of sexually harassing two women in a Texas courthouse, and immediately retired from the bench.
Sen. Arlen Specter, R-Pa., is once again pushing to protect attorney-client privilege by giving the U.S. Department of Justice's revised corporate prosecution guidelines the force of law and ensuring they are applied to all federal agencies with enforcement powers.
Lawyers are particularly vulnerable to malpractice claims in tough times, when money is tight and tensions run high. But there are a few weapons in firms' arsenals that can keep them from falling prey to this type of suit, legal experts say.
The bad news coming out of the legal profession continued late Thursday and Friday, with at least five more firms disclosing layoffs of attorneys and staff.
Facing a deflated economy and, in most cases, decreased business prospects, law firms are scaling back some marketing efforts and focusing their business development more intently on existing clients.
In another depressing day for law firms, Allen & Overy LLP disclosed Thursday that it would reduce its partner head count, its associate head count and its support staff by roughly 9 percent each.
Despite taking aggressive steps to drive down costs, law firms are expected to see their expenses outpace their revenues this year, according to an economic index of law firm market performance.
After canceling a partner retreat planned for April at San Diego's Hotel del Coronado, Akin Gump Strauss Hauer & Feld LLP has been hit with a breach of contract lawsuit from the seaside resort.
As the economic downturn takes its toll on large law firms, midsize firms find themselves in a position for growth — attracting partners from their bigger but less stable rivals and touting their lower rates to compete for cash-strapped clients.
As law firms seek to restructure operations to survive the current recession, legal experts predict that technology will cut into the work previously performed by associates as firms wrestle with dueling pressures of how to keep costs low and clients happy.
U.K. law firm Simmons & Simmons has revealed that it may lay off up to 20 attorneys and 49 other employees this year as a result of a slowing legal market.
Lawyers who move laterally from one private firm to another must now be screened so that conflicts of interest that apply to moving lawyers are not imputed to other lawyers at the new firm, according to a new resolution by the American Bar Association.
The global coordinator of Sidley Austin LLP’s appellate practice, Joseph R. Guerra, has left the firm’s Washington, D.C., office to serve as principal deputy associate attorney general in the U.S. Department of Justice, the firm announced.
A group of law experts is asking Congress and the U.S. Department of Justice to consider key reforms at the Supreme Court out of a concern that the justices have gained too much power without enough accountability.
In the single ugliest day for the legal industry in recent memory, eight major firms announced a total of 748 layoffs Thursday, including 320 lawyers and 428 staff members.