Business of Law

  • September 29, 2009

    '09 Drinker Biddle Class Spared Billable Hour Woes

    Drinker Biddle & Reath LLP’s new associate training program aims to make young lawyers more client-oriented and give them valuable business skills while simultaneously freeing them from billable hours requirements in their first year, the firm has announced.

  • September 29, 2009

    Baker Botts, Shearman Partners Form New Firm

    Two prominent attorneys have announced that they've broken off from their firms to start a new national litigation boutique that will focus on complex civil litigation, white collar criminal defense, and U.S. Supreme Court and appellate cases.

  • September 29, 2009

    Cohen Milstein Launches Group To Help State AGs

    Cohen Milstein Sellers & Toll PLLC said Tuesday that it has hired former District of Columbia Attorney General Linda Singer and her former Chief of Staff Betsy Miller to lead its new public client practice group, which will help state attorneys general, nonprofits and unions in lawsuits on behalf of the public interest and focus on competition, consumer, employment and securities litigation.

  • September 28, 2009

    Chadbourne Again Defers Incoming Associates

    Chadbourne & Parke LLP has again deferred the start date of about half its incoming associate class in New York to an unspecified time, a representative for the law firm confirmed Monday.

  • September 25, 2009

    Up-Front Atty Fees Should Be Put In Escrow: DC Court

    In deciding to sanction a Washington attorney, a District of Columbia appellate court has said that lawyers should place flat fees paid up front by clients in a trust account.

  • September 25, 2009

    Legal Experts Doubt Twitter's Ability To Bring In Cash

    With everybody seeming to jump on the Twitter bandwagon these days, law firms may be tempted to join in, but some legal experts remain skeptical of how effective a marketing tool the micromessaging service is for firms.

  • September 24, 2009

    Arent Fox Revokes Some Associate Offers

    Arent Fox LLP has revoked some of the employment offers it made to its incoming associate class, a firm representative confirmed Thursday.

  • September 24, 2009

    ABA Seeks Quick Win In Red Flags Rule Challenge

    The American Bar Association is urging a federal judge to deliver a prompt and favorable ruling in its fight against the Federal Trade Commission, which plans to apply its controversial Red Flags Rule to lawyers beginning Nov. 1.

  • September 24, 2009

    Firms Must Up Value To Fend Off Outsourcing: Experts

    As document review, research and simpler transactional work become commoditized and easier for clients to outsource, large firms looking to maintain a competitive edge must start thinking creatively about how to perform more services for less money, experts said.

  • September 23, 2009

    Law Departments Turn To E-Billing To Save Costs

    As more law firms and law departments make the move to electronic billing, corporate clients are finding they can use the systems for more than just catching improper billings.

  • September 23, 2009

    Wilson Sonsini Puts Freeze On Staff Salaries

    Wilson Sonsini Goodrich & Rosati PC has reportedly extended its associate salary freeze to staff members.

  • September 23, 2009

    Orrick Settles Dispute Over Headhunter's Fee

    Orrick Herrington & Sutcliffe LLP has reached a settlement in a suit brought by Steven Douglas Associates Inc. alleging that the law firm refused to pay up after three attorneys recommended by the recruiting firm were hired.

  • September 22, 2009

    Fasken Martineau Touches Down In Paris

    Canadian firm Fasken Martineau DuMoulin LLP has merged with Gravel Leclerc & Partners to open a new office in Paris stocked with three co-founders and four partners from the French law firm, as well as four attorneys from Dewey & LeBoeuf LLP.

  • September 22, 2009

    Partner Rates Plummet At Top London Firms: Report

    Partner billing rates have fallen to their lowest level in at least five years at the top five London-based law firms, according to a newly released survey.

  • September 22, 2009

    Pro Bono Boom Will Outlast Recession: Experts

    The U.S.' deepest recession since the Great Depression has spurred attorneys and firms to ferret out more pro bono work to stay busy and network, but that surge is part of a trend that will grow as the economy recovers: firms using unpaid work to make connections and train green associates, legal industry experts say.

  • September 22, 2009

    How To Get Your Cert Petition Granted

    The biggest mistake lawyers make when writing up a petition for a writ of certiorari is thinking of it as just another appeal, experts say. Here is a list of tips compiled by Law360 for filing a cert petition that is sure to pique the interest of U.S. Supreme Court justices.

  • September 21, 2009

    Alston & Bird Further Defers Incoming Associates

    Alston & Bird LLP has further deferred the start date for some members of its incoming associate class from January 2010 to an unspecified point later in 2010.

  • September 21, 2009

    Law Firm Model Headed For Overhaul: Experts

    As law firms continue to wrestle with the havoc wreaked by the recession, legal experts are predicting that the way firms are structured could undergo a major change as they adjust the model to fit the economics of the day.

  • September 18, 2009

    Cashing In On New Regulatory Environments

    As the Obama administration works toward overhauling regulation of the financial and health care sectors, law firms looking to cash in need to position themselves as experts in the fields and make sure they're staffed to handle their clients' changing needs, experts say.

  • September 18, 2009

    Thelen Files For Ch. 7 Months After Dissolving

    Defunct law firm Thelen LLP filed a Chapter 7 bankruptcy petition Friday after secured creditor Citibank NA cut off funding for the cost of collection and wind-down operations.