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Business of Law

  • November 18, 2009

    Daschle Moves From Alston & Bird To DLA Piper

    Tom Daschle, the former Democratic majority leader of the U.S. Senate who later went to work for national law firm Alston & Bird LLP, is joining DLA Piper, the firm announced Wednesday.

  • November 17, 2009

    Rash Cost-Cutting Moves May Hurt Firms In Long Term

    While a steep drop in legal work has driven some law firms to hand out pink slips across the board and close offices in the U.S. and abroad, aggressive cost-cutting measures may put firms at a major disadvantage in the long run.

  • November 17, 2009

    Senate Reaches Cloture On 7th Circ. Nominee Vote

    The U.S. Senate voted Tuesday to move forward with a vote on Court of Appeals for the Seventh Circuit nominee Judge David Hamilton, thwarting a last-minute attempt by Sen. Jeff Sessions, R-Ala., to block the nomination.

  • November 17, 2009

    US District Judge Faces House Impeachment Inquiry

    Judge G. Thomas Porteous Jr. routinely solicited cash from local lawyers, a New Orleans attorney said Tuesday at a U.S. House of Representatives hearing on whether the Eastern District of Louisiana judge should be impeached.

  • November 16, 2009

    Reed Smith's Nonequity Partners To Invest In Firm

    Reed Smith LLP has decided to require its nonequity partners in the U.S. to invest the equivalent of 15 percent of their salaries into the firm and to tie at least part of their compensation to the performance of the firm, a partner said Monday.

  • November 16, 2009

    9 Firms Lead Way In Commitment To Help Clients

    They possess a keen sense of urgency and are willing to go the extra mile, say the Fortune 1000 corporate counsel who make up their client base. These nine law firms are standouts in what a new legal-industry report calls “commitment to help.”

  • November 16, 2009

    4 Firms Lead Pack In Legal Skills

    All law firms pride themselves on their legal skills, but a handful of firms — Baker Botts LLP, Foley & Lardner LLP, Jones Day and Kirkland & Ellis LLP — mark the cream of the crop in terms of deft lawyering, according to a new report.

  • November 16, 2009

    Corporate Counsel Name Top Value Firms

    The firms that provide the best value for the dollar are the ones that offer personalized understanding of immediate issues and go out of their way to help mitigate against future risk, according to a new report.

  • November 16, 2009

    Foley, Alston & Bird Top List For Client Focus

    Corporate counsel say they want a law firm that, above all else, knows their business and understands their particular objectives, according a new report. The top-ranked law firms are responding by training their attorneys to step into clients' shoes.

  • November 13, 2009

    Midsize Firms Make Big Splash In BTI Top 30

    Midsize firms are rising in the esteem of corporate counsel and giving large firms a run for their money in the increasingly competitive legal market, according to a new report.

  • November 13, 2009

    Prominent Firms Lag In New Ranking

    The shakeup in the legal industry in the past year has left some prominent firms less beloved by corporate counsel, according to a new report.

  • November 13, 2009

    Corporate Counsel Rank Top Firms For Client Service

    The law firms that offer truly superior client service, according to a new survey of corporate counsel, are united by a commitment to understanding their clients' business, open lines of communication and a firm-wide zeal for keeping clients satisfied.

  • November 13, 2009

    Jones Day Demotes 5 London Partners

    Jones Day reportedly has demoted five of its London partners — about 10 percent of the partners in that office — to of counsel since the beginning of 2009 as American firms continue to scale back their domestic and international operations.

  • November 13, 2009

    Corporate Counsel Name Most Arrogant Firms

    They are said to look down their noses at litigation deemed too simple, charge steep fees and give off an aura of haughtiness in court. Eight firms were mentioned most by Fortune 1000 corporate counsel when asked which law firms are most arrogant, according to a new report.

  • November 13, 2009

    Perkins Coie Atty Named Top White House Counsel

    White House officials announced Friday that Gregory B. Craig has stepped down as chief presidential counsel and will be replaced by the end of the year by longtime Democratic lawyer and Perkins Coie LLP partner Robert Bauer.

  • November 12, 2009

    Corporate Counsel Push Diversity Despite Downturn

    As economic concerns threaten to overshadow diversity initiatives in the U.S. legal community, some of the nation's largest corporations are continuing to make the issue a top priority for their outside law firms.

  • November 12, 2009

    Baker & Hostetler Opens Chicago Office

    Striding ahead while other firms have circled the wagons, Baker & Hostetler LLP has opened a Chicago office and brought in a cadre of standout attorneys to grow the firm’s commercial litigation and corporate practice capabilities.

  • November 12, 2009

    Edwards Angell Adds Jenner & Block Public Policy Chair

    Edwards Angell Palmer & Dodge LLP has announced that Mark Heilbrun, a former partner at Jenner & Block LLP, has joined its Washington office as a partner in the public policy and governmental relations department, and will also work in its litigation and insurance and reinsurance departments.

  • November 12, 2009

    PwC Survey Finds Top UK Firm Profits Down By 30%

    Profits at the top 100 law firms in the U.K. fell by 30 percent since last year, and many firms aren't holding their breath for revenue growth over the next 12 months, according to a recent survey.

  • November 12, 2009

    Practice, Business Savvy Top Firm Wish Lists: Survey

    Nearly half the firms looking to expand their midlevel associate ranks are focusing foremost on bringing in attorneys with specialized expertise and the ability to build up lucrative core practice areas, according to a new survey from staffing agency Robert Half Legal.