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Business of Law

  • March 15, 2012

    Judges Accuse Calif. Of Denying Them Pension Benefits

    Dozens of retired judges and their beneficiaries launched a suit last week alleging California's Judges' Retirement System had repeatedly delayed administering owed benefits with the hopes that judges would die before collecting their benefits.

  • March 15, 2012

    NY Judges Are Owed $312M In Back Pay, Atty Says

    New York's decision to give its judges their first raise in a dozen years doesn't address the $312 million in back pay the state still owes them, an attorney for the state's judges said during a hearing Thursday.

  • March 15, 2012

    Budget Cuts Won't Derail Pay Bump For NY Judges

    Budget-slashing in Albany will not derail a plan to give New York's 1,200 judges their first pay bumps in 12 years, a key lawmaker said Thursday, while a veteran attorney who has studied judicial pay said the upward adjustments are insufficient.

  • March 14, 2012

    Citi Survey Shows Firms Cautiously Optimistic On 2012 Demand

    Managing partners are cautiously looking forward to an uptick in demand for legal services in 2012 amid a climate of market volatility spurred in part by the 2011 European debt crisis, according to a Citi Private Bank report released Wednesday.

  • March 14, 2012

    Senate Leaders Put Off Judicial Votes To Focus On Jobs Bill

    In a last-minute deal to avoid both a forced vote on 17 federal district judicial nominees and a prolonged filibuster, Senate leaders agreed Wednesday to move on immediately to a jobs bill that both parties have supported and to vote for 14 judicial nominees by May.

  • March 14, 2012

    20 More Law Schools Targeted Over Postgrad Job Data

    A group of law firms said Wednesday that they planned to launch class actions against 20 more law schools in New York, California and elsewhere over alleged inaccuracies in reported postgraduate employment rates, the latest step in their litigation campaign over the statistics.

  • March 13, 2012

    Calif. Judges Fight Posting Of Financial Forms On Web

    A California judges group is set to argue before the Fair Political Practices Commission on Thursday that judges should not be required to post their financial disclosure forms online because they contain sensitive information that poses security risks for judges and their families.

  • March 13, 2012

    Reid Promises Vote On Obama's Judicial Nominees

    Debate over the Republicans' filibuster of more than 20 judicial nominees continued Tuesday on the Senate floor, after Senate Majority Leader Harry Reid, D-Nev., announced that he would force the Senate to vote on confirmation for 17 federal district judicial nominees.

  • March 13, 2012

    Survey Finds 51% Of Practice Groups Fail To Meet Standards

    Over half of law firms' practice groups are failing to live up to their managing partners' performance expectations, according to a survey conducted by legal consultant Altman Weil Inc. released Tuesday.

  • March 13, 2012

    Nixon Peabody Grows Chinese Presence With 2nd Alliance

    Nixon Peabody LLP is joining forces with Hylands Law Firm to expand its services in China, the firm's second such alliance with a Chinese law firm, Nixon Peabody announced Tuesday.

  • March 12, 2012

    Case Delays Expected Following Court Reporter Cuts

    As California courts have watched their court reporter staffs shrink due to state budget constraints, the head of the Commission on Judicial Performance said Monday that fewer court reporters would lead to more work for judges and further delays in state cases.

  • March 12, 2012

    Covington To Launch Seoul Office By July

    Covington & Burling LLP plans to open a Seoul office in light of the U.S.-Korea Free Trade Agreement and has tapped a veteran Korean litigator to lead the expansion, the firm announced Monday.

  • March 12, 2012

    Atty Says NY Law School Plaintiffs Bitter Over Job Prospects

    A class of New York Law School graduates are accusing their alma mater of puffing up employment and salary statistics only because they haven't landed dream jobs right after graduation, an attorney for the law school told a New York state judge Monday. 

  • March 9, 2012

    US Firms Head To Korea In Wake Of Free Trade Deal

    With the U.S.-Korea Free Trade Agreement going into effect Thursday, American law firms with established South Korean clients are hurriedly submitting their applications for Seoul offices, but the rush is likely to be limited to firms with existing Korean practices — at least for now, attorneys say.

  • March 9, 2012

    Legal Job Market Remains Mostly Stagnant In Feb.

    The legal services profession added 800 jobs in February, or less than 1 percent, showing little growth and reflecting what experts have predicted would be a stagnant year for the industry, according to a U.S. Department of Labor report released Friday.

  • March 9, 2012

    Ousted Cochran Firm Partner Sues Ex-Colleagues

    The former managing partner of the Los Angeles office of the Cochran Law Firm sued the firm and two ex-colleagues on Monday for conspiring to wrest control of the firm from him in violation of the firm’s partnership agreement.

  • March 8, 2012

    Alston & Bird Leases 80,000 Square Feet In LA High-Rise

    National business law firm Alston & Bird LLP has signed an 80,000-square-foot office lease at a 55-story office building in downtown Los Angeles owned by Brookfield Office Properties Inc., the developer said Thursday.

  • March 8, 2012

    Firm Can't Knock Down NY Rule Barring Nonlawyer Investment

    A federal judge on Thursday dismissed Jacoby & Meyers LLP's suit challenging a New York rule barring nonlawyers from investing in law firms, saying a ruling on the case would be an unconstitutional advisory opinion because other laws also prohibit such investments.

  • March 8, 2012

    Gordon & Rees Launches Washington Office

    Gordon & Rees LLP has launched a new Washington office and is eyeing its expansion into the firm's other practice areas after nabbing three employment attorneys from Drinker Biddle & Reath LLP, the firm said Wednesday.

  • March 7, 2012

    Law Schools See Small Rise In 2011 On-Campus Recruiting

    Recruiting at law school campuses saw a slight uptick in 2011 for the second year in a row after law firms scaled back recruiting programs in the wake of the 2008 financial crisis, according to a report Wednesday.