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Business of Law

  • December 20, 2010

    Fla. Court Sets New Trial Bar Over Atty Misconduct

    The Florida Supreme Court has ruled that when a party objects to attorney misconduct during a trial, and the court sustains that objection, it must move for a mistrial to keep that claim alive for a review in a new trial motion.

  • December 20, 2010

    Quinn Emanuel Associate Bonuses Beat Cravath's

    Quinn Emanuel Urquhart & Sullivan LLP has reportedly come out with a year-end bonus package that one-ups most firms by offering associates 150 percent of the benchmark set by Cravath Swaine & Moore LLP, but with one catch: The extra 50 percent will be paid in June 2011.

  • December 20, 2010

    Senate OKs 6 Judges For 2nd Circ., 4th Circ., Others

    The U.S. Senate has confirmed a slate of judicial nominees, including a federal prosecutor for the U.S. Court of Appeals for the Second Circuit, a state court judge for the Fourth Circuit and appointees for federal courts in Illinois, Mississippi, Maryland and Hawaii.

  • December 17, 2010

    Kaye Scholer, Debevoise Adopt Cravath Bonus Scheme

    Debevoise & Plimpton LLP and Kaye Scholer LLP have reportedly kept up with the pace set by Cravath Swaine & Moore LLP in their 2010 bonuses for associates.

  • December 17, 2010

    Senate Approves 4 New District Judges

    The U.S. Senate has confirmed its first set of federal judicial nominees since September, filling four vacancies on federal district court benches in North Carolina, Virginia, Maryland and California's Eastern District, which is currently overloaded with cases.

  • December 16, 2010

    Locke Lord Weighs Merger With Nixon Peabody

    Locke Lord Bissell & Liddell LLP is reportedly considering a merger with Nixon Peabody LLP that would create a nearly 1,400-lawyer megafirm, but so far neither party is saying much publicly.

  • December 16, 2010

    Sidley Outdoes Cravath, Boosts Bonuses By 25%

    Sidley Austin LLP has bucked the 2010 bonus trend set by Cravath Swaine & Moore LLP, announcing a 25 percent increase in the firm's total bonus pool over last year and a 20 percent bump in the number of associates eligible for bonuses.

  • December 15, 2010

    How To Start Your Own Law Firm

    Faced with continuing instability in the legal job market, some lawyers are opting to start their own law firms — an endeavor that can be fraught with challenges. Here, three small-firm attorneys offer tips on the best strategies for successfully striking out on your own in a down economy.

  • December 14, 2010

    Clifford Chance Matches Cravath Bonus Scale

    Clifford Chance LLP has become the latest to follow the 2010 bonus trend set by Cravath Swaine & Moore LLP, announcing payouts of $35,000 for seventh-year associates and $7,500 for first-years.

  • December 14, 2010

    The Art Of Legal Networking For Small-Firm Lawyers

    Small-firm lawyers and solo practitioners may be nervous to engage in the all-important art of legal networking without the immediate clout of a BigLaw business card, but legal marketing experts say there are advantages to being a little fish in a big sea.

  • December 13, 2010

    Susman’s $100K Associate Bonuses Wallop Other Firms

    Susman Godfrey LLP has announced that some of its full-time associates are receiving bonuses of more than $100,000 — nearly triple the standard going rate this year — as more firms release information about their end-of-year payouts.

  • December 13, 2010

    Supreme Court Rebuffs Deceptive Law Firm Ads Case

    The U.S. Supreme Court on Monday denied certiorari to New York in a case that limited the state's ability to restrict allegedly deceptive advertising techniques used by law firms.

  • December 10, 2010

    New House Judiciary Chief Eyes White House Oversight

    Rep. Lamar Smith, R-Texas, has been tapped to become the new chairman of the House Judiciary Committee and plans to focus his efforts on fighting terrorism, cracking down on illegal immigration and initiating "strenuous oversight of the Obama administration."

  • December 10, 2010

    Biz Dev Gains Traction In CLE Circles

    As the demand for continuing legal education grows, a standoff is brewing between law firms and course providers that want credit for business development training and the regulators who maintain that the aim of CLE is not to churn out rainmakers.

  • December 10, 2010

    McDermott To Offset Taxes For Gay Domestic Partners

    McDermott Will & Emery LLP has announced it will compensate gay employees for the extra federal taxes they pay on benefits for same-sex domestic partners, following in the footsteps of other high-profile employers such as Google Inc. and Barclays Bank PLC.

  • December 9, 2010

    Pro Bono Firm Of 2010: Skadden

    Skadden Arps Slate Meagher & Flom LLP offers attorneys an array of pro bono opportunities as well as the resources to produce outstanding results, which include a $1 billion settlement for the disabled and parole for one of the Norfolk Four sailors serving life sentences, making it one of Law360's Pro Bono Firms of 2010.

  • December 9, 2010

    Partners Less Optimistic About Legal Market: Report

    After more than a year of growing confidence in the market, managing partners at U.S. law firms are starting to have their doubts about the strength of the economy and their own financial prospects, according to a new survey from Citi Private Bank.

  • December 9, 2010

    Ohio Judges Can Friend Lawyers Online, Panel Says

    The disciplinary panel for the Supreme Court of Ohio has decided that the state's judges can become friends on Facebook and other social media sites with lawyers who show up as counsel in their courtrooms, but should treat social online conduct carefully to steer clear of violating Ohio's code of judicial conduct.

  • December 8, 2010

    House Exempts Attys From Identity Theft Requirements

    Congress has given its final approval to a bill that will exempt lawyers, doctors, accountants and other professionals from the Federal Trade Commission's Red Flags Rule, a set of stringent requirements designed to curb identity theft for regulatory agencies.

  • December 8, 2010

    Pro Bono Firm Of 2010: Robins Kaplan

    With an approach that encourages attorneys working pro bono to take all the hours they need to win, Robins Kaplan Miller & Ciresi LLP managed to score nearly $100 million for survivors of Minnesota's I-35W bridge collapse, but not a penny in fees, earning the firm a spot on Law360's Pro Bono Firms of 2010 list.