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Business of Law

  • December 16, 2011

    Obama Nominates 2 To US District Court

    President Barack Obama on Friday nominated Judge John Thomas Fowlkes Jr. and Gibbons PC director Kevin McNulty to serve on the U.S. District Court.

  • December 16, 2011

    Sidley Hops On Cravath Bonus Bandwagon

    Sidley Austin LLP is matching the scale set by Cravath Swaine & Moore LLP for year-end associate bonuses rather than a higher range that competitors such as Sullivan & Cromwell LLP have announced, according to a Friday report.

  • December 15, 2011

    Littler Teams With Mexican Attys To Open 2 New Offices

    Littler Mendelson PC will join with a group of Mexican attorneys to open two new offices in Mexico next year, expanding the employment firm's international presence, the firm announced Thursday.

  • December 15, 2011

    King & Wood, Mallesons Merge To Create Asian Superfirm

    Top Australian law firm Mallesons Stephen Jaques will merge with China's largest firm King & Wood to create a new Asian legal powerhouse based in Hong Kong called King & Wood Mallesons, the Australian firm announced Thursday.

  • December 15, 2011

    Weil Gotshal Hikes Bonuses To $42.5K To Match Peers

    In response to rival firms topping its year-end bonus payout for its most senior associates, Weil Gotshal & Manges LLP told Law360 on Thursday that it will bump bonuses for eighth-year associates and above to up to $42,500, matching the scale established by competitors.

  • December 14, 2011

    Clifford Chance Joins $42.5K Year-End Bonus Parade

    Clifford Chance LLP confirmed Wednesday that it would hand out $42,500 year-end bonuses to eighth-year associates and above, matching the new scale established by rival firms last week.

  • December 14, 2011

    Van Ness Feldman To Link Up With GordonDerr In 2012

    Washington-based energy and environmental law firm Van Ness Feldman will combine forces with Seattle-based real estate litigation firm GordonDerr LLP, the firms announced Wednesday.

  • December 14, 2011

    Holland & Knight Lobbying Group To Ditch Billable Hours

    Holland & Knight LLP's lobbying division will stop tracking billable hours for fixed-fee clients starting in January 2012, making it the largest national practice of its kind to make such a move, the firm said Wednesday.

  • December 14, 2011

    Simpson Thacher Plans Seoul Office For Next Year

    Simpson Thacher & Bartlett LLP will open an office in Seoul in 2012, the firm announced Tuesday, on the heels of a recently approved free trade agreement between the U.S. and South Korea.

  • December 13, 2011

    Susman Godfrey's Year-End Bonuses Top Out At $110K

    Associates at Susman Godfrey LLP have received year-end bonuses of up to $110,000 while Cadwalader Wickersham & Taft LLP will match the new scale established last week by rival firms and shell out $42,500 bonuses to its most senior associates, the firms said Tuesday.

  • December 13, 2011

    Lawmakers, Attys Spar Over Electronic Discovery Costs

    A U.S. House of Representatives subpanel on Tuesday questioned a General Electric Co. lawyer and other attorneys on discovery costs and benefits amid potential rule changes to tackle concerns over the supposed burdens of preserving electronic evidence.

  • December 13, 2011

    Cooley Takes International Plunge With China Office

    Cooley LLP is now a full-fledged international law firm after opening its first non-U.S. office, in Shanghai, the firm announced Tuesday.

  • December 12, 2011

    Outsourcing Will Change The Legal Game In 2012: Report

    Law firms may find outsourcing their legal work is the cheaper route to take in 2012, with legal process outsourcing evolving and attracting more professionals in the industry, according to a new Fronterion LLC report.

  • December 12, 2011

    K&L Gates Opens 1st SC Office With Ex-Parker Poe Team

    After scooping up a seven-partner team from Parker Poe Adams & Bernstein LLP, K&L Gates LLP has opened an office in Charleston, S.C., its 24th office in the U.S. and 40th location worldwide, the firm said Monday.

  • December 12, 2011

    2 More Firms Jump On $42.5K Year-End Bonus Bandwagon

    Paul Weiss Rifkind Wharton & Garrison LLP and Davis Polk & Wardwell LLP will hand out $42,500 year-end bonuses to eighth-year associates and above, making them the latest to enlarge the scale set by Cravath Swaine & Moore LLP, according to news reports Monday.

  • December 9, 2011

    4 Firms Expand Cravath Bonus Scale To $42.5K

    Four law firms will hand out $42,500 year-end bonuses to eighth-year associates and above, extending the bonus scale first established by Cravath Swaine & Moore LLP and matched by several other firms, according to news reports this week.

  • December 9, 2011

    Anti-Gay Marriage Clients Spur Foley's Drop In LGBT Index

    The Human Rights Campaign on Thursday docked Foley & Lardner LLP points on its 2012 Corporate Equality Index — which rates companies based on their policies toward lesbian, gay, bisexual and transgender employees — thanks to the firm's representation of groups that oppose same-sex marriage.

  • December 8, 2011

    Linklaters To 'Restructure,' Could Lose 35 Partners

    U.K.-based law firm Linklaters LLP is preparing to significantly "restructure" its partnership, with as many as 35 partners, or 8 percent of the firm's total equity partners, that could be departing, according to Thursday news reports.

  • December 8, 2011

    Hughes Hubbard Opens Mo. Office With Shook Team

    New York law firm Hughes Hubbard & Reed LLP will open a Kansas City, Mo., office in 2012 with product liability attorneys from Kansas City-based Shook Hardy & Bacon LLP in a bid to expand its national litigation practice, the company confirmed Thursday.

  • December 7, 2011

    Greenburg Traurig Launches Israel Office

    Greenberg Traurig LLP will open a new office in Israel in early 2012, the first international law firm to have a full-time office servicing a wide range of commercial industries and business matters in the country, Greenberg announced Tuesday.