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Business of Law

  • 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.

  • December 7, 2011

    Cyber Dispute Resolution Could Slash Legal Costs: Attys

    A General Electric Co. unit's recent move to arbitrate simple commercial disputes online signals burgeoning support in the legal world to move certain battles to cyberspace to slash legal costs, experts say.

  • December 7, 2011

    Sheppard Mullin Enters S. Korea With Seoul Outpost

    Sheppard Mullin Richter & Hampton LLP will open an office in Seoul in the first quarter of 2012, it said Wednesday, following the recent ratification of the free trade agreement between the U.S. and South Korea.

  • December 6, 2011

    Arnold & Porter To Tie Knot With SF's Howard Rice

    Arnold & Porter LLP will merge with San Francisco's Howard Rice Nemerovski Canady Falk & Rabkin PC on Jan. 1, creating a firm of more than 800 lawyers and boosting Arnold & Porter's California presence, the firms announced Tuesday.

  • December 6, 2011

    Shearman & Sterling To Match Cravath's Year-End Bonuses

    Shearman & Sterling LLP confirmed Tuesday that it would be doling out $37,500 year-end bonuses to seventh-year and above associates, becoming the latest firm to match a benchmark set by Cravath Swaine & Moore LLP.

  • December 6, 2011

    Bryan Cave To Swallow Up Holme Roberts

    St. Louis-based Bryan Cave LLP and Holme Roberts & Owen LLP will merge their practices, expanding Bryan Cave's reach in the Western U.S. and in energy, natural resources and sports law, the firms said Tuesday.

  • December 6, 2011

    Senate Republicans Block DC Circ. Nominee Halligan

    U.S. Senate Republicans on Tuesday blocked President Barack Obama's nomination of former Weil Gotshal & Manges LLP lawyer Caitlin Halligan to a seat on the D.C. Circuit, the second federal appeals court nominee they've stonewalled this year.

  • December 6, 2011

    Cameras In High Court Not Up To Congress: Judge, Attys

    The U.S. Supreme Court should not be forced to televise oral arguments, attorneys and a Third Circuit judge opposing a new bill aimed at putting cameras in the high court told the U.S. Senate Judiciary Committee on Tuesday.

  • December 5, 2011

    Proskauer To Shell Out Bonuses Up To $37.5K

    Proskauer Rose LLP is the latest to match Cravath Swaine & Moore LLP’s $37,500 year-end associate bonuses for its seven-year veterans, the firm confirmed Monday.

  • December 5, 2011

    Kilpatrick Townsend Partners With Saudi Arabian Firm

    Kilpatrick Townsend & Stockton LLP will join forces with the Hani Qurashi Law Firm to serve clients in Saudi Arabia as well as multinational clients who conduct business in the Middle Eastern hub, the firm announced Monday.

  • December 2, 2011

    ABA Inches Closer To Nonlawyer Partner Option

    The American Bar Association's Commission on Ethics 20/20 asked for comments Friday on a discussion draft of a proposed change to the Model Rules of Professional Conduct that would allow nonlawyers to have ownership interests in law firms.

  • December 1, 2011

    Milbank Joins Year-End Associate Bonus Parade

    Milbank Tweed Hadley & McCloy LLP confirmed Thursday that it will join the parade of law firms handing out year-end associate bonuses, at levels matching the other firms.

  • December 1, 2011

    Jones Day Tops The List For Client Service, GCs Say

    Jones Day hopes the absence of an LLP at the end of its name is explicit to clients. That's because the firm self-identifies so strongly as a simple partnership that it doesn't compensate attorneys based on the business they bring in, instead focusing solely on finding the best attorney to solve each client's problem as efficiently as possible. It also rarely loses business, and it is preferred far and away by in-house attorneys for client service, according to a new survey.