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Business of Law

  • October 28, 2010

    Ex-Holland & Knight Atty Escapes Sanction In Bias Suit

    A New York judge has refused to impose a recommended $2,500 sanction for a former Holland & Knight LLP partner who allegedly missed a discovery deadline in his wrongful termination suit against the firm.

  • October 27, 2010

    Young Ex-BigLaw Attys Succeed With Own Boutique

    After testing the BigLaw waters, Gregory Doll, Hunter Eley and Michael Amir, then associates in their early 30s, made the risky move of launching a boutique firm. Five years later, they have a 10-0 trial record and a book of over 250 clients, proving that options can be broader than the big-firm route for young attorneys who want to succeed while doing interesting trial work.

  • October 26, 2010

    Corp. Counsel To Subject Firms To Pass/Fail Test

    With shrinking budgets and expanding legal demands, corporate counsel are planning to put their outside firms to a tough pass-or-fail test in 2011 to determine whether their high expectations are being met, a new report on corporate legal spending says.

  • October 26, 2010

    Face Of Managing Partner Is Key To Profits: Study

    A psychological study has concluded that law firms are more profitable when they are led by managing partners who are perceived as having powerful-looking faces, though at least one attorney ranked high in the study expressed skepticism at the connection.

  • October 26, 2010

    GCs Put New Focus On Finding Better Value In 2011

    In-house counsel at major companies are expected to put a new emphasis on squeezing more value from their outside firms in 2011 — and they won't be shy about shopping around to get the most bang for their buck, a new report on corporate legal spending says.

  • October 26, 2010

    Regulatory Market To See Steady Growth In 2011

    The legal market for regulatory work is expected to see slight but steady growth in 2011, fueled by corporate counsels' increasing concerns about sweeping regulatory reforms in the first two years of the Obama administration, a new report on corporate legal spending says.

  • October 25, 2010

    Litigation Spending To Keep Ticking Upward In 2011

    While corporate legal spending is expected to level off in 2011, in-house attorneys project some growth in litigation and class action spending, a new report on corporate legal spending says.

  • October 25, 2010

    Get Used To Demanding GCs

    A company's general counsel now holds the cards in the law firm-client relationship, a shift in the balance of power that is likely here to stay, a new report on corporate legal spending says.

  • October 25, 2010

    In-House Counsel Ready To Shop Around In 2011

    Growth in the corporate legal market is expected to level off in 2011, creating fierce competition among firms fighting to grab and hold on to the few new opportunities out there, a new report on corporate legal spending says.

  • October 21, 2010

    ABA Bid To Accredit Foreign Schools Sparks Resistance

    An American Bar Association panel's recommendation to open up the accreditation process to foreign law schools has garnered its share of proponents — but critics see the proposal as premature and potentially harmful to the U.S. job market.

  • October 20, 2010

    CLOs To Shift Work In-House, Beef Up Staff: Survey

    As more corporate law departments bulk up their in-house teams, 29 percent say they are planning to decrease their use of outside counsel over the next year, according to a new survey from Altman Weil Inc.

  • October 19, 2010

    Most Cos. Cut Outside Counsel Spending: Survey

    In-house law departments have scaled back on their total legal spending for the first time in 10 years, with most of them slashing outside counsel costs, according to a new survey.

  • October 19, 2010

    How To Navigate The Gray Area Of Partner Departures

    Leaving a law firm is rarely easy, and differences among the states in the rules governing the process only serve to complicate matters. Here, legal experts share their thoughts on how to make a graceful exit that will leave everyone happy.

  • October 18, 2010

    Firms Say 'Out And Proud' Makes Good Business Sense

    Now that clients have begun to count sexual orientation as a factor in assessing firm diversity, more law firms are starting to encourage lawyers to be open about sexuality in hopes of boosting business opportunities, attorneys say.

  • October 13, 2010

    5 Things Partners Should Ask Before Jumping Ship

    As the economy shows signs of recovery, some lawyers who stuck it out with their firm during the worst of times are starting to get the itch to leave, but just because they’ve come down with a case of cabin fever doesn’t necessarily mean they should jump ship.

  • October 12, 2010

    GCs Predict Uptick In Litigation Spending

    Corporate counsel expect new lawsuits to continue to pour in over the next year, thanks to a still-flailing economy and an increase in regulation, according to the 2010 Fulbright & Jaworski LLP Litigation Trends Survey.

  • October 12, 2010

    Budget Failures Drive In-House Counsel To Ditch Firms

    Frustrated with firms' inability to manage costs, 13 percent of companies opted to dump their outside counsel, according to the 2010 Fulbright & Jaworski LLP Litigation Trends Survey.

  • October 12, 2010

    Alternative Fees Gain Sway With Corporate Counsel

    More than half of corporate counsel surveyed in a recent report indicated that they used some form of alternative billing for their legal work. But the question of whether less-traditional billing methods will continue to spread is still up in the air, according to the 2010 Fulbright & Jaworski LLP Litigation Trends Survey.

  • October 12, 2010

    Going Global Could Create Ethical Snags For Lawyers

    As lawyers expand their practices around the world, technological innovations and globalization could outpace existing ethical rules for such things as confidentiality and attorney-client privilege, leaving attorneys vulnerable to civil liability.

  • October 11, 2010

    Bronze Star Winner Among High Court Clerks For 2011

    One of U.S. Supreme Court Chief Justice John G. Roberts' new law clerks for the October 2011 term did three combat tours in Iraq, won two Bronze Star medals and spoke out in support of Justice Elena Kagan's treatment of veterans on campus, claiming she supported them during her tenure as dean at Harvard Law.