Two international law firms announced last week that they were parting ways with U.K. partners after allegations from more than a year ago were suddenly brought to light, in what could be the start of a longer public re-evaluation of how the legal industry addresses — or fails to address — claims of sexual misconduct within its ranks.
BigLaw’s embrace in recent decades of a top-down management style and ever-looser definitions of what constitutes a true “partner” have emerged as key questions in a handful of pay and gender discrimination cases brought by female lawyers, and the answer could decide the scope of such suits and whether they end up in arbitration.
Law firm revenue was up 4.5 percent in 2017, matching the biggest uptick the legal industry has seen in the past decade, according to a report released Wednesday by Citi Private Bank’s law firm group, which attributed the success to increases in law firm rates and demand.
What one Norton Rose Fulbright partner learned about how to be a better lawyer by taking an "adult timeout" from his busy ERISA practice and learning to embrace his sense of adventure.
A number of law firms earned high marks in a Human Rights Campaign Foundation survey that rated more than 590 businesses on lesbian, gay, bisexual and transgender workplace benefits and policies, with 43 percent of the 200 largest firms in the U.S. receiving a perfect score for their LGBT-friendly practices.
When the U.S. Supreme Court hears Perdue v. Kenny A., a case hinging on whether a federal judge can increase a fee award for exceptional performance by pro bono plaintiffs attorneys, on Oct. 14, it will be forced to grapple not only with legal issues but with the public policy of civil rights class actions.
Changes and reductions made to associate pay will likely outlast the recession as law firms increasingly move toward merit-based systems of compensation, consultants said.
Adams & Reese LLP has asked a district court to bump up the hearing date on its motion for summary judgment in a suit brought by Asset Funding Group LLC over A&R’s alleged conflict of interest during the 2005 bankruptcy of Evans Industries LLC.
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Arnold & Porter LLP has laid off 44 staffers in its U.S. offices, though no attorneys have been affected, the firm announced Friday.
U.S. District Judge Denny Chin, who handed Bernard L. Madoff the maximum penalty of 150 years in prison for masterminding a $65 billion Ponzi scheme, has been tapped for a place on the federal appeals court in New York, a spokesman for Sen. Charles Schumer, D-N.Y., has confirmed.
U.K. law firm Eversheds LLP announced Thursday that it had begun a redundancy consultation in its real estate group that could affect up to 22 attorneys and 95 secretaries, blaming the long-term decline of the real estate market and overall poor economic climate.
While alternative fee arrangements surged in the midst of the economic crisis, legal experts say they will remain long after the economy bounces back as both law firms and clients begin to rethink the traditional billable hour.
First they went after administrative and support staff, then they stripped the associate ranks. Now law firms are shaking unprofitable midlevel partners loose as demand for legal services continues to wane, according to consultants.
The New York State Bar Association and the state court system have unveiled a new pro bono law clerk program for unemployed lawyers, aiming to make it easier for laid-off attorneys to find a job and provide important help to increasingly busy state courts.
Following a period of relative calm, Sonnenschein Nath & Rosenthal LLP has reportedly let go of an estimated 30 lawyers, including 10 income partners.
The international law firm Fulbright & Jaworski LLP reportedly has done away with a lockstep advancement program for associates in favor of competency-based programs.
Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., has unveiled legislation that would take a stab at unclogging the nation's court system and easing judges' staggering caseloads by authorizing a slew of additional permanent and temporary judgeships.
With a September special session just days away and a busy term to follow, those looking for differences between Sonia Sotomayor, the newly appointed U.S. Supreme Court justice, and departing Justice David Souter may not have to wait for long.
Kirkland & Ellis LLP has reportedly laid off more than 20 associates in its New York office and an unspecified number in its Washington office.
Prominent former federal prosecutors and trial lawyers Robert S. Bennett, who served as President Bill Clinton's personal attorney during the Paula Jones investigation, and Carl S. Rauh will leave their positions at Skadden Arps Slate Meagher & Flom LLP later this month to join Hogan & Hartson's Washington office.
A federal appeals court could take on a suit in which the widow of Arthur Kramer, who helped found law firm Kramer Levin Naftalis & Frankel LLP, is seeking $56 million from her husband's life insurance policies, in a case that would clear up how New York state law applies to stranger-owned life insurance.
Mayer Brown LLP reportedly will ask about half of its New York-based first-year associates to start earlier than expected this year, making it the second law firm to do so in the last week.
Intellectual property firm Fish & Richardson PC will reportedly eliminate its corporate practice group by Jan. 1.