Business of Law

  • April 8, 2009

    Developers Seek To Lift Stay In Dreier Bankruptcy

    The president and chief executive officer of Solow Realty & Development Co. have asked a bankruptcy court to lift a stay on prominent attorney Marc Dreier's Dreier LLP, saying a pending circuit court appeal over the amount and validity of an award to a rival developer would not otherwise be fairly decided.

  • April 8, 2009

    Barnes & Thornburg Launches Outpost In Atlanta

    Barnes & Thornburg LLP has expanded into the Southeast with the addition of an office in Atlanta, which will be staffed by two former partners from Bryan Cave LLP.

  • April 7, 2009

    McCarter, Pugh Jones Join Up But Don't Merge

    Pugh Jones Johnson & Quandt PC, a 23-attorney Chicago firm, has joined forces with McCarter & English LLP, with the two reaching an agreement to provide coordinated legal services while remaining separate firms.

  • April 6, 2009

    High Court To Consider Question Of Fee Awards

    The U.S. Supreme Court has agreed to hear a case that examines whether attorneys' fees awarded at the conclusion of a lawsuit can be increased by a judge based on the quality of the work done.

  • April 2, 2009

    Obama Nominates 2 For Appeals Courts

    President Obama has tapped Judge Andre Davis of the U.S. District Court for the District of Maryland and Judge Gerard Lynch of the U.S. District Court for the Southern District of New York to fill two vacancies on federal appeals courts.

  • April 2, 2009

    Mayer Brown, Hogan & Hartson Cut More Than 200

    Law firm layoffs continued Thursday for the fourth straight day, with Mayer Brown LLP making its third round of cuts in less than five months — 45 attorneys and 90 administrative staff members at its U.S. offices — and Hogan & Hartson LLP terminating 93 secretarial positions.

  • April 3, 2009

    Nixon Peabody Draws E-Discovery Guru To DC

    Nixon Peabody LLP has added an e-discovery expert litigator to its Washington, D.C., office to run a new information law group focusing on electronic data protection strategy.

  • May 5, 2009

    Associate Losses May Be Paralegals' Gain

    As associates fight for their survival, law firms are looking to paralegals to help them ride out the economic storm at a fraction of the price, some legal experts say.

  • April 1, 2009

    Flexible Billing Lures Some To Smaller Firms

    Larger firms could risk losing clients and partners if they remain too inflexible in a flailing economy, some experts say.

  • April 1, 2009

    Locke Lorde Cuts 6% Of Attorneys

    Locke Lord Bissell & Liddell LLP has laid off about 40 attorneys and some staff, blaming clients' falling demand for legal services in a deepening recession.

  • March 31, 2009

    Reed Smith Cuts 100; Robinson & Cole Lays Off 30

    Reed Smith LLP will cut 100 positions, including those of attorneys in the U.S., and Robinson & Cole LLP will eliminate 30 in the latest round of layoffs resulting from the ripple effects of a struggling global economy.

  • March 30, 2009

    200 Laid Off From Fried Frank, Stroock, Manatt

    More law firm reductions kicked off the week, with Fried Frank Harris Shriver & Jacobson LLP laying off 99, Manatt Phelps & Phillips LLP letting go of 25 and Stroock & Stroock & Lavan LLP cutting 10 percent of its work force.

  • March 30, 2009

    Economic Anxiety Could Kill Firms' Urge To Merge

    Despite predictions that the ongoing economic crisis could spur more law firm mergers this year, some legal experts contend that the linkups don't ultimately save firms a significant amount of money and that the fear of taking on another firm's finances could deter firms from joining forces.

  • March 30, 2009

    Managing Partners Predict Little Growth In 2009

    Managing partners hold negative views about the economy at large, the legal market and the financial health of their own firms, according to a report released Monday.

  • March 27, 2009

    Miller Canfield To Link Up With Gaertner Tobin

    Adding to a string of recent law firm mergers, Miller Canfield Paddock & Stone PLC announced Friday that it would join forces with Toronto-based firm Gaertner Tobin LLP, establishing its 17th branch office.

  • March 27, 2009

    Skadden, Gibson Dunn, Frost Brown Lay Off Staffers

    The spate of law firm layoffs continued Friday, with Gibson Dunn & Crutcher LLP, Skadden Arps Slate Meagher & Flom LLP and Frost Brown Todd LLC all announcing significant staff reductions.

  • March 26, 2009

    Lawyers Still Positive About Staff Growth: Survey

    Despite near-daily reports of legal industry layoffs, nine in 10 lawyers believe their organizations will either add personnel over the next 12 months or experience no change in staffing levels, according to a survey released Thursday.

  • March 26, 2009

    Fox Rothschild Snaps Up Pastore Osterberg

    Fox Rothschild LLP plans to join forces with Pastore Osterberg LLC — which was formed from attorneys previously associated with now-defunct Dreier LLP — in a move that will add a 15th office to the Philadelphia-based firm's national platform.

  • March 26, 2009

    Lawyer Layoffs Reported At 3 Firms

    Three more law firms will be adding to their pink slip piles as Dechert LLP, Edwards Angell Palmer & Dodge LLP and Clifford Chance LLP all announced additional layoffs Thursday, racking up a total of 209 jobs cut, including those of 112 attorneys.

  • April 24, 2009

    SCOTUSblog Keeps Eagle Eye On High Court

    In the nearly seven years since it was launched, SCOTUSblog has grown from a side project by two attorneys into the pre-eminent resource for information about the Supreme Court — a far greater undertaking than they initially expected.