Business of Law

  • September 14, 2009

    87 Law Firms Score A+ On LGBT Workplace Report

    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.

  • September 14, 2009

    Fee Awards Suit To Illuminate Class Action Policy

    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.

  • September 14, 2009

    No End In Sight For Associate Pay Cuts

    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.

  • September 14, 2009

    Adams & Reese Seeks Earlier Hearing In Conflict Suit

    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.

  • September 11, 2009

    LeClair Partner Helps Lawyers Too Busy For Love

    Lawyers don't exactly have the most accommodating schedules to work with when it comes to seeking out that special someone. Working long hours and having clients who could call at any given moment with a crisis make the prospect of finding time for a date a real challenge, if not an impossible feat. Who better to understand their plight than another lawyer? That's the theory behind

  • September 11, 2009

    Arnold & Porter Cuts 44 Staff Members

    Arnold & Porter LLP has laid off 44 staffers in its U.S. offices, though no attorneys have been affected, the firm announced Friday.

  • September 10, 2009

    Madoff Judge Heading To 2nd Circ.: Sen. Schumer

    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.

  • September 10, 2009

    UK's Eversheds May Cut 22 Lawyers, 95 Staff

    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.

  • September 10, 2009

    Alternative Billing Not Just Recession Fad: Experts

    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.

  • September 9, 2009

    Firms Quietly Show Partners The Door

    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.

  • September 9, 2009

    NY Unveils Clerkship Program For Laid-Off Attys

    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.

  • September 9, 2009

    Sonnenschein Axes Another 30 Lawyers

    Following a period of relative calm, Sonnenschein Nath & Rosenthal LLP has reportedly let go of an estimated 30 lawyers, including 10 income partners.

  • September 8, 2009

    Fulbright & Jaworski Nixes Lockstep Advances

    The international law firm Fulbright & Jaworski LLP reportedly has done away with a lockstep advancement program for associates in favor of competency-based programs.

  • September 8, 2009

    Bill Seeks To Unclog US Courts With New Judges

    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.

  • September 4, 2009

    Sotomayor Could Part Ways With Souter In Key Cases

    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.

  • September 3, 2009

    Kirkland & Ellis Lays Off Associates In NYC, DC

    Kirkland & Ellis LLP has reportedly laid off more than 20 associates in its New York office and an unspecified number in its Washington office.

  • September 3, 2009

    Hogan & Hartson Nabs Ex-Clinton Atty From Skadden

    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.

  • September 1, 2009

    Judge Sends $56M Life Insurance Spat To 2nd Circ.

    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.

  • September 1, 2009

    Mayer Brown Asks Deferred Associates To Start Early

    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.

  • August 28, 2009

    Fish & Richardson To Cut Corporate Practice Group

    Intellectual property firm Fish & Richardson PC will reportedly eliminate its corporate practice group by Jan. 1.