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Business of Law

  • September 28, 2009

    Chadbourne Again Defers Incoming Associates

    Chadbourne & Parke LLP has again deferred the start date of about half its incoming associate class in New York to an unspecified time, a representative for the law firm confirmed Monday.

  • September 25, 2009

    Up-Front Atty Fees Should Be Put In Escrow: DC Court

    In deciding to sanction a Washington attorney, a District of Columbia appellate court has said that lawyers should place flat fees paid up front by clients in a trust account.

  • September 25, 2009

    Legal Experts Doubt Twitter's Ability To Bring In Cash

    With everybody seeming to jump on the Twitter bandwagon these days, law firms may be tempted to join in, but some legal experts remain skeptical of how effective a marketing tool the micromessaging service is for firms.

  • September 24, 2009

    Arent Fox Revokes Some Associate Offers

    Arent Fox LLP has revoked some of the employment offers it made to its incoming associate class, a firm representative confirmed Thursday.

  • September 24, 2009

    ABA Seeks Quick Win In Red Flags Rule Challenge

    The American Bar Association is urging a federal judge to deliver a prompt and favorable ruling in its fight against the Federal Trade Commission, which plans to apply its controversial Red Flags Rule to lawyers beginning Nov. 1.

  • September 24, 2009

    Firms Must Up Value To Fend Off Outsourcing: Experts

    As document review, research and simpler transactional work become commoditized and easier for clients to outsource, large firms looking to maintain a competitive edge must start thinking creatively about how to perform more services for less money, experts said.

  • September 23, 2009

    Law Departments Turn To E-Billing To Save Costs

    As more law firms and law departments make the move to electronic billing, corporate clients are finding they can use the systems for more than just catching improper billings.

  • September 23, 2009

    Wilson Sonsini Puts Freeze On Staff Salaries

    Wilson Sonsini Goodrich & Rosati PC has reportedly extended its associate salary freeze to staff members.

  • September 23, 2009

    Orrick Settles Dispute Over Headhunter's Fee

    Orrick Herrington & Sutcliffe LLP has reached a settlement in a suit brought by Steven Douglas Associates Inc. alleging that the law firm refused to pay up after three attorneys recommended by the recruiting firm were hired.

  • September 22, 2009

    Fasken Martineau Touches Down In Paris

    Canadian firm Fasken Martineau DuMoulin LLP has merged with Gravel Leclerc & Partners to open a new office in Paris stocked with three co-founders and four partners from the French law firm, as well as four attorneys from Dewey & LeBoeuf LLP.

  • September 22, 2009

    Partner Rates Plummet At Top London Firms: Report

    Partner billing rates have fallen to their lowest level in at least five years at the top five London-based law firms, according to a newly released survey.

  • September 22, 2009

    Pro Bono Boom Will Outlast Recession: Experts

    The U.S.' deepest recession since the Great Depression has spurred attorneys and firms to ferret out more pro bono work to stay busy and network, but that surge is part of a trend that will grow as the economy recovers: firms using unpaid work to make connections and train green associates, legal industry experts say.

  • September 22, 2009

    How To Get Your Cert Petition Granted

    The biggest mistake lawyers make when writing up a petition for a writ of certiorari is thinking of it as just another appeal, experts say. Here is a list of tips compiled by Law360 for filing a cert petition that is sure to pique the interest of U.S. Supreme Court justices.

  • September 21, 2009

    Alston & Bird Further Defers Incoming Associates

    Alston & Bird LLP has further deferred the start date for some members of its incoming associate class from January 2010 to an unspecified point later in 2010.

  • September 21, 2009

    Law Firm Model Headed For Overhaul: Experts

    As law firms continue to wrestle with the havoc wreaked by the recession, legal experts are predicting that the way firms are structured could undergo a major change as they adjust the model to fit the economics of the day.

  • September 18, 2009

    Cashing In On New Regulatory Environments

    As the Obama administration works toward overhauling regulation of the financial and health care sectors, law firms looking to cash in need to position themselves as experts in the fields and make sure they're staffed to handle their clients' changing needs, experts say.

  • September 18, 2009

    Thelen Files For Ch. 7 Months After Dissolving

    Defunct law firm Thelen LLP filed a Chapter 7 bankruptcy petition Friday after secured creditor Citibank NA cut off funding for the cost of collection and wind-down operations.

  • September 18, 2009

    Do's And Don'ts When Arguing Before The Justices

    As the U.S. Supreme Court gets set to kick off another term, Law360 talked to several top appellate practitioners for tips on preparing and presenting oral argument before the justices. Think a moving, impassioned speech will sway them? Think again. How about a joke to break the ice? What, are you Jerry Seinfeld?

  • September 17, 2009

    Senate Confirms Lynch For 2nd Circ. Spot

    The U.S. Senate handily confirmed Judge Gerald Lynch to serve on the U.S. Court of Appeals for the Second Circuit, elevating a New York federal judge who has presided over cases related to the collapse of Refco Inc. and the alleged sexual harassment at Madison Square Garden.

  • September 17, 2009

    Major Firms Eye Alternative Billing Options

    In a sign that major law firms may be warming up to more flexible billing arrangements, O’Melveny & Myers LLP, Reed Smith LLP and Mayer Brown LLP are reportedly considering offering their clients alternative payment plans, including fixed-fee structures.