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Business of Law

  • 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.

  • October 11, 2010

    Ex-Wang Hartmann Atty Calls Firm's IP Suit Ridiculous

    An ex-attorney for Wang Hartmann Gibbs & Cauley PLC refuted on Monday its claims that he infringed its trademark and operated a stealth U.K. branch of the California-based firm, saying he started the firm with Wang Hartmann's blessing.

  • October 11, 2010

    Legal Market A Bright Spot In Bleak Jobs Numbers

    While the broader U.S. economy shed jobs for yet another month, the legal industry continued to rebound, according to the most recent Bureau of Labor Statistics survey on the job market.

  • October 11, 2010

    6 Tips For Success At The Settlement Table

    The vast majority of lawsuits filed every day are destined to settle, so being well-prepared for settlement talks is a vital skill for any attorney. Law360 spoke with experienced litigators to get their tips on how to conduct settlement negotiations to ensure the best results for clients.

  • October 8, 2010

    Calif. Law Firm Sues Ex-Atty Over Secret UK Spin-Off

    Wang Hartmann Gibbs & Cauley PLC has sued a former attorney for secretly operating a UK branch of the California firm and collecting billings without its knowledge.

  • October 8, 2010

    3 Partners To Leave Addleshaw To Start Boutique

    U.K. firm Addleshaw Goddard LLP confirmed Friday that 11 attorneys — including three partners — would be departing the firm at the end of October to set up their own boutique practice.

  • October 8, 2010

    Post-Downturn, Lawyers Rethink Marketing Choices

    Recent economic turbulence has forced law firms and lawyers to rethink their business development strategies, and the downturn has pushed some to make better choices about how they promote their services. But many lawyers are still wasting resources on activities that won't generate a worthwhile amount of business, experts say.