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Business of Law

  • April 29, 2011

    Virginia AG Drops King & Spalding Over DOMA Flap

    The controversy surrounding King & Spalding LLP's decision to represent — and then drop — lawmakers interested in defending the federal ban on gay marriage continued Friday as Virginia Attorney General Ken Cuccinelli reportedly terminated his relationship with the firm.

  • April 29, 2011

    Demand For Legal Services Grew In Q1, Report Says

    Law firms saw an increase in demand for legal services in the first quarter of 2011, though only a slight bump in rates, according to a report from consulting firm Hildebrandt Baker Robbins released Friday.

  • April 29, 2011

    IP, Labor Attys More Likely To Offer Alternative Fees

    While flat fees remain the most popular alternative fee offered to corporate clients, the unique demands of certain practice areas have law firms turning to other types of fees as well, according to a new survey of firm leaders and in-house attorneys.

  • April 29, 2011

    Time May Be Ripe For National Oversight Of Attys

    A recent proposal by a group of law firm general counsels for national oversight of attorneys could be the first step in a movement to replace the existing patchwork of regulations that firms must contend with in their interstate practices, industry experts say.

  • April 28, 2011

    Arnstein & Lehr Snags Ill. Lawmaker For Gov't Group

    Arnstein & Lehr LLP announced Wednesday that it had hired Illinois state Rep. Jim Durkin, R-Western Springs, as a partner to boost the Chicago-based firm's governmental and municipal affairs practice.

  • April 28, 2011

    Firms Fear Potential Pitfalls Of Alternative Fees

    Most corporate clients now expect firms to offer alternative fees, and while many do, some remain resistant to bailing on the billable hour in favor of potentially riskier cost arrangements, according to a new survey of firm leaders and in-house attorneys.

  • April 27, 2011

    Employment, IP Lawyers Will Feel Alt Fee Heat

    Now that in-house lawyers have gained ground in scoring alternative fee agreements for litigation and deals, firms anticipate clients will balk at the billable hour for labor and intellectual property work, a new survey of firm leaders and corporate counsel says.

  • April 27, 2011

    UK Fraud Agency's GC Headed To McGuireWoods

    The general counsel of the U.K.'s Serious Fraud Office is leaving to join the London office of Richmond, Va.-based McGuireWoods LLP later this summer, the firm announced Wednesday.

  • April 27, 2011

    Con-Way Adds Owens Corning's Top Atty As GC

    Michigan freight company Con-way Inc. announced Wednesday that it had tapped Owens Corning's top attorney as its general counsel.

  • April 26, 2011

    Fla. Panel Passes Plan To Split State's Top Court

    The Florida Senate budget committee signed off on a controversial amendment Monday that would add justices to the state Supreme Court and split it into civil and criminal divisions, in what opponents claim is a politically-motivated attempt to pack the courts.

  • April 26, 2011

    Some Law Firms Profiting From Alternative Fees

    Nearly one-third of law firms report making higher profits with alternative fees than the billable hour, positioning them to take advantage of this strategic weapon, according to a new survey of firm leaders and corporate counsel.

  • April 26, 2011

    Former Sen. Coleman Joins Hogan Lovells In DC

    Hogan Lovells announced Tuesday that former Sen. Norm Coleman, R-Minn., will be joining the firm as a senior government adviser in its Washington office.

  • April 25, 2011

    In-House Counsel Plan To Increase Use Of Alt Fees

    Corporate counsel in recent years have increasingly turned to alternative fee arrangements with law firms over traditional hourly billing, and the trend shows little sign of slowing, according to a new survey of law firms and in-house attorneys.

  • April 25, 2011

    Law Firm Meltdowns A Boon For Lawyers' Counsel

    The recent demise of law firms such as Howrey LLP has ushered in new opportunities for attorneys representing other lawyers and firms in disputes stemming from the collapses, experts say.

  • April 25, 2011

    Clement Quits King & Spalding After Firm Drops DOMA

    Former U.S. Solicitor General Paul Clement abruptly quit King & Spalding LLP on Monday after the firm, following public outcry, abandoned the defense of a federal law that effectively bans same-sex marriage.

  • April 22, 2011

    Wilson Sonsini To Offer Pay At Pre-Freeze Levels

    Wilson Sonsini Goodrich & Rosati PC reportedly said Friday it plans to compensate associates with salaries at prefreeze levels.

  • April 22, 2011

    Akin Gump Latest To Join Spring Bonus Bonanza

    Akin Gump Strauss Hauer & Feld LLP announced Friday that it will award spring bonuses to its associate- and counsel-level attorneys, joining the ranks of other major global law firms that have opted to reward their lawyers with extra payouts this season.

  • April 22, 2011

    Client Pressures Leading To Cost Recovery Changes

    Law firms are increasingly being pressured to alter their fee arrangements, which has turned them away from traditional cost recovery areas like copies and legal research and toward more modern areas like printing, according to a recent survey.

  • April 22, 2011

    Fla. High Court Suspends Adorno For 3 Years

    The Florida Supreme Court on Thursday suspended Henry Adorno, co-founder of now-defunct Adorno & Yoss LLP, from practicing law for three years over his role in negotiating a dubious $7 million settlement for plaintiffs in a class action against Miami.

  • April 21, 2011

    Big Firms Look To Gain Foothold In LA

    With a large talent pool, an evergreen entertainment industry and geographic proximity to Asian markets, Los Angeles is increasingly becoming a prime location for large national law firms looking to expand their geographic footprint, experts say.