A federal judge's recent decision that AT&T can complete its $85 billion purchase of Time Warner and Disney's raised bid for parts of 21st Century Fox might have in-house counsel wondering what they'd do if a merger happened at their companies. Here, Law360 looks at how GCs and other in-house attorneys can prepare.
One firm took the title of most prestigious law firm in the U.S. in the eyes of associates for the third year running, according to the results of a survey released Wednesday.
The recent race among law firms to raise salaries and bonuses for associates is likely to change the recruitment landscape for young lawyers and put further distance between an elite echelon of highly profitable firms that can attract the top talent and everyone else, but the upshot for clients is less clear.
The 2018 Law360 Diversity Snapshot shows only incremental progress on racial and ethnic diversity in the attorney workforce. At every level of a typical law firm, minority attorney representation increased by less than a percentage point from last year’s survey.
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.
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.
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.
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.
Larger firms could risk losing clients and partners if they remain too inflexible in a flailing economy, some experts say.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
After days of casting ballots, the partners at Clifford Chance LLP have voted to review the partnership structure, a move that is likely to result in cutbacks at the Magic Circle firm.
Saul Ewing LLP has laid off seven associates and seven staff employees, its second round of layoffs in the face of a deepening recession.
DLA Piper has said most of its partners in the U.S. will be looking at a pay cut in 2009, which the firm expects to be a down year. The revelation comes less than two weeks after it was reported that Dewey & LeBoeuf LLP had cut compensation for 66 of its partners.
After suffering an irreparable blow from the recession, especially in the firm’s core real estate practice, WolfBlock LLP has announced it will liquidate, adding to the growing number of attorneys who will find themselves out of work as firms continue to whittle down struggling practice areas.
McGuireWoods LLP has announced plans to merge with London-based international law firm Grundberg Mocatta Rakison LLP, broadly expanding its international capabilities in Europe and Russia.