Law firms may need to rethink the way they interview and hire to reverse the steady tide of attorneys jumping ship in today’s highly active lateral market. Here are two tactics for finding and hiring lawyers that some say could prevent them from leaving in the long run.
In the age of technology and artificial intelligence, a majority of United States corporate legal departments say they’ve seen no innovation from their law firms and legal service providers in the past year, the research firm Acritas said Thursday.
Meditation and mindfulness hold the potential to help law firm leaders do their jobs better, according to a pair of speakers at the American Bar Association's TechShow in Chicago on Thursday.
The school shooting in Florida last month led masses of students and other Americans to organize protests calling for stricter gun laws and boycotts against companies over their relationships with the National Rifle Association — and some businesses and their in-house legal advisers may be left weighing the pros and cons of joining the growing crackdown of gun sales.
The number of federal lawsuits filed in 2007 fell markedly from the year before, indicating a possible slump in litigation volume, our analysis of federal dockets shows.
Tort reform is no longer a political hot potato and probably won't have much impact on the Presidential election campaign, but the issue could gain some traction in congressional races, observers say.
With the economy seemingly on the brink of a downturn, some lawyers are starting to wonder how their industry will fare in a much tougher climate.
Lawyers' salaries skyrocketed to unprecedented levels last year, a boost seen by some in the legal field as a justifiable necessity in the face of stiffening competition. But the pay hikes left others with a bitter taste in their mouths, heating up the debate over how far firms should go to attract and retain talented professionals.
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China, Dubai, Abu Dhabi, Japan and the European Union. Law firms broke new ground or bulked up existing offices in these countries or regions in 2007. The firms followed clients in industries such as energy, financial services and technology as they chased new business opportunities abroad.
Leaders of the Senate Judiciary Committee have introduced bipartisan legislation that aims to modify rules that cover the discovery process for attorney-client communications and attorney work product.
Paving the way for a fresh start for Kirkpatrick & Lockhart Preston Gates Ellis LLP and Hughes & Luce LLP, the two firms’ partners have signed off on a proposal to join forces in the new year.
Chadbourne & Parke LLP said Wednesday that merger talks with U.K.-based Watson Farley & Williams LLP had collapsed amid disputes over several aspects of the proposed deal.
The country's largest companies are spending more than ever on legal fees, but the increase in legal expenditures is due just as much to the jump in attorney salaries as it is to a spike in litigation, according to a new survey.
The U.S. Supreme Court on Tuesday agreed to weigh in on the rate at which paralegals' fees may be assessed against the U.S. government in adversarial and administrative proceedings, and more broadly to provide guidelines on how much plaintiffs can recover for the costs of paralegals' services.
Wal-Mart Stores Inc. might be the first big corporation to openly declare a moratorium on starting salary hikes for its outside firms' associates. But according to experts, in-house counsel across all industries share its anxieties.
U.S. law firm Edwards Angell Palmer & Dodge LLP and U.K.-based Kendall Freeman have announced plans to merge, expanding the U.S. firm’s geographical reach and enhancing both firms’ presence and capacities in all practice areas.
Companies are ratcheting up their data retention policies as voice mail, instant messages and other technologies play an ever-increasing role in discovery, according to a new study by Fulbright & Jaworski LLP.
U.S. companies reported a noticeable drop in the number of lawsuits filed against them over the past year, though they continue to face large quantities of expensive cases across multiple practice areas, according to a new study by Fulbright & Jaworski LLP.
With Locke Liddell and Lord Bissell now operating as a single firm, legal powerhouses are nervously eyeing an emerging national rival across practice areas.
In a decision deemed as affirmation that mandatory retirement plans at law firms are not immune from age discrimination laws, Sidley Austin LLP has agreed to pay $27.5 million to resolve allegations by the U.S. Equal Employment Opportunity Commission that 32 former partners were forced out because of their age.
Dewey Ballantine LLP and LeBoeuf, Lamb, Greene & MacRae LLP can begin printing their letterhead with the name Dewey & LeBoeuf LLP now that both firms' partners have thrown their weight behind the merger announced last month.
Two large New York law firms have agreed to merge in a deal that would create a firm spanning 12 countries with 1,300 attorneys and revenues of about $1 billion.
Locke Liddell & Sapp LLP and Lord Bissell & Brook LLP said Thursday that they would soon merge into a 700-attorney powerhouse with 10 U.S. offices and another one in London.