Business of Law

  • January 2, 2008

    Litigation Suffers Slump In 2007

    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.

  • January 1, 2008

    Tort Reform A Dead Issue In Election 2008

    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.

  • January 1, 2008

    Specter Of Recession Looms Large For Law Firms

    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.

  • January 1, 2008

    Law Firm Pay Hikes Raise Stakes – And Eyebrows

    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.

  • December 20, 2007

    Happy Holidays From Law360

    Please note that our newsletters will not be published between Monday, Dec. 24, 2007, and Tuesday, Jan. 1, 2008.

  • January 1, 2008

    Law Firms Go Abroad For Booming Global Business

    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.

  • December 17, 2007

    Bill Would Change Rules On Attorney-Client Info

    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.

  • December 17, 2007

    K&L Gates' Latest Merger Gets Green Light

    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.

  • November 15, 2007

    Chadbourne & Parke Merger Talks Fall Apart

    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.

  • November 14, 2007

    Companies Pick Up Tab For Lawyer Pay Hikes: Survey

    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.

  • November 13, 2007

    Supreme Court To Tackle Paralegals' Fees

    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.

  • November 2, 2007

    Wal-Mart Puts Foot Down On Rising Legal Fees

    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.

  • October 30, 2007

    Edwards Angell, Kendall Freeman To Merge

    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.

  • October 12, 2007

    E-Discovery Plays Greater Role In Cases: Survey

    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.

  • October 12, 2007

    Litigation Declines For First Time In Years: Survey

    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.

  • October 5, 2007

    Locke Lord Targets Global Clients As Merger Wraps Up

    With Locke Liddell and Lord Bissell now operating as a single firm, legal powerhouses are nervously eyeing an emerging national rival across practice areas.

  • October 5, 2007

    Sidley Austin To Pay $27.5M To End Age Bias Suit

    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.

  • September 26, 2007

    Dewey & LeBoeuf Is Christened

    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.

  • August 27, 2007

    Dewey, LeBoeuf Merger Creates $1B Giant

    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.

  • May 24, 2007

    Locke Liddell To Combine With Lord Bissell

    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.