Some law firms posted huge revenue increases in 2016 when compared to their peers, eclipsing the average uptick of 4.3 percent, while others’ incomes dropped precipitously. Here, see which law firms’ revenue moved the most in this year’s Am Law 100.
Two former executives at Dewey & LeBoeuf LLP had no intent to defraud the doomed firm's banks and lenders, but were merely working as hard as they could to save a sinking ship, a jury heard on Thursday as the defense finished its role in the retrial.
A New Jersey appeals court on Thursday affirmed the dismissal of Racketeer Influenced and Corrupt Organizations claims in a lawsuit alleging a network of investment professionals forced an insurer’s financial ruin, finding that New York law, which doesn’t allow private civil RICO claims, applied because the alleged wrongdoing was concentrated in the Empire State.
The Federal Communications Commission released a promised draft plan of its proposal to reverse the reclassification of broadband as a utility on Thursday, seeking feedback on whether so-called bright line net neutrality rules are necessary and whether to “keep, modify or eliminate” them.
Law school dean Alexander Acosta, a former member of the U.S. Department of Justice and the National Labor Relations Board during the George W. Bush administration, was confirmed Thursday to serve as President Donald Trump’s secretary of labor.
A Fulton County, Georgia, grand jury has upgraded an involuntary manslaughter charge pending against a former Fisher Phillips employment partner to a charge of malice murder for shooting his wife to death, Fulton County District Attorney Paul Howard announced Thursday.
The Eleventh Circuit refused Thursday to revive a CNN app user’s litigation over alleged privacy violations, saying in a published decision that the man has standing under the U.S. Supreme Court’s landmark Spokeo decision, but his claims fail regardless because he doesn’t qualify as a “subscriber” under the Video Privacy Protection Act.
A Texas federal judge ruled Wednesday that Exxon Mobil Corp. must pay nearly $20 million in civil penalties for millions of pounds of air pollution from a refining and chemical complex in a Houston suburb, a win for environmental groups that saw their suit revived by the Fifth Circuit last year.
The D.C. Circuit on Thursday granted the U.S. Environmental Protection Agency’s request to delay a legal battle over the costs of the agency's rule limiting mercury and other toxic emissions from coal-fired power plants, canceling oral arguments that had been slated for May.
David Dao, the passenger on a United Airlines flight whose forced removal from a plane this month was captured on a viral video, has settled with the airline for an undisclosed amount, his attorneys said in a release Thursday.
South Korea’s Ministry of Health and Welfare has fined Novartis 55 billion South Korean won ($48 million) and stopped reimbursements for the Alzheimer's drug Exelon and chemotherapy drug Zometa after six of the company’s executives were charged with bribing doctors to use their products, the drugmaker confirmed Thursday.
Defense officials had warned former White House National Security Adviser Michael Flynn to clear any foreign payments before accepting them or risk violating the U.S. Constitution, but he made no attempt to do so, a senior Democratic lawmaker alleged Thursday.
A federal judge's quick dismissal of three fraternity brothers' defamation claims against disgraced journalist Sabrina Rubin Erdely and Rolling Stone over a false article detailing a sadistic rape culture at the University of Virginia drew intense scrutiny Thursday in the Second Circuit.
President Donald Trump vowed to conduct a sincere renegotiation of the North American Free Trade Agreement late Wednesday, capping off a tumultuous 12-hour period during which the White House was reportedly close to triggering a complete withdrawal from the trilateral accord.
The Second Circuit on Wednesday affirmed the dismissal of class allegations that JPMorgan Chase & Co. employees aided and abetted Bernie Madoff’s Ponzi scheme, agreeing with a lower court that JPMorgan’s lack of control over the scheme dooms the suit.
An Illinois federal judge on Wednesday told a putative class of P.F. Chang’s customers they could proceed with a lawsuit over a 2014 data breach despite the restaurant chain's objections, saying the Seventh Circuit already ruled the claims in the case were viable.
More Fox News workers from around the country may join a putative New York state class action alleging the network systemically discriminates against black workers, anchor and new named plaintiff Kelly Wright said Wednesday at a press conference with his attorney, Douglas Wigdor of Wigdor LLP.
A 15 percent tax rate for corporations and the repeal of a 3.8 percent tax on net investment income are the top priorities in the Trump administration’s tax reform agenda, according to a plan released by the White House on Wednesday.
The New York City Bar Association on Tuesday told the Second Circuit that it supported Cravath Swaine & Moore LLP in its bid to block the disclosure of Royal Dutch Shell PLC documents for a planned environmental and human rights suit abroad, saying that handing them over could hurt attorney-client relationships.
The U.S. Supreme Court on Wednesday appeared torn on how to resolve a high-stakes fight between Amgen and Sandoz, with justices expressing uncertainty about how to interpret the legal obligations of biosimilar makers.
Allowing attorneys to telecommute may seem like a great fix for law firms. But without significant changes to the firm's culture, telecommuting is just a patch applied to the problem of attrition, says Michael Moradzadeh, founding partner of Rimon PC.
A 1979 study of attorney-client interactions revealed startling information: Despite years of education and training to hone their legal expertise, attorneys were not acting as independent counselors but rather allowing their clients to control them. Our experience is that this trend has accelerated, say dispute resolution experts Robert Creo and Selina Shultz.
If Time Magazine is correct in that being a lawyer is one of the five worst high-paying jobs, it may be time for the legal profession to pull one from the playbook of musicians and professional athletes and seek to enter a state of “flow,” says Jennifer Gibbs of Zelle LLP.
Suffering from law firm ranking fatigue? Bewildered by the methodologies? If so, you're in good company. Alan Morrison, associate dean for public interest and public service law at George Washington University Law School, wonders just how far law firm ranking efforts may go.
Most people have never had an opportunity to personally take part in a legal case that directly challenges laws or policies they don’t agree with. Now that crowdfunding is available for legal cases, people can engage directly with legal change in the community and be a check on the powerful, says Julia Salasky, CEO of CrowdJustice.
Perhaps lost in the presidential post-election tumult was a report issued in late 2016 by an international body evaluating U.S. compliance with anti-money laundering and counter-terrorist financing standards. Considering repeated criticisms of the legal profession, the American Bar Association should seriously consider a new model legal ethics rule, says Kevin Shepherd of Venable LLP.
In the final segment of his series on lateral recruitment, Howard Flack, a partner of Volta Talent Strategies LLC and former leader of the lateral partner recruiting team at Hogan Lovells, shares a number of factors law firms should consider when measuring lateral hire success.
In the second installment of this series on lateral recruiting, Howard Flack of Volta Talent Strategies LLC challenges law firms to ask themselves whether business strategies are determining lateral hires — or vice versa.
The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.
Bear in mind that the internet seldom forgets and never forgives, and you are just one screen grab from a meme. A law firm's core messages and unique selling points must be clearly determined before embarking on a social media strategy, says Julie Bagdikian of The Pollack PR Marketing Group.