Top News

  • October 27, 2008

    Treasury Funds 'Going Out The Door' To First 9 Banks

    Nine major banks participating in the U.S. government's equity purchase program are set to get their capital infusion from the Treasury Department this week, a department official said Monday.

  • October 23, 2008

    Associate Layoffs Spike In October

    October has been the most treacherous month so far this year for associates at top-tier law firms, marked by a whopping 226 pink slips amid Heller Ehrman LLP's implosion and wide-scale layoffs at institutions like Clifford Chance LLP and Sonnenschein Nath & Rosenthal LLP, Law360's analysis shows.

  • January 20, 2009

    Large Firms Unlikely To Drop Pro Bono Work: Experts

    A number of high-profile law firm implosions and several rounds of lawyer layoffs have made many wonder whether pro bono work may have to take a back seat during a down economy.

  • November 10, 2008

    Law Firms Tout Their Eco-Friendly Policies

    Lawyers generally leave a heavy environmental footprint, using massive amounts of paper and traveling constantly around the country. But whether for the public relations benefit, to appease their clients, to save money or because they believe in the cause, many law firms have started taking measures to become more green.

  • October 24, 2008

    Dem Victory Could Mean A New Focus On Civil Suits

    As Democrats appear on the verge of expanding their control over Congress and possibly winning the White House, advocates on both sides of the civil justice reform issue expect to see changes to the system.

  • October 21, 2008

    Dewey Move Raises Specter Of More Office Closings

    With several major law firms announcing attorney layoffs in October, associates and partners alike are probably questioning their own job security. And now, with Dewey & LeBoeuf LLP's announcement on Monday that it is closing its Charlotte, N.C., operations, should lawyers worry that their firms will follow suit and shut down entire offices?

  • October 30, 2008

    Partners Rethink Retirement Amid Economic Turmoil

    Some attorneys who had planned to retire in the near future will try to keep their jobs because of the economic downturn's impact on their retirement savings, a scenario that poses potentially daunting questions for firms and could lead to fewer opportunities for junior lawyers and more disputes over mandatory retirement rules.

  • October 17, 2008

    Pfizer To Settle Celebrex, Bextra Suits For $894M

    Drugmaker Pfizer Inc. has agreed to pay $894 million to settle the bulk of product liability, consumer fraud and state attorney general lawsuits filed against it over anti-inflammatory drugs Celebrex and Bextra.

  • October 22, 2008

    Wall Street's Volatility Raises Incentive Plan Concerns

    Wall Street's ongoing malaise is raising new concerns over whether the market's extreme volatility might radically complicate even the best-laid executive compensation plans, experts say.

  • November 7, 2008

    For Firms, This Year May Not End With Lavish Parties

    With the economic crisis in full swing and people being laid off left and right, one big question remains to be answered: Will law firms still have their over-the-top holiday parties this season?

  • October 15, 2008

    Lift Of Chip Ban Changes ITC Landscape: Experts

    An appellate court's decision to vacate the International Trade Commission's ban on importing electronics containing a Qualcomm Inc. chip may have broad implications for how patentees approach ITC proceedings, experts say.

  • December 4, 2008

    Schmoozing Clients Can Be Risky Business

    Experts say everyone needs to be a salesman in this economy. But taking clients out for drinks, coffee or dinner tends to present a multiplicity of challenges, such as where to go, who should pay and whether to reach for that third martini.

  • October 31, 2008

    IP Work Stays Steady Amid Rocky Times

    As some law firm practice groups sputter in this economic downturn, at least one firm segment — intellectual property — remains strong as clients acknowledge that it's shortsighted to scale back on applying for and protecting patents and trademarks.

  • November 6, 2008

    Law Firms Slow To Adapt To Web World

    While law firms have lagged behind most businesses in developing innovative Web sites, consultants say that many now realize they need to include specialized content and convey the culture and work of the firm on the Internet. However, the largest, most established firms generally have been the slowest to embrace the Web.

  • October 13, 2008

    Lawyers' Role In Bailout Becoming Clearer

    As the Treasury Department releases more details on the agency's efforts to lay the groundwork for its $700 billion bailout plan, the role lawyers and law firms will play in the government's rescue program is slowly being clarified.

  • October 10, 2008

    Private Sector Loses Lure For Government Lawyers

    Big-shot government lawyers used to be welcomed with open arms by law firms competing to lure their expertise and name recognition as they left public office. But those days could be over, experts say.

  • October 16, 2008

    5 Ways To Avoid Clashes Of Politics At Work

    With just a few weeks left before voters decide on the next occupant of the White House, it can be difficult for companies to know how to handle those increasingly heated political discussions around the watercooler. But employment experts say that by wielding a few key strategies, employers might be able to dodge political land mines at work as the country counts down to election day.

  • October 20, 2008

    Alternatives Abound For Law-Leery Attorneys

    Attorneys who are eying a career change — whether they've been laid off or simply don't want to practice law anymore — have a much broader range of options available today than they have had in the past, experts say.

  • October 14, 2008

    Note To Managing Partners: The Time To Act Is Now

    The fate of law firms that have taken a hit in the current financial turmoil rests largely in the hands of their managing partners, who need to act quickly, wisely and forcefully to help their firms weather the storm, experts say.

  • October 7, 2008

    High Court May Not Hear Any IP Cases This Term

    The U.S. Supreme Court's decision this week to reject a number of appeals in patent disputes was not entirely unexpected, but it could mean that for the first time in several years the high court's spring term will be lacking intellectual property cases.