Top News

  • 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.

  • October 6, 2008

    Wall Street Hungers For Vital Bailout Details

    Amid growing fears on Wall Street that the government may be unable to secure a quick fix for the financial system, the U.S. Treasury Department on Monday still had big questions to answer about how the bailout will work in practice, including one of the most pressing: how asset values will be determined.

  • October 3, 2008

    Questions Linger On Details Of Bailout Law

    President Bush signed the Emergency Economic Stabilization Act of 2008 into law soon after the bill was passed by the House of Representatives on Friday afternoon, after changes, including billions of dollars in renewable energy incentives, were added to sweeten the deal for Congress.

  • October 9, 2008

    Crisis Prompts Employees To Review The Fine Print

    Facing ongoing turmoil on Wall Street, the financial services industry is increasingly anxious about what the future will bring, prompting both workers and employers to take stock of their positions and scrutinize the fine print on their employment agreements.

  • October 1, 2008

    Bailout Still In Doubt As Spotlight Shifts To House

    The U.S. Senate passed a modified $700 billion bailout package for the financial industry on Wednesday night, setting the stage for another vote in the House of Representatives as early as Friday. But the outlook for approval by the House remains uncertain.

  • September 29, 2008

    Back To The Drawing Board For Bailout Bill

    U.S. Treasury Secretary Henry Paulson was set to mull over options with President Bush, the Chairman of the Federal Reserve and key members of Congress after the $700 billion bailout plan failed to pass the House of Representatives on Monday afternoon.

  • September 26, 2008

    Lawyers Call Crisis 'Unprecedented'

    We asked more than 300 law firms to tell us what their most seasoned professionals thought of the financial meltdown. The verdict: an unprecedented crisis, unlike anything anyone has seen in many decades of practicing law.

  • September 25, 2008

    Feds Seize WaMu As Bailout Talks Crumble

    The financial crisis raged on unabated in the early hours of Friday, with the government shutting down the country’s largest savings and loan bank amid an apparent breakdown in Congressional talks about a bailout of the banking industry.

  • September 24, 2008

    Associates Eye Lower Bonuses Amid Turmoil

    As America's economic malaise catches up with many of the nation's leading law firms, associate bonuses — typically paid in December or January — will suffer, legal industry insiders say.

  • September 30, 2008

    Cold Feet Won’t Stop Firms From Tying Knot

    Between Heller Ehrman LLP’s demise following a series of failed merger talks and the uncertainty of the U.S. economy, some law firms may be wondering whether taking the plunge with another firm is such a good idea right now. But initial misgivings are not likely to slow the pace of law firm tie-ups, legal experts say.

  • September 23, 2008

    Govt. Bailout Golden Egg For Some Firms

    Most of the work stemming from the current Wall Street crisis and the proposed $700 billion bailout plan will likely go to a small number of firms that enjoy long-standing client relationships with the major players involved.

  • September 22, 2008

    Democrats Push For Changes To $700B Bailout Plan

    Congressional Democrats and their allies are pushing for the U.S. government to limit executive compensation and help out homeowners facing foreclosure as part of its $700 billion plan to bail out Wall Street.

  • September 18, 2008

    As Heller Reels, Legal Job Market Looks Iffy

    Rumblings of major changes at international law firm Heller Ehrman LLP grew to a roar Thursday as a source at the firm and outside experts said no scenario, including outright dissolution, was off the table. And while seasoned partners will have no problem finding work should the firm meet its maker, the situation for associates looks decidedly bleaker, job consultants say.

  • September 19, 2008

    5 Things Firms Must Do To Stay Afloat In Tough Times

    In times of financial turmoil, long-standing grudges, lagging practice groups and other weaknesses can become more pronounced. If it gets bad enough, firms can start to unravel. So what can be done to maintain the business when the going gets tough? Lawyers and industry insiders on Friday pointed to five interwoven concepts.