Law News
Law news found and posted by the lawyrs community.
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May 16 2012
Here is an interesting article by Mark Harris, the chief executive of Axiom Law, a 900-person new-model legal services firm. Harris attempts to diagnose some of the...
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May 07 2012
The most expensive US lawyers are becoming even more costly, while the cheapest are barely keeping up with inflation, according to this story published in the Wall...
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May 04 2012
The Am Law Daily has released figures that give a snapshot of the legal services industry over the past year. The top 100 firms saw single digit growth in gross...
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May 01 2012
Speculation about the timing and amount of spring bonuses continues, after Sullivan & Cromwell’s announced relatively small bonus awards of between $1000 and $5000, or...
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May 01 2012
Speculation about the timing and amount of spring bonuses continues, after Sullivan & Cromwell’s announced relatively small bonus awards of between $1000 and $5000, or...
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Apr 24 2012
Here is a very good article that addresses the question of why large law firms fail. The article points out that a dozen firms that have folded over the past ten...
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Sep 13 2011
If you think that Legal Project Management has nothing to offer corporate legal practices, read this article. The corporate practice group chair for a global law firm...
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Aug 25 2011
There may be more mergers between large law firms in the pipeline, according to Mark Wood – a restructuring partner from the Nottingham office of law firm Eversheds....
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Aug 24 2011
This is an interesting opinion piece that interrogates the response given by large law firms to client demands for greater efficiency.
It points out that for all...
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Aug 18 2011
The recruitment drive for associates for the class of 2013 has begun in earnest, with recruiting partners coming on campus to assess the current crop for coveted...
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Mar 30 2011
Interesting article here about the follow on effects of all those deferred start dates for associates during the height of the recession in 2008 and 2009.
The...
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Dec 14 2010
Law firms typically try to handle billing disputes in private, avoiding the bad press that inevitably comes with them but, in a rare public display of disaffection, an...
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Dec 06 2010
The Big Law business model has fundamentally changed, according to the managing partners of some of Washington’s DC's top law firms.
In a breakfast discussion...
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Dec 02 2010
A series of high profile transatlantic mergers between law firms that are ‘in less-than-brilliant shape’ has prompted commentators to question the future of the BigLaw...
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Nov 30 2010
This article points out that the big law model requires a high level of attrition, and maximum profit is achieved if a good number of associates leave after three or...
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Nov 30 2010
The US Government has taken the step of freezing salaries on federal employees for two years.
Lawyers who left big law looking for some stability during the...
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Oct 29 2010
"If you want to do an LLM, then do so, but the degree gives you no advantage in securing an offer from us," reads an FAQ on the Freshfields Bruckhaus Deringer Global...
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Sep 01 2010
The view that family law is not lucrative enough to attract the interest of large law firms may be changing, in light of a recent series of divorce cases that earned...
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Aug 03 2010
Above the Law lists five law firms that have made 100 percent offer rates:
Ropes & Gray, extending offers to all 82 of its summer associates in all of its...
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Jan 06 2010
Amongst those at the top of the BigLaw ladder, partners at the ten highest-grossing law firms in Washington, D.C., have been earning seven-figure annual incomes and...
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Dec 02 2009
Leaders of American’s top 200 law firms are more optimistic than they were a year ago. But associates may not be sharing that enthusiasm.
An American Lawyer survey...
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Dec 02 2009
BigLaw firms are shrinking and so are associate salaries. But billing rates are expected to go up next year.
In the latest survey from the law firm consultancy...
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Nov 26 2009
BigLaw salaries for first-years see a downward trend. Morrison & Foerster and Haynes and Boone scaled its salaries down to $145,000. Reed Smith now has starting pay...
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Nov 12 2009
Although the economic downturn has lightened the wallets of even the highest-paid lawyers, many are still bringing home seven-figure paychecks.
Among the top...
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