Law News
Law news found and posted by the lawyrs community.
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May 17 2012
A new survey looking at the attitudes of lawyers in India has revealed significant instability in the legal services market, with just 15 per cent of lawyers saying...
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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 01 2012
The College of Law in the UK has been sold to Montagu Private Equity for £200 million, with the proceeds to be paid into a newly-founded Legal Education Foundation,...
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Apr 13 2012
Over the past two years, numerous US law firms have entered the market in Hong Kong and recruited top talent from their UK rivals, and now they are starting to see...
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Mar 28 2012
Former Juris Corp partner Freddy R Daruwala, a qualified Chartered Accountant (CA) and a practicing lawyer, who resigned effective 15th February 2012, will join...
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Mar 14 2012
Fee income is growing in the UK, with the firms ranked 26-50 seeing the biggest income growth, at around 10 per cent.
The figures come from a quarterly survey by...
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Mar 13 2012
A federal judge in New York has dismissed the suit brought by plaintiff firm Jacoby & Meyers which challenged a state rule prohibiting nonlawyer investment in law...
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Feb 27 2012
Two US lawyers are suing Westlaw and LexisNexis, with the audacious claim that the legal database providers have breached copyright by copying publicly filed briefs,...
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Feb 15 2012
Law firms are establishing Washington DC offices at a cracking pace, drawn by the promise of booming regulatory and international work.
In the past 10 months, at...
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Feb 08 2012
Law firms are bulking up on insurance to protect themselves from litigation by former clients. Insurance and legal experts say that the recent increase in the number...
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Jan 20 2012
Four law firms have made it on to the list of 100 Best Companies to Work For, compiled by Fortune. The firms to make the cut were the same four law firms on the list...
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Dec 31 2011
Around one third of law firms and corporate counsel in the US plan to add legal staff in the first quarter of 2012, according to the quarterly Robert Half Legal Hiring...
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Nov 24 2011
In the current economic climate, law graduates face a tough job market and an increasing number of corporate clients that would really rather not pay for their...
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Nov 11 2011
Many of the largest UK law firms have seen growth in revenues in the first half of 2011-1, with at least five of the top 30 firms set to reveal double-digit increases...
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Nov 07 2011
Interesting short article here about the legal profession in China. According to this report in China Daily, the number of licensed lawyers in China has reached...
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Nov 07 2011
Newly released figures on diversity in US law firms shows a slight improvement in ethnic diversity at major firms. The percentage of minority lawyers at top US rose...
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Oct 31 2011
Kian Ganz, the publishing editor of www.LegallyIndia.com, here gives a brief anatomy of the legal services industry in India.
The scale of the industry in India is...
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Oct 12 2011
Bar & Bench has conducted a survey to determine the recruitment patter for 371 law school graduates from leading law schools in India; NLSIU, Bangalore; NALSAR,...
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Oct 04 2011
Law firm mergers are on the increase in the US, with 14 acquisitions in the third quarter of this year – up 79 per cent compared to the third quarter of 2010. The...
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Sep 20 2011
The first half of 2011 saw revenue, net income, and profits per partner rise marginally in top US firms, according to a new survey by Wells Fargo Wealth Management's...
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Aug 23 2011
Law firms are responding to Junior lawyers have long been a profit center for large law firms, charged out to clients at hundreds of dollars an hour. But with clients...
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Aug 22 2011
The Wall Street Journal has reported that over half of the top US law firms may have overstated their average profits per equity partner, and around 22 per cent of the...
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Aug 19 2011
A Nigerian man has been extradited to the US on allegations of defrauding a number of law firms with an international "collection" scam.
It is alleged that...
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Aug 12 2011
Law schools have been putting pressure on US law firms to begin recruitment in August, months ahead of the regular schedule, in order to give the edge to their...
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Aug 10 2011
Professor Ted Seto of Loyola Law School in Los Angeles has surveyed the largest 250 law firms in the US to ascertain which law schools produce the most partners. The...
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Aug 03 2011
In 2009, Dechert established itself as a committed first-adopter in the burgeoning Legal Project Management (LPM) trend by offering LPM training to every partner in...
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Aug 03 2011
Law firms in the UK will be required to publish diversity and social mobility statistics online under a plan recently approved by the Legal Services Board.
The...
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Jul 21 2011
Two leading Russian firms have announced a merger, in a move that will create the largest law firm in the region, with over 300 lawyers. Moscow-based Egorov Puginsky...
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Jul 12 2011
You may have seen – and recoiled – at the recent news item about the 32 year old Skadden associate who died of a heart attack. Those who knew her put it differently:...
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May 20 2011
Jacoby & Meyers is making a challenge to state laws that prevent non-lawyers from owning stakes in law firms. According to the firm, the restrictions have restricted...
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Apr 14 2011
The top 50 firms in the UK are predicted to report flat revenues and profits in the 2010/11 financial year, according to Jomati consultant Tony Williams and...
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Apr 13 2011
Alternative billing has become a reality for lawyers, though many law firms are resistant to the idea or slow to catch on, according to four top in-house lawyers....
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Mar 17 2011
A number of leading UK law firms have announced the intention to increase the number of universities they visit during recruitment rounds, in a bid to increase...
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Mar 16 2011
About half the lawyers from Texas firm Clark, Thomas & Winters have announced that they are leaving to start a new law firm law firm under the name Duggins Wren Mann &...
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Feb 22 2011
Law firms may soon be surveying lawyers about whether their parents went to university along with questions about race, age, sexuality, religion and disability, as...
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Feb 18 2011
Deutsche Bank wants its legal advisors to step up their use of legal process outsourcing to reduce costs.
The bank is nearing the conclusion of the first formal...
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Feb 15 2011
UK law firms and barristers’ chambers may be forced to publish data about the diversity of their workforce, if new proposals put forward by the Legal Services Board...
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Feb 07 2011
The State of Connecticut has introduced a Bill, prohibiting the outsourcing of the drafting, review or analysis of legal documents. The Bill proposes that the practice...
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Jan 25 2011
Chief Justice M. Yusuf Eqbal and Justice T.S. Sivagnanam heard the foreign law firms’ case today at the Madras High Court. The matter has now been listed for March 8,...
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Jan 25 2011
AZB & Partners and Clifford Chance have decided to end their two-year-old best-friend relationship. Sources at AZB confirmed this development and said “we didn’t...
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Jan 24 2011
When firms miscalculate their staffing needs or wish to cut costs, it is often the newly qualified lawyers – those at the end of their trainee program – that suffer...
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Jan 18 2011
I founded Luthra & Luthra Law Offices in 1990, with the idea of providing legal services to MNCs and foreign investors looking to do business in India. Without any...
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Jan 14 2011
Leading UK firms are reassessing their retirement policies ahead of legislative changes that will abolish the default retirement age of 65 for UK employees.
Firm...
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Jan 11 2011
Recruiting firm Major, Lindsey & Africa has conducted a compensation satisfaction survey of law firm partners.
Of the 1,873 partners that responded to the survey,...
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Jan 02 2011
Two recent mergers have highlighted changing currents in the legal services industry. Thomson Reuters' purchase of legal-process outsourcing firm Pangea3 and Axiom...
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Dec 13 2010
This article traces the development of the lateral hiring market. In the 1970’s a lawyer leaving a position at a law firm would not be hired by a firm in the same...
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Dec 02 2010
The UK Solicitors' Regulation Authority has released updated guidelines for law firms that wish to take up alternative business structures when the regulatory changes...
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Nov 24 2010
Skadden, Arps, Slate, Meagher & Flom has announced the rate of bonuses to be received by associates, matching the figures announced a day earlier by Cravath, Swaine &...
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Nov 22 2010
The Evening Standard has launched a new initiative called the London Living Wage Scheme, which encourages firms and companies to guarantee staff a minimum rate of pay...
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Nov 15 2010
Indiana law professor Bill Henderson has predicted changes to the way that law firms go about their hiring. He says that the traditional approach of hiring graduates...
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Nov 10 2010
Top Canadian law firms McMillan and Lang Michener have agreed to merge under the name McMillan.
The combined firm will launch on 1 January 2011, and have close to...
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Nov 02 2010
UK Law firms have started hiring non-executive directors to bring in outside expertise ahead of legislative changes that will impose tougher standards of corporate...
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Oct 29 2010
The total number of training contracts offered at the top 30 UK law firms has shrunk by 11 per cent in the last three years, according to survey results published by...
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Oct 27 2010
Law firms looking to bolster their profits might want to consider electing a managing partner with powerful looks.
An new study published in Social Psychological...
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Oct 25 2010
Legal consultants Altman Weil released their Chief Legal Officer Survey last week, reporting that 63 per cent of respondents increased their internal budgets from 2009...
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Oct 22 2010
Under difficult economic conditions an old conflict between traditional law firms and corporations has intensified, as demonstrated by a survey conducted by BTI...
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Oct 14 2010
A number of UK law firms are considering setting up subsidiary service companies or introducing new ownership structures in order to avoid the maximum 50 per cent...
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Oct 07 2010
2010 was another tough year for summer associates, with many firms reducing the size of their summer intake, cutting the length of their summer programs, or doing away...
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Oct 04 2010
American Lawyer has published its “Global 100”, ranking the largest law firms by revenue. And this year, Baker & McKenzie have taken out the number 1 spot.
Baker &...
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Sep 23 2010
According to latest figures, Britain’s 100 biggest law firms saw revenue increase by an average of 5 per cent for the last quarter, despite continued uncertainty in...
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Sep 20 2010
At a roundtable discussion at London's College of Law yesterday, general counsel from major corporations including Royal Dutch Shell, Nokia Corporation, and British...
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Sep 16 2010
Taiwanese law firms will soon be allowed to establish offices in mainland China, providing legal services to Taiwanese enterprises doing business across the Strait....
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Sep 16 2010
The U.S. News rankings of law firms have been released and are causing the storm in the blogosphere. But since the magazine is a for-profit enterprise it is worth...
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Sep 16 2010
Brian Bartley, the Chairman of the Queensland Law Society's ethics committee, has accused Australian law firms of overcharging clients by using secretaries as...
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Sep 15 2010
U.S. News & World Report law firm rankings have been released. The magazine opted not to give firms a simple ranking – as it does with law schools, in favour of an...
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Sep 14 2010
Lawyers pursuing high pay should take note of a recent study showing that after household income reaches $75,000, more money does not mean greater happiness.
Of...
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Sep 09 2010
Among all the talk of increased competition and clients demanding more value from legal practitioners, a new report from CT TyMetrix and the Corporate Executive Board...
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Sep 09 2010
Faced with a fiercely competitive market for legal services, a number of large firms dealing with start-up clients are finding ways to make their services more...
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Sep 01 2010
Two leading Australian law firms - Mallesons Stephen Jaques and Clayton Utz - have banned a website that publishes law firm gossip.
‘Firm Spy’ seeks to publish...
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Aug 30 2010
The billable hour is seen as rewarding inefficiency, putting intense and unhealthy pressure on associates and undermining the culture of law firms and the profession....
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Aug 27 2010
Krishnamurthy and Co has opened up a new Delhi office and moved into a larger Mumbai office, as well as setting up an expansion path in Chennai and commencing...
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Aug 25 2010
Two law firms are in dispute over fees charged by a firm that represents workers who suffered respiratory diseases and other injuries in the rescue and debris-removal...
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Aug 25 2010
A group of panelists at the ABA’s 2010 Annual Meeting in San Francisco have predicted that websites that allow clients and peers to rate legal services will become...
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Aug 22 2010
Law firms with serious international intentions must truly understand the complexities of the burgeoning Indian legal marketplace, writes Juhi Garg
The ascent of...
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Aug 20 2010
Sarah Martinez is suing San Francisco-based Howard, Rice, Nemerovski, Canady, Falk & Rabkin after the firm offered her a job only to defer her start date and then...
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Aug 13 2010
A new survey suggests that global companies prefer to be advised by British firms rather than seeking advice from US counsel.
The survey, conducted by UK research...
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Aug 05 2010
Eight of Australia’s top law firms have formed an alliance that seeks to promote sustainable practices across the legal sector.
Clayton Utz, DLA Phillips Fox,...
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Jul 09 2010
Pinsent Masons has formalised its association with Singapore ally Mpillay after working together successfully for three years. The combined firm will be called Pinsent...
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Jun 25 2010
The First Annual Big Law Webbies gave awards for the best and worst in Big Law websites. No prizes were given, but winners have the satisfaction of knowing that their...
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Jun 25 2010
Cloud computing technology is being heralded as the next revolution in the way that we all do business, but a new study from CompTIA has found that only 14 per cent of...
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Jun 11 2010
The recent trend of firms taking on recent law graduates to work for free may meet with legal challenge, as practitioners advise that such arrangements may be illegal....
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May 04 2010
The way in which we think about in house is changing as a result of the global financial crisis, according to Peter Turner, the chief executive officer of the...
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Apr 20 2010
US law firms generally have conservative borrowing habits, looking to major banks and partners’ contributions to raise capital. But Dewey & LeBoeuf has bucked the...
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Mar 03 2010
DLA Piper has formed an alliance with Brazilian firm Campos Mello Pontes Vinci & Schiller, and is thereby set to establish a presence in Brazil.
The Brazilian...
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Mar 03 2010
2009 was without doubt a bad year for major law firms. And since a robust recovery is unlikely in the current economic environment, these firms need to come to terms...
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Jan 28 2010
While law school may seem like a safe choice, there are not always jobs waiting at the end of the tunnel. In the current economy the law industry is facing lay-offs,...
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Jan 22 2010
Six law firms are on Fortune magazine’s list of the best 100 companies to work for in 2010, up from five last year.
New on this year’s list is Baker Donelson, cited...
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Jan 12 2010
A majority of Indian lawyers feel that law firms in the country are not technologically savvy and should gear up on that front to stay relevant. A majority of them...
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Jan 08 2010
Only 19 percent of partners at American law firms with more than 100 lawyers are women, despite the fact that women have comprised more than 50 percent of law school...
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Jan 07 2010
Law firm mergers in the U.S. fell 24 percent in 2009 from the previous year but may rise in 2010, law firm consultants Altman Weil say in a report.
The largest...
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Dec 14 2009
US law firm revenues are expected to fall 5 to 10 percent this year, according to Citi Private Bank. .
Citi Private Bank’s Dan diPietro says, some law firms are now...
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Nov 25 2009
According to a surveyby the Wachovia Legal Specialty Group, New York law firms experienced a 9 percent drop in revenue in the third quarter 2009 and nearly a 5 percent...
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Nov 17 2009
Law firms are growing increasingly confident about the year ahead, but any optimism is still guarded.
According to a survey carried out by accountancy firm Smith &...
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Nov 10 2009
The US's largest law firms this year suffered the deepest cuts in lawyer numbers for more than three decades, reports The National Law Journal.
During the 12 months...
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Nov 04 2009
A midlevel associate at a BigLaw firm has been asked to participate in a planned "upward review" of partners. But, concerned about a possible downside to evaluating...
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Oct 14 2009
Baker & McKenzie, O'Melveny & Myers, Paul Hastings Janofksy & Walker and other U.S. firms have laid off lawyers in China in recent months.
PRC firms like King &...
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Oct 09 2009
Lovells, the City’s sixth-biggest law firm, is in merger talks with leading US firm Hogan & Hartson in what would be the biggest tie-up in the legal sector in nearly...
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Oct 05 2009
Altman Weil's MergerLine reports that 13 law firm mergers were announced in the three months ending Sept. 30, up from only seven in Q2, while Hildebrandt...
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Sep 30 2009
UK law firms are regaining their strength after the economic downturn. The research by PricewaterhouseCoopers firm profits have shot up since the start of the year....
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