Law Firms

Dozens of public interest legal organizations have been hit financially by the collapse of Bernie Madoff’s alleged $50 billion Ponzi scheme and are scrambling to make up the shortfalls.

Dozens of public interest legal organizations have been hit financially by the collapse of Bernie Madoff’s alleged $50 billion Ponzi scheme and are scrambling to make up the shortfalls. Organizations from the Center for Constitutional Rights to the Harvard Law School International Human Rights Clinic to the American Civil Liberties Union found out before Christmas […]

Dozens of public interest legal organizations have been hit financially by the collapse of Bernie Madoff’s alleged $50 billion Ponzi scheme and are scrambling to make up the shortfalls. Read More »

To a market that just keeps rolling, and the American Lawyer magazine looks at four factors that may bring fundamental change. Someday.

Changeagenda

ven before the economic tsunami swept across the world’s markets, inundating clients and practice areas alike, a variety of storm clouds hung over the law firm landscape. Collectively they suggested that serious changes might be in the offing for a market notable for two seemingly immutable traits: relentless success and an ability to dodge, defeat,

To a market that just keeps rolling, and the American Lawyer magazine looks at four factors that may bring fundamental change. Someday. Read More »

An end-of-year spate of Hollywood law suits have churned up the film capital’s life, as AmLaw Daily reports.

Hollywood

The Am Law Daily loves to mix pop culture and law, and Hollywood spent the holiday season giving us a pile of litigation to chew on. • First, a federal judge in California made a surprise ruling on the copyright dispute (one we’ve been following obsessively for months) between Warner Bros. and 20th Century Fox

An end-of-year spate of Hollywood law suits have churned up the film capital’s life, as AmLaw Daily reports. Read More »

The ABA Journal took a look at what news stories lawyers “clicked on” in 2008 with a top 10 out of over 5000 in their daily news feed. It starts with the US News Law School rankings.

Abajournal

The ABA Journal took a look at what news stories lawyers “clicked on” in 2008 with a top 10 out of over 5000 in their daily news feed. It starts with the US News Law School rankings. Those that attracted the largest number of readers dealt with the recession and its effect on law firms,

The ABA Journal took a look at what news stories lawyers “clicked on” in 2008 with a top 10 out of over 5000 in their daily news feed. It starts with the US News Law School rankings. Read More »

Thomson Reuters gave The Am Law 200 a nice New Year’s present Tuesday: its report that global deal volume dropped by a full one-third in 2008 and looks to keep falling next year.

Aa

Thomson Reuters gave The Am Law 200 a nice New Year’s present Tuesday: its report that global deal volume dropped by a full one-third in 2008 and looks to keep falling next year. Perhaps Am Law firms heavily invested in M&A work might want to pre-emptively cancel their 2009 holiday parties. The bad news reads

Thomson Reuters gave The Am Law 200 a nice New Year’s present Tuesday: its report that global deal volume dropped by a full one-third in 2008 and looks to keep falling next year. Read More »

Thacher Proffitt & Wood, the 160 year-old New York law firm, has become the fourth US firm to dissolve this year after more than half of its lawyers defected to a rival.

Thacherproffitt

Thacher Proffitt & Wood, the 160 year-old New York law firm, has become the fourth US firm to dissolve this year after more than half of its lawyers defected to a rival. Thacher Proffitt, which was heavily focussed on structured finance and real estate markets, said it would begin winding down at the end of

Thacher Proffitt & Wood, the 160 year-old New York law firm, has become the fourth US firm to dissolve this year after more than half of its lawyers defected to a rival. Read More »

Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1.

Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1. The hires increase Sonnenschein’s total headcount to about 800 lawyers, nearly doubling the size of its New York office — it’s the biggest group of laterals

Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1. Read More »

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm.

Marcdreier

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm. The Wall Street Journal (sub. req.) spoke to the colleagues and chronicled the excesses

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm. Read More »

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations.

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations. Altanta-based King & Spalding has been reported to be in talks for weeks to acquire some or all of beleaguered Thacher,

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations. Read More »

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