Law Firms

It appears that the worst might possibly be over, both for the struggling global economy and the ever-increasing number of major law firms that have been laying off support staff, associates–and even partners–in record numbers. Although law firm layoffs continue–Thursday’s tally included some 234 people let go at four well-known firms–they have slowed. Following news

A legal recruiter cannot collect a fee of nearly $730,000 from Philadelphia-based Blank Rome in connection with a merger the law firm first rejected and then completed with the assistance of a competing placement firm, a New York appeals court has ruled. In an unsigned, unanimous ruling, the Appellate Division, 1st Department, concluded that a

Ever hear of Jim Sokolove? Let’s rephrase that: How could you not? In the saturated rotation of lawyers advertising on TV, his personal-injury spots are a fixture in America’s daytime living rooms, where one of his ads is seen about once every minute. But what’s surprising about Mr. Sokolove isn’t that his commercials air frequently

Wolf Block partners met at 1p.m. today to discuss the fate of the firm and have issued a statement that they voted to commence an “orderly unwinding of the firm’s business.” “Wolf Block will remain in the practice of law for several months to protect the interests of its clients, employees and creditors,” the firm

DLA Piper informed all of its U.S. partners on Friday that it will reduce pay for most of them by 11.5 percent in 2009, while strong performers will get more money. The firm projects revenue will decline 7 percent in 2009 and profits will drop 6 percent, said U.S. Managing Partner J. Terence O’Malley in

The job market for lawyers, hit hard by the recession, seems to reach new lows every day. But that has not done much to discourage the thousands who are lining up to become the next generation of attorneys. In seeming defiance of logic, many law schools are surging in popularity. At Washington and Lee University