Law Firms

The legal slowdown is hitting the most profitable firms the hardest. In the first half of 2008, demand dropped off even more dramatically and expenses increased at a more rapid pace at the top firms, resulting in even greater margin compression and a steeper drop in productivity than experienced by their less profitable rivals.

Since 2001, the legal industry has been characterized by double-digit profit growth, strong demand, solid productivity and controlled expense growth. That all started to change in the second half of 2007, and now, the first half of 2008 looks very different from the previous six years. In a trend that started last year, expense growth […]

The legal slowdown is hitting the most profitable firms the hardest. In the first half of 2008, demand dropped off even more dramatically and expenses increased at a more rapid pace at the top firms, resulting in even greater margin compression and a steeper drop in productivity than experienced by their less profitable rivals. Read More »

Sen. Joe Biden, now a Democratic candidate for vice president, paid off a sizable amount of debt last month from the presidential campaign he ended in January.

Sen. Joe Biden, now a Democratic candidate for vice president, paid off a sizable amount of debt last month from the presidential campaign he ended in January. Among the bills paid were some from son Hunter Biden’s Washington law firm, Oldaker, Biden & Belair, which was owed $52,000 at the last filing, according to a

Sen. Joe Biden, now a Democratic candidate for vice president, paid off a sizable amount of debt last month from the presidential campaign he ended in January. Read More »

In a struggling economy, reduced levels of legal work and rising costs tempt law firm partners to cut associates. But the money they save by doing so now may result in associate salary increases later, if history repeats itself.

In a struggling economy, reduced levels of legal work and rising costs tempt law firm partners to cut associates. But the money they save by doing so now may result in associate salary increases later, if history repeats itself. In 2002 and 2003, the number of associates employed by the country’s 250 largest law firms

In a struggling economy, reduced levels of legal work and rising costs tempt law firm partners to cut associates. But the money they save by doing so now may result in associate salary increases later, if history repeats itself. Read More »

A Garden City, N.Y., tax certiorari firm must pay more than $716,500 in damages to a former associate and a paralegal who claim they lost their jobs after they became pregnant, a federal jury has decided.

A Garden City, N.Y., tax certiorari firm must pay more than $716,500 in damages to a former associate and a paralegal who claim they lost their jobs after they became pregnant, a federal jury has decided. Sitting in Central Islip, the panel of four women and three men Wednesday awarded only $16,499 in damages to

A Garden City, N.Y., tax certiorari firm must pay more than $716,500 in damages to a former associate and a paralegal who claim they lost their jobs after they became pregnant, a federal jury has decided. Read More »

A rising Miami legal star and community activist has quietly agreed to a plea deal in which he has pleaded guilty to conspiracy to commit mail fraud and money laundering in connection with his role as in-house counsel to an indicted billionaire businessman.

A rising Miami legal star and community activist has quietly agreed to a plea deal in which he has pleaded guilty to conspiracy to commit mail fraud and money laundering in connection with his role as in-house counsel to an indicted billionaire businessman. Few in Miami have known that Richard Simring, a former partner at

A rising Miami legal star and community activist has quietly agreed to a plea deal in which he has pleaded guilty to conspiracy to commit mail fraud and money laundering in connection with his role as in-house counsel to an indicted billionaire businessman. Read More »

Taylor Wessing’s embattled French office has lost the majority of its partnership, with 12 non-equity partners resigning to join US firm Nixon Peabody.

Taylor Wessing’s embattled French office has lost the majority of its partnership, with 12 non-equity partners resigning to join US firm Nixon Peabody. Eight partners, six of whom six are in the equity, remain at Taylor Wessing France (TWF) after the resignations. TWF and Nixon Peabody are involved in two New York legal battles after

Taylor Wessing’s embattled French office has lost the majority of its partnership, with 12 non-equity partners resigning to join US firm Nixon Peabody. Read More »

Motorcycle Accidents

Anytime a motorcyclist is involved in a collision they are at a high risk of being severely injured or killed. When a biker is harmed they have legal rights to hold the at-fault party responsible and recover damages. The compensation recovery will include medical expenses, loss of wages and other damages. Medical Costs and Payment

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A former Watertown lawyer was convicted yesterday of possessing six Impressionist paintings that he knew were stolen in what is believed to be the largest private art theft in Massachusetts history.

A former Watertown lawyer was convicted yesterday of possessing six Impressionist paintings that he knew were stolen in what is believed to be the largest private art theft in Massachusetts history. After deliberating about three hours, a US District Court jury in Boston found Robert M. Mardirosian guilty of taking the six paintings, which had

A former Watertown lawyer was convicted yesterday of possessing six Impressionist paintings that he knew were stolen in what is believed to be the largest private art theft in Massachusetts history. Read More »

Irvine Man Sentenced For DUI Killing

http://lawfuel.com/show-release.asp?ID=19029 Posted on Monday, August 18, 2008 Los Angeles drunk driving attorneys reported that an Irvine man was sentenced to 10 years and 8 months in prison on Friday for gross vehicular manslaughter and DUI that resulted in the death of CSU student Ashley Knight last November 2007. Reportedly, Brian Burchfield, aged 22 had been

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Miramar Motorcycle Accident Claims Life of Young Marine

http://lawfuel.com/show-release.asp?ID=19043 August 18, 2008 (by Otto Smyth) It has been reported by a former U.S. Marine California motorcycle accident lawyer that a weekend motorcycle accident took the life of a Marine the vicinity of Magee Road located on the Pala Indian Reservation. According to the California Highway Patrol the Marine was returning from a trip

Miramar Motorcycle Accident Claims Life of Young Marine Read More »

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