Law Firms

10.6 percent was the rate of profit growth at Am Law 100 firms in 1999, the last full year of the stock market boom. But the 1.5 percent figure is wrong, too. That was the rate of profit growth at Am Law 100 firms in 1992, the last time the economy languished in the second […]

Schwarzenegger, 56, made his announcementsurprise announcement–a surprise given that his spin doctors were spinning that he wasn’t going to declare–during a taping of NBC’s Tonight Show with Jay Leno, to air Wednesday night. California voters are scheduled to go to the polls October 7 to decide whether Governor Gray Davis should finish out his second

E-mail has taken over as the primary source of business communication among UK heads of legal, according to a snapshot survey looking at the personal use of technology among general counsel in the UK’s top companies. An overwhelming majority (80%) of the 100 general counsel questioned said that e-mail is the method of communication they

The state-owned Herald paper quoted the president of the umbrella body, Joseph James, as saying: “The said firms and or individuals are therefore not licensed to practise in 2004 and must close their firms immediately until they regularise their position to the satisfaction of the council.” All lawyers or law firms in private practice must

In the American justice system, trial by a jury of one’s peers is a constitutional right having iconic significance. But two recent white-collar criminal trials in New York have cast doubt on the integrity of jury verdicts. Martha Stewart was convicted of lying to the Securities and Exchange Commission about a questionable stock trade and

“Tesco law” came a step closer when Britain’s biggest supermarket chain launched its own online legal service. As well as a cheap service for will writing and storage, already available from other sources, Tesco Legal Store offers Do-It-Yourself divorce kits for £7.49 that can end a marriage without the need for a solicitor. Other services

When Abbott Laboratories planned the recent spinoff of its hospital products division, the company had the daunting task of setting up legal entities in more than 40 countries. To help accomplish the task, Abbott turned to Baker & McKenzie, a law firm based in Chicago that is the world’s largest, with more than 3,200 lawyers

San Diego-based law firm Gray Cary Ware & Freidenrich said yesterday it is negotiating a merger that could create one of the world’s largest law firms by the end of the year. Baltimore-based Piper Rudnick, the nation’s 20th largest law firm, is seeking simultaneous mergers with Gray Cary and London-based DLA, deals that would combine

Morrison & Foerster (MoFo) has raided Shaw Pittman’s London office by taking its three remaining partners including outsourcing star Alistair Maughan. Shaw Pittman’s London managing partner Maughan is joining MoFo together with outsourcing and technology partners David Skinner and Andrew Smith. MoFo has added an excellent outsourcing team to its burgeoning London office following up

It may be called Camp Cupcake but in the two-and-half months Martha Stewart has been in the federal women’s prison camp in Alderson, West Virginia, she’s found a few things to complain about. Stewart, the founder of Martha Stewart Living Omnimedia, has been incarcerated in the prison since early October after being sentenced to 10