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01-27-2014
01-24-2014

Top Bankruptcy Law Firm Files for Bankruptcy Protection

Frego & Associates, one of Michigan's biggest bankruptcy firms has filed for bankruptcy protection under Chapter 11, and the move seems to be a sensible one. However, the irony of the situation has not been lost on the media, and publishers ranging from big ones like the Wall Street Journal to speci....[more]
01-22-2014

More Law Firms Making It to the Fortune’s 100 Best Companies List

Statistically speaking, Fortune's "100 Best Companies to Work For" list 2014 shows a 20% increase in the presence of law firms. However numerically, there were five law firms included in the 2013 list, and this year there are six law firms. While it may not sound all that great, one thing is clear -....[more]
01-20-2014

ABA Urges Lawmakers to Rethink Accrual Accounting for Law Firms

The American Bar Association has sent letters to federal lawmakers urging them to rethink the accrual accounting for law firms as included in the draft Tax Reform Act of 2013. The letters point out that accrual accounting would be more complex and expensive for law firms, and the current method of r....[more]
01-17-2014

Eversheds Findings Show Young Lawyers Seek Reformation of the Legal Sector

New research from the global law firm Eversheds LLP found a new breed of young lawyers seeking to reform the legal sector. This new breed of lawyers have a global ambition and desire to treat the legal service operations more in the manner of commercial businesses rather than like a profession. Thes....[more]
01-15-2014

Real Estate Woes of Law Firms to Continue in 2015

The recent annual report from Jones Lang LaSalle, named Law Firm Perspective, highlights on the real estate woes of law firms which have gone up and the balance is soon tipping in favor of the landlords of law firm offices. The report further points out that in most states in the US, concessions and....[more]
01-13-2014

Will Fowler White Boggs Merge with Buchanan Ingersoll & Rooney?

Tampa-based law firm Fowler White Boggs is in merger talks with Pittsburgh based Buchanan Ingersoll & Rooney. If the merger happens it will create one of the largest law firms in Florida with extensive presence in most of the Northeast and in Florida.....[more]
01-10-2014

In 2014, Law Firms Need to Change or Be Sidelined Says a New Survey

The word is out for law firms to either change or be sidelined. A new research report by Georgetown Law and Peer Monitor titled, "2014 Report on the State of the Legal Market" warns that unless law firms restructure their traditional business models and accept change, they will not be able to surviv....[more]
01-08-2014

Tennessee Law Firms Lewis King and Thomason Hendrix Merge

Two leading Tennessee-based law firms - Lewis, King, Krieg & Waldrop, P.C. and Thomason, Hendrix, Harvey, Johnson & Mitchell, merge this week to form one of the largest state-based firms in Tennessee called Le....[more]
01-06-2014

Saudi Arabia Gets Its First All-Women Law Firm

The international legal industry witnessed a landmark in its history as last week Saudi Arabia saw the birth of its first all-women law firm. In a traditionally male dominated society ruled by Sharia law, this change was as surprising, as it is welcome. The law firm was launched in Jeddah two months....[more]