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05-29-2013

Number of Blacks Employed in U.S. Law Firms Drops, Raising Diversity Fatigue

Fewer women and minority lawyers have been employed in the U.S. after the 2008-09 recession, according to the most recent National Association for Law Placement (NALP) report on diversity in law firm demographics. This has raised questions on whether U.S. corporate law firms have stopped making it a....[more]
05-28-2013

Biglaw Firms Fail to Pass Basic Computer Literacy Test

D. Casey Flaherty, the corporate counsel at Kia Motors America, decided to give a test to outside counsel regarding their computer skills. The result – out of the nine firms that sent their attorneys to take the test, not a single one passed. In fact, one firm failed the test twice.....[more]
05-22-2013

Survey Shows that Recession Driven Changes Are Here to Stay for Law Firms

The fifth annual Altman Weil Law Firms in Transition Survey that was released on Tuesday shows that several law firm leaders now believe that the changes they made to their firms during the recession are likely to become permanent.....[more]
05-21-2013

Law Professor Says that Nonlawyers Should Be Allowed Leadership Positions in the Legal Profession

The legal profession will be much better off if nonlawyers are allowed to head not just law firms but also legal organizations such as the American Bar Association. This is the opinion of Professor James E. Moliterno, a law professor at the Washington and Lee University School of Law.....[more]
05-15-2013

Citi Survey Shows Law Firms Had a Weak First Quarter

Survey results from Citi Private Bank’s Law Firm Group show that the major Am Law firms got off to a slow start in 2013. The main reason for that according to the report’s authors is that many firms got work in the last quarter of 2012 as their clients wanted to wrap up tax-driven transactional ....[more]
05-14-2013

Former Dewey partner resolves loan dispute with Citibank

A former Dewey & LeBoeuf partner, Steven Otillar, has settled his dispute with Citibank. He had claimed that the bank had defrauded him and his fellow partners by giving them loans to help them finance their capital contribution to the troubled firm.....[more]
05-08-2013

Profits Per Partner Rise as Several Law Firms Cut Number of Equity Partners

A recent analysis of America’s top law firms shows that the ratio of equity partners to overall lawyers in the law firms is decreasing. These cuts are boosting the profits per partner in these firms. The analysis of 97 law firms, carried out by The American Lawyer show that the average proportion ....[more]
04-30-2013

Chinese Law Firm Opens Office in New York

Zhong Lun Law Firm, one of China’s top private law firms has opened an office in New York. The firm announced in a press release that the purpose of the office was to help American clients investing or doing business in China and also help Chinese clients do business and investments in America.....[more]
04-29-2013

Am Law 100 2012: Firms Post Modest Increases in All Major Metrics, DLA Piper Gets Number One Spot

The Am Law 100 2013 report is out, and the report shows that on most major metrics, the Am Law firms posted modest increases. The total revenue earned by these 100 law firms increased by 3.4 percent ($2.43 billion) to reach $73.4 billion in 2012.....[more]
04-22-2013

DLA Piper Resolves Legal Battle with Ex-client Who Exposed Internal Emails Showing Law Firm Making Jokes at His Expense

DLA Piper ....[more]
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