Annual survey shows law firm leaders wary but confident
What will next year look like at the biggest law firms? For the first time since The American Lawyer began surveying firm leaders in 2003, their answer is: We're not sure. More than half the respondents reported feeling uncertain about the year ahead, up from a quarter a year ago. Managing partners are projecting lower profit gains and fairly stagnant deal flow. Still, one aspect of firm management may never change: Ninety-eight percent of respondents said their billing rates will be higher next year.The Global Lawyer: The Movement for Law Firm Human Rights Gathers Steam
The ABA is on board with the U.N.'s agenda on business and human rights, but lawyers are only starting to ponder the questions it raises. Should human rights influence legal advice? Did Shell's advisers go too far in Kiobel?The Bankruptcy Files: Law Firm Creditors Look to Collect
Outstanding legal bills owed to firms like Ropes & Gray, Gibson Dunn, Goodwin Procter, and Wiley Rein are bringing the firms into bankruptcy court--not as counsel, but as creditors themselves.Skadden Helps Chinese Chemical Company Acquire Orkla Unit
Oslo-based conglomerate Orkla ASA announced that it had reached an agreement to sell one of its units to China National BlueStar (Group) Co., in a deal worth $2 billion.Former EDNY Chief Benton Campbell Joins Latham's New York Office
Benton Campbell, a former interim head of the U.S. attorney's office for the Eastern District of New York, will join several former Justice Department colleagues at Latham & Watkins on Monday.The Churn: Lateral Moves and Promotions in The Am Law 200
Womble Carlyle Sandridge & Rice gains a healthcare veteran; Baker & Hostetler grabs a pair of lawyers from McKenna Long & Aldridge; and a government employee in Massachusetts heads to Goodwin Procter. The Churn is constant. Please send all announcements to [email protected].Not the Retiring Kind: On One Partner's Jumpto Dewey
After a 40-year career that saw him serve as arbitrator or counsel in more than 100 cases, Sullivan & Cromwell international arbitration and dispute resolution expert James Carter wasn't ready to call it quits.Trending Stories
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