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International Bar Association Holds Convention in Chicago
Thousands of lawyers from around the world will be in Chicago from Sept. 17 to 22 to attend the International Bar Association conference -- and to network. "Lawyers see the possibility of making connections with lawyers in different jurisdictions so they will know who to call when they need someone in a different jurisdiction, and they hope the people they call will reciprocate," says Jenner & Block's Lawrence Schaner, who serves on an IBA committee. There may also be talk about mergers and recruitment.
PDLG Summer 1L Program Aims To Keep Diverse Lawyers in Phila.
One of the significant challenges facing Philadelphia law firms is to attract and retain diverse lawyers.
As Firms Grow, Who Can't Afford to Stand Still?
All's quiet on the merger front, but that could soon change. A look at which D.C.-based firms are poised for a merger in the current market.
Big Firms Growing, But Just Barely
The nation's 250 largest law firms continued to grow last year, but just barely. The attorney head count inched up by 1.5 percent, compared with last year's 1.6 percent - the lowest since 1994. Even more revealing, associate numbers dipped by 3.5 percent, marking only the third time in 27 years that levels dropped in consecutive years.Tobacco Companies Handed a Win; States May Face $1B Loss
A New York appellate panel handed tobacco companies a victory Thursday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration. Under the settlement, which compensates states for funds spent treating smoking-related illnesses, the states receive $6.2 billion annually from 45 participating companies. The ruling has enormous fiscal implications for the states as the reduction could amount to more than $1 billion a year.
Vindicated? Lehman Report Shows Ex-GC's Fight to the Bitter End
A new 2,200-page report, dubbed the 'Wall Street equivalent of a coroner's report,' reveals behind-the-scenes details of ex-GC Thomas Russo's fight to save Lehman Brothers — and puts other former in-house lawyers in the hot seat.Dechert Raises First-Year Pay to $135K
Keeping pace with a market that has repeatedly upped salary levels and shown stronger financial numbers than in years past, Dechert has become the latest firm to pay its young attorneys more, bumping first-year associate salaries from $125,000 to $135,000. The firm joins Morgan, Lewis & Bockius as the highest-paying law firms in Philadelphia for first-year associates. Ballard Spahr Andrews & Ingersoll will also increase associate starting salaries by $10,000, to $125,000.
Sources: FJD in Settlement Talks With Law Firm in Family Court Saga
The First Judicial District is in settlement talks with the law firm whose former partner played a dual role in the development of a new Philadelphia family courthouse, according to sources familiar with the negotiations.Trending Stories
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