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Credit crunch may slow firm collections
With the economy reeling from the credit crisis, law firms no doubt are edgy about their looming year-end results as they enter the fourth-quarter home stretch for 2008. Many are touting an increase in litigation and restructuring business as offsets to declines in capital markets, deal work and real estate matters. But the fact remains that any hours law firms billed in 2008 are only as valuable as the client's ability to pay for them.Mid-Cap Deal Report: Energy, Natural Resources Work Grows
Paterson Names DeGrasse, Renwick to First Department
Governor David A. Paterson on Friday appointed Manhattan Supreme Court Justice Leland G. DeGrasse and Bronx Supreme Court Justice Dianne T. Renwick to the Appellate Division, First Department, filling two of the three remaining vacancies on that bench. Also Friday, Mr. Paterson nominated four new judges and re-nominated two others to the state Court of Claims and announced nominees for eight interim vacancies on other state courts.The Cal Law 25: Charting Success
We inaugurate the Cal Law 25 by ranking the 25 leading firms by 2006 gross revenue.A nationwide sampling of law firm billing rates
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