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New Year Brings a Surge of Lateral Hires
The first few weeks of 2008 already have marked an abundance of lateral hires among partners making a switch for better opportunities -- or so they hope -- at some of the nation's biggest law firms. So far the areas of practice for lateral hires are across the board, though movement in bankruptcy and finance already look particularly active. In one of the more prominent switches, DLA Piper has recruited William Goldman from Sidley Austin to join its restructuring and bankruptcy practice group in New York.Shale Boom Keeps Firms Busy With Fracking Deals
Shale continues to fuel not just the energy industry but also some of the United States' largest law firms. Skadden and Akin Gump have picked up key advisory roles on a $742 million deal, while another $300 million shale deal has received regulatory approval, and K&L Gates is launching a new energy, infrastructure and resources practice group.Deferred Associates Stay Busy Before Starting at Their Firms
Many incoming first-year associates at large law firms are dealing with months of unexpected free time because their firms have delayed their start dates from the fall of 2009 to January 2010 or later. While some are vacationing or relaxing after taking their bar exam, others have found jobs, either on their own or with the assistance of their firms. Here are five "What I Did on My Deferral" stories from incoming first-year associates at Texas firms.Plaintiffs would divide BP shareholder claims into three trials
Lawyers for shareholders suing BP PLC to recover losses tied to last year's Deepwater Horizon oil spill have proposed a timetable by which their cases would go to trial separately, with the first trial possible by July 30, 2012, according to court documents.Great Expectations? Despite Challenges, Some Firm Lobby Shops Had One of Their Best Sessions
In the 2011 legislative marathon in Austin that ended after a 30-day special session on June 29, Texas lawyers who lobby and their clients had to settle for what they could get. That's because state funding deficit woes and redistricting made getting attention for clients' wish lists a difficult proposition. John "Jack" Erskine of K&L Gates lobbied for The Boeing Co., Department of Public Safety Officers Association, and Alliance of Automobile Manufacturers among other clients.Citing Revolving Door, Watchdog Report Questions SEC's Independence
The Project on Government Oversight analyzed hundreds of internal Securities and Exchange Commission documents and is questioning the SEC's ability to remain independent given the "revolving door" frequency with which its employees jump between the public and private sectors.Full-time firm job: finding square footage
With the size of law firms ballooning, finding room to grow has become a full-time endeavor at some firms. Greenberg Traurig's Robert Ivanhoe spends up to 1,000 hours each year handling his firm's own commercial real estate demands, which have exploded since 2001.Billable hours aren't the only game in town anymore
The percentages given below denote the estimated portions of the firms' revenues obtained through each of these two categories. The percentages are followed by the billing methods that the firms reported using within the two categories. The number given after each firm's name indicates its total number of attorneys. The firms provided the information in response to The National Law Journal's 2007 law firm survey.Trending Stories
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Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review
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Data Management and Analytics: The Key to Success for Legal Operations
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Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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