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U.S. legal sector lost 4,200 jobs in February
February was yet another tough month for the U.S. legal industry.According to a 30-page report issued on Friday by the U.S. Department of Labor's Bureau of Labor Statistics, the number of individuals employed in legal services shrank by 4,200 in February.The 0.36 percent drop from January's numbers reflects a continued series of layoffs by U.No Decrease in 2006 Bonuses Despite Raises
While many Texas associates took home a lot more in their paychecks in 2006 due to new, higher salary scales adopted by the firms, a number of firms with large Texas operations still paid healthy year-end bonuses to associates — or will pay them soon.
Judge Names Conservator for Jailed Lawyer's Practice
What do you do with more than 300 case files that once belonged to a disbarred lawyer who is currently incarcerated in the Dallas County Jail and two competing lawyers who step forward asking to be appointed conservator over those case files?
Owen at Center of Nominations Fracas
It's no surprise Senate Republicans are pushing for an up-or-down vote on Priscilla Owen. The Texas judge historically has come out on top when the votes are counted.
Bryan Cave Latest to Open Distressed Assets Group
This week, in the latest in a string of similar launches by Am Law 100 and 200 firms, Bryan Cave launched a distressed financial institution practice. Analysts say creating distressed assets groups is a smart marketing strategy. And Bryan Cave regulatory specialist Karen Garrett says, "We decided to be proactive and not wait and be reactionary." Over the last few months, Garrett has been fielding calls on an almost daily basis from lawyers across the firm seeking advice on issues related to bank collapses.A nationwide sampling of law firm billing rates
The National Law Journal asked the respondents to its 2007 survey of the nation's 250 largest law firms to provide a range of hourly billing rates for partners and associates. The firms that supplied this information � including some firms that are not in the NLJ 250 � are listed below in alphabetical order.
Trend Watch: Texas Supreme Court Expands Mandamus Review
Sometimes, victory at the Texas Supreme Court boils down to timing. And nobody knows that better than R. Brent Cooper. This year, Cooper convinced a divided high court to grant his clients mandamus relief in In Re: Columbia Medical Center of Las Colinas, et al. and In Re: Baylor Medical Center at Garland. The opinions — two of the most significant decisions of the court's 2008-2009 term — signal an expansion of mandamus review, three appellate lawyers say.Is a Receiver Bound to Arbitration Agreement if Suing on Behalf of Creditors?
The 5th Circuit rarely lets parties out of contracts that mandate that their disputes be settled through binding arbitration. That could turn out to be true even for the federally appointed receiver who's seeking to recover the allegedly fraudulently transferred assets of convicted financier R. Allen Stanford and his related companies.Trending Stories
- 1Infant Formula Judge Sanctions Kirkland's Jim Hurst: 'Overtly Crossed the Lines'
- 2Election 2024: Nationwide Judicial Races and Ballot Measures to Watch
- 3Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not
- 4How I Made Practice Group Chair: 'If You Love What You Do and Put the Time and Effort Into It, You Will Excel,' Says Lisa Saul of Forde & O'Meara
- 5Abbott, Mead Johnson Win Defense Verdict Over Preemie Infant Formula
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