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The Incredible Shrinking Class
Texas' largest law firms have recruited fewer new associates than they did last year, according to a recent survey. First-year salaries are still relatively flat, but pay offered to second-year students who worked as summer clerks is up slightly. Most firms cite a still-sluggish economy as the primary reason for the doldrums. An analysis of several top firms reveals some differences in hiring practices and salaries.Gross Revenue at BigTex Firms Inches Up in '11
The strength of the Texas economy, and the rock-solid energy business specifically, resulted in a strong year for the finances of large Texas firms. Jackson Walker managing partner C. Wade Cooper helped his firm's gross revenue jump 8.5 percent in 2011.Failure-to-Warn Cause of Action Knocked Out in Vioxx Case
The state district judge overseeing the Texas Vioxx multidistrict litigation granted a summary judgment on April 20 that dismisses the failure-to-warn cause of action in a Vioxx suit set for trial in May.Enron Mess Gives a Boost to MDP Foes
The controversy over Arthur Andersen`s handling of Enron Corp.`s books may not only stain the accounting giant`s reputation but also could be a fatal blow to an often talked-about marriage of the accounting industry and legal profession. For several years, an increasing number of lawyers and accountants have advocated multidisciplinary practices, which, in their purest form, allow nonlegal professionals such as accountants to deliver joint services with attorneys and share legal fees.Trending Stories
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State Lawmakers Targeting Plastic Pollution in 2024
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