0 results for 'Ruden McClosky'
Prominent Law Firms Report a Pro Bono Pullback
The pro bono contributions of Akerman Senterfitt, Greenberg Traurig and Holland & Knight decreased sharply last year, while contributions at Carlton Fields increased slightly. Akerman and Greenberg attributed at least some of the reported decline to inaccurate record keeping. A Holland leader attributed his firm's pro bono drop to a significant reduction in the number of lawyers at the firm. Yet Greenberg's Matthew Gorson says he sees lawyers doing more charitable work than anybody else.Amid Bankruptcy Reports, Dewey Says It's Eyeing All Options
Greenberg Traurig confirmed on April 20 that it has had preliminary discussions about hiring an unspecified number of lawyers from Dewey & LeBoeuf, which is reportedly considering a prepackaged bankruptcy plan in order to keep intact the bulk of the 1,000-lawyer New York-based firm as it copes with a deteriorating financial situation and mass partner exodus.Akerman shareholders flee as pay drops
Akerman Senterfitt has reported a dramatic 30 percent drop in its non-equity shareholders, capping off a difficult year marked by rapid turnover, the embarrassing collapse of a merger and the revelation that the firm missed its budget. Non-equity shareholders also suffered a 15 percent drop in pay. Firm chairman Andrew Smulian attributed most of the drop in non-equity partners to promotions to equity partnership. But Akerman also reported drop of more than 5 percent in its equity shareholder head count.Clients Sued by Firms for Fees Retaliate With Malpractice Suits
In a tanking economy, lawyers and their clients are increasingly finding themselves on opposing sides instead of sharing the same table in court, as a growing number of firms sue clients over unpaid attorney fees and clients fight back with legal malpractice counterclaims. Attorney Warren Trazenfeld says lawyers suing clients is "one of the top 10 stupidest things a lawyer can do." And Carlton Fields' Charles Rosenberg says lawsuits are sometimes necessary, but overall, suing clients is a lose-lose scenario.Miami Herald owner cancels Siffin land deal
The failure of developer Mark Siffin to close on the $190 million purchase of downtown Miami land raises questions about what went wrong, property owner The McClatchy Co.'s new plans for the site and what future development could be viable.Amid Bankruptcy Reports, Dewey Says It's Eyeing All Options; Greenberg Confirms Possible Interest
The drama swirling around Dewey & LeBoeuf took a new turn Friday when Greenberg Traurig said it has had "preliminary discussions relating to lawyers at Dewey & LeBoeuf," but has "made no commitments" nor "reached agreements." The statement came on the heels of reports that Dewey leaders are considering a prepackaged bankruptcy plan in order to keep intact what remains of the rapidly shrinking firm.Following Trend, Two Fla. Firms Merge
Extending a merger trend sweeping the legal industry, 31-lawyer Siegfried Rivera in Coral Gables, Fla., and 10-lawyer Hyman & Mars in Miami will combine July 1 to create a new firm. The two firms specialize in community association law, while Siegfried Rivera also does construction litigation and real estate law.Trending Stories
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