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Law firm mergers down in second quarter
While legal consultancies Altman Weil and the Hildebrandt Institute report that mergers involving U.S. law firms were down in the second quarter of 2012 compared with the same period last year, statistics show that the industry saw more tie-ups in the first half of this year than it did during the first six months of 2011.National Firms Stake Claim in Phoenix's Robust Economy
It may be a dry heat in Phoenix, but it's also a hot legal market for national law firms moving into the desert city to take advantage of its flourishing economy. Law firms want a piece of the hospitality, real estate, construction, aerospace and electronics industries, but that means some firms with long-standing practices in Phoenix are feeling a pinch from the competition. "The large national firms are competing for a relatively small number of people," says Sonnenschein Nath Chairman Elliott Portnoy.Dickinson Wright Gains 60 Lawyers in Phoenix
A year in the making, Dickinson Wright's combination with Arizona firm Mariscal, Weeks, McIntyre & Friedlander gives the Detroit-based Am Law 200 firm 350 attorneys in the U.S. and Canada.Court Deadline Calculator Adds Customized Calendars, Templates
Denver-based LawToolBox.com has added new customization capabilities such as creating deadline calendars and rule-based templates to its eponymous software-as-a-service offering.The Score: Firms Eye Devils Deal, Proskauer Seals TV Pacts
Proskauer Rose is advising the U.S. Golf Association and NASCAR on new television broadcast rights deals with Fox Sports and NBC Sports, respectively; Boies, Schiller & Flexner and Wachtell, Lipton, Rosen & Katz are leading on a looming sale of the National Hockey League's New Jersey Devils; and several Am Law 100 lawyers take seats on the NCAA's expanded infractions committee in our latest look at sports and the law.Skadden, Proskauer bring NHL back, other Am Law firms take lead on Phoenix Coyotes sale
The National Hockey League's lawyers from Skadden and Proskauer reached an agreement with their counterparts at the NHL Players' Association early Sunday, following a 16-hour negotiation session. After a two-hour nap, the NHL's outside counsel and their in-house counterparts returned to the task of drafting a 10-year contract that will split league revenues 50-50 between players and owners.Panel vacates its own ruling on $371M award
A divided panel of the U.S. Court of Appeals for the Federal Circuit has vacated a $371.2 million damages award, ruling that a judge must make an objective determination of recklessness in order to find willful patent infringement.Armstrong Teasdale Doubles Down in Las Vegas
The St. Louis-based Am Law 200 firm, which bolstered its eight-year-old Las Vegas office last year with hires from struggling local shop Jones Vargas, has added four lawyers from commercial insolvency and litigation boutique Shea & Carlyon, which dissolved on August 1.Trending Stories
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