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June 06, 2002 | Law.com

Fall From Grace

Jennings, Strouss & Salmon was on top of the world. Then one of its biggest clients, the Baptist Foundation of Arizona, collapsed amid allegations of fraud. It filed for bankruptcy in the largest collapse of a charity in U.S. history, with more than 11,000 mostly elderly investors losing nearly $600 million. And the esteemed world of Phoenix-based Jennings Strouss began to crack.
9 minute read
March 09, 2007 | National Law Journal

Boston Firms Split on How to Respond to N.Y. Pay Hikes

The race to raise first-year associate salaries has opened a chasm in Boston between firms matching New York's top rate of $160,000 and firms offering a $145,000 starting salary. Proskauer Rose expects the higher salaries to help the firm hold on to lawyers, according to Steven Bauer, who heads the firm's Boston office. "One of the biggest expenses a law firm faces is losing associates," he said. "If we can retain two associates this year who might have left, it pays for the increased raise by itself."
3 minute read
January 22, 2008 | Daily Report Online

Law firm mergers slowed in 2007

Merger and lateral activity among law firms slowed slightly in 2007, but despite the darkening financial horizon, many in the industry expect the attorney shuffle to retain energy in 2008. Last year's grandest mergers created bicoastal giants and national firms grown from regional roots. Plenty of lateral moves among big-name attorneys defecting from their firms for better deals elsewhere also grabbed the spotlight.
5 minute read
May 21, 2002 | Law.com

Star Chambers

U.S. firms are looking to some of London's best barristers, like Essex Court Chambers' Gordon Pollock, to represent their important cases in U.K. court. Courtroom advocacy is just one service for which U.S. firms retain barristers -- and it's the only service that requires a registered U.K. go-between. Here's a look at the top firms and players U.S. firms are turning to for help.
8 minute read
March 20, 2013 | National Law Journal

Brief of the Week: Retired military brass seek to clarify right of self-defense in combat zones

The U.S. Supreme Court does not take many military petitions, but 37 retired admirals and generals from all four service branches are strongly urging the justices to review the case of former Army Ranger First Lieutenant Michael Behenna.
7 minute read
October 19, 2007 | Daily Report Online

Night at the museum

16 minute read
July 06, 2006 | New York Law Journal

Justiciability Dispute

Insurers of a corporation facing billions of dollars in asbestos claims have won the right to litigate their exposure in a New York court. A divided Appellate Division, First Department, last week overturned a Supreme Court decision granting a stay in a declaratory judgment action until a Pennsylvania federal district court resolved a bankruptcy action involving one of parties.
7 minute read
September 14, 2012 | The Recorder

Firms Beef up Tax Practices in Valley as IRS Increases Scrutiny of IP Assets

There's not only been a substantial uptick in the number of tax challenges filed, but also more intense questioning by the IRS, according to Fenwick tax litigation chair Kenneth Clark.
8 minute read
September 05, 2012 | The American Lawyer

Baker Botts Latest Am Law 100 Firm to Be Brussels Bound

Some 18 months after bringing on 32 antitrust lawyers from now-defunct Howrey, Baker Botts is expanding its competition law group again by snagging former Brussels-based Hogan Lovells partner Catriona Hatton to serve as partner-in-charge of the firm's new office in the European Union's de facto capital.
6 minute read
May 15, 2001 | Law.com

The Headline Bounty

Increasingly, law firms trying to distinguish themselves in a crowded field are looking to PR rather than advertising. Some firms promise salaries of more than $250,000 to lure a new brand of senior-level marketing professional. And despite a tightening economy, firms bolstered their total marketing budgets last year. Still, many firms go outside. Among D.C.'s heavyweight firms, Richard Levick is the PR go-to guy.
8 minute read

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