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For Law Firm Associates, It's Been a Decade of Thrills and Chills
It was a wild ride for associates at big law firms during the first decade of the century. In the end, most everyone was a little queasy from the experience. Between 2000 and 2009, law firms doled out jaw-dropping bonuses, lavished benefits and hiked first-year salaries to a point that drew the envy of federal judges. The decade also featured mass job cuts, pay reductions and a decided shift in power for recent law graduates, many of whom, at decade's end, were clamoring for even part-time work at living-wage levels.Summer Must-Reads for the In-House Set
Where are your company's most valuable assets stored? A computer database? A factory? A warehouse? Not quite. They are inside your employees, some of whom are valuable but flawed. As corporate counsel, your role in protecting those assets is to become a turnaround specialist for the employees. Here are some helpful resources to add to your summer reading.More GCs Put Outside Litigators on a Budget
In a trend that's picking up steam, corporate counsel are increasingly requiring outside litigation firms to submit detailed budgets from the outset of a case. Corporations like getting the budgets partly because they can also be benchmarks for larger evaluation of law firms, says one consultant. In addition, the budgets enable companies to see how well their own attorneys are controlling costs. For their part, litigation partners note the difficulty -- and tension -- potentially caused by the demand.Sports Fan Represents the Cream of the NFL Crop
R. David Ware watched the National Football League's April player draft with more than the usual sports fan's interest: The partner at Atlanta's Constangy, Brooks & Smith represented nine players drafted by NFL franchises. And though there's no rule that sports agents be lawyers, Ware's J.D. enables him to handle all his clients' legal issues, from endorsement deals to real estate transactions and even the occasional paternity suit.Judge to Decide If Commission Election in DeKalb Is a Go
R. Robin [email protected] A DeKalb commissioner has asked a federal judge here to halt Tuesday's county commission election. Attorneys for Jacqueline Scott, the incumbent commissioner in District 3, filed an expedited motion for a preliminary injunction last week to stop the elections or, if that fails, to prevent certification of a winner.Courtroom Presentations Should Be Dynamic
New software can convert trial exhibits to electronic form and load them onto a computer's hard drive. With a point and a click, lawyers can show the exhibits on a computer screen or through a projector. That's mainly what these programs offer ? a way to keep sheafs of paper or videocassettes out of the courtroom.How Bad Client Behavior Can Affect Law Firms
Claiming "zero tolerance" for sexual harassment is a common way for law firms to declare their hard-line approach if such a problem occurs within their own organizations. But a lawsuit filed by a former Blank Rome associate demonstrates the gray areas that can emerge when bad conduct comes from big clients. The case is serving as an example of the opposing tensions that law firm management has in addressing a worker's allegations and maintaining viable relationships with important clients.Firms Face Sharp Rise in Malpractice Suits
Emma [email protected]'s getting more expensive for corporate lawyers to defend themselves. A soon-to-be-released study by the American Bar Association shows that the number of big-ticket suits-those with claims of $2 million or more-against firms has risen dramatically since 1996.Fewer students apply to top schools
Fewer people applied to law schools for the upcoming academic year, and the number of minority enrollments dropped, according to information released by 19 of the country's top schools.Trending Stories
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2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates
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AI in Private Equity: A Guide for Gaining an Early Advantage
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2025 State Legislative Sessions
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