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Lawyers' Fund for Client Protection - Lists
Notice to the bar.Associate Pay Cuts Here to Stay, Say Firms, Analysts
A growing number of managing partners and management consultants say recent cuts to associate compensation aren't a temporary phenomenon. And some predict an even more significant correction to entry-level lawyer salaries coming in the year ahead. Since February 2009, at least 19 Am Law 200 firms have rolled back entry-level pay. And the pace of change appears to have picked up in recent months, with some global firms announcing far-reaching changes. Even at Wall Street firms, change is in the air.The Score: The NFL Agents of The Am Law 200
With the National Football League playoffs less than two weeks away, The Am Law Daily takes a look at the player agents who hail from Am Law 200 firms. Elsewhere in our latest look at sports and the law: an ex-Miller Canfield partner sues the firm over his request for a leave of absence to coach football; a Cooley partner defends his client Roger Clemens; and a Wilmer alum is hired to help turn around the NFL's Cleveland Browns.MCI-Verizon Plans to Slash Legal Team
At some point in the coming months, the proverbial blood may be hitting the floor. Verizon Communications Inc.'s $6.7 billion proposed acquisition of MCI Inc. would result in job losses in the corporate legal department -- in all, 357 attorneys work for the two telecom giants -- and it will almost certainly mean some outside law firms are going to lose a big client. If MCI's legal department is targeted for dismantling, it will spell the end of one of the iconic legal players on the D.C. scene.MCI-Verizon Plans to Slash Legal Team
The proverbial blood may soon hit the floor, thanks to Verizon's proposed $6.7 billion acquisition of MCI. The two telecom giants currently boast 357 attorneys, a number set to shrink if the deal proceeds. And outside law firms would likely lose a big client as well. The deal is far from complete, but as Timothy Casey, MCI's former chief technology counsel puts it, "Every firm that has a telecom practice is going to get squeezed" by telecommunications industry consolidation.Trending Stories
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