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Law Firm Leasing Activity Plunged in the First Half as Shutdowns Hit Major Cities
Law firms overall have fared better than other industries, and there may be an opportunity to lock in favorable terms going forward given the financial success of some Big Law firms despite the pandemic.As Pandemic Hit, Law Firm Leasing Activity Plunged in Major Cities—Except DC
New York City saw a 45% drop in activity year-over-year, and San Francisco has yet to see any major law firm leasing transactions in 2020. Washington, D.C., on the other hand, saw an increase in law firm leasing activity.New Yorkers Buy Palm Beach Gardens' DiVosta Office Towers for $80 Million
The twin-tower complex is the first new office space built in Palm Beach Gardens in nearly a decade.Judge Denies Class Status for ICE Detainees Concerned About COVID-19
"Petitioners allege over 30 conditions in their suggested class definition, which could well mean that we may be required to certify over 90 subclasses—without even considering those petitioners with multiple conditions," U.S. District Chief Judge John Jones of the Middle District of Pennsylvania said.Do GCs Truly Care About Law Firm Diversity? In-House Leaders Share Their Side of the Story
"GCs are not always as powerful as you think they are," says in-house recruiter Sonya Olds Som.View more book results for the query "*"
Hire Up: Law Firms Pushed for IP Prowess, and an SEC Leader Went Home
Honigman and FisherBroyles both made IP hires, and Steven Peikin's return to Sullivan & Cromwell was among the week's biggest moves.Judges Tipped as Trump's Leading SCOTUS Picks Have Limited, and Different, Records on Class Actions
Judge Amy Coney Barrett of the U.S. Court of Appeals for the Seventh Circuit and Judge Barbara Lagoa, who served for more than a decade in Florida's state courts before joining the Eleventh Circuit in 2019, have different approaches to class actions, torts and arbitration, according to a review of their decisions.Arizona Firms Quietly Explore Opportunities From Ownership Rules Change
One firm fielded a call from an accounting firm curious about a partnership, while another is weighing a subsidiary with nonlawyer shareholders. But regulations governing the new reality still need to be clarified.Arizona Firms Quietly Explore Opportunities From Ownership Rules Change
One firm fielded a call from an accounting firm curious about a partnership, while another is weighing a subsidiary with nonlawyer shareholders. But regulations governing the new reality still need to be clarified.General Counsel Discuss Importance of Equity, Holding Law Firms Accountable With Buying Power
"It's the equity and inclusion part that's most important. It's making sure that they're in positions and have the ability to really be a part of the organization," Jeffrey Harleston, general counsel of Universal Music Group in Santa Monica, California, said. "In a for-profit corporation that means having P&L [profit and loss] responsibilities and having reporting lines to that individual."Trending Stories
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