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The American Lawyer

John Pierce Denies Reports of Firm's Closure, Says Firm Laid Off Some Associates

"Total fake news," says Pierce Bainbridge's founder about reports of the firm closing its doors.
4 minute read

International Edition

Five Financing Options for Law Firms in Challenging Times

Some ways of improving a law firm's financial situation are tried and tested, others are more novel.
5 minute read

Law.com

For Big Law, Is COVID-19 The Great Recession All Over Again?

Keith Wetmore, former chairman at Morrison & Foerster, and Bill Brandt, who has helped handle workouts and restructurings for nearly 40 law firms, had big roles during the 2008 recession. Here's their perspective on the major challenges law firms are facing now.
1 minute read

International Edition

When Law Firms Fail, These Two Step In. They Explain How to Dodge Pitfalls and Stay Ahead of the Curve

The pair behind the KWM and Ince administrations explain why law firms need to modernise faster in uncertain times.
6 minute read

The Recorder

9th Circuit Puts the Nail in the Coffin of Howrey Trustee's 'Unfinished Business' Claims

The court adopted the position of the D.C. Court of Appeals, which found earlier this month that clients, not firms, control ongoing matters in a matter of first impression under D.C. law.
3 minute read

The American Lawyer

DC Court Shoots Down Bankrupt Howrey's 'Unfinished Business' Claims

"A law firm does not have a 'legitimate claim of entitlement' to hourly billed client matters because it is the clients who retain the right to control the representation," Chief Judge Anna Blackburne-Rigsby wrote.
4 minute read

The American Lawyer

Sedgwick's $1.9M Clawback Settlement Gets Go-Ahead in Chapter 11 Approval

A California bankruptcy judge ripped into the attorney for a former partner objecting to the settlement Thursday, accusing her of introducing a new argument at the confirmation hearing.
4 minute read

New York Law Journal

Cellino Says Breakup With Barnes Is Nearly Complete, New Firm Coming

Ross Cellino says his partner, Stephen Barnes, had finally agreed to break up their famed personal-injury firm. The fate of the firm's jingle is not yet certain.
5 minute read

New York Law Journal

Ex-Napoli Bern Receiver's Firm Says It Still Hasn't Been Paid, 4 Years on

"Were they lying then, or are they lying now?" The firm that represented a receiver for plaintiffs firm Napoli Bern says it still hasn't gotten its $151,000 in fees and is being given the run-around in its search for assets.
4 minute read

New York Law Journal

Accusations of Sex Misconduct, Extortion Shake PI Firm's Breakup

Frank Eskesen was accused by his former partner of having affairs with their firm's secretaries and then lying about it, but Eskesen says his ex-partner has sought to blackmail him.
5 minute read

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