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The American Lawyer

$128M Suit Against UnitedLex Over LeClairRyan Demise Shows Outsourcing No Cure for Dying Firm

LeClairRyan was already on its last legs when it negotiated a joint venture with UnitedLex. In the end, its creditors paid the price, according to a lawsuit filed Tuesday.
7 minute read

The Legal Intelligencer

Foreclosure Firm Phelan Hallinan Closes Permanently

In layoff notices earlier this year, the firm said COVID-19 had caused a significant decrease in business demand, as moratoriums on foreclosures took effect.
3 minute read

New Jersey Law Journal

After Hours: Mercer County Bar Association; Giordano Halleran

Mercer Bar Names Paravecchia Young Lawyer of the Year The Mercer County Bar Association named Joseph Paravecchia, an assistant prosecutor at the…
3 minute read

International Edition

Former Ince & Co Partners Launch Court Battle Over Handling of Firm Administration

Partners at legacy Ince & Co France have issued summons against the firm's administrators alleging they were misled.
3 minute read

The Legal Intelligencer

Golomb, Honik Sue Each Other Over Firm's Dissolution

Richard Golomb and Ruben Honik's partnership is coming to an end after 22 years.
3 minute read

New Jersey Law Journal

Jersey City's Partial Payment Didn't Satisfy Unpaid $156,936 Legal Bill, Appeals Court Rules

A fact finder could conclude that the partial payment was not accepted as satisfaction of the debt, but was accepted with the intention that the remainder would be paid in the next fiscal year, the Appellate Division panel said.
4 minute read

International Edition

At Risk: The Firms With The Least Cash and The Most Debt

An analysis has laid bare the precarious cash position at many firms following an auditor report on the UK's top 50 law firm accounts.
7 minute read

International Edition

Australian M&A Slows, but Firms See Pickup in Distressed Sellers

More stringent government regulations tightening rules for foreign acquisitions are adding to the difficulty of doing deals in the current COVID-19 environment.
5 minute read

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

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