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Daily Report Online

As Equity Tiers Shrink, Big Law Grows Leverage

While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read

The American Lawyer

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read

New York Law Journal

Reported Pick of King & Spalding Partner for New York City's Next Corporation Counsel May Face Tough Confirmation Bid

While In private practice, Randy Mastro, a former deputy mayor of New York City, has been at the forefront of a number of headline-grabbing legal battles.
4 minute read

New Jersey Law Journal

On the Move and After Hours: Chasan Lamparello; Margolis Edelstein; VLJ; Genova Burns; Capehart Scatchard

Chasan Lamparello adds three education attorneys; Genova Burns promotes a partner; and more moves.
7 minute read

Legaltech News

Lifetime Achievement Winner: Barry Solomon, Litera

"It is easier to say what innovation isn't or shouldn't be. It shouldn't be a cool technology solution in search of a problem," said Barry Solomon, Vice President, M&A Integration at Litera.
8 minute read

Daily Business Review

Quinn Emanuel Faces Class Action in Fla. Over Fee Agreements

The wife of jailed real estate mogul Nir Meir is fighting bills from the firm totaling over $360,000, contending that her signature was forged on a fee agreement. She also says the arbitration clause in that agreement violates Florida bar rules.
3 minute read

Connecticut Law Tribune

This Law Firm Is Seeking $4.3 Million in Legal Fees, Interest

The statutory prejudgment interest on the allegedly unpaid invoices is around $1.6 million with an interest rate of 12%, leading to a balance of nearly $4.3 million, as of April 15, the complaint said.
2 minute read

The American Lawyer

Troutman Pepper and Locke Lord in Merger Talks to Create New Am Law 50 Law Firm

The combination would create a firm with more than 1,600 lawyers and would move the firm solidly into the Am Law 50.
5 minute read

The American Lawyer

Gaining Steam in Los Angeles, Shook Hires Litigation Group From Carlton Fields

Four litigation partners in Los Angeles, Atlanta and South Florida have joined Shook, Hardy & Bacon.
3 minute read

Daily Business Review

Meet Daniel Balmori: Unsung Hero, Multi-Generation Lawyer

"I know there are a lot of lawyer jokes out there," Daniel Balmori said. "But the examples that I had in my life showed this to be a really admirable profession."
5 minute read

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