2nd Circuit Faults Use of State Law to Block $17 Billion Chevron Judgment

Following through on a September ruling vacating a preliminary injunction issued by Southern District of New York Judge Lewis Kaplan, the 2nd Circuit has ruled that New York law and the principles of international comity denied Kaplan the authority to block throughout the world the enforcement of a $17.2 billion environmental judgment secured against Chevron in Ecuador.
Related story: For more on the case, see Where the 2nd Circuit Leaves Chevron

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Are EU and Google Data Policies the Future of Online Privacy?

Corporate Counsel

1:55 P.M. EST

This week, the European Union proposed an overhaul of its data protection law, and Google announced a new privacy policy for its users. With the FTC and the Department of Commerce getting ready to join the global chorus, what does this sudden explosion in attention to data privacy mean for companies?

Ad Agency's Copyright Suit Against Law Firm Heads to Trial

The National Law Journal

12:45 P.M. EST

An advertising agency's copyright suit against personal injury firm Parker Waichman can move forward to trial next month, but without a breach-of-contract claim. Market Masters-Legal claims the firm, a former client, improperly used certain phrases, sounds and visual effects in ads created by the agency.

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Justice Department Defends Keeping Bin Laden Death Photos Secret

The BLT: The Blog of Legal Times | Jan. 26, 2012

The U.S. Justice Department has filed court papers in a public records suit, asking a federal judge to keep secret photos showing the death of Osama bin Laden. The DOJ says the images are classified because of their potential to incite violence against the United States.

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Other Voices from the Legal Web

While the nation's 100 highest-grossing firms rebounded from a disastrous 2009 by posting healthy gains in 2010, gains at the Second Hundred were less robust. The Second Hundred's total gross revenue rose 2.2 percent, to $17.46 billion in 2010 from $17.08 billion in 2009, while average revenue per lawyer increased just 1.5 percent, to $579,749 from $570,999. Average profits per partner rose 3.4 percent, to $665,665 from $643,580. So why aren't they worried?

The 2011 AmLaw 200

Gross Revenue

RPL Top 20

After watching profits per partner sink 4.3 percent in 2008 and revive only 0.3 percent in 2009, Am Law 100 firms finally posted a healthy increase—8.4 percent—in 2010. But much of that gain is attributable to firms’ aggressive cost-control measures, especially in the area of headcount, which dropped 2.7 percent over 2009. As a result, growth in revenue per lawyer—the most reliable measure of the overall financial health of law firms—was more tepid, 4.4 percent

Overview: Back in Black

Gross Revenue

Revenue Per Lawyer

The NLJ 250, The National Law Journal's annual survey of the nation's largest law firms, shows that Big Law continued to shed lawyers at a brisk clip in 2010. Nearly 2,900 fewer lawyers worked for the 250 top firms last year. That's in addition to the approximately 6,600 attorneys who departed in 2009. In the 34 years The NLJ has been surveying large firms to gather headcount numbers, there have never been multiyear declines of this magnitude.

THE 2011 NLJ 250

Branch Offices

Gains & Losses

Largest U.S. Law Offices

Since the early days of our survey, which ranks the world's largest law firms by revenue, international reach and profit have seemingly grown hand in hand. But when one examines the performance of individual firms in 2010 or charts their performance over time, it is unclear if there is truly a causal relationship between global expansion and financial success. Star performers can be found among the most stubborn homebodies and the most persistent imperialists.

The 2011 Global 100: Most Revenue

The 2011 Global 100: Most Profits Per Partner

The 2011 Global 100: Most Lawyers

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