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Top StoriesTuesday, May 22, 2012

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Children Conceived After Father's Death Not Entitled to Benefits, Supreme Court Rules

In a case at the intersection of law and modern reproductive technology, the U.S. Supreme Court on Monday ruled that state inheritance laws will determine whether children conceived after their father's death are eligible for Social Security survivors benefits. Also on Monday, the justices stepped into another post-Sept. 11 controversy by granting review in a challenge involving the constitutionality of 2008 amendments to the Foreign Intelligence Surveillance Act.

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Pacenti's rant: Law firm layoffs

It's not easy being a lawyer these days. And even harder being part of the law firm's support staff as law firms are cutting back on those positions. John Pacenti asks "Is this more about management or greed?"

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Exoneration Report Casts New Light on Extent of Wrongful Convictions

According to a law school report released Monday, exonerations in the U.S. since 1989 have topped 2,000 -- but, as one of the registry's editors put it, those are just "the tip of an iceberg." Among the findings: 64 percent of homicide exonerations nationwide were at least partly attributed to perjury or false accusations.

One of Few Remaining Dewey Rainmakers Announces Exit

Dewey & LeBoeuf co-vice chair Ralph Ferrara is leading a four-partner team to Proskauer Rose. Combined with a number of other Dewey partner departures in the past few days, that leaves the firm with 22 partners, at most, in its U.S. offices, with a handful of others scattered abroad.

Howrey Bankruptcy Claims Former Partner's 'Dream Home'

Michael Lee, a U.S. senator from Utah and former Howrey partner, says his inability to retrieve his capital contributions forced him to sell off his million-dollar house and move into a rental with his wife and three children. More than a year into the firm's bankruptcy, Lee is hardly the only party to go unpaid by Howrey.

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Corporate Lawyer Pleads Guilty in Escrow Theft and Stock Scam

A former New York partner of Baker & McKenzie pleaded guilty Monday in federal court to money laundering and conspiracy to commit securities fraud. Martin Weisberg's plea came as jury selection was about to begin in a trial of one of two separate indictments against him. He pleaded guilty to one count from each of the indictments.

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Federal Judge: School System Not Liable for Bullied Teen's Suicide

ATLaw | May 21, 2012

In a case that is being watched nationwide, a Georgia federal judge has determined that a 17-year-old who hanged himself in 2009 likely was subjected to severe and pervasive bullying throughout his time in high school but that the school system had responded effectively every time administrators were alerted that the teen had been bullied.

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Am Law 100 2012

The American Lawyer

All the key financial metrics for The Am Law 100 rose by single digits last year: gross revenue, revenue per lawyer and profits per partner. Eighty-three firms posted revenue gains, 25 more than in the prior year. Firms reversed course and added to their head count. Even equity partners grew their ranks on average after two years of flat or negative growth. But as a rule, income inequality continued to plague the rankings.

 

The Haves and the Haves Less
 

Gross Revenue: Vereins Top List

 

Am Law 100 Interactive Chart

 

25 Years of The Am Law 100

 
VIEW ALL OF THE "AMLAW 100"
NLJ 250

The National Law Journal

After three years of flat to negative growth, 2011 was when the nation's 250 largest law firms started getting bigger again. Headcount among NLJ 250 firms was up a collective 2,132 lawyers, for a growth rate of 1.7 percent -- in line with the average increase during the past 10 years, but well below the 4 to 5 percent growth of 2005-2008. Growth was far from universal in 2011; while 118 firms on the list added lawyers, 109 shrank and eight were flat.

 

A Time to Grow, Once Again

 

Full NLJ 250 Survey Results

 

Newcomers to the NLJ 250

 

NLJ 250 Regional Report

 
VIEW ALL OF THE 'NLJ 250'
The Power of Hope

The American Lawyer

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

 
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Go-To Law Schools

The National Law Journal

The economy began to rebound in 2011, but that wasn't enough to get firms to rev up associate hiring. We rank the top 50 law schools by percentage of 2011 J.D. grads who took jobs at NLJ 250 firms. We also identify the schools where NLJ 250 firms recruited the most graduates and the law schools that saw the most alumni promoted to partner in 2011.

 

It's Tough Out There

 

The Go-To Law Schools

 

Firm Favorites of 2011

 

Associates Promoted to Partner

 

Biggest Bang for the Buck?

 
VIEW ALL OF THE REPORT
 
 
 
 
 

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Freshfields to Draw on 3,500 Alumni for Temp Lawyer Venture

Legal Week

Freshfields has officially launched its much-touted contract lawyer initiative, which will see the firm draw on its 3,500-strong pool of former fee earners for additional staffing during busy periods. Freshfields Continuum promises to be one of the most ambitious attempts by a major law firm to commercially leverage its alumni network.

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