Law.com

Top StoriesSunday, February 12, 2012

null

Is Same-Sex Marriage Issue in U.S. Supreme Court's Near Future?

The road map's details may not be clear yet, but the direction is: Same-sex marriage is moving closer to the U.S. Supreme Court. It may not be the recent decision in California's Proposition 8 case or even the pending challenges to the federal Defense of Marriage Act that entice the justices to answer the essential question: Is there a fundamental right to same-sex marriage? However, it will not be for lack of trying by those involved in the issue.
See related story: Prop 8 Ruling Gives DOMA Litigants New Tools

video center

DLA Piper's Browning Marean on E-Discovery Proportionality

Browning Marean, senior counsel at DLA Piper, speaks to LTN magazine's editor-in-chief, Monica Bay, about the challenges of fashioning responses to discovery requests that are appropriate -- and proportional -- to a case.

Law Firms' Profits Grew 3.3 Percent in 2011, Citi Report Says

Strong demand momentum coming into 2011 caused many law firm leaders to believe that a degree of certainty had been attained. But demand withered away in the second half of the year, particularly in transactional work, resulting in a profits per equity partner increase of just 3.3 percent, versus 7.4 percent in 2010.

null

The Global Impact of the E.U.'s New Rules on Data Privacy

The European Commission's new proposal on data protection regulations highlights fundamental differences in how Europe and the U.S. think about privacy. "Every company that looks to sell to an E.U. consumer will be caught by this," says a co-head of Reed Smith's data privacy, security and management group.

Mont. Independent Expenditure Challengers Ask Justice Kennedy to Stay Lower Court Ruling

Challengers to Montana's ban on corporate independent expenditures -- recently upheld by the Montana Supreme Court -- have asked Justice Anthony Kennedy to put a hold on the state court's ruling and have urged the full U.S. Supreme Court to reverse it.

null

Law Firm Sues Former Partner Over Electronic Access to Client Files

Elliott Greenleaf & Siedzikowski has sued ex-partner William R. Balaban and his new firm, Stevens & Lee, for allegedly installing software on Elliott Greenleaf's computers that allowed Balaban to have continued access to the firm's files through the "cloud," in an effort to take some of the firm's clients.

more headlines

featured product

Advertisement

Special Reports view all special reports »

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

 
VIEW ALL OF THE "AMLAW 200"
Am Law 100 2011

The American Lawyer

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

 
VIEW ALL OF THE "AMLAW 100"
NLJ 250

The National Law Journal

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

 
VIEW ALL OF THE 'NLJ 250'
Corporate ScorecardIllustration:Tavis Coburn

The American Lawyer

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

 
VIEW ALL OF "GLOBAL 100 2011"
 
 
 
 
 

lawjobs.com View More »

null

Allen & Overy Abolishes Mandatory Retirement Age as Top U.K. Law Firms Review Policies

Legal Week

Allen & Overy is abolishing its mandatory partner retirement age of 60 as major London law firms move away from compulsory retirement dates for U.K. partners. SJ Berwin, Nabarro and Holman Fenwick are also reviewing their policies in the wake of legislative changes phasing out default retirement ages for U.K. employees.

TOP JOBS
  • search jobs | post job | news & views | the careerist


  • About ALM  |  About Law.com  |  Customer Support  |  Reprints  |  Privacy Policy  |  Terms & Conditions
    Close [ X ]