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Law Firm News
Pay Cuts at Firms Gaining Momentum
The Legal Intelligencer
Wednesday, July 1, 2009
Schnader Harrison Segal & Lewis last week held what is becoming a common meeting at large law firms, to inform its associates, partners and staff that their salaries would be cut. Schnader Harrison became the sixth Pennsylvania firm in recent weeks to announce pay cuts in some form.
Firms, GCs Starting to Talk the Talk
The Legal Intelligencer
Monday, June 29, 2009
When Flaster Greenberg managing shareholder Peter Spirgel brought in general counsel from six clients this month to talk to the attorneys about what the firm was doing right and where it was missing the mark, he didn't know what he was going get. Or how the lawyers would react.
Buchanan Ingersoll Cuts Associate Pay
The Legal Intelligencer
Friday, June 26, 2009
Buchanan Ingersoll & Rooney has made a few adjustments in the past few weeks in response to the recession, including cutting associate compensation.
If You Can't Beat Them, Leave Them: Veering Off Firm Career Path the Way to Go for Some
The Legal Intelligencer
Tuesday, June 23, 2009
When Raymond Bayley, CEO of legal services firm Novus Law, was describing the state of the legal profession to a group of Georgetown University law students recently, he spoke of non-lawyer ownership of law firms coming to Britain, an opinion by the American Bar Association allowing non-lawyers to handle certain legal work, changes to compensation models, the ACC Value Challenge, a dissatisfied client base and a disaggregation of legal services.
After the Last Shoe Drops: How Will Law Firms Adapt to Change in the Legal Industry?
The Legal Intelligencer
Monday, June 22, 2009
There's not a crystal ball in town that isn't predicting dramatic shifts in the legal industry. But there is no one-size-fits-all model for adapting to those changes. At least that's the hope.
Investigation Into Slaying of Bucks Lawyer Continues
The Legal Intelligencer
Monday, June 22, 2009
He hasn't been eating or sleeping well. He spends his days handling the caseload of two attorneys and stays up nights combing the Internet for clues. His doctor has advised him to "cut the sleuthing" for his health's sake.
Portion of Ballard Spahr's South Jersey Office Is Departing
The Legal Intelligencer
Friday, June 19, 2009
Some significant restructuring is in the works for Ballard Spahr Andrews & Ingersoll's Voorhees, N.J., office.
Accepting the Alternatives: Saul Ewing Tailors Alternative Fee Arrangements for Specific Matters
The Legal Intelligencer
Thursday, June 18, 2009
Moving beyond all the talk of alternative fee arrangements, Saul Ewing has put its fixed-fee programs in writing — on its Web site at least.
Lawyers Reach Out to Aid Colleagues in Need
The Legal Intelligencer
Tuesday, June 16, 2009
It's a bleak time for many attorneys, as business in some practice areas remains sluggish and firms continue to cut staff. For most attorneys, it was never supposed to be like this. With its prestige and relatively high salaries, the legal profession was supposed to spare attorneys the indignities inflicted upon other industries during down economic times.
How They'll Hire and Whom They'll Serve
The Legal Intelligencer
Monday, June 15, 2009
As firms climb out of the morass that is today's economy, the type of work they do will largely remain unchanged, but the people doing the work and the clients they serve could be quite different.
Jury's Out on Recession's Effect on Plaintiffs Practice
The Legal Intelligencer
Friday, June 12, 2009
Ever since the economy's rapid descent became big news last fall, the plaintiffs practice has often been described as being "recession-proof," with the need for litigation appearing to be one of the few constants in the practice of law.
Judge: Most Claims Against Rawle & Henderson Time-Barred
The Legal Intelligencer
Friday, April 24, 2009
Rawle & Henderson may have lost its fight to get a professional negligence suit against the firm thrown out at the preliminary objection stage, but it has succeeded in carving out some of the claims through judgment on the pleadings.
Reed Smith Leadership Challenge Fades; Jordan Focuses on Economy
The Legal Intelligencer
Wednesday, June 10, 2009
What at first looked to be a brewing internal battle for leadership of Reed Smith seems to have been quickly nipped in the bud.
Phila. Attorneys Help Put Chrysler Deal on Hold
The Legal Intelligencer
Tuesday, June 9, 2009
Schnader Harrison Segal & Lewis bankruptcy attorney Barry E. Bressler was having a good afternoon Monday.
GCs Want Firms to Change With Times
The Legal Intelligencer
Monday, June 8, 2009
Law departments certainly aren't immune to the systemic changes the economy has forced upon their law firm counterparts, but when outside counsel fees are a department's biggest cost, general counsel are expecting the biggest changes to come from the firms that serve them.
Trujillo Rodriguez Opens Government Relations Subsidiary
The Legal Intelligencer
Friday, June 5, 2009
The five-lawyer litigation boutique of Trujillo Rodriguez & Richards has always had a hand in government relations, but the firm will really dig in on June 15 when it opens OnPoint Public & Private Solutions.
Chartwell Law Offices Sets Up Shop in Wilmington
The Legal Intelligencer
Thursday, June 4, 2009
The Chartwell Law Offices has set up shop in Wilmington, Del., hiring two lawyers from the First State's second-largest law firm.
Closed-Compensation Models Afford Flexibility in Lateral Hiring
The Legal Intelligencer
Thursday, June 4, 2009
Law firms have certainly upped the ante when it comes to standardsfor lateral hiring, and that has accentuated the differences between two types of firms when it comes to getting partner buy-in for picking up new recruits.
Lehigh Valley and Central N.J. Firms Merge
The Legal Intelligencer
Wednesday, June 3, 2009
The merger of Allentown, Pa.-based Tallman Hudders & Sorrentino with nearby Bridgewater, N.J.-based Norris McLaughlin & Marcus, completed on Monday, created a regional firm with reach from New York City to central New Jersey and the Lehigh Valley and combined revenue of about $65 million, firm leaders said.
Saul Ewing Takes Seven From Buchanan Ingersoll in Del.
The Legal Intelligencer
Tuesday, June 2, 2009
Saul Ewing expanded the size of its 12-lawyer Wilmington, Del., office by more than 50 percent this week with the addition of seven attorneys, including three partners, from Buchanan Ingersoll & Rooney's office there.
