SNR DENTON MERGER
Partners at 1,140-lawyer SNR Denton will vote on a three-way merger with European firm Salans and Canadian firm Fraser Milner Casgrain. “This is the first major merger between firms with a substantial presence in the U.S. and Canada,” SNR Denton global chairman Joseph Andrew said.
BIG FIRMS LAG
Figures for the first nine months of 2012 indicate that the legal industry will likely fall short of 2011′s single-digit profit growth, according to Citi Private Bank’s Law Firm Group. Not only did third-quarter revenue and demand growth slow from the first half of the year, demand declined compared to the third quarter of 2011.
Managing partners at midsize law firms across the country report guarded optimism about business during the year to come. In a survey by The National Law Journal, half of the leaders at the 26 firms surveyed expected litigation to provide the most revenue growth, followed by corporate work.
WEST SUES FOR RECOUNT
U.S. Rep. Allen West, the Tea Party conservative congressman from Palm Beach County, Fla., took the apparent loss of his seat into court, asking for an injunction to pave the way for a recount. Democratic political novice Patrick Murphy got 2,456 more votes than West.
PRICE GOUGING REPORTED
More than 500 possible cases of price gouging of gasoline and other essentials, including a $10 box of matches and a $7 loaf of bread, have been reported in New York before and after Hurricane Sandy, according to authorities including state Attorney General Eric Schneiderman. New Jersey officials said they were investigating a similar number of reports.
ENERGY CENTER AT LSU
The Louisiana State University Paul M. Herbert Law Center has launched an energy law initiative with the assistance of a deep-pocketed alumnus. John Laborde, former head of offshore service vessel company Tidewater Marine Inc., donated $2 million to establish an endowed chair and the new LSU John P. Laborde Energy Law Center.
HIGH COURT JUDGE DIES
Judge Theodore Jones Jr. of the New York Court of Appeals has died of an apparent heart attack after falling ill at his home north of New York City, according to Chief Judge Jonathan Lippman. Jones, 68, had served on the state’s court of last resort for nearly six years and was recognized as a member of its liberal wing. He chaired its diversity committee.