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In-House Counsel Can Cut Budgets While Firms Increase Profits
"What can I do to win your business?" is a question Jason Mark Anderman frequently hears as an in-house attorney at a Fortune 500 company. He also thought it was the wrong question. To him, it exemplified two problems: 1. He did not know enough about the internal pressures a company faced in selecting outside counsel, and 2. he did not have anything uniquely competitive, compared to other firms, to focus on.Revenues and Profits Up at Top 20, As Out-of-State Firms Make Inroads
New Jersey's large firms obviously went to school during the last recession, which produced lower or flat profitability throughout the first half of the 1990s. The lessons learned -- work smarter for bigger clients and restructure the firm to keep the focus on the bottom line -- continue to pull the top firms through this latest slowdown with flying colors. In 2002, the state's 20 top-grossing firms collectively increased revenues by a record 10.2 percent, a jump in profits per partner of 8.8 percent.Rogers, Lavine Tapped For Appellate Court
Gov. M. Jodi Rell acted promptly Feb. 1 to fill two recent vacancies on the state Appellate Court, nominating Superior Court judges Chase T. Rogers and Douglas S. Lavine.Bank of America announced Monday that it will pay $1.6 billion to the bond insurer MBIA Inc., bringing an end to one of the most vigorously contested disputes to grow out of the mortgage crisis.
Munger, Tolles & Olson will represent Bank of America and co-defendant Merrill Lynch, while Reed Smith will represent the various Countrywide entities named as defendants in the $10.5 billion suit that AIG and its lawyers at Quinn Emanuel filed against the bank last week over soured mortgage-backed securities.
Service industries expanded less than forecast in July
Service industries expanded in July at the slowest pace since February 2010 as orders and employment cooled, a sign the biggest part of the U.S. economy had little momentum entering the second half.Expanding Domains: A Primer on the New gTLDs
Attorneys Robert C. Scheinfeld and Parker H. Bagley look at what confronts a company registering a new generic top-level domain name -- and the ensuing legal rights involved.State AI Legislation Is on the Move in 2024
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2024 ESI Risk Management & Litigation Readiness Report
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Creating a Culture of Compliance
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A Buyer's Guide to Law Firm Software
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