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With Dip in Economy, Are Associate Layoffs on the Horizon?
With a dip in the economy and a potential credit crunch, some law firm leaders are predicting layoffs in what have been the most lucrative practice groups over the past four or so years -- structured finance, real estate and corporate mergers and acquisitions. Others say an economic downturn is an opportunity for bankruptcy and litigation practices and corporate attorneys will just adapt. So could the effects of this economic downturn mean future layoffs of law firm associates? Well, it's a touchy topic.
Court Leans Toward Prohibition on Use Of Purloined Documents in Bias Suits
The state Supreme Court appears ready to adopt a rule barring plaintiffs from using records secretly taken from employer files to bolster their discrimination cases.
Chesco Judge of 25 Years Announces Early Retirement
Chester County Common Pleas Judge Thomas G. Gavin announced Tuesday that he will step down from the bench at the start of 2011, three years shy of the mandatory retirement age of 70, citing a desire to spend more time with his family and to pursue other interests.
How IP Litigation Stole the Show in 2012
Publication Date: 2012-12-31 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
The novelty of IP litigation being "hot" wore off long ago, but never did the practice dominate headlines quite as much as in 2012.
Campaign-Related Docs on Pgh. DA Employee Computers
A day after Allegheny County District Attorney Stephen A. Zappala Jr. charged a state senator and her sister with using legislative resources to aid several campaign efforts, his office's right-to-know officer admitted in a behind-the-scenes legal battle that four employees found records on their computers that may suggest similar activity.
Unknown Salaries and Start Dates Don't Impact Law Firm Job Acceptance Rates
With graduation less than five months away, former summer associates in Texas have been accepting full-time offers even though some firm leaders, such as those at Vinson & Elkins, did not tell them their start date or salary. Despite the lack of information, the acceptance rate for V&E's job offers rose significantly over last year's. Perhaps not surprisingly, at a time when some firms didn't have summer programs and others extended no offers, acceptance rates have risen for several other Texas firms as well.
Ready, Set, Delay: Most Large Texas Firms Push Back Start Dates
First-year associates usually begin their full-time careers at Texas' largest firms as fall begins, but that's not the case this year. Most baby lawyers at BigTex firms are starting their careers later than usual. Some firms have delayed the start dates for first-year associates by just a few weeks, while other firms have delayed start dates by several months or even a year. And at least four of Texas' largest firms have not yet decided the starting salaries for their latest crop of first-year associates.
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