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As ABA Debates, MDPs Are Spreading
Employment Law Training, the nonlawyer arm of San Francisco-based Littler Mendelson, is rapidly becoming the firm's largest revenue source. The half-owned subsidiary generates $200,000 a month in billings. It's hardly the only success law firms have had with side businesses, despite the supposed ethical restrictions on multidisciplinary practices. A survey by The National Law Journal of the country's largest law firms shows nonfirm businesses thriving.Departures Leave D.C. Firm in Taxing Situation
An exodus of sorts is taking place at Miller & Chevalier, one that has the 100-lawyer Washington, D.C., firm taking a hard look at its future. Known primarily as a tax boutique, the firm has seen roughly 15 partners sprint away in the past 12 months, including a virtual meltdown of its international trade practice. "We still have a center of lawyers that you must have to build a law firm around," says managing partner Marianna Dyson. "But we know we're a David in a field of Goliaths."Turkey's Uzan family still owes Motorola and Nokia billions of dollars from a seven-year-old judgment, but the Uzans are also still after Turkey for billions more in a pending arbitration. Can Motorola and Nokia wind up with a piece of that pie?
Cleary Killing it in Nortel Bankruptcy
Nortel Networks filed for bankruptcy in January 2009. Since then the Toronto-based company has helped its Chapter 11 counsel at Cleary Gottlieb Steen & Hamilton and several other firms earn a fortune in bankruptcy fees.License Revocation Order Pursuant to Rule 1:28-2(c)
Notice to the bar.Trending Stories
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