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Buchanan Ingersoll's Revenue Falls 3 Percent, RPL Up 5 Percent
Buchanan Ingersoll & Rooney's dip in revenue in 2009 was due to cost pressures from clients and a lower headcount, but efficiencies gained last year helped bolster other financial metrics, the firm's new CEO said.Dewey Asks Clients to Consider Diversity in the Partner Ranks
For years clients have pressured outside counsel to improve diversity at their law firms. Now some firms are initiating the diversity discussion themselves.Four Am Law 100 Firms Take Lead on $1 Billion Sale of Cleveland Browns
Covington & Burling, Proskauer Rose, Squire Sanders, and Wachtell, Lipton, Rosen & Katz are advising on the $1 billion sale of the National Football League's Cleveland Browns from Randy Lerner to truck stop magnate Jimmy Haslam III. The deal represents the latest sale of a major U.S. professional sports team in recent months.Stadium Deal Did Not Violate City Charter
A unanimous Commonwealth Court has ruled that the city of Philadelphia did not violate the Pennsylvania Constitution or the Home Rule Charter when establishing leases and ordinances to permit the building of the new Eagles and Phillies stadiums.Buchanan Ingersoll and Rooney Born Will Be Pennsylvania's Largest Firm
Buchanan Ingersoll and Klett Rooney Lieber & Schorling have become one after a shareholder vote at both firms yesterday morning gave the merger the go-ahead.Pepper Hamilton Starts New Sports Advisory Business
After eight years as executive partner of Philadelphia-based Pepper Hamilton, Jim Murray is going to be a "playmaker." The firm has announced the formation of PlayMaker Sports Advisors, a wholly owned subsidiary that aims to offer a wide array of services to professional sports franchises and those who wish to be part of their ownership.Buchanan, Klett Rooney To Merge Into Megafirm
Buchanan Ingersoll and Klett Rooney Lieber & Schorling voted last Tuesday to give the go-ahead to a merger that would create a 525-lawyer national firm. Firm leaders anticipate that Buchanan Ingersoll & Rooney of Philadelphia will be in the top 80 of national firms with estimated gross revenue of $265 million.Pa. High Court Justices Consider Broad Reading of Bad Faith Statute, UTPCPL
Pennsylvania's Unfair Trade Practices and Consumer Protection Law is meant to be read broadly, and an insurance policy purchaser should not necessarily need to prove justifiable reliance on the alleged misrepresentations of her agent, plaintiffs attorney Kenneth Behrend argued Tuesday before the state Supreme Court. Behrend said he told the justices that a one-size-fits-all ruling as to justifiable reliance does not comport with the Legislature's intent in passing the law.Trending Stories
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