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March 06, 2006 |

Online Disputes Expose Publishers' Copyright Vulnerability

With only a loose grip on their most valuable intellectual property, book publishers have had little luck fighting for their digital rights in court, losing a string of cases to authors. Now, with authors emboldened by these wins, and Google and others looking into new ways to distribute content, the publishing industry is teetering on the brink of irrelevancy. Will authors succeed in rewriting the publishing industry's longstanding role as literary patron and gatekeeper?
13 minute read
February 23, 2005 |

Group Mentality: Lawyers Are Moving to New Firms En Masse

As the legal market undergoes a tectonic shift, with law firm mergers up 34 percent last year over 2003, one reverberation is an apparent surge in firms picking off clusters of attorneys from rival practices. But this cherry-picking strategy offers its own challenges, relating not only to firms that take in new groups but also to firms left behind. More cherry-picking, says one recruiter, is a result of disquiet in the market, where attorneys' loyalty to their firms is diminishing.
7 minute read
August 04, 2005 |

CNOOC Throws In Towel

Chinese government-controlled oil company CNOOC Ltd. said Tuesday it was withdrawing its $18.5 billion cash offer for Unocal Corp. of Los Angeles. CNOOC cited as "unprecedented political opposition" U.S. lawmakers' attempt to replace or amend a decades-old national security review process so that it would apply to its bid for Unocal. The retreat clears the way for Chevron Corp. to buy Unocal for $17 billion, a deal its shareholders are scheduled to vote on Aug. 10.
3 minute read
November 13, 2006 |

'NLJ 250' Shows Strong Law Firm Growth Continuing

The 250 largest law firms in the U.S. grew by 4 percent in 2006, a figure that was just shy of the prior year's gains, according to The National Law Journal's 29th annual survey. The results indicate a "healthy legal economy" spurred by strong mergers and acquisitions activity and big-ticket litigation, said one law firm consultant. And while law firms used to base their mergers on geography and size for size's sake, they now take a much more strategic approach, said another consultant.
10 minute read
Magazine Defendants Lose Supreme Court Bid to Dodge Antitrust Claims
Publication Date: 2013-01-08
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The U.S. Supreme Court refused on Monday to second-guess an appellate court's decision to revive an antitrust suit against a big swath of the magazine industry, handing a win to bankrupt magazine wholesaler Anderson News and its lawyers at Kasowitz, Benson, Torres & Friedman and Kellogg, Huber, Hansen, Todd, Evans & Figel.

November 23, 2005 |

Is the Magic Circle Becoming the Tragic Circle?

From 1998 through 2001, U.K.-headquartered law firms had astonishingly high growth rates. The last three years have been less kind, and firms are trying to hold on to these gains by the skin of their teeth. The largest and most lucrative mergers and acquisitions deals in Europe are being cherry-picked by U.S. firms, and Europe has seen neither a rise in U.S.-style litigation nor the volume of corporate meltdowns handled by their American counterparts. Partha Bose analyzes who will survive -- and how.
18 minute read
Legal Sector Added 400 Jobs in October, Down 3,000 Over Past 12 Months
Publication Date: 2011-11-04
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June 15, 2009 |

Accolades

4 minute read
October 06, 2009 |

Has the Recession Forever Changed Large Law Firms?

The worst economic downturn since the Great Depression has hit law firms hard. Big firms are hurting, with profit margins squeezed by sagging demand and record-high expenses. The result: the now familiar litany of mass layoffs, salary freezes and cuts, deferred start dates for first-year associates, and canceled or downsized summer programs. The $160,000 question now is, what happens when the economy recovers? Will things go back to how they were? The answer, according to law firm and law school leaders, is no.
12 minute read
Ninth Circuit Revives Enron-Era Antitrust Claims
Publication Date: 2013-04-10
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Rejecting arguments from a virtual who's who of Big Law energy firms, the U.S. Court of Appeals for the Ninth Circuit ruled Wednesday that retail consumers of natural gas can pursue state law antitrust claims stemming from Enron-era price manipulation.

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