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February 11, 2010 |

Kasowitz Sues Duane Reade for $7 Million 'Success Fee'

Kasowitz, Benson, Torres & Friedman has sued longtime client Duane Reade for a $7 million "success fee" it claims it is owed as part of an alternative fee arrangement. The law firm represented the drugstore chain in a contract dispute that the company settled for an estimated $39.5 million without Kasowitz's knowledge. Kasowitz claims the settlement included terms the firm negotiated during the course of the litigation. The suit comes as clients are increasingly pushing law firms to enter into non-hourly fee arrangements.
5 minute read
July 31, 2008 |

Associates Survey 2008

Smaller firms often outscore larger ones on our annual survey of midlevel job satisfaction. It may be because a more intimate atmosphere breeds happiness. Maybe it's because associates have more responsibility. Perhaps it's because they have a better chance of making partner. In these charts, firms are grouped roughly according to size. In the first category are firms whose annual gross revenues are too low to qualify for the Am Law 200. These are the smallest firms that took part in our survey. In the second category are Am Law Second Hundred firms?numbers 101-200 on the most recent Am Law 200 survey (July.) In the final category are firms that appear on our most recent Am Law 100 (May) or Global 100 (October 2007) survey. For a full methodology, click here.
16 minute read
November 19, 2007 |

National Rankings

18 minute read
March 20, 2009 |

The Personal Touch

Corporate America likes its big law firms. But small firms have a place at the table, too.
7 minute read
July 31, 2008 |

Associates Survey 2008 City

49 minute read
May 01, 2009 |

Newsbriefs

8 minute read
February 12, 2010 |

Manhattan Firm Sues Client for $7 Million 'Success Fee'

Kasowitz Benson Torres & Friedman has sued its longtime client Duane Reade Inc. for a $7 million "success fee" it claims it is owed as part of an alternative fee arrangement.
5 minute read
July 31, 2008 |

Associates Survey 2008

To find out how Midlevel associates rate their firms as workplaces, our annual midlevel survey examined 12 areas that contribute to job satisfaction. They include relations with partners and other associates, the interest and satisfaction level asso-ciates have in their work, training and guidance, policy on billables, management openness about firm strategies and partnership chances, the firm?s attitude toward pro bono work, compensation and benefits, and the respondents? inclination to stay at their firm for at least two more years. Respondents graded their firms on a scale of 1 to 5, with 5 being the highest score. On this chart, firms with ten or more responses are ranked by their averages on those questions. Averages include responses from all participating of-fices. For definitions of national and international firms, and for other details, see our methodology
20 minute read
January 19, 2009 |

Power up

Profile of power management company Eaton Corp. general counsel Mark M. McGuire.
5 minute read

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