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November 21, 2007 |

The Firm Reports

73 minute read
May 22, 2013 |

Tax Status of S Corporation Not Property, Panel Says

In a case of first impression, the U.S. Court of Appeals for the Third Circuit has ruled that a company's status as a qualified subchapter S subsidiary, or QSub, is not property and, therefore, cannot be included as part of the company's bankruptcy estate. The appellate court's decision reversed the Delaware bankruptcy court's ruling that allowed the owner of an Indiana casino to include its status as a QSub as part of the bankruptcy estate.
5 minute read
September 26, 2000 |

Minds on Their Money

The picture for associate salaries nationwide is far different from what it was a decade -- or even a year -- ago, according to findings in The National Law Journal's latest "What Lawyers Earn" survey. Nearly all lawyers are seeing more money. Startling, though, judges remain among the more poorly paid lawyers in the country. And the gap may widen if big firm salaries rise again.
5 minute read
February 23, 2007 |

Law School to Simulate Big-Firm Environment

Starting next year, the University of Detroit Mercy School of Law will call on all third-year students to participate in its new Law Firm Program, a series of courses that simulates big-firm lawyering. "It's a blend of academics and practice," says Baker & McKenzie partner Craig Roeder, who served on the advisory board to revise the school's curriculum. The courses are a response to criticism from the legal profession directed at law schools generally that graduates are not ready to practice law.
3 minute read
April 02, 2012 |

MOVERS

Michael Kline joins Woodcock Washburn as partner in the Atlanta office. Plus more law firm movers in this week's column.
3 minute read
March 22, 2007 |

Go-Shop Provision Emerges as Alternative to Auctions

In a first for the public utilities industry, Troutman Sanders client Semco Energy is using a go-shop provision as part of a multimillion-dollar deal. The provision is an innovative technique that's emerging as an alternative to auctions. While a go-shop provision mainly benefits the company being bought, it also helps a buyer with an extra level of due diligence that could fend off litigation by shareholders who might otherwise challenge a deal, according to Troutman partner Terry C. Bridges.
4 minute read
June 10, 2013 |

Complaint: Judge Edith Jones' Speech Showed "Racial Bias"

A collection of civil rights groups, legal ethics experts and law school professors have lodged a formal complaint against 5th U.S. Circuit Court of Appeals Judge Edith Jones. They allege she made a series of statements during a speech that demonstrated "racial bias" and indicated a "lack of impartiality." Mandy Price (pictured) is president of the J.L. Turner Legal Association, which is among the complainants.
6 minute read
December 13, 2004 |

Billing Rates Climb in 2004

Law firms showed healthy increases in billing rates this year, with the vast majority of those surveyed boosting both associate and partner fees.
6 minute read
November 15, 2004 |

Branch offices

The NLJ 250: Branch offices.
31 minute read
August 19, 2009 |

Drastic times call for drastic court measures

State court officials across the country, saddled with unprecedented budget cuts that are expected to worsen next year, are considering drastic measures to save money, such as permanently closing courthouses, shaving staff positions, realigning judicial districts, rewriting criminal laws and overhauling the structure of their courts.
7 minute read

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