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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.After months of cutting quiet deals with banks in the high-stakes Manhattan state court litigation challenging its 2009 restructuring, MBIA Inc. reached a major settlement with Morgan Stanley on Tuesday. But for some of MBIA's Wall Street adversaries, the notion that MBIA had to rely on a loan to fund part of the settlement vindicates their claims that the insurer's restructuring was a fraud.
THE A-LIST 2011 Upheaval in the Ranks
None of the firms on last year's A-List returned to the same spot this year. Whether it was a result of a firm's spike in its associate satisfaction score, or a drop in its revenue per lawyer, the 2011 A-List was all about volatility.Cite as: Matter of OxyContin II, 700000/07, NYLJ 1202472518491, at *1 (App. Div. 2nd, Decided September 21, 2010)Before: Prudenti, P.J., Fisher, Roman, Sgroi, J
Cisco has gotten a reprieve on a verdict in a trial that came about because one of its lawyers made allegedly anti-Semitic remarks in an earlier trial. On Tuesday, the Federal Circuit panel vacated the verdict, which came in an infringement suit brought by a small patent holding company named Commil.
N.J. Dealmaking Skyrockets in '04 But Local Firms Stay Grounded
The value of New Jersey mergers and acquisitions in 2004 more than doubled over the year before, courtesy of some high-ticket transactions, but little of the work trickled down to local lawyers.10 Survival Tips For First-Year Associates
Fresh out of school, armed with a law degree and a passing grade on the bar exam, first year associates don't have a clue when it comes to practicing law. These 10 survival tips come straight from the source: junior partners and senior associates, all of whom started their practice in top-notch law firms.Associates React to Jones Day and Weil Gotshal Salary Raises
Jones Day and Weil, Gotshal & Manges have joined the list of law firms paying California first-year associates $160,000 rather than the $145,000 embraced by most homegrown firms. And now California's associate messageboards are crammed with anonymous young lawyers carping about their firms' failure to match the higher New York scale. But many associates accept the idea that New York and California are distinct markets -- and some would like to keep it that way.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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