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Associate Hourly Billing Rates Surge Past $1K as Firms Snap Up Bankruptcy Work
Rates for top associates at firms such as Weil, Gotshal & Manges and Kirkland & Ellis are rising just as a new wave of Chapter 11s gathers steam. A filing shows J.Crew paid its lawyers at Weil close to $12 million in the 90 days before the company filed for bankruptcy this month.Consolidation and Severance of Medical Malpractice Claims
It is only where the proponent of separate trials has established that a substantial right of a party is prejudiced by a consolidated trial that separate trials are obtainable. To help assess the manner in which the trial court is likely to respond to a motion for either severance or consolidation, John L.A. Lyddane examines several themes in the decisions in this edition of his Medical Malpractice column.Saying Goodbye to the Firms That Closed in 2019
From an Am Law 200 firm's bankruptcy to a spate of small and midsize firm breakups, 2019 saw several law firm closures.When a Managing Partner Exits a Firm, Does It Signal New Career Goals or Firm Troubles?
Milbank's hiring of Irell & Manella's managing partner is the latest example of a top leader departing. While leaders often say they leave for new career options, sometimes the exits coincide with internal firm turmoil.When a Managing Partner Exits a Firm, Should You Be Alarmed?
Milbank's hiring of Irell & Manella's former managing partner earlier this month is the latest example of a firm leader decamping for a rival. Other examples in recent years include leaders at Fried, Frank, Harris, Shriver & Jacobson; LeClairRyan; Crowell & Moring; and Montgomery McCracken Walker & Rhoads exiting for other law firms.How LeClairRyan's Grand Plans Unraveled
LeClairRyan's collapse was years in the making. Sources say the firm overpaid some lawyers, created guaranteed contracts, let overhead expenses grow and made other questionable strategic decisions.How the Grand Expansion Plans of Am Law 200 Firm LeClairRyan Unraveled
The recent collapse of LeClairRyan, which had offices in Los Angeles, San Francisco, and Sacramento, was years in the making.How Grand Plans by an Am Law 200 Firm Unraveled
LeClairRyan's collapse was years in the making. Sources say the firm overpaid some lawyers, created guaranteed contracts, let overhead expenses grow and made other questionable strategic decisions.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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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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