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Law Firm Management

Top-Ranked Biglaw Firm Cuts 132 Jobs As Pandemic Rages On

Newshe majority of Biglaw firms have rolled back their COVID-19 austerity measures the world over, but the coronavirus-related changes are far from over.

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The Future of Legal Operations: Agile, Value-Centric, and Tech-Enabled

NewsTo respond to the ever-shifting environment and clients’ ever-changing needs, law departments must be agile and responsive, continually flexing to meet emerging areas of need.

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ABA Issues New Guidance for how Lawyers Should Respond to Online Criticism, Negative Reviews

NewsThe American Bar Association Standing Committee on Ethics and Professional Responsibility released today a formal opinion addressing the ethical obligations for lawyers to consider when they contemplate responding to online criticism and posted negative reviews.

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Law Firms May be at ‘Tipping Point’ for Change Because of COVID-19 Pandemic

NewsLaw firms learned lessons during the COVID-19 pandemic that could translate to permanent changes in the way that they manage their operations, deliver legal services and treat their employees, according to a report released Tuesday.

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David Boies’ Law Firm Hits Recruiting Snag with New Lawyers

NewsBoies Schiller’s recruiting troubles occur as the firm is trying to turn the corner with new leadership after last year experiencing nearly 60 partner departures, including prominent lawyers who represent companies including Facebook Inc., Uber Technologies Inc., Apple Inc., and Barclays PLC.

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North Texas Lawyer Who Participated in Capitol Riot Fired from his Job

NewsA North Texas lawyer has been fired by his employer after he was seen on video outside the Capitol building.

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Biglaw Merger Mania Sweeping the Midwest

NewsDinsmore & Shohl announced a merger with Wooden McLaughlin that became official on January 1. Just last month, megafirm Dentons announced a combination with Iowa law firm Davis Brown.

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IRS Fishing Expedition Is Successful and Raises Important Attorney-Client Privilege Concerns

NewsThe attorney-client privilege is one of the bedrocks of the legal profession.

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Biglaw Firm Touts Successful Year, But Doesn’t Thank Associates with Special Bonuses

NewsAt Alston & Bird, the year-end bonuses are individualized and tied to hours, not class year, as at most Biglaw firms.

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Millions in Pandemic Aid Didn’t Stop These Firms from Cutting Jobs or Pay

NewsLaw firms rushed to secure government aid early in the coronavirus pandemic, borrowing nearly $12 billion from the U.S. Small Business Administration’s Paycheck Protection Program as their revenues were threatened by court closures and a freeze in corporate deals.

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Am Law 50 Firm Offers Market-Busting Bonuses on Top of Bonuses on Top of Bonuses

NewsOrrick — a firm that brought in $1,158,537,000 in 2019 gross revenue, placing in at No. 31 in the most recent Am Law 100 rankings — is offering market-busting bonuses to associates this year.

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Disbarred Lawyer Arrested for Defrauding Clients out of $700K

NewsA former lawyer faces multiple charges of theft and fraud after investigators say he stole about $700K from clients over a period of three years.

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5 Trends That Will Shape Legal Practices in 2021

NewsAs law firms position themselves to succeed in 2021 and beyond, understanding and leveraging distinct trends will help firms become more efficient, productive and competitive in the coming year.

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Company Lawyers Dealt with Covid-19’s Effect on Businesses and Wider Communities.

NewsIn a tumultuous year defined by the Covid-19 pandemic and social justice movements, in-house legal teams have been relied on by their businesses to support employees, their organisations and the wider community.

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Biglaw Firm Offers $20,000 Bonus For New Associates Who Don’t Even Work There Yet

NewsBoies Schiller & Flexner announced bank breaking bonuses, but they aren’t done spreading the good news.

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Des Moines’ Davis Brown Law Firm Combining with Dentons

NewsDavis Brown Law Firm, one of Iowa’s largest law firms, is combining with Dentons, which bills itself as the world’s largest firm.

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Biglaw Firm to Hand Out Year-End AND Special Bonuses — If Associates Bill Enough

NewsOn Friday, Kramer Levin announced year-end bonuses that match the prevailing market rate.

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Billion-Dollar Biglaw Firm to Make True-Up Payments for Cut Salary

NewsDespite $1,035,000,000 in gross revenue last year Squire Patton Boggs instituted COVID-19 austerity measures.

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Dickinson Wright Expands to Chicago Via Acquisition

NewsDetroit-based Dickinson Wright is opening a Chicago office in the new year through the acquisition of Stahl Cowen Crowley Addis.

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Geoffrey S. Berman Joins Fried Frank to Lead Fried Frank’s White Collar Practice

NewsFried, Frank, Harris, Shriver & Jacobson LLP announced today that Geoffrey S. Berman, former US Attorney for the Southern District of New York (SDNY), has joined as head of the White Collar Defense, Regulatory Enforcement & Investigations Practice and member of the Firm’s Governance Committee.

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