Counsel News and Events for Attorneys and Executives

Law Firm Management

Considerations When Reducing Executive Salaries

News
In the wake of the market disruption caused by the COVID-19 outbreak, a number of employers have announced temporary salary reductions as a means of conserving cash, and thus demonstrating sound stewardship.

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Judge Rakoff Ends Litigation Fantasy

News
Olson was a putative class action brought by individuals who participated in DraftKings fantasy baseball competitions.

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Practice Areas Most Impacted By COVID-19

News
If attorneys have a good sense of the practice areas that are expanding and contracting in the current environment, they can best weather the storm of COVID-19.

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Baker Donelson Temporarily Cuts Pay, Furloughs Some Employees Because of COVID-19

News
Baker Donelson is imposing temporary pay cuts, reducing partner draws, and furloughing some employees because of the financial impact of the COVID-19 epidemic.

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Top Lawyers’ Pay Cut as Coronavirus Brings C-Suite Austerity

News
Top in-house lawyers are getting their compensation cut along with other executive officers as the new coronavirus causes widespread economic distress.

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Keep Learning While Your Case Is in Limbo: Seven Ways to Use the Pause

News
One after another, like dominos, court systems are shutting down or moving to drastic restrictions. In the process, court dates are being pulled and cases are moving into limbo.

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The Biglaw Firm Cracking An Impressive $4 Billion In Revenue

News
In 2019, Kirkland saw their revenue rise by an impressive 10.6 percent, bringing them to a crazy $4.154 billion in revenue. And profits per equity partner were also up — 3.13 percent to $5.195 million.

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Am Law 50 Firm Demands Massive Tax Breaks, Sues Government For Not Handing Them Over

News
The Am Law 50 firm moved its headquarters to Philadelphia’s Cira Centre in 2005, taking advantage of a tax break program that Pennsylvania offers businesses to move into developments in formerly run-down areas.

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Inside The Twin Cities’ Big Law Firm Mergers

News
As of early 2020, Briggs was among three of the 10 largest law offices in downtown Minneapolis that executed mergers. Gray Plant Mooty, the oldest continuous law firm in Minneapolis, dating back to 1866, combined with a firm whose biggest market is Kansas City. The new firm is called Lathrop GPM.

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Vacancies Prompt County to Hire Private Law Firm to Assist With Cases

News
Cascade County has hired a private law firm to assist the Cascade County Attorney’s Office, which is experiencing a significant number of attorney vacancies with two major civil cases pending.

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Quinn Emanuel Shuts Down New York Office After Partner Tests Positive For Coronavirus

News
A partner at Quinn Emanuel Urquhart & Sullivan in New York has tested positive for the coronavirus, prompting the firm to close the office as a precaution this week.

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How Showcasing Softer Content and Your Firm’s Culture Can Enhance Your Social Media Efforts

Insight
Using social media to support your firm’s and lawyers’ business development efforts should be at forefront of everything you do on LinkedIn, Twitter, Facebook, etc.

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Threat From Within: Inside Counsel’s Role In Defending Against Data Breaches

News
The biggest threat in terms of disclosure of sensitive information comes from so-called “insider threats,” in the form of employees who disclose protected information or provide a means of access to that information to third parties, either unwittingly or otherwise.

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Inside Counsel Beware: Your Job Description Now Includes Antitrust Compliance

News
Attorneys General in several states have stepped up their challenges to no-poach agreements, particularly in franchise settings.

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Coronavirus Fears Prompt Biglaw Firms To Limit Travel, Reschedule Retreats To Protect Partners

News
Biglaw firms across the country are taking the news seriously, echoing the actions of their colleagues abroad and imposing travel restrictions and canceling events.

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Judge Tosses Law Firm’s Suit Alleging Rival’s Ads Inflated Recoveries

News
A Kansas law firm that claimed that a competitor was inflating client recoveries in its advertising won’t be able to pursue its lawsuit.

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Jones Day Hires Five Supreme Court Clerks in Latest Coup

News
Jones Day has hired five Supreme Court clerks from the October 2018 term, continuing its recent tradition of recruiting top talent from the nation’s highest court.

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More Biglaw Firms Encourage Associates and Staff To Use Gender Pronouns In Email Signatures

News
Biglaw firms across the globe continue to promote diversity and inclusion among their ranks by instituting transgender-friendly workplace policies. To that end, many firms have decided to embrace the full gender spectrum by encouraging any and all employees.

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EY Lays Off Some U.S. Lawyers Who Came through Pangea3 Acquisition

News
While precise details remain uncertain, reports indicate that EY has let go some 20-30 lawyers who work for it in the Minneapolis-St. Paul area of Minnesota and the Dallas-Fort Worth area of Texas.

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Coinbase Goes on Legal Hiring Binge as Circle Attorneys Depart

News
Coinbase Inc., a San Francisco-based digital currency exchange specializing in bitcoin transactions, has gone on an in-house hiring spree.

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