Counsel News and Events for Attorneys and Executives

Tag: LawFirmManagement

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

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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

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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

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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

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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

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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

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

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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

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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

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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

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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

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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

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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

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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

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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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Lawsuit Alleges Biglaw Firm Failed To Monitor Partner With Substance Abuse Problem

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The allegations against Stevenson include ones that he provided legal advice under the influence of alcohol and cocaine and that Venning was not warned the legal work they got from Stevenson may be under the influence.

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Biglaw Firm Pivots Direction And Loses Partners In The Process

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Irell & Manella “announced to all attorneys that the firm was pursuing an ‘alternative business model.’

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5 Emerging Challenges for Law Firm Leaders in 2020

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Five important emerging trends or steps for law firm leaders to consider in 2020, each of which will have significant short and long-term implications for firms.

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Former Biglaw Partner is Suspended After Writing Himself Checks from Firm, Claiming Gambling Addiction

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A former partner at Wilson Elser Moskowitz Edelman & Dicker has been suspended after an ethics panel concluded that he wrote himself checks from the law firm’s operating account and then lied about a gambling addiction.

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Sedgwick Declares Bankruptcy in Filing that Traces the Law Firm’s Downfall

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Sedgwick, the dissolved law firm, filed for bankruptcy Tuesday in federal bankruptcy court in San Francisco.

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Former Biglaw Lawyer Files Suit Claiming Firm Fired Him Because of Nerve-Compression Disability

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Cornell Crosby, an intellectual property lawyer, filed the disability discrimination suit in state court in Los Angeles. He is seeking $300,000 in economic damages, along with damages for emotional distress.

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