In a statement issued to The ABA Journal, Darby & Darby, an intellectual property boutique in operation for over a hundred years, stated it will close its doors. “It is with a heavy heart that we announce that after more than 100 years in continuous operation, Darby & Darby will begin the process of winding down [...]
Continue reading...Friday, March 12, 2010
Good morning everyone! Today is Friday, March 12, and here’s a quick look back at yesterday’s news… The Asian Pacific American Legal Center files a lawsuit against Trinity Law Associates for allegedly defrauding 30 Korean immigrants… King & Spaulding reveals a new pay scale and bonuses… Former U.S. Senators Lott and Breaux are in talks with Patton Boggs… Snell [...]
Continue reading...Monday, March 8, 2010
Good morning everyone! Today is Monday, March 8, and here’s a quick look back at Friday’s news… The Rosen Law Firm files a class action suit against Electronic Game Card,Inc…. Rumors of Chief Justice John Robert’s retirement originates in a law school classroom… Job losses in the legal sector continue to decline… Industrial hog producers Premium Standard Farms are [...]
Continue reading...Wednesday, March 3, 2010
The Association of Corporate Counsel’s 10th annual Chief Legal Officer Survey finds that more chief legal officers plan on hiring this year. Don’t take this to mean that economic pressures and budget issues have receded. The additional hiring indicates that the poor economy is forcing chief legal officers to bring more work in-house and spend [...]
Continue reading...Friday, February 26, 2010
DLA Piper reports that gross revenue declined by almost 14% in 2009 to just over a billion dollars. Revenue per lawyer and profits per partner decreased only 5%, due to reductions in the firm’s head count. The headcount fell by 89 associates (11.6%), 24 equity partners (10.1%), and 16 non-equity partners (4.3%), for a total [...]
Continue reading...Tuesday, February 16, 2010
Readers of our page have seen numerous posts on the effect the recession has had on the court system around the country. Cutbacks, furlough days, layoffs, and other cost cutting mechanisms have hit courthouses, DA’s offices and public defenders, impacting both the speed and the quality of the justice being served. But an article in yesterday’s [...]
Continue reading...Friday, February 5, 2010
This week the Bureau of Labor Statistics released the latest employment report. The legal sector lost 1,100 jobs in January, a slight decrease from previous months. 2,100 jobs were lost in December, 2,900 jobs were lost in November and 5,800 jobs were lost in October. Between January 2009 and January 2010 the legal services industry [...]
Continue reading...Wednesday, January 27, 2010
Tonight may well be the most important speech of President Obama’s political life. His signature issue, health care reform, is on the ropes. His unfavorable ratings are rising and the Democrats have suffered some embarrassing losses in special elections, capped with the loss of the Senate seat held for a generation by Edward [...]
Continue reading...Monday, October 5, 2009
We don’t know yet how much, but DLA Piper has informed its associates that there will be bonuses this year. The total bonus will be between 5 and 50 thousand, to be determined by DLA Piper in January. This, combined with a healthy 86% offer rate for this years summer associates, indicates some [...]
Continue reading...Monday, October 5, 2009
Unless you live in a cave, by now you’ve probably heard that the latest numbers from the US Bureau of Labor Statistics show that we lost another 263,000 jobs in September, nationwide. 2,000 of those jobs came from the legal sector, when the numbers are seasonally adjusted. Without seasonal adjustments the legal sector [...]
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Friday, March 12, 2010
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