Arent Fox has addressed its white collar practice with the addition of four new partners. The move comes less than a week after the loss of three partners in the practice to Arnold & Porter. The new partners are Terree Bowers and Mary Carter Andrues, who will reside in the firm’s Los Angeles office; Peter Unger, [...]
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...Thursday, March 11, 2010
Howrey, which saw a 35 percent drop in profits per equity partner in 2009, is poised to cut between 25 and 30 partners over the next several months, LegalWeek reports. The cuts would equate to between 8% and 10% of the firm’s equity and non-equity partners. Howrey saw its gross revenue drop by 16.3 percent to $480 [...]
Continue reading...Tuesday, February 23, 2010
Good morning everyone! Today is Tuesday, February 23, and here’s a look back at yesterday’s stories… Steve Epstein joined Fried, Frank, Harris, Shriver & Jacobson as a partner… Albert P. Halluin, Senior Counsel at Wilson Sonsini Goodrich & Rosati, passed away in a plane crash last Friday… Kirkland & Ellis reported increases in profits and revenues in 2009… Mayer [...]
Continue reading...Monday, February 22, 2010
It was a rough year financially for Howrey in 2009. The firm’s gross revenue declined to $480 million last year, a decrease of 16.3 percent from $573.2 million in 2008. Profits per partner also took a precipitous drop. PPP came in at $846,053 in 2009 as compared to $1.299 million in ’08, a drop of [...]
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...Friday, February 5, 2010
Growing up in Los Angeles, I was always jealous of kids living on the east coast because in my 12 years of public education I never once got to take a “snow day”. Reading about the blizzard that’s hitting the Washington DC area today, I am no longer regretting my days filled with sunshine. The Washington [...]
Continue reading...Thursday, February 4, 2010
Good morning everyone! Today is Thursday, February 4, and here’s a quick look back at yesterday’s headlines. Woodcock Washburn has a new litigation chair… Adams & Reese is expanding in Florida with an office in Tampa… Sidley Austin has received an award for its work in life sciences law… Thompson Hines promoted 10 law clerks to associates… Foley & [...]
Continue reading...Wednesday, February 3, 2010
Howrey LLP announced internally on February 2 that it was cutting a substantial number of positions in the firm. Some reports believe that 100 will be laid off but this has not been confirmed. CEO Bob Ruyak sent a firm wide email yesterday afternoon stating that there was not enough work available for all [...]
Continue reading...Friday, January 29, 2010
Good morning everyone and TGIF! Today is Friday, January 29. Last night we were saddened to hear of the passing of Robert Joffe, the former presiding partner at Cravath, and extend our condolences to his friends, family and colleagues… Here’s a look back at the other headlines from Thursday… The Supreme Court of Nevada has [...]
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Tuesday, March 16, 2010
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