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You searched for: penn law

Penn State General Counsel Steps Down

The general counsel for Penn State, Cynthia Baldwin, has announced that she is leaving the university after two years working…

UVA School of Law Receiving Plenty of Headlines

Dean Paul Mahoney, of the University of Virginia School of Law, wrote a fundraising letter for the school’s $150 million…

ABA Panel Says No to an Outside Law Firm Ownership

An American Bar Association commission is considering recommending that the nonlawyers be allowed to take an equity stake in law…

Second Lawsuit Filed Against Lower Merion School District

Another lawsuit has been filed against the Lower Merion School District in Pennsylvania by a student. This time, the plaintiff…

Legal and PR Bills for Penn State to Cost Millions

As news broke across the country about the sex abuse scandal at Penn State University, the school hired its first…

First Civil Lawsuit Filed Against Sandusky; Victim Not Among Those Listed in Grand Jury Report

According to the November 30th chicagotribune.com article, “First civil lawsuit filed against Sandusky”, the first civil lawsuit against former Penn…

Lawyer Helps Nevada with Casino Licensing

Frank Schreck is a 27-year-old lawyer. When Schreck found out that his mentor, Mike O’Callaghan, was up for election as…

Law Firm Has Elected Four Members

The McDonald Hopkins law firm has announced that they have elected four members to work for their firm. These four…

Law Firm Mergers at an All Time High

In just eight short months, law firm mergers have increased by 79 percent which means that law firm mergers are at an all time high. It is believed that the downward spiral of the economy may be the partial reason as to why the mergers have increased so drastically. The United States is currently dealing with one of the most devastating recessions of all time. In fact, most people and companies compare the current recession to The Great Depression which began in 1929. While law firms have merged together for years as a strategic move, many law firms are now merging with other law firms to works as one company instead of several individual companies as a means of survival during such a rough economy. A merger is typically designed to combine one or more companies together. When the two companies come together to merge, they must make a mutual agreement about the merge with one another. Because the economy has not improved over a period of time, many of the law firms in the United States have felt that it would be beneficial to merge together with other separate law firms as one. The principal of Altman Weil, Ward Bower, has said, "During the recession and in the immediate aftermath of the recession, firms were in what I'm going to call a 'survival mode,' not a strategy mode.” Some law firms use a merge as a means of strategy but because of the recession, it is likely that most firms are using it as a means of survival. He also said, "Now that the economy has grown, they're dusting off their strategies." Since there has not been much change to the economy from 2010 to 2011, law firms are still doing what they can to continue to thrive and be successful. In Pennsylvania alone, six mergers have taken place from the months of January to September.…

Lawyer to Help Fight State Takeover in Harrisburg

Mark Schwartz is the newest lawyer to be hired to help handle the Harrisburg debt disaster. If this disaster is…

Law Firm Merger Numbers Rise in U.S.

The United States economy is still struggling to recover from the recession that hit nearly three years ago in 2008.…

7 States Join DOJ Lawsuit Against AT&T – T-Mobile Merger

Seven states, including California, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Washington, on Friday joined an antitrust lawsuit initiated by…