Latham & Watkins Profits Plummet 21%
Profits for Los Angeles-based Latham & Watkins fell 21% in 2008, one of the biggest falls so far reported by…
Legal News
Law Firm “Partner” Not Really a Lawyer?
Mauricio R. Celis, the majority partner in former Corpus Christi, Texas, law firm CGT Law Group, goes to trial in…
Thelen Won’t Pay Laid-Off Workers
Defunct law firm Thelen LLP is telling courts it couldn't possibly pay its employees accrued vacation, or give 60 days'…
SEC Still Hunting to Fill Legal Positions
US Securities and Exchange Chairman Mary Schapiro has named David Becker, a partner at Cleary Gottlieb Steen & Hamilton, as…
Crowell & Moring Reports Double-Digit 2008 Revenue
Apparently at least one law firm is growing as it rakes in the dough despite the recession. From The Blog…
Greenberg Traurig Austin Adds Securities Team
Miami's Greenberg Traurig has announced the addition of top securities litigation attorneys Paul R. Bessette, Michael J. Biles and Jesse…
Law Firm Layoffs Spark Lawsuits
The ABA Journal notes that an unprecedented wave of law firm layoffs is leading to a second wave of ex-employee…
Sonnenschein Posts Higher Revenue
Chicago's Sonnenschein reports gross revenue was $492 million for 2008, up nearly 3%. Revenue per lawyer also increased about 3%,…
ATL: IP Partners Ankle Latham & Watkins
Tipsters are telling Above the Law that two intellectual property partners at Latham & Watkins are leaving, and setting up…
Gibson Dunn Revenues Up, No Layoffs Planned
Am Law 100 firm Gibson, Dunn & Crutcher reports that gross revenue rose 5.4% to $957 million in 2008. Gibson…
Law Firms Save $250,000 for Each Lawyer Laid Off
How much do law firms save by laying off lawyers and staff? The National Law Journal asked around the find…
Winston & Strawn Revenues Up, Profits Flat
Chicago-based Winston & Strawn saw revenues grow 6.7% to $744 million last year. Profits dipped slightly to $1.27 million, while…