BCG Attorney Search has released the 2012 BCG Attorney Search Guide to America’s Top 50 Law Schools. The Guide is a comprehensive...
The case against Penn State assistant football Coach Jerry Sandusky is getting thornier, now that his lawyer is asking that all 52...
The most recent law school rankings from U.S. News have been released and plenty of movement took place in these rankings compared...
The general counsel for Penn State, Cynthia Baldwin, has announced that she is leaving the university after two years working in the...
Dean Paul Mahoney, of the University of Virginia School of Law, wrote a fundraising letter for the school’s $150 million capital campaign...
An American Bar Association commission is considering recommending that the nonlawyers be allowed to take an equity stake in law firms for...
Another lawsuit has been filed against the Lower Merion School District in Pennsylvania by a student. This time, the plaintiff is the...
As news broke across the country about the sex abuse scandal at Penn State University, the school hired its first public relations...
According to the November 30th chicagotribune.com article, “First civil lawsuit filed against Sanduskyâ€, the first civil lawsuit against former Penn State football coach...
Frank Schreck is a 27-year-old lawyer. When Schreck found out that his mentor, Mike O’Callaghan, was up for election as a governor,...
The McDonald Hopkins law firm has announced that they have elected four members to work for their firm. These four lawyers will...
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.â€Â 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. Of those six mergers in Pennsylvania, four have taken place in the Philadelphia area. While many mergers have taken place in Philadelphia, there have not been any mergers in Pittsburgh...