Morning Roundup
Good morning everyone! Today is Wednesday, February 17, and here's a look back at yesterday's stories... Lincoln Fabrics will pay…
recession
Recession Hits the Jury Pool
Readers of our page have seen numerous posts on the effect the recession has had on the court system around…
Morgan Lewis Reports Large Drop in Profits
Morgan Lewis reported sharp drops in revenue and per partner profits for the 2009 fiscal year. Revenues fell by 5%,…
What Recession? K&L Gates Tops $1 Billion in Revenue
Unemployment is hovering at just over 10%, some states have seen home foreclosure rates as high as 25%, the economy…
ABA’s Loan Relief Proposal for Law Graduates Rejected by Congress
Despite recent efforts from the American Bar Association to help recent law school graduates defer their student loans, neither the…
Labor Bureau Says Legal Industry Lost 25,000 Jobs in Recession
According to the US Bureau of Labor Statistics, 34% of the legal services jobs created since the 2001 recession have…
Legal Industry Lost 1,300 Jobs in January
The legal services industry continued to slash payrolls in January with a loss of 1,300 jobs, according to the US…
UK Lawyers In Trouble
The troubles affecting the financial sector are beginning to spread to the legal industry in the UK. Large law firms…