Court of Appeals Rules Against Bankrupt Law Firms
Earlier this week, the New York Court of Appeals ruled that bankrupt law firms cannot claim profits from a client…
Thelen LLP
Nixon Peabody Lays Off 20 Attorneys, 36 Staff
Today Am Law 100 firm Nixon Peabody announced the layoffs of 56 attorneys and staff. Prudent management of our business…
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'…
Lateral Moves Are All the Rage
The WSJ Law Blog summarizes the findings in a report by The American Lawyer about the enormous rise in laterals…
Seyfarth Shaw Brings on Los Angeles IP Team
Chicago's Seyfarth Shaw has added a team of three patent litigation attorneys to the Intellectual Property Practice Group in the…
Reed Smith’s Revenue up 10% in 2008
Pittsburgh's Reed Smith reports a 10% increase in gross revenue to $980 million in 2008, on the back of significant…
US Legal Market Lost 7000 Jobs in 2008
According to the Department of Labor's Bureau of Labor Statistics, the legal services industry in the United States shed some 7,000 jobs…
Drinker Biddle & Reath Gets Six Thelen Lawyers
I really don't think we can post enough "former Thelen lawyers find jobs" stories. Drinker Biddle & Reath's Washington, DC…
Thacher Proffitt Is No More; Fourth Biglaw Collapse This Year
Thacher Proffitt & Wood, the 160-year-old New York-based law firm, will close forever. The subprime crisis slashed demand for its…