Large Firm

More law firms appear to ease mandatory retirement policies

The median age for all lawyers in the United States is increasing, as more law firms appear to be easing mandatory retirement policies.

Aug 31, 2022 2:57 PM CDT

Dentons’ $32.3M malpractice loss remains intact after top Ohio court declines to hear case

Updated: The Ohio Supreme Court on Tuesday refused to hear Dentons’ appeal of a malpractice verdict requiring it to pay $32.3 million to a former corporate client that had to find new lawyers after the law firm was tossed from a patent case.

Aug 31, 2022 10:12 AM CDT

How Jones Day’s ‘conservative machine’ helped shape policy in the Trump administration

After the election of former President Donald Trump, many Jones Day lawyers “sailed into his White House, the Justice Department and other parts of his administration,” signaling the influence of the corporate law firm that had built a practice helping Republicans win elections and attain their political goals.

Aug 30, 2022 12:56 PM CDT

Cravath is entitled to nearly $75M as a contingency fee in failed-merger litigation, judge rules

A Delaware judge has ruled that Cravath, Swaine & Moore is entitled to a $74.8 million shifted contingency fee in a lawsuit for damages following a failed merger.

Aug 29, 2022 12:53 PM CDT

Weekly Briefs: Ex-officer pleads guilty in Breonna Taylor case; ex-BigLaw partner can’t shield 401(k) cash

Ex-officer pleads guilty in Breonna Taylor case Former Louisville, Kentucky, detective Kelly Goodlett pleaded guilty to a federal conspiracy charge Tuesday for helping falsify an application for a warrant to search the home of Breonna Taylor, who was shot and killed by police in a 2020 raid at her home.…

Aug 26, 2022 12:12 PM CDT

Law firms experience downturn in profits in first half of 2022, new survey says

Law firms are experiencing new challenges in 2022 as their profits decreased and expenses increased, according to new data from Wells Fargo’s Legal Specialty Group.

Aug 17, 2022 10:08 AM CDT

Columbia tops list of law schools that cost more than $100K per year

The cost of attending Columbia Law School in New York City has hit a new high, as students can expect to pay $110,450 for the current academic year.

Aug 15, 2022 9:09 AM CDT

Law firm profitability continues to decline as M&A work slows, Thomson Reuters report says

Waning demand for legal services and a rebound in expenses are contributing to a continued decline in law firm profitability in 2022, according to the Thomson Reuters Law Firm Financial Index.

Aug 11, 2022 1:49 PM CDT

This BigLaw firm may be the first to announce special bonuses this summer; will it be the last?

Littler Mendelson has announced special bonuses for some lawyers, making it possibly the first BigLaw firm to offer bonus cash this summer, according to a report by Above the Law.

Aug 2, 2022 12:17 PM CDT

Weekly Briefs: Go-between sentenced in law prof’s murder; $4.25B opioid settlement announced

Convicted go-between gets life sentence in law prof’s murder Katherine Magbanua was sentenced Friday to life in prison without parole for acting as the go-between in the murder of Florida State University law professor Dan Markel. She also received two consecutive 30-year sentences. Magbanua’s lawyer, Tara Kawass, said her client…

Jul 29, 2022 2:35 PM CDT

More law firms appear to ease mandatory retirement policies

Dentons’ $32.3M malpractice loss remains intact after top Ohio court declines to hear case

How Jones Day’s ‘conservative machine’ helped shape policy in the Trump administration

Cravath is entitled to nearly $75M as a contingency fee in failed-merger litigation, judge rules

Weekly Briefs: Ex-officer pleads guilty in Breonna Taylor case; ex-BigLaw partner can’t shield 401(k) cash

Law firms experience downturn in profits in first half of 2022, new survey says

Columbia tops list of law schools that cost more than $100K per year

Law firm profitability continues to decline as M&A work slows, Thomson Reuters report says

This BigLaw firm may be the first to announce special bonuses this summer; will it be the last?

Weekly Briefs: Go-between sentenced in law prof’s murder; $4.25B opioid settlement announced

Pay for 2021 law grads is at all-time high as percentage of BigLaw jobs increases, NALP says

Lawyer’s name is scrubbed from BigLaw website after he joins abortion-aid warning to Sidley Austin

Weil takes a different tack by funding ‘Zero L’ public service

Law-firm recruiting slows as deal work falls

Texas GOP group warns that Sidley partners could be prosecuted if the firm pays abortion travel costs

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