Large Firm

LeClairRyan trustee agrees to $21M settlement with company accused of contributing to losses

The bankruptcy trustee for LeClairRyan has reached a $21 million settlement with the company that she accused of helping to further plunge the law firm into insolvency.

May 18, 2022 8:41 AM CDT

Judge criticizes ‘nasty litigation tactics’ while sanctioning BigLaw firm

A federal judge in Colorado has sanctioned Seyfarth Shaw and its client for misconduct during the discovery process.

May 17, 2022 11:26 AM CDT

Another BigLaw firm adopts a menopause policy

Linklaters is the latest BigLaw firm in the United Kingdom to adopt a policy that provides resources and education regarding menopause.

May 11, 2022 11:13 AM CDT

Law firm profitability ‘dropped markedly’ in first quarter amid 12% hike in associate compensation

Law firm profitability decreased in the first quarter of the year, as direct expenses increased 13.1% and overhead increased 9.9% from the same period last year, according to the Thomson Reuters Law Firm Financial Index.

May 11, 2022 8:39 AM CDT

About one-fifth of lawyers and staffers considered suicide at some point in their careers, new survey says

A new survey of lawyers and staff members hailing mostly from BigLaw has found that anxiety, depression and isolation remain at concerning levels, despite a slight decrease in the percentages since the survey last year.

May 10, 2022 12:55 PM CDT

Large law firms increase hiring of diverse attorneys, new data shows

Large law firms significantly increased their numbers of diverse attorneys between 2019 and 2021, according to new data from Firm Prospects, which provides analysis of trends in the lateral hiring market.

May 3, 2022 3:08 PM CDT

Dentons loses appeal to overturn $32.3M malpractice judgment; verein conflict at issue

An Ohio appeals court has upheld a $32.3 million malpractice award to a former Dentons client that says it had to scramble to find new lawyers after the law firm was booted from its case.

Apr 29, 2022 10:27 AM CDT

Despite 12 negative COVID-19 tests, Perkins Coie partner is stuck in 37-day hotel quarantine in China

Perkins Coie partner James Zimmerman was unprepared for the greeting that he received from China, when he returned in March from open-heart surgery in the United States.

Apr 28, 2022 10:47 AM CDT

BigLaw ‘Super Rich’ club expands; one firm had $8.4M in profits per equity partner

Nine more BigLaw firms have joined the American Lawyer’s “Super Rich” list, released this week, along with the publication’s list of the 100 top-grossing law firms in 2021.

Apr 28, 2022 9:13 AM CDT

DLA Piper adds 27 private equity lawyers; ‘this is just the beginning,’ says US vice chairman

A group of 27 private equity lawyers is leaving Honigman to join DLA Piper in Chicago.

Apr 22, 2022 9:28 AM CDT

Which law firms are tops for flexibility? For culture? Yale Law Women releases 2022 findings

There is some good news to celebrate, as women and people of color continue to progress in the legal field, according to Yale Law Women’s Top Firms Report for 2022.

Apr 21, 2022 9:09 AM CDT

Judge won’t toss $13B suit against Baker Donelson and insurer for alleged spying on litigant

A state court judge in Georgia has refused to toss a $13 billion lawsuit alleging that Baker Donelsen and American Family Insurance conspired to spy on a litigant with illegally placed electronic devices.

Apr 20, 2022 3:52 PM CDT

Judge awards nearly $289K as sanction for conduct of BigLaw firm and its former partner

A federal judge in Washington, D.C., has awarded $288,900 in attorney fees and expenses to human-rights plaintiffs as a sanction for litigation conduct by Paul, Weiss, Rifkind, Wharton & Garrison and one of its former partners. U.S. District Judge Royce Lamberth ruled on April 14, report Law.com, Reuters and Law360.…

Apr 18, 2022 10:15 AM CDT

Judge refuses to toss criminal charge against former Perkins Coie partner in special counsel probe

A former Perkins Coie partner failed to win dismissal of a criminal charge against him Wednesday, when a federal judge ruled that the dispute can’t be resolved in advance of trial.

Apr 14, 2022 12:25 PM CDT

Law firms increasingly offer title of partner to lure lateral associates

Law firms are increasingly dangling the prospect of partnership status to lure needed associates from other law firms.

Apr 12, 2022 3:02 PM CDT