Federal Reserve Bank of New York’s counsel, Denley Chew, slapped down some $2 bills and challenged a room of lawyers and legal researchers with laptops and iPhones…
The Federal Trade Commission’s announcement that it would suspend implementation of a controversial regulation that would require many businesses to take steps to prevent identity theft gives the ABA more…
While some law firms are leading the charge to promote women and minority partners to management positions, others remain dominated by the “white man’s voice,” and gender bias that keep…
Although revenue is up nearly 3 percent at the United Kingdom’s top 50 law firms, equity partner profit has plunged an average of 17 percent over the past fiscal year…
In the boom times, big law firms reaped big fees and relentlessly expanded, pushing the average take home pay for partners to a million dollars or more.
When McKee Nelson laid off 17 associates and 15 staffers last November, the firm’s co-founder William Nelson told the Wall Street Journal Law Blog, “This is market-driven,…
Morale has dropped to a record-low level for midlevel associates at the country’s largest 200 law firms, and worries about job security appear to be the reason.
Recent news that a prominent lawyer had committed suicide, apparently under extra pressure both because of having had a baby within the year and because of the dismal economy, has…
Citing uncertainty among small businesses about their compliance obligations, the Federal Trade Commission has suspended until Nov. 1 implementation of its controversial “Red Flags Rule.”