Law firms working on mergers and acquisitions typically get paid when and if a deal closes. That’s bad news for law firms working on deals that got delayed or fell…
Calling New York attorney Marc Dreier a “Houdini of impersonation and false documents” who allegedly stole $380 million from hedge funds and investors, a federal prosecutor today urged that he…
Just when it seemed that the alleged situation involving the founder of Dreier and his disintegrating 238-attorney law firm could hardly get much worse, even more bad news is being…
The longtime recommendation for lawyer staff ratios has been three lawyers for every one secretary. Recent staff cuts at law firms, spurred by the economic downturn, could finally bring more…
Revenue per lawyer at large law firms is up 1.5 percent, but it would likely have been in the negative numbers if the calculation had included lawyers laid off this…
In an era of high-tech fraud, the founder of the Dreier law firm is accused of doing it the old-fashioned way. Using little more than his position and…
After lawyer layoffs at a number of well-known firms this year, many attorneys aren’t as confident as they’d like to be about the stability of their jobs. And, although the…