Law firm news by topic » Firms

Class action lawyers scoop record $464m fees

Jan 1, 2008 Class action lawyers pursuing Tyco International on behalf of shareholders have been awarded nearly half a billion dollars in fees, the largest legal payday in history. The $464 million (£232 million) award, which has…

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Law firms braced for divorce

Dec 31, 2007 Law firms are bracing themselves for a New Year divorce boom as couples stressed by the Christmas period rush to untie the knot. Some leading specialist practices reported taking on up to three times their normal number…

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Now, law firms in India hiring engineering grads

Dec 26, 2007 Few years ago it would have been unheard of. But thanks to outsourcing, engineering graduates have yet another interesting career option to explore – working in a law firm. Some legal process outsourcing (LPO) firms in…

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U.S. Law Firms Help Reform Afghan Legal System

Dec 26, 2007 The Wikipedia entry describing the Afghan legal system states that “Afghanistan’s judicial system is still under construction.” But private law firms, led by D.C.-based Arent Fox, are pairing with the State…

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Large Firms' Billing Rates Continue to Climb

Dec 11, 2007 Attorney billing rates shot up in 2007, with approximately three-quarters of the law firms that participated in The National Law Journal's annual survey boosting the amounts they charged for partner and associate…

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Boutique Firms Maintain Their Hold on Market

Dec 9, 2007 The dissolution of two prominent litigation boutiques in Philadelphia this quarter renewed questions about the health of such firms in a market that continues to focus on consolidation. But analysts say, and at least one…

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Law firms expect drop in transactional work

Dec 9, 2007 On the revenue side, transactional work has dropped off sharply as the mortgage lending credit crisis continues to play out. And those old stalwarts of an economic slowdown-litigation and bankruptcy-have yet to fill in…

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Carrots for lawyers to stay in Singapore

Dec 8, 2007 Law graduates here will soon have new options as they embark on a legal career — such as a position in a foreign law firm and opportunities in enhanced joint local and foreign law ventures. Currently, foreign law firms…

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UK top 100 law firms see record growth

Dec 8, 2007 The UK’s Top 100 law firms have recorded fee income growth of over 12 per cent for the three months ended 31 October 2007. The latest figures from business advisory firm Deloitte show that the sector continues to…

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