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 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
The UK-based Indian lawyers are up in arms against a reported move by the Indian government to allow foreign law firms to practice in the country without insisting on a reciprocal arrangement in Britain. The British
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
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
The rivalry between US firms' finance teams was heightened last week with Latham & Watkins high-yield London partner Jacques McChesney defecting to Shearman & Sterling. With both firms typically taking top spots in the
For many years, U.S. law firms have been rushing into China, investing people and resources to help clients on the ground there. Now, a Chinese firm is mimicking their strategy -- opening a representative office in the
Two of Missouri’s biggest law firms have agreed to merge, creating a 630-lawyer powerhouse that will rank among the top 100 in the country in size and revenue. Partners at Kansas City-based Blackwell Sanders and St.
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
Bernstein Litowitz Berger & Grossmann LLP, the nation's premier plaintiffs' contingency litigation firm specializing in complex commercial matters, today announces the establishment of a new practice group to protect the
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
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
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
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
As baby boomers hit their 60s, Am Law 200 firms try to keep the most experienced and talented ones from walking out the door.