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MacEwen: Weil Gotshal Layoffs Start of Wave  [Video]

June 27 (Bloomberg Law) -- Weil, Gotshal & Manges' announcement this week it is firing 60 associates and 110 support staffers, and cutting the pay of about 30 partners, is the start of a wave of such downsizings, according to...more

Deloitte: Turnarounds and Democracy Don't Mix  [Video]

April 26 (Bloomberg Law) -- William Snyder, co-head of the corporate restructuring group at Deloitte, talks with Bloomberg Law's Lee Pacchia about a new survey his group conducted on executive management during corporate...more

Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"  [Video]

April 25 (Bloomberg Law) -- A substantial percentage of the nation's largest law firms enter the sixth year of the Great Recession "badly weakened," and more firms are expected to fail, according to law firm consultant Kent...more

Retirement Plan Sponsors Have More to Fear Than Fear Itself

In his inaugural address in 1933 amidst the Depression, Franklin Delano Roosevelt said that the only thing we had to fear was “fear itself”. 1933 predates ERISA by 40+ years, so FDR clearly didn’t understand the dilemmas of...more

Do Expert Witness Fees Impact Access? High Court Considers

We all know the cost of retaining an expert can be pricey. But does the price tag affect vindication of individual rights under a federal statue and impact court access? Should the cost of expert witness fees play a role...more

Consultant: Law Firm Revenues & Profits Dropping, Layoffs Ahead [Video]

Sept. 5 (Bloomberg Law) -- Kent Zimmermann, consultant to law firms for the Zeughauser Group, talks with Bloomberg Law's Lee Pacchia about the prospects for the legal services industry in 2013. Kent says that law firms have...more

Retirement Plan LegalEase

Most plan sponsors thought they couldn't afford an ERISA/ retirement plan attorney until now. Introducing Retirement Plan LegalEase, the $1,000 Retirement Plan Legal Solution to help you minimize your fiduciary liability as a...more

Some Musings on Dewey LeBoeuf

The Bankruptcy Filing of Dewey & Leboeuf Well, it's happened again: with its May 28 bankruptcy filing (the largest for any law firm in U.S. history), Dewey & LeBoeuf has gone the way of Howrey, Thelen Reid, Heller...more

What is the Fair Market Value of a Full Service Commercial Law Firm?

Ever wonder what your law firm is worth? Here’s a shocker: Nothing, zero, zilch, nada. While law firms around the world are scrambling for cash and the folks across the pond are counting money they will never receive...more

Atlantic Electronics -v- HM Revenue & Customs

Fairness in Justice – Fighting one taxpayer by using the others taxes!.

The Chamber President, The Hon Mr. Justice Warren in the cases of HMRC –v- Atlantic Electronics held AN APPEAL BY HMRC TO disapply Rule 10 of the 2009 Rules is DISMISSED! “The right to opt out from Costs is a recognition of...more

Companies Must Retain Counsel to Answer Certain Georgia Garnishments

The Georgia Supreme Court issued a recent order regarding the unauthorized practice of law in Georgia Courts. While companies were once permitted to answer Georgia garnishments through any authorized agent, the law now...more

Asset Acquisition Checklist

If your client is contemplating an asset acquisition, there are many complex factors to consider. In an asset acquisition, the buyer only acquires the assets and liabilities it identifies and agrees to acquire and assume,...more

April 2011 – Virtual Paralegal Newsletter Magazine™

The Virtual Paralegal Newsletter Magazine™ is the industry leading information resource for virtual paralegals and assistants to stay current on the latest news, regulations, technology and new development in the virtual law...more

Law Firms: Be Prepared! There's more tunnel at the end of the tunnel. Careful Planning is Now Essential

2009 caught law firms largely by surprise, without any adequate plans in place to deal with the malaise then affecting the legal profession. 2011 now looks even more frightening for law firms. Law firms continue to confront...more

Why are clients demanding and law firms submitting hundred page RFP's? Isn't there a better way?

As if lawyers don't have enough to do. In the last decade, with clients looking at the hiring of law firms through the specatcles of a purchsing agent, clients have been requiring law firms to submit lengthy, detailed...more

Advertising for Dummies: Understanding Robinson Knife Manufacturing Inc. v. Commissioner's Effect on Trademark Licensing and...

This note identifies several problems created by the Tax Court’s holding in Robinson Knife Manufacturing Inc. v. Commissioner, and illustrates the dilemma with the current treatment of trademarks under the Internal...more

Litigation Work Flowing to Nashville Firms from Financial Centers

Corporate counsel have to cut their outside legal spend and they are moving litigation matters to regional firms that provide better value and outstanding legal expertise. Regional law firms in Nashville are getting a boost...more

Don't Waste A Good Crisis

Many large and even mid-sized law firms have gone their own merry ways for years, happily assuming that high associate salaries, million-dollar partner draws, increasing billing rates and the occasional leveraged merger with...more

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