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Not Dead Yet? How BigLaw's Best Firms Are Finding Growth  [Video]

Apr. 2, 2014 (Mimesis Law) -- Kent Zimmermann, consultant to law firms for The Zeughauser Group, tells Lee Pacchia that despite years of negative press heralding the end of BigLaw's best years, there are tangible signs of...more

Zimmermann: Dewey Charges Send 'Warning' To Struggling Law Firms [Video]

Mar. 12, 2014 (Mimesis Law) -- Kent Zimmermann, consultant at the Zeughauser Group, talks with Lee Pacchia about the recent spate of charges filed against former leaders of defunct law firm Dewey & LeBoeuf and what they mean...more

Dean: Law Schools Use Merit Scholarships To Boost Rankings  [Video]

Oct. 10 ( Bloomberg Law) -- Law schools need to find ways to cut the expense of merit scholarships, which they "use to buy students . . . with high LSATs" to improve the schools' US News rankings, Brooklyn Law School Dean and...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

Turnarounds & Workouts Announces Outstanding Young Restructuring Lawyers for 2013

Turnarounds & Workouts’ Special Report on Outstanding Young Restructuring Lawyers honors restructuring attorneys under the age of 40 who are leaders in their practice. The honorees are selected by Turnarounds and Workouts’...more

Consultant: More Big Law Firms Will "Implode"  [Video]

Feb. 27 (Bloomberg Law) -- Bruce MacEwen, a law firm consultant and blogger at AdamSmithEsq.com, tells Bloomberg Law's Lee Pacchia that "we will see some more name brand [law] firms implode" in 2013. The defunct New York law...more

A Better 2012 for BigLaw (With Big Asterisks)  [Video]

Feb. 7. (Bloomberg Law) -- Law firm profits at a selection of the nation's largest firms increased by 4.3 percent in 2012, but "we do have some concerns about what drove the results," Dan DiPietro, chairman of Citi Private...more

Alphabetical List Of The Chapter 9, Chapter 11, And Chapter 15 Bankruptcy Cases Covered By CourtReads - Completely Free Access To...

CourtReads Case Coverage List Our newest website - courtreads.com - offers completely free access to over 150,000 documents filed in hundreds of the largest current corporate bankruptcy cases, including cases under chapter...more

BigLaw's Banker: I've Got a "Robust" List of Firms That May Fail [Video]

Oct. 26 (Bloomberg Law) -- Dan DiPietro, chairman of The Law Firm Group at Citi Private Bank, says he has a "somewhat robust" watch list of law firms that may fail in the coming months. "In this kind of economic...more

"Suicide Prices" & the Coming Crisis at Big Law Firms [Video]

Oct. 12 (Bloomberg Law) -- An increasing number of major law firms are quoting "suicide prices" just to get business that will keep their lawyers occupied, even though the firms can't make money on the work, according to law...more

Law Prof: Why Discharging Student Debt in Bankruptcy is Good for Lenders [Video]

Aug. 22 (Bloomberg Law) -- If law school graduates were able to discharge in bankruptcy court their student loans from private lenders -- something Congress has prohibited since 2005 -- it might be good for the lenders and...more

Ex-Partner: $1M Salaries Should Satisfy BigLaw Partners [Video]

Aug. 23 (Bloomberg Law) -- Many partners at America's biggest law firms are simply making too much money, according to former Kirkland & Ellis partner Steven J. Harper, who is now an adjunct professor at Northwestern...more

Dewey Burned $43 Million In 6 Weeks Prior To Bankruptcy [Video]

June 14 (Bloomberg Law) -- Bloomberg News Bill Rochelle tells Lee Pacchia that defunct law firm Dewey & LeBoeuf LLP spent $43 million in cash over the six weeks prior to their bankruptcy filing, much to the chagrin of secured...more

Protecting a Law Firm’s Crown Jewels

Here’s a real shocker for you: When a partner leaves a healthy law firm, he and his or her new firm can be required to return to his or her old law firm the profits made the cases he or she brings along. These obligations...more

Consultant: Crisis of Confidence in Leadership Sunk Dewey & LeBoeuf [Video]

May 31 (Bloomberg Law) -- Kent Zimmermann, consultant at the Zeughauser Group, and Bill Rochelle from Bloomberg News talk with Bloomberg Law's Lee Pacchia about law firm Dewey & LeBoeuf's bankruptcy filing in the Southern...more

Could Dewey & LeBoeuf Have Been Saved From Crashing and Burning? Yes and Here's How:

Gosh, I could have had a V – 8. Trial lawyers often say that when they try a case, they always wind up trying three cases: The case they plan on trying, the case they actually try and the case they should have tried....more

Report Shows Bankruptcy Reforms Raised Costs For Consumers and Creditors [Video]

May 14 (Bloomberg Law) -- Lois Lupica, professor of law at the University of Maine School of Law and Counsel at Thompson & Knight, talks with Bloomberg Law's Lee Pacchia about a recently released report showing how reforms...more

Avoiding Law Firm Implosions by Mandating Firms to Undergo Annual Stress Tests

Good Lord! Please make it stop. We can’t take witnessing any more carnage or scandal from the Dewy & LeBoeuf front! The worst part, in some respects, is that clients, laterals and law firm lenders are now looking past...more

Dewey Ex-Partner: Headhunters and Media Tanked the Firm [Video]

May 10 (Bloomberg Law) -- Stuart Saft, the former head of the real estate group at Dewey & LeBoeuf, tells Bloomberg Law's Lee Pacchia that legal headhunters spread blog stories about the firm's financial problems to...more

Dewey, Sex, Lies and Videotape

We are still sitting and gawking unabashedly at the awful train wreck that is now the fate of Dewey & LeBoeuf. The human carnage is unspeakable, yet we can’t stop staring. The pundits are rapidly offering their own...more

Businessweek Reporter: 6 More Dewey & LeBoeuf's on Horizon  [Video]

April 26 (Bloomberg Law) -- Businessweek writer Paul Barrett says the recent troubles at law firm Dewey & LeBoeuf are the leading edge of a "broad restructuring among some of the best known brand names in American law." He...more

Dewey Need to Take a Pledge?

Dewey & LeBoeuf continues to be daily battered in the media. Too many of the slings and arrows now being shot Dewey’s way are self inflicted. Those with the most to lose seem to be trying to get this ship of state back on...more

Dewey Shoot the Lifeboats as Our Partners Seek Safety From Our Law Firm in Stormy Seas?

Dewey & LeBoeuf continue to flounder in stormy seas. In this Internet era, we are all bolted to our deck chairs in calmer adjacent seas glued to this spectacle as it unfolds before us. The bolt to the exits by some important...more

Dewey Think We Are Watching the Deconstruction of a Venerable Law Firm?

In these challenging times, a noted and venerated law firm seems, at the very zenith of the profession, seems to be deconstructing before our eyes. While some of us watch transfixed as a major pillar of the legal community...more

How to Succeed in BigLaw While Really Trying: A Four Act Unfinished Play, Now Playing at a Law Firm Near You

The numbers for 2011 for law firms are dribbling out as they inevitably do at this time of year. The reports are fairly consistent all across the board: Gross revenues up at about 3 or 4%; net profits increased at double...more

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