Dewey's Bankruptcy Lawyer: More Large Law Firms Will Fail
Businessweek Reporter: BigLaw Is "Crash Landing"
With Radical Changes, Law Firms Can Beat Recession
This Year's AmLaw 100: "Fundamental Recovery" for Some
Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"
Survey: Law Firms Must Change, But Don't Know How
Weekly Brief: Are Scholarships a Bait-and-Switch For Law Students?
Stealth Lawyer: Ryan Steinman, SoulCycle Instructor
Bill on Bankruptcy: Why is Kodak's Stock Soaring?
Weekly Brief: New Round of Layoffs Hit Law Firms
How Facebook's Lawyers Price Their Services
Could A US-EU Free Trade Deal Harm The WTO?
BigLaw Growth is Dead. Here's What's Next
Consultant: More Big Law Firms Will "Implode"
$300 Million Dairy Settlement Will Bring Reform, Lawyer Says
Aquila: M&A Looking Up in 2013; "The Negatives Are Built In"
More Law Firm Mergers in 2013
Layoffs Coming to AmLaw 100 Law Firms
A Better 2012 for BigLaw (With Big Asterisks)
Weekly Brief: Will RBS Plead Guilty In LIBOR Scandal?
May 23 (Bloomberg Law) -- While failed law firms make for notoriously difficult bankrupty cases, Dewey & LeBoeuf's time in bankruptcy court was quicker and easier than other notable law firms. Joe Samet, head of restructuring...more
May 2 (Bloomberg Law) -- Paul Barrett, assistant managing editor and senior writer for Bloomberg Businessweek tells Bloomberg Law's Lee Pacchia that Big Law is currently experiencing "a very difficult crash landing that is...more
May 2 (Bloomberg Law) -- Just as legal process outsourcers are stealing business from law firms today by doing it cheaper, they too will face pressure in the coming years from technologies that can do the the job even cheaper...more
April 25 (Bloomberg Law) -- Revenues and profits on average rose in the low single digits at the nation's 100 highest-grossing law firms in 2012, sparking a "fundamental recovery," Robin Sparkman, editor-in-chief of American...more
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
April 11 (Bloomberg Law) -- A survey of the readers of the Adam Smith, Esq. law firm management blog has found that there is widespread agreement that law firms have to change their fundamental business models, consultant...more
This week we learned that a client of DLA Piper had counter-sued the firm because it [allegedly] overbilled him. Much has been written about the emails from one DLA lawyer to another with the salacious quotes: “churn that...more
Mar. 21 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A new study shows an average of 69% of law students retain their scholarships after their first year. Also, we have a look at...more
Mar. 20 (Bloomberg) -- Ryan Steinman, a SoulCycle instructor, talks with Bloomberg Law's Spencer Mazyck about his transition from practicing law at O'Melveny & Myers LLP to leading fitness classes. SoulCycle LLC provides a...more
March 20 (Bloomberg Law) -- Although Eastman Kodak Co. stock shot up like a rocket in a week's time, investors might not have the same profitable outcome like owners of American Airlines shares, as Bloomberg Law's Lee Pacchia...more
March 14 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. New Jersey-based Archer & Greiner PC is the latest law firm to announce layoffs of attorneys and staff. Also, counsel for...more
During the past decade, law firm mergers have become critical – and powerful – communications platforms. They create rare opportunities for private law firms to define and, in many cases, redefine themselves publicly. When...more
March 7 (Bloomberg Law) -- Silicon Valley's Fenwick & West -- which incorporated Apple and took Facebook public -- recently hired a new kind of staff position: a product manager charged with helping clients understand the...more
March 13 (Bloomberg Law) -- In his 2013 State of the Union address, President Obama announced plans to negotiate and execute a free trade agreement between the United States and the European Union. Jim Bacchus, partner at...more
Feb. 28 (Bloomberg Law) -- The era of ever-expanding revenues and profits for the nation's largest law firms -- a period that lasted from 1980 to 2008 -- is over, and it's never going to happen again, law firm consultant...more
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
Feb. 19 (Bloomberg) -- Robert Abrams, Chair of the Antitrust Group at Baker & Hostetler LLP, talks about his representation of a certified class of southeastern dairy farmers in the recently announced $158.6 million...more
15 Feb. (Bloomberg Law) -- Frank Aquila, partner at Sullivan & Cromwell, talks with Bloomberg Law's Lee Pacchia about the prospects for mergers and acquisitions activity in 2013. Aquila notes that while 2012 was something of...more
Feb. 8 (Bloomberg Law) -- Law firm consultant Kent Zimmermann from the Zeughauser Group expects more major law firm mergers in 2013, he tells Bloomberg Law's Lee Pacchia. Firms fear they won't be able to grow organically fast...more
Feb. 8 (Bloomberg Law) -- Law firm consultant Kent Zimmermann of the Zeughauser Group tells Bloomberg Law's Lee Pacchia that partner layoffs at America's largest law firms are quietly picking up speed because of a lack of...more
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
Jan. 31 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. US authorities are currently trying to get RBS to plead guilty to allegations it took part in the LIBOR rigging scandal. Also,...more
Jan. 17 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A new report suggests lawyers need to forget about returning to the economic conditions preceding the Great Recession. Also, RBS...more
By all accounts, Dewey & LeBoeuf financial distress and ensuing Chapter 11 bankruptcy was not handled well. After all, it’s hard to handle intense turmoil well—but it isn’t impossible. My guest today on LXBN TV recently...more
Jan. 11 (Bloomberg Law) -- David Lat, founding editor of Above the Law, speaks with Bloomberg Law's Lee Pacchia about the prospects for big law firms in 2013. While David sees many challenges out in the US economy, he is...more
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