Why Are International Law Firms Retreating from China?

Why Are International Law Firms Retreating from China?

Summary: Last year, some law firms exited China, but why? China is a booming market with nearly 1.4 billion people to serve. While law firms may want to work in the country because of the potential business, local corruption and political roadblocks are enough of a deterrent for clients to rethink whether or not the pros […]

Will Micro Law Schools Become a Thing?

Will Micro Law Schools Become a Thing?

Summary: Law schools with low enrollment should consider the micro law school model. It’s now well-known that most non-elite law schools are floundering. Indiana Tech Law School announced this year that it would close in June because of low student enrollment. This fall, only 37,000 students nationwide entered law school, which was a steep drop from […]

Schulte Roth & Zabel Offers Associates Big Bonus

Schulte Roth & Zabel Offers Associates Big Bonus

Summary: SRZ is offering its associates a generous year-end bonus. Tis the season for giving, and in the law firm world, the gifts are better than that Xbox you promised your spoiled nephew. After word spread yesterday that Houston-based Susman Godfrey was offering a minimum year-end bonus of $40,000 to its first-year associates, another law […]

There Are Bad Legal Recruiters Out There So Beware

There Are Bad Legal Recruiters Out There So Beware

Summary: Be aware of the signs that you are working with a bad recruiter so that you can protect yourself and find a good legal recruiter to help you. Not all legal recruiters can be trusted. They can quite often be placed in the same category as the dreaded car salesman, real estate agent, talent […]

High School Students Serve Teacher Semen

High School Students Serve Teacher Semen

Summary: Three high school freshmen served their home-economics teacher their semen mixed with frosting on a turnover made in class. Three high school students in Nebraska pulled a prank on their teacher but it was not an appropriate prank worth pulling. The students face criminal charges for mixing their semen into the frosting used on […]

Massachusetts Attorney Disbarred for Fraud

Massachusetts Attorney Disbarred for Fraud

Summary: A Massachusetts attorney was officially disbarred and required to pay the IRS $300,000 in restitution for taking money from clients to pay bills in lieu of a reportable income. A month after being sentenced to a year of probation and a $300,000 fee, a Topsfield lawyer has been officially disbarred. John Molloy Jr, 53, […]

Top 10 Cities with Great Quality of Life and Law Firm Presence

Top 10 Cities with Great Quality of Life and Law Firm Presence

Summary: What are the best places to live that also have big and medium-sized law firms? In 2015, the population of Denver, Colorado ballooned by over 100,000. People not only flocked there to get a Rocky Mountain High, but the city also has great weather, Midwestern friendliness, and a lot of fun activities for families and young […]

Law Firms Use Bonus Clawbacks to Curb Lateral Poaching

Law Firms Use Bonus Clawbacks to Curb Lateral Poaching

Summary: Law firms are fighting back against lateral poaching. Law firms find new associates using two methods–hiring recent law school graduates or lateral hiring from competitors. It is understandable that law firms wouldn’t want to lose any of their attorneys, considering how they spent years grooming them, so firms are increasingly enforcing policies to discourage […]

Legal Financers Prepare To Merge

Legal Financers Prepare To Merge

Summary: Two competing legal financing firms are preparing to join forces to create a bigger, more powerful legal financing company. Legal financer Burford Capital Limited is planning a merge with their rival Gerchen Keller Capital LLC in a $160 million deal. Combining their firms would produce $1.2 billion in investment and commitments in an industry […]

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