U.S. Supreme Court Says Investors Can Sue Law Firms Connected with Stanford Ponzi Scheme under State Laws

In Chadbourne & Parke LLP v. Troice et al., the U.S. Supreme Court has held that investors in Stanford’s Ponzi scheme are not barred by the SLUSA from suing Chadbour...

Read More

Peer Monitor Index for Mid Sized Firms Says “Bench Strength” Will Spell the Difference

The recent Peer Monitor Index for Mid-Size Law Firms published by Thomson Reuters has quite aptly been titled “A Glass Half Full or Half Empty?” after observing the recent perf...

Read More

Fannie Mae Cuts off Ties With Two Large Foreclosure Law Firms in Colorado

 

The national mortgage giant, Fannie Mae has unexpectedly cut off ties with two law firms that used to handle the lion’s share of for...

Read More

Once Successful McCutchen Must Decide How to Survive

Summary: Boston Law firm Bingham McCutchen, once on top, now is struggling to survive.

Boston-based Law firm has made an impressive run of it, since their inception back in 1891. They’ve grown consistently and considerably, and banked in on the 2008 recession rather than starve through i...

Read More

In-House Ethics Counseling in Large Firms

Summary: Large firms are increasingly using in-house ethics counselors for resolving malpractice concerns.

Considering how sticky it can get in large firms when lawyers want to question the ethics of a senior associate, many may feel it is best not to rock the boat or put their neck out. Ot...

Read More

Big Law Firms Gain Confidence in 2014’s Third Quarter

Summary: A survey by Citi Private Bank and a report on Biglaw bonuses suggest firms are becoming optimistic.

We’ve seen great news for the economy with more employed than before the 2008 recession and with unemployment at a low; but how are things panning out for the legal sector? Lawyers...

Read More

Law Students Learn Accounting and Finance to Compete on the Market

Summary: With the difficult legal market, some law schools are offering business training to give extra value.

With the law of compensation, supply and demand, working between a legal market unable to take on too many fresh grads and law schools seeing a subsequent dwindling in enrollment, ...

Read More

Morgan Lewis Merging Once Again

Summary: Morgan Lewis is merging with Singapore’s Stamford Law Corp.

is at it again. Not only did they grab that fine gem Bingham McCutchen’s Boston office, four months ago, but they have recently merged with Singapore’s Stamford Law Corp. 2,000 strong, they are one of the top five f...

Read More

Morgan Lewis Merges with Singapore’s Stamford Law Corp

Summary: Morgan Lewis is merging with Singapore’s Stamford Law Corp.

is at it again. Not only did they grab that fine gem Bingham McCutchen’s Boston office, four months ago, but they have recently merged with Singapore’s Stamford Law Corp. 2,000 strong, they are one of the top five f...

Read More

Slater Gordon Expands into British Market with Quindell Acquisition

Summary: Australia’s Slater Gordon to acquire arm of Britain’s Quindell.

Australia’s Slater and Gordon continues their onslaught of acquisitions – with at least 12 of them in the last 5 years – to take on the professional services unit of Britain’s Quindell. They announced Monda...

Read More