Real Estate

  • Businessman holding closed sign to viewer


    Law Firm Suddenly Shuts Down, Leaving Nearly 100 Jobless

    Which firm will be closing all of its offices for good?

    7 Comments / / Nov 25, 2015 at 9:30 AM
  • layoff laid off lawyer attorney


    Nationwide Layoff Watch: More Lawyer Jobs Slashed Due To Weak Market

    Which firm is laying off lawyers this time?

    19 Comments / / Oct 28, 2015 at 3:46 PM
  • Hilary Bricken

    Marijuana, Real Estate

    Going To Pot: Marijuana And Land Use Disputes

    Be sure to prepare accordingly as local governments continue to change how they regulate marijuana businesses in states with legalized cannabis.

    / Oct 19, 2015 at 4:20 PM
  • John Stamos (Photo by Jemal Countess/Getty Images)

    Morning Docket

    Morning Docket: 10.16.15

    * John Stamos of Full House fame was formally charged with driving under the influence earlier this week following his arrest for erratic driving this summer. He faces up to six months in jail if convicted. We have faith that his beautiful hair will survive time in the slammer. [USA Today]

    * While the vast majority of the law school lawsuits containing allegations related to deceptive employment statistics have been dismissed, a few are still alive and kicking. The very first one filed — Alaburda v. Thomas Jefferson School of Law — is heading to trial in 2016. [WSJ Law Blog]

    * Trick or treat? Per federal prosecutors, former House Speaker Dennis Hastert will plead guilty before Halloween as part of a deal in his ongoing sexual misconduct hush-money case, but whether he’ll serve time is a question that’s yet to be answered. [Reuters]

    * Headcount at real estate firms with once-prominent foreclosure practices continues to shrink thanks to the recession’s end. To that effect, two Chicago firms have eliminated hundreds of positions for legal professionals since 2013. [Chicago Business Journal]

    * Thanks to a new online system, Northwestern Law will be able to interview prospective students any time, anywhere. The school is the first in the country to offer awkward casting couch sessions as part of its admissions process. [Northwestern University News]

    31 Comments / / Oct 16, 2015 at 9:00 AM
  • Tovah Feldshuh at home (photo by Tony Cenicola/NYT)

    Celebrities, Lawyerly Lairs, Real Estate

    Lawyerly Lairs: An Acclaimed Actress, Her Biglaw Beau, And Their Multimillion-Dollar Apartment

    A celebrated actress and her Biglaw husband live in a magnificent Manhattan apartment with fantastic Central Park views.

    22 Comments / / Oct 14, 2015 at 4:27 PM
  • Bruce Stachenfeld horizontal

    Biglaw, Small Law Firms

    Reinventing The Law Business: Another Word About Competitive Advantages In The Law Business

    Managing partner Bruce Stachenfeld talks about the importance of “innovation by collaboration,” and how it can help law firms succeed in a competitive marketplace.

    / Oct 8, 2015 at 1:58 PM
  • 170px-NYC_taxis

    Lateral Moves, Sponsored Content

    Your Guide For Making A Lateral Move To New York

    As New York law firms continue to fight the war on talent, many are looking outside of the box, or rather, outside of New York.

    / Oct 2, 2015 at 4:30 PM
  • layoff notice


    Nationwide Layoff Watch: Law Firm Suddenly Leaves 150+ Jobless

    Which firm was the one to conduct these massive surprise layoffs?

    31 Comments / / Oct 2, 2015 at 1:30 PM
  • Foreclosure RF

    Books, Real Estate

    Standard Of Review: ‘Foreclosure’ Manages To Make Mortgages Interesting

    Attorney S.D. Thames attempts a Herculean task: make real estate (such as mortgages, escrow, and yes, foreclosure) actually interesting.

    2 Comments / / Oct 1, 2015 at 1:30 PM
  • Judge using hammer

    Morning Docket

    Morning Docket: 09.18.15

    * The outcomes of misconduct complaints against members of the federal judiciary will now be posted online for your viewing pleasure to “provide for greater transparency” — and schadenfreude. This could wind up being entertaining, so keep your eyes peeled. [WSJ Law Blog]

    * Apparently there are people out there who don’t know that law schools are in trouble and have been for a while, which is certainly news to us. See how the dean of UNLV School of Law explains the “new normal” to a human interest writer. [Las Vegas Review-Journal]

    * The White House just launched a nationwide movement to encourage legal immigrants in America to become U.S. citizens. What a happy coincidence that this campaign will likely add millions of voters to the rolls just in time for Election 2016. [New York Times]

    * Per a report from The Real Deal, real estate practices are heating up in Biglaw firms across New York City. Firms like Fried Frank, Skadden, and Proskauer are expanding their real estate groups, so be on the lookout, laterals. [Big Law Business / Bloomberg BNA]

    * Harvard Law is supposed to be overseeing the rollout of a new Title IX program for the reporting of sexual harassment, but so many of the administrators who were in charge of its implementation have left that its come to a standstill. Oopsie! [Harvard Crimson]

    36 Comments / / Sep 18, 2015 at 8:59 AM
  • Michelle Carter

    Morning Docket

    Morning Docket: 09.10.15

    * “We saw the light at the end of the tunnel, and she just blew that tunnel up.” Massachusetts teen Michelle Carter was charged with involuntary manslaughter in the death of her boyfriend after she texted him numerous times, encouraging him to kill himself. If you haven’t seen them, her messages are chilling. [Associated Press]

    * “If you are a lawyer thinking about having sex with your client, you better think first.” Go ahead, argue that your client’s 30-day suspension from practice was “just” because the woman kept coming back for more. Maybe your judge won’t be as sarcastic. [Knoxville News Sentinel]

    * If you’re starting law school, you probably haven’t heard about the biggest law firm bankruptcy in history, and you likely don’t know what the Dewey & LeBoeuf criminal trial is about. Here’s a listicle of reasons to doubt the prosecution’s case. [WSJ Law Blog]

    * Biglaw firms are rethinking their office space at the same time as they’re building up their posh amenities. At the end of the day, associates may be forced to move to cubicles, but it’s all for the clients’ benefit, so hooray for them. *golf claps* [Commercial Observer]

    * Our congratulations go out to Alicia Ouellette, Albany Law School’s newest president and dean. We’re certainly hopeful that she’ll be able to handle the tenuous employment situation with the school’s tenured faculty better than her predecessor did. [Times Union]

    70 Comments / / Sep 10, 2015 at 9:09 AM
  • Dan Abrams (ABC News)

    Biglaw, Lawyerly Lairs, Media and Journalism, Real Estate

    Lawyerly Lairs Litigation: Big-Time Journalist v. Biglaw Partner

    Prominent legal-affairs journalist versus Weil Gotshal partner: who will prevail?

    25 Comments / / Sep 1, 2015 at 1:38 PM
  • Dan Abrams (ABC News)

    Morning Docket

    Morning Docket: 09.01.15

    * ABC News chief legal analyst Dan Abrams is suing his neighbors over his lawyerly lair — and one of the defendants is a Biglaw partner at a top firm. Expect more on this later. [New York Post]

    * Speaking of Biglaw, a familiar tale of financial performance: gross revenue at Am Law 100 firms grew by 4 percent in the first half of 2015, but driven by rate increases rather than demand growth. [American Lawyer]

    * If you want the Supreme Court to hear your case, try to steer your cert petition clear of the “long conference,” known as the place “where petitions go to die.” [New York Times]

    * Speaking of SCOTUS, the Court won’t come to the rescue of the Kentucky county clerk who refuses to issue marriage licenses to same-sex couples — time to issue those licenses or quit, Kim Davis. [How Appealing]

    * But the justices did come to the (temporary) rescue of former Virginia Governor Robert McDonnell, allowing him to remain free until SCOTUS acts on his petition for certiorari. [SCOTUSblog via How Appealing]

    * Are criticisms of the S.E.C.’s administrative-law procedures correct? Here’s a study from Professor David Zaring. [New York Times]

    * The Show-Me State leads when it comes to showing defendants to their deaths: Missouri has displaced Texas as the “epicenter of the American death penalty.” [The Marshall Project]

    * Speaking of capital punishment, I predicted that these particular Ninth Circuit judges wouldn’t be too sympathetic to this challenge to the death penalty — and based on yesterday’s oral argument, it seems I was right. [How Appealing]

    33 Comments / / Sep 1, 2015 at 9:07 AM
  • They see the future -- and it frightens them.

    Biglaw, Lawyerly Lairs, Real Estate

    More Bad News For Biglaw Associates?

    Junior associates at one major firm will be forfeiting a traditional and coveted Biglaw perk — but maybe this is the wave of the future?

    48 Comments / / Aug 28, 2015 at 1:51 PM
  • 795 Fifth Avenue 1

    Lawyerly Lairs, Real Estate

    Lawyerly Lairs: Patent Litigator Leaves The Pierre, Selling $23 Million Apartment

    Patent litigation isn’t as lucrative as it used to be, but those who were around for the glory days did very, very well for themselves.

    12 Comments / / Jul 28, 2015 at 5:36 PM
  • Novak Druce's empty office?

    Morning Docket

    Morning Docket: 07.24.15

    * Most Biglaw firms are downsizing their office space, but Ropes & Gray just inked a deal to increase the size of its New York office by 40,869 square feet. It’ll occupy more than 300,000 square feet in Rockefeller Center. Hope the firm has lawyers to fill it! [Commercial Observer]

    * Yikes! Thanks to a string of lateral hires by Buchanan Ingersoll, the newly formed Philly office of Novak Druce appears to have been left without a single lawyer. The firm decided to “refrain from commenting” on the departures. [Legal Intelligencer]

    * The same jury that found James Holmes guilty of several counts of murder in the Dark Knight movie theater massacre completed the first phase of sentencing and decided that aggravating factors existed for him to incur the death penalty. [Los Angeles Times]

    * A former court clerk in Indiana is suing because she claims she was fired for refusing to process same-sex marriage licenses, even though doing so went against her “sincerely held” religious beliefs. We may be seeing a lot more of these in the future. [Indy Star]

    * Per Texas prosecutor Warren Diepraam, medical examiners have ruled that Sandra Bland’s death was a suicide by hanging, and he has “full faith” in the autopsy results. The community remains outraged, and investigation into the case is ongoing. [NBC News]

    10 Comments / / Jul 24, 2015 at 8:56 AM
  • Bill Cosby (Photo by Spencer Platt/Getty Images)

    Morning Docket

    Morning Docket: 07.16.15

    * No pudding pops for you, POTUS! When President Obama answered a question about the possibility of revoking Bill Cosby’s Medal of Freedom, he more or less insinuated that the comedian was a rapist, saying this country should “have no tolerance” for it. [New York Times]

    * “He was acting like a clown.” Even if you reportedly act like a complete and total drunk idiot while hitting on a partner’s wife at your would-be law firm’s holiday party, it’s still possible that you’ll get a job if your dad has political ties and allegedly makes certain promises to the firm. [Journal News]

    * Everyone’s eager to make the jump to an in-house job after years in Biglaw, but many forget the comp scheme is different from what they’re used to. Some in-house earners, however, blow away the competition. We’ll have more on this later. [Corporate Counsel]

    * One of the most important lessons that can be learned from the D&L debacle is that “[g]igantic law firms have a major Achilles’ heel.” When attorneys flee in droves, it can really upset the balance, and boy, Dewey know what a pain that can be. [WSJ Law Blog]

    * If you think all New York City firms will only hire from elite law schools that make up the U.S. News T14, then think again. This prominent real estate boutique seeks to “hire the best candidates based purely on merit, not aristocracy.” Refreshing. [Huffington Post]

    16 Comments / / Jul 16, 2015 at 8:55 AM
  • Justice Antonin Scalia (Photo by Alex Wong/Getty Images)

    Morning Docket

    Morning Docket: 07.10.15

    * Aww man, nothing’s going right for this firm: After facing mass defections that forced it to move to a smaller office, struggling law firm Gordon Silver is locked in a legal battle with its former landlord to the tune of $786,000 in rent that allegedly went unpaid. [VEGAS INC.]

    * Ted Cruz isn’t the only person Ted Olson has a bone to pick with. Justice Scalia thinks the Obergefell decision is a “threat to American democracy,” but Olson disagrees: “[W]ith respect to Justice Scalia, who I do have great respect for, he is wrong.” [National Law Journal]

    * Brooklyn Law School is selling off buildings left and right, and one of its prime pieces of real estate could sell for up to $30 million. According to Dean Nick Allard, its sale will serve as a “better advantage for the future of the law school.” [New York Daily News]

    * Lawyers, make sure to draft your documents carefully, or else you could wind up getting screwed by an errant comma (or the lack thereof). An Ohio woman got out of a summons because she pointed out a missing comma in a local ordinance. [Lexicon Valley / Slate]

    * From the sound of it, not all Uber drivers want to become Uber employees; some of them are perfectly content to be classified as independent contractors. That’s probably going to screw up that whole typicality requirement for this would-be class-action suit. [Forbes]

    10 Comments / / Jul 10, 2015 at 9:03 AM