UK 'Magic Circle' law firms are increasingly looking to the US for growth, as evidenced by the proposed merger of Allen & Overy and Shearman & Sterling and the expansion of Clifford Chance into Houston.
It's the season of coming together.
Midsize firms want smarter tech, not more. Our 2025 industry report shows how the right tools—and strategy—can drive growth, efficiency, and better client outcomes.
The call is coming from inside the firm!
Welcome to the new normal.
Another black box for more senior associates? Sigh.
Is there a combination in the works here?
Oof! Are other law firms considering doing the same thing?
Great news for everyone at the firm.
These are the largest associate pay cuts we've heard about during the COVID-19 crisis.
* NAACP issues travel advisory for Missouri. Having been in Missouri recently... yeah this makes total sense. [CNN] * Trump uses signing statement to tell Putin he's sorry the meanies in Congress want to sanction him. [NPR] * DLA Piper paying some of its associates more money. [Law.com] * Microsoft is moving its work to alternative fee arrangements. It's like what Uber tried to do... but with a much, much, much more successful company. [Law360] * Dr. Dolittle of Schiff Hardin. [Litigation Daily] * Iowa is reforming its juvenile justice system. [Courier] * The best footnotes of all time. [National Law Journal]
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A handy primer to the top firms in the Windy City.
For the third time in as many months, a Biglaw firm is cutting attorneys from its ranks.
* Republican presidential candidate Senator Ted Cruz has pledged to "spend whatever political capital is necessary" to create the most conservative Supreme Court in our country's history. Uh-oh! Voters better elect him, or else we'll be "one justice away from ... unlimited abortion on demand." [ThinkProgress] * A shakeup at the top? More than 20 Schiff Hardin partners -- including the firm's former managing partner, practice group leaders, and an executive committee member -- are leaving to start their own firm thanks to an apparent leadership dispute. [Big Law Business / Bloomberg] * On the seventh anniversary of his signing of the Lilly Ledbetter Fair Pay Act, President Obama took action to address the gender pay gap. Companies with 100 employees or more must now include salary info on their annual EEO reports. [New York Times] * Boston Marathon bomber Dzhokhar Tsarnaev's legal team filed the first of what's sure to be many appeals: They've asked the First Circuit to overturn his conviction and death sentence, as well as an order that he pay more than $101M to his victims. [Reuters] * For some reason, people are highly opposed to the ABA's proposal to lift its ban on law students receiving pay for their credit-bearing externship positions. Yes, let's continue to make indebted students pay for their experiential learning opportunities. [ABA Journal]
Which firms fared well in three big surveys of diversity within Biglaw?
* It looks like some pretty big changes are going to be coming down the pipeline at Washington & Lee University School of Law. From faculty and staff layoffs to payouts from its endowment, this generally doesn't look pretty. We'll have more on this news later today. [Lawyers, Guns & Money] * The 87th Academy Awards ceremony is this weekend, and you know what that means: IP lawyers are doing their damndest to protect the Oscars brand. Can you imagine the sheer number of cease and desist letters that have been going out? [National Law Journal] * Congratulations to Marci Eisenstein, who was recently elected to become the first woman to serve as managing partner of Schiff Hardin in the firm's 150-year history. FYI, the firm's most recent partner classes have been 2/3 women for the past three years. [Am Law Daily] * New Jersey Governor and would-be Republican presidential candidate Chris Christie made five firms really happy in 2014 thanks to all of the legal work he handed to them. Gibson Dunn, for example, earned $7.9 million from the Bridgegate affair. [Courier-Post] * Which state will be the next to legalize recreational marijuana? It may be Vermont, where Senate Bill 95 would allow those 21 and older to possess, use, and sell pot. Just think, you can save the environment and get high while you do it! [Huffington Post]
