Summer Associate Hiring Plummets 44%, Survey Shows

A survey of 114 law firms chronicles the tough job market for summer associates, finding a 44 percent drop in the number hired this year.

The law firms hired an…

Jul 21, 2010 12:22 PM CDT

A Funny Thing Happened to Alex Barnett’s Legal Career: In a Dismal Job Market, He’s Now a Comedian

Unemployment has had a humorous aspect for attorney Alex Barnett.

Laid off by two law firms during 2008, the former class action plaintiffs lawyer now earns a paycheck by doing…

Jul 21, 2010 12:38 AM CDT

Death of Reed Smith Practice Leader Struck by Train Ruled a Suicide

A senior partner at Reed Smith committed suicide last week, dying of multiple injuries after being struck by a commuter train in Chicago.

Stewart Dolin was a corporate and securities…

Jul 20, 2010 11:40 PM CDT

Legal Job Hunters Should Tune in to Interviewer’s Personality, Recruiting Directors Say

Law students interviewing for law jobs need to show—and practice—their emotional intelligence by providing good answers to hypothetical questions and connecting with interviewers.

Law firm interviewers are looking for candidates…

Jul 20, 2010 2:54 PM CDT

New SEC Disclosure Rules Take Toll on GC Bonuses; Average Drops Below $1M

The total average cash bonus for general counsel at Fortune 500 companies has dropped by 18 percent, to below $1 million, and new SEC disclosure rules may be partly to…

Jul 20, 2010 1:36 PM CDT

Ex-White House Lawyer Accused of Murder Attempt Checks Out of Psychiatric Center

A former White House lawyer accused of attempted murder for allegedly beating his wife with a flashlight at their Connecticut home has checked himself out…

Jul 20, 2010 1:00 PM CDT

Former Bingham Lawyer Publishes His 18th Novel

Richard North Patterson gave up a partnership at the firm now known as Bingham McCutchen to pursue a different career, and he makes more money…

Jul 20, 2010 10:30 AM CDT

Maternity Leaves are Derailing Otherwise A-OK Mortgage Applications

By law, at least as the real estate industry understands the rules, a mortgage lender can’t ask a woman if she’s pregnant.

But it can inquire whether her income is…

Jul 19, 2010 11:42 PM CDT

UK Lawyer Debuts New ‘Annuity-Based’ Law Firm Whose Clients are Also Law Firm Investors

Forget cash flow. Equity is where it’s at, as far as the law firm of the future is concerned, predicts a well-known lawyer who is now venturing out to stake…

Jul 19, 2010 10:43 PM CDT

Goldman Sachs General Counsel Got $38.3M in Midst of 2008 Crisis

As general counsel of Goldman Sachs, Gregory Palm clearly has a very good income. Nor, some who know him say, does the Harvard Law School graduate—who grew…

Jul 19, 2010 9:37 PM CDT

Who Really Won? Record $550M SEC Fine No Big Deal to Goldman Sachs, Says NY Times

Goldman Sachs agreed to pay a record-breaking $550 million fine as part of a settlement announced last week with the U.S. Securities and Exchange Commission of charges that the bank…

Jul 19, 2010 8:53 PM CDT

Ex-AG Gonzales Subleases Office Space at Texas Law Firm

Former U.S. Attorney General Alberto Gonzales teaches a political science class at Texas Tech University and is apparently still working on a book about his…

Jul 19, 2010 5:05 PM CDT

W.Va. Governor Picks Lawyer, His Ex-GC, for Byrd Seat

West Virginia Gov. Joe Manchin has picked his former general counsel to fill the Senate seat of the late Sen. Robert Byrd.

The Charleston, W.Va., lawyer, 36-year-old Carte Goodwin, will…

Jul 19, 2010 11:36 AM CDT

Associate, a Pro Wrestling Fan, Sees Lessons for Lawyers

A senior litigation associate at Locke Lord Bissell & Liddell in Dallas has apparently spent way too much time watching professional wrestling.

All that tube time has given associate Kip…

Jul 19, 2010 10:30 AM CDT

Law Firms with 2 Tiers of Associates Pay 2nd Ranks Up to 50% Less

For years, a number of law firms have had two tiers of partners, often differentiating between equity and non-equity holders of the same job title.

Now, in a new trend…

Jul 16, 2010 7:46 PM CDT