ABA Journal

Law Firms

12210 ABA Journal Law Firms articles.

30% of these lawyers would like to work fewer hours; those most dissatisfied are younger and female

Thirty percent of surveyed “standout lawyers” would like to work fewer hours, while 53% are satisfied with the hours that they are working.

Ex-LeClairRyan general counsel gets prison time, while firm insurer agrees to pay $10M to bankruptcy trustee

The former general counsel of the defunct law firm LeClairRyan was sentenced to 44 months in prison in Richmond, Virginia, on Monday for lying to the U.S. Trustee Program while trying to thwart an investigation into his embezzlement of more than $4 million.

Cravath is first to announce year-end associate bonuses, with more money for every class year

Cravath, Swaine & Moore announced year-end bonuses of up to $115,000 for associates Monday, topping last year’s year-end bonuses of up to $100,000. Cravath has “reclaimed its throne as BigLaw’s bonus leader” by being the first to announce.

Judge imposes default judgment against former Littler Mendelson client for ‘subversive approach to discovery’

A federal judge in Mobile, Alabama, has imposed a default judgment against an Alabama steel mill once represented by Littler Mendelson because an attempt to hide payroll records “poisoned the entirety of this case.”

Fired K&L Gates partner is charged with cyberstalking former colleagues

Fired K&L Gates partner Willie Dennis has been charged with four counts of cyberstalking former partners and other colleagues at the law firm.

Weekly Briefs: New charges against lawyer accused of staging his shooting; Christian florist settles

Suspended lawyer Alex Murdaugh faces new charges

Suspended South Carolina lawyer Alex Murdaugh, previously charged in an alleged scheme to have himself killed for insurance money, is facing 27…

Did privilege help law partner’s son avoid prison in sexual attacks? Lawyer for victim thinks so

A judge in Niagara County, New York, sentenced a 20-year-old man to eight years of probation Tuesday following his guilty plea to third-degree rape and attempted sexual abuse.

How law firms can gain a competitive advantage with financial intelligence

Ari Kaplan recently spoke with Rob Stote of BigHand, Michael Grupp of Bryter and Tom Obermaier of SurePoint Technologies about the recent report that the three companies commissioned to identify key trends among law firm financial leaders.

Lawyer facing ‘world of financial claims’ could be jailed for refusing to turn over records in bankruptcy

A lawyer whose firm was forced into bankruptcy after clients complained about more than $8 million missing in escrow funds was held in civil contempt Tuesday for failing to turn over documents.

Sidley Austin implements executive training and new titles for associates

Senior Sidley Austin associates are getting new titles and new opportunities to learn business skills.

Litigation funder’s contracts leave some lawyers owing double the amount borrowed

Lawyers who received litigation funding from Pravati Capital are sometimes tripped up by contract provisions that leave them owing more than double the amount that they borrowed.

Talent wars top list of perceived threats to law firm profitability, new survey finds

Law firm business leaders are bullish about the future of the legal industry, but they are increasingly concerned about the impact of talent wars on profitability, according to a survey released Tuesday.

Some law firms are promoting record numbers of associates to partnership

Several law firms have announced their largest new partner classes on record amid a push to reward lawyers and create an incentive for associates to stay.

Top 50 law firms are ‘cannibalizing’ an increasing share of legal revenue

The nation’s 50 highest-grossing law firms continue to outpace other higher-earning firms in growth in income, net revenue and demand, according to financial data.

‘Treated like a robot,’ contract lawyers chafe under fickle facial recognition surveillance

Contract lawyers forced to use facial recognition monitoring while they work at home are frustrated with the intrusive and error-prone surveillance that forces them to log back in when they are perceived to be unfocused.

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