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Posts from ‘June, 2012’

Solo Lawyers Get Paid for Less Than 40% of Their Time

By Andrew Lu on June 21, 2012 5:02 AM
Solo practitioners in Oregon have it worst, while 11-20 person firms in New York had it among the best in terms of getting paid for legal hours worked. This according to a new survey on lawyer billing efficiency.
The survey looked only at small to medium sized firms [...]

Financial Services Deals a Boon to Am Law firms Worldwide

Brian Baxter
The Am Law Daily
06-19-2012
A trio of financial services transactions announced this month have boosted the corporate practices of several top law firms.
New York–based private equity giant Kohlberg Kravis Roberts announced Monday its purchase of Prisma Capital Partners, an investment firm focused on hedge funds. Reuters reports that the money management unit of Dutch financial [...]

Continental Breakfast: Africa Emerges as the Last Great Legal firm Frontier

Chris Johnson
The Am Law Daily
06-11-2012
The globalization of legal business has generally come in waves, moving from one country to the next. In the late 1990s, U.S. and U.K. firms flocked to Germany. Intense law firm activity has also been seen in recent years in Hong Kong, China, Russian Federation, Central and Eastern Europe, and the Middle [...]

More Complex Than Greed

William D. Henderson
The Am Law Daily
05-29-2012
Dewey & LeBoeuf, an amalgam of two storied New York City law firms that merged in 2007, has died. Understandably, this has prompted a lot of soul-searching among lawyers. One storyline that will attract many followers is that large law firm lawyers, long viewed as the profession’s elite [...]