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January 11, 2009
What to Watch for at Attorney General Nominee's Hearing
Two months of silent preparation will reach a climax Thursday when Eric Holder Jr. enters his confirmation hearing to be attorney general. He enjoys much support, but it's not all friendly faces in the Senate. Here are 11 things you're likely to see, and maybe one to hope for.
Revenue Reports for S.F. Area Firms Show Flat Is the New Up
A tanking economy and crippled credit market posed a double blow for San Francisco Bay Area-based Am Law 100 firms in 2008, causing slower revenue growth and declining profits. Firms battled rising costs and declining demand, which combined to deliver shrinking profit margins across the board.
Kill the Billable Hour? A British Response
Cravath's presiding partner argues in Forbes that the billable hour must go. Over the last 20 years, hourly rates have become the dominant currency in the U.K., but the tide is turning -- and some British firms are further along in shifting from the billable hour than their U.S. counterparts.
MORE HEADLINES
- Lloyds to Forfeit $350 Million in Sanctions Probe
- 7th Circuit Makes It Harder for Plaintiffs to Keep Securities Class Actions in State Court
- Obama Wants 'God' in His Oath
- In Last-Ditch Appeal, Conrad Black Asks High Court to Reverse Fraud Conviction
- Federal Circuit Tosses Inmate's Copyright Infringement Suit
- Bouncer's Conviction Leaves Strip Club Exposed
- N.C. Firm Lays Off 13 Lawyers, 15 Staffers
- Mandatory Restrictions Ruled Invalid in Porn Case
- Voting Rights Law Under High Court Review
- High Court Steps Into Case Involving Iraq Immunity
- More News
- News Alerts
LEGAL BLOG NEWS
Even Former Attorneys General Can't Find Jobs in This Economy
It's been more than a year since Alberto Gonzales resigned as attorney general, yet like many of his fellow lawyers, he remains unemployed. Carolyn Elefant suggests that, unlike lawyers affected by the economy, Gonzales is simply getting a taste of his own controversial employment policies.
Lawyer 2 Lawyer Internet Radio Looks Back at 2008
Hosts J. Craig Williams and Robert Ambrogi discuss the biggest legal stories of 2008 with Edward Adams, editor and publisher of the ABA Journal and Steven Fromm, editor-in-chief of The National Law Journal.
Law Still Far From the Worst Profession
A new study by a job Web site analyzed 200 professions to determine the best and the worst of the lot. However bad things get, being a lawyer is still far better than being a lumberjack.
FEATURES
Layoff Alternative: Reducing Associate Hours
The Project for Attorney Retention and several legal consultants are recommending that law firms implement reduced-hours programs as a way to manage the flagging economy and avoid associate layoffs. But most resistance could come from the associates themselves.
Does Verdical Improve Trial Presentation?
Verdict Systems' Verdical attempts to increase the functionality of trial presentation software beyond the presentation of evidence -- and transcript and database support -- by including more robust data management features. Consultant Peter Phaneuf gauges Verdical's success.
Hot-Button Issues in Outside Counsel Guidelines
Consultant Rees W. Morrison reviews five hot-button issues in outside counsel guidelines that engender a disproportionate amount of agitation and negotiation: charges related to travel time, conflicts of interest, changes in billing rates, disbursements and staff restrictions.
Updated Special Report: Crisis on Wall Street
As Wall Street's woes continue, Law.com presents ongoing coverage of the financial meltdown from across the globe, with Incisive Media updates on what it means for law firms and lawyers. See if your law firm is on The Layoff List.
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