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January 11, 2009

What to Watch for at Attorney General Nominee's Hearing

Legal Times
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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

The Recorder

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

The American Lawyer

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.

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.

Law.com Blog Network

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.

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Layoff Alternative: Reducing Associate Hours

The National Law Journal
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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?

Special to Law.com
laptop presentation glow

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

New York Law Journal
Rees W. Morrison

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

Incisive Media
Rees W. Morrison

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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