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"Boston law firm plans San Diego expansion"

Apr 01, 2007

Oh, boy, firms expanding & lawyers changing firms. See the details in this San Diego Union-Tribune news article: "The Boston law firm Goodwin Procter has recruited prominent local biotechnology lawyer Stephen C. Ferruolo to launch an office in San Diego as part of the firm's push into California. "Stephen C. Ferruolo is expected to take much of his client base with him. Ferruolo, 56, has been a highly visible face for Heller Ehrman, one of the few one-stop-shopping law firms for San Diego's biotechnology companies. He is also vice president and general counsel for Biocom, the region's biotechnology industry organization.... Read more →

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Estrin Legal Staffing

Estrin Legal Staffing specializes in helping exceptional professionals connect with amazing career opportunities. Click on the banner to take a look at our amazing career opportunities and call us to get more information.

Posted at 06:47 PM in Law firm management, Law firm trends, Partnership decisions | | Comments (0)

"Firms Predict More Work, Less Equity"

Mar 22, 2007

What does this news mean for paralegals? I'm guessing higher required billable hours & maybe higher salaries too: "Although law firm leaders at a recent conference publicly pooh-poohed predictions that industry profitability would stumble, in a new survey they say increasing expenses will cut into their bottom line this year. "Lawyers can expect to be pushed for more billable hours while facing a harder struggle to make equity partner. And the ranks of associates and nonequity partners will rise much faster than any increase in equity slots, law firm leaders said. "The first managing partner confidence index [be sure to... Read more →

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Estrin Legal Staffing

Estrin Legal Staffing specializes in helping exceptional professionals connect with amazing career opportunities. Click on the banner to take a look at our amazing career opportunities and call us to get more information.

Posted at 04:59 PM in Associate attorneys, Billing, Compensation trends, Law firm management, Law firm trends, Paralegal utilization, Partnership decisions | | Comments (0)

"Complicated End of an Ex-Law Firm"

Feb 11, 2007

Yeah, law firm breakups spawn messy news. Almost as bad as a divorce: "At one time, the breakup of a big, prestigious law firm was rare. But since the technology boom and bust, implosions of once highflying firms like Brobeck, Phleger & Harrison and Testa, Hurwitz & Thibeault have occurred with more frequency. "Yet the bankruptcy of Coudert Brothers still stands out. Eighteen months after the firm voted to dissolve, its unwinding continues to be a complicated, messy affair. "Creditors and at least one former partner have filed lawsuits against the firm. Malpractice claims have accrued as well. There are... Read more →

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Estrin Legal Staffing

Estrin Legal Staffing specializes in helping exceptional professionals connect with amazing career opportunities. Click on the banner to take a look at our amazing career opportunities and call us to get more information.

Posted at 05:26 PM in Current events, Law firm management, Law firm trends, Partnership decisions | | Comments (0)

"Should Associates Vote on Partnerships? Latham's Do"

Nov 17, 2006

Don't you think paralegals have just as much to contribute to partnership decisions as associates? "Making partner usually means stiff competition with other associates. "But at Latham & Watkins, associates are asked to put down their swords and shields and objectively evaluate whether their peers have what it takes to make partner. "Most firms wouldn't do it. They'd be looking to prevent scheming associates from using any power they have to benefit their own chance at partnership. "But at Latham, associates are selected to serve a two-year term on the associates committee, which makes partnership recommendations for the firm's partners... Read more →

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Posted at 08:03 AM in Associate attorneys, Law firm management, Partnership decisions | | Comments (0)