North America/US - Page 178

US law firms face onerous tax changes

The American Bar Association has criticised the proposals which would impact firms with $10m or more annual gross receipts.

  • 11yrs

Aggressive litigation gets the best result for shareholders

The top five plaintiffs' law firms win by not adopting passive strategies, according to a Vanderbilt law professor.

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Oregon sets up artists' legal clinic

Artists can now get low-cost legal counselling and educational workshops in the state which has a thriving art scene.

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Seywarth highlights rise of US disability access claims

Disability claims relating to ramps and other forms of access rose 55 per cent in the year to June 30, according to an analysis by Washington DC-based Seywarth Shaw.

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Bank of America dragged down by legal costs

Bank of America is the latest bank to suffer dented profits as a result of legal costs following a settlement over mortgages.

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Mid-sized US firms struggle to make lateral hires

Lawyers with large books of business appear increasingly to be setting up boutique practices and to be turning their backs on the medium-sized firms.

  • 12yrs

Thomson Reuters wins Internal Revenue Service contract

Thomson Reuters is to provide online legal and tax research to the US's Internal Revenue Service (IRS) in a deal which could see up to 20,000 officials use the company's services.

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Locke Lord appoints healthcare head

The firm has appointed Denise Hanna to the post.

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US lawyers wary of advising on legalised pot issues

A growing number of organisations working in the legalised area of marijuana are finding that lawyers, bankers and others are unwilling to do business with them.

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Yale is most competitive law school in the US

The Princeton Review has named the toughest law schools to get into with Yale and Stanford leading the pack.

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BigPay shrinks at BigLaw firms

Only 27 per cent of starting salaries at the largest firms are pegged at US$160,000 - a significant fall back from 2009 when nearly two-thirds of such salaries were at this level.

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Northwestern tops employability table

Chicago's Northwestern University School of Law has jumped from 9th to 1st place amongst US law schools when ranked for career prospects.

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Halliburton lawyers lay off 23 after Deepwater success

Godwin Lewis, the Texas law firm acting for Halliburton on the 2010 Deepwater Horizon oil spill, is laying off 17 lawyers and six staff after agreeing a US$1.1b settlement last month.

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Asian businesses hit hardest for US anti-trust breaches

About 77 per cent of the fines levied in the US for anti-trust breaches since 2015 have been imposed on Asian companies, according to research from the Korea Chamber of Commerce & Industry.

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Corporates beef up legal departments

Corporates are moving more legal work in-house and look set to continue this trend.

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US legal sector see 4,600 jobs lost in September

After a good August, the US legal sector had a poor September, more than losing all the gains it had made in the previous month.

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Lawyer escapes prosecution by quitting practice

A Louisiana bankruptcy lawyer has plea bargained away a criminal prosecution by giving up his licence to practise.

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Mid-sized US firms seeing fragile improvement

The market for mid-size law firm services may be showing some signs of stability and tentative improvement.

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The one billion dollar personal injury lawyer

The Forbes 400 list of America's wealthiest people featured 35 people with law degrees.

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Jones Day has the fear factor

Jones Day is the firm which clients least like to see on the other side of the table.

  • 12yrs
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