law firm

  • Law Firm Milbank Moves First Again on Associates Bonuses

    Milbank, known for leading the industry in associate compensation, announced on Monday year-end bonuses ranging from $15,000 to $115,000. The firm revealed its plans in an internal memo, marking another bold move to set the tone for the legal industry. Milbank chair Scott Edelman highlighted the firm’s success, stating, “The firm is having a record…

  • Law Firm Profits Soared in Third Quarter of 2024, Report Finds

    Law firms experienced near-record profits in the third quarter of 2024, with profits rising 11.2% compared to the same period last year, according to a new Thomson Reuters Institute analysis of firm financial data. Higher lawyer productivity, robust billing rates, and modest expense increases point to a highly profitable year for firms, the report found.…

  • Ex-Seattle Mayor Joins Law Firm Bryan Cave Leighton Paisner

    Law firm Bryan Cave Leighton Paisner (BCLP) announced on Wednesday that it hired Jenny Durkan, the former mayor of Seattle and a former U.S. attorney. Durkan will lead BCLP’s U.S. white-collar practice from the firm’s Seattle and Washington, D.C., offices. BCLP opened its Seattle office last year, marking the firm’s first new U.S. office since…

  • Law firm Akin Gump Strauss Hauer & Feld has announced an end to its eight-year legal battle with former attorney Kristy Wagner, who alleged discrimination following a severe injury from a 2011 zip-lining accident. On Tuesday, attorneys for both Wagner and Akin filed a joint stipulation of dismissal in federal court in Washington, D.C. The…

  • Law Firm Crowell Loses $30M COVID Rent Refund Lawsuit

    A judge ruled on Thursday that law firm Crowell & Moring cannot force its Washington, D.C., landlord to refund $30 million in rent paid while most of its lawyers worked from home during the pandemic. Judge Donald Tunnage of the District of Columbia Superior Court sided with Crowell’s landlord, The TREA 1001 Pennsylvania Avenue Trust,…

  • Law Firm Jackson Walker Breached Ethical Duties Over Secret Romance, Judge Says

    A Houston bankruptcy judge accused U.S. law firm Jackson Walker of breaching its ethical duties by failing to disclose earlier the relationship between David Jones, a former Houston bankruptcy judge, and one of its partners. U.S. Bankruptcy Judge Marvin Isgur referred the entire Jackson Walker firm for disciplinary proceedings in a letter sent Friday to…

  • Law Firm King & Spalding Slams Bias Lawsuit Over Diversity Program

    King & Spalding has urged a U.S. judge to dismiss a “misguided” lawsuit filed by Sarah Spitalnick, a white, female lawyer, who accuses the firm of bias due to its diversity-focused job program for early-career attorneys. In a Thursday night filing in a Maryland federal court, the firm argued that the program is not discriminatory,…

  • Law Firm Morgan & Morgan Sues Rival in Turf Battle Over Google Ads

    Morgan & Morgan has reignited an internet advertising dispute with another Florida-based law firm, accusing it of violating an agreement to avoid misleading customers through Google search results. Billing itself as the largest U.S. injury law firm, Morgan & Morgan filed a lawsuit against the 30-lawyer Morgan Law Group (MLG) on Thursday in an Orlando…

  • Ex-Trump Defense Secretary Esper Joins Law Firm Squire Patton Boggs

    Mark Esper, the former U.S. Secretary of Defense who was fired by Donald Trump and later became a vocal critic of the former president, has joined Squire Patton Boggs as a senior adviser, the law firm announced on Thursday. Despite not being a lawyer, Esper will continue his role as chairman of the national security…

  • Massachusetts securities regulators have fined Morgan Stanley $2 million for failing to properly oversee trades made by a First Republic Bank insider before the bank collapsed, according to a spokesperson for the regulator and a consent order disclosed on Friday. Morgan Stanley managed the account of a former First Republic insider but did not confirm…