Billing rate growth “continues to be the primary contributor to revenue growth,” with standard rates increasing 9% in Q1 2024, Wells Fargo said.
'National Law News' Category Archives
In a Flurry of Title IX Lawsuits, One Stands Out to Challenge Rollback of Students' Rights
“The concern, of course, is that institutions, given a choice, will offer processes that are less robust. But this could be shortsighted on the part of institutions as fewer protections for accused students will inevitably lead to more litigation, which could lead to greater cost for institutions,” Patricia Hamill, a member at Clark Hill, told […]
Columbia Law School Delays Exams Amid Protests and Police Activity
“This has been a trying day, amidst a trying two weeks, and the crisis on campus has left no member of our community unaffected,” Columbia Law Dean Gillian Lester wrote in a letter late Tuesday.
Johnson & Johnson Launches $6.48B Bankruptcy Plan to Resolve Talc Lawsuits
Wednesday’s proposed plan immediately got pushback from lawyers representing ovarian cancer victims: “This is not a done deal,” Beasley Allen’s Andy Birchfield told Law.com. “There is substantial opposition to this.”
Nextdoor Chief Legal Officer Joins Executive Exodus
John Orta will depart the social media platform for neighborhoods on May 8, ending his nearly six-year run as legal chief.
Election Year PR: Challenges and Opportunities for Law Firms
“With that dash of caution, law firms have an opportunity to leverage the political landscape to amplify visibility and engage relevant practice areas,” write Elizabeth Lampert and Traci Stuart.
Are We There Yet? The Journey to Lawsuit Resolution in North Carolina Federal Courts
Fourth Circuit decision highlights the wide discretion federal district courts have to manage their calendars. The timing of litigation in federal courts is case-specific and hard to predict, but data from North Carolina federal courts provides some general guidance.
Simpson Thacher Plans Boston Office, Hires Skadden Funds Partner
The New York law firm is the third Am Law 100 law firm to announce a Boston location in the last eight days.
How I Made Practice Group Chair: 'Communication Is Key, and the Human Component Cannot Be Understated,' Says Ilene Farkas of Pryor Cashman
“But being an effective leader is more than that—communication is key, and the human component—identifying, hiring, developing, supporting and retaining talented attorneys—cannot be understated.”