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Archive Monthly Archives: December 2008
Federal Bankruptcy Filings Surge by 30 Percent; Business Filings Up by 49%
From: The National Law Journal, December 16, 2008 The total federal bankruptcy filings jumped up by 30 percent for the 12-month period ending Sept. 30, with business filings climbing by 49 percent in the
Continue readingPrimer: How “direct hire” works
Several years ago a number of firms (Covington and Crowell are only two examples) started to change the way they used staffing agencies for projects. They took the temporary attorneys onto their payroll
Continue readingSiemens to Pay $1.34 Billion in Fines
Siemens, the German engineering giant, agreed Monday to pay a record total of $1.6 billion to American and European authorities to settle charges that it routinely used bribes and slush funds to secure
Continue readingTrends in the contract attorney market
We spent the last 9 days in Chicago, D.C., NYC and Philadelphia. We met with Posse List members, law firms, e-discovery companies and staffing agencies, as well as a few in-house corporate legal departments
Continue readingSkadden Restructuring Co-Head Decamping for Lazard
From: The American Lawyer, December 15, 2008 Timothy Pohl, one of three co-heads of Skadden Arps’ 100-lawyer corporate restructuring group, announced on Thursday that he will leave the firm next
Continue readingLPOs find more work, but less favor among law grads
From sammylive.com: Dec 14, 2008 The Indian legal process outsourcing might be on a high with rising influx of offshore assignments amid the financial turmoil, but the sector still finds less favour
Continue readingAxiom Opens in Washington, Bucks Big Law Traditions
From: The BLT: The Blog of the Legal Times, December 11, 2008 There’s a new law office on 24th St. N.W. and M St. in Washington, DC, but you won’t find any partners roaming the halls. There
Continue readingIndia Work Grows, With Glitches
From the National Law Journal (with a hat tip to Gabes Guide for alerting us to the story): Just a few years ago, outsourcing legal work to India was a dirty little secret — law firms did it, but
Continue readingOutsourcing No Longer a Dirty Little Secret
From: The National Law Journal, December 10, 2008 Just a few years ago, outsourcing legal work to India was a dirty little secret — law firms did it, but few admitted to it. Those days are long
Continue readingAdvised by Sidley Austin, Tribune Co. Files for Bankruptcy
The Tribune Co. has filed for bankruptcy, aided by the law firm Sidley Austin. The Chicago Tribune, a newspaper owned by the company, reported the bankruptcy filing Monday afternoon. The petition was filed
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