From the category archives:

Large law firm issues

TweetThe recent collapse of the now-infamous New York City firm Dewey & LeBoeuf, which at the height of its popularity had over 1,000 lawyers, has had many consequences. One of the more notable ones is the disruption caused to the job market for attorneys as a result of the laying off of all Dewey attorneys. […]

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TweetDewey & LeBoeuf’s seemingly rapid free fall has caught the attention of business analysts and bankers as much as the legal community.  As a result, the legal industry today is undergoing the same scrutiny as the financial services industry did in 2008. While criminal allegations, lush multi-year contract guarantees and big debt dominate the Dewey […]

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TweetIf you have ever had your credit card compromised, you understand the havoc that identity theft can create. Now imagine if that happened to your business. Given the harm it can do to your reputation and bottom line, business identity theft should be on the radar of all companies. Of course, if the security breach […]

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TweetSmall law firms are continuing to look favorably on merging or being acquired by larger firms in 2012.  The number of small firm mergers and acquisitions increased by approximately fifty percent in 2011 compared to 2010 according to a survey conducted by consulting firm Altman Weil.  In fact, there have been approximately fifteen mergers and […]

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TweetSocial media has arguably transformed the way many companies do business, particularly how they interact with the public. However, as the business advantages of this new technology continue to grow, so do the legal risks. Many of these risks can be traced back to the novelty of the social media phenomenon. While social media issues […]

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TweetThe Second Circuit recently concluded that parts of a New York rule requiring attorneys who claim to specialize in a certain field make certain disclosure statements are unconstitutional, violating the First Amendment. Michael Hayes, a Buffalo-based personal injury attorney, had claimed that Rule 7.4 of the New York Rules of Professional Conduct did not contain […]

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TweetThe Southern District of New York recently dismissed a lawsuit filed by the well-known law firm Jacoby & Meyers (memorable, at the very least, for its ubiquitous t.v. ads) in which the firm challenged New York Rule of Professional Conduct 5.4.  That rule prohibits non-lawyers from investing in law firms.  The firm claimed that the […]

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TweetJurors’ use, or I should say misuse, of social media such as Twitter and Facebook during trials is leading to the overturning of court rulings, convictions and mistrials.  These improper juror postings on social media websites is yet another weapon in attorneys’ arsenals for creating grounds for an appeal. Criminal defense lawyers, among others, comb through Facebook and Twitter entries for […]

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TweetCyberattacks on Law Firms-Background In what has become an all too familiar refrain, a major New York law firm was recently informed by the FBI that all of the firm’s client files had been discovered on a server in a foreign country. Those files were then sent from that foreign server to China. For those […]

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TweetIf you thought pre-printed legal forms were only used by lawyers to handle transactional work more efficiently, guess again.  The Texas Supreme Court established the Uniform Forms Task Force last year. Its goal is to create divorce forms that poor Texans who cannot afford divorce lawyers can use to aid them in the divorce process.  […]

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