Transactional and Top 15 Firms Did Even Better. The results of Citi Private Bank’s “Full Year 2014 Legal Industry Results,” based on a sampling of 179 U.S. firms (78 in the Am Law 100, 47 in the Am Law Second Hundred firms, and 54 in the niche/boutique firm category), show the following trends […]
Also Indicates That Defense Counsel Billings Will Not Remain Sealed Forever. In Gutierrez v. Wells Fargo Bank, N.A., Case No. 07-05923 WHA (N.D. Cal.), U.S. District Judge William Alsup recently ruled on March 27, 2015 that class counsel in the Wells Fargo overdraft class action—who won a $203 million restitutionary judgment—must support their
BTI Consulting Survey Shows Corporate Clients Becoming More Demanding. The “BTI Litigation Outlook 2015,” published by BTI Consulting, reports that more than 60% of corporate clients have replaced one of their primary, core law firms in the past 18 months—a 7 year high as far as this statistic is concerned. However, the same
Class Action Spending Around 2.1 Billion Dollar Level, With Increase In Number Of Class Actions Being Handled By In-House Top Counsel And With Rise In High-Risk Class Actions. Carlton Fields Jorden Burt, LLP recently has come out with its 2015 Class Action Survey, the highlights of which can be found here. Top
UCI Get 30th Spot. “The lowly anteater was immortalized at the Washington Zoo today when its statute was unveiled with appropriate ceremonies.” 1938. Library of Congress. Recently, U.S. News and World Report released its ranking of U.S. law schools. Here they are: (1) Yale University (2) TIE – Harvard University
Earlier, First Circuit Reversed Earlier Fees/Costs Awards After Determining State, Not Federal, Law Applied To Determination Of The Awards. In In re Volkswagen & Audi Warranty Extension Litigation, 692 F.3d 4 (1st Cir. 2012), which happens to be a multidistrict class action involving oil sludge buildup in engines and related warranties, a settlement
ABA-Approved Law School Rates Also Assessed. As reported by Debra Cassens Weiss in a March 2, 2015 post on the on-line version of the ABA Journal, the top ten U.S. elite law schools—analyzed from the point of sending a higher percentage of graduates to BigLaw firms (top 250 U.S. firms)—had an average tuition
U.S. Bureau of Labor Statistics Show January 2015 Legal Services Sector Drop. The U.S. Bureau of Labor Statistics has reported that, for January 2015, the legal services sector lost 1,400 in jobs despite some signs of an uptick in demand. This compares with a 4,500 legal service job loss for all of 2014.
56% Of These Dollars Went To Outside Counsel, With Comprehensive Management Programs Leading To Even Less Spending. As reported by a recent issue of the ABA Journal, the Huron Consulting Group came out with its 2014 IMPACT Benchmarking Report after its fifth annual survey of law departments for 2013, encompassing survey data from
$25 Was The Fine. U.S. Magistrate William V. Gallo (S.D. Cal.) was 10 minutes late in attending a session in a trademark infringement suit involving cheerleading clothes. He obviously was displeased, fining himself $25 for his tardiness in keeping the participants waiting. Dallas Cowboys Cheerleaders. Carol M. Highsmith, photographer. 2014. Library of
