Acritas Survey on 2011 General Counsel Reasons for Dropping Outside Counsel Reports Results.
Debra Cassens Weiss, in an October 2, 2012 post at the ABA Journal, informs us that Acritas, a UK-based market research firm, conducted a phone survey of a couple thousand general counsel in about 45 countries, asking them about terminating outside counsel in 2011 and the reasons for doing so. 30% of the surveyed GCs dropped at least one of their law firms in 2011, mainly for these reasons: (1) too expensive (21%); (2) bad advice or lack of expertise (18%); (3) poor service (15%); (4) loss of a key lawyer (11%); or (5) ending of the job assignment (16%).
Florida Couple Wins $85,000 Damages For HOA Improper Law Resodding Bill, But Spends $220,000 in Fees and Costs Getting There.
Martha Neil, in an October 1, 2012 post at the ABA Journal, reports on a Florida couple (the Simmonses) who decided to fight a $2,212 law resodding bill from their homeowners association (HOA). This fight went on for 11 years of litigation, with the couple spending close to $220,000 in attorney’s fees and costs. Last week, a Hillsborough County state judge found the HOA didn’t follow proper procedures on the resodding controversy (which resulted in a liening of the couples’ property apparently), awarding the couple $85,000 in damages. The fees/costs request will be decided later, and Mr. Simmons was quoted as saying that the couple will try to sell the house.
Holland grass planted by the Resettlement Administration crews keep the shifting sand dunes along the coast in place. Oregon. 1936. Arthur Rothstein, photographer. Library of Congress.
2011 Top 100 U.S. Firm Gross Revenue Producers Announced.
Ms. Weiss, in an October 1, 2012 post also at the ABA Journal, lets us know that total revenues at the top 100 grossing law firms jumped million).6.8% in 2011 (with a lot of them having international presences). So who were the winners? #1 was Baker & McKenzie ($2.313 billion); #2 was DLA Piper ($2.247 billion). What firms had the top profits per partner? #1 was Wachtell, Lipton at $4.46 million, #2 was Quinn Emanuel ($4.16 million); and #3 was Sullivan & Cromwell ($3.22).
You’re the Top.