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Lerach in Lockdown After Allegedly Offering Football Tickets to Guard

The Recorder

William Lerach was put in administrative segregation this summer, locked down for 23 hours a day, after he allegedly offered a corrections officer the use of season football tickets, say sources. Should a formal proceeding go against him, he could wind up in a higher-security facility.

Overseas Practices Keep British Firms Afloat

The American Lawyer

While corporate practices struggle in the U.S., the top 100 U.K. law firms managed to eke out 6.3 percent growth in the first quarter of 2008, by raising fees and growing their emerging-markets practices, particularly in the Middle East. Should U.S. firms follow London's lead?

Lawyers Worked for Weeks on Plan for Fannie, Freddie

Legal Times

In the weeks leading up to the government takeover of Fannie Mae and Freddie Mac, dozens of top lawyers sought to determine the best way to save the mortgage giants. Says one firm partner, "This kind of conservatorship action has really no close analogous precedent."

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Five Years, 30,000 Lawsuits and Counting

A moment of MP3 silence, please, as we observe the fifth anniversary of the Recording Industry Association of America's massive litigation campaign against peer-to-peer sharing of copyrighted songs. It was five years ago that the RIAA filed its first round of lawsuits against 261 defendants. Today, the number of lawsuits has soared to 30,000.

--Legal Blog Watch

Buy High, Sell Low

Best of times or worst of times to make some acquisitions? Bruce MacEwen points out that this is one area where the head/heart divergence may be more radical than usual -- and where it could really cost you.

-Adam Smith, Esq.

Translate Legal Spending Into Cents per Share?

A senior lawyer in a law department spoke recently about how the litigation spend of his group amounts to “one or two cents per share.” That's a novel perspective for a legal benchmark, says Rees Morrison.

-Law Department Management

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CLE Credit for Legal-Film Buffs -- Popcorn Optional

The National Law Journal

For attorney movie buffs, Northwestern University School of Law will have the perfect new fall course. Lawyers are invited to earn CLE credits by attending discussions about three award-winning films that turned the camera on the meting out of justice in very different contexts.

Dropping the Billable-Hour Rule, a Year Later

The National Law Journal

A year after Ford & Harrison nixed billable hours, the program is a hit with associates and partners. "What is expected of most second-, third-, fourth-year associates is what I am learning to do now, on the firm's dollar, so I can end up doing it a lot sooner on my own," says first-year Valeria Cometto.

Upgrading Aderant Expert at Squire Sanders

Legal Tech Newsletter

Aderant Expert's financial-management system is a core component of Squire Sanders' technology mission. Its latest upgrade promised new functionality and processing speed for the firm's broader user base. Swen Nielsen, financial sytems manager, walks you through the upgrade.

Hospital, Doctor Deals Up for Review

The National Law Journal

A sweeping overhaul of government rules regulating deals between doctors and hospitals will likely force many to undo or restructure joint ventures and other contracts. "There are a lot of arrangements the government knows have to be unwound," said Arent Fox's Linda Baumann.