Business of Law

Mega-firms' revenues flat as GrayRobinson grows

By: Julie Kay

While midsized GrayRobinson is continuing its impressive rate of growth after breaking into the Am Law 200 charts, Greenberg Traurig posted flat revenue on a 1.3 percent cut in attorneys and Holland & Knight revenue was up 3 percent with its attorney count down 0.2 percent.

Greenberg Traurig accused of participating in fraud

By: Claire Zillman

An investor in a defunct mortgage broker claims Greenberg Traurig and Wells Fargo helped prolong a $700 million fraud scheme.

Gary Rosen takes lead at Becker & Poliakoff

By: Julie Kay

The former head of litigation at Fort Lauderdale-based Becker & Poliakoff will become managing shareholder Feb. 1, taking over from Alan Becker, who must step down under firm bylaws setting 65 as the firm leader's retirement age.

Three firms add lawyers in Miami, Boca Raton

By: Julie Kay

DLA Piper landed six health-care lawyers from McDermott Will, Wilson Elser hired four lawyers from a defunct law firm and Akerman Senterfitt added three lawyers from Proskauer Rose.

Holland & Knight ends tracking of hours in lobbying practice

By: Meredith Hobbs

Holland & Knight has stopped tracking hours in its lobbying practice after a two-year test. It turns out most government relations practices don't rely on time-tracking, and the paperwork was considered an impediment to recruiting and a nonstarter for nonlawyer lobbyists.

Miami law firms playing musical chairs with office spaces

By: Julie Kay

With three new office towers coming online in downtown and in the Brickell Avenue financial district, it's been a tenants' market for firms looking to move or open new offices.

Holland & Knight group stops tracking billable hours on lobbying clients

By: Julie Kay

Holland & Knight has become one of the first major law firms to begin ridding itself of the billable hour by eliminating the record-keeping requirement for its lobbying group.

Greenberg's Katz honored as one of Hollywood's finest

By: Brian Baxter

Entertainment industry publication Variety is out with its top Hollywood dealmakers list for 2011, and three of those on the list are entertainment and media practice heads at Am Law 100 firms.

Greenberg Traurig to open a new office in Tel Aviv

By: Julie Kay

The office will launch with five attorneys and hopes to grow quickly. Its attorneys will not practice Israeli law but rather provide legal advice to Israeli clients who do business in the United States and the United Kingdom.

Dechert not liable for $50 million in damages

By: Brendan Pierson

An appeals court ruled Dechert is not liable for $50 million in damages in a deal faked by ex-attorney Marc S. Dreier.

Ruden McClosky's sale to Greenspoon Marder approved

By: Julie Kay

Bankruptcy judge Raymond Ray approved the sale of Ruden McClosky to Fort Lauderdale-based Greenspoon Marder to create Broward County's largest law firm with 140 attorneys, 400 staffers and 10 offices throughout the state.

SPECIAL REPORTS

Lawyer Compensation 2011

Daily Business Review

The survey of more than 125 fee applications and invoices reviewed by the DBR found many firms raised their billing rates this year for star partners and associates in key areas while keeping other lawyer's rates unchanged. But it also found plenty of evidence that firms are willing to negotiate rates with favored clients.

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