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Competing for summer associates

With the number of law school entrants increasing exponentially, law firms are getting competitive about summer associate selection.

Efforts to attract and retain the best talent begin with the summer associate program. Many firms are increasing the pay for summer associates with the full associates. Vinson & Elkins, with more than 700 lawyers in 11 offices across the globe, will be paying summer associates $2,700 a week for its 10-week program. Fulbright & Jaworski LLP offers $2,100 a week.

05-23-2006

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Orrick's new practice in Europe

Orrick Herrington & Sutcliffe has launched a corporate practice in Rome. The firm absorbed the local boutique Tantalo & Associati whose managing partner Pietro Maria Tantalo will head the new corporate group.

Tantalo founded Tantalo & Associati in 1983 with his father, a former member of the Italian Parliament. He serves many national and international clients in the areas of general corporate and capital markets with a focus on mergers and acquisitions, leveraged buy outs, private equity investments, corporate governance, bankruptcy and debt restructuring. His corporate background will complement Orrick's strong banking and finance team in Italy.

Orrick, Herrington & Sutcliffe LLP, advising the world in key commercial and financial capitals, is an international law firm with more than 850 lawyers in North America, Europe and Asia. Orrick's first Italian office opened in Milan in April 2003. Since then, it has maintained a reputation in the Italian and international markets for major cross-border and domestic corporate, mergers and acquisitions, debt restructuring and project finance transactions, as well as intellectual property, technology, competition, administrative and real estate law.

05-23-2006

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Emerging trends in law firm marketing

With the number of lawyers increasing exponentially, law firms have stepped up their marketing tactics.

A new web-based service is cashing in on the marketing blitz by offering cheap and accurate information on effective marketing tactics. The site (http://www.law-firm-marketing-coach.com) covers topics such as time management and productivity, CTPM model of Internet marketing, how to reduce work hours while increasing revenue and ethnical attorney advertising.

The site claims that most marketing efforts orchestrated by law firms are sloppily executed, but they ensure that their services will turn the tide. They boast a 27% increase in revenues for firms within one year of signing up for their services.

05-22-2006

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Political post preferred over law firm

Queens County Democratic Chairman Thomas Manton has decided to give up his profitable law career for an unpaid job as head of the Queens County Democratic Organization, a powerful political position. He was forced to choose between the two due to a ruling by the New York State Supreme Court which stated that he could not hold both positions simultaneously.

The new rule bars county chairmen and executive directors from working at law firms that handle lucrative work on the estates of citizens who die without wills or next of kin. The ruling, which became effective this month, offers a one-year grace period for compliance.

05-22-2006

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MySpace for Attorneys

The popularity of MySpace, the Internet hangout spot for teens and young adults, has prompted scores of clones across the Internet. Now the idea has been co-opted by Chris Rempel and Kevin Cross, creators of Lawbby.com, where attorneys can interface with other legal professionals online.

Lawyers can create individualized profiles, write blogs, make friends and place job postings and relevant ads for free. The site's creators claim it will revolutionize the way attorneys network.

05-19-2006

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British Law Society fined

The Law Society, a regulatory and representative body for solicitors in England and Wales, has been slapped with a fine of over $ 400,000 for not failing to handle client complaints adequately. The fine levied by the Legal Services Complaints Commissioner, Zahida Manzoor, comes after deliberations over the proper time table for the handling of public complaints.

Manzoor was appointed Legal Services Complaints Commissioner in 2004 to set targets for handling complaints and resolving consumer dissatisfaction. She has the powers to impose fines of up to one million dollars for non-compliance. The Law society, however, claims the fine is unreasonable.

05-19-2006

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Disaster preparedness

Becker & Poliakoff, P.A., a commercial law firm with more than one hundred attorneys practicing in offices throughout Florida and the world, has posted a 12-point Communication Hurricane Preparedness Checklist, which will help professionals and elected boards prepare their communities for storm-related disasters. The Checklist is available online at www.hurricane-recovery.com.

The firm provides disaster-related services to clients and the Florida general public. They received a Thomson Elite award in recognition of a client-service initiative launched during the devastating hurricanes that hit Florida during a six-week period in 2004.

05-19-2006

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