AmLaw 100 Financials
April 30, 2009For the first time since 1991, profits-per-partner and revenue-per-lawyer were both down in 2008 for the AmLaw 100 firms. With the continued weakness these firms have seen through the first part of 2009, it looks like they will have another drop in both categories. The WSJ Law Blog sat down with AmLaw Editor-in-Chief Aric Press and went over the numbers. As we’ve been saying since this recession started, things are changing for large bloated law firms. The quick and nimble can survive and the larger they are the harder it’ll be.

As we pointed out in our earlier post, “
In starting out, we have relied heavily on our family members as both a source of referrals and as clients. So, spurred on by the desire to help the ones we love (not to mention, the desperate need to pay bills), we have taken on quite a few family members as clients. Some have been appreciative and respectful, others have been demanding and arrogant, but all of them have leveraged the family connection at least once during the course of the attorney-client relationship.
Facebook should be used for personal networking and LinkedIn should be used for professional networking. Do not add your co-workers as Facebook friends. If they get upset then tell them that you keep Facebook strictly for your personal life. It is too easy for you to be ruined via Facebook because of the nature of the site. LinkedIn is much more appropriate for professional networking and the site is specifically designed for that. You might think this is ridiculous, but take a look at what is being commonly referred to as “

According to a statement released today, ”The University of Texas School of Law (UT Law) is proud to announce the Long Career Launch Program, which is designed to make it financially possible for our recent graduates to obtain legal work experience in unpaid internships while they are awaiting bar results and looking for permanent employment. Graduates who are selected to participate in the Program, which is generously funded by a grant from the Joe R. and Teresa Lozano Long Foundation, will receive a $6,000 stipend to support work in an unpaid legal internship with a government agency or a 501(c)(3) public interest organization.” Analysis on the statement from 






