Business Development articles

Employees walk outside a factory that processes imported Smithfield Foods Inc. frozen pork at the WH Group Ltd. facility in Zhengzhou, China, on Thursday, April 13, 2017. Photographer: Qilai Shen/Bloomberg

Will Chinese Law Firms Flourish As Their Clients Expand Overseas?

Will Chinese Law Firms Flourish As Their Clients Expand Overseas?

As China’s outbound investment has surged, with several multibillion dollar deals completed in the U.S. in recent years, a new paper suggests the country’s law firms could follow their clients overseas. “One of the ways in which the leading U.S. and U.K. law firms grew internationally was by following their domestic clients overseas,” Gail J. Hupper, a former research scholar

Paul Manafort, campaign worker for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, speaks with the press during an election night event in New York, U.S., on Tuesday, April 19, 2016. Trump's campaign is poised to have its first good week in a month as the Republican presidential front-runner awaits an expected win in the New York primary, a boost that could provide momentum ahead of five key Northeast contests next week. Photographer: Victor J. Blue/Bloomberg *** Local Caption *** Paul Manafort

Wake Up Call: Skadden Faces DOJ Questions Over Work for Manafort

• New York-based Skadden, Arps, Slate, Meagher & Flom faces Justice Department scrutiny for work it did for Paul Manafort five years ago, when Manafort was lobbying for a former pro-Russia leader of Ukraine. The DOJ’s interest in Skadden comes as special counsel Robert Mueller zooms in on Manafort, President Donald Trump’s former campaign manager, in the context of his investigation into Russian meddling in the U.S. presidential election. (New York

Photographer: Andrew Harrer/Bloomberg

Seven Patent Petitions Queued Up for Supreme Court’s New Term

By Tony Dutra, Bloomberg BNA The U.S. Supreme Court could kick off its new term by deciding to revisit its landmark 2014 ruling on patent eligibility that wiped out protection for many software-based inventions. Synopsys Inc. filed the petition asking the court to clarify its ruling in Alice Corp. v. CLS Bank Int’l and its

WASHINGTON, DC - JULY 14:  Former Trump campaign aide Michael Caputo arrives to testify before the House Intelligence Committee during a closed-door session at the U.S. Capitol Visitors Center July 14, 2017 in Washington, DC. Caputo resigned from being a Trump campaign communications advisor after appearing to celebrate the firing of former campaign manager Corey Lewandowski. Denying any contact with Russian officials during the 2016 campaign, Caputo did live in Moscow during the 1990s, served as an adviser to former Russian President Boris Yeltsin and did pro-Putin public relations work for the Russian conglomerate Gazprom Media.  (Photo by Chip Somodevilla/Getty Images)

For Trump Aides Caught in Russia Probe, Legal Bills and Paranoia

By Shannon Pettypiece, Bloomberg News Four months as a communications adviser to Donald Trump’s campaign have turned Michael Caputo’s life upside down. Since congressional investigators decided they wanted to interview Caputo as part of an investigation into Russia’s interference in the 2016 election, he’s drained his children’s college fund to pay more than $30,000 in

Why Women Leave Big Law to Start Their Own Firms

Wake Up Call: Why Women Leave Big Law to Start Their Own Firms

• In a story package published on Big Law Business, reporter Stephanie Russell-Kraft interviewed more than 20 women who departed their jobs at large law firms to start their own firms, more than half of whom became partner before departing Big Law. There were significant commonalities in their stories, chief among them frustration — with what

Photographer: David Paul Morris/Bloomberg

Why Women Leave Big Law To Start Their Own Firms

Peggy McCausland was tired of her firm’s networking events. The potential clientele she wanted to woo — business women — weren’t showing up, she said. So McCausland conceived her own networking event that would draw them — golf lessons, catered meals and shop talk — and asked for the necessary marketing funds. She was a partner at the firm, Blank Rome,

Close-up of the upper corner of a consumer credit report from the credit bureau Equifax, with text reading Credit File and Personal Identification, on a light wooden surface, September 11, 2017. In September of 2017, a data breach at Equifax exposed the personal information of thousands of customers. (Photo via Smith Collection/Gado/Getty Images).

Five Facts About Equifax’s Data Security Lawyer

Equifax has enlisted the help of King & Spalding’s Phyllis Sumner to defend it against more than 70 class actions brought so far over the credit reporting agency’s massive data breach. The breach, which took place between mid-May and July, compromised the names, Social Security numbers, birth dates and addresses of approximately 143 million American consumers,

NEW YORK - MAY 7:  A job applicant (L) speaks with recruiter Renee Chandler (R) during an interview May 7, 2003 at the offices of Metro Support Group in New York City.  The nation's jobless rate climbed to six percent in April, rising for the third straight month, adding up to half a million lost jobs.  New York's job market has especially been hit hard, with many applicants being unable to find work. (Photo by Chris Hondros/Getty Images)

Corporate Boards Get More Serious About Job Performance

By Andrea Vittorio, Bloomberg BNA How well corporate board members do their jobs is being measured more rigorously amid increased scrutiny from investors and each other. Most of the Russell 3000 company boards that say they review their performance each year now look at members individually, rather than as a whole, according to data provided

A screenshot of the homepage in Dentons' Nextlaw Public Affairs Referral Network.

World’s Largest Law Firm to Grow Business Through Referrals

With an estimated 8,600 lawyers, Dentons global chairman Joe Andrew likes to say he presides over the largest law firm in the world, and that it’s still not big enough. “Our clients come to us with problems,” Andrew said. “Those problems do not have a neat bow around them that says, ‘This is a legal problem,

paper Money

The Ranks of Non-Equity Law Partners Have Proliferated

 By Elizabeth Olson, Big Law Business In recent years, the number of non-equity Big Law partners has grown at a dizzying rate. Some firms used the category as a convenient niche to tuck lateral hires or under performing partners, and other firms viewed such salaried positions as an added step on the tall ladder to full partnership.