Rising stars in the law: 40 young attorneys who are making their mark; they pursue success within the system and seek change outside of it

Article Abstract:

The explosion in numbers of new attorneys in the past 15 years has included many who show remarkable promise for their achievements and commitment in every area of the law, and outside it. Some have been out of school for only a few years, but most showed their promise academically and many went on to prestigious clerkships. The 40 chosen from 150 candidates work in all kinds of law and for every kind of employer, and are remarkable as well for their racial, gender and political diversity, signalling changes in the profession.

United States, Personalities

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In-house lawyers increasingly seek liability coverage

Article Abstract:

Corporate counsel, especially those of failing banks, are concerned about third-party liability findings in recent litigation and are looking into professional liability insurance. Potential liability has also increased since corporate counsel are practicing more law instead of managing outside counsel. Attorneys litigating environmental issues, those retained by publicly traded companies for the purpose of securities work and those acting as both director and general counsel may also be at risk.

Laws, regulations and rules, Corporate counsel, Insurance, Third parties (Law), Legal malpractice insurance

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What lawyers earn

Article Abstract:

Patterns of law firm compensation changed between the late 1980s and the early 1990s. Profits per partner at some of the largest US firms declined, while those for sole practitioners and small firms went up. The salaries of judges, government attorneys, law professors and corporate counsel increased. Associate compensation flattened, while public interest attorneys continued to have the lowest salaries in the profession.

Compensation and benefits

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