A decade after the subprime mortgage crisis sent shockwaves across the global economy and upended an unprecedented run of prosperity for the legal profession, many law firms are still struggling to adjust to stagnant demand for their services and the ...Read More »
The Association of Corporate Counsel is recognizing several legal organizations as 2012 “ACC Value champions that delivered “substantial value” to clients through value-focused legal management skills. “These law departments and law firms have developed and implemented initiatives to deliver bottom-line ...
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Rochester area law firms are cautiously optimistic for the new year, with many starting to hire again at pre-recession levels. “I’m really bullish on the outlook,” said Carolyn Nussbaum, managing partner for Nixon Peabody LLP’s Rochester office. “I expect we ...Read More »
The removal of Amherst-based Steven J. Baum PC from Fannie Mae and Freddie Mac foreclosure cases means other firms will be picking up the work. Baum’s firm handled a large portion of the state’s foreclosure cases, and experts predict more ...Read More »
WASHINGTON — Mortgage giant Fannie Mae knew about allegations of improper foreclosure practices by law firms in 2003 but did not act to stop them, a government watchdog says. Similar allegations are the subject of a probe by state attorneys general ...Read More »