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LEGAL

Legal Services Company Launches Arizona Law Firm

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

  • Flexible lawyer services company Axiom launched an Arizona law firm, Axiom Advice & Counsel, after the state supreme court granted the subsidiary a license to practice under 2020 rules allowing nonlawyer owners of law firms. Axiom is the latest of several alternative legal services companies to set up in the state, including Law on Call and LegalZoom, among others. (counsel-aac-301727312.html”PRNewswire.com)
  • K&L Gates grabbed a seven-partner private equity team from Dentons LLP’s Pittsburgh office. They include partners Chris Thel, Ron Aulbach, Curt Anderson, John Wingerter, Lauren Crossett, Andrea Steiner, and Jeff Berkey. (KLGates.com)
  • Donald Trump hired criminal defense trial lawyer Joe Tacopina to take on former Manhattan prosecutor Mark Pomerantz for allegedly defaming the former president. Tacopina, a senior partner of a New York boutique firm, has defended clients including embattled Washington Commanders co-owner Dan Snyder, rapper Meek Mill, and Fox News host Sean Hannity. (TMZ)

Lawyers, Law Firms

  • Recent changes to Florida’s trust laws have made the state increasingly attractive to the private trusts of ultra-wealthy families and the Big Law firms that advise them. (Daily Business Reviews)
  • A New York state bill would prohibit Madison Square Gardens Entertainment Corp. and other sports venues from refusing entry to opposing lawyers in litigation and other perceived enemies. (Associated Press)
  • Dechert’s new Paris offices in the city’s Eighth arrondissement occupy three floors of an “iconic” eight-story building that formerly housed the headquarters of the broadcasting company RTL. (Law.com International)

Laterals, Moves, In-house

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LEGAL

Alternative Legal Services Market Tops $20 Billion

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

  • The market for alternative legal services grew 45% in the two fiscal years through 2021 to reach $20.6 billion in revenues, as law firms and corporate legal departments increased their use of them, according to a new report. Independent providers at about $18 billion in revenues and the Big Four accounting firms, at $1.5 billion, still lead the market, but so-called law firm captive units are growing the fastest as a segment, the report said. (Thomson Reuters)
  • Husch Blackwell’s liability insurance is covering the $62 million awards the firm recently got tagged with by an arbitration panel over its representation of an engineering firm whose bid on Kansas City, Missouri’s airport construction failed. That’s according to a report citing an internal email sent by the firm‘s leaders. (Above The Law)
  • Twitter Inc.’s former chief legal officer Vijaya Gadda and deputy general counsel James Bakerboth fired by Elon Musk, are slated to testify next week to a House committee. The committee is investigating the social media platform’s handling of reports on President Joe Biden’s son, Hunter Biden. (Associated Press)
  • Houston police said two people who died in a murder-suicide last week were both associates at law firms. One of them was at Chamberlain Hrdlicka. (Houston Chronicle)

Lawyers, Law Firms

  • New Jersey federal courts are starting to make a headway on case backlogs that piled up during the pandemic. Some attorneys think the district still needs more judges. (New Jersey Law Journal)
  • A Texas judge ruled that Texas Attorney General Ken Paxton must face an ethics lawsuit by state attorney regulators over a case Paxton filed challenging results
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