This morning’s top stories:

Time Magazine has published its Person of the Year issue, and has shocked the world by choosing the come-from-behind candidate, Barack Obama. Read about Obama and the other five lawyers chosen…

Pircher, Nichols & Meeks, a 75-attorney firm specializing in commercial real estate, has announced that it is laying off eight attorneys and four staff…

  

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A US district judge has dismissed Ralph Nader’s latest attempt to prove he was the target of a conspiracy by the Kerry-Edwards campaign to keep him off the presidential ballot…

Political commentators and legal experts are debating the qualifications of Caroline Kennedy to fill the role of US Senator from New York…

Two-thirds of all US law firms expect lower 2009 revenues, although the economic harm to date has mostly hurt large firms…