Law Firms

Class Action “Bugaboo” Judgment on Incentive Fees “Misguided”

Reuters correspondent Alison Frankel writes about the judgment of US District Court McMahon and her references to incentive fees – they are a “bugaboo for McMahon,” she writes. U.S. District Judge Colleen McMahon of Manhattan included a highly unusual warning in her recent opinion approving the $15 million settlement of a securities class action against

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Texas Notary Pleads Guilty to Multimillion Dollar Unemployment Benefit Fraud

  Preet Bharara, the United States Attorney for the Southern District of New York, Cheryl Garcia, Acting Special Agent-in-Charge of the New York Office of the U.S. Department of Labor, Office of Inspector General, Office of Labor Racketeering and Fraud Investigations (“USDOL-OIG”), and Peter M. Rivera, Commissioner of the New York State Department of Labor

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How Big Law Firms Are Using A Swiss Technique To Keep Profits Safe

The American Lawyer’s annual law firm rankings show some of the biggest are using a Swiss legal partnership to keep country profits separate.    All of the firms have set up “vereins”—a Swiss legal partnership that lets the law firms maintain separate national or regional profit pools under a single brand. The AmLaw rankings also

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Law Firm Investigates Key Energy Services

LawFuel — Pomerantz LLP is investigating claims on behalf of investors of Key Energy Services, Inc. (“Key Energy” or the “Company”) KEG -1.19% .  Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 1-888-476-6529, ext. 237. The investigation concerns whether Key Energy and certain of its officers and/or directors have violated Sections 10(b)

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Bronx Cocaine Traffickers Charged

  Preet Bharara, the United States Attorney for the Southern District of New York, Janet DiFiore, the Westchester County District Attorney, Scott W. Brown, Tarrytown Police Chief on behalf of the Greenburgh Drug and Alcohol Task Force, and George Venizelos, Assistant Director-In-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), announced

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The Oldest Law Firm in the US Sees a History Touching Whiskey, Slavery and More

At a time when law firms are becoming “virtual” and outsourcing is all the rage, an historic law firm with roots going back 231 years is something not just charming, but also historic. The oldest law firm in the United States is evidently Rawle & Henderson, who have been plying their legal trade in Philadelphia

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