Law Firms

Milbank Tweed’s new initiative – dubbed Milbank@Harvard – has created high interest among attorneys. Some say it’s the way of the future. Others that it’s just a PR stunt. Who’s right?

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Milbank tweed harvard law school

More than a hundred years ago, an ambitious business lawyer developed a new way to organize a law firm. The firm combined teams of specialized lawyers with an incentive structure that rewarded efficiency and high-quality work. The coordination of skill and effort enable the firm to handle large, complex legal matters and obtain excellent, cost-effective […]

Milbank Tweed’s new initiative – dubbed Milbank@Harvard – has created high interest among attorneys. Some say it’s the way of the future. Others that it’s just a PR stunt. Who’s right? Read More »

Now that Osama bin Laden is dead the inevitable questions arise as to whether the killing was legal or not? Was it? Do we care? Has the US stance on such matters changed?

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Osama bin laden

Osama bin Laden was killed, not captured. If he had been taken into custody, what followed would have been the most complex and wrenching legal proceeding in American history. The difficulties would have been endless: military tribunal or criminal trial? Abroad—at Guantánamo?—or inside the United States? Would bin Laden have been granted access to the

Now that Osama bin Laden is dead the inevitable questions arise as to whether the killing was legal or not? Was it? Do we care? Has the US stance on such matters changed? Read More »

The Law School Admissions Test is a rite of passage for aspiring lawyers, but could go from mandatory to voluntary under proposed changes to the American Bar Association’s law school accreditation standards.

Law Firms /

The Law School Admissions Test is a rite of passage for aspiring lawyers, but could go from mandatory to voluntary under proposed changes to the American Bar Association’s law school accreditation standards. The committee reviewing the standards is leaning toward dropping the rule that law schools require J.D. applicants to take a “valid and reliable

The Law School Admissions Test is a rite of passage for aspiring lawyers, but could go from mandatory to voluntary under proposed changes to the American Bar Association’s law school accreditation standards. Read More »

Holiday season at most law firms means year-end bonuses and perhaps a nice dinner at which partners pick up the check.But things were a little different at Century City law firm Glancy Binkow & Goldberg, a former employee alleges in a recent sexual harassment and wrongful-termination lawsuit.

Law Firms /
Lawsuit

Holiday season at most law firms means year-end bonuses and perhaps a nice dinner at which partners pick up the check. But things were a little different at Century City law firm Glancy Binkow & Goldberg, a former employee alleges in a recent sexual harassment and wrongful-termination lawsuit. At the conclusion of the law firm’s

Holiday season at most law firms means year-end bonuses and perhaps a nice dinner at which partners pick up the check.But things were a little different at Century City law firm Glancy Binkow & Goldberg, a former employee alleges in a recent sexual harassment and wrongful-termination lawsuit. Read More »

Litigation powerhouse Boies Schiller will pay its associates awards averaging “over $75,000” for lawyers who’ve been with the firm for at least a year to “more than $200,000” for the “highest-performing” associates.

Law Firms /

Boies, Schiller & Flexner has moved well ahead of the law firm pack in this year’s bonus race. As reported early Wednesday by Above the Law, the litigation powerhouse will pay its associates awards averaging “over $75,000” for lawyers who’ve been with the firm for at least a year to “more than $200,000” for the

Litigation powerhouse Boies Schiller will pay its associates awards averaging “over $75,000” for lawyers who’ve been with the firm for at least a year to “more than $200,000” for the “highest-performing” associates. Read More »

The trustee liquidating Bernard L. Madoff’s investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.

Law Firms /
Kohn

The trustee liquidating Bernard L. Madoff’s investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history. Irving Picard filed hundreds of lawsuits against banks, feeder funds, investors and others alleged to

The trustee liquidating Bernard L. Madoff’s investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history. Read More »

The international flair of the Securities and Exchange Commission continued on Wednesday when it filed suit against unnamed investors who bought Wimm-Bill-Dann Foods shares in the days before the PepsiCo agreed to buy the Russian beverage company.

Law Firms /

The international flair of the Securities and Exchange Commission continued on Wednesday when it filed suit against unnamed investors who bought Wimm-Bill-Dann Foods shares in the days before the PepsiCo agreed to buy the Russian beverage company. As DealBook pointed out last week, the agency increasingly is going global with its insider trading cases. The

The international flair of the Securities and Exchange Commission continued on Wednesday when it filed suit against unnamed investors who bought Wimm-Bill-Dann Foods shares in the days before the PepsiCo agreed to buy the Russian beverage company. Read More »

Milbank, Tweed, Hadley & McCloy on Wednesday sent associates off on their Thanksgiving weekend with news that they will receive bonuses that matched the rates Cravath, Swaine & Moore announced on Monday.

Law Firms /

Milbank, Tweed, Hadley & McCloy on Wednesday sent associates off on their Thanksgiving weekend with news that they will receive bonuses that matched the rates Cravath, Swaine & Moore announced on Monday. Associates will receive bonuses of $7,500 to $35,000 depending on their class year, according to a memo to associates obtained by the New

Milbank, Tweed, Hadley & McCloy on Wednesday sent associates off on their Thanksgiving weekend with news that they will receive bonuses that matched the rates Cravath, Swaine & Moore announced on Monday. Read More »

Wednesday was not a good day for former U.S. House Majority Leader Tom DeLay, who was found guilty on charges of money laundering and conspiracy.

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Tom delay

Former U.S. House Majority Leader Tom DeLay argued throughout his trial that the deck was stacked against him by a politically motivated prosecutor and a jury from the most Democratic city in one of the most Republican states. But following DeLay’s conviction Wednesday on money laundering and conspiracy charges, some legal experts say the edge

Wednesday was not a good day for former U.S. House Majority Leader Tom DeLay, who was found guilty on charges of money laundering and conspiracy. Read More »

Bellwether legal shop Cravath Swain & Moore announces year-end payouts of $7,500 to $35,000, same as last year. Why flat may be the new up in the legal biz.

Law Firms /
Bonuses

Bellwether legal shop Cravath Swain & Moore announces year-end payouts of $7,500 to $35,000, same as last year. Why flat may be the new up in the legal biz. While some quarters of Wall Street may see big bonuses this year, law firms are looking at a more subdued size of paycheck. The first firm

Bellwether legal shop Cravath Swain & Moore announces year-end payouts of $7,500 to $35,000, same as last year. Why flat may be the new up in the legal biz. Read More »

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