Law Firms - - Page 291

The Securities and Exchange Commission accused Robert Allen Stanford, the chief of the Stanford Financial Group, on Tuesday of conducting “a massive ongoing fraud” in the sale of about $8 billion of high-yielding certificates of deposit.

Law Firms / February 17, 2009

The Securities and Exchange Commission accused Robert Allen Stanford (pictured), the chief of the Stanford Financial Group, on Tuesday of conducting “a massive ongoing fraud” in the sale of about $8 billion of high-yielding certificates of deposit held in the firm’s bank in Antigua. Also named in the suit were two other executives and some […]

The Securities and Exchange Commission accused Robert Allen Stanford, the chief of the Stanford Financial Group, on Tuesday of conducting “a massive ongoing fraud” in the sale of about $8 billion of high-yielding certificates of deposit. Read More »

If present trends continue in the big firm market, we are heading toward — you pick the cliche — a paradigm-shifting, blood-in-the-suites, terror-on-the-campus hiring and retention crisis.

Law Firms / February 16, 2009

If present trends continue in the big firm market, we are heading toward — you pick the cliche — a paradigm-shifting, blood-in-the-suites, terror-on-the-campus hiring and retention crisis. The “economic reset” that General Electric’s Jeffrey Immelt has tagged seems likely to force changes in the way firms recruit, pay and/or retain their lawyers. The market for

The ‘AboveTheLaw’ blog has been doing the tallying, but the wreckage from the recession is taking its heaviest toll ever among the Big Law firms.

Law Firms / February 12, 2009

The ‘AboveTheLaw’ blog has been doing the tallying, but the wreckage from the recession is taking its heaviest toll ever among the Big Law firms. DLA Piper announced it was laying off 80 lawyers and 100 staff members in the U.S. Goodwin Procter announced it was cutting 36 lawyers and 38 staff members Dechert cut

The ‘AboveTheLaw’ blog has been doing the tallying, but the wreckage from the recession is taking its heaviest toll ever among the Big Law firms. Read More »

It was supposed to be a deadly secret – until an over-zealous law firm’s PR department let the cat out of the bag.

Law Firms / February 11, 2009

When social networking site Facebook settled a lawsuit with ConnectU, a social networking site Facebook creator Mark Zuckerburg worked on, the terms of the deal were supposed to stay secret. But thanks to one law firm’s overzealous PR department, the $65 million cat is out of the bag. If the law firm of Quinn Emanuel,

It was supposed to be a deadly secret – until an over-zealous law firm’s PR department let the cat out of the bag. Read More »

Fear of layoffs has more lawyers giving up business casual and returning to business suits and tasteful accessories, according to at least one consultant.

Law Firms / February 9, 2009

At law firm Bickel & Brewer, even the mailroom clerks wear suits and ties. Until recently, that might have been considered extreme. But now, power dressing is coming back in style, and the old-school law firm has a new relevance. As law-firm layoffs mount, fear of unemployment appears to be speeding up the resurgence of

Fear of layoffs has more lawyers giving up business casual and returning to business suits and tasteful accessories, according to at least one consultant. Read More »

Former Assistant U.S. Attorney Robert Khuzami is being considered for the Securities and Exchange Commission’s top enforcement position, one source familiar with the matter said on Saturday.

Law Firms / February 7, 2009

Former Assistant U.S. Attorney Robert Khuzami is being considered for the Securities and Exchange Commission’s top enforcement position, one source familiar with the matter said on Saturday. The SEC’s new chairman, Mary Schapiro, has been looking for a “tough” prosecutor to restore the agency’s reputation as Wall Street’s top cop and an announcement could come

Whether they worked at Heller or Thelen–or were pushed out at other firms–some partners didn’t have a choice about finding a new job. The American Lawyer reports on a new phenomenon.

Law Firms / February 4, 2009

Anne Pitter practiced with the same group of corporate attorneys for 15 years. They stayed together even as the name on the door changed: Baer Marks & Upham merged into Brown Raysman Millstein Felder & Steiner, and Brown Raysman merged into Thelen Reid Brown Raysman & Steiner. But when Thelen fell apart last fall, Pitter

Whether they worked at Heller or Thelen–or were pushed out at other firms–some partners didn’t have a choice about finding a new job. The American Lawyer reports on a new phenomenon. Read More »

The trustee overseeing the liquidation of Bernard Madoff’s brokerage plans to hire a British law firm to help in the international hunt for missing investor assets linked to the purported $50 billion fraud.

Law Firms / February 3, 2009

The trustee overseeing the liquidation of Bernard Madoff’s brokerage plans to hire a British law firm to help in the international hunt for missing investor assets linked to the purported $50 billion fraud. Lovells LLP has been asked to serve as special counsel in foreign proceedings involving Madoff’s international business, according to a U.S. bankruptcy

In Philip K Howard’s view, our reliance on law, lawyers, and lawsuits has turned Americans into fat, neurotic cowards who “go through the day looking over their shoulder instead of where they want to go.”

Law Firms / February 1, 2009

Well, if Philip K. Howard, founder of Common Good and author of The Death of Common Sense, is right, the very last thing we want to be doing right now is watching as not one but two attorneys fill up all the sock drawers at the White House. In his new book, Life Without Lawyers:

In Philip K Howard’s view, our reliance on law, lawyers, and lawsuits has turned Americans into fat, neurotic cowards who “go through the day looking over their shoulder instead of where they want to go.” Read More »

Partners at K & L Gates and Chicago’s Bell Boyd & Lloyd are scheduled to vote Friday on whether to merge their two firms.

Law Firms / January 30, 2009

Partners at K & L Gates and Chicago’s Bell Boyd & Lloyd are scheduled to vote Friday on whether to merge their two firms. The firms disclosed their talks in December. If approved, the merger would boost K&L Gates’ head count to 1,950 lawyers and expand its footprint to the Chicago market. It also would

Partners at K & L Gates and Chicago’s Bell Boyd & Lloyd are scheduled to vote Friday on whether to merge their two firms. Read More »