Law Firms

In his new book, ‘The Associate’, John Grisham brings us deep inside the brutalizing subculture of young associates working like dogs for high-end law firms: “brutal hours, sadistic bosses, unbearable pressure – it was all part of the blue-chip law firm experience.”

Law Firms /

In John Grisham’s classic legal thriller “The Firm,” published in 1991, ambitious young lawyer Mitch McDeere signs on with a prestigious law firm only to find himself caught in a world of deception and danger. In “The Associate” (his 22d book), Grisham entertainingly returns to the theme of a young lawyer seemingly in over his […]

In his new book, ‘The Associate’, John Grisham brings us deep inside the brutalizing subculture of young associates working like dogs for high-end law firms: “brutal hours, sadistic bosses, unbearable pressure – it was all part of the blue-chip law firm experience.” Read More »

Skadden. The name, terse and uncompromising, symbolizes the most rarefied levels of corporate law, where clients throw platoons of attorneys at a problem and barely blink at the resulting $50,000-an-hour bills.

Law Firms /

Skadden. The name, terse and uncompromising, symbolizes the most rarefied levels of corporate law, where clients throw platoons of attorneys at a problem and barely blink at the resulting $50,000-an-hour bills. With 1,700 attorneys and $2.2 billion in fees last year, New York’s Skadden, Arps, Slate, Meagher & Flom is the biggest U.S. law firm

Skadden. The name, terse and uncompromising, symbolizes the most rarefied levels of corporate law, where clients throw platoons of attorneys at a problem and barely blink at the resulting $50,000-an-hour bills. Read More »

Two Fort Lauderdale, Fla., attorneys indicted in a nearly $1 billion Ponzi scheme known as Mutual Benefits are anything but fly-by-night hucksters known to be associated with the worn pyramid con.

Law Firms /

Two Fort Lauderdale, Fla., attorneys indicted in a nearly $1 billion Ponzi scheme known as Mutual Benefits are anything but fly-by-night hucksters known to be associated with the worn pyramid con. Michael McNerney and Anthony Livoti Jr. are well-respected advocates and have been fixtures in the legal community for decades. McNerney served as chairman of

Two Fort Lauderdale, Fla., attorneys indicted in a nearly $1 billion Ponzi scheme known as Mutual Benefits are anything but fly-by-night hucksters known to be associated with the worn pyramid con. Read More »

The Economist magazine takes a look at the law in America – a wonderful thing, they comment, but can you have too much of a wonderful thing?

Law Firms /
Law

Americans are still chuckling about the “pants suit”. A man—a judge, no less—sued his dry cleaners for $54m for allegedly losing his trousers. A sign at the shop promised “Satisfaction Guaranteed”. The plaintiff was not satisfied, so he cried fraud. He then used his highly trained legal brain to calculate the damages he was owed.

The Economist magazine takes a look at the law in America – a wonderful thing, they comment, but can you have too much of a wonderful thing? Read More »

Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday.

Law Firms /
Smallface

Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday. The 725-lawyer firm cut associates, including some who had just started this fall, and three special counsel. Practice areas most affected by the layoffs are those being hardest hit in the economic downturn: corporate, transactional and public securities, the firm said.

Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday. Read More »

Barack Obama took the 35-word oath of office Tuesday to become the United States’ 44th president — even if he may have been led to utter the historic words in the wrong order.

Law Firms /
Obamaoath

Barack Obama took the 35-word oath of office Tuesday to become the United States’ 44th president — even if he may have been led to utter the historic words in the wrong order. Obama was sworn in by Supreme Court Chief Justice John Roberts, resting his left hand on Abraham Lincoln’s Bible and raising his

Barack Obama took the 35-word oath of office Tuesday to become the United States’ 44th president — even if he may have been led to utter the historic words in the wrong order. Read More »

“You rolled the dice that you’d win, and you lost.” That’s what Magistrate Judge John M. Facciola told lawyers for the Bush administration at a hearing on Wednesday afternoon in the ongoing case over millions of missing White House emails.

Law Firms /
Bushcomputer

“You rolled the dice that you’d win, and you lost.” That’s what Magistrate Judge John M. Facciola told lawyers for the Bush administration at a hearing on Wednesday afternoon in the ongoing case over millions of missing White House emails. By this he meant that if the White House had followed the recommendations that the

“You rolled the dice that you’d win, and you lost.” That’s what Magistrate Judge John M. Facciola told lawyers for the Bush administration at a hearing on Wednesday afternoon in the ongoing case over millions of missing White House emails. Read More »

Human Rights Lawyer Stanislav Markelov had fought the release of a colonel who killed a Chechnya woman. His shooting by a masked gunman means ‘anybody can be killed . . . in broad daylight,’ his supporters say.

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Stanislav

A masked assassin with a silencer on his gun crept up behind Stanislav Markelov, a human rights lawyer with an insurgent spirit and a penchant for underdogs, and shot him dead in broad daylight today. A freelance reporter with Russia’s Novaya Gazeta newspaper was also killed in the attack. Markelov had just given a news

Human Rights Lawyer Stanislav Markelov had fought the release of a colonel who killed a Chechnya woman. His shooting by a masked gunman means ‘anybody can be killed . . . in broad daylight,’ his supporters say. Read More »

The failure of big law firms sets bankers – and other lawyers – at the door of firms just like any other failed business, as BusinessWeek reports.

Law Firms /
Law

Plenty of homeowners have discovered in the past couple of years what it means to be overextended with their banks. Recently some big law firms have learned a similar lesson. Borrowing to fund operating expenses and expansion, they suddenly found nervous bankers at their doorsteps at the earliest sign that their businesses appeared to be

The failure of big law firms sets bankers – and other lawyers – at the door of firms just like any other failed business, as BusinessWeek reports. Read More »

Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said.

Law Firms /
Dreier

Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said. Dreier, who is being held in jail on fraud charges, yesterday filed a

Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said. Read More »

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