Law Firms

It seems you can make big bucks helping others. The people responsible for liquidating Bernie Madoff’s assets and distributing the proceeds to victims of his Ponzi scheme are on track to earn more than $37.7 million for less than a year’s work. Yesterday, bankruptcy trustee Irving Picard and his law firm, Baker & Hostetler, asked […]

The combined Hogan Lovells is set to maintain separate profit pools and accounting years as part of the proposed structure to unite Lovells and Hogan & Hartson. As partners at Lovells and Hogan met this week to discuss the planned trans-Atlantic merger in depth, more details have emerged of the structure of the deal, which

Ranking law schools and law firms. All of a sudden, everyone’s doing it. A universe that used to contain one member, it seems — U.S. News & World Report — has suddenly gotten a lot more crowded. Princeton Review now ranks the law schools. The American Lawyer, with its annual A-List ranking, provides a ranking

German prosecutors have indicted a 90-year-old man on 58 counts of murder over his suspected role in the March 1945 massacre of a group of Jewish laborers near the Austrian village of Deutsch Schützen. An Austrian student discovered the 90-year-old’s name while researching the killings. The court has identified the suspect only as “a retiree

As Maj. Nidal Malik Hasan lay under heavy guard at Fort Sam Houston on Sunday, military prosecutors and the accused Fort Hood gunman’s family were preparing for what could be a long and complicated legal proceeding. Military justice experts told the Houston Chronicle that Hasan, if he recovers, could face the death penalty in a

When attorney-client privilege law first developed, carbon paper was considered cutting-edge technology. Today, technological advances allow lawyers to communicate with their clients in ways that would make Buck Rogers envious. All that new technology, however, poses some difficult questions about the attorney-client privilege. With everyone e-mailing, texting and talking on mobile devices, in-house counsel may

Imagine a supervisor making an inappropriate remark to one of his direct reports in an after-hours conversation. If he made the comment verbally, and the employee then reported it to the supervisor’s employer, any resulting litigation would have involved the usual “he said, she said” situation, in which lawyers would have challenged the employee’s credibility.

What’s the cost of not showing up to court? For PepsiCo Inc., it’s a $1.26 billion default judgment. A Wisconsin state court socked the company with the monster award in a case alleging that PepsiCo stole the idea to bottle and sell purified water from two Wisconsin men. Now the company is scrambling to salvage