Law Firms

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

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 »

Philadelphia attorney Stephen Sheller has won a record-making $1.4 billion settlement for wrongful termination.

Sheller

Stephen Sheller, a Philadelphia-based plaintiffs lawyer, was on the phone with Nina Gussack of Pepper Hamilton on Wednesday at 2 p.m. hammering out the final details of a record-making settlement against Eli Lilly & Co. for its fraudulent marketing of the antipsychotic drug Zyprexa. The two lawyers were discussing claims brought by six whistle-blowers, all

Philadelphia attorney Stephen Sheller has won a record-making $1.4 billion settlement for wrongful termination. Read More »

Clifford Chance, the world’s biggest law firm by revenue, today threw down a challenge to rivals eyeing the coveted Indian legal market after announcing a tie-up with AZB, one of the country’s top law firms.

Cliffordchance

Clifford Chance, the world’s biggest law firm by revenue, today threw down a challenge to rivals eyeing the coveted Indian legal market after announcing a tie-up with AZB, one of the country’s top law firms. Under the “best friends” alliance — reminiscent of Slaughter and May’s informal ties with several of Europe’s leading law firms

Clifford Chance, the world’s biggest law firm by revenue, today threw down a challenge to rivals eyeing the coveted Indian legal market after announcing a tie-up with AZB, one of the country’s top law firms. Read More »

As experts predict the biggest boom in bankruptcy matters in 20 years, the practice niche is a hot hiring area.

As experts predict the biggest boom in bankruptcy matters in 20 years, the practice niche is a hot hiring area. Among those who have suddenly jumped the law firm fence to potentially greener pastures elsewhere are O’Melveny & Myers restructuring co-chair Michael Sage, who moved to Dechert on Monday, and Cadwalader, Wickersham & Taft restructuring

As experts predict the biggest boom in bankruptcy matters in 20 years, the practice niche is a hot hiring area. Read More »

Clifford Chance, the world’s largest law firm, is seeking an average of £100,000 from each of its 400 equity partners to raise more than £40 million for the firm.

Cliffordchance

Clifford Chance, the world’s largest law firm, is seeking an average of £100,000 from each of its 400 equity partners to raise more than £40 million for the firm. The capital call, approved by special vote, is the most dramatic sign yet of the measures that leading law firms are taking to secure their financial

Clifford Chance, the world’s largest law firm, is seeking an average of £100,000 from each of its 400 equity partners to raise more than £40 million for the firm. Read More »

Bernard Madoff had sitting in his desk about 100 checks totaling some $170 million ready to send to family, friends and employees when he was arrested for a Ponzi scheme that cost investors tens of billions of dollars, a prosecutor said Wednesday.

Bernard Madoff had sitting in his desk about 100 checks totaling some $170 million ready to send to family, friends and employees when he was arrested for a Ponzi scheme that cost investors tens of billions of dollars, a prosecutor said Wednesday. Assistant U.S. Attorney Marc Litt told Magistrate Judge Ronald Ellis in a letter

Bernard Madoff had sitting in his desk about 100 checks totaling some $170 million ready to send to family, friends and employees when he was arrested for a Ponzi scheme that cost investors tens of billions of dollars, a prosecutor said Wednesday. Read More »

Cass Sunstein, a leading constitutional scholar, said on Thursday he had agreed to take the post of regulatory czar in the incoming Obama administration, overseeing all governmental regulations.

Casssunstein

Cass Sunstein, a leading constitutional scholar, said on Thursday he had agreed to take the post of regulatory czar in the incoming Obama administration, overseeing all governmental regulations. The Harvard Law School professor will lead the White House Office of Information and Regulatory Affairs, an agency expected to assume a big role in Washington following

Cass Sunstein, a leading constitutional scholar, said on Thursday he had agreed to take the post of regulatory czar in the incoming Obama administration, overseeing all governmental regulations. Read More »

While it might be a bit much to compare Yan Yiming to the unknown protestor who stared down a column of tanks in Tiananmen Square in June 1989, the 44-year-old commercial litigator from Shanghai certainly isn’t lacking in the courage department.

Chinalaw

While it might be a bit much to compare Yan Yiming to the unknown protestor who stared down a column of tanks in Tiananmen Square in June 1989, the 44-year-old commercial litigator from Shanghai certainly isn’t lacking in the courage department. Yan forged a reputation for being unafraid to take on the corrupt practices of

While it might be a bit much to compare Yan Yiming to the unknown protestor who stared down a column of tanks in Tiananmen Square in June 1989, the 44-year-old commercial litigator from Shanghai certainly isn’t lacking in the courage department. Read More »

U.S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail.

U.S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail. A lawyer for investment adviser Madoff, who made his first court appearance since his December 11 arrest on a charge of

U.S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail. Read More »

Linklaters, the UK based law firm, has claimed first place in a global mergers and acquisitions league table ousting US rival Sullivan & Cromwell, which has held the top spot for the past four years.

Linklaters, the UK based law firm, has claimed first place in a global mergers and acquisitions league table ousting US rival Sullivan & Cromwell, which has held the top spot for the past four years. Roles on four of the ten biggest M&A deals of 2008 – including InBev’s $60.8 billion takeover of Anheuser-Busch, the

Linklaters, the UK based law firm, has claimed first place in a global mergers and acquisitions league table ousting US rival Sullivan & Cromwell, which has held the top spot for the past four years. Read More »

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