Law Firms

For the first time the law firms in the Am Law 100 showed five consecutive years of better-than-average growth in both revenue per lawyer, the key measure of law firm financial success, and profits per partner, the metric that has turned law firm managers into contortionists.

It was fun while it lasted. In 2007, The Am Law 100 — the top-grossing law firms in the United States — finished the best sustained growth spurt since The American Lawyer began tracking firm financials in 1984. For the first time, the firms showed five consecutive years of better-than-average growth in both revenue per […]

For the first time the law firms in the Am Law 100 showed five consecutive years of better-than-average growth in both revenue per lawyer, the key measure of law firm financial success, and profits per partner, the metric that has turned law firm managers into contortionists. Read More »

Indicted U.S. law firm Milberg LLP is in settlement talks with federal prosecutors to resolve a long-running criminal case involving accusations it paid illegal kickbacks to clients, sources close to the talks said on Tuesday.

Indicted U.S. law firm Milberg LLP is in settlement talks with federal prosecutors to resolve a long-running criminal case involving accusations it paid illegal kickbacks to clients, sources close to the talks said on Tuesday. New York-based Milberg, scheduled to go on trial in August, is discussing ways to resolve the case with the U.S.

Indicted U.S. law firm Milberg LLP is in settlement talks with federal prosecutors to resolve a long-running criminal case involving accusations it paid illegal kickbacks to clients, sources close to the talks said on Tuesday. Read More »

Tariq Aziz, who for years was the public diplomatic face of Saddam Hussein’s regime, went on trial in Baghdad on Tuesday facing charges over the execution of Iraqi merchants during the Baathist era.

Tariq Aziz, who for years was the public diplomatic face of Saddam Hussein’s regime, went on trial in Baghdad on Tuesday facing charges over the execution of Iraqi merchants during the Baathist era. Mr. Aziz, 72, who was deputy prime minister under Mr. Hussein, looked frail as he entered the court carrying a walking stick.

Tariq Aziz, who for years was the public diplomatic face of Saddam Hussein’s regime, went on trial in Baghdad on Tuesday facing charges over the execution of Iraqi merchants during the Baathist era. Read More »

With his joint appearance alongside Bill Cosby on Thursday night, Fulton County Superior Court Judge Marvin Arrington continues an arc that is bringing growing fame as one of the newest voices calling — or shouting — for a renewed focus on self-respect and education among the black youth that too often end up in his courtroom.

With his joint appearance alongside Bill Cosby on Thursday night, Fulton County Superior Court Judge Marvin Arrington continues an arc that is bringing growing fame as one of the newest voices calling — or shouting — for a renewed focus on self-respect and education among the black youth that too often end up in his

With his joint appearance alongside Bill Cosby on Thursday night, Fulton County Superior Court Judge Marvin Arrington continues an arc that is bringing growing fame as one of the newest voices calling — or shouting — for a renewed focus on self-respect and education among the black youth that too often end up in his courtroom. Read More »

The FBI director and a Republican congressman sketched out a far-reaching plan this week for warrantless surveillance of the Internet.

The FBI director and a Republican congressman sketched out a far-reaching plan this week for warrantless surveillance of the Internet. During a House of Representatives Judiciary Committee hearing, the FBI’s Robert Mueller and Rep. Darrell Issa of California talked about what amounts to a two-step approach. Step 1 involves asking Internet service providers to open

The FBI director and a Republican congressman sketched out a far-reaching plan this week for warrantless surveillance of the Internet. Read More »

The letters of jailed Cosa Nostra boss Bernardo Provenzano are full of insights into his leadership style. The result could be a how-to manual for company directors. Clare Longrigg opens the mafiosi’s management handbook

They’re violent, they’re ruthless, they have caused misery to many, but you can’t fault their business sense: mafia bosses know how to make a profit. Its practices may be largely illegal, but Cosa Nostra is not as retrograde, or conservative, as it has often been portrayed. Its raison d’etre is profit. Like any business, it

The letters of jailed Cosa Nostra boss Bernardo Provenzano are full of insights into his leadership style. The result could be a how-to manual for company directors. Clare Longrigg opens the mafiosi’s management handbook Read More »

UK Bank customers could be in line for a £1 billion refund after a significant ruling in the High Court over unfair charges.

Bank customers could be in line for a £1 billion refund after a significant ruling in the High Court over unfair charges. The charges made for going overdrawn and bouncing a cheque were found to come under “unfair contract” rules, raising the prospect banks will have to repay millions of account holders. Consumer groups hailed

UK Bank customers could be in line for a £1 billion refund after a significant ruling in the High Court over unfair charges. Read More »

The United States has less than 5 percent of the world’s population. But it has almost a quarter of the world’s prisoners.

The United States has less than 5 percent of the world’s population. But it has almost a quarter of the world’s prisoners. Indeed, the United States leads the world in producing prisoners, a reflection of a relatively recent and now entirely distinctive American approach to crime and punishment. Americans are locked up for crimes —

The United States has less than 5 percent of the world’s population. But it has almost a quarter of the world’s prisoners. Read More »

Former White House aide Karl Rove has been implicated in the prosecution of politically-connected Chicago businessman Antoin Rezko, with suggestions that Rove was in discussions to remove US attorney Patrick Fitzgerald.

A possible witness in the federal trial against Antoin “Tony” Rezko would testify that former White House aide Karl Rove was involved in discussions to remove U.S. attorney Patrick Fitzgerald from the brewing case against the politically-connected Chicago businessman, prosecutors reportedly said Wednesday morning. The conversations are alleged to have occurred in 2004, prosecutors told

Former White House aide Karl Rove has been implicated in the prosecution of politically-connected Chicago businessman Antoin Rezko, with suggestions that Rove was in discussions to remove US attorney Patrick Fitzgerald. Read More »

Delaware’s legal system ranked the best and West Virginia’s the worst in a U.S. Chamber of Commerce survey of corporate lawyers who rated less than half of U.S. state courts as “excellent” or “pretty good.”

Delaware’s legal system ranked the best and West Virginia’s the worst in a U.S. Chamber of Commerce survey of corporate lawyers who rated less than half of U.S. state courts as “excellent” or “pretty good.” Nebraska, Maine, Indiana and Utah were in the top-five with Delaware, which has been highest on the business lobbying group’s

Delaware’s legal system ranked the best and West Virginia’s the worst in a U.S. Chamber of Commerce survey of corporate lawyers who rated less than half of U.S. state courts as “excellent” or “pretty good.” Read More »

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