Law Firms

To redress what it terms a “persistent lack of diversity” in the legal profession, one of the nation’s largest corporate law firms will commit $9.6 million over the next decade toward an honors program designed to encourage and support minority students at the City College of New York to become attorneys. The Skadden, Arps, Slate, […]

Citigroup Inc has won the dismissal of much of a multibillion-dollar New Jersey lawsuit over its alleged role in the 2003 collapse of Parmalat SpA, the Italian food company. The largest U.S. bank still faces a May 5 jury trial in the case. But Tuesday’s ruling by Judge Jonathan Harris of Bergen County Superior Court

This is a very meritocratic environment,” says Kathy Honeywood, a corporate partner at Clifford Chance. “I have never come across any direct discrimination because I’m a woman,” reports Claire Smith at The Times. Nevertheless, in a notoriously male-dominated sector, Honeywood often finds herself the only woman around the meeting table. Fifty-one per cent of solicitors

Robert K. Steel leans forward, speaking in a rapid, excitable burst about the powers that a superregulator might wield over Wall Street one day. “It will have the license to go everywhere: private equity funds, investment banks, hedge funds,” Mr. Steel, the under secretary of the Treasury for domestic finance, said in an interview last

The famously shy Harry Potter author had to ask for a glass of water to regain her composure when asked to describe what her seven-book series meant to her. “I really don’t want to cry because I’m British. It means setting aside my children and everything,” she said. “These characters meant so much to me

Cleary Gottlieb Steen & Hamilton, a 950-lawyer New York firm, got the job when bankers needed deal- savvy attorneys to help launch a $3 billion sale of shares in Reliance Power Ltd., India’s third-largest utility. As the credit crisis drove first-quarter U.S. mergers and acquisitions down 54 percent to $248.1 billion from $536.3 billion last

“There is not room for more than one Slaughter and May in London,” suggests David Morley, senior partner-elect at Allen & Overy. “It’s a fantastic firm, but they’re quite a bit smaller than us now. That brings its own challenges: they don’t do the same volume of deals, they don’t appear at the top of

Attorney fees of more than $412 million were awarded Monday to plaintiffs lawyers from more than 70 firms for their work on the massive fen-phen diet-drug litigation, marking the beginning of the end of the “super-mega-fund” class action. In a 125-page opinion in In re Diet Drugs, Chief U.S. District Judge Harvey Bartle III said

London’s police force is considering whether to investigate former royal butler Paul Burrell for alleged perjury, officials confirmed Wednesday. Although the judge who led a six-month inquest into the deaths of Princess Diana and Dodi Fayed decided against asking for a police investigation of Burrell, the force said an unidentified person had filed a complaint.

By the time most law students have finished the first year of law school, they’ve had the responses “yes” and “no” surgically excised from their thoughts and replaced by the signature American legalism–“it depends.” And it does. Any attorney worth his salt knows a client’s fate frequently depends on the location of the courthouse deciding