Law Firms

Bonuses among the white-shoe Wall Street firms are permitting second year associates earn more than the US Chief Justice John Roberts. Why the irrational copycat bonus-for-bonus matching? The NY Times Andrew Sorkin reports.

Bonuses on Wall Street are going to be bad this year, except if you work at Goldman Sachs. Or, oddly enough, if you’re an associate at a white-shoe law firm. (Granted, the scale of banking bonuses is in a rarefied class of its very own, even when compared with law firms, but bear with me). […]

Bonuses among the white-shoe Wall Street firms are permitting second year associates earn more than the US Chief Justice John Roberts. Why the irrational copycat bonus-for-bonus matching? The NY Times Andrew Sorkin reports. Read More »

Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom have emerged as the top U.S. law firms in European M&A over the last three years.

Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom have emerged as the top U.S. law firms in European M&A over the last three years, according to research produced for Legal Week that shows the pair have worked on the highest value of deals over the period. Sullivan ranked first in the value tables

Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom have emerged as the top U.S. law firms in European M&A over the last three years. Read More »

A US federal appeals court yesterday threw out a hard-fought agreement between publishers and freelance writers to pay the writers for electronic reproduction of their work.

A federal appeals court yesterday threw out a hard-fought agreement between publishers and freelance writers to pay the writers for electronic reproduction of their work. In a 2-to-1 decision, an appellate panel ruled that the courts had no jurisdiction over the copyright dispute and that a lower court erred in accepting the writers’ lawsuit and

A US federal appeals court yesterday threw out a hard-fought agreement between publishers and freelance writers to pay the writers for electronic reproduction of their work. Read More »

A federal grand jury today indicted one of the nation’s most successful trial lawyers, Richard F. Scruggs, on criminal charges that he and other lawyers engaged in a scheme to bribe a judge.

A federal grand jury today indicted one of the nation’s most successful trial lawyers, Richard F. Scruggs, on criminal charges that he and other lawyers engaged in a scheme to bribe a judge. A 13-page indictment accuses Mr. Scruggs, along with his son and law partner, Zach Scruggs, and three other lawyers, of conspiring to

A federal grand jury today indicted one of the nation’s most successful trial lawyers, Richard F. Scruggs, on criminal charges that he and other lawyers engaged in a scheme to bribe a judge. Read More »

India is an enticingly lucrative yet frustrating market for international law firms. Growing hugely it remains highly politicised and local firms are keen to protect their turf.

Mention India to a lawyer at any sizeable British firm and you are guaranteed an animated response. India, they will tell you, deservedly boasts of its long democratic history, progressive values and bright future as one of the world’s great economic powers. But when it comes to the practice of law, British lawyers say, it

India is an enticingly lucrative yet frustrating market for international law firms. Growing hugely it remains highly politicised and local firms are keen to protect their turf. Read More »

Fee income is up; profits per partner is up – the only thing showing a slight slow down is the rate of growth in profits for partners at the UK’s top law firms, a survey from PriceWaterhouseCoopers shows.

Fee income among the UK’s top 25 law firms have continued to show strong growth, while profits per partner have also increased, albeit at a lower rate than a year ago. The 16th annual law firms’ survey from PricewaterhouseCoopers (PwC) found that as well as benefiting from a buoyant UK economy, firms have also enjoyed

Fee income is up; profits per partner is up – the only thing showing a slight slow down is the rate of growth in profits for partners at the UK’s top law firms, a survey from PriceWaterhouseCoopers shows. Read More »

A bill that would ease curbs on former Baathists was presented to Iraq’s parliament on Sunday, but a row quickly erupted and forced postponement of debate on a draft law seen as vital to fostering national reconciliation.

A bill that would ease curbs on former Baathists was presented to Iraq’s parliament on Sunday, but a row quickly erupted and forced postponement of debate on a draft law seen as vital to fostering national reconciliation. It was the first time parliament had taken up any major bills this year that Washington believes will

A bill that would ease curbs on former Baathists was presented to Iraq’s parliament on Sunday, but a row quickly erupted and forced postponement of debate on a draft law seen as vital to fostering national reconciliation. Read More »

From hugs organized by the ‘happiness committee’ to laptops, blackberries, late night rides, beer-and-pretzel fests and money. They’re all the benefits of being a sought-after lawyer in a Big Law firm.

Even lawyers need a hug. When workdays stretch into worknights and the pressure to meet the quota for billable hours grows, lawyers and staff members at the firm of Perkins Coie can often expect a little bonus. In Perkins Coie’s Chicago office, members of the firm’s “happiness committee” recently left candied apples on everyone’s desks.

From hugs organized by the ‘happiness committee’ to laptops, blackberries, late night rides, beer-and-pretzel fests and money. They’re all the benefits of being a sought-after lawyer in a Big Law firm. Read More »

Class action law firm Coughlin Stoia is claiming nearly $700 million in legal fees for its work in helping investors to recoup losses from the Enron collapse.

A class action law firm is claiming almost $700 million in legal fees for its work helping investors to recoup losses from the collapse of Enron. If approved, it would be the largest legal pay day in history. Coughlin Stoia Geller Rudman & Robbins said that it had helped claimants to recover almost $7.3 billion,

Class action law firm Coughlin Stoia is claiming nearly $700 million in legal fees for its work in helping investors to recoup losses from the Enron collapse. Read More »

A Pakistani Supreme Court stacked with judges loyal to President Gen. Pervez Musharraf prepared for a final ruling Thursday on whether the general is eligible to be president.

A Pakistani Supreme Court stacked with judges loyal to President Gen. Pervez Musharraf prepared for a final ruling Thursday on whether the general is eligible to be president. The court, which Musharraf purged of independent-minded judges after he suspended the constitution Nov. 3, was widely expected to clear a last legal hurdle for Musharraf to

A Pakistani Supreme Court stacked with judges loyal to President Gen. Pervez Musharraf prepared for a final ruling Thursday on whether the general is eligible to be president. Read More »

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