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The number of QC applicants – for the creme-de-la-creme role in British law – has dropped by a quarter compared to last year, according to figures published by the QC Appointments committee in Britain. How come?

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The number of QC applicants has dropped by a quarter compared to last year, according to figures published by the QC Appointments committee in Britain. A total of 333 barristers applied, compared to 443 in 2006. The fall in applications, however, had been expected by the Bar following last year’s massive 175 lawyers becoming silks. […]

The number of QC applicants – for the creme-de-la-creme role in British law – has dropped by a quarter compared to last year, according to figures published by the QC Appointments committee in Britain. How come? Read More »

Former SEC chairman turned hedge fund manager Richard Breeden is making headlines in the U.S. and Canada simultaneously. Negotiations with his activist hedge fund Breeden Capital have broken down after Breeden rejected the company’s offer of two board seats and he’s making headlines in Canada for his role in the case of Conrad Black, whose criminal fraud trial is expected to begin next week in Chicago. “The court-appointed “corporate monitor” at the collapsed WorldCom and an “adviser” to the special committee of Hollinger International, is on course to become the first corporate governance billionaire,” writes conservative Canadian columnist Mark Steyn in Macleans.

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A few years ago I used to know a fellow who produced all-star charity galas in New York and London for all the usual causes — AIDS, breast cancer, poverty in Africa, and so forth. All very worthy, I’m sure. Yet I used to feel a little queasy in his company: this man spent his

Former SEC chairman turned hedge fund manager Richard Breeden is making headlines in the U.S. and Canada simultaneously. Negotiations with his activist hedge fund Breeden Capital have broken down after Breeden rejected the company’s offer of two board seats and he’s making headlines in Canada for his role in the case of Conrad Black, whose criminal fraud trial is expected to begin next week in Chicago. “The court-appointed “corporate monitor” at the collapsed WorldCom and an “adviser” to the special committee of Hollinger International, is on course to become the first corporate governance billionaire,” writes conservative Canadian columnist Mark Steyn in Macleans. Read More »

By the end of last week, some of the most conservative Republican senators were publicly assailing the US Department of Justice’s handling of the matters relating to the termination of US Attorney positions. Some even suggested that Attorney General Alberto Gonzales might have to step down. And in an about-face, Gonzales said on March 8 that he would support a change in the law that would limit the attorney general’s ability to appoint interim U.S. Attorneys.

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When William Moschella sat down before a House subcommittee last week to discuss the firings of seven U.S. Attorneys in December, he was in full apology mode. “In hindsight,” said Moschella, a senior Justice Department official, “perhaps this situation could have been handled better.” What could be called the understatement of the week did little

By the end of last week, some of the most conservative Republican senators were publicly assailing the US Department of Justice’s handling of the matters relating to the termination of US Attorney positions. Some even suggested that Attorney General Alberto Gonzales might have to step down. And in an about-face, Gonzales said on March 8 that he would support a change in the law that would limit the attorney general’s ability to appoint interim U.S. Attorneys. Read More »

Question: What are the chances of a presidential pardon for Lewis ‘Scooter’ Libby? For all the unlicensed talk about a presidential pardon for Lewis “Scooter” Libby, President Bush is the one licensed player who hasn’t had much to say about the subject.

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For all the unlicensed talk about a presidential pardon for Lewis “Scooter” Libby, President Bush is the one licensed player who hasn’t had much to say about the subject. Until now. And this is one ambiguous answer. While Libby, the former chief of staff to Vice President Dick Cheney convicted of lying in a federal

Question: What are the chances of a presidential pardon for Lewis ‘Scooter’ Libby? For all the unlicensed talk about a presidential pardon for Lewis “Scooter” Libby, President Bush is the one licensed player who hasn’t had much to say about the subject. Read More »

Slaughter and May has been unique among the UK elite in shunning the global one-stop shop model of international expansion and in refusing to tinker with a partnership structure that has been in place since 1889. But when its financial year closes at the end of March, the firm will have set a record for profitability in the UK legal market. Already the only European firm among the world’s ten most profitable law firms, Slaughter and May’s top partners are set to pocket £2.5 million each.

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When its financial year closes at the end of March, Slaughter and May will have set a record for profitability in the UK legal market. Already the only European firm among the world’s ten most profitable law firms, Slaughter and May’s top partners are set to pocket £2.5 million each this year, a jump of

Slaughter and May has been unique among the UK elite in shunning the global one-stop shop model of international expansion and in refusing to tinker with a partnership structure that has been in place since 1889. But when its financial year closes at the end of March, the firm will have set a record for profitability in the UK legal market. Already the only European firm among the world’s ten most profitable law firms, Slaughter and May’s top partners are set to pocket £2.5 million each. Read More »

I. Lewis Libby Jr., the former chief of staff to Vice President Dick Cheney, was convicted on Tuesday of lying to a grand jury and to F.B.I. agents investigating the leak of the identity of a C.I.A. operative in the summer of 2003 amid a fierce public dispute over the war in Iraq.

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I. Lewis Libby Jr., the former chief of staff to Vice President Dick Cheney, was convicted on Tuesday of lying to a grand jury and to F.B.I. agents investigating the leak of the identity of a C.I.A. operative in the summer of 2003 amid a fierce public dispute over the war in Iraq. Mr. Libby,

I. Lewis Libby Jr., the former chief of staff to Vice President Dick Cheney, was convicted on Tuesday of lying to a grand jury and to F.B.I. agents investigating the leak of the identity of a C.I.A. operative in the summer of 2003 amid a fierce public dispute over the war in Iraq. Read More »

Greenberg Traurig is a law firm that has grown spectacularly over the last decade. But will the firm be thrown off track by wayward partners?

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In the course of a decade, Greenberg Traurig has had the kind of growth usually reserved for businesses that sell oil or iPods. Revenues are up by more than 880 percent from 1996, and in 2006 they topped the billion-dollar mark. Profits per partner have soared from $480,000 to $1.2 million. The firm has opened

Greenberg Traurig is a law firm that has grown spectacularly over the last decade. But will the firm be thrown off track by wayward partners? Read More »

Britain’s highest-paid woman, who paid herself £15.9 million in 2004, is embroiled in a bitter legal battle with two former workers that threatens to lay bare the secretive world of hedge funds.

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Britain’s highest-paid woman is embroiled in a bitter legal battle with two former workers that threatens to lay bare the secretive world of hedge funds. Ikos, the £1 billion company owned by Elena Ambrosiadou, is being sued for £26 million by Julian and Lucien Gover, 41-year-old twins who once held senior positions in it. They

Britain’s highest-paid woman, who paid herself £15.9 million in 2004, is embroiled in a bitter legal battle with two former workers that threatens to lay bare the secretive world of hedge funds. Read More »

The arrest of a prominent Greenwich attorney on charges of destroying evidence in a child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ behalf.

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The arrest of a prominent attorney on charges of destroying evidence in a child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ behalf. “Every criminal defense lawyer in the country has to be alarmed at the indictment,” said

The arrest of a prominent Greenwich attorney on charges of destroying evidence in a child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ behalf. Read More »

The Duke of Edinburgh could soon be forced to appoint lawyers to defend himself against allegations that he ‘masterminded’ the death of Diana, Princess of Wales.

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The Duke of Edinburgh could soon be forced to appoint lawyers to defend himself against allegations that he ‘masterminded’ the death of Diana, Princess of Wales. A High Court ruling on Friday that the inquest into the deaths of Diana and her lover, Dodi Fayed, should be heard by a jury has made the prospect

The Duke of Edinburgh could soon be forced to appoint lawyers to defend himself against allegations that he ‘masterminded’ the death of Diana, Princess of Wales. Read More »

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