Law Firms

Billionaire Chelsea soccer club owner, Russian magnate Roman Abramovich is facing the world’s costliest divorce after his wife told him their marriage is over.

One wonders what kind of party Irina Abramovich had been planning to throw for her husband Roman to mark his reaching 40 years of age a week tomorrow. A soiree in the private room at Cipriani, the Mayfair restaurant which is the favourite of so many haute coutured wives of the expat Russian super-rich? Perhaps […]

Billionaire Chelsea soccer club owner, Russian magnate Roman Abramovich is facing the world’s costliest divorce after his wife told him their marriage is over. Read More »

Israel’s President Moshe Katsav has been recommended for indictment on chrges of rape and indecent acts, following a police investigation.

President Moshe Katsav earned a dubious distinction Sunday evening as he became the first president to serve under a police recommendation for indictment. Pundits’ doomsday scenarios proved accurate as police said Sunday that they had gathered sufficient evidence to recommend indicting the president on charges of rape, as well as indecent acts using force, indecent

Israel’s President Moshe Katsav has been recommended for indictment on chrges of rape and indecent acts, following a police investigation. Read More »

President Bush sounded the death knell of America’s $6 billion (£3.2 billion) internet gambling industry yesterday when he formally signed legislation banning all transactions involving US punters.

The passing of the Unlawful Internet Gambling Enforcement Act as an adjunct to the Safe Port Act sparked a stream of announcements by London-listed operators confirming the sale or closure of their US- facing operations, while World Gaming collapsed into administration. Sportingbet and Leisure & Gaming both announced the sale of their US-facing operations for

President Bush sounded the death knell of America’s $6 billion (£3.2 billion) internet gambling industry yesterday when he formally signed legislation banning all transactions involving US punters. Read More »

The free-for-all has begun. Less than one week after Google purchased internet video sharing site YouTube for $1.65 billion, copyright negotiations have been stepped up, royalties are being demanded, domain brokers are scrambling and all sorts of hanky panky is coming to light.

Time Warner Chairman and Chief Executive Dick Parsons served notice he’d play hardball with Google and YouTube by telling Britain’s Guardian newspaper that his group would pursue its copyright complaints against the video sharing site by kicking it upstairs to Google’s level. Time Warner, which owns Warner Brothers movie studio, Time magazines and the HBO

The free-for-all has begun. Less than one week after Google purchased internet video sharing site YouTube for $1.65 billion, copyright negotiations have been stepped up, royalties are being demanded, domain brokers are scrambling and all sorts of hanky panky is coming to light. Read More »

Two of the most influential legal figures in the City of London were among a group of six lawyers elevated today to the rank of Honorary QC, a titular position bestowed for recognition of an outstanding contribution to English law.

Guy Beringer, senior partner at Allen & Overy, the “magic circle” firm, is a general corporate solicitor who also specialises in environmental law. He has won praise for his contribution to the promotion and funding of pro bono or charitable work at major law firms. Paul Davies, a professor of commercial law at the London

Two of the most influential legal figures in the City of London were among a group of six lawyers elevated today to the rank of Honorary QC, a titular position bestowed for recognition of an outstanding contribution to English law. Read More »

The business of hiring, developing and retaining new lawyers is decidedly not what it used to be. In 1907, a prominent Wall Street firm wrote to a young Franklin D. Roosevelt offering him a position as an associate — “the first year without salary” — and the future president accepted the offer. That same firm now pays summer associates more than $10,000 per month.

Today, firms that fail to take seriously the challenges of recruiting, training, mentoring and work-life issues can count on increasing turnover to such an extent that, by one estimate, nearly 50 percent of any given group of entering associates likely will leave the firm within three years. This trend illustrates fairly dramatically the challenges faced

The business of hiring, developing and retaining new lawyers is decidedly not what it used to be. In 1907, a prominent Wall Street firm wrote to a young Franklin D. Roosevelt offering him a position as an associate — “the first year without salary” — and the future president accepted the offer. That same firm now pays summer associates more than $10,000 per month. Read More »

Secretary of State Condoleezza Rice has been asked by 29 members of Congress to deny an extradition request by the Mexican government for Duane “Dog” Chapman, the Honolulu-based bounty hunter who faces charges there for his capture of a fugitive convicted rapist three years ago.

“Just days before the Mexican statute of limitations on prosecuting Chapman were set to expire, it seems the State Department is proceeding with efforts to extradite Mr. Chapman back to Mexico to face criminal prosecution,” the House members said. “It makes no sense. It seems that Mexican authorities are pressing this case only because they

Secretary of State Condoleezza Rice has been asked by 29 members of Congress to deny an extradition request by the Mexican government for Duane “Dog” Chapman, the Honolulu-based bounty hunter who faces charges there for his capture of a fugitive convicted rapist three years ago. Read More »

The heads of three well-known technology companies lost their jobs this week as the result of a scandal sweeping through the business world over the improper backdating of stock options.

Internet news publisher Cnet Networks Inc., security software firm McAfee Inc. and online recruitment service Monster Worldwide Inc. announced the resignation or retirement of their chief executives, all apparently over concerns about how the companies granted stock options. The three are the latest of at least 135 companies to acknowledge or be investigated for backdating

The heads of three well-known technology companies lost their jobs this week as the result of a scandal sweeping through the business world over the improper backdating of stock options. Read More »

Google’s takeover of video-sharing website YouTube may look like a nifty business move. For the company’s legal team, however, it may soon turn into a long and nasty nightmare.

Here’s the rub: Besides all the gorgeous and goofy home videos, YouTube (like other video websites) hosts plenty of pirated content. These copyrighted music and film clips have been uploaded by YouTube members who pilfered the content from television, CDs, DVDs and other websites. The aggrieved parties are not just the big guys, film studios

Google’s takeover of video-sharing website YouTube may look like a nifty business move. For the company’s legal team, however, it may soon turn into a long and nasty nightmare. Read More »

The British media won the freedom to publish allegations about public figures free from the threat of libel laws in a landmark House of Lords ruling today.

In a ground-breaking unanimous judgment, the law lords ruled in favour of a public interest defence that brings English law more into line with the freedom enjoyed by the US media. In future, journalists will be free to publish material if they act responsibly and in the public interest and they will not be at

The British media won the freedom to publish allegations about public figures free from the threat of libel laws in a landmark House of Lords ruling today. Read More »

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