Almost half of the top 25 law firms axed dozens of their own partners in last-resort moves to cut costs and shore up profits last year. A snapshot of the UK’s corporate law industry will reveal today that the biggest firms are still struggling to raise revenues in the wake of the slowdown in corporate […]
For attorneys caught up in the excitement of a pending law firm merger, expectations of more offices, more lawyers and more money can be heady. But practitioners who have gone through the courtship warn that some very tough work — more than most firms expect — lies ahead in uprooting potential client conflicts created by
Act that Prince despises is used to back his marriage By Marie Woolf, Chief Political Correspondent 24 February 2005 The Prince of Wales and Camilla Parker Bowles can marry as it is their right under the Human Rights Act, the Lord Chancellor has said in a written statement to MPs. In a bid to quash
DLA has sunk 53 places in The Sunday Times 100 Best Companies to Work For list. DLA was one of the highest ranked law firms at 35 in 2004, but the now-merged DLA Piper Rudnick Gray Cary languishes at 88 in this year’s list. DLA’s decline comes from a heady height. In 2003 it was
High-profile attorney Charles E. Polk Jr. evaded paying more than $470,000 in income taxes and bilked large sums from a public agency and his own law clients, according to a federal indictment unsealed Thursday. Polk, who has been at the center of several controversies in recent years, was charged late Wednesday in U.S. District Court
Over the last four decades, Warren E. Buffett has built Berkshire Hathaway into one of the world’s largest and most successful insurers. Along the way, he has navigated the stock market with legendary prowess and offered folksy guidelines for proper corporate governance. Now, with investigators on three continents examining Berkshire affiliates and a deadline looming
Brooklyn judge who grabbed a Legal Aid lawyer in his courtroom while yelling at him about his handling of a traffic case has been publicly censured by the State Commission on Judicial Conduct, which rejected a recommendation to remove him from the bench. The judge, Richard N. Allman, who has served in Brooklyn Criminal Court
Former American International Group Inc. chief executive Maurice R. “Hank” Greenberg’s transfer of more than $2 billion worth of AIG shares to his wife probably would not survive a court challenge, legal experts said Wednesday. Greenberg, who faces shareholder lawsuits and who has been questioned in a federal and state investigation into AIG accounting, disclosed
How did an erudite 60-year-old London lawyer married to a member of the British Cabinet get embroiled in the Italian Prime Minister’s tax trial? The prosecution alleges that Silvio Berlusconi used a complex network of offshore companies to boost artificially the price of film rights to reduce the business’s tax liabilities. By the time David
After a morning of listening to the prosecution and defense wrangle, Superior Court Judge Rodney S. Melville today denied defense efforts to end the Michael Jackson trial. Melville rejected a defense motion to acquit Jackson on all charges and earlier denied the defense’s fifth request for a mistrial. The judge then ordered the bailiff to
