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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.

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Barrister

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.

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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.

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“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.

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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.

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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.

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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 »

The world’s top firms face a spiralling financial burden from litigation with annual legal fees hitting an average of $10.8m (£5.8m), research suggests.

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According to an annual survey by US lawyers Fulbright & Jaworski (F&J), nearly 80% of UK firms surveyed faced some court proceedings last year. One in four UK firms face class action lawsuits in the US while three out of five face a regulatory-related action. Employment and contract disputes are the most common source of

The world’s top firms face a spiralling financial burden from litigation with annual legal fees hitting an average of $10.8m (£5.8m), research suggests. Read More »

The Supreme Court on Tuesday declined to hear an appeal by 30 states in a battle over payments by three small cigarette companies into accounts set up to help cover future damage awards in tobacco-related lawsuits.

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Gasp

The justices’ decision allows the companies to continue to fight state laws requiring payments to accounts set up as part of a $206 billion financial settlement eight years ago with the largest tobacco companies. Each of the 30 states had passed a law requiring companies that didn’t participate in that settlement to pay into the

The Supreme Court on Tuesday declined to hear an appeal by 30 states in a battle over payments by three small cigarette companies into accounts set up to help cover future damage awards in tobacco-related lawsuits. Read More »

Three small West Australian firms are set to make legal history with a proposed IPO and listing on the Australian Stock Exchange (ASX).

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Perth-based Integrated Legal Holdings (ILH) plans to raise $14m (£5.6m) through the IPO and intends listing on the ASX on 12 December according to a prospectus filed with the ASX on Monday (9 October). ILH plans to spend $10m (£4m) of raised funds acquiring the Perth-based legal practices of Talbot Olivier, Durack Zilko and tax

Three small West Australian firms are set to make legal history with a proposed IPO and listing on the Australian Stock Exchange (ASX). Read More »

A new biography on New York Attorney General shows there’s a dark side to Eliot Spitzer the crusading Good Kid and the author of the insider account “Spoiling for a Fight” is scrupulous in painting that portrait as well. Spitzer’s many detractors see him not as a selfless vindicator of the little guy, but as a headline-grabbing bully out to promote his own career.

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“Nice kid. He’s gonna get killed,” Daniel Patrick Moynihan, New York’s senior U.S. senator, growled backstage after grudgingly endorsing Eliot Spitzer’s 1998 candidacy for attorney general of New York. Moynihan, a fabled handicapper, was wrong: Spitzer won — albeit barely, by 25,186 votes out of 4.3 million cast, and only after a recount. Now, thanks

A new biography on New York Attorney General shows there’s a dark side to Eliot Spitzer the crusading Good Kid and the author of the insider account “Spoiling for a Fight” is scrupulous in painting that portrait as well. Spitzer’s many detractors see him not as a selfless vindicator of the little guy, but as a headline-grabbing bully out to promote his own career. Read More »

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