Law Firms

A novel about sex and scandal in a nameless, big London law firm and written by a former lawyer has got the City’s profession guessing as to who might be who.

The law of the jungle has permeated barristers’ chambers and solicitors’ offices, if shocking tales of sexual shenanigans are to be believed. The casting couch, once the bane of the film world, is now the standard furniture of the legal profession, according to a young City lawyer who has written an explicit novel about life […]

A novel about sex and scandal in a nameless, big London law firm and written by a former lawyer has got the City’s profession guessing as to who might be who. Read More »

John Roberts’s nomination as chief justice makes the coming Senate hearings all the more momentous

It was always going to be an intense week for John Roberts. But it suddenly grew more so. On September 6th, he was due to be grilled by the Senate to see if he would make an adequate Supreme Court justice, having been nominated two months ago to replace Sandra Day O’Connor, who is retiring.

John Roberts’s nomination as chief justice makes the coming Senate hearings all the more momentous Read More »

Phillip R. Bennett, the chief executive and chairman of Refco Inc., who took the futures broker public two months ago, was placed on a leave of absence after an internal review found he owed the company $430 million.

Phillip R. Bennett, the chief executive and chairman of Refco Inc., who took the futures broker public two months ago, was placed on a leave of absence after an internal review found he owed the company $430 million. Bennett, 57, whose backers include Boston-based buyout firm Thomas H. Lee Partners LP, didn’t disclose that the

Phillip R. Bennett, the chief executive and chairman of Refco Inc., who took the futures broker public two months ago, was placed on a leave of absence after an internal review found he owed the company $430 million. Read More »

Washington Post White House columnist Dan Froomkin takes a close look at Special Prosecutor’s interest in what Dick Cheney said about the CIA agent leak.

The New York Times this morning reports that I. Lewis “Scooter” Libby apparently first learned that Joseph Wilson’s wife was a CIA agent from none other than his boss — Vice President Cheney. This new revelation suggests that special prosecutor Patrick J. Fitzgerald’s investigation into the leak of Valerie Plame’s identity has reached even closer

Washington Post White House columnist Dan Froomkin takes a close look at Special Prosecutor’s interest in what Dick Cheney said about the CIA agent leak. Read More »

British Prime Minister Tony Blair believes that the criminal courts are failing. His plan? To remove a swath of low level cases from the courts altogether under a new, “respect action plan.”

British Prime Minister Tony Blair believes that the criminal courts are failing. The person who spits at the old lady is not prosecuted because it takes too many police hours, he says. If there is a trial, the outcome is a fine. The upshot? The police don’t bother. Likewise, to prove that a person carrying

British Prime Minister Tony Blair believes that the criminal courts are failing. His plan? To remove a swath of low level cases from the courts altogether under a new, “respect action plan.” Read More »

Lawyers for a death row inmate, including former Whitewater independent counsel Kenneth Starr, sent fake letters from jurors asking California’s governor to spare the man’s life, prosecutors said Friday.

Lawyers for a death row inmate, including former Whitewater independent counsel Kenneth Starr, sent fake letters from jurors asking California’s governor to spare the man’s life, prosecutors said Friday. The jurors denied they thought Michael Morales deserved clemency because some of the testimony at his trial may have been fabricated, said Nathan Barankin, spokesman for

Lawyers for a death row inmate, including former Whitewater independent counsel Kenneth Starr, sent fake letters from jurors asking California’s governor to spare the man’s life, prosecutors said Friday. Read More »

Supermarkets with legal services? Law firms floating? What is this? It’s the UK law profession’s ‘big bang’, announced by the government on Thursday.

At present lawyers in the UK are forbidden from entering partnerships or incorporating other than fellow lawyers. The government also supports the ending of restrictions under which lawyers employed by companies are allowed to offer legal advice only to that company and not to its customers. The deregulation would open the door to mergers and

Supermarkets with legal services? Law firms floating? What is this? It’s the UK law profession’s ‘big bang’, announced by the government on Thursday. Read More »

Seven of Kenya’s most distinguished law firms have been asked to appear at an enquiry involving a multi-billion shilling scandal.

Among them is one of the country’s oldest firm of advocates – Hamilton Harrison and Mathews – which was said to have received more than Sh1 billion from Goldenberg International accounts held at Exchange Bank between August 1992 and May 1993. One of the commissioners, Mr Peter Le Pelley, was a partner in the firm,

Seven of Kenya’s most distinguished law firms have been asked to appear at an enquiry involving a multi-billion shilling scandal. Read More »

UK law firms are dropping junior lawyers’ pay rates following pay rises that they claim are unsustainable. Now the trend is increasing with the top firms following suit.

Masons calls time on tech-boom salary war as Hammonds and Osborne Clarke rein in assistant pay. Masons has slashed its pay benchmark for junior lawyers by nearly 10% — becoming the first top 50 UK firm to seriously reverse the “unsustainable” pay hikes of 2000 and 2001. The shake-up of the national firm’s pay structure,

UK law firms are dropping junior lawyers’ pay rates following pay rises that they claim are unsustainable. Now the trend is increasing with the top firms following suit. Read More »

Question: How many lawyers does a slow economy produce? Answer: More. The number of lawyers in the USA exceeded 1 million for the first time in 2003. And the number of people taking the Law School Admission Test (LSAT) in 2003 is near the record 152,242 set during the last recession, in 1991. The two-year record of 300,020 of 1990-91 stands an equally good chance of falling in 2002-03.

Will the additional lawyers find work? Most likely they will, because companies will continue to combat the fear of litigation, says Walter Olson, senior fellow at the Manhattan Institute and editor of overlawyered.com. A Business Roundtable survey of CEOs of the nation’s largest companies this month said they were worried most about rising health care

Question: How many lawyers does a slow economy produce? Answer: More. The number of lawyers in the USA exceeded 1 million for the first time in 2003. And the number of people taking the Law School Admission Test (LSAT) in 2003 is near the record 152,242 set during the last recession, in 1991. The two-year record of 300,020 of 1990-91 stands an equally good chance of falling in 2002-03. Read More »

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