Law Firms

HealthSouth, the scandal-plagued healthcare services group, said on Wednesday it agreed to pay $100 million to settle claims brought against it by the Securities and Exchange Commission. The SEC sued HealthSouth in March 2003, accusing the firm of overstating profits. The settlement pact resolves that litigation only, said HealthSouth, which is involved in several other […]

Even in a city accustomed to wel- coming immigrants, they are a breed apart: law firms that leave their home markets, where they often dominate, to open offices in New York, where they struggle for a foothold. But come they have-and do-inexorably, for the last 25 years. By our count, 94 out-of-town firms in The

A high court judge who is leaving the bench to join a firm of solicitors because he is bored with judging took fellow judges by surprise yesterday. Mr Justice Laddie has risked the disapproval of the legal establishment by breaking the unwritten convention that the bench is a life sentence ended only by retirement or

Four former Wall Street brokers have been indicted for a scheme allowing day traders to eavesdrop on internal communications and profit by trading ahead of large share orders and subsequent price movements, U.S. prosecutors said on Monday. The brokers were accused of securities fraud, conspiracy, and receiving commercial bribes, according to an indictment unsealed in

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

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.

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

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

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

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