Law Firms

Like most elite US firms, Cravaths’ awards are handed out solely on a seniority basis with no performance criteria. Cravaths’ announcement, which was made to associates on 8 December, ends weeks of intense speculation over whether New York firms would this year sanction significant increases to the awards handed out in 2002, given the post-summer […]

Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati have emerged as the main lawyers on the long-awaited flotation of US search engine Google. Wilson Sonsini’s chairman and chief executive Larry Sonsini and corporate partner David Segre are acting for established client Google on the $2.7bn IPO. While Palo Alto-based corporate partner William Hinman

Its name evokes a world of beauty and glamour. But lately, Elite Model Management, the largest modeling network in the world, has developed a bad case of the uglies. Not long ago it was a hot agency, representing such models as Cindy Crawford, Linda Evangelista, and Naomi Campbell. It still has Lauren Bush, President George

A committee of MP reported the legal aid cost blow-out yesterday when they warned ministers that unless the Government took action against these high-cost cases, the legal aid budget, now standing at £1bn, would spiral out of control. No cases were identified by the Commons Constitutional Affairs Committee but they are believed to involve complex

Pinsents and Masons are just weeks away from agreeing to a merger that would forge a national giant dubbed Pinsent Masons, it has emerged. The surprise talks are thought to have been going on for a number of months and are now at an advanced stage, leaving a vote in favour of the deal the

“With this merger we will be able to say to any corporate client anywhere in the world, ‘There is nothing we can’t assist you with. You will never be able to outgrow us. We will always be able to look after you.’ This will change the legal landscape.” Change the legal landscape? To be sure,

Leaders in Saddam Hussein’s regime will go on trial for crimes against humanity and war crimes as early as next week, Iraq’s interim premier says. Iyad Allawi said that the “symbols” of the former regime would be tried “one by one” but gave few details. There was no indication when Saddam Hussein himself would face

Former Federated CEO James Zimmerman was indicted for lying to prosecutors during a probe of whether the firm was trying to keep tableware from Waterford and Lenox out of rival Bed, Bath & Beyond. If found guilty of lying under oath during a probe by state Attorney General Eliot Spitzer’s office, Zimmerman could face as

A federal appeals court on Tuesday revived part of the widely-watched obesity suit against McDonald’s Corp. that accuses the world’s biggest fast-food company of using misleading advertising to lure children into eating fattening, unhealthy foods. The U.S. Second Circuit Court of Appeals ruled that a trial judge wrongfully threw out certain portions of the complaint

Silicon Valley and Manhattan law firms descended on Boston in December, throwing money at the hotshot talent fleeing the country’s premier high-technology law firm, Testa, Hurwitz & Thibeault, as it was unraveling. Goodwin Procter, whose top partners earn over $1 million a year, could offer them money too. But the Boston firm had something more: