Law Firms

A federal judge found a former attorney for Aaron Patterson in civil contempt Wednesday for staging two tearful walkouts during the former death row inmate’s trial on drug and firearms charges.

A federal judge found a former attorney for Aaron Patterson in civil contempt Wednesday for staging two tearful walkouts during the former death row inmate’s trial on drug and firearms charges. Defense attorney Demitrus Evans, 37, first stormed out of the courtroom after one of Patterson’s many emotional outbursts in June during his pretrial hearings. […]

A federal judge found a former attorney for Aaron Patterson in civil contempt Wednesday for staging two tearful walkouts during the former death row inmate’s trial on drug and firearms charges. Read More »

US legislation to force class-action lawyers to raise their game has contributed to even bigger lawsuits and bigger settlements from fatter-cat lawyers. Even the star litigator Bill Lerach’s alleged involvement in an under-the-table payment deal is having no impact on his firm’s business. So what’s happening?

America’s new Class Action Fairness Act seeks to curb frivolous class-action lawsuits against companies in areas such as product liability and labour law, mainly by redirecting more of them to federal courts and so denying lawyers scope to “forum-shop” among biddable state courts. But before companies declare victory, they should reflect that the law of

US legislation to force class-action lawyers to raise their game has contributed to even bigger lawsuits and bigger settlements from fatter-cat lawyers. Even the star litigator Bill Lerach’s alleged involvement in an under-the-table payment deal is having no impact on his firm’s business. So what’s happening? Read More »

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller.

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller. Mark Lanier, who represents the widow of a Texas man

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller. Read More »

Four former stockbrokers at Citigroup, Lehman Bros and Merrill Lynch have been charged with securities fraud for letting day traders eavesdrop on internal conversations with institutional clients.

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

Four former stockbrokers at Citigroup, Lehman Bros and Merrill Lynch have been charged with securities fraud for letting day traders eavesdrop on internal conversations with institutional clients. Read More »

Law firms don’t need to be in the AmLaw 100 to create successful professional and personal lives for their attorneys. Focus, creativity and reinvention has helped the Second Hundred survive and thrive.

Membership in a megafirm isn’t the only ticket to living high on the hog. The partners in The Am Law 200’s Second Hundred — firms number 101 to 200 on the American Lawyer’s list of the nation’s highest-grossing firms — are doing just fine, despite the fact that their average size is just 260 lawyers.

Law firms don’t need to be in the AmLaw 100 to create successful professional and personal lives for their attorneys. Focus, creativity and reinvention has helped the Second Hundred survive and thrive. Read More »

Law firms have been gleefully watching profits climb new Everests – up by over 9 per cent in 2004 according to one survey. And which firms top the Vault’s Prestige Rankings this year?

No need to brace yourself — yet — for the reappearance of the hostile-takeover sharpies of the 1980s or even the foosball-and-flip-flop gazillionaires of the late-’90s tech boom, but recently law firms have been gleefully watching their profits climb of late to levels not seen in years. Plumped up by healthy litigation practices, Sarbanes-Oxley work

Law firms have been gleefully watching profits climb new Everests – up by over 9 per cent in 2004 according to one survey. And which firms top the Vault’s Prestige Rankings this year? Read More »

One of the UK’s top law firms has been fined almost £40,000 for refusing to allow a woman employee to work flexible hours, in a case experts say typifies the failure of some employers to adapt to new family-friendly rights for white-collar staff.

One of the country’s top law firms has been fined almost £40,000 for refusing to allow a woman employee to work flexible hours, in a case experts say typifies the failure of some employers to adapt to new family-friendly rights for white-collar staff. The Equal Opportunities Commission said yesterday the case involving Herbert Smith, a

One of the UK’s top law firms has been fined almost £40,000 for refusing to allow a woman employee to work flexible hours, in a case experts say typifies the failure of some employers to adapt to new family-friendly rights for white-collar staff. Read More »

It may be one of the most feared law firms in the country. It prides itself on going after giant corporations on behalf of the little guy. But now a federal judge is accusing the firm founded by John O’Quinn of taking part in manufacturing cases that were the basis of a huge lawsuit.

It may be one of the most feared law firms in the country. It prides itself on going after giant corporations on behalf of the little guy. Silicosis is a lung disease you can get from breathing particles from sandblasting. But now a federal judge is accusing the firm of taking part in manufacturing cases

It may be one of the most feared law firms in the country. It prides itself on going after giant corporations on behalf of the little guy. But now a federal judge is accusing the firm founded by John O’Quinn of taking part in manufacturing cases that were the basis of a huge lawsuit. Read More »

British-based law firm Lovells has unveiled radical plans to help boost profitability after profit per equity partner (PEP) plunged 21 per cent at the City firm in the past financial year.

Lovells has unveiled radical plans to help boost profitability after profit per equity partner (PEP) plunged 21 per cent at the City firm in the past financial year. The initiative, launched by Lovells managing partner David Harris, includes the introduction of a new financial system to measure the profitability of matters and clients or client

British-based law firm Lovells has unveiled radical plans to help boost profitability after profit per equity partner (PEP) plunged 21 per cent at the City firm in the past financial year. Read More »

How many Am Law 100 lawyers does it take to put $10 million in the pockets of firm partners? At top-ranked Wachtell, Lipton, Rosen & Katz, about seven. At second-ranked Sullivan & Cromwell, about 16. At bottom-ranked Coudert Brothers, about 91. It’s what American Lawyer’s latest attorney survey calls “VPL” – Value per Lawyer. Read all about it.

To gain perspective, we ran VPL numbers for the last six years and found that each of the top 15 firms this year have been in the top quintile in every year since 2000. The top isn’t the only place where firms stay in place. We found that over the six years most firms tended

How many Am Law 100 lawyers does it take to put $10 million in the pockets of firm partners? At top-ranked Wachtell, Lipton, Rosen & Katz, about seven. At second-ranked Sullivan & Cromwell, about 16. At bottom-ranked Coudert Brothers, about 91. It’s what American Lawyer’s latest attorney survey calls “VPL” – Value per Lawyer. Read all about it. Read More »

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