Law firms have to be profitable, but they are not obliged to act for anyone who comes through the door. Not giving enough thought to ethics can be catastrophic, writes Matthew Rhodes in ‘The Independent’.

Law Firms /

There has been a recent flurry of foreign dictators, oligarchs and despotic governments using the English courts to have a pop at anyone with whom they have a grievance. This has led to much comment on the rights and wrongs of “forum shopping”, but it also raises the issue of whether law firms should be […]

Law firms have to be profitable, but they are not obliged to act for anyone who comes through the door. Not giving enough thought to ethics can be catastrophic, writes Matthew Rhodes in ‘The Independent’. Read More »

Top Firms And Clients Deliver Verdict On Future Of Legal Profession

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· UNIQUE RESEARCH REVEALS LIKELY LEGAL LANDSCAPE in 2018 · Clients say rises in legal fees are unsustainable without more added value · hegemony of magic circle dented · expert legal advice will not be commoditised, BUT LAWYERS WILL NEED TO QUESTION WHAT IS CONSIDERED A ‘PREMIUM’ SERVICE · legal services act UNLIKELY TO bring

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US Attorney Reports Two Additional Defendants With Tax Shelter Fraud Related To Ernst & Young

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LAWFUEL – MICHAEL J. GARCIA, United States Attorney for the Southern District of New York, and PATRICIA HAYNES, Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service (“IRS”), Criminal Investigation Division, announced today the filing of a superseding Indictment adding two new defendants and multiple additional charges in connection with the

US Attorney Reports Two Additional Defendants With Tax Shelter Fraud Related To Ernst & Young Read More »

Law Firm Announces Securities Class Action Lawsuit Against Municipal Mortgage & Equity LLC — MMAB

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WASHINGTON, Feb. 19, 2008 LAWFUEL – Legal Newswire — Finkelstein Thompson LLP has filed a class action lawsuit in the United States District Court for the District of Maryland on behalf of purchasers of Municipal Mortgage & Equity LLC (“MuniMae” or “Company”) (Pink Sheets:MMAB) common stock during the period between May 3, 2004, and January

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Drexel University College of Law Receives American Bar Association Provisional Accreditation

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PHILADELPHIA (Feb. 19, 2008) — LAWFUEL – Legal Announcements – The Drexel University College of Law has received provisional accreditation from the American Bar Association (ABA), Drexel President Constantine Papadakis announced. The seal of approval comes at the earliest point allowed under the ABA’s accreditation guidelines. Provisional accreditation means all Drexel Law graduates will be

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A New York lawyer who worked simultaneously as a full-time employee for five different Long Island school districts in order to qualify for a government pension and other benefits. Lawrence W Reich, the hard-working attorney, says such arrangements are common.

Law Firms /

Five Long Island school districts falsely reported to the state that a part-time private attorney was a full-time employee in each district, enabling him to earn a public pension of nearly $62,000 and health benefits for life. At the same time, the districts paid his law firm more than $2.5 million in fees, records show.

A New York lawyer who worked simultaneously as a full-time employee for five different Long Island school districts in order to qualify for a government pension and other benefits. Lawrence W Reich, the hard-working attorney, says such arrangements are common. Read More »

Acquisition of Reuters Approved By Regulatory Authorities

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STAMFORD, Conn. and LONDON, Feb. 19 LAWFUEL – Legal Announcements — The Thomson Corporation (NYSE: TOC; TSX: TOC) and Reuters (LSE: RTR, Nasdaq: RTRSY) today announced that the European Commission (EC), US Department of Justice (DOJ) and Canadian Competition Bureau (CCB) have given approval for Thomson’s proposed acquisition of Reuters. In order to obtain clearance,

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Litigation News – AlixPartners to Host Securities Litigation Conference in New York

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Panel of Experts to Discuss Damage Estimation and Analysis; Landmark Decision in Dura Pharmaceuticals v. Broudo NEW YORK– LAWFUEL – Legal Announcements –AlixPartners LLP today announced that it will host its Securities and Litigation Conference, “Quantifying Securities Class Action Damages,” on February 27, 2008, at the Hilton Hotel in New York City. This year’s topic

Litigation News – AlixPartners to Host Securities Litigation Conference in New York Read More »

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