Jackoway Tyerman Wertheimer Austen Mandelbaum & Morris plans to dissolve its current professional corporation to form a limited liability partnership, a structure commonly used by professionals such as accountants and lawyers to protect individual partner assets. In a suit filed Friday, Hirsch and three lawyers who joined him to set up a new practice alleged […]

When Abbott Laboratories planned the recent spinoff of its hospital products division, the company had the daunting task of setting up legal entities in more than 40 countries. To help accomplish the task, Abbott turned to Baker & McKenzie, a law firm based in Chicago that is the world’s largest, with more than 3,200 lawyers

Linklaters has been hit by another wave of partner defections to US firms after losing highly rated structured finance expert Richard Hughes to Sidley Austin Brown & Wood. At the same time, Latham & Watkins’ Paris office has taken a second capital markets partner from Linklaters in little over a year with the hire of

Famed defense lawyer Barry Scheck, whose Project Innocence has worked to free dozens of prisoners here and elsewhere, will ask federal courts to reform Louisiana’s system of providing the poor with legal counsel. Scheck, who gained international fame as O.J. Simpson’s DNA defense lawyer, has accepted Shreveport Sen. Lydia Jackson’s invitation to address the gubernatorial

There has been a trend among Chinese law firms in the past few years of growing big quickly by acquisition and merger. The trend has been, in part, spurred by China’s accession into the World Trade Organization three years ago, which will allow foreign law firms more opportunities to practise in China. A number of

Results for 2003/04 see top London firms suffer from a 7.6% drop in average profits per partner The Citys top 10 firms have suffered sharp falls in average partner profits, posting their worst results since the transactional downturn started in 2001. All of the top City firms have posted a fall in partner profits, with

A looming talent war and increased offshore demand for Australian lawyers in the UK and Asia could lead to a brain drain in the local market, the Australian Financial Review reported yesterday citing a salary survey. China beckons: large UK and US firms are setting up satellite offices in Shanghai and Beijing that are being

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

You may not hear much about anti-Semitism but it is alive and well. That’s the message from a leading discrimination lawyer who has helped bring several dramatic but unreported legal claims alleging anti-Jewish prejudice at some of the Square Mile’s leading banks and brokerages. One case handled by Makbool Javaid that did hit the headlines

The European Union on Friday dropped money-laundering and smuggling claims against Philip Morris International in a $1.25bn settlement it claimed could herald similar deals with other tobacco companies. The EU legal team, which is pursuing RJ Reynolds and Japan Tobacco in the US courts, believes the deal with the makers of Marlboro cigarettes is a