North America/US - Page 147
Recent report provides latest regulatory demands for cyber insurance
On October 20th, 2015, Symantec released a report entitled "What Every CISO [Chief Information Security Officer] Needs to Know About Cyber Insurance" (the "Report").
Bank of China pushes back against US law
As it expands into the US, Bank of China is pushing back against the requirement to comply with US law in a lawsuit brought by Gucci and other Kering SA luxury brands.
Survey sees law firms distinguish themselves as most LGBT friendly
The results of this year's Corporate Equality Index saw law firms as the most represented industry among participants to receive a perfect score for their LGBT policies.
Obama healthcare law criticised as useless because of high deductibles
Barak Obama's Affordable Care Act has been praised in some areas for extending healthcare to more people but, in reality, some users say it does not help.
Dewey prosecutor to decide on retrial by early December
The Manhattan District Attorney Cyrus Vance has conceded that the trial of three senior former executives of Dewey & LeBoeuf could have been dealt with better and will decide on the possibility of a retrial by 7 December.
Proportion of black associates in decline in US law firms
The proportion of black associates has been falling every year for the last six, from 4.66 per cent in 2009 to 3.95 this year, according to the National Association for Law Placement (NALP).
Texas lawyer charged over claims of forcing clients to have sex
A 46-year old lawyer from San Antonio has been charged with compelling prostitution over allegations that he pressured three clients to have sex with him in return for his legal advice and services.
Three US firms have double-digit employment partner losses
Norton Rose Fulbright is one of three US law firms which have lost 10 or more employment partners in the 13 months to August.
Wilson Elser takes 11-lawyer team from Lewis Brisbois in Houston
Wilson Elser Moskowitz Edelman & Dicker has taken the lawyers from California-based Lewis Brisbois Bisgaard & Smith, and will also open another office in Texas, in Beaumont.
Half Price Lawyers opens for business once more
While many states require that law firms carry the names of their owners, Nevada has allowed a practice to be called Half Price Lawyers.
Chadbourne and Pillsbury end merger talks after two months
Chadbourne & Parke and Pillsbury Winthrop Shaw Pittman are understood to have walked away from the prospect of joining forces, possibly because of the latter's 1-1 ratio of partners to associates.
Ex-Simpson Thacher managing clerk admits to stealing data
Steven Metro is to be sentenced in a $5.6m insider dealing case brought by the US Attorney's Office in New Jersey, after admitting to stealing information on deals via computer from Simpson Thacher & Bartlett.
Litigator-turned-real estate specialist named as pensions supersaver
Michael Roumell, a former Chicago litigator who retired at 50 in 2005 and took up real estate when he moved to Florida, has been named as one of the US's 'supersavers' in the New York Times.
US law firms grow at 3.6pc in 2015
US law firms grew at an average rate of 3.6 per cent in the first nine months of this year, according to research from Citi Private Bank's Law Firm Group.
Al Jazeera America launches investigation after report that GC is unlicensed
Al Jazeera America has suspended general counsel David Harleston and launched a 'full investigation' into his professional background, after a recent report in the The New York Times suggested that Mr Harleston may not be licensed to practice law.
Law firms face revenue slowdown
The Citi Private Bank's Law Firm Group has surveyed 178 law firms for its 2015 report, with those firms ranging in size from top 100 US practices to boutiques.
Eversheds and Foley turn back on shared future
Foley & Lardner is understood to have decided against merging with Eversheds - even though it was said to be Eversheds' preferred merger partner just a week ago.
Money becomes more important reason why people choose the law
Money is not one of the top three reasons that law students give for choosing the subject in a poll at Northeastern University School of Law, but it has become more important, according to law professor William Henderson.
Ford GC expected to join Bank of America
David Leitch, whose departure from the general counsel post of Ford was announced last month, is expected to be signed on in the same position at Bank of America.
Baby Boomers dominate BigLaw leadership
About 85 per cent of managing partners in the top US law firms are in the 50 to 65 age group, according to research from legal marketer Heather Morse.