North America/US - Page 157
Hedge fund settles with US over Yahoo competition claims
Third Point, a US based hedge fund, has avoided a large fine by settling with the US government over claims it breached antitrust law in 2011 when it acquired a minority stake in Yahoo.
Ulmer & Berne lawyers join Benesch to open Chicago office
Benesh Friedlander Coplan & Aronoff has opened its eighth US office in the US by recruiting litigation partners Andrew Jarzyna and David Pope from Ulmer & Berne.
Majority of US states consider passing drone laws
As concerns rise that a proposed privacy law in California could stifle innovation, it emerges that a total of 156 drone bills have been considered by 45 US states with 18 of them passing into law.
Law school sees enrolments drop over 50pc since 2010
The Western Michigan University Thomas M Cooley Law School has seen enrolments fall from 4,000 five years ago to 1,880 this year - an example of widespread falls in numbers across the US.
Lawyer who made fortune over porn threats charged with fraud
Chicago lawyer John L Steele has been charged with eight counts of fraud, dishonesty and improper use of the courts system after allegedly systematically pursuing illegal downloaders of porn, threatening them and then settling cases.
McKenna Long founder turns back on Dentons merger to set up CC Long
Clay Long, a founder of McKenna Long & Aldridge, has cited conflict of interests with some of his existing clients and will continue to serve long-standing clients which bottle Coca-Cola in new practice CC Long Law.
Killer of DLA Piper associate in Washington DC sentenced to 24 years
The woman who stabbed 30-year old IP lawyer David Messerschmitt to death in a hotel bedroom has been sentenced after pleading guilty to second-degree murder.
US questions the smartness of new entrants to the law
Both Fortune and Bloomberg Business have run articles in the last few days asking if entrants to the legal profession are becoming dumber.
Law firms given platform to share cyber threat information
Over 180 law firms including Davis Polk & Wardwell have applied to join the platform, which will be known as the Legal Services Information Sharing and Analysis Organization.
US law firms worried by lack of skills among law students
Only 5 per cent of recruiting partners and associates believe that law school graduates have enough practical skills to carry out the work.
Legal profession cited as example of brutal environment by NY Times
A New York Times article inspired by employee unhappiness at Amazon describes the legal sector as 'one of the most brutal' regarding employee commitment.
Regulator accused of abuse of power over lawyer's appointment
The head of the Czech Energy Regulatory Office (ERU) has been accused by the police of breach of trust and abuse of power in relation to the appointment of her deputy.
Kramer Levin sanctioned by court over unprofessional conduct
A Delaware chancery court has sanctioned Kramer Levin, after one of its lawyers instructed a colleague in his firm to not answer 75 questions when acting as a witness in a case.
Chinese GC fears arrest in US federal investigation
Clifford Chance has asked a judge to show 'mercy' to the GC of one of its clients. The judge ordered the GC to come to the US, despite fears he will be arrested in an investigation into a violation of the embargo against the Iranian regime.
Law firms expand in booming Texas
According to an analysis conducted with Leopard Solutions' Firmscape, 11 firms opened one or more new offices in Texas in the past year, with six in Dallas, three in Houston and two in Austin.
U.S. drone rules expected to be in place for early 2016
The Federal Aviation Administration of the U.S. is expected to have regulations in place to cover small drones early next year, as the issue becomes a matter of urgency as their use becomes more prolific.
Napoli Bern to split as partners settle bitter litigation
The 40-lawyer New York practice that advised victims of the 9/11 World Trade Center attacks will be reborn as two firms, after the name partners agreed to settle proceedings over alleged financial irregularities and ethical misconduct.
Dentons gets drones boost by recruiting top US regulator
As the rest of the world awaits the launch of US drone regulations to kickstart the sector, Dentons has recruited the man most involved in the area on the government side.
Bank of America criticises Akin Gump over fee levels
Fees of US$994,000 run up by Akin Gump have been criticised as being 'excessive and unreasonable' by the bank.
King & Spalding recruits healthcare team from DLA in the US
An eight-lawyer, California-based team is poised to leave DLA Piper and to open a base for King & Spalding in Sacramento in September.