North America/US - Page 164
Harvey Goldschmid, lawyer who tackled Enron legacy, dies in Manhattan
Mr Goldshmid, born in the Bronx of humble origins and latterly senior counsel at Weil, Gotshal & Manges, helped clean up the Enron-Arthur Andersen scandal by, from a position at the SEC, pushing through stricter oversight rules on auditors.
Law school business model broken
US law schools are in crisis with a business model which no longer works, says a former law professor.
BigLaw resists techo evolution over fear of losing billable hours
Large US firms with over 350 lawyers are adapting to new IT far more slowly than smaller practices - with poor use of document management systems, only half using document assembly and many still using fax, photocopying and couriers.
Lawyer loses $289k by clicking on hacker attachment
An anonymous lawyer has told ABC 10 News how a hacker transferred US$289,000 from his account to a Chinese bank shortly after clicking on the attachment in an email and then receiving a call that purported to be from his bank.
US prosecutors take aim at individuals over financial crisis
The outgoing US Attorney General, Eric Holder, has given prosecutors 90 days in which to start cases against individuals over the 2007/08 global financial crisis - and has stated publicly that the prosecutors are eager to bring such actions.
Paul, Weiss fees outweigh client compensation by 10 to one in NY case
New York mayor Bill de Blasio has settled an action that has been running for five years about the rights of police officers to stop and frisk - by awarding US$295,000 to 11 plaintiffs and $2.95m to the lawyers representing them.
Wife of murdered DLA assistant gives details of last text
The DLA Piper associate murdered in a Washington DC hotel appears to have sent a text to his wife saying he would be home in an hour just 11 minutes before a person who may be connected to the case was seen walking through the hotel lobby.
Canadian lawyers win major battle over lawyer-client privilege
Solicitors are now to be exempted from parts of the government's anti-terrorism and money laundering legislation.
US law firm profits rise by six per cent
Revenues also grew in 2014 as did profits per equity partner, according to the latest Citi Private Bank report.
Jones Day praised as judge approves Detroit bankruptcy fees
Jones Day has been lauded with praise by the judge handling the Detroit bankruptcy for making an 'exceptional contribution' to the city - despite some controversy over the size of the firm's fees.
Murder inquiry launched after DLA associate is killed in Washington DC
The police have offered a US$25,000 reward after David Messerschmitt, a 30 year old IP and IT associate, was found dead of stab wounds in a hotel bedroom.
US lawyer pleads guilty to bank fraud
Prosecutors have described how a 51-year old Pittsburgh lawyer defrauded a local bank while embezzling funds from the law firm where he worked in order to finance businesses that he was running.
Litigation finance house raises half a billion dollars
Litigation funding is reshaping into litigation finance as funders expand their litigation offerings.
CIA chief under pressure to resign after leak of lawyer's memo
John Brennan, the CIA head, has strongly denied that his organisation spied on Senate staff working on last year's report on the agency's involvement in torture and secret rendition - but memos from a CIA lawyer suggest the contrary.
Partnership pay gap increases
The gap between the highest and lowest paid partners is increasing in the US.
Harper Lee's lawyer defends herself against exploitation accusations
Tonja Carter, the lawyer who found Harper Lee's 50-year old sequel to 'To Kill a Mockingbird' has been replying to suggestions that she exploited the 88-year old author by getting the new discovery published against the real wishes of Ms Lee.
Aggressive Skadden M&A lawyer and bibliophile Bob Pirie dies in New York
Founder of the Skadden Arps Boston office, Robert Pirie went on to chair Rothschild and to become senior managing partner of Bear Stearns, drawing the admiration of rivals such as Marty Lipton who called him 'absolutely formidable'.
GM retains controversial top lawyer for 2015 despite Senate disapproval
Michael Millikin will stay on at GM as legal head or as being 'available for consultng services' until the end of this year - despite calls from the Senate to fire him after his department was seen as slow to deal with a fatal faulty switch problem.
Famed gaming firm seeks Chapter 7 bankruptcy
The Las Vegas-based firm, Lionel Sawyer & Collins, which had over 80 lawyers at its peak and which was famed for its gaming practice, has made the bankruptcy filing after losing 18 of its lawyers in January.
New York lawyers resign after appearing in violent rap video
Two lawyers have stood down from a community non-profit organisation after they appeared in a rap video that endorsed violence against police officers.