North America/US - Page 166
Proskauer Rose on victim list of US construction giant
Structure Tone, a leading US building company, has pleaded guilty to corruption charges in relation to the defrauding of numerous famous businesses including Proskauer Rose.
Securities class actions over accountancy allegations rise
The SEC's heightened focus on fraud could be the reason behind the significant increase.
Pay surges for US administrators in law firms
Administrators who run practice areas in US law firms saw their salaries go up by an average of 18 per cent last year, according to the Enhanced Law Firm Compensation & Benefits Survey from the Association of Legal Administrators.
Duane Morris partners resign after malpractice claimed
The head of the corporate practice and a fellow partner, both based in Baltimore, stood down after a client filed a US$10m malpractice suit, claiming that the two asked her to start paying her monthly retainer into a company owned by them.
Lawyers warned on ethics over inaccurate LinkedIn endorsements
Lawyers who are receiving endorsements in areas where they have no experience should be monitoring them for accuracy and even culling them, according to an opinion by the New York County Lawyers Association.
Ex-Cravath Swaine associate loses high-profile Kleiner Perkins case
The public might have been surprised that Ellen Pao lost her case against her former employer, the leading venture capital firm Kleiner Perkins, but employment specialists were not expecting a win for the corporate lawyer.
Bank names BigLaw firms threatened by hackers
Citigroup has been apologising to law firms after Fried Frank and Covington & Burling were named as being subject to the attentions of hackers - even though there were no breaches of the firms' networks or client data in the instances cited.
GCs become more efficient as high risk class actions treble in three years
The proportion of class actions which is classified as 'high risk' or 'bet-the-company' has risen from 4.5 to 16.4% in three years but general counsel are rising to the challenge and managing them more efficiently, according to new research.
Police seek woman in relation to murdered DLA associate
A well-built, hooded person seen entering the hotel and climbing the stairs to the floor where a DLA Piper associate was found stabbed in Washington DC is probably female, according to police investigators.
Dial-a-lawyer service used by 200,000 US attorneys
Some 8m people are each month visiting Avvo, the site which promises to connect consumers to a lawyer on the phone within 15 minutes - and numbers are expected to rise as a new app allows mobile callers to upload the photo of a document.
Lawyer admits that AIG pushed baseball player to settle 7-year dispute
Seven years after the start of a defamation dispute between a coach and one of the top US baseball players of his era, the insurer AIG has set up a settlement between its client, the ex-Boston Red Sox pitcher Roger Clemens and his former trainer.
Cyber Security in insurance: the New York Department on Financial Services comments
What are the implications of the newly-published 'Report on Cyber Security in the Insurance Sector'? Vikram Sidhu of Clyde & Co explains.
McDermott Will duo join complex litigation team at King & Spalding
The 17-office, international firm King & Spalding practice has recruited the two Washington DC-based partners from its rival in order to strengthen their civil litigation group.
Best route to Apple legal department is to go through MoFo
Morrison & Foerster has the largest number of alumni of US law firm in the Apple legal team in the US - according to an analysis of data from LinkedIn and the California State Bar.
Ex-Howrey partners agree 'unfinished business' and other claims with trustee
All 'but a few' ex Howrey partners have reached a settlement with the trustee, four years after Howrey's bankruptcy - but the agreed payments by the partners could cause controversy as they average just US$1,595 for each of the 47 people involved.
Leading lawyer Ted Cruz enters race for White House
Former University of Texas law professor and Texas Solicitor General, Ted Cruz, is to seek the Republican presidential nomination and will be able to draw on Washington DC contacts gained from working at leading lobbying firm Cooper & Kirk.
Sullivan & Cromwell chair defends banking sector
Rodgin Cohen said that banks have put 'an enormous amount of resources' into improving their cultures and he questioned the prickly nature of relations with regulators which seems to be an over-reaction to allegations of cosiness in the past.
Goodwin Procter layoffs send warning to other litigation practices
Earlier settlements and the handling of disputes in-house are behind the layoff of 21 litigation lawyers and 17 litigation staff at Goodwin Procter - a move that could point a trend at other firms which have bulked up their dispute resolution teams.
Law firms start using billing systems designed for clients
A quarter of law firms which work with legal desktop and bill manager Viewabill have asked to use the same system to help them manage client projects internally.
Partnership chances double for Harvard and Chicago graduates
Law School students who pay US$50,000 a year or more in fees are twice as likely to become law firm partners - but proximity of law school to a thriving legal market is another strong indicator, according to the University of Minnesota.