North America/US - Page 172
Banks fight over extra clauses in SEC settlements
A US$16.65b settlement agreed by Bank of America in August is being delayed because of the existence of certain waiver clauses in relation to $135m of that sum which is owed to the SEC (Securities and Exchange Commission).
Tax inversions show success of government lawyers who go private
The trend for US companies to move their HQs to countries with lower tax charges owes much to the ingenuity of government tax specialists who helped design or implement the rules and then went private.
Lawyer accused of installing spyware on ex-husband's computer
A Tennessee lawyer has been censured for using improper methods to obtain her divorce.
Walmart company to give discounts on legal products
Members of Sam's Club, a retail warehouse subsidiary of Walmart, are being offered 'exclusive savings' on legal documents and some legal advice.
Law school grads take risks on debt
A law school debt calculator produced by the Washington Post is suggests that many students will be taking a risk by following this career path.
US firm lets clients settle bills by Apple Pay
A law firm in Michigan which defends people on drunk driving charges is to let clients pay it by Apple Pay, the contactless system that can be used via iPhones, Apple Watch and iPads.
Monica Lewinsky complaints on lawyers supported in report
A report produced in 2000 on the way government lawyers questioned President Bill Clinton's intern and intimate Monica Lewinsky upholds her statements that she was treated poorly by them.
Deutsche Bank senior lawyer commits suicide in New York
One of the senior Deutsche Bank regulatory lawyers who has been involved in negotiating over allegations of benchmark fixing appears to have committed suicide.
US compliance directors set for 5.2pc salary growth in 2015
The Robert Half Legal 2015 Salary Guide predicts the biggest increases for compliance officers of ten years standing (5.2%) and for ten-year qualifieds at small to midsize law firms (4.9%).
US$50m legal fees sought in basketball case
A group of 32 law firms which acted for UCLA amateur basketball player Ed O'Bannon is seeking US50m relating to the three-week hearing this summer.
Deloitte faces pension age probe
An investigation by the US's Equal Employment Opportunity Commission (EEOC) into the Deloitte retirement age of 62 for partners could have implications for law firms.
US climate change lawyers turn to the courts
Environmental lawyers are considering following the example of tobacco cases by using state courts to challenge polluters.
Legal downturn hits New York office space market
A combination of lawyers using less office space per head and the effects on the legal sector of the downturn could be leading to a permanent change in the office sector, according to property broker Savills Studley.
NY state pledges more aid for lawyers to the poor
The governor of New York state has agreed to pay for bigger and better offices for public defenders, after agreeing to settle a class action law suit on the issue.
Republicans prepare for elections with 1,000 lawyers
The US political parties are preparing large teams of lawyers to be ready for recounts and other problems when the mid-term elections take place on 4 November.
Controversy as Washington lawyer is appointed as ebola czar
President Barak Obama's appointment of a lawyer, Washington DC-based Ron Klain - rather than a medic has provoked controversy in the US.
Employers fail to restrain irresponsible employees
Employers can do a lot to avoid injunctions in cases where a new recruit arrives and misuses information from a previous employer.
GM's top lawyer to retire as recall controversy continues
Michael Millikin, the 66-year old lawyer who is general counsel at General Motors, is to retire in early 2015 after 38 years at the company.
Bingham chief admits to rough spot
Steven Browne, managing partner at Bingham McCutchen has given an interview to the Boston Globe where he admits the difficulties the firm has gone through.
NY regulator raises questions over law firm security
Benjamim Lawsky, the top financial watchdog in New York state, is asking banks about the cyber security of their suppliers, including law firms.