North America/US - Page 173
Lawyers tricked by court bankruptcy virus scam
An Atlanta court is warning users of its electronic filing system that a pop-up which claims to be a bankruptcy survey linked to its site is actually a virus.
Dodd-Frank law challenged in trading case
A part of the Dodd-Frank law, which deals with 'anti-spoofing', is being challenged as part of the defence of Michael Coscia, the first person to face criminal prosecution under its provisions.
Former Dewey rainmaker files for bankruptcy
John Altorelli, who earned US$6m at Dewey LeBoeuf in 2011 and who is now co-chair of the DLA Piper US finance group, has filed for bankruptcy.
Houston litigation boutique lawyers jump to Vorys Sater
The last remaining nine lawyers at Schwartz Junell have decided to move to Vorys Sater because of the state of 'today's market'.
Lawyers must be held accountable for authorising torture
Action must be taken over lawyers accused of authorising torture, says Philippe Sands in the FT.
Top firm said to be paying US$9m pa to lateral hire
Kirkland & Lewis has reportedly agreed to pay litigation rainmaker James Hurst, formerly of Winston & Strawn, $9m a year for four years.
US looks set to ease rules for foreign lawyers
Changes to rules governing foreign lawyers look likely but there is no movement on allowing outside investment for law firms.
Kirkland nets US$20m fees from energy sector's biggest bankruptcy
Kirkland & Ellis has received $20.5m in fees and another $1.25m in expenses in its role as bankruptcy counsel to Energy Future Holdings Corp, the company that became the energy sector's biggest bankruptcy ever in April.
Arizona's reciprocity rules upheld
A challenge to Arizona's rules over out-of-state lawyers was lost by a Californian lawyer who claimed that the admission policy was discriminatory.
BP suffers Supreme Court setback over spill
The court refused to examine the terms of the multibillion-dollar compensation fund agreement which the oil company set up after the accident.
Deutsche Bank compliance troubles rumble on
Deutsche Bank and other banks have been named in a law suit filed by the US Attorney for the Southern District of New York, claiming US$190m from them for allegedly avoiding taxes in 2000.
UpCounsel plans expansion
UpCounsel, the service that matches entrepreneurs to lawyers, is planning to expand beyond its San Francisco base after raising US$2.4m in seed funding.
Top firms dominate the Supreme Court bar
Big business has better access to the Supreme Court than consumers with around 12 top US law firms dominating the field.
Influence of law firms shown on US Attorney Generals
Several Republican Attorney Generals, with assistance from corporates and law firms, have collaborated together 'like a large national law firm' to push back on measures proposed by President Barack Obama, according to the New York Times.
Death sentence deliberations start for Texas JP
Deliberations are to take place next week over the sentencing of a Texas Justice of the Peace who was convicted this week of the murder of the wife of the local District Attorney.
Davis Polk takes initiative on bonus rates for associates
Davis Polk & Wardwell has surprised the US legal pay market by adding an extra US$10,000 for associates in the middle levels.
Detroit manager defends Jones Day fees and expenses
The former Jones Day partner who is the emergency manager of Detroit has defended the charging practices of his ex-colleagues who are now advising him, saying that he would need 'six to eight additional firms' if he were without Jones Day.
GCs prefer dealing with law firms that use flexitime
Legal advisers who work healthy hours appear to be delivering services in a way that is more effective to general counsel, according to a panel discussion organised by the Colorado Bar Association.
Ex-Cleary lawyer heads Lending Club $650m float
Renaud Laplanch, the French former securities lawyer, is the brains behind Lending Club and its much anticipated float on the New York Stock Exchange next week.
Lawyer in custody over stabbing of managing partner
A lawyer in the US state of Virginia is being held in custody, accused of abducting the managing partner of the law firm which recently fired her and also of assaulting him and his wife.