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Glass walls point to future in law firms
Three trends - including glass-walled interiors - are showing themselves in the new designs of leading law firms, according to an analysis in the ABA Journal.
Squire Pattons Boggs dominates 2014 law firm merger listings
There have been 39 law firm combinations announced in H1 of 2014, about the same volume as there was in the first half of 2013, according to Altman Weil.
Unfinished-business profits not allowed on defunct law firms
The New York Court of Appeals has ruled that bankrupt law firms cannot claw back unfinished-business profits on hourly fee matters as and when the lawyers take the matters to other practices.
GM provides lessons for all legal depts
The General Motors internal investigation of ignition switch calls, which saw three lawyers losing their jobs, is a cautionary tale for inhouse legal departments, according to an ex-corporate counsel.
Senator indicted over law firm links
Thomas Libous, the New York state senator, has been indicted on charges that he made false statements to the FBI about arrangements he made to get a job for his son at a law firm.
Managing partner of Fitzpatrick Cella quits
Fitzpatrick Cella Harper & Scinto has lost its managing partner Colleen Tracy.
GM compensation bill could rise to US$8b
Massive compensation bills in the banking and oil sector are now looking likely to be followed up by a multi-billion bill for General Motors which is now attempting to resolve its ignition switch problems.
SEC consults on reducing role of arbitrator-lawyers
Lawyers and others who seek to act as arbitrators in the US financial sector could see their chances of being appointed severely cut back under proposals being examined by the SEC.
Ex-compliance head to leave BNP Paribas after US8.97b fine
BNP's former head of compliance, Vivien Levy-Garboua, and its head of ethics and compliance for North America, Stephen Strombeline, are among 13 executives leaving the bank.
BP takes new tack on Gulf of Mexico claims
BP is seeking repayments of compensation from 'a vast number' of organisations that have received money in relation to damage they suffered by the Deepwater Horizon oil leak in 2010.
US ruling on cellphones heralds new digital age
The US Supreme Court's ruling that police cannot search the cellphones of people they arrest without a warrant will affect far more people than the 12m arrested in the US each year.
Howard Baker, Watergate questioner, dies aged 88
Howard J Baker, Memphis lawyer and the Republican senator who asked the White House counsel over Watergrate 'What did the president know, and when did he know it?', has died.
Damages report reveals patent litigation is not value for money
Going to court to litigate patents is costly and does not produce value for money, according to a new report.
New York attorney general files lawsuit against Barclays
Eric T. Schneiderman filed civil charges against Barclays over its private stock trading platform on Wednesday.
Ex-BigLaw tax head sentenced in largest ever US tax fraud prosecution
Paul Daugerdas, who, in his role as tax head, brought down Jenkens & Gilchrist, has been sentenced to 15 years in prison in a US$8b fraud.
Quinn Emanuel and Samsung fined $2m in lawsuit
Samsung and Quinn Emanuel are to pay Nokia about $1.5m and about $894,000 to Apple for breaking a court order protecting a confidential patent licensing agreement.
US legal departments recruiting
Corporate legal departments in the US are on a hiring spree as they seek to reduce external legal spend.
ABA lets lawyers scan social media sites of jurors
The American Bar Association is giving the green light to lawyers to look into the Facebook and other social media sites of both potential and deliberating jurors.
Employment rate drops for US law graduates
US law graduates have seen employment rates fall for the sixth year in a row.
Ex-Shearman managing partner takes helm at Citigroup
Stephen Volk, senior partner of Shearman & Sterling for a decade, is to take over as chair of Citigroup's investment bank.