North America/US - Page 189
Jacoby & Meyers bankruptcy law firm in liquidation crisis
The firm allegedly owes over $1m to its creditors, and paying it would result in liquidation.
Simpson Thacher clerk charged over $5.6m insider trading
Confidential information from the 800-lawyer firm Simpson Thatcher & Bartlett has been allegedly used for insider trading since 1999 by its managing clerk, according to charges brought against him yesterday.
Secrecy over seven Dewey employees pleas questioned
Questions are being asked why seven former employees of Dewey & LeBoeuf, who pleaded guilty to manipulating the financial statements of the firm, have not been named.
Cybersecurity is a growing concern for GCs
Lawyers at the International Association of Privacy Professionals Global Summit said companies should develop a protocol for revealing cybersecurity threats.
Half of US judges use social media
Nearly half of US judges are using social media - with most of them on Facebook and a minority venturing onto LinkedIn, according to the Legal Talk Network.
Texas law suit faces libel claim over client search
Texas law firm Mauze & Bagby faces a defamation claim over its search for clients in a proposed action against a national dental practice.
'Sophisticated' GCs push up value from law firms
Recent trends to get better value for money are partly due to the arrival of a generation of more sophisticated in-house counsel, according to lawyers quoted in the Pittsburgh Post-Gazette.
Bryan Cave opens in Miami with DLA duo
Two former DLA partners of DLA Piper are to launch a Miami office for 1,000-lawyer practice Bryan Cave.
Lower-earning lawyers are happier than BigLaw
BigLaw lawyers are less happy than their peers in public-service jobs whilst judges are the happiest of all lawyers.
Fried Frank chair steps down early
Fried Frank's longtime chair is leaving her post two years early but will remain in the firm in a managerial role.
Law firms prepare GM recall suits
Different kinds of legal claim - relating to bankruptcy and fraud as well as product liability - are being prepared by lawyers in response to the recall of 1.6m vehicles by General Motors.
Freshfields names litigator as US head
Freshfields has followed a current trend in appointing a litigator to a senior management role though its naming of Adam Siegel from the New York office as the next US managing partner.
Florida Bar President presents vision for the future of law
The President of the Florida Bar has drawn up an action plan to solve problems in legal education, bar admissions, technology, and legal aid.
US law grads entering phase of 'almost guaranteed legal employment'
Far from the legal sector going downhill, it is 'moving statistically into the direction of almost guaranteed legal employment for all law school graduates', according to law professor Rene Reich-Graefe.
Financial skills most valued for boards
Financial expertise is the most valued skill when recruiting potential board members, new research reveals.
Morgan Lewis recruits four-lawyer energy group
US firm Morgan Lewis & Bockius has recruited four lawyers, including three partners, from Bingham McCutchen.
Yale is top US law school
Ivy League law schools top the bill in the latest survey shining a light on US law education.
McKenna Long sets up drone team
McKenna Long & Aldridge is joining LeClairRyan in offering a specialist group to advise on the law relating to unmanned aircraft.
'Conflict of interest' queries raised over GM hiring of law firms
The appointment of two law firms - King & Spalding and Jenner & Block - to investigate GM's recall of certain cars could raise 'conflict of interest' issues, says a professor.
Patton Boggs asks 15 partners to leave
Between 15 and 20 partners are being asked to leave Patton Boggs because they are not contributing enough to firm profitability or overall performance, according to managing partner Edward Newberry.