North America/US - Page 190
BigLaw brief encounter in Manhattan courtroom
A Hogan Lovells partner has been sued for allegedly trampling over the opposing lawyer on his way out of court and hitting him with his briefcase.
Dewey trio charged over fraud and theft
Three former executives of failed US firm Dewey & LeBoeuf have been charged with fraud and theft by Manhattan prosecutors.
Santander acquires new panel members
Santander Bank made some new additions to its corporate and commercial banking panel.
Patton Boggs starts review of financial structure
Patton Boggs is consulting restructuring specialists Zolfo Cooper and other advisers as part of a review of its capital structure and system of compensation.
Class action lawyers in the spotlight
Tomorrow, the US Supreme Court might step in to debunk the “fraud on the market” theory which, according to a new study conducted by the Institute for Legal Reform, results in class-action lawyers receiving more than their fair share of fees.
Boston firms adopt flexible business models
As corporate counsel are seen to have won the leading hand, many law firms are cutting hourly rates, capping prices and working harder to compete on price.
US law firm opens drone niche practice
The LeClairRyan law firm in Richmond, Virginia has launched a unit dealing with the rapidly growing area of unmanned aircraft.
Heenan Blaikie shuts down operations
Canadian law firm Heenan Blaikie has shut up shop with only a skeleton crew remaining in Montreal to wind down operations.
Part-time working drops in US
The proportion of US lawyers working part-time fell from 6.2 to 6.1 per cent in 2013, even though most large firms offer the possibility.
Squire Sanders and Patton Boggs discuss 1,700-lawyer merger
Squire Sanders, with its 1,300 lawyers, is in merger negotiations with Patton Boggs, the prestigious Washington DC firm which saw its revenue slide 12 per cent last year.
Road cleared to sue lawyers to Allen Stanford
Law firms which advised the former Antigua-based billionaire could be sued by investors in his Ponzi schemes after the Supreme Court gave them the green light.
US health insurer terminates general counsel
US health insurer Wellpoint has fired general counsel John Cannon “without cause”
Arnold & Porter offers voluntary layoffs to secretaries
The international 800-lawyer firm is offering voluntary redundancy packages to all its secretaries in response to technological change.
US firms see five year low in student hires
Recruitment from campuses was mainly flat in the second half of 2013, completing five years of 'limited entry-level hiring' among law firms, according to the Association for Legal Career Professionals.
BP dispute continues with Louisiana law firm
BP is asking a federal court to disallow a payment of US$7.9m to be made to a Louisiana law firm involved in making compensation claims in the Gulf of Mexico 2010 oil spill.
US lawyers give way to law by app
The US legal sector is preparing for technological shake-ups as experts predict the arrival of apps which can 'substitute for the labor of lawyers'.
Bingham suffers massive drop in revenues
US firm Bingham McCutchen has had its worst financial year in two decades with revenues dropping by $110 million.
Lawyer sues on 'Wolf of Wall Street' libel claim
A lawyer is suing Paramount Pictures for U$25m over The Wolf of Wall Street film in which he claims he was libellously portrayed.
'Merry' lawyer sparks insider trading scenario
An alleged insider trading episode, set to be investigated by the Brooklyn US attorney's office, seems to have been triggered by the comments of a Hunton & Williams lawyer over lunch.
Cadwalader gets partial victory in Nomura case
A New York appeal court has rejected one argument underpinning a malpractice claim against Cadwalader, Wickersham & Taft but let another one stand.