North America/US - Page 203

Academics back role of M&A specialists

Experienced lawyers play 'an important economic role' in M&A, according to an academic analysis stretching over 20 years.

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Jones Day is centre stage as legal battle starts in Detroit

About 100 objections have been filed to the plans of Detroit city - now under the management of former Jones Day partner Kevyn Orr - to file for Chapter 9 bankruptcy.

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Demand for legal advice falls in the US

Total billable hours declined by 1.3 per cent for US law firms in the first half of 2013, according to Citi Private Bank's Law Firm Group.

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S&P seeks to question US officials over fraud charge

Standard & Poor's, the ratings agency, will try to get the US government to reveal more information on why it is the only ratings agency to be charged with fraud.

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Barrister penalised for hiding prostitute past

A barrister from Illinois has had her licence to practice suspended for three years after admitting that she had not disclosed her past work as a prostitute.

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JP Morgan tops legal provisioning rankings

JP Morgan's legal provisions of US$6.8 billion in its accounts has knocked Bank of America off the top slot of US banks with expensive legal problems.

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Eight law firms face subpoenas in US judge investigation

A federal investigation into Supreme Court Justice Seamus P McCaffery has extended to the investigators serving subpoenas on eight law firms.

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The half a million dollar clerks

The going rate for Supreme Court clerks has soared with law firms fiercely competing for this rare breed of lawyer.

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BP argues against shareholder class action

BP is back in court yet again over the Deepwater Horizon spill of 2010 - this time trying to prevent investors in its shares from pursuing a class action lawsuit.

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Tough talk after Justice Department pursues block on US Airways merger

Competition experts in the US are expecting a gritty fight back from US Airways and its legal adviser O'Melveny & Myers after the Department of Justice said it will seek to block merger plans with American Airlines.

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No privacy for Gmail users

Gmail users should not expect privacy, the company has argued in a class action lawsuit.

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US law schools come under scrutiny for investment return

Law students from the Florida Coastal School of Law have the worst return for their money whilst those at the University of Texas at Austin top the table for investment return, according to new research.

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Lawyer-client privilege vote at ABA

The ABA House of Delegates is calling for lawyer-client privilege to apply to advice supplied to a law firm by its in-house counsel including matters related to work for the firm's clients.

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Mobile patent wars heat up in the US

Apple is taking the initiative in the latest round of the Apple-Samsung mobile patent wars when it seeks a ban of some Samsung devices in the US.

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King & Spalding bans personal emails

US law firm King & Spalding has banned its employees from accessing their personal email accounts on the firm's computer system and laptops.

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New ABA president pledges support for legal jobs

Newly elected American Bar Association President James Silkenat has pledged to put the lack of jobs facing newly qualified lawyers as one of his priorities during his year at the helm of the organisisation.

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Law professors slammed over 17-year divorce

Two law professors have been rebuked by judges over their 17-year old divorce proceedings - a battle which has lasted seven years longer than the marriage.

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Female flirters lose out in masculine law firms

Strategic flirting by women is more likely to take place in aggressive, masculine workplaces - but it does not help get the women ahead.

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Former Baker & McKenzie partner jailed

A former Baker & McKenzie lawyer who last year pleaded guilty to money laundering and involvement in a $55 million securities fraud has been sentenced to two years in prison.

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US bond-holders fear loss of 'billions of dollars'

Bond-holders in the US are involved in a court struggle to stop local cities from reducing the value of certain mortgage-backed securities.

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