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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

Law School Applications Rise Despite Shrinking Job Market

Posted on July 12, 2010
The number of lawyers working for large law firms dropped by 4 percent last year. And the legal sector lost a total of 22,000 jobs. Even so, the pool of law school applicants is getting bigger. What are they thinking?

Debevoise, Sidley Lead on $4.9B Aon-Hewitt Tie-Up

Posted on July 12, 2010
Really: Who doesn't love a human resources consulting deal? Anyone?

Airgas v. Cravath: Still Going

Posted on July 12, 2010
Relations between Airgas and Air Products might be improving, but we can't say the same about Airgas and its former counsel at Cravath.

Who Wants to Make Partner? Not U.K. Associates

Posted on July 09, 2010
The brass ring isn't looking too shiny anymore, it seems. According to Legal Week, associates in the U.K. aren't striving to make partner these days.

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Pro Bono 2010: Shine a Light

Posted on July 09, 2010
Wilson Sonsini is doing its part to support the new businesses. As one of the biggest sponsors of Cleantech Open, the world's largest business start-up competition, the firm provides free legal services for the competition's entrants.

Davis Polk, Weil in AIG Blame Game

Posted on July 09, 2010
So: Whose fault is it that AIG waived its right to sue banks on the other side of the credit default swaps that destroyed the insurer?

Latham, Simpson Nab Roles on $3.1B Secondary LBO

Posted on July 09, 2010
Another sign that the LBO market is set for an uptick.

What a Day for the Pro Se

Posted on July 09, 2010
And a less good day for Toyota's lawyers.

A Thaw in the Cravath Gas Wars?

Posted on July 08, 2010
Is the hostile battle over?

The King James Chronicles: D.C. Lawyer Says LeBron James is His Son

Posted on July 08, 2010
A former associate at Baker & Hostetler and Jenner & Block claims in an explosive civil suit that he's the father of basketball superstar LeBron James. Plus: The U.S. trustee's office takes issue with Weil Gotshal in the Texas Rangers bankruptcy; an NFL player interns at Hogan Lovells; and Scottie Pippen wins a legal malpractice judgment.

Starr Update: Subpoenas Issued to Winston, Thelen, Bristol

Posted on July 08, 2010
Here we go.

The Careerist: Show Them the Money

Posted on July 08, 2010
A new report from the Project for Attorney Retention and the Minority Corporate Counsel Association finds that the majority of 700 women partners surveyed feel they are getting shafted on compensation.

Contract Lawyer Sues Labaton for Overtime Pay

Posted on July 08, 2010
It's no secret that law firm jobs usually mean working long hours. But hourly employees are asking the courts to remind firms that more hours is supposed to mean overtime pay.

Pro Bono 2010: The Other Gay Marriage Case

Posted on July 08, 2010
In Gill et al. v. Office of Personnel Management et al., lawyers from Foley Hoag, Sullivan & Worcester, and Jenner & Block worked closely with the Gay & Lesbian Advocates & Defenders (GLAD) in successfully challenging section 3 of the Defense of Marriage Act (DOMA)...

Troutman Partner, Receiver in Starr Case, Sues Scorsese

Posted on July 08, 2010
We promise to avoid any movie title puns in this post.

Akerman Partner Quits Over Firm's BP Work

Posted on July 08, 2010
In the midst of his campaign to become Florida's next attorney general, Democrat Dan Gelber quit his position as counsel at Akerman Senterfitt, citing the firm's role representing BP in oil spill litigation.

More Law Firm Mergers? Hildebrandt Thinks So

Posted on July 08, 2010
After four straight quarters of decline in law firm M&A, managing partners are on the prowl for merger partners once again.

Ex-Ropes & Gray Lawyer Settles Insider Trading Charges

Posted on July 08, 2010
Former Ropes & Gray associate Brien Santarlas, who pleaded guilty last year to charges that he sold confidential information about firm clients to investors, settled civil charges with the Securities and Exchange Commission late Wednesday.

Hexagon to Acquire Software Firm Intergraph for $2.13 billion

Posted on July 07, 2010
The deal merges to relatively complimentary businesses, and brings in more work for lawyers from Simpson Thacher and K&L Gates.

Brown Rudnick Takes Its Shot at the WaMu Bankruptcy

Posted on July 07, 2010
It's hard to tell now how big of a roadblock this is, but it's something.

Baby's In Black: The Latest U.K. Firm Financials

Posted on July 07, 2010
Clifford Chance's PPP soars, Legal Week reports--but it still remains well below pre-recession levels.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on July 07, 2010
Chadbourne & Parke expands in Latin America with a S�o Paulo office and a new partner; DLA Piper adds two attorneys in Los Angeles; and a new partner joins Kramer Levin in Paris. Plus: A senior counsel for ExxonMobil jumps ship for Sonnenschein. The Churn is constant...

The Bankruptcy Files: Aviation, Publishers, Toll Roads, and Athletes

Posted on July 07, 2010
Cleary Gottlieb, Jenner & Block, Simpson Thacher, Haynes and Boone, and Haynsworth Sinkler Boyd have landed roles on the latest round of notable Chapter 11 filings.

Freshfields Nabs Some BP Corporate Work

Posted on July 07, 2010
And there's a lot of it to go around.

Another Am Law Star Goes In-House

Posted on July 07, 2010
This time it's Simpson Thacher losing a star partner, John Finley. But the firm can take heart that he's moving to one of its main clients.

Deferred Associate Diaries Part IV: The Clients

Posted on July 06, 2010
In part IV of his Deferred Associate Diaries, Andrew Ardinger, a deferred Orrick first-year, reflects on the challenge of trying to figure out who the client is when the answer isn't always obvious.

Latham Launches Asia Litigation Practice with Jones Day Hire

Posted on July 06, 2010
Simon Powell, a Hong Kong-qualified lawyer and one of the region's top insolvency and litigation specialists, joined Latham's Hong Kong office last week. The hire makes Latham the latest international firm to bolster its litigation capabilities in Asia...

Risky Business: What Law Firms Can Learn From Airlines and Hospitals

Posted on July 06, 2010
Like some lawyers, surgeons and pilots make important, high-pressure decisions every day. Unlike lawyers they are part of organizations that take risk management seriously. They're trained not to fear mistakes but to learn from them. It's time lawyers followed their lead...

The Careerist: Campus News

Posted on July 06, 2010
There's been a round of musical chairs at a couple of the nation's leading law schools. Plus: The University of Texas learns that one of its oldest dorms is named after a law professor from way back who also was a leader of the KKK.

No Deal: Ryanair Loses Appeal But Can Keep Its Share in Aer Lingus

Posted on July 06, 2010
A win (mostly) for Aer Lingus counsel Linklaters as an EU court upholds the European Commission's rejection of Ryanair's hostile bid.

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