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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

Weil, Milbank Get Piece of $1.3 Billion Chicken Nugget Deal

Posted on June 15, 2010
The firms score lead roles as Brazilian beef supplier Marfrig Alimentos diversifies by agreeing to acquire Keystone Foods, a mass-producer of boneless chicken nuggets that supplies McDonald's and Campbell Soup.

The Careerist: Measuring Status by the Square Foot

Posted on June 15, 2010
Would you ever reject a job offer because the decor of the law firm wasn't up to snuff? Would you think twice about joining a firm where the partner's office was as dinky as that of a lowly associate?

Author Eisler Responds to Review of Williams & Connolly Book

Posted on June 15, 2010
Kim Eisler takes issue with Michael Stern's assessment of Masters of the Game: Inside the World's Most Powerful Law Firm.

Half-Dozen Firms Snag Roles in News Corp. Bid for BSkyB

Posted on June 15, 2010
The maneuvering surrounding this potential deal is far from over.

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Another Day, Another Snag in UBS Tax Agreement

Posted on June 15, 2010
That sound you hear is the tapping feet and drumming fingers of federal officials wondering when they are going to get their hands on the names of 4,450 suspected tax evaders.

A Year After Criminal Conviction, Ex-Mayer Brown Partner Settles with SEC

Posted on June 15, 2010
Former Mayer Brown corporate partner Joseph Collins has settled charges filed against him by the Securities and Exchange Commission.

Ninth Circuit Reinstates Criminal Election Law Charges Against Litigator O'Donnell

Posted on June 14, 2010
During an interview with The American Lawyer earlier this year, attorney Pierce O?Donnell described as part of his "past" two criminal counts brought against him for allegedly violating federal election laws and dismissed last year by a district court judge...

Sullivan & Cromwell, Weil on Cablevision's Bresnan Buy

Posted on June 14, 2010
Cablevision will shell out more than $1.36 billion to acquire Bresnan Communications, a provider of cable services in several western states.

Thank Skadden's Joe Flom (And His Wife) for That Public Piano Near You

Posted on June 14, 2010
Joseph Flom, the only living name partner at Skadden, Arps, Slate, Meagher & Flom, is the donor responsible for covering the cost of 60 pianos that will take up residence in public spots around Manhattan from June 21 to July 5, according to a report in The Wall Street Journal...

The Howrey/Drinker Apprenticeships: One Year In

Posted on June 14, 2010
Everyone loves them now. But will the love last?

Hedge Fund Titan Hires Am Law, SEC Veterans as Independent Directors

Posted on June 14, 2010
Former SEC chairman and Fried Frank cochair Harvey Pitt and ex-SEC commissioner and current Cooley partner Roel Campos have been hired as independent directors by John Paulson's billion-dollar hedge fund.

Divorce is Always Toughest on the Lawyers

Posted on June 14, 2010
A divorce involving the chairman of a company that Blank Rome has represented twice in litigation is creating some complications for the firm.

Baker Donelson Partner In Clear Over Affair With Client's Wife

Posted on June 14, 2010
Still: It's generally not a good idea.

Ohio Supreme Court Ruling OKs Firing of Vorys Sater

Posted on June 14, 2010
When Hamilton County Prosecutor Joseph Deters had his budget cut two years ago, he fought back by mounting a legal challenge against the county government's pricey contract with outside firm Vorys, Sater, Seymour and Pease. Last week, Ohio's highest court ruled in Deters's favor, nixing a pact that reportedly paid Vorys Sater nearly $17 million over the past eight years.

Securities Lawyers and the Revolving SEC Door

Posted on June 14, 2010
Forty top securities lawyers wrote a letter to Congress suggesting they allow the SEC to be a self-funded regulator. Many of those lawyers used to work at the SEC.

Nobody Wants Anything To Do With Allen Stanford

Posted on June 14, 2010
Patton Boggs wants out of the civil case, and his co-defendants want their own criminal trials.

The Careerist: After School Specials

Posted on June 12, 2010
What are law schools doing for students and new graduates facing a tough job market? We've got some recent developments from Duke and Washington University.

Dealmaker of the Week: Nicholas Kronfeld of Davis Polk & Wardwell

Posted on June 11, 2010
When Banco Santander SA announced earlier this week that it will reacquire a nearly 25 percent stake in a former Mexican subsidiary that it sold to Bank of America in 2003, it was just the latest move by the Spanish banking conglomerate to solidify its international presence--a push that Nicholas Kronfeld at Davis Polk & Wardwell has helped along for more than a decade.

Friday Deal Round-up: Meds, Partnerships, Semiconductors, and Uranium

Posted on June 11, 2010
Some other deals crossing our radar this week: a Russian state-owned company is buying Vancouver-based Uranium One; Buckeye Partners absorbs Buckeye GP Holdings; Cardinal Health makes a move into the specialty medicines market; and Synopsys buys Virage Logic with the help of Fenwick & West and Jones Day.

The Bankruptcy Files: Asbestos, Envelopes, Paperboard, and Big Oil?

Posted on June 11, 2010
Latham & Watkins, Jones Day, and Lowenstein Sandler have picked up those coveted lead debtors' counsel appointments on the latest round of Chapter 11 filings.

The Lawyer at the Center of the College Sports Universe

Posted on June 11, 2010
Polsinelli Shugart's Kevin Sweeney is a busy, busy man.

Cleary, Simpson Thacher on TPG's $1.4 Billion Vertafore Buy

Posted on June 11, 2010
Private equity firm TPG Capital announced Thursday that it will acquire Vertafore, Inc. for $1.4 billion from two other private equity shops--Hellman & Friedman and JMI Equity--that have owned the insurance-software company since 2004.

From The Big Short to The Vanishing Lawyer

Posted on June 11, 2010
Tom Morgan's new book sets out the daunting regulatory and change agendas facing American lawyers. Michael Lewis's splendid best seller reminds them what happens after they take their partnerships public.

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

Posted on June 11, 2010
Paul, Hastings adds five partners to a few different offices; Foley & Lardner continues to add attorneys with an alternative energy focus; Perkins Coie bolsters its insurance coverage team. Plus: A former Justice Department fraud prosecutor has joined Patton Boggs...

World Cup 2010: Firms in South Africa Take Part in Event Festivities

Posted on June 11, 2010
Dewey & LeBoeuf helped organize a youth soccer tournament, South African firm Edward Nathan Sonnenbergs is advising FIFA, and local firm Bowman Gilfillan has given staff members six days off to attend games, while installing flat-screen TVs in its offices for the office-bound lawyers who have to work during the month-long tournament.

Cravath, Casey's Escalate Convenience Store Nastiness

Posted on June 11, 2010
We told you this was gonna be fun.

World Cup 2010: The Games are Starting, So Let the Betting Begin!

Posted on June 11, 2010
There's some fun trash talk coming out of the newly merged SNR Denton.

NFL Labor War Gets Litigious: Dewey and Covington Face Off in TV Dispute

Posted on June 10, 2010
While Covington & Burling might still be smarting from its loss before the Supreme Court in the American Needle case, the firm, longtime outside counsel to the National Football League, now has another big legal battle on its hands. A complaint filed by the NFL Players Association is challenging the league's billion-dollar television contracts.

The Careerist: Wanted for Hire

Posted on June 10, 2010
Deferred and furloughed associates, fear not. There's a good bit of interesting public sector work out there for you. For laid-off associates, the news is a bit more grim.

At Last, Japan Gets a Lawyer at the Top

Posted on June 10, 2010
Japan's new prime minister is an IP lawyer, the first to lead the country since World War II. Though attorneys in the top ranks of the country's government have been a rarity in recent years, The Wall Street Journal reports that lawyers are starting to make their mark...

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