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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

Jones Day Granted Discovery Motion in Lehman-Barclays Squabble

Posted on June 25, 2009
Jones Day has won a court order granting discovery in the ongoing squabble over whether Barclays got a better deal on Lehman Brothers' U.S. assets than it should have.

Davis Wright Works Its First Amendment Magic

Posted on June 24, 2009
After Seattle imposed strict rules on street performers in the city's main public park, one magician sued, claiming the restrictions were a violation of free speech. With the help of a big name firm, the magician won.

Weil's AIG Fees Exceed $25 Million

Posted on June 24, 2009
A court filing by Weil, Gotshal & Manges provides a ballpark figure for just how much the firm is making on the insurance giant's case.

Politics & Law: Franken, Coleman, Nader Back in the Headlines

Posted on June 24, 2009
The Republican National Committee has pumped another $1 million into Norm Coleman's ongoing legal fight to hold on to his Minnesota Senate seat. In other offbeat election-related news, Ralph Nader is making noises about campaign contributions by Reed Smith lawyers to Pennsylvania's Attorney General.

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Vinson, Three Canadian Firms Advise on $7.2 Billion Oil Deal

Posted on June 24, 2009
Sinopec's purchase of a Swiss oil and gas exploration is the largest overseas acquisition by a Chinese company ever.

What's the Damage? Lawyers Line Up for Payment in Chrysler Case

Posted on June 24, 2009
Jones Day, Schulte Roth, and Kramer Levin have submitted applications for $19 million in attorneys' fees in the "Old Carco" bankruptcy case.

Justice O'Connor Dings Gibson, Dunn on Letterman Show

Posted on June 24, 2009
While plugging her new children's book on the Late Show with David Letterman, former U.S. Supreme Court Justice Sandra Day O'Connor revealed her favorite speaking engagement while on the high court.

DOJ: We're Not Dropping UBS Case...Yet

Posted on June 24, 2009
Maybe Wachtell and Cravath partners should hold off on popping those champagne bottles?

Judge Shoots Down Plea for Extra GM Bondholders Committee

Posted on June 23, 2009
Despite Patton Boggs partner Michael Richman's best efforts, Judge Robert Gerber rejected his argument that small bondholders needed their own official committee to protect their interests in the auto maker's bankruptcy.

Morgan Lewis Gets Energy Boost from Baker Botts

Posted on June 23, 2009
Morgan Lewis has lured Baker Botts rainmaker David Asmus to help build its growing energy transactions team. Asmus, who had been with Baker Botts since 1985, will help expand the firm's Houston office.

From Am Law 200 to City Hall . . . Hopefully

Posted on June 23, 2009
Lawyers from two Am Law 200 firms--McKenna Long & Aldridge and Morgan, Lewis & Bockius--are looking to ditch the billables and take their chances with the bureaucracy. Jesse Spikes and Kevin Acklin each are making a play for city hall in mayoral campaigns currently underway in Atlanta and Pittsburgh.

Cleary, Skadden Advise on Nortel Asset Sale to Nokia

Posted on June 23, 2009
Cleary Gottlieb Steen & Hamilton advised the bankrupt Canadian phone equipment maker on its sale of assets to Nokia for $650 million.

Norton Rose Acquiring Australia's Deacons

Posted on June 23, 2009
U.K. law firm Norton Rose has agreed to acquire Australia's Deacons, expanding its presence in the Asia-Pacific region by over 500 lawyers.

Kirkland & Ellis Doesn't Fear the Mindfreak

Posted on June 23, 2009
The firm is representing a 23-year-old illusionist who is suing magician Criss Angel in state court in New York for unpaid royalties.

Another UBS Win for Wachtell?

Posted on June 23, 2009
Legal experts said that UBS got a pretty good deal in February, when the Justice Department entered into a deferred prosecution agreement under which the Swiss giant agreed to pay $780 million in fines to end a massive tax evasion investigation. Is even more good news for UBS on the horizon?

Bernie Madoff's Lawyer Thinks 12 Years Should Suffice

Posted on June 23, 2009
A 12-year prison sentence for Bernie Madoff sounds about right, at least to his lawyer, who suggested in a court filing that a federal judge in Manhattan ignore the "hysteria" surrounding the case against the disgraced investment manager.

Howrey's New Model: A Two-Year Associate Apprenticeship

Posted on June 23, 2009
In a move that reminds us a lot of one announced by Drinker Biddle last month, Howrey plans to place all incoming associates in a two-year apprenticeship program rather than tossing them straight into the world of expensive billable hours.

Bingham Wins SCOTUS Ruling on Special Needs Student

Posted on June 22, 2009
The impact of the ruling is up for debate, but it's undoubtedly important: The parents of special education students can ask public school districts to reimburse them for their child's private school education--even if that child had never tried a public school's special ed programs...