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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

LETTER FROM LONDON: Gearing Up for the New U.K. Bribery Law

Posted on October 04, 2010
The U.K.'s new Bribery Act is not only one of the world?s strictest but also the farthest-reaching. With less than six months until the law goes into effect, U.S. companies are on alert.

The New Law Firm Line-Up in Genzyme-Sanofi

Posted on October 04, 2010
Yet another hostile deal.

Wachtell's Ties to CAA 'Young Turks' Land Firm Role on TPG Investment

Posted on October 04, 2010
Creative Artists Agency, the powerhouse Hollywood talent agency, has sold a 35 percent stake to private equity firm TPG Capital. Wachtell, Cleary Gottlieb, and Loeb & Loeb got in on the action.

John Desmarais Takes His First Shot as a Patent Owner

Posted on October 04, 2010
But don't call him a patent troll.

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Another Orrick Merger Fails

Posted on October 04, 2010
You can stop thinking of funny names for a combined Akin-Orrick firm.

More Clues to Explain Growing Ranks of Dissatisfied Lawyers

Posted on October 03, 2010
The clues are everywhere, even on C-Span, which recently televised a judicial conference panel discussion that included a big law partner, an inhouse attorney, and a law professor.

The Careerist: Tea Party for Lawyers

Posted on October 03, 2010
I've been expecting lawyers to be up in arms about Obama's tax plan.

Dealmaker of the Week: Eileen Nugent of Skadden, Arps, Slate, Meagher & Flom

Posted on October 01, 2010
The M&A partner and co-head of the firm's private equity practice helped Endo Pharmaceuticals snap up Qualitest Pharmaceuticals, the nation's sixth-largest generics maker, for $1.2 billion. But it was hardly the only deal she's had on her plate over the past couple of months.

Clouds Lingering Over IPOs

Posted on October 01, 2010
When Liberty Mutual unveiled plans for a $1.3 billion IPO for its property and casualty division two weeks ago, we wondered whether the listing might spell the end of the IPO doldrums. It didn't take long for us to get our answer.

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

Posted on October 01, 2010
Covington & Burling lands two new attorneys, including one returning partner; Hinshaw & Culbertson adds to its environmental practice; and Sidley Austin welcomes an assistant U.S. attorney. The Churn is constant. Please send all announcements and news releases to thechurn@alm...

Fightin' Irish: Top Dublin Lawyer Says Country Will Weather Bank Woes

Posted on October 01, 2010
The Am Law Daily caught up with Declan Moylan, chairman of Dublin-based Mason Hayes + Curran, to chat about the fiscal crisis facing the Emerald Isle.

Court Leaves Chippendales and Kilpatrick Stockton (Nearly) Naked

Posted on October 01, 2010
A ruling by the U.S. Court of Appeals for the Federal Circuit strips the male revue of the full trade dress protection it sought.

Earthlink Stockpiles IP Assets with $516 Million ITC-Deltacom Buy

Posted on October 01, 2010
King & Spalding, Troutman Sanders, and Paul, Weiss are among the firms advising on the deal, which will expand the Internet service provider's IP infrastructure in the southeastern United States.

Latham, Vinson Lead on Repsol's $7.1 Billion Sale to Sinopec

Posted on October 01, 2010
The two firms are working on a transaction that will see China's state-owned oil company buy a 40 percent stake in the Brazilian unit of Spain's largest oil company.

Allens Arthur Robinson, Nagashima Strike Alliance

Posted on October 01, 2010
Leading Australian firm Allens Arthur Robinson and top Japanese firm Nagashima Ohno & Tsunematsu announced Thursday that they have struck a cooperative alliance to provide legal advice to Japanese companies doing business Down Under and in Southeast Asia.

Sources: Reed Smith, Thompson & Knight in Merger Talks

Posted on October 01, 2010
The talks, like those between Akin Gump and Orrick, are described as preliminary.

Baker & McKenzie Opens in Luxembourg

Posted on October 01, 2010
Taking aim at funds work, the global giant becomes one of the few Am Law 100 firms with a Luxembourg office.

2010 Minority Experience Study: Lost in the Shuffle

Posted on September 30, 2010
The year's Minority Experience Study offers more evidence that the recession is hitting some lawyers harder than others. Plus: The release this week of the latest Law Firm Diversity Database from the Minority Corporate Counsel Association and Vault further bolsters the idea that diversity efforts are stalling.

The Careerist: Keeping Women on The Street

Posted on September 30, 2010
Law firms are paradigms of progressiveness compared to Wall Street. At most big law firms, women at least have each other for company. Not so in the high-glossed halls of high finance, where women are getting scarce.

Davis Polk, S&C, Simpson Thacher Reprise Bailout Roles on the AIG Escape Plan

Posted on September 30, 2010
The three firms that cobbled together the provisions of AIG's first bailout came together again to craft a plan for the insurer and the government to finally part ways.

Arnold & Porter, Simpson Thacher Score Roles on AOL Acquisition Spree

Posted on September 30, 2010
The two firms advised the digital media giant on its acquisitions of TechCrunch, Thing Labs, and 5min Media this week.

Appellate Panel Blocks SEC Bid for Wiretap Evidence in Galleon Insider-Trading Case

Posted on September 30, 2010
In the SEC's civil case against Galleon, the Second Circuit vacated an order forcing the Galleon defendants to hand over roughly 18,000 wiretapped conversations from the goverment's parallel criminal prosecution.

Lifted by Low Rates and Corporate Cash, M&A on Pace to Surpass 2009

Posted on September 30, 2010
Bloomberg reports that deals surged over the past three months, traditionally the slowest time of the year for M&A.

Estrada v. Posner: Soak In the Goodness

Posted on September 30, 2010
It's been a tough couple of months for federal prosecutors. Did yesterday's hearing in the Conrad Black case give them a small victory?

Spotlight Falls on Bingham Lawyer Again as McCourt Divorce Trial Ends

Posted on September 30, 2010
In closing arguments, one of Jamie McCourt's lawyers called Larry Silverstein "the elephant in the room" in the all-star divorce case that will decide who owns the L.A. Dodgers. But really, the Bingham partner was front and center for the entire trial...

Former New Jersey Firm Partner Charged in Bribery Scheme

Posted on September 30, 2010
Federal prosecutors say Eric Wisler, a former name partner at DeCotiis, FitzPatrick & Cole, paid a former state senator nearly $200,000 to win favors for his land-developer clients.

The Bankruptcy Files: Harrisburg is Looking for Some Lawyers

Posted on September 29, 2010
Saddled with debt thanks to an expensive incinerator, Harrisburg, Pa., is now looking for new bankruptcy. Elsewhere on the insolvency front, K&L Gates, Choate Hall, Blank Rome, Sidley Austin, Sonnenschein, and Curtis Mallet have nabbed roles on the latest round of notable filings.