Legal News

Arent Fox Pulled Deeper Into Wone Case

Posted on September 20, 2010
The firm is sitting on e-mail messages one of its ex-lawyers wants kept confidential.

Dealmaker of the Week: Jane Goldstein of Ropes & Gray

Posted on September 17, 2010
Ropes & Gray partner Jane Goldstein believes in the power of keeping relationships percolating. And this week's announcement that Green Mountain Coffee Roasters will buy Montreal-based beanery Van Houtte for $890 million is a good example of why.

The Bankruptcy Files: Hotels, Restaurants, Real Estate, and Timeshares

Posted on September 17, 2010
The bankruptcy wave may have abated in recent months, but firms like Milbank, Hogan Lovells, Jones Day, O'Melveny, Baker & Hostetler, and Pachulski Stang have managed to secure roles on the latest round of noteworthy Chapter 11 filings.

Vinson Joins the Hostile Takeover Game

Posted on September 17, 2010
This is a good time for fans of hostile takeovers.

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LETTER FROM LONDON: Europe's GCs Warn of More Pressure on Fees

Posted on September 17, 2010
Here in the U.S., we hear a lot about the changing relationship between newly assertive corporate counsel and their outside law firms. A roundtable at London's College of Law shows that legal chiefs at European corporations are just as serious about shaking things up.

A Banner Week for Ponzi Schemers

Posted on September 17, 2010
There's been no shortage of Ponzi schemers getting caught or coming clean since the economy went south two years ago. But this week seemed to set a record in the sheer number of fraudsters that were charged, entered pleas, or received sentences.

Fireworks In the Philly Papers Bankruptcy!

Posted on September 17, 2010
We're six days from a second auction for the papers, and if Thursday's hearing is any indication, it's going to be fun. 

The American Lawyer's Top 25 in IP

Posted on September 17, 2010
Hey, look--it's another legal-industry list. This one--the cover story of an intellectual property-themed supplement to the magazine's September issue--runs down "the 25 most influential people in IP." So who made the cut?

Are the U.S. News Law Firm Rankings Big Law's Black Swan?

Posted on September 17, 2010
Even as the rankings were released, firms began setting the goalposts for the new competition. So fundamental changes in how firms assess quality and reward talent aren't on the horizon. But could big law's ongoing evolution to a species of big business culminate in a far more ominous transformation?

Whopping Five Firms on Citigroup Student Loan Deal

Posted on September 17, 2010
The more complicated, the better!

The Careerist: Do Women Have to be Manipulative to Get Results?

Posted on September 16, 2010
Do women get better results when they deal directly with a problem or manipulate behind the scenes? Let's see what Joan and Peggy of Mad Men can teach us about the workplace.

The End of the IPO Doldrums?

Posted on September 16, 2010
With IPOs promising to pick up in the fall, Skadden, Latham, Davis Polk, and Simpson Thacher have landed assignments on the latest round of offerings. Plus: SEC filings for the offerings reveal a DLA Piper money pit in San Fransisco and litigation involving a former Jeffer Mangels partner.

Ropes & Gray, Hogan Lovells on $925 Million Sale of Genzyme Testing Unit

Posted on September 16, 2010
Genzyme reached an agreement to sell its Genzyme Genetics unit to LabCorp in the midst of buyout talks with Sanofi-Aventis.

Blogs Target Law Schools as Quest for Better Job Statistics Hits Dead End

Posted on September 16, 2010
As law schools stiff-arm a transparency project seeking better job data on recent graduates, there's been an explosion in the number of legal blogs dedicated to savaging the law school experience. Coincidence? Probably not.

The Lateral: In China, It Pays to Go Local

Posted on September 16, 2010
For veteran China legal hand Meg Utterback, making the switch from Pillsbury to China's King & Wood was a chance to "get back to the nuts and bolts of practicing law."

Insurance Partners: Kasowitz is Hungry

Posted on September 16, 2010
Another insurance litigator has jumped to the very profitable New York firm, and if Kasowitz has its way, dozens more will follow. 

Jones Day Joins Tribune Bankruptcy Fray

Posted on September 16, 2010
The roster of firms caught up in the Tribune bankruptcy case just keeps growing.

Wrapping Up the Quellos Law Firm Saga

Posted on September 15, 2010
Let's put a bow on this one, shall we?

The Careerist: Women Partners Get Paid Less--Duh?

Posted on September 15, 2010
For women partners at big law firms, the story never changes: at the top of the profession, women get the shaft.

Mayer Brown Advises ACE on $1.1 Billion Insurance Buy

Posted on September 15, 2010
The firm was one of six advising various clients on a $1.1 billion cross-border insurance merger between Zurich-based ACE Limited and Iowa-based Rain and Hail.

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

Posted on September 15, 2010
Kramer Levin adds three new banking and finance partners; a partner returns to Reed Smith from BNY Mellon; and Nixon Peabody hires attorneys in San Francisco and Rochester, N.Y. Plus: A former general counsel for John McCain 2000 joins Jackson Kelly. The Churn is constant...

Trading Places: Another Record Year for Laterals?

Posted on September 15, 2010
What's behind the recent rash of lateral hires among the Am Law 200?

The Philly Papers Auction: Who's In?

Posted on September 15, 2010
After a $139 million deal for Philadelphia's two largest newspapers fell apart Tuesday, investors are set to face off again at a new auction next month.

Baker & Hostetler's Madoff Tab Nearing $100 Million

Posted on September 15, 2010
The firm has already received nearly $97 million in the bankruptcy of infamous Ponzi schemer Bernie Madoff. By himself, Baker & Hostetler partner Irving Picard, the court-appointed trustee, has been awarded more than $35 million.

Quinn Emanuel Wins Approval of Contingency Fee in Facebook Settlement

Posted on September 15, 2010
The firm has claimed success in an arbitration proceeding against its former clients, the founders of ConnectU, who sued Facebook founder Mark Zuckerberg for allegedly stealing their idea for a social networking Web site.

LETTER FROM LONDON: Europe's Underprivileged In-House Lawyers

Posted on September 15, 2010
Lawyers are up in arms after the European Court of Justice (ECJ) yesterday denied in-house counsel the protection of privilege in antitrust cases. But the reality is that nothing has changed.

The Smarter Legal Model

Posted on September 15, 2010
In a conversation with The American Lawyer's editor in chief, Aric Press, Ernst & Young global general counsel Trevor Faure explains how law firms can use common sense and data to improve coverage, compliance, and client satisfaction at a lower cost.

The Jay Mariotti Chronicles: Columnist Calls in Gibson Dunn Bigwig

Posted on September 14, 2010
Facing seven misdemeanor charges related to a domestic dispute, controversial sports columnist Jay Mariotti has hired former U.S. Attorney Debra Wong Yang. Plus: the lawyers behind Reggie Bush's decision to forfeit his Heisman Trophy; plenty of work in NCAA investigations; and a new Ninth Circuit data privacy ruling related to a steroids in baseball case, in our weekly look at sports and the law.

Williams & Connolly Goes to Work for "Cake Boss"

Posted on September 14, 2010
Cakes: the next litigation frontier.

O'Melveny, Wachtell on Hand for Apollo-Backed Chemicals Merger

Posted on September 14, 2010
Hexion Specialty Chemicals and Momentive Performance Materials have announced that they will combine operations to create one of the world's largest chemicals companies. Both companies are currently controlled by private equity giant Apollo Management, which turned to a pair longtime legal advisers for outside counsel on the deal...

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