In the inexorable march toward greater global consolidation, will law firms steer clear of the verein structure?
In the inexorable march toward greater global consolidation, will law firms steer clear of the verein structure?
This Big Law associate is a mysterious blogger on a mission to prevent young lawyers from falling prey to their own lousy money management.
If anyone knows what it takes to be a successful divorce lawyer it's Eleanor Alter.
Though they've been swelling the junior ranks of the profession for the last 20 years or so, Asian Americans are still rarities at the top, particularly in Big Law.
Isaac Lidsky, who in 2008 became the first blind U.S. Supreme Court law clerk, writes in a new memoir that working for a Big Law firm after his clerkship felt like trading in a “legal joyride” for a job as a corporate chauffeur.
I am truly sorry that so much of the news and gossip, even in our little world of law, is about Donald Trump.
The counselor to the president isn't getting a fair shake.
Any progress that the Obama administration made to increase accountability in higher education seems destined for Trump’s dustbin.
Dangerous rhetoric and a president who praises it. Where are Trump’s lawyers?
Phil Ivey has been granted permission by the U.K. Supreme Court to challenge a decision by the Court of Appeal.
If the election had turned out differently, Karen Dunn wouldn't be sitting at her desk at Boies Schiller Flexner in Washington. She'd be somewhere in the West Wing, at the red-hot center of the presidency.
Remember Alan Hruska, the former Cravath, Swaine & Moore partner turned playwright, novelist and filmmaker? Recently, the 83-year-old former litigator opened his play "Ring Twice for Miranda" at City Center in New York, a highly prestigious off-Broadway venue.
Considering what's going on at the White House, is that what clients look for in their lawyers—someone who can tell them how far they can push the ethics boundaries without breaking the law?
The White House counsel seems missing in action amid the ever-mounting conflicts of interest involving this presidency.
Here are two cardinal sins for an attorney: saying something publicly that hurts your client’s case. And bad lawyering. Rudy Giuliani appears to be guilty of both
Forgive me for being a cynic (who me?), but I'm not at all convinced that law firm managers are losing sleep when women lawyers fly the coop.
After three days of deliberating, the federal jury in Dallas was back, ready to answer a $6 billion question: Did Facebook Inc. steal virtual reality technology for the Oculus Rift from Skadden's client, videogame maker ZeniMax Media Inc.?
While former Akin Gump lawyer Jeffrey Wertkin awaits his fate after his arrest for trying to sell a sealed whistleblower suit for $300,000, let's take a moment to revisit some prominent attorneys who made a mess of things.
A study finds that female lawyers from a wealthy background have a harder time getting hired at law firms than men from the same economic class.
Trump’s assault on the integrity of the presidency already makes Richard Nixon look like an amateur—and a saint.
A Bryan Cave associate in St. Louis recently penned an op-ed in The Wall Street Journal.
The president should hope is that no court every reaches the merits of his lawyers’ defense of emoluments clause violations.
Alternative facts. Alternative reality. Whatever. Any way you look at it, it's been surreal for the past two months.
Baker & McKenzie lost its ampersand last month, and Boies, Schiller & Flexner, not to be outdone, recently dropped its squiggly symbol and also ditched a comma.
Donald Trump has tapped into our primal insecurities about our looks, and how our physical flaws can diminish our professional success.
A spotlight shines on a Big Law partner in the shadow of President-elect Donald Trump.
Trump’s first press conference was not a particularly good day for the legal profession.
Anti-corruption efforts made strides during the Obama years. Will the momentum cease?
Law firms take their time in bidding attorneys adieu, so it's wise to stay one step ahead of the game.
The new attorney general says he’ll be independent; here’s a chance for him to prove it.
A crowdfunded legal action to determine whether Brexit can be reversed will begin in Ireland later this month. The suit seeks a referral to the European Court of Justice to rule on whether the U.K. can unilaterally revoke Article 50, which starts a two-year deadline for an EU member to complete its withdrawal from the political bloc.
More than a few Big Law partners dream of leaving their practices behind and becoming successful novelists. Ron Liebman made it a reality.
London expects to lose its legal battle over whether it can start the Brexit process without wider parliamentary approval. The British government appealed a High Court ruling that parliament must be allowed to vote on triggering Article 50, which starts a two-year deadline for an EU member to withdraw from the political bloc.
Human rights campaign group Liberty has launched a crowdfunded legal challenge to new legislation that it claims grants the British government “indiscriminate state spying powers.”
It's time to make those New Year's resolutions, when waistbands are tight, wallets are empty and even a dry martini has lost its appeal.
A U.K. law firm with private equity backing spent almost a million pounds attempting to buy a rival insurance practice in 2015, accounts have revealed.
As Donald Trump shatters norms underpinning American democracy, how should the legal profession respond? Not with excuses for him, that’s for sure.
Law firms in the U.K. could soon face a glut of insolvency and restructuring work, with data suggesting that thousands of companies in the travel sector are at risk of going bust.
You're swamped with deadlines, you're constantly traveling, you're dealing with obnoxious opposing counsel or a cranky judge or difficult colleagues. Wouldn't it be great to be a law professor? Pondering the majesty of the law, enlightening eager students? Here's the story of one big-time litigator who made the move—and came back.
The chief executive of the Law Society, the professional body for solicitors in England and Wales, has resigned over a lack of progress in attempts to reform its governance.
Ten predictions for 2017.
What a year. We started thinking that we would make history with the first female president—and we ended it with one that makes the Mad Men era look progressive.
For some British firms that have converted to alternative business structures, external investment is fueling growth. But Big Law is unconvinced.
Female lawyers are still dramatically underrepresented in the equity partner ranks.
With the Clean Power Plan likely to be scrapped, Democrats may see the downside of executive action.
The central problem afflicting most troubled law firms remains the same.
Combine fake news with loss of civilian control over the military and the result is a really great movie.]
If you're worried about gender equality in Big Law, perhaps you should discreetly inquire about your boss's political sympathies.
Tucked into the Dodd-Frank Act was a transparency revolution. What will Trump's rollback mean for American policy on "conflict minerals" and "Publish What You Pay"? This is the first in a series of three Global Lawyer columns on anticorruption under Trump.
The European Union is to make a renewed attempt to wrench euro-denominated clearing business from London to the eurozone in a move that could cost tens of thousands of jobs in the U.K. capital.
U.S. law firms have dominated global capital markets work in 2016, according to Bloomberg’s preliminary legal adviser report.
Houston-based Susman Godfrey doesn't do things in understated ways—not in the way it throws a party or the way it pays its associates.
The U.K. chancellor and British lawmakers have joined calls for the government to seek a transitional deal to smooth the country's withdrawal from the European Union.
Efforts to pare back the Justice Against Sponsors of Terrorism Act have fallen short despite a gusher of cash from Saudi Arabian coffers to lobbyists from DLA Piper and Hogan Lovells.
A major report on boardroom confidence has revealed that the U.K.'s largest public companies are overwhelmingly downbeat on the country's economic outlook for 2017.
Once again, the ABA has demonstrated its inability to deal with the biggest problem confronting legal education.
One of the lead lawyers in the historic legal challenge over whether the U.K. prime minister has the power to start Brexit has told The American Lawyer that he is “confident” an earlier ruling demanding the process be subject to a parliamentary vote will be upheld.
Folks, I can't make this stuff up.
Jason Brezler tried to do the right thing. The U.S. Marine Corps major warned his comrades in Afghanistan of a possible attack, but in his haste to do so, he sent a classified document from his personal email account. That got Brezler booted from the Marines.
News flash: A number of not-so-highly ranked schools managed to get a high percentage (70 percent or more) of their graduates into full-time jobs that require JDs or are JD-advantaged.
The U.K.'s first publicly listed law firm continues to power ahead, with Gateley announcing that its revenue increased 19 percent and its pre-tax profit soared 44 percent in the first half of the current fiscal year.
An Oxford graduate is suing the prestigious university for 1 million pounds ($1.27 million), claiming that its “appallingly bad” teaching prevented him from having a successful career as a lawyer.
Allen & Overy, DLA Piper, Norton Rose Fulbright and Reed Smith are among a group of 20 law firms rated by clients as providing the best level of overall service.
Alan Dershowitz takes issue with former Debevoise & Plimpton partner Louis Begley's points about discrimination against Jews—or lack thereof.
This is not the story I thought I would be telling.
For all those women out there who've played by the rule book, Hillary's loss feels distinctly personal. For women lawyers, particularly, she was one of our own.
A retired partner at Debevoise & Plimpton, Begley writes about New York's moneyed class with stinging subtlety. Here are excerpts from our meeting and a subsequent phone conversation.
A viral petition isn't the answer.
Watching events unfold at King & Wood Mallesons' European arm over the past few months has felt like watching a three-car pile up in slow motion.
A leading expert in partnership law has dismissed the possibility of partners at King & Wood Mallesons’ European arm having to repay two years’ worth of profits if they refuse the offer of a financial bailout from the firm’s Chinese partnership.
My second open letter to President-elect Trump, who once decried this institution as "a disaster for democracy" but now calls it "genius."
The U.K.’s Brexit future has become even less clear after the Supreme Court ruled that the Scottish and Welsh governments can join a historic legal battle over the country’s withdrawal from the European Union.
The legal services industry isn’t exactly known for innovation. Lawyers are inherently conservative and change averse animals, and law firms have as a result tended to be years behind other professional services businesses when it comes to areas such as technology, working practices, business development and marketing.
The U.K. government’s plans to offload more of its majority holding in Royal Bank of Scotland have been put on hold due to a massive impending fine from the U.S. Department of Justice.
Sorry Mike Pence—turnabout is fair play. You can't spend weeks demanding that Hillary Clinton bare all of her emails and then think it's A-OK to claim your communications as governor of Indiana should be shielded from disclosure. Pence and his lawyers from Barnes & Thornburg, however, don't seem to have a problem making that argument.
It used to be that law firms seeking to win work from clients simply had to have the best lawyers or the lowest rates. Not anymore.
Lawyers and the press have a special obligation to hold elected officials accountable. In that respect, President-elect Trump could pose special challenges.
Litigator extraordinaire and onetime "Good Wife" star David Boies knows his share of muckety-mucks, so it shouldn't be surprising that he's crossed paths with Donald Trump. (You'll recall that Boies argued for Al Gore in "Bush v. Gore" before the U.S. Supreme Court.)
The U.K. might have to pay the European Union as much as 60 billion euros ($65 billion) in order to leave the political bloc in a process that could take longer than five years to complete, the Financial Times reports.
A report by Ernst & Young states that London could lose 18,000 legal and accounting services jobs if the U.K. no longer has access to the single market once the country leaves the European Union. The accounting giant estimates that a loss of passporting rights for euro-denominated clearing could cost London a total of 83,000 jobs.
They're flocking to other Manhattan neighborhoods and, yes, Brooklyn in search of broader culture and diversity.
A law school that never should have existed bites the dust; the systemic problems remain.
Almost all of the large scale combinations involving U.S. law firms over the past few years have been cross-border. This one is dfferent.
With Republicans in control of the White House and Congress and poised to pick the tie-breaking ninth U.S. Supreme Court justice, the plaintiffs bar is now one of the few checks on government power.
The European Commission has predicted that U.K. economic growth will almost halve from 1.9 percent to just 1 percent in 2017 following the Brexit vote.
A shock result following a highly divisive campaign with worrying racial undertones, stock markets crashing, currency tumbling, social media in uproar . . . anyone else getting a strong sense of deja-vu? The Dawn of Trump: It's like Brexit all over again.
U.K. law firms continue to position themselves in an attempt to tap into the fast-growing financial technology market, with Addleshaw Goddard the latest to announce that it will offer free legal advice to startup companies.
As Americans head to the polls, a small army of election lawyers is waiting in the wings. The odds of a contested election like Bush v. Gore—where the outcome is so close that it turns on one state, and one state is so close that victory hangs on a recount—are slim. But if it happens, there are lawyers on both sides ready to go.
The scandal enveloping Governor Chris Christie will not go away, but that doesn’t seem to bother Donald Trump.
What is it with law firms suing former partners at the moment? Less than a fortnight after it emerged that King & Wood Mallesons filed suit against Goodwin Procter and former corporate co-head Richard Lever, British firm Addleshaw Goddard has brought arbitration proceedings against its former real estate head Mark Haywood.
The cliché is that money can't buy you love. That might be true, but in the world of Big Law, it can buy you at least a modicum of satisfaction. One reason that Big Law partners seem pretty happy, according to a new survey by Major, Lindsey & Africa on partner compensation, is that 2016 was a jolly good year for making dough.
How ironic that lawyers have a reputation as pitbulls who can't resist a tough fight. From my perch—as a former lawyer and current journalist—I'd say the opposite is often true. Although lawyers can be royal pains in advocating for their clients, there's also a side that's oddly passive-aggressive and, sometimes, just cowardly.
Hong Kong's law reform commission called for legalizing arbitration finance on Oct. 12. If the past is any guide, Singapore's law ministry, which reviewed guidelines for third-party funding this summer, will swiftly make a matching move.
The ink has barely dried on the three-way merger agreement between British firms CMS Cameron McKenna, Nabarro and Olswang, but rumors are already circulating that an American firm may be joining the party.
Can anyone be shocked that Donald Trump's campaign universe is populated by lawyers? Some are his hired guns (and we're not even talking about those he deploys for his business) and many represent his adversaries. And some are unwittingly sucked into his orbit through romantic ties.
Plush partner offices are out; cappuccino bars and on-site gyms are in.
When was the last time that a British law firm hired a genuinely market leading partner in London? That's not rhetorical: I honestly cannot remember. U.S. firms have been systematically poaching partners from U.K. rivals for decades. But their dominance of the London recruitment market now appears almost absolute.
Donald Trump has made remarkable claims about what his administration would do to former U.S. Secretary of State Hillary Clinton and other political adversaries. But who would execute his orders?
A new chance to consider corporate human rights liability has been served up to the U.S. Supreme Court in the Jesner v. Arab Bank cert petition filed Oct. 6. For the sake of international law, the justices should grab it.
A historic legal challenge designed to block the U.K.'s exit from the European Union has failed after a court rejected it as "not viable." Raymond McCord, a campaigner for victims of nationalist troubles in Northern Ireland, had initiated proceedings arguing that the country's devolved government could stop the Brexit process.
Despite decades of debate, the U.S. legal market appears no closer to settling the thorny issue of whether law firms should be permitted to have nonlawyer owners. U.S. lawyers frustrated by this lack of progress might cringe at new accounts by Gateley showing that partners in the U.K. firm earned nearly $8 million from share sales last year.
Already a regional power in public international law, Foley Hoag on Monday launched a United Nations practice group, thought to be the first of its kind at an Am Law 200 firm. Christina Hioureas, whose parents fled the Greek military junta in the 1970s, heads the new five-lawyer group.
After gold mines laced the San Salvador River with cyanide in 2009, North American miners challenged El Salvador's right to halt mining. Pac Rim v. El Salvador became a focal point of the movement against investor arbitration, and deservedly so. But do critics rejoice when bad things happen to bad companies? No.
A combination of growing pressure from clients on fees, increasing associate salary costs and declining productivity is causing profit margins to fall at the U.K.'s largest law firms, according to a new survey by big four accounting firm PricewaterhouseCoopers.
The Twitter accounts of lawyers are usually lonely, desolate places ignored by many and visited by a nerdy few, but Ted Boutrous just broke away from that pack. On Saturday, Boutrous, the co-head of Gibson, Dunn & Crutcher’s global litigation department, lit up Twitter with an offer to represent pro bono anyone sued by Donald Trump.
Is Donald Trump holding his attorneys back, or is it the other way around?
For all of the potential benefits of mergers, they are incredibly expensive to carry out. Systems and processes need to be integrated, staff moved to new premises and expensive brand consultants hired to work out what font to use in your new logo. But that isn't all. Unfortunately, there is almost always a human cost to pay.
For those who think Big Law partners are miserable, lost souls, I've got news for you: They are quite happy, thank you. Plus, they're making bundles of money. And guess what? Many wouldn't dream of scaling down their practice (and the money) for more free time. In sum, they like what they’re doing and how they're doing it.
Of all her clients, Amal Clooney has represented one nearly as famous as she is: WikiLeaks founder Julian Assange. But apparently no more.
Raphael Lemkin was a rumpled hero in the Pulitzer Prize-winning book about the law of genocide. But in Philippe Sands' "East West Street: On the Origins of 'Genocide' and 'Crimes Against Humanity,'" Lemkin is a rumpled antihero. The heroic role goes to Hersch Lauterpacht, who helped criminalize "crimes against humanity."
David Greene, one of the lead attorneys in a suit challenging the U.K. prime minister's right to start the country's withdrawal from the European Union has dismissed the government’s suggestion that the process will now be subject to a parliamentary vote as "a sop to the judges."
Maybe Donald Trump has sensitized me to the plight of men who feel they're not getting a fair shake. Or maybe I'm just skeptical of what seems to be too good to be true. In any case, I'm getting nervous about some of those wonderfully generous policies aimed at women, particularly new moms.
The British government is considering plans to continue paying billions of pounds into the European Union budget even after the country leaves the political bloc in order to maintain access to the single market.
Everyone assumed that Trump refused to release his tax returns because he paid little or no federal income tax. That could be the best-case scenario, writes columnist Steven Harper.
Mitch Jackson is a little freaked out by creepy clowns. It's not because he's encountered one of the snarling bozos scaring the bejeezus out of people around the globe. Or because he's read Stephen King's novel "It," which some say is the origin of the phenomenon. It's the fad's legal implications that intrigue this California lawyer.
Maybe I've been around the block too many times, but I can't get that worked up over the news this week that male partners make 44 percent more than their female counterparts. (That’s the finding of a recently released survey of big firm partners by Major, Lindsey & Africa.) It's a crying shame. But, really, is that news?
Quinn Emanuel continues its continental hiring spree, boosting its Paris disputes practice with two senior recruits in the space of two days. Shearman & Sterling, on the other hand, has suffered a number of departures in Europe so far this month. A top antitrust partner left the firm's partnership in Brussels this week.
It's true. As a young lawyer, Hillary Clinton once defended a man accused of brutally raping a child. But that's no reason to castigate her. If anything, she should be praised for doing her job to the best of her ability. Because that’s how our justice system works.
VTB Bank has become the first major financial institution to announce the relocation of its European headquarters from London due to the U.K.'s decision to leave the European Union. The Russian state-owned lender currently employs several hundred people in London and runs some global functions from the British capital.
If you thought the presidential election couldn't get any uglier, guess again. A suit against Donald Trump alleging that he raped a 13-year-old girl now has new life. On Monday, Florida criminal defense lawyer J. Cheney Mason filed court papers to represent "Jane Doe" in a suit against Trump and disgraced financier Jeffrey Epstein.
Crain's New York Business recently listed its 100 best places to work in the Big Apple—and, once again, Wall Street law firms are no where to be found. Only seven law firms made it. And the winners are . . .
When we last asked what's new in Yukos v. Russia, our answer was "the truth." But if U.S. courts ever probe the truth of Yukos' origins, it won't be any time soon.
Germany is considering changing its labor laws in order to help the country win business from the U.K. following June's Brexit vote, as leading banks like JPMorgan Chase and Morgan Stanley confirm reviews of their staffing arrangements in the region, although New York could become a more attractive locale for the financial services giants.
Greenberg Traurig and Boston-based Sullivan & Worcester are hoping to capitalize on regulatory changes in Israel.
King & Wood Mallesons has finally ended its six-month search for a new European managing partner by electing global corporate, M&A and securities co-head Tim Bednall to the role. The firm had been on the hunt for a new regional head since February, when William Boss stepped down just one year into a three-year term.
Far more young lawyers want to help the poor than there are firms that sponsor fellowships. Meet a few of these remarkable young people.
If there is one law firm that stands to gain by a Donald Trump victory in November, it would seem to be Greenberg Traurig, where top campaign surrogate Rudy Giuliani is a partner. But apparently that's not enough to persuade many of Giuliani's law partners to back the Republican nominee.
Female lawyers of America, take heart: You are not the only ones stuck in your careers. Your sisters in Corporate America are just as screwed.
There comes a point in every “lifetime of litigation” case when the docket sails beyond solipsism into self-parody. We may have just reached that point with the Kremlin in the Yukos case.
Why Donald Trump will never release his tax returns.
I hate to burst your balloon, but I find "best female lawyers" lists annoying. To me, these shoutouts suggest that women are unable to compete with the big boys. Its become a booming industry to dole out awards to "top" women in law and business. Recently, titles owned by my own company, ALM Media LLC, have entered the fray.