Lawyers are susceptible to fall for phishing scams, finds study.
Lawyers are susceptible to fall for phishing scams, finds study.
Dentons argued that its status as a Swiss verein should have insulated the firm from a former client's conflict claims. A judge wasn't convinced.
Fuelled by a series of acquisitions, publicly listed Australian law firm Slater and Gordon has announced a strong set of financials for the last fiscal year, posting significant increases in both revenue and earnings.
Dealmakers saw the upside of sunken oil prices yet again this week.
Pro bono is nice, but it helps to get paid. This week we track fees from the Law School Admission Council’s litigation woes, an IPO for investment bank Houlihan Lokey and Monsanto lobbying.
Lawyers for Dewey & LeBoeuf’s former leaders say the state failed to provide enough proof to convict their clients.
A new study says that couples who share equally in childcare have better sex.
David Quinto, one of the first partners at Quinn Emanuel Urquhart & Sullivan until leaving the litigation powerhouse last year, is headed to Davis Wright Tremaine with Scott Commerson. The two Quinn Emanuel alums hope for referrals from their former colleagues.
From Davis Polk to the Justice Department to … Bachelor in Paradise?
As they prepare to rest their case, prosecutors in the criminal trial of three former Dewey & LeBoeuf executives called to the stand a forensic accounting consultant who testified that accounting adjustments each year lifted net income by tens of millions of dollars.
K&L Gates offsets a series of partner departures with hires in Dallas and Asia; Ashurst brings back a private equity pro from Skadden; Boies Schiller bags one from Cravath; a McKenna Long founder decamps; and other notable additions from throughout The Am Law 200.
Dentons global chairman Joe Andrew and global CEO Elliott Portnoy said market unrest can sometimes be good for business.
A Canadian securities regulator slapped ex-Davies Ward partner Mitchell Finkelstein with a nearly half-million-dollar fine for tipping off his former fraternity brother about upcoming deals.
Surfing IP lawyer (and pun-enthusiast) James Cleary says his morning “board meetings” amid the waves give him credibility with clients.
Jurors in a New York criminal court were presented Tuesday with conflicting stories about the timing and circumstances that led to the downfall of Dewey & LeBoeuf during the testimony of Janis Meyer, the firm's former general counsel.
Less than a year after agreeing to absorb the bulk of Bingham McCutchen, Morgan, Lewis & Bockius has agreed to sublease space in Boston that it agreed to move into last year, before its combination with the former was finalized in January.
Defense attorneys chipped away Monday at potentially damaging testimony by a former Dewey & LeBoeuf general counsel, casting her as an insider who failed to share material information with investors in a firm bond offering when she had the chance.
Here are the five most annoying questions law firms love to ask.
China's stock tumble, with its nerve-rattling aftershocks in the U.S., may cause law firms to further scrutinize their strategy in Asia.
Baker & McKenzie, having lost its position as the world’s largest-grossing law firm earlier this year to Latham & Watkins, has now slipped behind second-ranked global rival DLA Piper after announcing declines in both revenue and profit.
Jeff Bezos disagrees with The New York Times’ description of his company’s culture. Could Bezos and the Times both be right?
Plaintiffs got three big breaks in the case, which underscore the power of trial judges in settlements.
The framework of the settlement agreement was reached last week, days before a damages trial was to begin in the Eastern District of New York.
The Miami-based Am Law 100 is the latest to ramp up its operations in Mexico, picking up the co-founders of Mexico City’s Orrantia y Robles and a Jones Day labor law expert. The hires come two months after Jones Day hired Greenberg Traurig’s local managing partner.
Wachtell Lipton is now monitoring lawyers 24/7.
Sprout Pharmaceuticals didn't have to wait long for a big-name buyer to spring big bucks for the nascent drug developer. Sullivan & Cromwell took the lead for the company, founded in 2011, on its $1 billion sale this week to longtime Skadden, Arps, Slate, Meagher & Flom client Valeant Pharmaceuticals International.
Janis Meyer, a former general counsel at Dewey & LeBoeuf and current professional ethics and responsibility partner at Hinshaw & Culbertson in New York, testified Thursday in the Dewey & LeBoeuf criminal trial.
The American Lawyer honors eight longtime lawyers with distinctive careers and a commitment to public service. Three others are recognized for extraordinary talents managing their firm.
Two top data privacy and security partners leave McDermott Will & Emery for Ropes & Gray; Latham & Watkins hires again from Clifford Chance in Germany; and more notable additions from throughout The Am Law 200.
As the Dewey criminal trial continues, a senior vice president for Wachovia’s legal banking business chronicled the bank’s decision to end its lending relationship with the firm in 2010.
DLA Piper, Barnes & Thornburg and Stikeman Elliott have been retained by Toronto-based Avid Life Media, owner of AshleyMadison.com, a controversial online dating and social networking service that has been targeted by hackers.
Big Law professes to care about work/life balance, but is it really that different from the dog-eat-dog world of Amazon?
Months after a California federal judge approved a $415 million antitrust class action settlement to resolve Silicon Valley antitrust claims, many of the same lawyers are squaring off in a parallel case involving university medical faculty.
In the the latest example of U.S. firms with merit-based compensation systems poaching from their lockstep Magic Circle rivals, Latham & Watkins has hired another partner in Germany from Clifford Chance.
Elizabeth Nnyanzi, a 31-year-old contract paralegal and aspiring attorney with global legal giant Herbert Smith Freehills, was found dead Friday evening at her home in London. On Monday, a 23-year-old mechanic was charged with her killing.
A cooperating witness testified Tuesday that she didn’t believe the accounting adjustments she made at Dewey & LeBoeuf were fraudulent. Plus: Lawyers argue over stickers, and jurors learn about a dog named Fluffy.
One thing is certain about the 2016 presidential race: It’s going to leave a lot of former Republican candidates looking for something to do. Luckily they’ve got some role models.
Miller, Canfield, Paddock and Stone forged an affiliation agreement with 14-lawyer Arizpe, Valdés & Marcos in Monterrey, the so-called Motown of Mexico. The deal comes after Miller Canfield established a Latin American legal services network with two other firms.
With $2 billion in foreign exchange-related antitrust settlements already under their belts in the U.S., Hausfeld and Scott + Scott are setting their sights—and expanding their footprints—across the Atlantic.
With just a week remaining before New York prosecutors rest their case in the Dewey & LeBoeuf criminal trial, a former subordinate of Dewey's CFO told jurors of false book entries made to financial records.
New research questions if happy workers are more productive.
With Mavrakakis Law Group’s decision to return to Big Law, Haynes and Boone picked up eight boutique patent litigators and a new Chicago office packed with Kirkland & Ellis alums.
For the associates helping to defend Dewey & LeBoeuf’s former leaders, the ongoing Dewey criminal trial has been an eye-opener.
You may not be replaced with an intelligent robot, but be prepared to work with one.
When are "all equity" partnerships really not all equity?
Google turns to its longtime M&A counsel at Cleary Gottlieb to create a new holding company for the search giant, plus a rundown of this week's other megadeals and the law firms scrambling to keep them on track.
The director of revenue support at now-defunct Dewey & LeBoeuf testified Thursday that many at the firm questioned her about what she now says were false accounting adjustments.
Revenue growth in the legal industry accelerated in the second quarter of the year, according to Citi Private Bank’s Law Firm Group. But a slow start to the year and pressure from expenses prompted a downward revision for overall 2015 performance.
The firm announced Wednesday that it has formally hung up a shingle in Mexico City, where the firm will serve clients capitalizing on Mexico’s unfolding energy sector reform.
Thanks to the efforts of a few enterprising lawyers in the white-collar securities defense bar, complaints that the SEC’s administrative enforcement actions are unconstitutional are finally starting to stick.
Cooperating witness Dianne Cascino told jurors in the Dewey & LeBoeuf criminal trial that she improperly manipulated accounting records while at the firm.
Manatt loses another partner to Sidley in Los Angeles; Debevoise makes do with a pair of IP departures; and other notable moves from throughout The Am Law 200.
The finger pointing continued Tuesday in the Dewey & LeBoeuf criminal trial, after a former partner testified that Dewey had failed to make promised bank loan repayments and left him holding the bag.
Police in Overland Park, Kansas, say 51-year-old transactional lawyer Patrick Henderson was found dead after wandering from his suburban home.
Investors would love a crystal ball to tell them what companies will be next on Warren Buffett’s M&A shopping list. But anyone can predict which law firm will be there when Berkshire Hathaway goes on the prowl.
Bruce Keller, the 60-year-old leader of Debevoise & Plimpton's IP litigation group, has taken on an unlikely new role as an assistant U.S. attorney in New Jersey.
It's August, and you want your news quick and dirty. Here's the latest.
Dewey & LeBoeuf’s former billing chief testified Monday that one of the firm’s top executives, ex-CFO Joel Sanders, had instructed her to prepare client invoices aimed at artificially inflating the firm’s revenues.
Mills advised PartnerRe on a previously agreed-upon merger with AXIS Capital before changing gears to confront an evolving—and ultimately successful—hostile bid by Italian investment firm Exor.
Eight lawyers are leaving DLA Piper’s outpost in Sacramento for King & Spalding; Weil, Gotshal & Manges loses two structured finance partners; more partnership changes at K&L Gates; and other notable additions from throughout The Am Law 200.
The legal sector added 200 jobs in July, according to the latest jobs report from the U.S. Bureau of Labor Statistics, continuing a trend of slow and intermittent growth in 2015.
Forget the spin—the ABA blew another one.
The American Lawyer's chief European correspondent meets regularly with senior legal figures at their favorite breakfast spots to chew over the industry's tastiest talking points. This week he dined with two leaders of Gateley Plc, the U.K.'s first publicly listed law firm.
Another major regulatory consulting firm is in hot water after allegedly caving in to pressure from Sullivan & Cromwell to go soft on a bank accused of illegal money laundering activity.
When Coca-Cola bottlers combine to create the largest independent bottler for the mega beverage brand, they need a fountain of law firms to seal the deal. Plus, the pharma M&A frenzy continues in our latest roundup of billion-dollar deals.
In the end, it may not matter how Dewey & LeBoeuf was allegedly fudging its numbers. What matters is the Who—and the Why.
If a newly departed top U.S. prosecutor gets his way, Oglala Sioux elder Alex White Plume may soon turn from hemp martyr to hemp farmer.
Alan Schnitzer, a former partner at Simpson Thacher & Bartlett, is named CEO of The Travelers Cos., the same week that financial regulators approve a reform requiring public companies to disclose the pay ratio between their leaders and rank-and-file workers.
One of the Americans in hot water over alleged poaching incidents in Africa has turned to Blank Rome partner Gregory Linsin to keep the lion hunter-hunters at bay.
An opinionated guide for prospective first-years.
Milbank, Tweed, Hadley & McCloy brings on a Jones Day M&A duo in New York, as the firm watched two others head for the door; Morrison & Foerster adds a pair from Crowell & Moring; and other notable hires from throughout The Am Law 200.
For high-powered lawyers, it’s usually sink or swim. But with the 2015 World Aquatics Championships underway in Kazan, Russia, two U.S. swimmers with Am Law 100 connections are showing how some legal pros take the phrase a bit more literally than others.
After dodging a $40 billion hostile takeover bid by Teva Pharmaceutical Industries Ltd. and forcing Teva to dump its former transactional lawyers at Kirkland & Ellis, it looks like Mylan NV is finally satisfied.
Soon after launching a string of new offices south of the border, the global labor and employment powerhouse is stretching north.
Everybody makes mistakes. But what happens when a mistake costs a client $1.5 billion?
Together with her fiancée Francis Canellas, Lourdes Rodriguez is part of Manhattan prosecutors' power couple in the case against Dewey’s former leaders.
Bankruptcy filings might be down 12 percent over the past year, according to a recent report released by the Administrative Office of the U.S. Courts, but Jones Day has landed key roles on two new notable filings on the business bankruptcy docket.
It's decision time for a U.S. district judge as 9/11 victims seek to hold funders of the 2001 terror attacks accountable in court.
Kirkland & Ellis makes a pair of key additions in New York and London from Simpson Thacher & Bartlett and Freshfields Bruckhaus Deringer; Lewis Brisbois expands again; one partner joins his fourth firm within a year; and other notable hires from throughout The Am Law 200.
Harry Ballan resigned from the partnership at Davis Polk & Wardwell to pursue a lifelong interest in music theory and neuroscience. Now senior counsel at the firm, Ballan is also a director at the Institute for Music and Neurologic Function in the Bronx.
The managing partner of Sullivan & Cromwell’s M&A group stepped in for Kirkland & Ellis on Teva Pharmaceutical Industries’ hostile bid for Mylan and subsequently picked up work on the Israeli drugmaker’s $40.5 billion buy of Allergan’s generics business.
Paul Madden, a commercial litigator at Buchanan Ingersoll & Rooney, is a board member for the Transgender Legal Defense & Education Fund. This month, Madden changed her name to Maryellen Madden, her latest step in transitioning from a man to a woman.
To get the answers about Sandra Bland’s death, someone needs to start asking the right questions.
A bevy of transactions in the pharmaceutical industry and industrial sector in Europe helped make the past week a big one for M&A, with more than a dozen billion-dollar deals being announced.
Among those called to the stand in the trial of three Dewey & LeBoeuf executives were an assistant to a former rainmaker, an ex-partner from predecessor Dewey Ballantine and a banker who oversaw HSBC’s $10 million loan to the now-defunct firm.
For 15 years Curtis, Mallet-Prevost, Colt & Mosle sought the release of Jonathan Pollard, a former Naval intelligence analyst who served 29 years in prison for slipping secrets to Israeli officials. This week, two Curtis litigators learned that Pollard will be freed on parole.
Israel's Teva Pharmaceutical announced its $40.5 billion buy of Allergan’s generics business this week, a move that saw the acquirer drop its hostile bid for Mylan NV, which it had pursued since April. While that cooled off a heated takeover battle, Mylan remains embroiled in a pair of suits, including a putative shareholder class action and another case against Teva’s ex-corporate lawyers at Kirkland & Ellis.
Darren VanPuymbrouck spent nearly 26 years at Schiff Hardin before joining Barnes & Thornburg a year ago this week. Since then, the Chicago litigator has been on the move two more times, most recently joining Freeborn & Peters this month to head its fire and explosion response and litigation task force.
The ABA's task force on law school financing was convened to push much-needed student loan reforms. Instead it concluded that everything is fine.
Avvo Inc., a Seattle-based startup and online marketplace for finding and rating lawyers, is valued at $650 million after raising $71.5 million from Technology Crossover Ventures, Coatue and Vulcan Capital.
K&L Gates, which has watched more than 90 partners depart this year, saw another handful leave within the past week; Morrison & Foerster picks up an Asian litigation leader; O'Melveny & Myers adds one in London; and other notable hires from throughout The Am Law 200.
Canada’s Davies Ward Phillips & Vineberg scored a victory this week for pro bono client Dutee Chand, a female sprinter from India and Olympic hopeful previously banned from competition because of high levels of naturally occurring testosterone.
Burford Capital, the world’s largest litigation funder, is getting into the business of lending to law firms, the firm’s CEO announced during an earnings call Tuesday. Burford announced record income and record amounts of new investments during the first half of 2015.
A select group of Am Law 200 firms are among those touted by Working Mother magazine and consulting firm Flex-Time Lawyers for their annual look at the 50 best firms for women, based on metrics like family-friendly policies and percentage of female partners.
Howard Schickler, a former structured finance partner at Dewey & LeBoeuf, said he left the firm in late 2010 for Katten Muchin Rosenman with 12 other lawyers because he did not receive the compensation he was promised.
Michael Hausfeld and his former partners from big plaintiffs firm Cohen Milstein vie for lead roles in antitrust litigation filed against a bevy of big banks for manipulating foreign exchange rates.
Jyhjing Harrington testified Monday that she and others in the now-defunct firm's finance department falsified financial statements by making illegitimate entries at the end of each fiscal year between 2008 and 2011.
Following the completion Friday of AT&T’s $48.5 billion acquisition of DirecTV, The Am Law Daily caught up with AT&T’s go-to antitrust lawyers.
After almost 16 years at Morgan, Lewis & Bockius, former litigation partner Victoria Miller has taken her talents elsewhere, having left the firm earlier this year to focus on operating her own wine tasting company.