Law News
Law news found and posted by the lawyrs community.
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May 17 2012
New York law firm Kelley Drye & Warren has agreed to pay $574,000 in compensation to former equity partner Eugene T D’Ablemont, who was forced to give up his equity in...
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May 08 2012
Patent transactions of increasing value are attracting the attention of antitrust regulators, necessitating the use of antitrust experts in a field that previously had...
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May 07 2012
The most expensive US lawyers are becoming even more costly, while the cheapest are barely keeping up with inflation, according to this story published in the Wall...
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May 04 2012
The Am Law Daily has released figures that give a snapshot of the legal services industry over the past year. The top 100 firms saw single digit growth in gross...
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May 04 2012
Dewey & LeBoeuf continues to hemorrhage its lawyer base, with the Moscow team jumping ship to open a Russia base for Morgan Lewis & Bockius, while London banking and...
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May 02 2012
Norton Rose Group is looking for mergers in the US and China, according to Chief Executive Officer Peter Martyr. Norton Rose now has a headcount of 2,900 lawyers,...
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May 01 2012
Fourteen law firm mergers were announced in the US in the first three months of this year, according to a new report from legal consulting firm Altman Weil.
“Firms...
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May 01 2012
Fourteen law firm mergers were announced in the US in the first three months of this year, according to a new report from legal consulting firm Altman Weil.
“Firms...
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Apr 30 2012
Troubled US law firm Dewey & LeBoeuf has dumped former chairman Steven H. Davis, who is under criminal investigation for alleged financial improprieties....
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Apr 30 2012
A new survey shows that US companies plan to spend less money on defending themselves against class action claims, despite a predicted increase in the number of suits...
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Apr 27 2012
Reports are circulating that troubled New York law firm Dewey & LeBoeuf is facing serious debt problems, and has until the end of the month to negotiate extending a...
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Apr 26 2012
Clifford Chance and DLA Piper have taken leading roles on Pfizer's $11.9 billion cash sale of its baby food business to Nestle.
Nestle is advised by US law firm...
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Apr 25 2012
Dewey & LeBoeuf has lost one of the firm’s most senior London partners, Fred Gander. Gander, a taxation specialist who has been with Dewey since 1991, will join KPMG...
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Apr 24 2012
Dewey & LeBoeuf has said that its troubles in the US have no bearing upon its operation in Hong Kong. Hong Kong managing partner Heng Loong Cheong said: “The Hong Kong...
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Apr 23 2012
The US Securities and Exchange Commission has appointed Matthew Solomon as the deputy chief litigation counsel of its enforcement division. The role will see Solomon...
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Apr 19 2012
US firm Dickinson Wright has formed an alliance with Macau firm MdME, pursuing a strategy of expansion into Asia, and affording MdME the chance to offer their clients...
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Apr 19 2012
US firm Dickinson Wright has formed an alliance with Macau firm MdME, pursuing a strategy of expansion into Asia, and affording MdME the chance to offer their clients...
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Apr 17 2012
A US District Court has dismissed a claim brought by 24 retired partners from the now-defunct law firm Coudert. The group alleged that Baker & McKenzie, Orrick...
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Apr 17 2012
German corporate and competition boutique Glade Michel Wirtz has made a couple of high profile lateral hires, bringing two partners across from US firm Shearman &...
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Apr 15 2012
Three leading lawyers from Seattle law firm Stafford Frey Cooper have announced that they will be leaving to set up their own boutique defense firm.
Attorneys Ted...
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Apr 13 2012
Over the past two years, numerous US law firms have entered the market in Hong Kong and recruited top talent from their UK rivals, and now they are starting to see...
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Apr 12 2012
Pittsburgh-based aluminum company Alcoa Inc has hired Audrey Strauss, a senior litigation partner at Fried Frank, as its chief legal officer, chief compliance officer...
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Apr 12 2012
International law firms have significantly increased their presence in China over the past year, with the top 250 US firms bumping their headcount in China by 10 per...
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Apr 11 2012
US firm Dewey & LeBoeuf has not yet managed to stem the flow of departing partners, with another two announcing their intention to leave the firm’s London office....
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Apr 09 2012
The US legal services sector lost 1,300 jobs last month, according to the latest figures released by the Labor Department.
The figures neutralise the modest gains...
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Apr 06 2012
A US court has ruled that that lawyers from Eaton Peabody and Baker & Hostetler overcharged for legal work, inflating their charges with overstaffing and redundant...
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Mar 30 2012
New Zealand law firms are unlikely to follow the lead of their neighbour Australia when it comes to forming alliances with large British or American law firms,...
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Mar 30 2012
As the Korean legal services market opens up to foreign law firms – a result of free trade agreements recently concluded with the US and the UK – attempts are being...
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Mar 29 2012
Perkins Coie has launched a national Healthcare Industry Group in Seattle after the hire of partners Renee Howard, Anne Redman and David Robbins, Of Counsel Brian...
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Mar 29 2012
While law school admissions in the US have, on average, been decreasing, there are a few schools that saw enrollments increase in 2011. U.S. News & World Report has...
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Mar 27 2012
As high-paying graduate jobs become ever more scarce in the US, the debt burden carried by law students is becoming a point of considerable controversy. US News...
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Mar 21 2012
Akin Gump Strauss Hauer & Feld has boosted its energy and global transactions team in Houston with the hire of partner Stephen Davis from Vinson & Elkins.
Davis is...
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Mar 20 2012
DLA Piper’s international partnership is set to adopt an all-equity partnership model on 1 May 2012, following the lead of its US partnership, which moved to an all...
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Mar 16 2012
The class action lawsuit suing multiple US schools over false data provided to prospective students has seen a win this week, when Thomas Jefferson School of Law’s...
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Mar 16 2012
US law firms grew their partner count in London by nearly 10% during 2011, evidence that they are gaining a larger slice of the European legal services market....
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Mar 15 2012
US firm Nixon Peabody has formed a strategic alliance with the Beijing-based Hylands Law Firm. The alliance affords Nixon Peabody a significant anchor in China, with...
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Mar 15 2012
US firm Hughes Hubbard & Reed has posted increases in gross revenue, profits per partner, and revenue per lawyer for the 2010-11 period.
The firm's gross revenue...
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Mar 14 2012
Clifford Chance has announced the formation of a US Financial Services Regulatory Group, calling on the talents of eight partners from three practice groups. The group...
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Mar 13 2012
The debate over law school fees is a controversy that seems to continue without precipitating a whole lot of change for the better. Now, Paul Campos has proposed an...
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Mar 13 2012
A federal judge in New York has dismissed the suit brought by plaintiff firm Jacoby & Meyers which challenged a state rule prohibiting nonlawyer investment in law...
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Mar 09 2012
US litigation firm Quinn Emanuel Urquhart & Sullivan has released the details of an ambitious new expansion strategy.
The firm wishes to add to its existing German...
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Mar 09 2012
UK insurance specialist firm Reynolds Porter Chamberlain has boosted its Singapore office by relocating legal director Jeremy Hewitt from London.
Mark Errington,...
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Mar 08 2012
US firm Ropes & Gray is the latest international firms to announce plans to open an office in Seoul, after a free trade deal between the US and South Korea opened the...
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Mar 07 2012
New York firm Kasowitz Benson Torres & Friedman has reported a decline in both revenue and profits per partner in 2011. The firm’s revenue dropped 2 per cent from...
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Mar 06 2012
US firm Edwards Wildman Palmer has posted an 18 per cent increase in revenue, from $297.9 million to $352.7 million in its first post-merger financial results. The...
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Mar 06 2012
According to this report, securities class actions have flat-lined in the US, but there is a significant upward trend in this kind of litigation in Canada, and US...
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Mar 02 2012
US firm Katten Muchin Rosenman has entered the Chinese legal services market with an office in Shanghai. The firm’s entry into China has been given a boost with the...
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Mar 02 2012
Miami-based law firm Holland & Knight has announced further expansion in Latin America with the imminent launch of new office in Bogotá, Colombia.
The firm will...
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Mar 02 2012
The National Law Journal’s ranking of US law schools placing the highest percentage of their 2011 graduates in large law firms shows that graduates of Penn and...
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Feb 29 2012
The National Law Journal has ranked the top 50 US law schools based on the percentage of graduates who took jobs in the country’s biggest 250 firms by headcount....
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Feb 28 2012
David Anziska and Jesse Strauss' crusade against law schools that provide misleading information to potential students continues apace. This year, the duo have...
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Feb 27 2012
Two US lawyers are suing Westlaw and LexisNexis, with the audacious claim that the legal database providers have breached copyright by copying publicly filed briefs,...
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Feb 24 2012
Livemint has published this interesting article on the leadership challenges faced by Indian law firms. While most law firms around the world are run as pure...
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Feb 24 2012
US firm Covington & Burling has reported a 5.1 per cent increase in total revenue, going from $581.5 million in 2010 to $611 million in 2011. Average profit per equity...
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Feb 23 2012
US firms may legally enter and operate in South Korea from 15 March under the new free trade agreement.
Last week McDermott Will & Emery was the latest firm to...
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Feb 15 2012
DLA Piper has launched a new office in Mexico City. The new base will be staffed with a team of 16 lawyers from the Texas law firm Thompson & Knight, and will focus on...
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Feb 14 2012
Two lawyers from the disgraced New York foreclosure firm Steven J. Baum PC have opened their own firm in Buffalo with 18 attorneys and counting, with plans for another...
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Feb 13 2012
US firm Winston & Strawn has boosted its Moscow practice with the hire of Norton Rose finance partner Andrei Yakovlev.
Yakovlev will divide his time between...
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Feb 08 2012
The legal services market in Hong Kong has long been dominated by British firms, but US law firms are now a potent force, attracting top talent by offer larger...
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Feb 08 2012
Philadelphia law firm Pepper Hamilton has appointed a non-lawyer as its chief executive, hiring Scott Green, the former executive director of WilmerHale, to lead the...
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Feb 08 2012
Skadden, Arps, Slate, Meagher & Flom is set to launch a capital markets practice in Germany after the hire a two-partner team from Shearman & Sterling. Shearman's...
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Feb 06 2012
The legal services sector in the US added about 1000 jobs in January, regaining at least some of the ground lost in January, when the sector lost 1,800 jobs....
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Feb 04 2012
Four litigation lawyers have departed from the London office of US litigation firm Quinn Emanuel, punching a largeish hole in the team of 13.
The firm’s London has...
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Feb 03 2012
The lateral market is heating up, as law firms reduce their graduate recruitment and seek to expand by hiring partners with established client lists from other law...
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Feb 03 2012
Twelve more law suits have been initated against US law schools, with the team of lawyers behind proposed class actions against the Thomas M. Cooley School of Law and...
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Feb 02 2012
The New York court system is suffering the effects of the $170 million in budget cuts made in the 2011-12 period, with widespread court delays, shortages of...
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Jan 31 2012
Brand research company Acritas has compiled a list of the strongest brands in the US and global legal services market. Their study, which surveyed 902 clients, of...
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Jan 28 2012
U.S. firm Fried Frank Harris Shriver & Jacobson has boosted its Hong Kong corporate practice with the hire of partner Carolyn Sng of Herbert Smith.
Sng’s practice...
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Jan 28 2012
Davis Polk & Wardwell and Dewey & Boeuf 40] have taken lead roles in the leadup to a $5.7 hostile takeover bud for San Diego–based gene-mapping equipment-maker...
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Jan 27 2012
Legal Aid in the US is set to take yet another hit, as a bill passed last November to slash federal funding for civil legal assistance to the poor by about 14% — from...
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Jan 25 2012
Freshfields Bruckhaus Deringer has launched a global financial investors group to handle private equity, infrastructure funds, sovereign wealth funds and alternative...
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Jan 25 2012
Hogan Lovells Robert Bennett has said that due to client conflict he is unable to defend the operators of file-sharing Web site Megaupload against charges that they...
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Jan 23 2012
The managing partner of US firm Kirkland & Ellis has surprised the firm by handing in his resignation for 'personal reasons'. James "Jim" Learner has quit the role and...
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Jan 21 2012
Plaintiff firm Jacoby & Meyers has sued New York, New Jersey and Connecticut, claiming that state laws prohibiting nonlawyers from owning a stake in law firms are...
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Jan 20 2012
McKenna Long & Aldridge and Luce Forward Hamilton & Scripps have announced a merger, forming a combined firm under the McKenna banner, with a headcount of over 600...
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Jan 18 2012
A new survey has found that the vast majority of US and Canadian law students are satisfied with their educational experience. The 2011 Law School Survey of Student...
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Jan 18 2012
A long running dispute between DLA Piper and Dechert over Dechert’s hire of former DLA litigation co-head Neil Gerrard has been settled after going through arbitration...
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Jan 16 2012
Dechert announced its 2011 end-of-year bonuses for US associates just after Christmas, with a schedule of bonuses that broadly matches the standard set by Cleary...
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Jan 15 2012
The AM Law Daily has taken a look at the number of women promoted to partner in leading US firms over the past four years, in order to set a benchmark against which...
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Jan 15 2012
There were 60 mergers between US law firms last year – an increase of 53 per cent – according to a new report by legal consulting firm Altman Weil. The growth in...
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Jan 13 2012
New York-based Parabellum Capital LLC launched last week to enter the field of litigation finance. The firm is a spinoff of the 5-year-old legal finance group from...
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Jan 13 2012
Kirkland & Ellis has increased the salaries of all associates in London, with newly qualified lawyers now £7000 better off on £97,000.
The increases put the firm...
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Jan 09 2012
Everyone recognizes that the L.A. County’s jail system is broken. Los Angeles County Sheriff Lee Baca has been on the job for 13 years. Enough time to right a sinking...
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Jan 06 2012
California firm Irell & Manella has once again topped the bonuses awarded by standard setter Cravath Swaine & Moore. The firm released a memo saying that it would give...
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Dec 29 2011
Law firms looking to expand into South Korea – after a trade deal with the US opened the country’s legal market to foreign firms – will be on the lookout for signs of...
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Dec 29 2011
US firm Reed Smith has boosted its structured finance practice in London, with the hire of UK firm Berwin Leighton Paisner's structured finance chief Tamara Box....
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Dec 28 2011
A senior associate in Pillsbury Winthrop Shaw Pittman’s Washington DC office has been hired as the general counsel at client company China Security & Surveillance...
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Dec 28 2011
US firm Weil Gotshal & Manges has elevated eleven lawyers to the partnership in its annual promotions round.
The promotions take place across the New York,...
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Dec 22 2011
Irish firm A&L Goodbody is set to launch a new office in Palo Alto, California, relocating the firm’s IP and technology head John Whelan and tax partner Paul Fahy to...
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Dec 22 2011
US firms Bingham McHale and Greenebaum Doll & McDonald have announced plans to merge. The combined firm will maintain offices in Indiana, Kentucky and Ohio, and have a...
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Dec 22 2011
Labor and employment boutique Littler Mendelson is set to open two new offices in Mexico after gaining 24 lawyers from full-service Mexican firm Basham, Ringe &...
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Dec 19 2011
US workplace anti-discrimination laws generally apply to employees, while leaving partners to fend for themselves. But a new decision handed down by the New York...
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Dec 19 2011
US firm Davis Polk & Wardwell has announced its annual bonuses for associates, matching the rates set by Cravath Swaine & Moore last month
The Cravath bonus scale...
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Dec 18 2011
US firm Mayer Brown is set to lose five partners from its London office in the coming weeks.
Mayer Brown's London co-head of capital markets Stephanie Bates is...
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Dec 17 2011
Brown Drew & Massey, a US law firm that specialized in oil, gas and corporate practice, is set to shut down at the end of this calendar year, after being in business...
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Dec 17 2011
US law schools have come under fire for a failure to provide sufficient graduate employment data to prospective students. While students continue to enroll in law...
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Dec 14 2011
US firm Shearman & Sterling has promoted nine lawyers to the global partnership in its annual promotions round.
The details of the promotions are as follows:...
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Dec 08 2011
Clifford Chance is exploring an alliance with Chinese firm Broad & Bright. Broad & Bright has 20 partners, 40 associates, and is one of China’s fastest growing firms,...
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Dec 08 2011
Miami-based law firm Greenberg Traurig has announced that it will open an office in Tel Aviv in January. The office will not practice Israeli law, but will provide...
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Dec 07 2011
The 113-year-old Denver firm Holme Roberts & Owen is set to merge with St. Louis-based Bryan Cave.
Holme Roberts will bring its 150 lawyers under the banner of...
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