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Selections from National Law Journal Daily Headlines January 15, 2009

By David Badertscher, PLL

Source: NLJ.com, January 15, 2009.

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FROM THE UPCOMING ISSUE  |  Rocky times for Mayer Brown's new management
"Mayer Brown has lost at least 15 partners since August, including the co-head of its global restructuring, bankruptcy and insolvency group, as the firm prepares to report a double-digit percentage drop in 2008 profits. Several former partners said general worsening economic conditions and a lack of communication between the new firm management and other partners led to the recent departures."

WEB-ONLY  |  Attorney with Guantánamo experience looks to Obama for details on the shut-down, and discusses the ramifications of torture
"David Walters, a Chicago partner at Washington-based Howrey, gained a firsthand look at the legal complexities of closing Guantánamo while representing an Australian citizen captured in Afghanistan and held for nearly six years at Guantánamo."

WEB-ONLY  |  The South emerged as the hot merger region in 2008
"The South was a desirable destination for law firms looking to merge and expand in 2008, according to new report. Of the mergers announced last year, 44% involved at least one law firm based in the South"

WEB-ONLY  |  Ruling that U.S. can't collect $150M in deepwater oil leases may lead to a gusher for oil companies
"The 5th Circuit's ruling that the Interior Department cannot collect more than $150 million in royalties on eight deepwater oil leases in the Gulf of Mexico may prove to be an economic gusher for even more oil companies."

WEB-ONLY  |  U.S. judge orders copies of documents related to U.S. attorney firings must be stored in White House
"A federal district judge has ordered that copies of documents related to the investigation into the 2006 firings of nine U.S. attorneys must be made and stored at the White House for use by the incoming Obama administration, if necessary, and for ongoing litigation over former White House Counsel Harriet Miers' refusal to appear before an investigating House of Representatives committee."

WEB-ONLY  |  U.S., Canada partnership to speed up patent exams is extended
"A partnership program designed to accelerate examinations of patent applications in the United States and Canada has been extended by another two years, until 2011."

WEB-ONLY  |  Milberg kickback defendant gets a short reprieve from prison
"The last defendant to report to federal prison in the criminal kickback case against Milberg LLP, Howard J. Vogel, has received an extension of his surrender date to Jan. 28. A former lead plaintiff for the New York firm, Vogel was scheduled to begin serving a sentence of three months on Wednesday. "

WEB-ONLY  |  Global M&A in the fourth quarter of 2008 hit a five-year low
"Global mergers and acquisitions in the fourth quarter of 2008 hit a five-year low, and the deals in Asia-Pacific last year overtook North America for the first time, according to a new report."

WEB-ONLY  |  Federal appeals court tosses legal malpractice case involving race horse
"The 6th U.S. Circuit Court of Appeals dismissed a legal malpractice suit against a Cincinnati law firm that acknowledged its error for failure to prosecute a civil suit over the sale of a race horse, but argued that its client's suit would have failed on the merits anyway."

OPINION:

PUBLIC SERVICE  |  Bring back citizen-lawyers
"To address crises on several fronts, President-elect Barack Obama, a lawyer himself, has drawn on the legal profession more than any other to fill high-level posts. Eric Holder aside, his appointees merely happen to have a law degree. That economists in government are "economists," but most lawyers in government are not "lawyerly" suggests a problem. The vaunted image of the 'citizen-lawyer,' who deploys legal skills to serve the common good, has thoroughly disappeared from the popular imagination. "

 

Full post as published by New York Supreme Court Criminal Term Library on January 15, 2009 (boomark / email).