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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

An Expert in Law Firm Breakups Looks At Possible Howrey Scenarios

Posted on March 04, 2011
A partnership law expert explains the various scenarios and minefields Howrey could face as the troubled firm reportedly plans to vote on winding down.

From the Motor City to the Stampede City, Firms Set Up New Shops

Posted on March 04, 2011
The week's end saw a flurry of office openings by large law firms. Thompson & Knight headed to Detroit, Toronto firm Torys became the latest to stake out turf in Calgary, and Latham & Watkins could be on the verge of opening a new office in Boston...

Retirement Benefits Firm Folds, Bulk of Lawyers Join Drinker Biddle

Posted on March 04, 2011
Reish & Reicher, a 16-lawyer Los Angeles firm specializing in ERISA litigation and other retirement and employee benefits issues, will close its doors on March 15. The firm's lawyers will join the L.A. offices of Drinker Biddle & Reath and Silver & Freedman...

Legal Sector Lost 2,900 Jobs in February

Posted on March 04, 2011
While the nation's overall employment picture improved last month, the legal industry took another step back after seeing modest gains in January.

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The Careerist: Where Are the Women Litigators?

Posted on March 03, 2011
Why is there a dearth of female lawyers in commercial and appellate cases?

Honigman Caught Up in Discovery Dispute in Discrimination Case

Posted on March 03, 2011
Already defending itself against a former executive assistant's claim that she was fired after suffering an on-the-job injury, Detroit-based Honigman Miller Schwartz and Cohn is now being accused by the woman's lawyers of withholding important discovery materials.

Locke Lord Snags 12 Lawyers for Sacramento Office

Posted on March 03, 2011
After two decades in Sacramento, Bullivant Houser Bailey is closing its office in California's capital city after the bulk of its attorneys left for Locke Lord Bissell & Liddell.

Skadden, Cadwalader Forge Severstal-Renco Deal

Posted on March 03, 2011
Russia's Severstal sells three U.S. mills to Ira Rennert's RG Steel, to form America's number 4 steelmaker

Report: Edwards Taps Skadden's Craig Amid Federal Probe

Posted on March 03, 2011
Former White House counsel and Skadden, Arps, Slate, Meagher & Flom partner Gregory Craig will try to dissuade U.S. prosecutors from bringing criminal charges against the former senator, according to a report Thursday.

Philly Rumblings: Blank Rome CEO Steps Down, Gussack Reelected at Pepper Hamilton

Posted on March 03, 2011
Carl Buchholz is stepping down as managing partner and CEO at Blank Rome six months after being reelected. Nina Gussack will serve fifth term as chair at Pepper Hamilton.

The Lateral: A Fulbright Future for Star Litigator Jan Dodd

Posted on March 03, 2011
After ten years as a product liability litigator at Kaye Scholer, Dodd has joined the Los Angeles office of Fulbright & Jaworski.

Vinson Advises on $900 Million Shale Deal in Texas

Posted on March 03, 2011
Natural gas company Range Resources is selling the bulk of its Barnett Shale assets in Texas to a private company.

The Am Law 100: Revenues, Profits Rise at Goodwin Procter

Posted on March 03, 2011
Goodwin Procter's gross revenue rose about 3 percent and PPP soared 13 percent on an 11 percent drop in head count.

Howrey Departures Continue As Dewey Takes on D.C.-Based Antitrust Litigator

Posted on March 03, 2011
Roxann Henry will join Dewey & LeBoeuf's antitrust practice as a partner. Plus: Howrey's construction practice loses 17 lawyers--including the group's two co-chairmen--to Pillsbury Winthrop Shaw & Pittman and Jones Day. And MoFo and Sidley gain one Howrey lawyer each.

With NFL Pact Set to Lapse, Judge Gives Players Big Win in Dispute Over TV Cash

Posted on March 02, 2011
U.S. district court judge David Doty ruled Tuesday that a special master erred in saying the National Football League could pocket $4 billion in television revenue should team owners shut down America's most popular sport once the league's collective bargaining agreement expires on Thursday.

Who Will Milk Fees From Howrey's Mammoth Antitrust Case?

Posted on March 02, 2011
Why did Winston & Strawn reportedly extend offers to most of Howrey's remaining partners instead of completing a formal merger? One thing complicating consideration of any such union is a multidistrict litigation related to the dairy industry in which the firms are involved on opposite sides--and what becomes of the substantial contingency fee Howrey stands to reap.

Latham Leads on Two More Carlyle Deals

Posted on March 02, 2011
The firm is advising the private equity giant on an $806 million acquisition of a Japanese ball bearing manufacturer from Nomura Holdings and a $304 million purchase of Australian traffic light company Redflex.

The Careerist: Attention Shoppers

Posted on March 02, 2011
Given how precarious the legal market has been in the last few years, don't you owe it to yourself to be a good shopper?

Is an Ex-Glaxo Lawyer's Case Just the Beginning?

Posted on March 02, 2011
Federal prosecutors have pursued a 'massive' probe of off-label marketing of drugs at GlaxoSmithKline, and the indictment of a former associate general counsel is 'just a small piece of it,' according to one of her defense attorneys.

Foley & Lardner Sued for Bias, Breach of Contract by Founding Detroit Partner

Posted on March 02, 2011
Claiming breach of contract and discrimination based on gender, race, and age, labor and employment partner Raymond J. Carey filed suit against the firm in federal district court on Monday.

Four Firms on PPL $5.6 Billion U.K. Power Deal

Posted on March 02, 2011
Simpson Thacher is leading the way for Pennsylvania Power and Light in its purchase of E.ON's U.K. power grid. Allen & Overy, Ashurst, and Linklaters also advised.

Catching Up with the American Lawyer at the Helm of the IBA

Posted on March 02, 2011
A chat with arbitration guru David W. Rivkin of Debevoise & Plimpton, the new secretary-general of the International Bar Association and the first American to hold one of the top three IBA spots in a generation.

No Stranger to "Controversy": Prince Sued by Patterson Belknap

Posted on March 02, 2011
The Daily News reports that the law firm has sued the Minnesota rocker over $708,687.04 in back bills for work done on behalf of Prince and his businesses.

Kasowitz Benson Reaps Borders' Bankruptcy Cash; More Firms on the Case

Posted on March 02, 2011
Kasowitz Benson, lead bankruptcy counsel to Borders Group, has filed court documents showing that the firm has received retainers totaling $2 million from the debtor. And eight more Am Law 200 firms now have a piece of the Chapter 11 case of the nation's second-largest bookseller.