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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

U.K. Firm Launches New York Office with Ten Sheppard Mullin Lawyers

Posted on January 19, 2010
Mishcon de Reya, a 120-lawyer U.K.-based firm, is opening a New York office with a ten-lawyer group hired from Sheppard Mullin Richter & Hampton.

Of Recruiter Suits and Allegedly Illegal Referral Sites

Posted on January 19, 2010
Friday was a good day for intermediaries that help lawyers get business or new jobs.

THE AM LAW 100: K&L Gates Passes $1 Billion in Revenue

Posted on January 15, 2010
"Of the top 50 firms in the world I think relatively few will have shown growth in revenues and profits in 2008 and 2009 like we have," says firm chairman Peter Kalis. Profits per equity partner moved up 1 percent, to $861K.

Seyfarth Cuts 20 Lawyers, 20 Staff Members Nationwide

Posted on January 15, 2010
The firm announced a round of layoffs late Thursday affecting "approximately 20 attorneys" and "approximately 20 staff members...nationwide," according to an internal memo provided to The Am Law Daily.

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As Conan's Time Ticks Down, It's All About the Contract

Posted on January 15, 2010
While Conan O?Brien jokes his way through--on air, at least--what are almost certainly his final days as host of The Tonight Show, labor and employment specialists say that whatever the ultimate endgame of this Hollywood standoff turns out to be, it all boils down to the language in his NBC pact.

The Sports Gambling Chronicles: First State Straps Up With Sidley Austin

Posted on January 15, 2010
Delaware hires Sidley Austin to take its appeal on sports betting restrictions to the Supreme Court; another housing settlement by a sports team owner; Orrick lawyers have some advice for Tiger; O'Melveny comes through for Agent Zero; and Lenny Dykstra's latest living accommodations.

Former Sidley, Skadden Lawyer Has Suspension Cut in Half

Posted on January 15, 2010
Proof that changing the grades on your transcripts isn't as bad as hiding 297 parking tickets and 21 prior jobs.

Inside India's Legal Outsourcing Machine

Posted on January 15, 2010
The Times of London takes readers inside one India's largest legal outsourcing shops staffed by talented young lawyers who are changing the way international firms operate.

Shearman, Ropes on $1.7B Cosmetics Deal

Posted on January 15, 2010
The deal could be a blow to Cooley Godward.

Lawyer Accused of Being Gang's GC Rebuts Charges

Posted on January 15, 2010
After being indicted on a drug conspiracy charge earlier this year because of his alleged role in a Detroit motorcycle gang, a lawyer for Miller, Canfield, Paddock and Stone, of counsel Hatim "Tim" Attalla, is claiming that prosecutors have vastly overstated the case against his client.

Linklaters Names New Asia Managing Partner

Posted on January 14, 2010
Stuart Salt, currently the Magic Circle firm's regional managing partner for Eastern Europe, Russia, and the Middle East, will take on the Asia role on February 1.

Freshfields Event Takes Unexpected Turn

Posted on January 14, 2010
Let's just say a Cleary associate wasn't thrilled with the guest list at a Freshfields panel discussion.

Am Law Firms Join Haiti Relief Effort

Posted on January 14, 2010
The handful of firms we checked in with have already broken out their checkbooks.

As JAL Bankruptcy Looms, Firms Flock to Advise Clients

Posted on January 14, 2010
The ongoing restructuring of Japan Airlines--Asia?s largest carrier--has landed legal advisory roles for Steptoe & Johnson, Hogan & Hartson, Jones Day, and two of Japan?s leading law firms.

Breaking: Ex-Mayer Brown Partner Joseph Collins Sentenced to Seven Years

Posted on January 14, 2010
A jury convicted Collins in July on five counts related to the $2.4 billion Refco fraud.

Rothstein Waives Conflicts, Admits Anti-Depressant Use as Probe Expands

Posted on January 14, 2010
Accused of running a $1.2 billion Ponzi scheme, Fort Lauderdale lawyer Scott Rothstein told a federal judge on Wednesday that he would waive any potential conflict stemming from having a former law partner represent him and acknowledged using Zoloft for anxiety...

Bankruptcy Fees: How Much Is Too Much?

Posted on January 14, 2010
The trustee in a bankruptcy case recently asked the judge overseeing the matter to stop professional firms--including law firms such as Quinn Emanuel--from submitting fee statements every month, complaining that the paperwork was getting out of control...

Howrey to Collect $1M in Legal Fees from Ex-Gov., McDermott Partner Weld

Posted on January 14, 2010
Sibling publication the New York Law Journal reports that McDermott Will & Emery partner William Weld, the former governor of Massachusetts and one-time New York gubernatorial hopeful, will pay $1 million in fees to Howrey stemming from a legal dispute over the collapse of a Kentucky college.

End of the Fleeting Expletives Fines?

Posted on January 14, 2010
Lawyers from Sidley Austin and Gibson Dunn appeared to persuade a federal appeals court that it should strike down the Federal Communication Commission's system of fining TV networks when stars like Cher and Bono let fly with the spontaneous curse word or two...

Litigation Department of the Year: Paul Weiss, General Litigation Finalist

Posted on January 13, 2010
The Federal Reserve is not the only venerable institution watching out for America's biggest banks. Paul Weiss is on the case, too.

Fulbright Goes Pro Bono in IP Case Over Food for the Hungry

Posted on January 13, 2010
The firm says a French company's patent on a food product used for feeding malnourished children is too broad, and that the company is too aggressive in defending it.

American Needle: Expect a Draw

Posted on January 13, 2010
Lawyers from Jones Day and Covington & Burling squared off Wednesday in the most important sports law case to come before the Supreme Court in years. With the oral arguments over, observers who heard them expect something less than total victory for either side.

Four Law Firms on List of UK's Top 100 Gay-Friendly Workplaces

Posted on January 13, 2010
Simmons & Simmons, Pinsent Masons, Herbert Smith, and Eversheds all made the Workplace Equality Index compiled by gay rights charity Stonewall. According to Legal Week, 24 firms submitted entries to be included in the index.

Compensation, In-House Style

Posted on January 13, 2010
Corporate Counsel magazine has a breakdown of GC pay last year. Could it be time to consider a jump to a GC chair?

Mortgage Lender Hits Latham and Manatt With Malpractice Suit

Posted on January 12, 2010
The two firms are the targets of a malpractice claim filed by ECC Capital Corp., which accuses them of botching a deal to sell its mortgage-origination business and a subprime-loan portfolio to Bear Stearns & Co.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on January 12, 2010
K&L Gates hires at home and abroad, the Nuclear Regulatory Commission's top lawyer goes to Morgan Lewis, and Sonnenschein hires three. Plus: moves to Blakes, DLA Piper, Morrison & Foerster, Winston & Strawn, Blank Rome, Jones Day, Carter Ledyard, Squire Sanders, and Wilmer...