October 09, 2007 | Daily Report Online
Sidley Austin settles age bias suitSIDLEY AUSTIN has agreed to pay a $27.5 million settlement to end a closely watched age discrimination suit brought by the U.S. Equal Employment Opportunity Commission on behalf of 32 former partners. The partners at issue, most of whom were in their 50s or 60s, were demoted to counsel status in 1999 by the firm then known as Sidley Austin.
By Anthony Lin
7 minute read
April 19, 2006 | National Law Journal
New York law applied to bicoastal call tapingIn New York, a telephone conversation may be legally recorded with the knowledge and consent of only one party. In California, all parties need to agree. So what happens when a Californian surreptitiously tapes her conversations with a New Yorker?
By Anthony Lin
3 minute read
November 29, 2007 | Daily Report Online
Firms wary of bankruptcy trustee suitsIn April 2003, Steven Garfinkel, the chief financial officer of DVI Inc., wrote a memo to Chief Executive Officer Michael O'Hanlon about the crushing liquidity crisis facing the health care finance company and its implications for a pending stock float. The CFO urged his boss to talk as soon as possible to the company's main outside lawyer, John Healy, a partner in the New York office of Clifford Chance.
By Anthony Lin
10 minute read
November 29, 2011 | Law.com
Will a Merger Between King & Wood and Mallesons Work?No one thought a merger between a Chinese law firm and an international firm would happen so soon. China's King & Wood and Australia's Mallesons both have international ambitions that a deal seems to address -- but the success or failure of a merged firm could partly depend on a somewhat unpredictable player: China's government.
By Anthony Lin
6 minute read
September 22, 2003 | National Law Journal
For Partners, It's the Long GoodbyeAt many firms, departing partners are often shown the door immediately. But now the ease with which people change jobs has led to disputes at some firms that are invoking internal policies aimed at hindering or delaying a departure.
By Anthony Lin
6 minute read
May 25, 2007 | National Law Journal
Dorsey partner rebuked over document mishapA federal judge has rebuked a Dorsey & Whitney partner for supposedly trying to circumvent a protective order on documents obtained in discovery. In a sharply worded decision, Judge Harold Baer said he would rule at a later date on a motion to sanction Kristan L. Peters. For now, he advised her to attend a CLE course, "Ethical Bounds of Aggressive Litigation." But Peters said the judge's decision was "riddled with errors" and said she and her firm had done their best to "jump through hoops" set by Baer.
By Anthony Lin
4 minute read
November 27, 2007 | National Law Journal
Bankruptcy trustee suits cause increasing concern for law firmsThough they get fewer headlines, bankruptcy trustee suits have largely replaced shareholder class actions in law firm managing partners' nightmares. The suits are often better funded, better lawyered and, with the U.S. Supreme Court likely to further limit third-party liability in securities fraud cases, they may soon have a distinct legal edge. "In the past, there was not a strong inclination on the part of trustees to sue lawyers and accountants," says one bankruptcy partner. "Now they go after everyone."
By Anthony Lin
10 minute read
May 04, 2004 | Law.com
Milberg Weiss Completes Separation Into Two FirmsBy Anthony Lin
5 minute read
March 02, 2007 | Daily Report Online
Ex-partner arrested on fraud chargesBy Anthony Lin
4 minute read
August 09, 2007 | National Law Journal
2nd Circuit rebukes arbitration panel for limiting fee awardThe 2nd Circuit has sharply rebuked a National Association of Securities Dealers arbitration panel for trying to restrict an award of attorney fees to a successful age discrimination claimant. An NASD panel concluded Bernhard B. Porzig was fired from Dresdner Kleinwort in violation of the federal Age Discrimination in Employment Act and awarded him more than $200,000 in damages. But contrary to ADEA requirements, the panel denied Porzig attorney fees and assessed him about $14,000 in arbitration costs.
By Anthony Lin
3 minute read
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