August 05, 2002 | Law.com
Singapore Joint Venture FoldsLess than a year after launching a joint venture with a Singapore law firm, New York's Shearman & Sterling announced its termination. Its demise follows the fate of similar joint ventures with local firms involving New York's White & Case and London's Clifford Chance. Born amid great promise, such ventures have seen setbacks in the form of intractable cultural collisions and a deepening economic slump.
By Anthony Lin
7 minute read
September 12, 2006 | National Law Journal
EEOC seeks key testimony from ex-finance chief at Sidley AustinThe U.S. Equal Employment Opportunity Commission has moved to compel testimony about recent conversations between Sidley Austin partners and a former financial director who signed a 1999 letter stating that the firm had a mandatory retirement policy.
By Anthony Lin
4 minute read
June 12, 2006 | National Law Journal
Former Milberg partners seek capital, feesAs the legal community ponders whether the criminal indictment of Milberg Weiss Bershad & Schulman will eventually lead to that firm's dissolution, two of its former partners are arguing that the firm actually dissolved two years ago at the time of its bi-coastal split. They claim they are now owed millions of dollars in returned capital and unpaid fees as a result.
By Anthony Lin
6 minute read
August 22, 2006 | Daily Report Online
Cooley Godward and Kronish Lieb agree to mergeBy Anthony Lin
5 minute read
November 15, 2006 | Daily Report Online
Ex-Greenberg tax chief resigns over kickbacksBy Anthony Lin
6 minute read
August 06, 2008 | National Law Journal
Judge limits damages in would-be partner's suit against OrrickA New York judge has ruled that a former Orrick associate may only seek nominal damages in his claim alleging the firm broke a promise to promote him to partner. In a 2005 suit, Patrick J. Hoeffner asked for $100 million in damages based on lost future earnings and other alleged economic injuries flowing from his failure to become partner. The unusual suit has attracted attention because large firms frequently hold out the carrot of partnership to associates, even as hundreds are passed over every year.
By Anthony Lin
5 minute read
December 08, 2003 | Daily Report Online
Alston Partner's Investigation of Enron Costs Estate $100MBy Anthony Lin
6 minute read
August 01, 2008 | Daily Report Online
Cadwalader faces its 'cataclysmic event'Just last year, Cadwalader, Wickersham Taft was riding high. Double-digit growth in profits per partner over the last five years had catapulted the firm to economic heights previously scaled only by the Cravaths and Wachtells of the profession. In an interview with Daily Report affiliate the New York Law Journal during those heady days, then-Chairman Robert O.
By Anthony Lin
6 minute read
November 05, 2012 | Law.com
In Asia, All Eyes on AmericaThe U.S. presidential election is commanding huge attention in Asia, among both Americans living abroad and locals fascinated by the competition to become leader of the world's sole superpower. The legal community is no exception.
By Anthony Lin
6 minute read
September 02, 2008 | Daily Report Online
Court dismisses cases against ex-KPMG employeesThe 2nd U.S. Circuit Court of Appeals has upheld the dismissal of criminal tax-shelter fraud charges against 13 former employees of accounting firm KPMG on the ground that prosecutors interfered with their constitutional right to counsel.Thursday's ruling came shortly before a U.S. Department of Justice announcement that it has revised its guidelines for the investigation and prosecution of corporate crimes.
By Anthony Lin
7 minute read
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