December 21, 2007 | Daily Report Online
Corporate attorneys split on whether partner's Refco indictment is a warning for othersHas the indictment Tuesday of Mayer Brown partner Joseph P. Collins sent "a chill down the spine" of transactional lawyers everywhere, as Collins' defense lawyer said it should "It's definitely a wake-up call," said Mark S. Vecchio, a corporate partner in the New York office of Venable. "I'm sure a lot of lawyers read about this in the morning papers and said, 'Oh my God.
By Anthony Lin
4 minute read
May 22, 2007 | Daily Report Online
Tough competition leads to law directory revampBy Anthony Lin
7 minute read
May 27, 2008 | Daily Report Online
Former N.Y. corporate partner charged in second fraud schemeBrooklyn federal prosecutors have further charged a former Baker McKenzie partner, indicted last fall on securities fraud charges, with stealing from a client escrow account. Martin E. Weisberg, 57, then a corporate partner in Chicago-based Baker McKenzie's New York office, was charged in October by the Eastern District U.
By Anthony Lin
5 minute read
March 02, 2007 | National Law Journal
Two lawyers, 11 others indicted for roles in insider tradingFederal authorities in New York announced Thursday the indictment of 13 people -- including a former Morgan Stanley compliance lawyer and her husband, also an attorney -- on insider trading charges. The U.S. Attorney's Office in New York claims the defendants took part in two insider trading rings, the smaller of which was allgedly fed by Randi Collotta, a former member of Morgan Stanley's global compliance group who passed along non-public information about mergers and acquisitions transactions.
By Anthony Lin
3 minute read
July 16, 2007 | National Law Journal
High court loss prompts malpractice claim against McGuireWoodsA loss before the U.S. Supreme Court has led to an unusual legal malpractice suit against McGuireWoods. Ideal Steel Supply was the losing party in the ruling, which sharply limited third parties' ability to bring civil claims under RICO. Ideal said McGuireWoods botched the case by pursuing a "unique and novel" but ultimately "inappropriate" civil RICO claim. A New York judge has dismissed the RICO-related claim but let Ideal go forward with claims that McGuireWoods' mismanagement resulted in higher bills.
By Anthony Lin
6 minute read
February 03, 2003 | National Law Journal
The Sideways RouteThe lateral trend is resisted by a few elite firms.
By Anthony Lin
6 minute read
July 10, 2007 | Daily Report Online
Milberg Weiss' Bershad pleads guilty to conspiracy in kickback planDAVID J. BERSHAD, a name partner at securities plaintiffs law firm Milberg Weiss Bershad, has pleaded guilty to federal charges that he conspired in the payment of illegal kickbacks to individual class action plaintiffs. The guilty plea by Bershad, entered Monday afternoon in federal court in Los Angeles, raises the stakes for his co-defendants, former fellow name partner Steven G.
By Anthony Lin
5 minute read
November 12, 2003 | Daily Report Online
Nation's Firms Asked to Bid Online for General Electric's Legal WorkAnthony [email protected] YORK-Call it Priceline for corporate lawyers. If law firms once expected to woo clients over long dinners and endless rounds of golf, one major corporate client has decided Internet chat rooms and online auctions will work just as well. In a letter sent Sept. 29 to many of the nation's largest law firms, J.
By Anthony Lin
4 minute read
May 16, 2002 | Law.com
Destination: New YorkNew York City has lost more than 100,000 jobs since last summer. While the rest of the country talks of recovery, New York looks forward to more belt-tightening. And yet it remains the number-one destination for expansion by large law firms. If anything, the weak economy has only increased firms' eagerness to break into the market, as smaller New York firms tend to be more receptive to merger offers in a down economy.
By Anthony Lin
13 minute read
June 13, 2002 | Law.com
Southern Law Firms Pushing Into New York MarketAsk New York managing partners to name their chief competitors and, after naming other New York firms, they'll cross the ocean and meander through the northern and western United States before naming a southern firm. But the major law firms from Texas, Georgia and Florida aren't taking such underestimation lying down. Not content to be relegated to local counsel status, they are entering the New York market in increasing numbers.
By Anthony Lin
12 minute read