March 28, 2016 | The American Lawyer
The Door Swings at K&L Gates Despite a $210 Million WindfallEven good news about a massive contingency fee didn't deter some 30 partners from leaving the firm in late February and early March.
By Julie Triedman
4 minute read
March 28, 2016 | The American Lawyer
Court Finds Proskauer Immune From Liability for Fraud SchemeAfter six years of fighting investor efforts to recoup losses from former client R. Allen Stanford's Ponzi scheme, Proskauer Rose can breathe a sigh of relief.
By Julie Triedman
3 minute read
March 24, 2016 | The American Lawyer
Big Firms Flock to Windy City's Multiple Police ProbesChicago has paid $760,000 to Wilmer, Taft Stettinius and an ex-Fried Frank partner to advise it on a U.S. Department of Justice probe into its troubled police department. McGuireWoods has also been retained by Chicago's police oversight agency to conduct an internal audit.
By Julie Triedman
31 minute read
March 23, 2016 | The American Lawyer
Burford Boasts Big Year, Invests $100M in Law Firm PortfolioBurford Capital LLC announced Wednesday that its earnings topped $100 million in 2015, with commitments of $206 million, both new records for the publicly listed litigation financier, which has invested another $100 million in a law firm's litigation portfolio.
By Julie Triedman
20 minute read
March 22, 2016 | New York Law Journal
Elite NY Firms Report Slower Growth in 2015Despite a record-breaking year for big-ticket M&A work, the most profitable New York-based firms saw much slower earnings and turnover growth on average in 2015.
By Julie Triedman
3 minute read
March 22, 2016 | Law.com
Brussels Blasts Disrupt Big Law BusinessBrussels, the seat of the European Union and a hub for U.S. and international firms, was in lockdown Tuesday after a series of explosions rocked the city's airport and a central subway station. At least 34 have been killed in the terrorist attacks.
By Chris Johnson, Julie Triedman and Nell Gluckman
6 minute read
March 20, 2016 | The American Lawyer
Special Report: A Return to Earth for Elite New York Firms?A barrage of big deals in 2015 didn't translate into explosive growth for many of the country's most profitable firms.
By Julie Triedman
34 minute read
March 17, 2016 | The American Lawyer
SeaWorld's Decision on Whale Shows Followed Legal Feeding FrenzyThanks to regulatory challenges and lawsuits tied to SeaWorld Entertainment's famous orca shows, the company has had to rely heavily on professionals that can't be paid in sardines: lawyers.
By Julie Triedman
4 minute read
March 16, 2016 | The American Lawyer
Report: Paul Weiss Likely Not Liable for Caesars ConflictsFor the second time in six months, a law firm representing a Caesars Entertainment entity has narrowly avoided trouble in bankruptcy court.
By Julie Triedman
88 minute read
March 14, 2016 | The American Lawyer
Sullivan & Cromwell Inks Deal to Buy Rest of NYC SkyscraperSullivan & Cromwell, one of the few Am Law 100 firms to own its own office building, has agreed to buy the remaining floors of the tower it calls home in New York City's financial district for $202 million.
By Julie Triedman
6 minute read
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