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Scott Flaherty

Scott Flaherty

Scott Flaherty, based in New York, covers the business of law with a focus on legal ethics, lawyer misconduct, conflicts-of-interest and litigation involving law firms. He can be reached at [email protected]. On Twitter: @sflaherty18

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March 23, 2017 | The American Lawyer

Kramer Levin's Partner Profits Reach Nearly $2M

The 320-lawyer firm reported $353 million in gross revenue, a 6 percent increase over the $332 million that it posted in 2015. Revenue per lawyer also rose to $1.1 million.

By Scott Flaherty

35 minute read

March 22, 2017 | The American Lawyer

Judge Disqualifies Kasowitz and DLA Piper in Contract Dispute, Citing Conflicts of Interest for Both Sides

A recent disqualification ruling found that neither Kasowitz, Benson, Torres & Friedman nor DLA Piper should be representing their respective clients in a contract dispute both sides had conflicts of interest.

By Scott Flaherty

24 minute read

March 20, 2017 | New York Law Journal

Dewey Execs Urge Dismissal as Finance Director Ends Testimony

As a key government witness wrapped up his testimony Monday in the criminal case over Dewey & LeBoeuf's collapse, defense lawyers urged a New York judge to throw out indictments against two former firm executives, arguing that prosecutors had hamstrung their efforts to defend their clients in court.

By Scott Flaherty

7 minute read

March 17, 2017 | The American Lawyer

Dewey Witness Says He Didn't Discuss Accounting Moves with Former Exec DiCarmine

A key witness in the criminal retrial over the collapse of Dewey & LeBoeuf told a New York jury Friday that he never discussed improper accounting adjustments with former Dewey executive director Stephen DiCarmine.

By Scott Flaherty

6 minute read

March 16, 2017 | The American Lawyer

Lawyers for Dewey Defendants Question Prosecutors' Deal with Key Witness

As the Dewey & LeBoeuf criminal retrial continued Thursday, a lawyer for former Dewey chief financial officer Joel Sanders pressed a key witness about changes to his cooperation and plea agreement after an earlier trial ended with a hung jury in 2015.

By Scott Flaherty

9 minute read

March 14, 2017 | The American Lawyer

Perkins Coie Posts Solid Growth in Revenue, Profits

Perkins Coie posted solid financial growth in 2016, with gross revenue edging up 4.3 percent to $781 million while profits per equity partner grew by 7.3 percent to just less than $1.2 million.

By Scott Flaherty

28 minute read

March 13, 2017 | The American Lawyer

Dewey Finance Chief Says Firm Used 'False' Accounting to Mask Shortfalls

Former Dewey & LeBoeuf finance director Francis Canellas, a key witness in the long-running criminal case over the firm's collapse, told a New York jury on Monday that the now-defunct firm failed to tell lenders about its struggles to pay vendors and partners in the years before its 2012 bankruptcy.

By Scott Flaherty

6 minute read

March 10, 2017 | New York Law Journal

Dewey & LeBoeuf Witness Describes Tightening Noose as Audits Loomed

A key witness in criminal case over the 2012 collapse of Dewey & LeBoeuf testified Friday that he facilitated improper accounting adjustments and took steps to hide them from auditors after discussing the adjustments with former Dewey CFO Joel Sanders.

By Scott Flaherty

6 minute read

March 09, 2017 | New York Law Journal

A Star Witness Returns for Dewey & LeBoeuf Retrial

Testimony from star witness Francis Canellas wasn't enough to secure convictions against Dewey's leaders in 2015. Will prosecutors fare better this time?

By Scott Flaherty

9 minute read

March 08, 2017 | The American Lawyer

Three Firms Admit to Overbilling, Agree to Pay $2M for Probe of Bills

Judge appoints retired federal judge to conduct probe of fee requests from Labaton Sucharow, Lieff Cabraser Heimann & Bernstien and Thornton Law Firm.

By Scott Flaherty

12 minute read