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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February 02, 2018 | The American Lawyer

Kasowitz, Simpson Thacher Among 9 Law Firms Owed $4M In Patriot National Bankruptcy

The company filed for Chapter 11 on Jan. 30. The nine law firms listed among its top 20 unsecured creditors are owed more than $3.8 million in total.

By Scott Flaherty

4 minute read

February 02, 2018 | The American Lawyer

Legal Sector Jobs Down in January

The legal services sector saw a dip in employment in January.

By Scott Flaherty |

3 minute read

January 31, 2018 | The American Lawyer

Law Firm Revenue, Profits Up in 2017: Wells Fargo Report

A Wells Fargo report shows that firms' financial metrics were generally up across the board in 2017, but the top of the market fared best.

By Scott Flaherty |

3 minute read

January 31, 2018 | The American Lawyer

2017 Saw Dip in Securities Class Settlements

Settlement values for securities class actions and the legal fees they produced dropped to levels not seen since the early 2000s, according to a new report.

By Scott Flaherty

5 minute read

January 30, 2018 | The American Lawyer

Hausfeld Adds Paris Outpost

The new office marks the firm's fourth European location, after earlier openings in Brussels, Berlin and Dusseldorf.

By Scott Flaherty |

3 minute read

January 28, 2018 | The Recorder

The 200-Partner Tour: California Firms Reduce Lateral Risk The Old-Fashioned Way

While many in the industry are seeking a "Moneyball" approach to lateral hiring, Sheppard Mullin and Munger Tolles rely on intensive face-to-face meetings to mitigate the risk of bringing on new partners.

By Scott Flaherty

9 minute read

January 28, 2018 | The American Lawyer

The 200-Partner Tour: Reducing Lateral Risk The Old-Fashioned Way

Intensive face-to-face meetings outperform data analytics for some firms as they work to mitigate lateral hiring risks. But other firms want to minimize the time-and money-spent on multiple interviews, and due diligence companies are trying to fill that void.

By Scott Flaherty |

9 minute read