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All three leading candidates in the crucial race to replace Andrew Cuomo are pulling in big bucks. But wait til you see who's giving--and how much--to the former Bernstein Litowitz partner.
Rather than spend eight weeks defending their client in front of a Salt Lake City jury, DLA Piper and Wilmer Cutler Pickering Hale and Dorr guided Pfizer Inc. to a $450 million settlement with Brigham Young University. The deal brings an end to a hard-fought case in which BYU initially sought billions, and Pfizer cycled through three sets of lawyers.
As Firms Grow, Who Can't Afford to Stand Still?
A recent lack of merger activity involving Washington, D.C., law firms may be only a lull. Managing partners and recruiters theorize that firms are biding their time, doing their due diligence before starting a new round of the dating game. Says one partner, "I think we're in the pre-earthquake stage. Certain offices are starting to lose talent, and at some point there's going to be a seismic shift." Which firms are most likely to merge in the coming years? Industry insiders explain their forecasts.Former Judge Helps KPMG Survive Shady Tax Shelters
Five months after retiring as chief federal judge for the Northern District of Oklahoma, after 10 years on the bench, Sven Erik Holmes Mr. Holmes was back in a federal court, without his robes, and under drastically different circumstances. This time, the U.S. Attorney in Manhattan looked on as Mr. Holmes, now the chief legal officer for KPMG LLP, signed a document to keep his company from being criminally prosecuted.As Firms Grow, Who Can't Afford to Stand Still?
A recent lack of merger activity involving Washington, D.C., law firms may be only a lull. Managing partners and recruiters theorize that firms are biding their time, doing their due diligence before starting a new round of the dating game. Says one partner, "I think we're in the pre-earthquake stage. Certain offices are starting to lose talent, and at some point there's going to be a seismic shift." Which firms are most likely to merge in the coming years? Industry insiders explain their forecasts.Does the shareholder plaintiffs bar deserve credit for forcing the resignations of ex-Citigroup CEO Vikram Pandit and another bank exec last October? Not a chance—at least according to the federal judge in Manhattan who presided over a short-lived say-on-pay class action against Citi's board.
Shhh! Pro Bono's Not Just for Liberals Anymore
Contrary to popular wisdom, pro bono isn't just the province of liberals. Bolstered by influential organizations and pro bono advocates, some big firms regularly champion libertarian causes, while others challenge race-based policies and represent opponents of gay rights and abortion. As the politics of pro bono become more fluid, distinctions between liberals and conservatives are also blurring. The shift, seen in recent Supreme Court showdowns, is a quiet phenomenon that's 20 years in the making.Trending Stories
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