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Baker & McKenzie to Pay $6 Million in Settlement Over Coudert Business
Baker & McKenzie has agreed to pay $6.65 million to compensate Coudert Brothers' bankruptcy estate for profits Baker earned from unfinished business that partners took with them when they left the defunct Coudert. Baker will forfeit most of its interest in an estimated $17 million in contingency fees for litigation that former Coudert partners were handling. The settlement follows a recent setback for retired Coudert partners who sued to have several firms held as Coudert successors responsible for paying their pensions.Decisions Resolve Unsettled Questions on Substance and Procedure
In their Appellate Division Review, Pillsbury Winthrop Shaw Pittman partners E. Leo Milonas and Frederick A. Brodie discuss key rulings during the final quarter of 2011 on topics such as law firm opinion letters, supplemental submissions in summary judgment motions, insurance coverage for disgorgement payments, forensic medical examinations of alleged child sexual abuse victims, retroactivity of a change to businesses' eligibility for tax credits, and more.665 Million Pennies From Heaven for Late, Great NY Firm
Arbitration Scorecard 2013: Treaty Disputes
Treaty arbitrations active in 2011–13 in which at least $100 million was at stake.Has the tide turned on federal white-collar cases?
White-collar prosecutions ebb and flow in response to changes in economic fortunes, political advantage and public mood. The wave of prosecutions that began to take shape after the collapse of Enron at the end of 2001 has now subsided. By the most obvious measure � convictions in high-profile cases � it has been highly successful. But these appearances are deceiving. White-collar prosecutors, despite their many visible triumphs, have fewer weapons at their disposal today than before the implosion of Enron.Trending Stories
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2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates
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AI in Private Equity: A Guide for Gaining an Early Advantage
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Why Are So Many Law Firms Suddenly Embracing Digital Transformation?
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2025 State Legislative Sessions
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