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March 30, 2017 | Corporate Counsel

Deutsche Bank to Refuse to Pay for Trainees and NQ Lawyers After Panel Overhaul

Deutsche Bank is to stop paying panel law firms for work carried out by newly qualified lawyers and trainees, Legal Week can reveal.
29 minute read
March 27, 2017 | National Law Journal

DC Court Upholds $1.2B Award Against Venezuela for Seizing Gold Mine

The ruling issued March 25 upholds an arbitration panel's award entered for Canadian company Crystallex.
10 minute read
March 21, 2017 | The American Lawyer

In a First, Major UK Client Says No to Paying for Junior Lawyers

Deutsche Bank's decision not to pay newly qualified lawyers in London is the first apparent instance of a U.K. client adopting the trend long seen in the United States.
25 minute read
March 21, 2017 | The Legal Intelligencer

Ailing Energy Industry Still Pumping Bankruptcy Fees Into Big Law

Saul Ewing, Skadden, Morgan Lewis and Morrison & Foerster have landed roles on the latest batch of big bankruptcies in the oil and gas sector. The prolonged economic slump in the energy industry also has other firms on the opposite side of the Chapter 11 ledger.
44 minute read
March 17, 2017 | International Edition

Dentons, Zhong Lun, Behind China's First Investment Treaty Arbitration Win

A three-arbitrator panel at the International Centre for Settlement of Investment Disputes in Washington, D.C., dismissed Korean developer Ansung Housing's claims against China.
15 minute read
March 16, 2017 | National Law Journal

VW Defends Jones Day After German Prosecutors' Raid

Jones Day, a firm with close ties to the current U.S. president, saw its offices in Germany raided Wednesday by local prosecutors investigating its client, Volkswagen AG, as part of a probe into an emissions software scandal at the auto giant.
32 minute read
March 16, 2017 | The American Lawyer

Davis Polk Hong Kong Capital Markets Star to Leave

Antony Dapiran will leave the firm in June after seven years while more corporate lawyers are set to exit.
40 minute read
March 12, 2017 | The American Lawyer

Deal Watch: Skadden Basks in SunEdison's Bankruptcy Glow

Skadden, which has billed SunEdison Inc. for more than $38.4 million in legal fees and expenses since the start of the solar energy giant's Chapter 11 case last year, is advising the company on the $1.41 billion sale of two key subsidiaries. The firm is also advising a major Hollywood talent agency on another notable deal.
52 minute read
March 09, 2017 | The Recorder

Amid Hiring Spree, An Up-and-Down Year at Orrick

Orrick, Herrington & Sutcliffe saw its head count rise in 2016, although the size of its equity partnership fell. The mixed bag extended to the firm's financials, as gross revenue grew, although profits per partner and revenue per lawyer both declined.
21 minute read
March 08, 2017 | The American Lawyer

Fried Frank's Revenue, Profit Hit Record Highs After 'Best Ever' Year

Fried, Frank, Harris, Shriver & Jacobson had what global chair David Greenwald described as its best ever year in 2016, with the firm posting record numbers across all key metrics.
60 minute read

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