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2005: A Competitive Time for Area Firms
Last year�s look back at events in the Philadelphia legal community went something like this: Not too much happened in 2004. This year was a whole different story.Lawyers Navigate Post-Katrina Recovery
Many businesses are relying on federal funds to help them rebuild after the devastating hurricane, and, like Duane Morris' Larry Flick, are stepping in to guide them through the bureaucratic maze.Coudert Files for Bankruptcy Protection
Once considered the nation's pre-eminent international law firm, the defunct Coudert Brothers has filed for Chapter 11 bankruptcy protection. In a petition filed Friday in Southern District of New York Bankruptcy Court, the firm, which broke up last year, said it lacked the funds to post appeal bonds to challenge two judgments against it, including a $2.5 million award in a legal malpractice suit filed in Los Angeles Superior Court.Rakoff continues to make clients, lawyers nervous
It was a tiny, inconsequential blip in the Bank of America Corp. legal saga. On Oct. 13 the bank's lawyers at Cleary Gottlieb Steen Hamilton and staff lawyers for the Securities and Exchange Commission asked for court approval of a protective order. The seven-page, single-spaced request, which related to the bank's decision to waive its attorney-client privilege, was drafted like the vast majority of legal documents.Trending Stories
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