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Fish & Neave Flirting with Ropes & Gray
Fish & Neave has sat on the porch and held hands with Boston-based Ropes & Gray, but it hasn't yet decided to go to the altar. That's what firm Chairman Jesse Jenner told lawyers and staff at a firmwide meeting in New York Tuesday. Jenner said the meeting was called to dispel a flurry of rumors that a merger was to take place within 10 days. "We've had preliminary talks with Ropes & Gray, but there's no deal," Jenner said. "They are not the only firm we've talked to."
Pro Bono Report 2008: A Silver Lining to Economic Downturn?
Is it possible that, for once, pro bono will be safe from a recession? Nationally, 2007 was a banner year for pro bono work. The average Am Law 100 firm logged 25,893 hours, up 13.2 percent from 2006. Total hours grew to 4.8 million -- a record. A number of reasons explain why firms saw their pro bono numbers grow. But many say the slowdown helped, as a drop in transactional work freed up time for lawyers to pursue pro bono projects.Judge Certifies 'Opt-In' Class Over Ski Train
A federal judge in New York has taken the unusual step of certifying a class that may "opt-in" to mass accident litigation in an Austrian train disaster case. Despite the paucity of case law on the subject, Judge Shira Scheindlin found the possibility of repeat litigation in other countries over the Ski Train fire that killed 155 people in 2000 made it proper to establish an "opt-in" class.Orrick May Be Mulling Merger With Cooley
Cooley Godward and Orrick Herrington Sutcliffe are in tentative negotiations about a possible merger, sources close to both firms said.Dearth of Jury Trials Spawns Inexperienced Attorneys
Whether the shrinking number of jury trials is good or bad news depends on whom you ask, but one thing is certain: Fewer trials mean fewer trial-ready lawyers. Although some legal professionals say that the downturn in trials has led to the faster disposition of cases, others decry the decrease as an erosion of the American justice system. Judge Patrick Higginbotham blamed the falling numbers on clogged dockets, where cases flow through the courts "like a rat through a python."
Cadwalader Shakes Things Up Again, as Cravath Proves Mortal
An in-depth look at the circumstances that led James Woolery, who left Cravath, Swaine & Moore two years ago to become cohead of JPMorgan Chase's North American M&A group, to join Cadwalader, Wickersham & Taft as deputy chairman. Woolery's move has implications not just for his new firm, where he will attempt to reboot a languishing M&A practice, but also for the one he left behind.Trending Stories
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