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Deutsche Bank Relations in Spotlight After White & Case Departures
White & Case is working to renew its relationship in London with key client Deutsche Bank after six partners with links to the client left the firm's banking and capital markets practice over the past 18 months. After key relationship partner Mike Goetz quit for Freshfields Bruckhaus Deringer in March 2008, a further five partners linked with Deutsche Bank in London have left. At its height the relationship was thought to be worth around $25 million a year to the firm's London office.Using experts demands expertise
Regardless of whether an expert is used at a preliminary stage or at trial, an effective presentation can be the difference between success and failure. A lawyer�s management of experts requires thought and active participation every step of the way.EEOC: Kelley Drye Compensation System Discriminates Against Older Partners
The Equal Employment Opportunity Commission sued Kelley Drye & Warren on Thursday for its use of a compensation system the agency claims discriminates against attorneys based on age. The EEOC claims Kelley Drye discriminated against labor and employment partner Eugene D'Ablemont, 79, and other partners by forcing them to give up their equity at 70 and earn less than younger attorneys in the firm with similar collections and billings. Kelley Drye's managing partner said the firm does not believe the suit has any merit.An iconic liquor scored an injunction against an alleged copycat and a small furniture maker accused a larger retailer of ripping off its designs. In the smartphone wars, Samsung Electronic Co. Ltd. uncovered some ammunition in its bid to undo the $1 billion verdict it lost to Apple in August.
Stevens & Lee Acquires NYC Bankruptcy Boutique
It looks like a large firm, it pays associates like a large firm and turns a profit like a large firm. But because most of the lawyers at Stevens & Lee are located in small Pennsylvania cities.Six More Firms Pack Associate Pay Punch
Six more large Texas firms recently announced raises for their associates working in Texas, moving to a new market rate that Vinson & Elkins set March 8.Finding Counsel for Noncitizens
Judge Robert A. Katzmann. on the occasion of being honored with the Federal Bar Council's Learned Hand Award, told his audience: "This evening I speak to you about what we, together, bench and bar, can do to help meet an urgent, pressing need - the need for adequate representation for a vulnerable population of human beings - immigrants. Immigrants often come to this country in fear, fleeing from persecution, escaping from poverty, not knowing the language, not knowing to whom to turn for competent legal advice, all the while working to make a better life."Cite as: Eric Reisner v. Litman & Litman, P.C., 18527/07, NYLJ 1202473385518, at *1 (Sup NA, Decided September 14, 2010).Acting Justice Daniel Palmieri
On the Verge of Mergers, Reed Smith Revenues Rise 14 Percent
On the verge of finalizing two of the largest mergers in its history, Reed Smith again reported big increases in several financial indicators in 2006, including a 14.4 percent increase in gross revenue, from about $563 million in 2005 to nearly $644 million in 2006, as well as a 17.5 percent increase in profits per equity partner. One consultant said the most impressive aspect is that the firm increased its average compensation for all partners while increasing its non-equity partner tier.Trending Stories
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