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November 26, 2007 | Law.com

Reed Smith Holds Back Partner Pay for Legacy Firm's Nonequity Rank

Legacy Richards Butler salaried partners at Reed Smith are to have 20 percent of their annual pay held back at the start of next year, as part of a package of measures designed to tie them into the firm and bill more quickly. The salaried partners will be paid the final portion of their remuneration at the end of the year. "Since we introduced this system we have improved our performance in terms of getting bills collected," says partner Michael Pollack. But the move has been criticized by other partners.
2 minute read
March 01, 2007 | New York Law Journal

International Arbitration Law

Emmanuel Gaillard, a partner at Shearman & Sterling and a professor of law at University of Paris XII, writes that a number of recent decisions rendered by the International Centre for Settlement of Investment Disputes reflect a tendency to simply dispose of the text of the treaty on the basis of which the tribunals were constituted and which they were called upon to apply.
19 minute read
July 09, 2002 | Law.com

Caps Apply to Prejudgment Interest in Med-Mal Cases

A decision by a divided Texas Supreme Court limits the exposure that some health care providers will face when sued under the state's Medical Liability and Insurance Act. Amid a hue and cry that Texas is in a medical-malpractice crisis, the high court ruled that prejudgment interest in health care liability claims stemming from patients' deaths is subject to the 1977 law's cap on damages.
8 minute read
August 28, 2012 | The Recorder

Getting Healthy Together

The PPACA is driving major conjunctions among California health system players to provide quality, cost-effective care, explains Richard Spohn of Nossaman.
8 minute read
February 13, 2002 | Law.com

WestWorks Melds Into ProLaw

Two years ago, West Group announced the launch of WestWorks, an ambitious, Web-based, souped-up case management system aimed at small and medium-sized law firms. It was a bold move. But it went nowhere, fast. Fortunately for West, the company had the foresight and humility to change directions quickly. Last summer, West acquired ProLaw to carry on the WestWorks torch. So far, the companies' union has shown much promise.
6 minute read
July 20, 2007 | Law.com

Profits at U.K.'s Top 50 Law Firms Hit Record Levels

The United Kingdom's top 50 law firms have seen a second year of double-digit revenue growth, with fees rising 14 percent annually to hit �10.5 billion. Legal Week's 2006-07 figures also show average profits per equity partner going up by 13.5 percent. What's more, the four largest firms generated �4.18 billion in fees among them, nearly 40 percent of the top 50's income. Clifford Chance managing partner David Childs said the results vindicated the big four firms' investment in their foreign offices.
6 minute read
July 14, 2006 | Law.com

Congress Unfazed by Retailers' Banks

House lawmakers appear split on whether plans by Wal-Mart Stores Inc., The Home Depot Inc. and other non-financial firms to acquire federally insured lenders pose a threat to the banking system. As a result, it appears unlikely that Congress will throw a roadblock in front of the two retailers' applications with the FDIC for authority to operate industrial loan companies, a controversial type of financial institution permitted by a loophole in federal banking law.
6 minute read
October 22, 2007 | National Law Journal

Confidence Dips at U.K. Firms as Credit Squeeze Hits, but Partners Predict Growth

The summer's credit market turmoil has put a noticeable dent in business confidence at the top U.K. law firms, but a clear majority of partners believe their businesses will maintain robust growth. Results of a quarterly business confidence poll show that the aftermath of the credit squeeze has left partners tentative over sustained deal flow, with those expecting growth of any kind dropping by 12 percent.
3 minute read
November 03, 2011 | New Jersey Law Journal

Unpublished Opinions

Opinions not approved for publication.
59 minute read
May 31, 2012 | Daily Report Online

Judge rejects Dewey request to fund ongoing operations

"I can finally confirm the worst-kept secret of the year," bankruptcy lawyer Albert Togut said late Tuesday afternoon in a lower Manhattan federal courtroom. "I am counsel for Dewey & LeBoeuf."
9 minute read

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