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5th Circuit: Motion to Compel Arbitration Doesn't Unfreeze Assets
Assets belonging to some former employees of the Stanford Group Co. will remain in the deep freeze. The 5th U.S. Circuit Court of Appeals ruled that the former employees could not use a motion to compel arbitration to defeat a U.S. District Court's preliminary injunction that put millions of dollars out of their reach. Ralph S. Janvey (pictured) was appointed receiver to marshal the Stanford estate.
The Churn: Lateral Moves in The Am Law 200
Five attorneys move from Dow Lohnes to Sutherland Asbill & Brennan's Washington, D.C., office; Andrews Kurth poaches three from Chadbourne in London; and GrayRobinson adds a practice group head in Boca Raton, Florida. The Churn is constant. Please send all announcements and news releases to [email protected].
Lone Star firms draw bead on the Big Apple
Stephen D. Susman, a swaggering Texan who wears the requisite cowboy boots and rarely tones down his native Houstonian drawl, recently announced he intends to transplant himself in New York City. At 65, Susman said, he's looking for a novel challenge and Manhattan will provide that.
Commentary: Some Advice for Departing Summer Associates
As the summer associate class gets ready to head back to the hallowed halls of academia, Andrews Kurth partner Kathleen Wu offers some advice to the future lawyers -- some things she would have liked to have known when she was clerking. For one, despite all the talk of alternative billing options, Wu doesn't see the billable hour going away anytime soon, so get used to it. And always treat all law firm staff with respect, from the most powerful partner to the people who work in the copy room.
Texas Lawyers Are Diving Into a Wider, Deeper Bonus Pool at Largest Firms
The bonus pool at the largest firms in Texas was wider and deeper in 2011. Interviews with firm leaders show that the range of paid bonuses stayed the same, but firms paid more overall, because more associates qualified or earned bonuses on the high end of the range.
Spoiled or Special? The Over-Scheduled, Over-Praised Generation Goes to Work at the Firm
The whippersnappers of today aren't as keen on making partner as prior generations were. To those now entering the legal profession, the practice of law isn't necessarily a career, but more of "something I'll do until the universe reveals another path."Trending Stories
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