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The Bankruptcy Files: Toll Roads and Railroads
Despite a dip in bankruptcy filings over the past year, Cleary, Kirkland, Verrill Dana, and Willkie have grabbed lead roles in recent Chapter 11 cases for toll road operator American Roads, textbook publisher Cengage Learning, embattled rail company Montreal, Maine & Atlantic, and nationwide ambulance operator Rural/Metro.Am Law Firms Aboard as Leagues Sink Kings, Coyotes Deals
Lawyers from Covington, Katten Muchin, and Milbank were watching closely Wednesday as owners of the National Basketball Association's 30 teams voted against a $625 million deal that would have sent the Sacramento Kings north to Seattle. Meanwhile, in a move that might result in another major sports team heading to the Pacific Northwest, the National Hockey League and its attorneys from Skadden nixed a $278 million bid for the Phoenix Coyotes.Kirkland Expands Use of Special Fee Structures
In an effort to keep cash-strapped clients in the fold, Kirkland & Ellis is expanding its use of alternative-fee arrangements, discounting rates and extracting promises of future work from corporate players. During the past three years, the firm says it has given away more than $100 million worth of billable hours, but it hopes to make the revenue back through follow-up work from those clients. Kirkland is the largest firm by revenue or head count making the most of such arrangements, says one consultant.2002 Associates Survey: From Allen & Overy to Lowenstein Sandler
The firm-by-firm breakdown of responses to the survey.License Revocation Order Pursuant to Rule 1:28-2(c)
Notice to the bar.Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
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