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May 20, 2004 | Law.com

Judge Decides Who Can Sue for Collapsed Merger Damages

A federal judge in New York has made a key decision on which classes of shareholders can sue for damages caused by a collapsed merger. Deciding a case of first impression that he said has "far-reaching" effects on litigation involving large-scale transactions, the judge found that the third-party beneficiaries of a scheduled merger between Consolidated Edison and Northeast Utilities are shareholders who owned the stock on the day the merger broke down.
6 minute read
August 01, 2007 | National Law Journal

Is this any way to recruit associates?

Ask law firm recruits, particularly those from elite schools, about the summer associate recruiting experience, and the stories are fairly similar: Short interviews, shallow questions and a sheaf of boilerplate marketing materials. For law firms, the process is expensive and time-intensive -- and still results in low acceptance and high attrition rates. Some firms are experimenting with more sophisticated interview strategies used by other professional services firms. But resistance to change is fierce.
23 minute read
May 03, 1999 | Law.com

SGL Carbon's Chapter 11 Filing a Legitimate Move Despite Company's Potential Price-Fixing Liability

German steel-component supplier SGL Carbon AG isn't misusing U.S. bankruptcy laws to avoid millions of dollars in potential antitrust liability, a Delaware judge has concluded. SGL Carbon Corp., SGL Carbon's U.S. unit, filed for Chapter 11 protection in U.S. Bankruptcy Court in Wilmington in December. A U.S. district judge concluded in a closely watched decision that SGL Carbon Corp.'s bankruptcy is a legitimate attempt to deal with the antitrust litigation's potentially devastating effects on the company.
4 minute read
August 10, 2006 | The American Lawyer

Glitch Could Foul E-Discovery in Enron Case, Others

5 minute read
May 13, 2003 | Law.com

The Benefits of Specialty Bar Associations

Finally, you have your lawyerly feet on the ground, but it occurs to you: The world of clients isn't beating a path to my door. So you sign up for the nearest and biggest bar association where you can make useful friends and contacts, and fall into committee work sure to wow your elders. But how do you find your way in a professional community so much larger than your own law school? Join a smaller, specialty bar group, too.
7 minute read
November 14, 2001 | Law.com

Toppling Tower

Love him or hate him, Tower Snow Jr., the charismatic chairman of San Francisco-based Brobeck, Phleger & Harrison, had a knack for generating headlines for his firm. During his four-year term, Snow had doubled profits per partner. So when he announced he would step down at the end of his term, the speculation mill buzzed: Was he pressured to resign because of his very public refusal to countenance associate layoffs?
6 minute read
December 07, 2006 | National Law Journal

Companies Find Attorney Advisers for Special Committees Worth the Cost

When the management of AHL Services Inc. agreed in August 2003 to be acquired by a private equity fund, AHL decided it needed a second opinion on whether the deal was fair to shareholders. AHL formed a special committee from its board of directors and hired attorney David A. Stockton to advise. Executives are starting to think that forming a special independent committee can help prevent securities-fraud litigation when they complete a deal or are involved in an internal investigation, Stockton said.
6 minute read
February 15, 2005 | New York Law Journal

Newsbriefs

4 minute read
November 09, 2009 | Law.com

2009 Worst Year for Lawyer Headcount in 3 Decades, Says 'NLJ 250' Survey

The United States' largest law firms this year suffered the deepest cuts in their attorney numbers since The National Law Journal began tracking the figures more than 30 years ago. The total number of attorneys working at the top 250 law firms plunged by 5,259 lawyers. Put another way, it's as if all of the lawyers working at two firms the size of Jones Day vanished in 2009.
8 minute read
March 17, 2005 | Law.com

Eric Bock: Rebound Expert

3 minute read

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