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Enron Probe Examines Firms' Roles
The Enron examiner is back. R. Neal Batson, the court-appointed investigator of the financing schemes that contributed to Enron's bankruptcy, released his second report last week. The 2,147-page document offers a pitiless analysis of Enron's financial maneuvering -- and sharply challenges tax advice given by several prominent law firms, including Akin Gump Strauss Hauer & Feld and McKee Nelson.Former Illinois Law Dean Testifies About Pressure to Accept Favored Applicants
When a former dean of the University of Illinois College of Law went before a state admissions commission Wednesday to answer ethical concerns about an alleged political clout list used to get some students into the law school, she said she fought those pressures "at every turn" but felt she had no choice other than to follow superiors' orders to admit about 15 students from the list during her five-year term.2nd Circuit Says 'Expert' Witness Strayed From His Expertise
A federal appeals court has overturned a heroin conviction because a drug agent was allowed to testify as an expert on the meaning of the phrase "I was there to watch someone's back." The 2nd U.S. Circuit Court of Appeals said the agent was wrongly allowed to use his expertise on drug lingo and drug transaction scenarios to give criminal meaning to a term in wide use, and that the agent -- led by the trial judge -- had left his area of expertise.Pro Bono Work Is Good for Business
In making the case for why lawyers and legal institutions should undertake pro bono work, supporters of pro bono service typically focus on the compelling need for such assistance. But, says Georgetown Pro Bono Institute's Esther F. Lardent, research has shown that what makes good moral and ethical sense also -- happily -- makes good business sense, too.Lawyer Count Drops in Some Top New York City Firms
The number of attorneys at leading New York law firms has dropped sharply. Attrition is on the rise, incoming associate classes are smaller, and the expanding job market has opened the door to opportunities at other law firms and in-house legal departments. In the past, high attrition left large firms understaffed. But so far the firms are able to handle their workloads. At least for the moment.Trending Stories
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