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March 01, 2004 | Law.com

The Color of Money

More and more firms are funding scholarships for minority law students. How big an impact do such programs really have?
9 minute read
August 26, 1999 | Law.com

Biggest Little Court in Texas

About once every other month, hearings at the Texarkana, Texas courthouse attract a horde of out-of-town lawyers, followed by a phalanx of reporters, whose stories are chock full of narrative that juxtaposes multibillion-dollar business litigation against this sleepy town's forlorn strip malls and greasy spoons. Among the headliners: Texas' $17.3 billion tobacco settlement, the $4 billion Bre-X securities fraud against Lehmann Bros. and a billion-dollar antitrust class action against General Electric.
9 minute read
September 08, 2009 | The Recorder

Monthly Lateral Report

The latest lateral moves.
5 minute read
December 26, 2005 | New Jersey Law Journal

The Color of Money

Scholarship awards, it turns out, aren't an especially efficient way to identify and recruit outstanding minority law students for long-term employment. At best, scholarships help firms brand themselves as minority-friendly, enabling law firms to promote themselves and their diversity efforts to minority law students and laterals.
9 minute read
August 16, 2007 | Law.com

Solicitor General Sides Against SEC in Major High Court Securities Case

In the cage match of the securities bar, Solicitor General Paul Clement has sided with corporate interests over investors. Clement on Wednesday filed an amicus brief for defendants in a Supreme Court case that may decide whether lawyers, accountants and bankers can be sued by private investors for activities that arguably go beyond aiding and abetting corporate fraud. In an extraordinary turn of events, the case has exposed a rift between the SEC and the Bush administration and its Department of Justice.
10 minute read
August 16, 1999 | Law.com

In Fen-Phen Trial, the Uninjured Sue for Preventative Maintenance

Unlike conventional class actions, the plaintiffs in the fen-phen diet drug suit that went to trial last Wednesday haven't suffered illness or injury. In fact, their class is specifically defined to "exclude" such people. "We are not here for money; we are here for monitoring," said plaintiff's lead counsel Esther Berezofsky. So, does someone with no discernible injury from a product have a cause of action, based solely on the possibility that an injury may become manifest in the future?
6 minute read
The Global Lawyer: Elliott and the Vultures v. Cleary and the Deadbeats
Publication Date: 2012-12-04
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Aside from costing Argentina billions, the likeliest effect of an Elliott Associates win in the Argentine bondholder litigation may not be to end sovereign restructuring, but to re-route it from New York to London. And the biggest loser after Argentina might be Cleary Gottlieb Steen & Hamilton, which has built a tidy business in issuing, restructuring, and litigating New York-law bonds from Latin America.

November 18, 2009 | Law.com

The Benefits of Sabbaticals for Lawyers

There is a long and time-honored tradition among other cultures, and other professions, of giving the mind and spirit a break from the day-to-day grind, notes attorney Janice Mock. It's called a sabbatical. You've heard of it, right? Right -- just not anywhere near your office door. Embracing the notion of what a world with sabbaticals for lawyers as commonplace would look like, Mock discusses the benefits of sabbaticals both for the attorneys who take them and for the law firms that allow them.
10 minute read
September 13, 1999 | Law.com

Fen-Phen Trial Testimony: Risks Stop One Year After Use

American Home Products' former top medical executive tried to strike at the core of a class action over fen-phen last week by testifying that the risk of heart and lung disease disappears a year after patients stop taking the diet drugs. The testimony by Dr. Marc Deitsch, former senior vice president of medical affairs at AHP subsidiary Wyeth Laboratories who was called by the plaintiffs as a hostile witness, was key because the class is made up of people who used the drug but are asymptomatic.
5 minute read
December 05, 2005 | Law.com

The Color of Money

Minority scholarship programs are gaining popularity among large firms these days. Approximately 20 Am Law 200 firms now sponsor scholarships for minority law students, including Kirkland & Ellis, Shearman & Sterling and Baker & Hostetler. The scholarships demonstrate commitment to diversity, although it's also clear that for some firms the scholarships double as recruiting tools. Paul Garcia of Kirkland says the recipient "has to be someone we can see and want to be a partner at Kirkland & Ellis."
9 minute read

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