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Clifford Chance Head To Relocate to N.Y., Build U.S. Practices
In a move to affirm his law firm's commitment to the U.S. market, Clifford Chance's global managing partner, Peter Cornell, has announced he will relocate to New York.Bad News for Pfizer in Securities Class Action over Arthritis Drug Disclosures
Insurance Lawyers Debate Terrorism
WAS THE Sept. 11 attack on the World Trade Center one occurrence or two?Sullivan & Cromwell Opens Bonus Season for Associates
Sullivan & Cromwell has kicked off the year-end bonus season by announcing additional compensation starting at $30,000 for first-year associates and ranging up to $50,000 for senior associates. The bonuses are unchanged from last year, a fact likely to disappoint many associates, especially since bonuses for investment bankers are expected to rise considerably this year. It remains possible other firms will pay higher bonuses, forcing Sullivan & Cromwell to pay a matching supplement.Rulings Question Silicon Valley's Cozy Business Culture
A series of court rulings from Delaware is putting Silicon Valley's cozy business community under a microscope. The most recent case involves San Jose, Calif.'s eBay Inc., whose directors came under fire for investing in initial public offerings handled by eBay's investment banker. The rulings could be warnings that some practices the Valley took for granted won't pass muster in the wake of corporate scandals like Enron.Trending Stories
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