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July 23, 2002 | Law.com

Bankruptcy Lawyers Rev Up for WorldCom

4 minute read
April 19, 2004 | Law.com

Lawyering as Fine Art

Jo Backer Laird joined Christie's in October 1997 amidst what she thought was an important if unexceptional investigation into its pricing practices. Three years later, she stood at the center of Christie's greatest crisis, an antitrust investigation that threatened to destroy the 238-year-old auction house. Working closely with colleagues and outside advisers, she led Christie's through the emergency.
7 minute read
July 27, 2006 | New York Law Journal

Newsbriefs

3 minute read
January 23, 2003 | Law.com

Bad Year for N.Y. Law Firms Handling M&As

How bad a year was it for New York mergers and acquisitions lawyers? Just ask any lawyer not aboard for Pfizer's $61.3 billion acquisition of Sweden's Pharmacia, which accounted for almost 15 percent of the total value of announced U.S. merger activity in 2002. The dearth of U.S. deals even knocked New York firms off of the summit of the worldwide rankings.
4 minute read
May 04, 2005 | New York Law Journal

Real Estate Marketplace

The Young Women's Christian Association of the City of New York has sold its headquarters of 90 years at 610 Lexington Avenue and has moved to leased space at 52 Broadway.
4 minute read
March 27, 2003 | Law.com

Another Hong Kong Office Closure

For a custom-made suit at less than what it would cost in New York or London, Hong Kong is the place to go. Some lawyers say that distinction applies to legal services as well. New York-based Cravath, Swaine & Moore does not do low-cost work -- which is why the firm plans to close its Hong Kong office. Cravath follows Dewey Ballantine, which recently announced plans to end its Hong Kong presence by month's end.
5 minute read
April 02, 2007 | Law.com

JPMorgan Chase Wins Dismissal of Enron-Related Investors Suit

A federal judge has rebuffed JPMorgan Chase investors who alleged they bought shares in the company out of regard for its "integrity and financial discipline" during the time it was aiding and abetting the massive Enron fraud. Dismissing the investors' second amended complaint, Southern District of New York Judge Sidney H. Stein said that the plaintiffs had failed to sufficiently plead scienter on the bank's part regarding its alleged mischaracterization of transactions involving two Enron shell companies.
5 minute read
May 25, 2000 | Law.com

Taking a Bank Holiday

Crushing workloads have taken their toll on many Silicon Valley working relationships. In particular, the ties between corporate lawyers and investment bankers are becoming increasingly strained. Some firms have stopped taking on investment banking work entirely, while a few are building teams of securities specialists who can move from one transaction to another.
5 minute read
October 31, 2002 | Law.com

Clifford Chance Memo Reveals Bonus Anxiety

Among the facts of large law firm life recounted in the now-famous Oct. 15 Clifford Chance associates' memo, the bleakest for managing partners may be that boom-year bonuses have not only survived the end of the boom, but have become an entrenched expectation and the overwhelming focus of associate unhappiness -- especially when they're perceived as possibly the only communication an associate may get about his or her status.
8 minute read
December 31, 2003 | Law.com

IPO Market Sags Again In 2003

It doesn't take much these days to be a leading player among law firms that handle initial public offerings. During the Internet boom, a firm had to handle as many as 100 IPOs to be considered a heavyweight. Now, Silicon Valley firms like Wilson Sonsini Goodrich & Rosati and Cooley Godward are lucky if they crack five deals in a year. In fact, 2003 was the worst year for IPOs since 1979, data from securities research company Thomson Financial shows. However, securities lawyers see hope ahead.
4 minute read

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