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Some Texas Associates Find 2004 to Be a Very Good Year
A number of large Texas law firms have distributed or plan to distribute discretionary associate bonuses for 2004 that far exceed -- in some cases by more than double -- the bonuses paid in 2003, according to a survey of the 25 largest firms in Texas. Some firms are paying higher bonuses due to higher revenues; others are competing with the bonus amounts distributed in the New York market.Power Player: GC Does Deals Over Decades, Both as a Lawyer and a Businessman
Keith Head knows energy deals from beginning to end. As vice president, general counsel and corporate secretary for Harvest Natural Resources Inc. in Houston, he's been on the front end of deals identifying and valuing potential acquisitions.Shareholders Sue Over Alleged Backdating by Citrix Systems Execs
A recent flurry of lawsuits by shareholders of Citrix Systems in federal court in Florida alleges that 17 current and former Citrix executives, directors and members of the compensation committee unjustly enriched themselves at the expense of shareholders by receiving stock options at backdated prices. The lawsuits follow the company's disclosures earlier this year to the Securities and Exchange Commission that it was looking into its stock options granting practices for its executives.The Bankruptcy Files: Much Ado About Fees, as MF Global Trustees Deliver Reports
Against the backdrop of a rare public meeting on the subject of large legal fees in big corporate bankruptcies, Hughes Hubbard & Reed corporate reorganization and bankruptcy group chair James Giddens and former FBI director Louis Freeh of Freeh Sporkin & Sullivan submitted their reports as trustees advocating for dueling interests in the Chapter 11 case of MF Global. Meanwhile, firms like McCarter & English and Willkie Farr & Gallagher landed roles on the latest round of notable bankruptcy filings.New York Court of Appeals Roundup
Roy L. Reardon and Mary Elizabeth McGarry, partners at Simpson Thacher & Bartlett, discuss recent decisions of the Court, in which it held that counsel may conduct an ex parte interview of an adversary's former employee, reaffirmed the high standard for punitive damages, and upheld the well-settled principle that partners are free to fix their rights by agreement and that the Court will not imply provisions of N.Y. Partnership Law into the contract to override terms to which the parties had agreed.The Paper Chase, or: How Not to Eat Travel Expenses
Receipts, those tiny scraps of paper, can make the difference between quick and easy reimbursement for traveling expenses, and protracted delay or worse -- having to eat the costs incurred on the road. Here's a quick course on how to use and keep receipts to protect your money while representing clients away from the office.Trending Stories
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The Positive Impact of AI at Small Law Firms: 4 Key Insights
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