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June 08, 1999 | Law.com

Another Monster Chapter 11

The Loewen Group Inc., the owner of more than 1,100 funeral homes and 400 cemeteries, catapulted to second place on the list of largest Chapter 11 filings made in Delaware in the 1990s. Loewen listed $4.14 billion in assets and $3.24 billion in liabilities, continuing the feverish pace of bankruptcy filings in the state this year. Only Continental Airlines, which had $4.8 billion in assets and $3.4 billion in debt when it filed for reorganization, has exceeded Loewen's total assets this decade.
4 minute read
February 24, 2010 | National Law Journal

Seyfarth Shaw plans to link merit pay and billing rates for associates

Seyfarth Shaw rolled out more details Wednesday on how its new merit-based compensation system for associates will work. The new merit levels will be the basis for how much the firm charges clients for associates' legal services, the firm said.
3 minute read
March 25, 2003 | Law.com

Want a Mentor? Find and Develop Your Own

A common question in interviews for law firm jobs concerns firms' mentoring system. This question, while appropriate in its way, misses the point of most mentoring relationships. Just as no one can pick a life mate for you, no one else can really find a mentor for you. Here are some of the most important elements in finding and developing mentor relationships.
9 minute read
September 04, 2009 | Law.com

Judge in Heller Bankruptcy Orders Mediation Talks, Sets Dates

The judge in Heller Ehrman's bankruptcy has ordered mediation between the firm's creditors and its former shareholders, the first sign that shareholders might come to the table to iron out an ending to the nine-month-old bankruptcy. The talks are slated to take place on Oct. 30 and Nov. 16. The judge also ordered each side to file settlement conference statements confidentially with the moderator by later this month.
2 minute read
Susan Beck's Summary Judgment: Why the SEC Needs an Outsider as Its Next Chairman
Publication Date: 2012-12-12
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For all the strides Mary Schapiro made after the disastrous tenure of Christopher Cox, the SEC is still tainted by the perception that it's a captive of Wall Street.

January 20, 2006 | Law.com

Teaching Tech Skills to Lawyers

While most lawyers can send e-mails, create documents and surf the Internet, more advanced functions are often deferred to IT specialists. With technology progressing so quickly, competitive pressures may compel firms to seek out the most effective systems for introducing new technological capabilities to their lawyers. Proactive law students and attorneys who take the time to stay on top of legal technology have the best chances for success in the brave new world to come.
7 minute read
DOJ Flexes Antitrust Muscles in American-US Airways Suit
Publication Date: 2013-08-13
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It’s the second mega-suit filed by DOJ litigators since William Baer, a former partner at Arnold & Porter, took over as head of the antitrust division in early January.

November 19, 2008 | Corporate Counsel

President Obama's Centrist Antitrust Enforcement

Will the current economic crisis affect President-elect Barack Obama's promise to "reinvigorate antitrust enforcement"? Attorneys Neal R. Stoll and Shepard Goldfein think not. Rather than radical change, the Obama administration augurs a centrist approach at the Department of Justice and the Federal Trade Commission. Specifically, the DOJ's laissez-faire enforcement practices regarding mergers and dominant-firm conduct will likely migrate toward a moderately less-aggressive FTC enforcement policy.
12 minute read
November 01, 2005 | Law.com

Must Calif. Judges Remain Wary of ADR Cases?

California judges freaked out 10 months ago when an appeal court issued a ruling that threatened their participation in arbitration and mediation cases. Even state legislators felt their pain and overwhelmingly backed a bill -- since signed into law -- that had the express purpose of eliminating the offending opinion. Now, however, everybody involved in the case, which has been taken up by the state Supreme Court, has muddied the waters again by interpreting the amendment in different ways.
5 minute read
October 08, 2009 | Law.com

Percentage of Women, Minority Attorneys at Texas Firms Holds Steady

Firms with the largest Texas offices shed some lawyers between July 1, 2008, and July 1, 2009, but the percentages of minority and female lawyers didn't slip. While 24 of the 26 firms with the most lawyers in Texas lost 2.9 percent of their lawyers, the percentage of minority lawyers increased by 0.6 percent and the percentage of female lawyers rose by 0.2 percent. "That statistic is definitely indicative of progress on some level in minority retention," says Weil, Gotshal & Manges' Emmanuel Obi.
9 minute read

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