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May 22, 2007 | Law.com

Bank of America Faces Race Bias Suit

Five former and current employees have sued Bank of America Corp., alleging it discriminated against African-American brokers and bankers in promotion, compensation, mentoring and other employment opportunities. The lawsuit, filed Thursday at a federal court in Massachusetts, alleges Bank of America gave black brokers and bankers inferior positions and less favorable assignments than their white counterparts. The suit also alleges that the bank's retail brokerage unit engaged in "racial steering."
2 minute read
November 24, 2008 | Daily Report Online

Court mulls early release of Uighurs from Gitmo

WASHINGTON AP - A federal appeals court seemed reluctant on Monday to release 17 Turkic Muslims being held without charges at Guantanamo Bay, Cuba, questioning whether judges rather than a president can order their freedom into the United States.In a showdown over presidential power, a three-judge panel of the U.S. Court of Appeals for the D.
4 minute read
February 12, 2010 | Daily Business Review

Lennar teams with FDIC to buy distressed loans

Miami-based Lennar acquired a 40 percent managing interest in two loan portfolios with balances of $3.05 billion for about $243 million.
5 minute read
August 27, 2007 | Daily Report Online

On The Rise: W. Scott Ortwein

When Stephen A. Hellrung, senior vice president, general counsel and secretary of Marietta-based Graphic Packaging Corp., called Alston Bird last year for help on a complex $655 million merger, he was surprised that the firm recommended W. Scott Ortwein.Hellrung admits his skepticism that someone so young could handle the work, but after watching him in action, he began to trust the choice.
3 minute read
August 06, 2013 | New York Law Journal

Judge OKs $590M Citi Deal But Slashes Attorney Fees

Citing "waste and inefficiency," Southern District Judge Sidney Stein awarded lead plaintiffs counsel Kirby McInerney $70.8 million in attorney fees, a 27 percent reduction from what the firm had sought, faulting Kirby for requesting $400 to $550 an hour for the work of dozens of contract attorneys.
3 minute read
September 01, 2004 | The American Lawyer

Good Reception

A few weeks ago, I found myself in the reception area of a large law firm. (We'll leave out the name to protect the innocent.) After hopping cabs for most of the day, I was hoping to find an open computer to check e-mail before my meeting. So I asked the receptionist if there was a guest computer or an open connection that I could use to access my e-mail account. (No, I don't carry a BlackBerry.)
6 minute read
November 03, 2003 | Texas Lawyer

Closing the Deal

Being able to advise your clients on business issues and helping them to improve performance and profitability not only proves your value as a lawyer but also, more importantly, differentiates you from other lawyers.
8 minute read
February 26, 2009 | Legaltech News

D.C. Circuit Delivers High-Cost EDD Lesson

The D.C. Circuit's ruling in In re Fannie Mae is a cautionary tale for e-discovery counsel that highlights the importance of understanding the issues and the potential scope of EDD before entering into any type of agreement governing the future conduct of discovery in the case.
9 minute read
May 26, 2009 | The Recorder

Penn. Firm Shakes Up Pay Model

At Post & Schell, associates' compensation is based on their practice area.
7 minute read
March 01, 2004 | Corporate Counsel

GOVERNMENT

Not every law firm seeks out Oprah as a strategic partner. Consider the low-key tactics of Morrison Foerster and Arnold Porter, the two firms that have represented cadet Andrea Prasse, a member of the academy's class of 2001. Prasse was expelled for an alleged honor code violation just eight days before her graduation in May 2002. A male cadet-whom Prasse claims was harassing her-made the charge.
3 minute read

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