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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

Judge Tosses Bulk of Chevron's Case Against Plaintiffs' Lawyer

Posted on May 14, 2010
A federal judge in California has dismissed eight of nine claims in Chevron's malicious prosecution suit against a Massachusetts plaintiffs' lawyer. leaving the energy giant with just a slight opening in its case against the architect of a massive environmental torts suit.

What the Toyota Plaintiffs Need: More Lawyers!

Posted on May 14, 2010
That's one of the takeaways from Thursday's mega-hearing in the Toyota litigation.

THE AM LAW 100 2010: Alternative Fee Reality

Posted on May 13, 2010
Reasonable people can disagree about whether alternative fee arrangements are good business, but one thing's certain: They can play havoc with a firm's Am Law 100 trend lines.

Jamaican PM Golding: I Okayed Hiring Manatt, But Party Paid

Posted on May 13, 2010
Jamaica's top elected official has admitted for the first time that he authorized hiring Manatt, Phelps & Phillips to lobby U.S. officials in connection with an extradition dispute involving an alleged international drug kingpin that has strained relations between the two countries and resulted in an ethics complaint against the firm.

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Jones Day, Shearman Advise on $5.8 Billion Software Merger

Posted on May 13, 2010
The two firms took lead M&A roles on German software giant SAP's proposed acquisition of database software maker Sybase, announced on Wednesday.

Kirkland, Keker, and Finnegan Henderson Gird Up for Latest Apple IP Battle

Posted on May 13, 2010
HTC fired back against Apple Wednesday in the smartphone IP war Apple started in March. And as The Recorder reports, HTC's infringement claims rely on patents it acquired from a patent troll last year.

Oh, What a Feeling! A Big Day for Lawyers in Toyota Litigation

Posted on May 13, 2010
Which plaintiffs lawyers will land in the driver's seat in the massive MDL over sudden acceleration?

White-Collar Bar: Mobilize!

Posted on May 13, 2010
Are we on the verge of an all-out war between prosecutors and banks?

The Am Law 100 2010: Too Big to Fail?

Posted on May 12, 2010
Carrying dozens of offices through the worst recession in a generation might sound like a prescription for disaster. But heads of The Am Law 100's most geographically diverse firms say that their business model is not only alive, but robust.

A Quiet Lateral

Posted on May 12, 2010
Partners don't often leave Simpson Thacher. And when they do, they might leave without the usual fanfare.

Ponzi Investor Suit Targets Greenberg Traurig, Quarles & Brady

Posted on May 12, 2010
The U.S. Supreme Court's Stoneridge decision goes pretty far to insulate law firms from securities fraud allegations. But as Greenberg and Quarles were reminded in a suit filed Tuesday, plaintiffs haven't given up.

The Texas Rangers Sale: The New Test Case for the Power of Sports Leagues?

Posted on May 12, 2010
It's looking that way, as lawyers from Weil, Paul Weiss and Milbank prepare to do battle.

Polska! Four Firms Grab Roles on Europe's Largest IPO Since 2007

Posted on May 12, 2010
Dewey & LeBoeuf, K&L Gates, White & Case, and Weil, Gotshal & Manges have landed key advisory roles as Poland's largest insurer, PZU, sold off a 30 percent stake to raise nearly $2.7 billion.

Attorney-Client Privilege Fails to Cover Up Nude Photo for White-Collar Defendant

Posted on May 12, 2010
A Sacramento jail banned a paralegal from visiting a tomato processing executive after she unwittingly brought him a produce-bearing pin-up.

New York AG Sues BNY Mellon Unit Over Madoff

Posted on May 11, 2010
The office of New York State Attorney General Andrew Cuomo is suing Ivy Asset Management, a fund-of-funds unit of Bank of New York Mellon, a little more than a month after reports surfaced that Ivy was being probed for advice it allegedly gave to investors relating to Bernard Madoff...

On the Cusp of an M&A Boom?

Posted on May 11, 2010
Skadden Arps, Proskauer Rose, Clifford Chance, Weil Gotshal, Jones Day, Latham & Watkins, Mayer Brown, Irell & Manella, Vinson & Elkins, and Andrews Kurth have landed roles on M&A deals announced in recent days and valued between $300 million and $1 billion...

Struggling Industry Round-Up: Video Stores And (Gulp) Media

Posted on May 11, 2010
More restructuring news from two industries that were struggling before the recession.

Stroock's Alleged $16 Million Typo

Posted on May 11, 2010
The potential value of Stroock's typo keeps getting larger, and it continues to spawn new litigation.

Kagan is Obama's Choice for Supreme Court: Reports

Posted on May 10, 2010
President Barack Obama will nominate Solicitor General Elena Kagan to replace retiring Supreme Court Justice John Paul Stevens Monday morning, according to several news sources. If confirmed, Kagan, 50, would be the youngest Supreme Court justice. The President is expected to formally announce his choice Monday morning at 10 am ET...

The Am Law 100 2010: Catching Up With the Class of 1985

Posted on May 10, 2010
The American Lawyer debuted its firm finance reporting 25 years ago, examining the nation's 51 highest-grossing firms in its July/August 1985 issue. (It was billed as The Am Law 50, but there was a four-way tie at the bottom of the list.) Here's a look at how 1985's Am Law 50 stacks up against the top 50 firms on this year's Am Law 100...

Dewey Advising Vedanta on $1.34 Billion Deal for Zinc Mines

Posted on May 10, 2010
The firm is helping India's largest mining company expand its international footprint by acquiring the zinc assets of Anglo American Plc.

The MBA Mentality Rethinks Itself?

Posted on May 10, 2010
Harvard Business School's newly named dean, Nitin Nohria, has argued that management should become a profession, and managers should focus on regaining much of the legitimacy they've lost over the past decade. One model they might look to, he suggests: the legal profession...

Former Partner Sues Kutak Rock

Posted on May 10, 2010
A former partner at the Omaha-based firm claims Kutak Rock is trying to punish him for joining another firm.

Murder of Former Covington Associate Will Be Focus of D.C. Trial

Posted on May 10, 2010
In a case that goes to trial this week in Washington, D.C., prosecutors will attempt to show that three men--including a former Arent Fox partner--covered up the brutal murder of former Covington & Burling associate Robert Wone, who was killed in 2006.

Arizona Firm Leaders Weigh In On Controversial New Immigration Law

Posted on May 10, 2010
The Am Law Daily checked in with several large Phoenix-based firms to find out how they and their clients are handling the politically hot topic of illegal immigration.

Squire Sanders' Unpaid Fees Morass

Posted on May 10, 2010
Or: Why firms don't usually sue for unpaid fees.

Herbert Smith, Latham Lead on Harrods Deal

Posted on May 10, 2010
We don't know much about shopping, but even we know this is a big deal.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on May 10, 2010
Jones Day picks up two heavy hitters from Dewey. Weil Gotshal grows by one in Hong Kong. And Sullivan & Cromwell brings on a rare lateral hire, adding IP strength to the firm's Palo Alto office. The Churn is constant. Send news and announcements to editorial@alm...

THE AM LAW 100 2010: A Change at the Top

Posted on May 07, 2010
For the first time since 1994's rankings, when top firms earned a quarter of what they do now, Baker & Mc�Kenzie edged out Skadden to top our charts, with revenue of $2.11 billion.

Sports Litigation Wrap: Troubled Times for Top Talent

Posted on May 07, 2010
The lawyers behind the CAA/IMG dispute, Lawrence Taylor's lawyer switch, Dwayne Wade's latest legal battle, baseball players cry foul over real estate fraud, and a big malpractice verdict for former Dolphin O.J. McDuffie.

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