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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

Judicial Panel Admonishes Kozinski For Sexually Explicit Files

Posted on July 02, 2009
The Ninth Circuit Chief Judge, represented by Mark Holscher of Kirkland & Ellis, is admonished by a Third Circuit panel, but no discipline is imposed.

Cravath, Cahill, A&L Goodbody Lead Johnson & Johnson / Elan Deal

Posted on July 02, 2009
Johnson & Johnson will pay $1 billion for a stake in Irish drugmaker Elan Corporation and the rights to drugs that could someday treat Alzheimer's disease.

Skadden, Wachtell Dominate M&A League Tables

Posted on July 02, 2009
Deal volume is down and the top firms are surviving. Meanwhile, Aussie firm Allens Arthur Robinson surprisingly cracks the top five on one table--how, we're not quite sure.

Revenues Up, Profits Flat at Freshfields

Posted on July 02, 2009
Firm chief executive Ted Burke attributes the firm's "good shape" to some restructuring and other mandates, as well as to an uplift from exchange rates.

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Freshfields Would Like to Apologize for its Links to the Slave Trade

Posted on July 02, 2009
A report by the Financial Times last week tied two prominent London institutions--Magic Circle firm Freshfields Bruckhaus Deringer and investment bank Nathan Mayer Rothschild--to slavery in former British colonies. Freshfields and Rothschild both subsequently issued statements apologizing for links between their founders and slavery.

Got Debts? If So, You Might Not Be Fit to Practice Law

Posted on July 02, 2009
An aspiring lawyer fails to gain admission to the New York state bar after devoting about 26 years to earning various degrees and accumulating $400,000 in student loans. Why? Too much debt and not enough payments.

Vorys Wins One for Planned Parenthood

Posted on July 02, 2009
The organization does not have to provide medical records of young girls who underwent abortions at their Cincinnati clinic, according to a state supreme court ruling.

Litigator of the Week: Dianne Elderkin of Woodcock Washburn

Posted on July 02, 2009
At long last the Litigation Daily has selected a woman as Litigator of the Week. And man, did she deserve it.

Clifford Chance Profits Suffer Steep Fall

Posted on July 01, 2009
Profits at the Magic Circle firm fell 37 percent in the 2008-09 fiscal year. Chief executive David Childs described the year as "very challenging" for the firm and its clients, but says a longterm strategy of further growth globally remains a top priority.

Davis Wright Wins for Salinger as Judge Blocks Catcher-Based Book

Posted on July 01, 2009
A federal judge ruled on Wednesday that a book featuring a 76-year-old version of Holden Caulfield--and originally billed as a Catcher in the Rye sequel--can not be published or sold in the U.S. because it infringes author J.D. Salinger's copyright on his iconic novel of adolescent angst...

Live-Blogging the GM Sales Hearing: Are Consumers Getting a Raw Deal?

Posted on July 01, 2009
After flying through GM's defense of its plan to sell itself to a group headed by the U.S. Treasury Department, the sales hearing is now bogged down in consumer liability issues.

The Bankruptcy Files: The Pre-Fireworks 'N Franks Edition

Posted on July 01, 2009
Cooley Godward, Milbank, Faegre & Benson, and Kirkland & Ellis have landed restructuring roles for a pre-July 4th bash of bankruptcy filings.

In Texas, Morgan Lewis Just Keeps Growing

Posted on July 01, 2009
The Houston office has grown from four lawyers in 2007 to 49 today, and includes a few Texan stars such as Baker Botts rainmaker David Asmus and Texas solicitor general R. Ted Cruz. Should the state's native firms be worried?

Live Blogging the GM Sales Hearing: The Labor Issue

Posted on July 01, 2009
Harvey Miller addresses claims that the proposed sales agreement is unfair to labor unions that aren't the United Auto Workers.

Former Mass AG Leaves Greenberg To Join 50-Lawyer Firm

Posted on July 01, 2009
The defection of Thomas Reilly offers more proof that it's no longer sacrilegious to leave The Am Law 100 for a smaller firm.

Live Blogging the GM Sales Hearing: A $90 Billion Company?

Posted on July 01, 2009
Harvey Miller sells the GM sales process.

Live Blogging the GM Sales Hearing: "There Is No Alternative"

Posted on July 01, 2009
Harvey Miller defends the sales plan.

Live Blogging the GM Sales Hearing

Posted on July 01, 2009
The Am Law Daily is on the scene for closing arguments in General Motors sales hearing.

Closing Time: Clifford Chance, Weil Shutter Offices

Posted on July 01, 2009
The two firms shuttered offices in Austin and Budapest, respectively, with Clifford Chance's Hungarian operations spinning off into their own firm.

Checking in With AIG Trust Lawyer Kevin Barnard of Arnold & Porter

Posted on June 30, 2009
AIG holds its annual shareholders meeting this morning. Shareholders will be asked to vote on a number of issues, including a motion by dissident shareholders to further restrict executive pay. Kevin Barnard talks about what to expect from today's meeting and explains more about the government-created trust that now controls the company...

Mayer Brown Names Partner-in-Charge of New York Office

Posted on June 30, 2009
Two months after partners voted to create a new managing partner position and named a new chairman, Mayer Brown continues to roll out leadership changes. Tuesday it named Richard Spehr the partner-in-charge of the New York office.

Debevoise, Linklaters Get More Work from AIG

Posted on June 30, 2009
We're not sure if AIG has reached the "everything must go" stage of selling off assets to help pay back $180 billion in federal government loans. But the ailing insurer continues to keep M&A lawyers busy.

GM's Fritz Henderson Takes the Stand

Posted on June 30, 2009
The Am Law Daily dodged union protesters, braved huge lines, and suffered through court delays caused by sound system problems to get a firsthand look at the General Motors sales hearings.

Franken's Victory in Minnesota Election Is Win for Perkins Coie

Posted on June 30, 2009
Minnesota's high court voted 5-0 Monday afternoon to uphold a lower court ruling declaring Democrat Al Franken the winner of the Senate race against Norm Coleman. The Am Law Daily talked to winning lawyer Marc Elias.

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

Posted on June 30, 2009
Gibson, Dunn & Crutcher takes a fourth partner this month from Clifford Chance, and Virtual Law Partners adds four. Plus: moves to K&L Gates, Linklaters, Mintz Levin, and Sutherland Asbill. The Churn is constant. Send your news to amlawdaily@incisivemedia...

Fried Frank Hosts Gay Marriage Panel Discussion

Posted on June 30, 2009
While the New York State Senate's stalemate over majority control has prevented a gay marriage bill from coming to a vote, if the crowd at a Fried Frank event on Monday night is any indication, New York lawyers remain enthusiastic about the future of same sex marriage rights.

Ex-Bingham Associate Files Date Rape Suit

Posted on June 30, 2009
Months after a Massachusetts state agency dismissed a sexual harassment complaint against Bingham McCutchen filed by a former associate, the firm has been slapped with a civil suit by Michelle Moor, who seeks damages for allegedly being drugged at a holiday party by a Bingham staffer.

Study: Law Firms Have "Little or No Interest in Change," CLOs Say

Posted on June 30, 2009
An annual survey of chief legal officers conducted by legal consulting firm Altman Weil has found that law firms aren't exactly embracing the forces of change that many claim are sweeping the legal industry.

Sentencing Order for ex-Latham Partner Decries Double Life

Posted on June 30, 2009
Samuel Fishman was ordered to spend 15 months in federal prison after pleading guilty to one count of wire fraud. Echoing themes from the Bernard Madoff saga, Judge Victor Marrero's sentencing order is an impassioned condemnation of this "subset of white-collar criminal" who appear to be "distinguished, reputable, highly esteemed model citizens...

The Legal Mess MJ Left Behind

Posted on June 29, 2009
The King of Pop left behind a legacy not only of infectious beats and smooth moves, but a long list of litigation, the National Law Journal reports.

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