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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

More Lawyers Behaving Badly

Posted on October 27, 2010
The legal perp walk continues: A New Jersey lawyer is censured for repeatedly stealing from a blind concessions operator, another attorney is arrested for making threatening and racist phone calls, and an Arizona lawyer is up for disbarment for telling a client she was channeling his dead wife.

Latham, Dow Lohnes Advise on Kelley Blue Book Deal

Posted on October 27, 2010
America's car buying bible is scooped up by Autotrader.com

German Court Rules Deutsche Bank Must Pay $980,000 Over Swap Deal

Posted on October 27, 2010
Deutsche Bank is facing more than 20 suits claiming it hid the risks of complex interest rate swaps it sold to local governments and utilities.

Covington Advises GlaxoSmithKline on $750 Million FCA Settlement

Posted on October 26, 2010
GlaxoSmithKline has agreed to pay the fourth-largest settlement by a pharmaceutical company in U.S. history in a whistle-blower case involving the production and manufacturing of drugs from a shuttered Puerto Rican factory.

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Harrisburg Interviewing Five Firms for Possible Bankruptcy Work

Posted on October 26, 2010
Twelve law firms submitted proposals to advise Pennsylvania's capital city on a possible Chapter 9 filing. Five of those have been selected to make 15-minute presentations before the Harrisburg city council stating their qualifications on Tuesday night.

Outsourced: LPOs Challenging Big Firms for Work

Posted on October 26, 2010
As in-house law departments continue to search for cheaper, quality outside legal work in the wake of the recession, legal process outsourcers may be ready to take on large law firms.

Eight Firms Advise on $1.4 Billion Brit Insurance Buyout

Posted on October 26, 2010
Sullivan & Cromwell and Clifford Chance are jointly advising a private equity consortium comprised of Apollo Global Management and CVC Capital Partners that's buying Amsterdam-based Brit Insurance Holdings.

Google's White & Case Team Leads Defense Charge Against Paul Allen's E-Commerce Patent Suit

Posted on October 26, 2010
The billionaire former Microsoft executive sued 11 e-commerce giants for infringement last summer. Many of them have now joined Google's motion to dismiss, which calls for tossing Allen's case on Iqbal grounds.

Baker & McKenzie Hit With $103 Million Malpractice Verdict

Posted on October 26, 2010
A Mississippi jury recently found in favor of a former Baker & McKenzie client by returning a $103 million malpractice verdict against the firm and a lawyer in its Dallas office.

The Careerist: White, Male, Profitable

Posted on October 26, 2010
Your face could determine your success--and your firm's--according to a new study published in the journal Social Psychological and Personality Science.

Chair-ity Case: Ropes Switches Offices, Donates Furniture

Posted on October 25, 2010
Last week the Boston-based Am Law 100 firm officially moved into its new digs at the Prudential Tower. While more than 1,000 people changed addresses in the move, some 8,400 office items didn't make the trip.

Representing Mavericks' Cuban, Dewey Gets Creative with SEC

Posted on October 25, 2010
Billionaire Mark Cuban has offered to pay the Securities and Exchange Commission out of his own pocket in an attempt to speed up the process of obtaining government documents from a Freedom of Information Act request.

Three Firms Advising on Carlyle Group's $3 Billion Bid for CommScope

Posted on October 25, 2010
Alston & Bird, Latham & Watkins, and Gibson, Dunn & Crutcher are working on a deal that could see one of the world's largest private equity firms acquire telecommunications equipment maker CommScope for about $2.9 billion in cash.

Deal Work Heats Up Down Under for International Firms

Posted on October 25, 2010
The Singapore and Australian stock exchanges announced plans for an $8.3 billion merger, while leading Canadian-Australian copper miner Equinox Minerals has agreed to acquire Citadel Resource Group for $1.2 billion. A total of seven firms landed lead legal advisory roles on the two deals.

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

Posted on October 25, 2010
Crowell & Moring launches a new practice with a lateral counsel; two partners join the financial services practice at Katten Muchin; and Bingham McCutchen expands in Tokyo. The Churn is constant. Please send all announcements and news releases to thechurn@alm...

For Orrick and Quinn, a New Twist in Bratz Battle

Posted on October 25, 2010
A revised ruling by the U.S. Court of Appeals for the Ninth Circuit in the long-running battle between toy makers MGA and Mattel could ensure that the case never makes its way to the U.S. Supreme Court.

Linklaters, Adams and Reese Advise on Latest BP Asset Sale

Posted on October 25, 2010
British oil giant BP has agreed to sell four wells in the Gulf of Mexico to Japanese trading company Marubeni for $650 million.

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

Posted on October 23, 2010
Winston & Strawn brings in a new managing partner in Beijing; two partners move from Foley to Schiff Hardin; and SNR Denton expands its capital markets practice. The Churn is constant. Please send all announcements and news releases to thechurn@alm...

The Careerist: JDs Are Classier Than MBAs

Posted on October 22, 2010
J.D.s, feel inferior no more.

Womble Carlyle Representing John Edwards in Sex Tape Dispute

Posted on October 22, 2010
Attorneys from the Am Law 200 firm have signed on to represent former North Carolina Senator John Edwards in the tawdry mess surrounding the former presidential candidate.

Just Say No?

Posted on October 22, 2010
In today's tight labor markets, young lawyers desperately need their jobs to repay enormous student debt and sustain themselves. Few would risk unemployment to assuage their conscience or to avoid an abusive superior.

With Help of Williams & Connolly, "Cake Boss" Can Have His Name...

Posted on October 22, 2010
And--if show host Buddy Valastro really wants--he can it eat it, too.

Three Firms Snag Roles on Caterpillar's $810 Million Deal for German Engine Maker

Posted on October 22, 2010
Mayer Brown, Clifford Chance, and British firm SJ Berwin all played a part in Caterpiller's acquistion of MWM Holding from U.K. private equity firm 3i Group.

Four Firms Assist on $3B Senior Housing Deal

Posted on October 22, 2010
Wachtell and Sullivan & Cromwell took the lead on the Ventas Inc. acquisition of Atria Senior Living Group. The buy makes Ventas the country's largest owner of senior housing communities.

Sidley, Latham on GE's $587 Million Acquisition of Clarient

Posted on October 22, 2010
In GE's latest effort to deploy its $25 billion stash of cash, the company's health care unit is buying cancer diagnostics company Clarient.

Refco Class Lawyers Seek $50 Million in Fee Request

Posted on October 22, 2010
Class counsel at Grant & Eisenhofer and Bernstein Litowitz Berger & Grossmann have asked for $40.8 million in fees and $8.5 million in expenses for recovering about $405 million for Refco shareholders.

Baker Botts Partner Named New FINRA Enforcement Chief

Posted on October 22, 2010
J. Bradley Bennett, cochair of the white-collar and investigations group at Baker Botts, has been named the new head of the enforcement unit for the Financial Industry Regulatory Authority.

With Hughes Hubbard Assist, Edwards Angell Partner Tries to Revive ACORN

Posted on October 21, 2010
ACORN is dead, at least in New York State. But a partner at Edwards Angell Palmer & Dodge has helped create two new organizations that aim to pick up at the local level where the controversial anti-poverty group left off, thanks to a little pro bono assistance from Hughes Hubbard & Reed.

The Careerist: Not on the Same Page

Posted on October 21, 2010
Is it time to dust off Men Are from Mars, Women Are from Venus?

Lawsuit Claims Wilson Sonsini Hid Conflict of Interest

Posted on October 21, 2010
Former client Existence Genetics claims that the firm did not disclose its representation of direct rival Navigenics.

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