http://www.abajournal.com/news/ en Copyright 2013 2013-05-18T20:24:23-06:00 http://www.abajournal.com/news/article/fired_former_female_partner_settles_ropes_gray_age_and_gender_discriminatio/ A fired female intellectual property partner has settled her federal employment discrimination suit against Ropes & Gray on undisclosed terms. Patricia Martone, who was 63 when she was fired by the firm in 2010, lost out on lucrative retirement benefits to which she would have been entitled at age 65… Careers, Women in the Law, Labor & Employment, Law Firms, Large Firm, Partners, Trials & Litigation, Verdicts & Settlements, 2nd Circuit Court, States, New York Fri, 17 May 2013 13:20:34 -0500 44236.abajournal.com http://www.abajournal.com/news/article/former_dewey_partner_settles_lawsuit_against_citibank_over_capital_loan/ A federal judge in New York issued a brief order Thursday dismissing without explanation all claims and counterclaims in a lawsuit concerning a capital loan for a little over $200,000 made by Citibank to a former partner of Dewey & LeBoeuf, reports Reuters. After Citibank sued ex-partner Steven… Banking Law, Business of Law, Law Firms, Large Firm, Partners, Trials & Litigation, Verdicts & Settlements, 2nd Circuit Court, States, New York Fri, 10 May 2013 11:29:59 -0500 44125.abajournal.com http://www.abajournal.com/news/article/jones_day_opens_new_office_in_miami_its_first_in_florida/ Jones Day has opened a new office in Miami, its first in Florida, in a move that is expected to expand its Latin American practice. Bankruptcy partner Pedro A. Jimenez, who is a native of the city. will head the office, which the the 16th in the U.S. and the… International Law, Law Firms, Large Firm, Partners, Central America, International, South America, States, Florida Thu, 09 May 2013 11:05:39 -0500 44105.abajournal.com http://www.abajournal.com/news/article/bankruptcy_co-chairs_leap_from_cadwalader_to_omelveny_along_with_another_pa/ Three bankruptcy partners from Cadwalader Wickersham & Taft, including the co-chairs of the practice group, are headed to O'Melveny & Myers. In a Tuesday announcement, O'Melveny said that co-chairs John J. Rapisarsdi and George A. Davis would serve in the same role at their new firm, working out… Bankruptcy Law, Law Firms, Large Firm, Partners, International, Europe, United Kingdom, States, New York, Washington Tue, 07 May 2013 15:29:39 -0500 44076.abajournal.com http://www.abajournal.com/news/article/australias_publicly_traded_slater_gordon_raising_64m_to_buy_more_uk_persona/ In its continuing drive to dominate the global personal injury and consumer legal market, Slater & Gordon is raising $63.9 million to expand its British personal injury practice. The plaintiff megafirm has struck deals to buy three United Kingdom law firms at a total cost of about $35 million, according… Consumer Law, International Law, Law Firms, Large Firm, Tort Law, International, Australia Tue, 07 May 2013 13:15:31 -0500 44071.abajournal.com http://www.abajournal.com/news/article/6_more_ogletree_lawyers_are_headed_to_littler/ After an unusual high-profile dispute between a former partner of Ogletree Deakins Nash Smoak & Stewart and the firm, another six lawyers are expected to leave the international labor and employment boutique Monday to join competitor Littler Mendelson, their new firm has announced. Within the last two weeks, another seven… Labor & Employment, Law Firms, Associates, Large Firm, Partners Mon, 06 May 2013 11:15:55 -0500 44037.abajournal.com http://www.abajournal.com/news/article/partner_profits_rise_as_law_firms_cut_equity_partners_statistics_confirm/ A decade of statistics confirm that America’s top law firms are shrinking their proportion of equity partners relative to overall lawyers, and the cuts are often improving profits per partner. The American Lawyer analyzed the numbers for 97 law firms in the top 100 for 2012 that… Business of Law, Law Practice Management, Law Firms, Large Firm, Partners Mon, 06 May 2013 08:34:01 -0500 44041.abajournal.com http://www.abajournal.com/news/article/dla_charters_cruise_ship_for_partner_meeting/ DLA Piper’s partners are meeting in style this month on a chartered cruise ship sailing from Barcelona to Nice. DLA Piper is the world's largest law firm, by revenue and lawyers. Its four-night partner excursion will take place on Royal Caribbean’s Liberty of the Seas, the Washingtonian reports… Business of Law, Law Practice Management, Law Firms, Large Firm, Partners Mon, 06 May 2013 05:40:08 -0500 44026.abajournal.com http://www.abajournal.com/news/article/Howrey_bankruptcy_and_others_ended_era_of_great_expectations_for_BigLaw_fir/ A death-knell for the era of great expectations for BigLaw firms has been sounded by the bankruptcies of, among others, Howrey; Heller Ehrman; Thelen; and last year's record-breaking Chapter 11 filing by Dewey & LeBoeuf, experts say. They predict further law firm failures and a move toward smaller, less cumbersome… Business of Law, Law Firms, Large Firm Fri, 03 May 2013 09:53:51 -0500 44023.abajournal.com http://www.abajournal.com/news/article/sec_reportedly_subpoenas_information_from_greenberg_traurig_and_a_lobbyist/ The Securities and Exchange Commission has reportedly issued subpoenas to Greenberg Traurig as the agency seeks more information about an investor alert issued by one of the law firm’s clients, a stock brokerage. Several anonymous sources told the Washington Post that the SEC subpoenaed Greenberg Traurig; one… Business of Law, Law Practice Management, Law Firms, Large Firm, Legislation & Lobbying, Securities Law Thu, 02 May 2013 07:50:53 -0500 44007.abajournal.com http://www.abajournal.com/news/article/former_dewey_chairman_may_not_have_to_pay_entire_511k_settlement_it_depends/ Former Dewey & LeBoeuf chairman Steven Davis is getting some leeway in a proposed $511,000 settlement related to the law firm’s collapse. The proposed agreement to settle a mismanagement claim gives Davis six years to pay the money, and it’s contingent on his earnings, the… Bankruptcy Law, Law Firms, Large Firm, Partners, Trials & Litigation, Verdicts & Settlements Wed, 01 May 2013 08:43:55 -0500 43986.abajournal.com http://www.abajournal.com/news/article/partner_sent_email_complaint_to_colleagues_and_clients/ Updated: In a highly unusual public criticism of his now-former law firm, a partner of Ogletree Deakins Nash Smoak & Stewart complained to colleagues and clients in an email as he exited in March about what he called a "completely unacceptable" response to a female shareholder's complaint that she had… Contracts, Labor & Employment, Law Firms, Large Firm, Partners Wed, 01 May 2013 08:32:32 -0500 43981.abajournal.com http://www.abajournal.com/news/article/greenberg_traurig_agrees_to_settle_suit_claiming_it_contributed_to_chaotic_/ Greenberg Traurig has agreed to pay $4.9 million to settle a suit claiming the firm contributed to a “chaotic” wind down of Heller Ehrman. The deal still needs the approval of a bankruptcy judge, the Wall Street Journal Law Blog (sub. req.) reports. Greenberg Traurig spokeswoman Jill… Bankruptcy Law, Law Firms, Large Firm, Trials & Litigation, Verdicts & Settlements Tue, 30 Apr 2013 08:34:50 -0500 43967.abajournal.com http://www.abajournal.com/news/article/katten_muchin_opens_new_houston_office_with_pillsbury_enviro_leader_hires_7/ The leader of the environmental practice group at Pillsbury Winthrop Shaw Pittman is leaving the firm to open a new Houston office for Katten Muchin Rosenman. Mark Farley will be in charge of a five-lawyer Houston office, serve as a co-chair of his new firm's environmental practice and lead its… Business of Law, Energy Law, Law Firms, Associates, Large Firm, Partners, States, Texas Mon, 29 Apr 2013 16:19:56 -0500 43963.abajournal.com http://www.abajournal.com/news/article/getting_good_reviews_at_a_large_firm_you_may_a_biglaw_odd_duck_and_thats_ok/ About 96 percent of the BigLaw lawyers seeking help from psychotherapist Will Meyerhofer are seeking a way out. Then there are the 4 percent who like BigLaw practice. “I don’t want to exaggerate the phenomenon,” Meyerhofer writes at the People’s Therapist, “but there are folks who actually… Careers, Law Firms, Large Firm Mon, 29 Apr 2013 06:30:52 -0500 43937.abajournal.com http://www.abajournal.com/news/article/am_law_100_make_modest_gains_revenue_and_profits_is_the_market_recovering/ Am Law 100 law firms overall had low single-digit year-over-year increases in all major metrics, the American Lawyer magazine reported in its annual survey. Gross revenue was up 3.4 percent, average revenue per lawyer was up 2.6 percent, and average profits per partner were up 4.2 percent, Business of Law, Law Firms, Large Firm, Partners Thu, 25 Apr 2013 18:38:45 -0500 43929.abajournal.com http://www.abajournal.com/news/article/plan_to_have_kaye_scholer_give_up_1.5m_in_fees_to_settle_disclosure_case_is/ A planned settlement of a case over lack of disclosure by a law firm and others in a corporate bankruptcy case has been withdrawn without explanation by the feds. The settlement would have required Kaye Scholer to forgo $1.5 million in attorney fees in a Chapter 11 case and have… Bankruptcy Law, Law Firms, Large Firm, Partners, Trials & Litigation, Attorney Fees, Verdicts & Settlements, 2nd Circuit Court, States, New York Thu, 25 Apr 2013 10:58:24 -0500 43916.abajournal.com http://www.abajournal.com/news/article/bvideo_up_to_20_of_amlaw_200_badly_weakened/ A substantial percentage of the nation's largest law firms enter the sixth year of the Great Recession "badly weakened," and more firms are expected to fail, according to law firm consultant Kent Zimmermann of the Zeughauser Group. Their problems boil down to "too many… ABA Journal, Business of Law (Video), Business of Law, Law Firms, Large Firm Thu, 25 Apr 2013 09:27:10 -0500 43913.abajournal.com http://www.abajournal.com/news/article/major_chinese_firm_zhong_lun_opens_office_in_new_york/ One of China's largest law firms has opened an office in New York. The Zhong Lun Law Firm announced in a press release Tuesday that its new midtown office expects to help both U.S. clients investing or doing business in China and… Law Firms, Large Firm, Partners, International, Asia, China, States, New York Wed, 24 Apr 2013 13:05:02 -0500 43899.abajournal.com http://www.abajournal.com/news/article/kaye_scholer_gives_up_1.5m_in_chapter_11_fees_revamps_policy_to_end_trustee/ Kaye Scholer has agreed to give up $1.5 million in legal fees and revamp its policies and procedures concerning applications for bankruptcy work to settle a U.S. Trustee's office claim that the law firm failed to make necessary disclosures in a major Chapter 11 case. The settlement announced Monday in… Bankruptcy Law, Business of Law, Law Practice Management, Law Firms, Large Firm, Trials & Litigation, Attorney Fees, Verdicts & Settlements, 2nd Circuit Court, States, New York Tue, 23 Apr 2013 17:02:59 -0500 43880.abajournal.com