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Business of Law

  • April 6, 2012

    NYLS Grads Won't Back Down From Claims Of Bogus Job Data

    A putative class of New York Law School graduates is appealing a judge's dismissal of its suit alleging the graduates' alma mater inflated its postgraduate employment figures, disputing the ruling that reasonable consumers should have spotted the data's flaws, the class said Thursday.

  • April 6, 2012

    Dewey Loses Structured Finance Chair To Mayer Brown

    Struggling Dewey & LeBoeuf LLP lost another partner Friday when Stephen Rooney, the former global chair of the structured finance practice group, joined Mayer Brown LLP as a co-leader of its insurance finance group in New York.

  • April 5, 2012

    Law Firm Asks 2nd Circ. To Weigh In On Nonlawyer Investment

    Law firm Jacoby & Meyers LLP on Thursday appealed a New York federal court's ruling that it cannot take investments from nonlawyers, opening the door for the Second Circuit to weigh in on the controversial issue.

  • April 5, 2012

    Hinshaw Buys Consulting Firm Buckley, Brings In 5 Attys

    Hinshaw & Culbertson LLP has acquired strategy consulting firm The Buckley Cos. LLC and hired five attorneys formerly at Buckley-affiliated law firm Nicolosi & Associates LLC, including former managing partners Paul S. Nicolosi and Gino Galluzzo, Hinshaw announced this week.

  • April 4, 2012

    Dewey Continues To Bleed Partners

    Dewey & LeBoeuf LLP lost another round of partners in its insurance, bankruptcy and patent practices Wednesday, one day after The American Lawyer said it was lowering the firm's reported financial results for 2010 and 2011 in its AmLaw 100 rankings.

  • April 3, 2012

    Dewey Exodus Continues As DLA Piper Snags 4 M&A Pros

    Financially troubled Dewey & LeBoeuf LLP lost two more partners Tuesday, as a group of four transactional attorneys joined DLA Piper's corporate and finance practice as partners in New York.

  • April 2, 2012

    Tenn. Law School Loses Bid To Force ABA Accreditation

    A Tennessee federal judge on Monday refused to reconsider his denial of a preliminary injunction requiring the American Bar Association to grant Lincoln Memorial University's law school provisional accreditation in an antitrust suit against the association.

  • April 2, 2012

    NY Judge Cleared Of Malfeasance, Criticized On Hiring

    The New York State Commission on Judicial Conduct cleared a high-level Empire State appellate judge Monday of allegations he took improper tax credits and created a “no-show” job for a former city politician but denounced his practice of making closed-door hires.

  • April 2, 2012

    Law Firm Mergers Bounce Back To Prerecession Rate: Report

    The pace of law firm mergers has returned to prerecession levels, with 14 law firm mergers and acquisitions announced in the first quarter of 2012, according to an analysis legal consultant Altman Weil Inc. released Monday.

  • March 30, 2012

    Senate Confirms DOJ Inspector General, Tax Head

    After months of delays, the U.S. Senate on Thursday confirmed Fulbright & Jaworski LLP partner Kathryn Keneally and Cadwalader Wickersham & Taft LLP partner Michael E. Horowitz to top positions in the U.S. Department of Justice.

  • March 30, 2012

    Bingham Loses Fight To Arbitrate Ex-Lawyer's Bias Suit

    Bingham McCutchen LLP lost its bid to force a former associate to arbitrate her allegations that she was wrongfully terminated after developing a rare sleep disorder when a California judge ruled Thursday that arbitration provisions in her contract don't apply.

  • March 30, 2012

    In-House Counsel Saw More Work, Pay In 2011, ACC Reports

    Corporations’ use of in-house counsel, as well as the salaries they pay those attorneys, have steadily increased over the past five years as a partial result of recent nationwide economic setbacks, the Association of Corporate Counsel said in a report Thursday.

  • March 30, 2012

    Arent Fox Welcomes Latest Dewey Defector To NY Office

    Arent Fox LLP has brought a former Dewey & LeBouef LLP antitrust attorney to its New York City office, Arent Fox announced Friday, as the reeling Dewey bids farewell to yet another partner.

  • March 28, 2012

    Calif. Courts Pay High Price For Abandoned Computer Project

    The California Judicial Council’s decision Tuesday to shut down a computer project aimed at connecting the state’s 58 trial courts into one system online should prevent more courtroom closures and staff layoffs, though the project's critics say they are calling for an investigation into how it could have cost taxpayers more than $500 million.

  • March 28, 2012

    Latham's Project-Focused Singapore Office Eyes New Space

    Latham & Watkins LLP's Singapore office is looking for more office space and considering new hires to meet a growing demand for project finance and energy work in Australia, India and Indonesia, the firm confirmed Wednesday.

  • March 28, 2012

    NY To Block Attys Facing Review From Fee Dispute Program

    New York court administrators sought comment Wednesday on a plan to block lawyers facing disciplinary action from availing themselves of the state's fee dispute resolution program — a move designed in part to protect the arbitration system's reputation.

  • March 27, 2012

    Dewey Shakes Up Leadership, Refocuses On Key Practices

    Financially troubled Dewey & LeBoeuf LLP is revamping its leadership structure in an effort to improve efficiency and refocus the firm on its profitable litigation, corporate law and bankruptcy practices, two partners at the firm said Tuesday.

  • March 27, 2012

    Ex-Latham Atty To Fill GC Post At Broadband Co. Ubiquiti

    Wireless broadband network company Ubiquiti Networks Inc. has hired former Latham & Watkins LLP attorney Jessica Zhou as general counsel and vice president of legal affairs, according to documents filed Thursday with the U.S. Securities and Exchange Commission.

  • March 27, 2012

    Ex-Hogan Lovells Atty Admits $2M Fraud

    A former Hogan Lovells senior partner and bankruptcy expert pled guilty in the U.K. on Tuesday to obtaining £1.2 million ($1.9 million) in fraudulent travel expenses claims from the firm, which fired him in May after uncovering the theft.

  • March 26, 2012

    NJ High Court Prods State On Judge Benefit Reforms

    New Jersey Supreme Court justices on Monday grilled the state over its contention that sweeping pension and benefit reforms last year didn't violate a constitutional bar on reducing judges' salaries.