Kasowitz Hid Plummeting Profits From Ex-Partner, Suit Says

By Andrea Keckley

A former Kasowitz LLP partner has accused the firm and its founder, renowned litigator Marc Kasowitz, of misrepresenting its finances and failing to pay him the millions he is owed in a lawsuit in New York state court, alleging the firm's profits have plummeted due to poor management.

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Bonus Spotlight

Susman Godfrey Bests Market With Bonuses Of Up To $280K

By Andrea Keckley

Susman Godfrey LLP announced on Tuesday that it is topping New York's bonus scale with payouts that range from a median of $120,000 for first-year associates to a median of $280,000 for the most senior associates.

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Willkie Adds Another Kirkland Restructuring Pro In New York

By Christine DeRosa

Willkie Farr & Gallagher LLP has added another restructuring attorney from Kirkland & Ellis LLP after recently welcoming a Kirkland attorney as chair of its restructuring group.

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Levona Says New Docs Show Reed Smith Lied In $102M Feud

By Emily Sawicki

Levona Holdings Ltd. is pressing a Manhattan federal court to vacate what it calls a fraudulent $102 million arbitral award issued to international shipping company Eletson, arguing that new documents released under the crime-fraud exception show that the company and its prior attorneys at Reed Smith LLP lied during the arbitration.

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Legal Sector Jobs Held Steady During Gov't Shutdown

By Tracey Read

The number of U.S. legal industry jobs remained level in November after inching up just 300 positions in October from the previous month, according to preliminary data released Tuesday by the U.S. Bureau of Labor Statistics.

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DOJ Says NY Court Can't Handle Maurene Comey Firing Suit

By Adrian Cruz

The U.S. Department of Justice has said former prosecutor Maurene Comey's suit challenging the circumstances of her firing should be dismissed, arguing that it is an attempt to sidestep the Civil Service Reform Act.

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Sullivan & Cromwell Starts Digital Infrastructure Practice

By James Mills

Sullivan & Cromwell LLP has formed a digital infrastructure practice group aimed at advising on large and impactful transactions in digital infrastructure, the firm announced Monday.

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Marshall Dennehey Elevates 16 Attys To Shareholder

By James Boyle

More than a dozen attorneys at Marshall Dennehey have been selected for promotions to shareholder status at the start of the new year, an increase from last year's elevations.

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What GCs Value Most: 7 Ways To Earn Clients' Trust

Trust is the foundation of any great client relationship, but it isn’t built overnight or maintained passively — rather, counsel must consistently show up in small but important ways to become the trusted partner clients rely on when judgment matters most, says Andrew Dick at The L Suite.

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