ABA Journal

Latest Features

Pooling Practices

Law firms are creating task forces to meet demands of a fast-developing crisis



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14,307 Lawyers Predict the Future



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'We had to talk to the debtors to get smart'

Dennis Dunne, partner at Milbank, Tweed, Hadley & McCloy



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'Every day was totally pressure-filled, client-filled. There was no break.'

H. Rodgin Cohen, chairman of Sullivan & Cromwell



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'I need to advise them to fall behind on their payments, and that's ludicrous to me.'

Arnettia Wright, sole practitioner, Wright Law Group



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'You can't calm directors by telling them it's all going to be OK.'

Robert Joffe, partner at Cravath, Swaine & Moore



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'The best time to get divorced for the moneyed spouse is when everything has gone to the devil.'

Eleanor Breitel Alter, partner with Kasowitz Benson Torres & Friedman



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'All of these state regulators are involved; the press is waiting outside. The stakes are high.'

Angela Angelakos, enforcement attorney, Office of the Illinois Secretary of State, Securities Department



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Double-Edged Rules

Proposed accounting changes alarm corporate counsel



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A Debt-Defying Act

Courts say part of embattled bankruptcy law violates First Amendment



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