Sullivan & Cromwell has sought about $200 million as debtor’s counsel in the bankruptcy of cryptocurrency exchange FTX based on more than 168,000 hours clocked by lawyers and staffers.
A majority of surveyed legal professionals are satisfied with their law firms’ attendance policies, a “rather shocking turnaround” from discussions about the issue immediately following the COVID-19 pandemic, according to a report by the Thomson Reuters Institute.
Fox Rothschild no longer has a mandatory retirement age of 72. But the law firm nonetheless discriminates against older equity partners, a lawsuit alleges, by demoting them, transitioning their role as billing attorney to younger partners, and making them sign renewable one-year contracts.
A Baker McKenzie tax partner has dropped his lawsuit seeking documents from the Internal Revenue Service about its tougher policies for auditing partnerships.
Top partners at Simpson Thacher & Bartlett are expected to earn more than $20 million this year after the law firm adjusted its compensation structure.
An emergency slide that detached from a Boeing 767 plane on Friday washed up on the beach near the New York home of a lawyer whose law firm has sued the aerospace company.
Hackers posing as a client persuaded law firm Clark Hill to send $1.1 million from a lawsuit settlement to the wrong bank account, according to an April 22 suit.
Neither Boies Schiller Flexner nor the lawyers representing its legal opponents are entitled to sanctions in a sex-trafficking case, a federal judge in New York City has ruled.
Updated: A motion for sanctions filed against two Boies Schiller Flexner leaders was “filed with the improper purpose of threatening, harassing and intimidating” the lawyers and the sex-trafficking plaintiffs they represent, according to an April 19 motion filed by the lawyers.
Alex Spiro, a partner with Quinn Emanuel Urquhart & Sullivan, may have given some responses that "were pointed at times" during a deposition of his client Tesla CEO Elon Musk. But it was in response to the opposing lawyer’s "insults, shouting, interruptions and violations" of a court order, according to the law firm’s opposition to a sanctions motion.
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