With $1.4 billion in liabilities and $42 million in assets, according to court filings, the now-defunct Rothstein Rosenfeldt Adler law firm obviously isn’t doing well in the wake of an…
There may be some tense elevator encounters among attorneys at one Manhattan office building after the announcement of a planned defection of 15 lawyers from Dickstein Shapiro to Kasowitz Benson…
After a senior intellectual property partner at Sonnenschein Nath & Rosenthal announced yesterday that he is leaving the firm immediately to join McDermott Will & Emery, fireworks reportedly erupted.
Lawyers don’t need to be jerks, they shouldn’t tell lawyer jokes, and they need to quickly inform clients when bad things happen. And they should consider keeping a diary to…
The former head of pro bono at Kaye Scholer has been suspended from practice for a year for failing to pay millions of dollars in state and federal taxes for…
A former litigation associate of nearly a decade is poised to file a federal discrimination suit against Fried Frank Harris Shriver & Jacobson, contending that the firm denied her a…
In the latest development in an ongoing investigation of the alleged $1.2 billion Ponzi scheme that disbarred attorney Scott Rothstein is accused of masterminding, federal authorities are now reportedly probing…
If John O’Quinn had been around to defend himself, it’s possible that attorney Terry Scarborough would still be fighting for a settlement on behalf of almost 3,500 clients of the…
Law firms that are cutting associate pay, adopting new training programs and abandoning lockstep compensation could find themselves at a disadvantage when the economy recovers, a legal recruiter says.
Kelley Drye & Warren has joined a growing contingent of BigLaw firms that are abandoning the traditional “lockstep” system of paying associates based on the year in which they graduated…