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Cravath, K&L Gates Win Bid to Reopen Alcoa Bribery Case to Mount Defense
Publication Date: 2011-11-09
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Bahrain Aluminum's bribery case against Alcoa was administratively closed in 2008 to allow the Justice Department to build its own criminal case against the company. But Alcoa's lawyers wanted the opportunity to move to dismiss the civil case on the grounds that Bahrain Aluminum's RICO claims are barred by the Supreme Court's Morrison decision. On Tuesday they won their chance.

Lehman Execs in Three-Year-Old Securities Class Action Ready to Cut $90 Million Deal
Publication Date: 2011-08-25
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Lawyers for various Lehman Brothers directors and officers, including former CEO Richard Fuld, filed papers Wednesday in Lehman's Manhattan federal bankruptcy proceedings seeking the release of $90 million in insurance funds to settle securities fraud claims pending since June 2008.

Shareholders Add Ernst & Young as Defendant in Lehman Securities Class Action
Publication Date: 2010-04-26
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We're beginning to reap the consequences of the sweeping Lehman examiner's report. Plaintiffs in a long-pending securities class action have now filed an amended complaint that adds allegations about Lehman's now-infamous Repo 105 balance sheet asset transfers--and adds Lehman's auditor, Ernst & Young, as a defendant.

Your Sonia Sotomayor Hearings Primer Right Here
Publication Date: 2009-07-10
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Thanks to our colleagues at The National Law Journal, we've got everything you need to know about the upcoming Senate hearings to confirm Sonia Sotomayor's Supreme Court nomination, including the list of individuals scheduled to testify, and a dozen themes that will likely frame the proceedings when they begin on Monday.

May 07, 2007 |

Firms Hunting for Stars Re-Examine Partner Compensation

Although the most profitable law firms don't often lose partners to other firms, there's evidence suggesting that even firms with the highest profits per partner have become more vulnerable to the lateral market. In response, some Am Law 100 firms are deploying high-spread compensation systems specifically designed to reward their most valuable partners with more money than they could earn at the most profitable low-spread firms. Think your firm isn't re-examining its compensation system? Don't be so sure.
10 minute read
July 31, 2008 |

Associates Survey 2008

Smaller firms often outscore larger ones on our annual survey of midlevel job satisfaction. It may be because a more intimate atmosphere breeds happiness. Maybe it's because associates have more responsibility. Perhaps it's because they have a better chance of making partner. In these charts, firms are grouped roughly according to size. In the first category are firms whose annual gross revenues are too low to qualify for the Am Law 200. These are the smallest firms that took part in our survey. In the second category are Am Law Second Hundred firms?numbers 101-200 on the most recent Am Law 200 survey (July.) In the final category are firms that appear on our most recent Am Law 100 (May) or Global 100 (October 2007) survey. For a full methodology, click here.
16 minute read
May 01, 2010 |

Big Deals

AIG Asset Sales; Coca-Cola/Coca-Cola Enterprises; Merck/Millipore
11 minute read
June 07, 2011 |

Legal Outsourcing Wave Comes Ashore to the U.S.

Pangea3, the Indian legal process outsourcer bought by Thomson Reuters last year, opened its first U.S.-based service delivery office in Dallas. It's the latest expansion effort by a major LPO as U.S. and international law firms seek to slash their costs through outsourcing arrangements.
3 minute read
March 07, 2003 |

Two Conferences: Same Time, Different Coasts

3 minute read
AG Capital Funding Partners, L.P. v. State Street Bank and Trust Company
Publication Date: 2004-08-19
Practice Area: Banking | Business Law | Contracts | Creditors and Debtors Rights
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By Buckley, P.J., Tom, Sullivan, Ellerin, Williams, JJ. 3167 AG Capital Funding Partners, L.P. Plaintiffs, v. State Street Bank and Trust Company, Defendant/Third-Pa

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