By Greg Andrews | July 10, 2023
"Wachtell exploited a corporate client left unprotected by lame-duck fiduciaries who had lost their motivation to act in Twitter's best interest," Twitter's lawsuit alleges.
By Dan Roe | July 7, 2023
A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
The American Lawyer | Analysis
By Justin Henry | July 5, 2023
Kirkland and Am Law 50 peers K&L Gates and Proskauer Rose are among the latest victims of a sweeping cyber breach. "It proves that nobody is immune," said Zach Olsen, president of communications firm Infinite Global.
The American Lawyer | Analysis
By Andrew Maloney | Hugo Guzman | July 3, 2023
The pandemic may have accelerated the trend of companies winnowing down their lists of preferred providers.
By Justin Henry | June 30, 2023
The firms join a growing list of global institutions, including banks, universities and corporations, whose data was reportedly accessed by a hacking group known as CL0P.
By Justin Henry | June 27, 2023
Los Angeles County said it would cease sending work to the firm after years of outsourcing cases to it. Other clients have quietly been moving work to the firm now known as Daugherty Lordan even before Lewis Brisbois released derogatory emails previously sent by the new firm's founders.
The American Lawyer | Commentary
By Hugh A. Simons | June 26, 2023
Demand fell last year for the Am Law 100, was flat for the Am Law second hundred, and grew for midsize firms. But data and history suggest this isn't the Second Hundred eating the 100's lunch.
By Andrew Maloney | June 23, 2023
Law firm collections are "slower relative to what we've seen the last couple of years," said Jeffrey Lowe, of Major, Lindsey & Africa.
By Trudy Knockless | June 22, 2023
"One of the reasons you go to outside counsel is that they have perspective from many sides and in many different industries and practices. But that doesn't mean they get this particular company as well as the in-house team does," said Susan Hackett, CEO of Legal Executive Leadership.
By Dan Packel | June 14, 2023
While 65% of respondents to a new Thompson Hine survey say they have seen either "a lot" or "some" innovation from their law firms, that figure is up only 5% in the last three years.
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/