Sign In / Register
Sign In
Job of the Week
Search-
-
LegalWeek
POWERED BY LAW.COM -
- LegalWeek Home
- Law.com
- Publications
- Law Topics
- International
- Surveys & Rankings
- Law Firms
- Legal Ladder
- Lean Adviser
- Events
- Jobs
- All Sections
- About Us
- Contact Us
- All Sections
- Advertise
- Customer Care
- Terms of Service
- FAQ
- Modern Slavery Statement
- Privacy Policy
- Follow LegalWeek
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
Analysis
In-House Lawyer: On a Qwest for improvement
Richard Baer, Qwest Communications International's general counsel, stood before two-dozen of what he calls a 'murderers' row' of plaintiffs attorneys from firms such as Entwistle & Cappucci, Berger & Montague and Cotchett Pitre & McCarthy. Their clients were angry investors suing to recoup more than $40bn (£20.3bn) after a multibillion-dollar accounting scandal wracked the Denver-based telephone company in 2001. Its stock value had plummeted, and, in June 2002, then chief executive Joseph Nacchio resigned amid rumours of fraud and insider trading. Baer says his department, not outside counsel, had to take primary responsibility for handling the difficult, often tense negotiations with investors. The company's survival and the livelihoods of too many people depended on the outcome - people who had nothing to do with Nacchio's alleged deeds. "It was very important that plaintiffs lawyers understood that the company is made up of people, good people," Baer says. "We tried to humanise the company as best we could."
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651
Dig Deeper
Trending Stories
-
Recommended Stories
Fieldfisher rules out IPO in short term
Decision increases pressure on DWF float to test investor appetite for law firms
Key reasons emerge for Ince collapse as debate rages on
Administrator's report reveals what rendered the company insolvent but raises fresh questions from former partners
DWF swoops in as Brexit throws airline into administration
The company is one of the latest to enter administration.
Think Lean Daily Message
"There are 15 components borrowed from manufacturing, made relevant for law, that is part of this critical tool in the Lean Law Program tool ..."
More from ALM
-
Elite Global Firm | General Banking | 2-5 PQE | Singapore
Singapore, Singapore
Our client has a vacancy in their Singapore team for a mid level lawyer with sound General Banking and Finance background w...
Apply Now › -
Global Firm | Equity & Debt Capital Markets | 2-4 PQE | Hong Kong
Hong Kong, Hong Kong
Magic circle firm with unparalleled international experience of structuring and executing the largest, most innovative and most compl...
Apply Now › -
Real Estate Solicitor
Birmingham, England, United Kingdom
Our client is a leading UK law firm looking for an experienced candidate to join their highly-regarded and supportive team based in Bir...
Apply Now ›
-
The Art and Science of Defensible Deletion
From Epiq
Deleting unneeded legacy data can produce long-term cost, time and efficiency benefits for any organisation. Discover how to leverage defensible deletion to improve your business operations today.
-
From Data to Decisions
Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.
-
Exclusive Depth and Reach.
Legal Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.
-
Big Pictures and Fine Details
Legal Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.
-
-
Trust & Estates Litigation Forum 2019
March 07, 2019 - March 09, 2019
GironaAnnual forum for the world's leading trust and estate litigators.
-
Asia Legal Awards 2019
March 21, 2019
Hong KongWhere the region's top lawyers, law firms, and in-house teams gather to celebrate their most stellar achievements of the year.
-
Global Independent Law Firms Forum 2019
March 27, 2019 - March 28, 2019
LondonConference for leaders of independent law firms from around the world, chaired by Charles Martin, Macfarlanes' senior partner.
-
webseminar
2018 eDiscovery Key Case Law Review
Sponsored by: Epiq | October 29, 2018
Stay abreast of ever changing case law in eDiscovery by saving your spot at this webcast that reviews the most impactful case decisions from 2018 so far.
-
webseminar
Why Mediations Fail & How to Achieve Better Results
Sponsored by: NAM (National Arbitration and Mediation) | August 28, 2018
[ON-DEMAND] Join this discussion to learn how investing a modest amount of time in advance of a mediation session can reduce the potential for an impasse, and ultimately save time and money.
-
webseminar
Critical Marketing Skill: How to Manage, Generate & Improve Law Firm Online Reviews
Sponsored By: LexisNexis | July 18, 2018
[ON-DEMAND] Join Matt Starosciak - attorney, consultant and author of The Lawyer Marketing Book - as he outlines the importance, process, and specific challenges associated with managing a law firm's online reputation.
Legal Week Newsletters & Alerts
Sign Up Today and Never Miss Another Story.
As part of your subscription, you can sign up for an unlimited number of a wide range of complimentary newsletters and alerts. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.
Follow Us
Publications
Law Topics
Rankings
More
Copyright © 2019 American Lawyer Media International, LLC. All Rights Reserved.
