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October 23, 2009 |

Major U.K. Firms Cut Back Profit Payouts Amid Tough Markets

A growing number of U.K. firms are either holding back or reducing partner profit distributions as a result of the recession. Pinsent Masons and DLA Piper have both withheld profit distributions in recent months. Pinsent has withheld its last two quarterly profit distributions, with the firm attributing the "profits distribution holiday" to a series of management responses to the recession. DLA held back its August distribution firmwide and has yet to decide on its next payment, due in November.
3 minute read
February 01, 2012 |

A Scandal They Couldn't Wave Away

News Corp.'s second probe into phone hacking has yielded results very different from those of the first.
4 minute read
August 08, 2006 |

England Poised To Reform Legal Market

A draft bill that is expected to pass next year would allow public ownership of firms. U.S. firms with London operations are trying to assess how the measure would affect the leading U.K. firms that are their competition.
7 minute read
June 09, 2005 |

French Firm to Beef Up Presence in U.S. Markets

Paris-based Gide Loyrette has hired its first two American lawyers to staff its New York office, starting the push into North America's financial markets.
4 minute read
October 23, 2007 |

BBC Says Restructuring Likely to Spare Legal Team

The BBC's 100-strong legal team looks set to escape cuts in the broadcasting giant's controversial restructuring, it was stated Friday. The corporation had issued a statement on Thursday that it expected to shed 75 jobs from its professional services arm, which includes the legal team. However, a BBC spokesman on Friday said that it was unlikely that the corporation's legal staff would be affected by the restructuring. He added: "The legal team is not anticipating any changes."
2 minute read
January 07, 2005 |

Law Firms Raise $800,000 So Far to Aid South Asians

New York lawyers are making sizable contributions to the worldwide tsunami disaster relief effort.
3 minute read
April 28, 2004 |

Larry Ellison's War Means Pricey Work for Elite Law Firms

Fending off Larry Ellison is not easy. Or cheap. PeopleSoft Inc. has disclosed that the cost of defending itself against Oracle Corp.'s hostile takeover bid for the first three months of the year was $12.8 million -- $55 million to date. A good part of the expenditure is flowing to elite law firms -- which doesn't surprise legal consultant Peter Zeughauser, who says that in a bet-the-company case like this, you want the best legal team money can buy.
3 minute read
Stanfield Offshore Leveraged Assets, Ltd. v Metropolitan Life Ins. Co.
Publication Date: 2009-07-21
Practice Area:
Industry:
Court: Appellate Division, 1st Dept
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Attorneys:
For plaintiff:
For defendant:
Case number: 4609 4609A 4609B

Mazzarelli, J.P., Buckley, McGuire, DeGrasse, JJ. 4609-4609A-4609B Index 601410/07 Stanfield Offshore Leveraged Assets, Ltd., et al., Plaintiffs-Appellants, v

October 01, 2009 |

National Rankings: Season of Uncertainty

23 minute read
March 03, 2006 |

Atlanta Firms Slow Flow of M&A Deals to New York

It used to be that an Atlanta company preparing for a big deal would shun its local counsel for a Manhattan law firm. Now, mergers and acquisitions practices at Atlanta firms routinely handle multibillion-dollar transactions. Case in point: Smith, Gambrell & Russell partner Robert Paller, who represented AirTran Airways when the discount airline raised $4.5 billion to buy 114 planes from Boeing. The rise of Atlanta firms comes as the national value of M&A deals rose to $1.1 trillion last year.
5 minute read

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