0 results for 'Bryan Cave'
Which Law Firms Top the Layoff List?
Of the top 10 Am Law 100 firms that have laid off the highest percentage of their associates and counsel, the dubious first prize goes to Orrick, Herrington & Sutcliffe. In terms of absolute numbers, the "winner" is Latham & Watkins. But what's surprising about the data is that California and Midwest firms dominated the list. Could they be more business-minded -- perhaps more ruthless -- than Wall Street firms? One consultant warns, "The big boys haven't weighed in yet. Ultimately, you will see layoffs."Given what happened to the Crimson Tide on Saturday in Atlanta, we're guessing many Alabamians would like to erase all memory of that city. But two notorious citizens of the Yellowhammer State--former HealthSouth CEO Richard Scrushy and former Alabama Governor Don Siegelman--are counting on an Atlanta-based appellate panel for salvation. Today three Eleventh Circuit judges in Atlanta will hear an appeal of Scrushy and Siegelman's 2006 bribery convictions, which they claim were based on a slew of prosecutorial missteps and other injustices.
Indicted Ex-KPMG Employees Sue Company for Legal Fees
Sixteen former employees of accounting firm KPMG have sued to compel the company to advance their legal fees and expenses in connection with a federal probe of an illegal tax shelter scheme. The suit, filed in federal court late Monday, follows an invitation last month by Southern District of New York Judge Lewis A. Kaplan, who ruled that prosecutors had violated the defendant employees' Fifth and Sixth Amendment rights by coercing KPMG into capping legal fees for the former employees.D.C. Metro Area's Largest Law Offices
The Legal Times 150 provides a snapshot of the size of the D.C.-area legal community in 2006 by listing the number of lawyers in the largest law offices in the District of Columbia, Northern Virginia, and suburban Maryland.When the government raised antitrust concerns about VeriFone's $485 million deal to buy Hypercom, the parties tried to appease the government by agreeing to sell some of Hypercom's assets. But the DOJ claimed that sale was a sham.
Remember the revolution the Great Recession was supposed to wreak in the relationship between corporations and the law firms that represent them? It's becoming increasingly clear that we skipped right over revolution and went straight to restoration.
Two different federal appellate courts have now been asked to answer a multibillion-dollar question for peddlers of mortgage-backed securities: Can the federal agency unwinding a group of failed credit unions and the conservator of Fannie Mae and Freddie Mac dodge the usual time limits for bringing securities claims?
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