• May 27, 2021 | Law.com

    How Lawyers Will Fill the (Billable) Hours

    Billable hours are no doubt an effective way to measure how busy a lawyer is, and, if your revenue comes mainly from billing hours, to measure a person's contribution to the firm's top line. But some firms are increasingly looking for other ways to quantify the work they do for clients.

    8 minute read

  • May 25, 2021 | Legaltech News

    NetDocuments Announces Investment From New Equity Partner Warburg Pincus

    Private equity firm Warburg Pincus acquired Clearlake Capital Group's equity stake in NetDocuments for an undisclosed sum.

    2 minute read

  • May 20, 2021 | The American Lawyer

    Chicago's Second Hundred Firms Lagged Behind Peers Nationally

    From Hinshaw to Schiff Hardin, most Chicago firms in the Second Hundred saw declines in gross revenue.

    1 minute read

  • May 18, 2021 | The American Lawyer

    As Clients Search for Alternatives, AFAs Are Growing in Prominence

    Gains have been slow but steady, as alternative fee arrangements continue to make up a growing portion of revenue among the Am Law 200.

    8 minute read

  • Fund Liquidation Holdings LLC v. Bank of America Corp.

    Publication Date: 2021-03-25
    Practice Area: Civil Procedure | White Collar Crime
    Industry: Financial Services and Banking
    Court: U.S. Court of Appeals for the Second Circuit
    Judge: Circuit Judge Richard Sullivan
    Attorneys: For plaintiff: For Plaintiffs-Appellants Fund Liquidation Holdings LLC and Sonterra Capital Master Fund, Ltd.: Vincent Briganti, Margaret MacLean, Lowey Dannenberg, P.C., White Plains, NY, on the brief, Eric F. Citron, Goldstein & Russell, P.C., Bethesda, MD. For Defendants-Appellees Credit Suisse Group AG, Credit Suisse AG, and Credit Suisse International: Herbert S. Washer, Elai Katz, Jason M. Hall, Lauren Perlgut, Adam S. Mintz, on the brief, Joel Kurtzberg, Cahill Gordon & Reindel LLP, New York, NY. For Defendants-Appellees Bank of America Corporation and Bank of America, N.A.: Arthur J. Burke, Paul S. Mishkin, Adam G. Mehes, Davis Polk & Wardwell LLP, New York, NY. For Defendants-Appellees Australia and New Zealand Banking Group Limited and ANZ Securities, Inc.: Penny Shane, Corey Omer, Sullivan & Cromwell LLP, New York, NY. For Defendant-Appellee The Bank of Tokyo-Mitsubishi UFJ, Ltd., n/k/a MUFG Bank, Ltd.: Christopher M. Viapiano, Elizabeth A. Cassady, Sullivan & Cromwell LLP, Washington, DC. For Defendants-Appellees Barclays PLC, Barclays Bank PLC, and Barclays Capital Inc.: Jonathan D. Schiller, Christopher Emmanuel Duffy, Leigh M. Nathanson, Boies Schiller Flexner LLP, New York, NY.
    for defendant: For Defendants-Appellees BNP Paribas, S.A., BNP Paribas North America, Inc., BNP Paribas Securities Corp., and BNP Paribas Prime Brokerage, Inc.: Jayant W. Tambe, Stephen J. Obie, Kelly A. Carrero, Jones Day, New York, NY. For Defendant-Appellee Commerzbank AG: David R. Gelfand, Mark D. Villaverde, Milbank LLP, New York, NY. For Defendants-Appellees Crédit Agricole Corporate and Investment Bank and Crédit Agricole S.A.: Andrew Hammon, Kimberly Anne Havlin, White & Case LLP, New York, NY; Darryl S. Lew, White & Case LLP, Washington, DC. For Defendants-Appellees DBS Bank Ltd., DBS Group Holdings Ltd., and DBS Vickers Securities (USA) Inc.: Erica S. Weisgerber, Debevoise & Plimpton LLP, New York, NY. For Defendant-Appellee Deutsche Bank AG: Aidan Synnott, Hallie S. Goldblatt, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY. For Defendants-Appellees Macquarie Bank Ltd. and Macquarie Group Ltd.: Christopher M. Paparella, Steptoe & Johnson LLP, New York, NY. For Defendant-Appellee Oversea-Chinese Banking Corporation Limited: C. Fairley Spillman, Pratik A. Shah, Akin Gump Strauss Hauer & Feld LLP, Washington, DC. For Defendants-Appellees The Royal Bank of Scotland plc, The Royal Bank of Scotland Group plc, and RBS Securities Japan Limited: David S. Lesser, Jamie S. Dycus, Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY. For Defendants-Appellees Standard Chartered Bank and Standard Chartered plc: Marc J. Gottridge, Lisa J. Fried, Benjamin A. Fleming, Hogan Lovells US LLP, New York, NY. For Defendants-Appellees United Overseas Bank Limited and UOB Global Capital, LLC: Dale C. Christensen, Jr., Noah Czarny, Seward & Kissel LLP, New York, NY. For Defendants-Appellees The Hongkong and Shanghai Banking Corporation Limited, HSBC Bank USA, N.A., HSBC Holdings plc, HSBC North America Holdings Inc., and HSBC USA Inc.: Nowell D. Bamberger, Cleary Gottlieb Steen & Hamilton LLP, Washington, DC; Charity E. Lee, Cleary Gottlieb Steen & Hamilton LLP, New York, NY. For Defendants-Appellees UBS AG and UBS Securities Japan Co., Ltd.: Mark A. Kirsch, Eric J. Stock, Jefferson E. Bell, Gibson, Dunn & Crutcher LLP, New York, NY. For Defendants-Appellees ING Groep N.V., ING Bank N.V., and ING Capital Markets LLC.: Amanda F. Davidoff, Sullivan & Cromwell LLP, Washington, DC.

    Case Number: 19-2719-cv

    Real Party in Interest Had Article III Standing at All Times, Could Enter Entities' Shoes

  • Appellate Division, First Department:January 26, 2021

    Publication Date: 2021-01-28
    Practice Area: Civil Appeals | Criminal Appeals
    Industry:
    Court: Appellate Division, First Department, Appeals & Motions
    Judge: Unsigned
    Attorneys: For plaintiff:
    for defendant:

    Case Number: DOCKET

    Appellate Division, First Department:January 26, 2021

  • November 12, 2020 | Legaltech News

    Why Australia's Gilbert + Tobin Sold Off Its Own Legal Software

    The law firm sold its verification tool to U.S. legal software provider Litera for an undisclosed sum.

    1 minute read

  • October 21, 2020 | The American Lawyer

    Multibillion-Dollar High Tech, Energy Deals Add to Resurgence of M&A in Q4

    The deals highlight two early-week, multibillion-dollar deals in the high tech and energy sectors as M&A work continues to grow in the latter part of the year, hoping to course-correct a rocky spring.

    1 minute read

  • In re: LTC Holdings, Inc.

    Publication Date: 2020-09-30
    Practice Area: Bankruptcy
    Industry: Construction | Federal Government | Insurance
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Scott G. Wilcox, Moore and Rutt, P.A., Wilmington, DE; Andrew S. Kent, Chiesa Shahinian & Giantomasi P.C., West Orange, NJ for appellant.
    for defendant: Richard M. Beck, Klehr Harrison Harvey Branzburg, LLP, Wilmington, DE; David T.B. Audley, Matthew T. Benz, Chapman and Cutler LLP, Chicago, IL for appellee.

    Case Number: D69136

    Surety's partial subrogation rights were extinguished by creditor's release and waiver of claim where surety had not yet completed full performance under its bond at the time of release and thus had its subrogation rights subordinated to the creditor.

  • September 8, 2020 | The American Lawyer

    At Working Mother's Top Firms for Women, Female Equity Partner Gains Were Slight

    Flexible work schedules were prominent among the winners: 39% of the female lawyers at these firms worked remotely in some capacity in 2019.

    1 minute read

  • July 8, 2020 | Legaltech News

    Competition Where? ALSPs Are Baked Into Law Firms' New Offerings

    On the surface, more law firms offering advanced data analysis and consulting services are invading the alternative legal service provider (ALSP) market. However, firms are powering these endeavors with ALSPs' technology and resources.

    1 minute read