0 results for 'Proskauer'
Akin Gump, Orrick Explore Merger Possibility
Orrick, Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld confirmed Tuesday that they are engaged in "preliminary discussions" about the possibility of combining, potentially reshaping the legal landscape by creating a more than 1,800-lawyer firm with revenues of more than $1.5 billion. News of the potential deal comes amid renewed interest in mergers among the United States' law firms, with activity picking up after a drop-off in the recession.Recession Strikes Harder at Top 40 Second-Tier Firms
Just as New Jersey's Top 20 firms took it on the chin last year, their colleagues in the next tier felt the effects of the Great Recession — and worse so. The second-tier firms showed a 9.6 percent drop in gross revenues.Ex-Associate's Suit Proceeds Against Labaton Over Origination Fees
A former Labaton Sucharow associate can pursue nearly $12 million in legal fees he claims his ex-employer owes him for his role in bringing in New Mexico's pension funds as clients, a New York state judge has ruled. Although the judge dismissed a series of claims brought by Jon Adams against Labaton, she left in place Adams' claim that the firm breached an agreement by not giving him a share of multimillion-dollar fee awards stemming from securities settlements with HealthSouth Corp., St. Paul Travelers and other cases.Star Turn for Some Hollywood Newcomers
When Summit Entertainment needed an attorney to help promote its new vampire movie, "The Twilight Saga: New Moon," general counsel David Friedman turned to an old colleague from his former Paramount Pictures job. That lawyer, Nancy Derwin-Weiss, had moved to Wildman, Harrold, Allen & Dixon and helped it break through the barriers that have frustrated more than one East Coast firm's ambition to go Hollywood. And at least three other firms from outside California are using similar tactics to get into entertainment law.Catch an Employee in a Lie to Reduce Wrongful Termination Damages
When an employee sues your company for wrongful termination, how does it help to learn that the employee has lied in the past? Well, it may help limit the damages that the employee can receive. The United States Supreme Court has ruled that post-litigation discovery of information concerning a former employee's on-the-job misconduct may be used to prevent the employee's reinstatement and to cap the time period used to calculate back pay damages. And co-workers' opinions may even be relevant.At the Justice Department, Mendelsohn pushed to make Foreign Corrupt Practices Act cases a priority. In so doing, he generating a boom in demand for FCPA defense lawyers. Now he--and his new firm--are poised to benefit from his entry into the market he created.
Finding Counsel for Noncitizens
Judge Robert A. Katzmann, on the occasion of being honored with the Federal Bar Council's Learned Hand Award, told his audience: "This evening I speak to you about what we, together, bench and bar, can do to help meet an urgent, pressing need - the need for adequate representation for a vulnerable population of human beings - immigrants. Immigrants often come to this country in fear, fleeing from persecution, escaping from poverty, not knowing the language, not knowing to whom to turn for competent legal advice, all the while working to make a better life."Creating a Culture of Compliance
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