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November 15, 2010 |

Toyota's Nightmare, Part V: 'Now I'm Ashamed'

5 minute read
May 12, 2006 |

Judge: Evidence Shows Government Influenced KPMG's Defense Fees Policy

New York federal Judge Lewis Kaplan had some strong words for a prosecutor on Wednesday as he wrapped up a hearing on whether the government coerced KPMG into threatening to cut off legal fees for employees and partners who refused to cooperate with an investigation into allegedly illegal tax shelters. Kaplan indicated that he did not believe that KPMG capped or cut off legal fees to non-cooperators on its own and that the evidence showed the government used a whiphand to influence policy at the firm.
6 minute read
May 12, 2006 |

Judge: Evidence Shows Government Influenced KPMG's Defense Fees Policy

New York federal Judge Lewis Kaplan had some strong words for a prosecutor on Wednesday as he wrapped up a hearing on whether the government coerced KPMG into threatening to cut off legal fees for employees and partners who refused to cooperate with an investigation into allegedly illegal tax shelters. Kaplan indicated that he did not believe that KPMG capped or cut off legal fees to non-cooperators on its own and that the evidence showed the government used a whiphand to influence policy at the firm.
6 minute read
October 05, 2010 |

News In Brief

7 minute read
July 06, 2006 |

KPMG Decision Spurs Thompson Memo Critics

Last week, a federal judge held that prosecutors had crossed a constitutional line by pressuring the embattled accounting firm KPMG into cutting off legal fees for former employees who declined to cooperate with the government. Now, defense attorneys hope to use that decision as leverage to change another memo provision that encourages companies under investigation to waive their attorney-client privilege.
6 minute read
May 02, 2002 |

A Prelude to Enron?

For 2 1/2 years, Mayer, Brown, Rowe & Maw has had an Enron problem lurking in Oklahoma. And a federal judge recently refused to make it go away. The problem -- a snarl of litigation that involves allegations of fraud -- arises from work the Chicago-based firm handled as primary outside counsel for Commercial Financial Services Inc., a formerly high-flying, and now defunct, client.
5 minute read
September 12, 2006 |

Law Firms See an Array of Fates After Sept. 11

In the five years since the terrorist attacks on the World Trade Center, all sizes of law firms in New York have been picking themselves back up. Some law firms have returned to the downtown area, but many others have opted to start over in areas less scarred. Some, such as immigration solo H. Taufiq Choudhury, have faced bureaucratic red tape in re-establishing their practices, while others were able to return due to relatively low market rates and through federal and local incentive programs.
5 minute read
May 07, 2003 |

Law Firms' Shallow Pockets Frustrate Plaintiffs

As the nation's major law firms wrestle with how to avoid massive liability in the post-Enron world, they can take some comfort in the thought that the lawyers suing them are not entirely thrilled at the prospect either. That's because compared with corporations or accounting firms, supposedly deep-pocketed law firms are frustratingly small potatoes.
7 minute read
December 01, 2010 |

Their Worst Nightmare

It began as an employment ­dispute with a former in-house lawyer. Now Toyota ­wonders where it will end.
19 minute read

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