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October 08, 2008 |

Marketplace

One year after being seized by the bankruptcy court, an upper Manhattan portfolio comprised of 21 residential walk-up buildings has been sold for $54 million to a private investor. Also, online securities firm SecondMarket has announced a new sublease on the 12th floor of 26 Broadway.
3 minute read
May 22, 2008 |

Newsbriefs

4 minute read
March 22, 2007 |

Law Firms' Diversity Goals Could Face Legal Attack

An American Enterprise Institute program last week addressed the latest firestorm over law firm diversity, stemming from research by law professor Richard Sander that posits a credentials gap between minority associates and their white counterparts. Akin Gump partner Michele Roberts gave rebuttal arguments, protesting the idea that minorities in large firms are unqualified for the intense workload. She said: "We pay [associates] too much already. It doesn't make sense to bring in people who can't compete."
5 minute read
November 01, 2006 |

Reverse Commute

2 minute read
January 31, 2006 |

Top Gainers

7 minute read
January 02, 2001 |

Movers & Shakers

Follow lawyers' career moves and law firms' transformations each week with "Movers & Shakers." Proskauer Rose's Mark Barnes was appointed to the National Human Research Protections Advisory Committee by U.S. Health and Human Services Secretary Donna E. Shalala. Philadelphia's Blank Rome Comiskey & McCauley opened an office in Cincinnati. And Akron, Ohio's Buckingham, Doolittle & Burroughs hired three attorneys.
2 minute read
September 15, 2006 |

Hunton & Williams Launches Office in Los Angeles

Richmond, Va.-based Hunton & Williams is launching a Los Angeles office by swallowing the majority of what was formerly trial boutique O'Donnell & Mortimer, a union spurred by shared client Pfizer Inc. "You cannot be a truly national firm unless you have a significant presence in California," said managing partner Walfrido Martinez. "Our hope is to build a strong presence in California, starting in Los Angeles and hopefully moving up the state." The L.A. location is the 850-lawyer firm's 18th office.
3 minute read
October 03, 2006 |

Former Shaw Pittman Partners Press Complaint Against Merged Firm

Last week six former Shaw Pittman partners who left the firm at the time of its merger with Pillsbury Winthrop filed an amended complaint in their lawsuit against the merged entity, claiming the firm owes them millions in unreturned capital contributions and for work they did in the first quarter of 2005. Now partners at Morrison & Foerster, the six have asked a Virginia judge to compel arbitration, citing clauses in the partnership agreement in effect when the partners left the firm.
2 minute read
March 25, 2005 |

Broad Impact Seen in AT&T Calling-Card Ruling

In a decision that could cost AT&T Corp. millions and trigger more litigation in the telecom industry, the FCC has denied a request to waive unpaid fees accrued through prepaid calling-card services. At the crux of the ruling is the FCC's struggle to distinguish between "information services" and "telecommunication services" -- definitions blurred by new Internet technologies. The FCC order set a clear standard, ruling that "enhanced" phone calling cards are no different from regular calling cards.
3 minute read
October 13, 2009 |

Scanning the Future of Google Books

Given the scope, size and audacity of the Google book search deal -- Google stands to emerge as the biggest library and bookseller worldwide -- the controversy isn't a surprise. Lawyers who have studied it find it the most creative use of the class action mechanism they've ever seen.
13 minute read

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