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New York Law Journal

Panel Rejects Firm's Motion to Dismiss Bank's Suit

The First Department rejected arguments by Tonino Sacco and Elias Fillas, partners in 29-lawyer Sacco & Fillas, that Credit Suisse did not have standing to sue for damages caused when a Sacco & Fillas lawyer, who later pleaded guilty to mortgage fraud, allegedly closed a transaction using forged documents, and stole a portion of the loan proceeds.
8 minute read

The American Lawyer

Firms Offer More Parental Leave, But Will Associates Take It?

Law firms are in an arms race over who can offer the best paternal leave policies, but at some firms, fathers aren't taking all the time offered.
23 minute read

The American Lawyer

Associates, Want To Reduce Your Student Loans? Read This.

Firms are helping young lawyers refinance student debt. Will other companies follow?
3 minute read

National Law Journal

Sotomayor's Embrace of Mandatory Pro Bono Garners Praise and Pushback

U.S. Supreme Court Justice Sonia Sotomayor is winning praise for re-energizing the movement toward mandatory pro bono for lawyers with her recent remarks on the subject, but some advocates in Big Law think the requirement poses significant challenges and won't work for everyone.
16 minute read

Legaltech News

An Ocean of Work, but Not an Associate to Be Found: Can Analytics Help?

New software solution Salladore attempts to tackle assignment workflow inefficiencies through analytics.
6 minute read

Law.com

Too Many Lawyers? Report Faults Firms for Resisting Layoffs

"Widespread overcapacity" is hindering profitability at more than two-thirds of large firms, according to new survey by Altman Weil that cites underworked nonequity partners as a big part of the problem.
5 minute read

The American Lawyer

As Supply of Law Grads Drops, More Struggle to Find Work

With fewer people finishing law school each year, a greater proportion of them should be finding work. Instead, even nonlaw jobs are declining for recent grads.
10 minute read

Daily Report Online

Atlanta Investment Advisers Battling SEC Sue New York Law Firm for Malpractice

An Atlanta investment advisory firm under investigation by federal authorities for its work on behalf of a number of Georgia-based public pension plans is suing a New York law firm for $12 million over claims of legal malpractice.
17 minute read

The American Lawyer

GCs Spend More on Diverse Legal Teams, Survey Finds

Acritas Research found that clients paid more to outside counsel teams that they rated as diverse, and general counsel were more likely to recommend diverse teams to other potential clients.
8 minute read

The American Lawyer

Ex-Bryan Cave Associate Gets Probation After Death Threat

Ryan Walsh, a former Bryan Cave litigation associate who pleaded guilty in February to charges of threatening to kill a partner back in 2013, was sentenced to three years' probation Tuesday by a federal judge in St. Louis.
16 minute read

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