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April 2010

April 30, 2010 6:05 PM

THE AM LAW 100 2010: Revenue Per Lawyer Falls Again

The downward trend continued for Am Law 100 firms in 2009 as more than half posted drops in revenue per lawyer--what we consider the most telling economic indicator.

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04/30/10 Posted by Ed Shanahan

For Manatt, New Twist in Extradition Controversy

A Jamaican cabinet minister--who is also a leading member of the country's ruling political party--insists it was the party, not the government, that hired Manatt, Phelps & Phillips to lobby U.S. officials in connection with a high-profile extradition dispute between the two countries. Not true, says the firm.

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04/30/10 Posted by Brian Baxter

Life Beyond Big Law

Unbillable Hours is the true story of a big-firm lawyer's fight to free an innocent man. In the end, the case became author Ian Graham's "personal salvation." Cooley Godward partner Michael Stern reviews the book.

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04/30/10 Posted by Ed Shanahan

A (Small) Victory for "Catcher" Sequel?

Are you dying to read a fictionalized account of J.D. Salinger attempting to destroy Holden Caulfield? Well, you might get your chance. (But probably not.)

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04/30/10 Posted by Zach Lowe

Former Lehman In-House Lawyer: Fuld Fudged Compensation

Oliver Budde, a former associate general counsel at Lehman Brothers, claims that the former CEO for the bankrupt financial services firm underreported his pay by at least $200 million, according to a story in the current issue of Bloomberg Businessweek.

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04/30/10 Posted by Brian Baxter

Two New Headaches for Goldman

One new criminal inquiry; one civil case allowed to proceed. It has been quite a week for Goldman Sachs.

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04/30/10 Posted by Zach Lowe

April 29, 2010 7:02 PM

Lenders Win Battle for Philly Newspapers

Lawyers stayed up all night as a 36-hour bankruptcy auction in the New York offices of Proskauer Rose concluded with creditors taking control of Philadelphia's two major newspapers.

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04/29/10 Posted by Brian Baxter

Harvey Miller, Lehman's Main Lawyer, Helping Barclays?

The Weil partner, Lehman's lead bankruptcy counsel, has, in his own view, helped the remnants of the company survive a near-collapse. But is his testimony helping Barclays in its case against Lehman's estate?

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04/29/10 Posted by Zach Lowe

Bankruptcy Rollercoaster Over: Six Flags Headed for Chapter 11 Exit

Warring bondholders and their lawyers from Akin Gump, Blank Rome, and White & Case reached a $470 million deal, allowing the second-largest amusement park operator in the world to emerge from bankruptcy just in time for summer.

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04/29/10 Posted by Brian Baxter

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