Britain scraps forced retirement age at 65
Companies will no longer be able to force staff to retire at 65, Britain's government said on Thursday in a move to boost the number of older people staying on at work as the population ages.
U.S. may challenge Google's ITA deal: source
U.S. regulators are putting together a possible antitrust challenge to Google Inc's planned $700 million acquisition of airline ticketing software company ITA Software, sources knowledgeable about the deal said on Thursday.
Federal judge allows class action lawsuit against law firm accused of 'sewer service'
A federal judge in New York has okayed a class action lawsuit that accuses Leucadia National Corp., a financial services firm, the debt-collection law firm Mel S. Harris & Associates, and a Brooklyn-based process serving agency Samserv Inc., of a racketeering scheme that allowed them to fraudulently secure default judgments in New York courts against unwitting consumers around the country.
Law firms eye emerging markets for growth in 2011
With the U.S. market promising little growth in 2011, law firms are looking at emerging markets in Asia and South America for spurring their expansion.
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Does driverless car mean road safety?
Google has recently created a lot of buzz over the computer-driven cars, which it has been testing on the West Coast. But, does driverless car mean road safety? Carty Law PA looks into legal complexities.
Ex-William Morris CEO Wiatt sues law firm, former partner for helping Starr execute Ponzi scheme
A former head of a talent agency has sued Jonathan Bristol, a former law firm partner of Winston & Strawn LLP, and the law firm, and is holding them accountable for the $2 million allegedly misappropriated from his investment account.
Former law firm partner charged with helping Starr operate Ponzi scheme
The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.
Clifford Chance joins bonus bandwagon, some top Cravath scale
Top-tier law firm Clifford Chance has joined the bonus bandwagon by announcing bonuses that matches the levels of Cravath Swaine & Moore even as some law firms like Cahill Gordon & Reindel and Susman Godfrey have announced fatter payouts.
Lawyer, estranged husband found shot dead, murder-suicide suspected
A Texas lawyer and her estranged husband were found dead on a property they own near Canyon Lake in an apparent murder-suicide incident, investigators claim.
Howrey loses top lawyers to Sidley Austin
Howrey's litigation practice co-chair Gary Bendinger has defected with two other partners to Sidley Austin.
Lawyer charged in investment scam
The lawyer for indicted former financial adviser Kenneth Starr was himself charged today for assisting in Starr's multi-million dollar fraud, the Securities and Exchange Commission said.
Legal sector struggling, reports suggest
A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.
Law firms' year-end bonuses come with strings attached
The much-hyped year-end bonuses offered by Cravath Swaine & Moore and other U.S. law firms are not all that great as they come with conditions attached.
Penn. law firm accused of using non-lawyers to review, sign foreclosures
A Pennsylvania-based law firm has been sued for using non-lawyers to review, sign and file foreclosures that caused people to lose their homes.
Cleary to launch Hong Kong practice, hires Norton Rose's Freeman Chan
International law firm Cleary Gottlieb Steen & Hamilton plans to launch Hong Kong practice and wants Norton Rose's China corporate finance head Freeman Chan to lead the new team.
Clifford Chance forays into Turkey
Global law firm Clifford Chance plans to foray into the dynamic Turkish market and expand across South Eastern Europe by opening an office in Istanbul.
Chadbourne elects Giaccia as new managing partner
Global law firm Chadbourne & Parke has elected Andrew A. Giaccia as its new managing partner.
Disbarred lawyer forges court documents, jailed for contempt
A lawyer, who did not tell his clients that he has been disbarred from practicing and committed fraud on them by forging court documents, has been jailed for criminal contempt.
Clifford Chance denies discrimination charges
Global law firm Clifford Chance has denied the charges of discrimination slapped against it in a lawsuit filed by a former associate in connection with 2007 layoffs.
Allen & Overy Rome office partner to join Italian rival
Global law firm Allen & Overy's leading project finance lawyer Catia Tomasetti is set to leave the firm and join Italian law firm Bonelli Erede Pappalardo early next year.
Freshfields appoints Colin Hargreaves to head global tax practice
Global law firm Freshfields Bruckhaus Deringer has boosted its tax practice by appointing London-based Colin Hargreaves as its new global head of tax.
KKR-led consortium gobbles Del Monte for $5.3 bln
Del Monte Foods, one of the country's largest producers, distributors and marketers of branded food and pet products for the U.S. retail market, has agreed to be acquired by an investor group led by private equity firm Kohlberg Kravis Roberts (KKR) for $5.3 billion, including debt.
Law firms ring in holiday season with big bonuses for associates
Associates of U.S. law firms can look forward to fat year-end bonuses that are ranging from $7,500 to $35,000 though the bonus levels are significantly lower than all-time highs of 2007.
WilmerHale names successors of co-managing partners
Law firm WilmerHale has named Susan W. Murley and Robert T. Novick as co-managing partners for a three-year term effective from January 1, 2012.
Davis Polk banks on Paul Chow to beef up Hong Kong team
Global law firm Davis Polk & Wardwell has strengthened its Hong Kong office by appointing Paul Chow, a leading M&A lawyer, as a partner and head of the regional office.
Activision Is No “Guitar Hero” To Axl Rose
Guns and Roses frontman Axl Rose is taking Activision to court, saying the company violated an agreement on the use of the song Welcome To The Jungle.
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