As we reported last week, Sonnenschein Nath & Rosenthal hired 100 lawyers from the dissolving Thacher Proffitt & Wood. This week, the National Law Journal spoke to Sonnenschein chair Elliott I. Portnoy…
Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Company, surpassing the rates charged by Weil, Gotshal & Manges in the Lehman Brothers…
What’s left of San Francisco’s Heller Ehrman, which dissolved in November, has filed for Chapter 11 bankruptcy protection. Former Heller partner Peter Benvenutti said the firm filed not because it is out…
Refugees of disgraced firm Dreier LLP’s Stamford, Connecticut office have reformed as Pastore Osterberg LLC. The co-founder of the former Dreier office, Joseph Pastore III, says the arrangement will be temporary, as he expects…
Magic Circle law firm Freshfields Bruckhaus Deringer LLP apparently has a lot of money lying around, a lot of free time, and a complete collection of Mad Men DVDs. They…
This morning’s top stories: Frisco’s Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009… Above the Law has announced its Law School Students of the Year, although the accolade…
Frisco’s Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following e-mail, sent to Legal Times by Orrick’s Adi Weisman: …associates…
Via LawCrossing.com: At year’s end, white-shoe law firms race to collect the bulk of the year’s client fees by the end of December. This year is different though, with a…
From LawCrossing.com: In recent months, when companies have been forced to succumb to mergers or bankruptcy in the wake of the economic crisis, lawyers who work for these businesses or their outside…
Above the Law has announced its Law School Students of the Year, although the accolade is clearly a sarcastic one. The ATL guys don’t seem to like Phil Telfeyan or the…
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