A Chicago-based law firm specializing in labor, employment and insurance issues has expanded to San Francisco by hiring 11 attorneys in the Bay Area. Get the full story »
Filed under: Law firms
Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Baker & McKenzie sued for $600M in ‘looting’
Baker & McKenzie and one of its former partners were sued Monday for $600 million by a Pennsylvania company that alleges the law firm and Martin Weisberg willingly participated in a “looting” of the company.
The suit’s filing is part of the Chapter 11 bankruptcy of Industrial Enterprises of America Inc., which sought protection from creditors in April 2009. Get the full story »
Chicago lawyer reprimanded by federal appeals court
The federal court of appeals in Chicago took the unusual step of reprimanding a Chicago lawyer for unprofessional behavior and fined him $5,000.
The court cited Michael Greco, 47, for repeatedly missing deadlines and ignoring phone calls from court officials, in an opinion released Tuesday. Judge Frank Easterbrook, who wrote the opinion, described Greco’s conduct in harsh terms. Get the full story »
Winston & Strawn expands to Houston
Winston & Strawn has expanded its legal practice to Houston, where it recruited several lawyers away from a law firm that shut down this week.
Winston said Thursday that it has added more than 40 lawyers from Howrey, a national law firm that has been torn apart by partner departures over the last several months. The remaining Howrey partners voted to dissolve the firm on Tuesday. Get the full story »
Kirkland profits per partner top $3M
From Legal Week | Figures released by international law giant Kirkland & Ellis show that the firm’s revenues rose by 14 percent to $1.63 billion in 2010, while profits per equity partner (PEP) jumped 23 percent to $3.08 million.
Three Kirkland partners leave for Latham
Three partners at Kirkland & Ellis resigned Tuesday and joined another elite corporate law firm in Chicago, Latham & Watkins.
Robert Buday, Nathaniel Marrs and Gary Axelrod, who represent clients in complex real estate transactions, are highly regarded according to lawyer-rating services such as Chambers & Partners.
Latham’s raid on Kirkland is unusual, as a group of partners rarely simultaneously leave one high-end firm for another. In addition, Latham has not been active in recruiting lawyers from other firms, known as the lateral market, in recent years, said Richard Levy, the head of the firm’s Chicago office. Get the full story »
Former chairman of Jenner & Block dies
Jerold Solovy, a distinguished Chicago trial lawyer and former chairman Jenner & Block, has died. He was 80 years old.
Solovy started practicing law at Jenner & Block in 1955 after graduating from Harvard Law School. Throughout his career, he balanced a commitment to public interest work with a practice for paying clients. Get the full story »
Survey shows women still lagging in law firms
Women lawyers continue to lag behind their male counterparts in rank, clout and pay, according to a survey by The National Association of Women Lawyers, due in part to new structures at firms that limit opportunities for women to advance.
Now in its fifth year, the survey is the only national study of the nation’s 200 largest law firms that annually tracks the progress of women lawyers in private practice and collects data on firms as a whole rather than from a subset of individual lawyers. Get the full story »
Huron acquires London’s Trilantic International
Huron Consulting Group expanded its legal consulting unit in Europe and the Middle East with the acquisition of London-based Trilantic International Ltd. Terms of the transaction were not disclosed. Get the full story »
Justice Dept. seeks to halt tax practices of Chicago attorney
The U.S. government has sued a Chicago lawyer, who was a partner at Seyfarth Shaw, to stop him from peddling allegedly sham tax shelters involving Brazilian consumer debt.
The Justice Department said Wednesday that since at least 2003 John E. Rogers has devised illegal tax schemes for more than 100 customers who have claimed more than $370 million in improper tax deductions. Get the full story »
Oct. 28, 2010 at 5:42 p.m.
Comments Off
Filed under: Associations/Clubs, Chicago executives, Law firms Ty Fahner named president of Commercial Club
Tyrone Fahner, a partner at the Chicago law firm of Mayer Brown, will become the president of the Commercial Club of Chicago, the Tribune has learned.
Fahner succeeds R. Eden Martin, also a lawyer, who has been president of the influential organization since 1999. Fahner will take over Jan. 1, W. James Farrell, chairman of the club, confirmed Thursday. Get the full story »
$103M verdict against Chicago’s Baker & McKenzie
A $103 million verdict was handed down Friday in Jones County, Miss., against Chicago-based Baker & McKenzie and one of its attorneys.
Joel Held, a Baker & McKenzie attorney based in Dallas, represented both sides of business relationship that turned sour for one client while the other benefited, according to court documents.
Get the full story »
Oct. 19, 2010 at 3:18 p.m.
Comments Off
Filed under: Chicago executives, Investigations, Law firms, Litigation Chicago lawyer pleads guilty to tax shelter fraud
From Bloomberg | Chicago attorney Erwin Mayer has pleaded guilty to conspiracy and tax evasion charges for his role in a billion-dollar phony tax-shelter scheme that brought down his law firm in 2007.
Tribune hires law firm to study Morgan Stanley suit
Tribune Co. has hired Chicago law firm Novack and Macey to explore the possibility of bringing legal action against Morgan Stanley, the New York investment bank.
The disclosure came in a bankruptcy court filing Friday asking for retroactive permission to hire the firm, which began looking into the matter in late August. Get the full story »
Sep. 17, 2010 at 2:01 p.m.
Filed under: Commercial real estate, Law firms, Real estate, Work culture Bedbugs bite Winston & Strawn in N.Y.
New York’s bedbugs don’t discriminate. They’ve infested dorm rooms as well as posh offices on Park Avenue, as Winston & Strawn discovered this week.
The Chicago-based law firm is dealing with an infestation of bedbugs at its New York office at 200 Park Ave., the MetLife Building. As of Friday morning, the landlord had not resolved the problem. Get the full story »
