Citigroup
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Biglaw, Citigroup, Depositions, Howrey LLP, Money, Partner Issues
Quote of the Day: Howrey Going To Void These Loans?
A former Howrey partner alleges fraud by a major bank. -
Biglaw, Citigroup, Dewey & LeBoeuf, Dissolution, Partner Issues, Partner Profits, Wells Fargo
Dewey Know Who's Next? (Reprise)
Which major law firm might follow in the footsteps of Dewey and LeBoeuf? Let's discuss.... - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Biglaw, Citigroup, Lateral Moves, Money, Partner Issues, Partner Profits
More Bad News for Biglaw: Waning Confidence of Managing Partners Spells Trouble Ahead
What does the rest of this year look like for large law firms? Not great, it seems.
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Biglaw, Citigroup, Dewey & LeBoeuf, Money, Partner Issues, Partner Profits
Dewey Collude With Citi To Screw Individual Partners?
A former Dewey partner alleges that the firm and Citibank worked together to improve the firm's cash position at the expense of individual partners. -
Citigroup, Crime, In-House Counsel, Lawyer Advertising, Money, Non-Sequiturs
Non-Sequiturs: 08.30.12
* ‘Unprecedented’ cheating at Harvard. Nice to know that Ted Kennedy’s spirit is alive and well in Cambridge. [Harvard Crimson] * Court accidentally posts secret settlement. That’ll teach these courts from keeping secrets. [Boston Globe] * Here is an appropriate response to a law firm brochure. [Lawprofblawg] * Former News of the World lawyer arrested. […] -
Biglaw, Citigroup, Layoffs, Money, Partner Issues, Partner Profits, Staff Layoffs
In Praise of Partners' Prudence: Why the Lack of Spring Bonuses May Have Been a Good Thing
Most major law firms didn't pay spring bonuses this year -- and maybe that was a good thing, given the warning signs ahead for Biglaw. -
Bankruptcy, Biglaw, Citigroup, Dewey & LeBoeuf, Dewey Ballantine, Dissolution, JPMorgan Chase, LeBoeuf Lamb, Money, Partner Issues, Partner Profits, Peter Lattman, Securities Law, Wall Street
Dewey Violate Rule 10b-5? A Detailed Look at the Firm's 2010 Offering Memorandum
Was the offering memo for Dewey & LeBoeuf's 2010 private placement materially misleading? And what does the document reveal about the firm's finances? -
Bankruptcy, Biglaw, Citigroup, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Law Firm Mergers, Money, Partner Issues
Dewey Have Good News To Report? Quite Possibly
LeBoeuf is not yet done. What's the good news cooking over at Dewey & LeBoeuf? - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Bankruptcy, Biglaw, Citigroup, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Lateral Moves, Law Firm Mergers, Musical Chairs, Partner Issues, Tax Law
Dewey Have A Shot Of Working Out A Rescue Plan -- Before The Loans Come Due?
When are Dewey's debts due? And can the firm figure out a rescue plan before that date? -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Lateral Moves, Law Firm Mergers, Musical Chairs, Partner Issues, Tax Law
Dewey Have Enough Money To Use FedEx?(Plus more potential defections, and bankruptcy planning.)
Is it true that FedEx is banned at Dewey? Which D&L partners might be heading for the door next? And what's all this talk about bankruptcy protection? -
Biglaw, Citigroup, Dewey & LeBoeuf, JPMorgan Chase, King & Spalding, Lateral Moves, Money, Partner Issues, Partner Profits, Peter Lattman
Moscow and the Middle East: Dewey Have A Problem?(Plus more about Dewey's loan covenants.)
Dewey might be closing some of its foreign offices. Which overseas outposts are on the chopping block? And which rival firms might pick up the pieces? -
2nd Circuit, Benchslaps, Citigroup, Federal Judges, Jed Rakoff, Quote of the Day, Securities and Exchange Commission, Wall Street
Benchslap of the Day: Second Circuit Rebukes Rakoff
What did the Second Circuit have to say about Judge Jed Rakoff's rejection of the SEC's settlement with Citigroup? Let's say they're not huge fans of his legal analysis. -
2nd Circuit, Biglaw, Divorce Train Wrecks, Holidays and Seasons, Jed Rakoff, Morning Docket, Nude Dancing, SCOTUS, Securities and Exchange Commission, Social Networking Websites, Supreme Court, Twittering, Women's Issues
Morning Docket: 12.28.11
* How many of these suggested New Year’s resolutions should the members of the Supreme Court consider following? Eight out of ten resolutions wouldn’t be too shabby. [Huffington Post] * Like a virgin, detained for the very first time: thanks to this court order, Egypt will be forced to come out of the dark ages […]
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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The Business Case For AI At Your Law Firm
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Guns / Firearms, Law Firm Mergers, Law Schools, Morning Docket, Murder, Securities and Exchange Commission, Unemployment, Violence
Morning Docket: 12.16.11
* A man on trial for sex crimes at a Minnesota courthouse allegedly shot three people yesterday, including prosecutor Timothy Scannell. Guess it’s time to get a metal detector. [Duluth News Tribune] * Instead of trying to force Citigroup’s hand on a tougher settlement, the SEC is appealing Judge Rakoff’s rejection of the original. Don’t […]
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Associate Bonus Watch 2011, Biglaw, Bonuses, Citigroup, Money, Partner Issues
Biglaw Starts To Manage Expectations About Bonuses
The first bit of bonus news has leaked out of Biglaw. We're not talking about spring bonuses, and we're not talking about random mid-year bonuses. We're talking about regular, end-of-the-year, take-it-to-the-champagne-room bonuses. And sure, the early news is bad, but that's to be expected. This first report is just what Biglaw wants you to hear. But if the past year in bonus news proves anything, it's that Cravath sets the bonus market, even when they do it late.... -
Celebrities, Citigroup, Deaths, Fashion, Fashion Is Fun, Murder, Non-Sequiturs, Politics, Wal-Mart
Non-Sequiturs: 08.16.11
* I know we’re a little tight for money, but we should find some money in the budget to make sure faded American stars are bailed out of the housing crisis, just like the banks were. [Monsters & Critics] * Illinois’s redrawn legislative districts draw legal fire. I have an idea: let’s use Illinois as […] -
Biglaw, Citigroup, Dissolution, Howrey LLP, Weirdness
Dead Firm Billing: Howrey Going to Keep Doing Business?
Although it officially passed away back in March, when its partners voted for dissolution, the law firm of Howrey LLP continues to twitch in its grave — or maybe even step out of its grave and walk around a bit, like a zombie from a horror flick. Howrey continues to have a presence on Twitter, […] -
Biglaw, Citigroup, Dissolution, Howrey LLP, Layoffs, Staff Layoffs
Howrey Going to Go On Without Bank Funding?Firm shutting down today, after Citi pulls plug.
Although Howrey LLP officially dissolved as a partnership as of March 15, some operations continued beyond that date. But at the close of business today, the firm is going into a more complete shutdown, due to a withdrawal of bank financing. “Last night, we received notice via email that Howrey is closing as of today, […] -
Bankruptcy, Biglaw, Dissolution, Howrey LLP, Law Firm Mergers, Musical Chairs
Howrey Going to Survive the Storm? Board the Winston Lifeboats, Leaders Urge
Accept your offers. It’s wise advice for 2Ls going through fall recruiting, and it’s wise advice for partners of the rapidly unraveling Howrey law firm, most of whom have offers to join Winston & Strawn. Last weekend, Winston made offers to a little over 75 percent of Howrey partners, with responses requested in 21 days. […] -
Biglaw, Citigroup, David Boies, Jed Rakoff, Layoffs, Litigators, Litigatrix, Pregnancy / Paternity, Trials
The Boies Schiller Three: An Update
It’s time for a brief postscript on one of this month’s juicier (and well-trafficked) stories: the dismissal of three women associates from litigation powerhouse Boies Schiller. We have a few additional tidbits that we can share with you. But this is probably the last story we’ll be doing on this drama, since we don’t expect […]