Embezzlement

  • money1

    Attorney Misconduct, Legal Ethics, Money, Real Estate, White-Collar Crime

    Managing Partner Accused Of Embezzling $30 Million From Clients

    A firm alleges that its former managing partner siphoned off a cool $30 million from client escrow accounts to live like a proverbial rock star.

    15 Comments / / Aug 27, 2014 at 5:28 PM
  • gunmen swat team University of Texas

    Bankruptcy, Crime, General Counsel, In-House Counsel, Non-Sequiturs, Rankings

    Non-Sequiturs: 08.04.14

    * Nothing demands a SWAT team like a 90-year-old woman. [Lowering the Bar]

    * Not so much legal, but here’s Princeton Review’s ranking of the best and worst colleges. If you’re looking for hard liquor, head to Iowa City. [TaxProf Blog]

    * Dewey know what Al Togut’s going to say about law firm bankruptcies. Yeah, I know, but we’re just going to keep riding this pun. [Forbes]

    * Corruption in New Orleans? Hold on, I need a second to let this sink in. [The Times-Picayune]

    * Be sure to come by on Wednesday to hear from a panel of general counsel about the transition to in-house work. [Above the Law]

    * The CFPB is cracking down on debt-collecting law firms. So if you’re a bottom-feeder, the government is coming for you. [Gawker]

    1 Comment / / Aug 4, 2014 at 5:02 PM
  • iStock_000011259011Small

    American Bar Association / ABA, Biglaw, Crime, Intellectual Property, Law Schools, Morning Docket, Native Americans, Paralegals, Rankings, Sports, Trademarks, Vault rankings

    Morning Docket: 06.19.14

    * The latest Vault 100 rankings are out, and it’s time to find out which Biglaw firm is the most prestigious in all the land. Is it Wachtell? Is it Cravath? We’ll have the answer for you, and much more analysis, later today. [Vault]

    * An former office manager at Vedder Price has been accused in a $7M embezzlement scandal. She allegedly used the money to buy “lavish homes, numerous vacations” — it’s as if she were trying to live like a partner. [ABA Journal]

    * Since the Redskins’ trademark was canceled by the Patent and Trademark Office, sports fans are wondering whose offensive team name is next. The Cleveland Indians might get scalped. [WSJ Law Blog]

    * According to ALM Legal Intelligence, paralegal pay is on the rise, and it’s almost $80/hr in top roles. Why should new attorneys care about this? Because they’ll probably have to work as paralegals. [ALM]

    * Double the deanships, double the fun: Penn State Law’s campuses have been approved by the ABA to become separately accredited locations. We’ll take bets on which one closes first. [StateCollege.com]

    3 Comments / / Jun 19, 2014 at 9:07 AM
  • sexual harassment

  • woman stealing money LF

    Crime, Drinking, Drugs, Law Schools, Money

    Law Student Embezzles Thousands of Dollars While Drunk, High

    Which law school did she attend, and how did she do it?

    49 Comments / / Jun 21, 2013 at 11:12 AM
  • Steven Nataupsky's résumé?

    Biglaw, Crowell & Moring, Insider Trading, Intellectual Property, Job Searches, Law School Deans, Law Schools, Legal Ethics, Morning Docket, Sentencing Law

    Morning Docket: 10.18.12

    * Conflict of interest? What conflict of interest? We didn’t have a conflict of interest! Covington & Burling is appealing its disqualification from representing Minnesota in a suit against former client 3M. [Capital Business / Washington Post]

    * “If I sent my résumé through the firm, I wouldn’t get looked at.” Knobbe Martens Olson & Bear is hiring so many awesome associates that the firm’s managing partner doesn’t even know if he’d stand a chance. [National Law Journal]

    * Doug Arntsen, the ex-Crowell associate who stole $10.7M in client funds and spent it at strip clubs, was sentenced to four-to-12 years in prison. [New York Law Journal]

    * Music to Benula Bensam’s ears? In a case of dueling sentencing memos, prosecutors want Rajat Gupta to spend 10 years in prison, but his own lawyers want him to be sent to Rwanda. [DealBook / New York Times]

    * Donald Polden, the dean of Santa Clara Law, will be stepping down at the end of this academic year. Hope they’ll be able to find a new dean, because every “influential” school needs one. [San Jose Mercury News]

    1 Comment / / Oct 18, 2012 at 9:07 AM
  • arntsen RF

    Biglaw, Crime, Crowell & Moring, Money, Quote of the Day

    Quote of the Day: This Guy Must’ve Made It Rain — A Lot!

    Doug Arntsen took a plea for stealing $10M of Crowell & Moring’s money. What does firm management have to say about it?

    20 Comments / / Oct 3, 2012 at 3:40 PM
  • Corporate Money

    Bankruptcy, Biglaw, Crime, Crowell & Moring, Defamation, Dewey & LeBoeuf, Immigration, Law Firm Mergers, Midsize Firms / Regional Firms, Money, Morning Docket, Patents, Small Law Firms, Technology

    Morning Docket: 10.03.12

    * Yeah, about that huge bonus we were going to pay our ex-finance director — we realized how silly that was, so we’re not going to do that. Aww, don’t worry, Dewey & LeBoeuf, you’ll have plenty of other chances to look absurd. [Am Law Daily]

    * Not only is Samsung suing Apple for patent infringement, but the company is also trying to get a do over by getting Judge Lucy Koh to throw out the original billion-dollar verdict over jury foreman Velvin Hogan’s alleged misconduct. [Bloomberg]

    * “Small deals are easier to swallow, easier to integrate.” Regional firms like Carlton Fields and Adams and Reese are gobbling up smaller firms in what seems to be the latest trend in law firm merger mania activity. [Thomson Reuters News & Insight]

    * Douglas Arntsen, the former Crowell & Moring associate who had to be extradited from Hong Kong after embezzling $10.7M from clients, pleaded guilty in exchange for a lesser sentence. [New York Law Journal]

    * It’s tough to come up with appropriate whistleblower jokes given the background here. We’ll play it straight: Mike McQueary filed a defamation suit against Penn State, and he’s seeking $4M in damages. [ABC News]

    * Jose Godinez-Samperio, an undocumented immigrant, is fighting for the ability to practice law in Florida, but the members of the state Supreme Court are literally trying to make it into a “federal case.” [Washington Post]

    8 Comments / / Oct 3, 2012 at 9:08 AM
  • QE's Kathleen Sullivan as Lawyer Barbie

    9th Circuit, Bankruptcy, Baseball, Biglaw, Billable Hours, Brown Rudnick, California, Copyright, Dewey & LeBoeuf, Football, Gay Marriage, Health Care / Medicine, Insider Trading, Kasowitz Benson, Kathleen Sullivan, Morning Docket

    Morning Docket: 06.05.12

    * Dewey know the firms that have been tapped to represent the groups that this failed firm owes money to? Yes, we do! Brown Rudnick for the unsecured creditors’ committee, and Kasowitz Benson for the former D&L partners. [Am Law Daily (sub. req.)]

    * The Ninth Circuit is supposed to be issuing an order today regarding an en banc reconsideration request on the Prop 8 case. They really ought to slap a big fat denial on that motherf’er and call it a day so we get some SCOTUS action. [Poliglot / Metro Weekly]

    * Matthew Kluger, most recently of Fried Frank, has been sentenced to 12 years in prison, which is the longest sentence that anyone’s ever received in an insider trading case. Uh yeah, he’ll definitely be appealing. [Wall Street Journal (sub. req.)]

    * Hughes Hubbard & Reed has billed more than $17M in the first four months of its work on MF Global’s unwinding. Will the firm will be handing out spring “special” bonuses like they did last year? [Reuters]

    * Mattel is appealing MGA’s $310M copyright award, claiming that the judgment was based on “erroneous billing invoices.” Don’t you call my billable hours into question, Kathleen Sullivan. [National Law Journal]

    * Jerry Sandusky’s accusers will be named in court thanks to this judge’s ruling. But don’t worry — there’s no tweeting, texting, or emailing allowed in his courtroom. Like that’ll make a difference. [Legal Intelligencer]

    * Trust me, I’m a lawyer: a disbarred Colorado attorney somehow managed to scam a convicted con artist out of more than $1 million. Now that’s some pretty sweet karmic intervention for you. [Missouri Lawyers Media]

    * A bus driver is suing a hospital because he claims that instead of treating his painful erection, the staff watched a baseball game on TV. Whatever, that was a really great Yankees game. [Associated Press]

    2 Comments / / Jun 5, 2012 at 9:03 AM
  • Yeardley Love

    Biglaw, Crime, Dewey & LeBoeuf, John Edwards, Morning Docket, Partner Issues, Religion, Sex, Sex Scandals, State Judges, State Judges Are Clowns, Trials, United Kingdom / Great Britain

    Morning Docket: 04.27.12

    * Dewey get to see a member of this firm’s chairman’s office strut for a perp walk in the near future? After all, partners reportedly say that it’s thanks to him that D&L may close up shop “as early as next week.” [Law360 (sub. req.)]

    * De-equitize this: Oh, how Biglaw firms in America wish that they could return to merry old England, where mandatory retirement policies for old fart partners are the norm, and the courts agree. [Legal Week]

    * “We’re about to beat a dead horse here.” Even the judge presiding over the John Edwards trial got pissed when the defense repeatedly asked variations of the same question on cross-examination. [MSNBC]

    * Ain’t no shame in his game (well, actually, there is). Judge Wade McCree’s lawyer says he’s sure the judge is sorry for his sext messaging. Yeah, sorry he got caught. [Detroit Free Press]

    * Is this the first test of the “ministerial exception” in the Perich case? A teacher at a Catholic school was fired for getting in vitro fertilization treatments, and now she’s suing. [CNN]

    * Insert your own UVA joke here, bro. Yeardley Love’s family has filed a $30M wrongful death suit against former college lacrosse player, George Huguely V. [Washington Examiner]

    20 Comments / / Apr 27, 2012 at 9:04 AM
  • Tim Tebow

    Attorney Misconduct, Biglaw, Deaths, Football, Law Schools, Money, Morning Docket, Partner Issues, Rudeness

    Morning Docket: 04.11.12

    * Well, at least somebody’s getting a spring bonus. A Biglaw firm has folded against the EEOC’s will on the de-equitization of partners. And all of the underpaid old farts at Kelley Drye & Warren rejoiced! [Bloomberg]

    * Jets fans, are you ready for some football? That’s too bad, because no amount of Tebowing could have saved Reebok from settling this Nike suit. You’re going to have to wait for your damn jerseys. [WSJ Law Blog]

    * George Zimmerman’s lawyers, Craig Sonner and Hal Uhrig, have dumped him as a client. They’re probably just pissed that the “defense fund” he set up wasn’t linked to their PayPal account. [Miami Herald]

    * Marrying a terminally ill client who’s as old as dirt may seem like a great way to make some quick cash, but it’s more likely that you’ll just be disbarred. [San Francisco Chronicle]

    * When you’ve been late to court so many times that a judge calls your behavior “premeditated, blatant and willful,” you better be ready to open your wallet. That’ll be $500; at least pay on time. [New York Law Journal]

    * If at first you don’t succeed, try, try again — but only after a few years, banking on the off chance that the bar admissions people have forgotten about all the bad sh*t you did in law school. [National Law Journal]

    * Frank Strickler, Watergate defense lawyer to two of President Nixon’s top aides, RIP. [New York Times]

    6 Comments / / Apr 11, 2012 at 9:07 AM
  • Crowell & Moring, Fashion, Football, Jeannie Suk, Money, Morning Docket, Rape, Shoes, Trademarks

    Morning Docket: 01.23.12

    * Representative Gabrielle Giffords will be resigning from Congress this week to focus on her recovery. Jared Loughner, the man accused of shooting her, is still way too loony to stand trial. [CNN] * Because of this huge law firm, Dotcom’s bubble has officially burst. Hogan Lovells partner Robert S. Bennett has withdrawn from the […]

    19 Comments / / Jan 23, 2012 at 9:03 AM
  • Law Schools

    Law School Controller Embezzles Funds: Turns Out, This Is Still a Crime

    I think we get so used to law schools taking money out of the hands of their students that we forget that there can actually be a crime when you appropriate student funds for yourself. The Boston Globe reports that the controller of a Massachusetts law school admitted he embezzled more than $170,000 from the […]

    37 Comments / / Oct 7, 2011 at 3:53 PM

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