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Brown Rudnick Ends Deferred Start Dates For 11 First-Years
Law Firm News |
2009/08/20 09:13
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The National Law Journal reports that Brown Rudnick is shelving deferred start dates for 11 first-year associates, saying it needs to tackle a surge in bankruptcy and litigation work.
Under the plan, first reported by the Boston Business Journal, the firm will have the associates start on Sept. 14 instead of Nov. 30.
The original class included 27 first-years. Three will remain deferred until Nov. 30. Another dozen remain deferred until 2010. One more has taken a job in Singapore, said firm CEO Joe Ryan, who is also a senior partner in the firm's bankruptcy & finance practice group.
"The good news is since we made that decision [to defer] we've become very busy and it certainly looks like that's going to be sustained," Ryan said. |
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Law Firms Submit Joint Letter To SEC To Oppose Shareholder Nominations To Corporate Boards
Law Firm News/New York |
2009/08/19 09:11
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According to The New York Law Journal, seven of Manhattan's elite law firms took the rare step of signing on to a single letter to the Securities and Exchange Commission to voice their opinion on how the agency should implement a proposal to allow shareholders to nominate company directors.
Lawyers involved in drafting the letter, submitted Monday, acknowledge it was rare for one letter to come from all the firms, which included Cravath, Swaine & Moore, Sullivan & Cromwell and Wachtell, Lipton, Rosen & Katz.
At least four of the firms also sent separate letters addressing concerns with the policy direction the SEC is taking. |
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Veteran Prosecutor To Join Paul Hastings
Law Firm News/California |
2009/08/12 11:54
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The American Lawyer reports US Attorney Thomas O'Brien has taken on international drug cartels, some of the West Coast's toughest street gangs, and human smuggling rings. But now he has to do something that may be even more challenging: build a book of business.
Paul, Hastings, Janofsky & Walker announced Tuesday that O'Brien, who has been US Attorney for the Central District of California since 2007, will become a partner in the firm's Los Angeles office, where he will focus on white-collar cases.
"The people I met at Paul Hastings are top notch attorneys and I look forward to working with the firm to help them develop a white-collar practice in Los Angeles," says O'Brien, who was appointed US Attorney by President George W. Bush after more than two years as the office's criminal division chief.
He joins the firm Oct. 1. |
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Merck Passes Landmark Securities Case From Cravath To Williams & Connolly
Law Firm News |
2009/08/11 09:23
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The American Lawyer reports that months away from arguing a landmark securities fraud case before the US Supreme Court, Merck has passed lead counsel duties from Cravath, Swaine & Moore's Evan Chesler to Williams & Connolly, court records show.
Williams & Connolly partner Kannon Shanmugam, who argued eight cases before the high court during his four years with the US Solicitor's Office, will present Merck's case to the justices this fall. Shanmugam -- W&C's first lateral hire in 22 years when he joined the firm last year -- won six of those eight cases.
In this case, Shanmugam will argue to overturn an appellate ruling that allowed a securities fraud class action brought by Merck's shareholders to proceed. |
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Patton Boggs Picks Up Mortgage Finance Group
Law Firm News |
2009/08/10 13:50
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The National Law Journal reports that Patton Boggs has brought on a six-lawyer mortgage finance team from Weiner Brodsky Sidman Kider, the firm announced Tuesday.
Partners Richard Andreano and John Socknat started work in the firm's Washington, D.C., office Monday. They will be joined by associates Reid Herlihy, Heather Hutchings and Haydn Richards on Thursday.
Michael Waldron, also a partner, will work out of Patton Boggs' Dallas office.
Andreano advises settlement service providers through issues concerning the Real Estate Settlement Procedures Act, Truth in Lending Act, Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act, Home Mortgage Disclosure Act and the Gramm Leach Bliley Act. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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