March 31, 2010 6:45 PM

Locke Lord Hit with Suit By Former Income Partner

Robert Crowder, a former nonequity litigation partner in the firm's Los Angeles office, claims he was stiffed on interest payments for capital contributions tied to the firm's 2007 merger.

03/31/10 Posted by Brian Baxter

MGM, Skadden, Get More Time in Debt Crunch

The beleaguered studio won an extra six weeks to renegotiate some of its most pressing debt as it contemplates several bids and a possible bankruptcy filing that could involve a plan to give control of MGM to some of its lenders.

03/31/10 Posted by Zach Lowe

Welcome to the Future: The Intimacy Imperative

In an age of change, Paul Lippe argues that law firms need to get closer to their clients. In the golden days, partners didn't fear intimacy, they married their clients' daughters. Today that would be a hard strategic plan to get approved. But the need for tight ties is as great as it's ever been. 

03/31/10 Posted by Aric Press

Report: Securities Class Action Filings Fall in 2009

Along with college basketball championships and the start of a new baseball season, March also signals the release of PwC's annual securities litigation report. The results are in for 2009, as the fallout from the economic crisis shifts from financial services to other industries.

03/31/10 Posted by Brian Baxter

Linklaters Back to Full Lockstep

Good news from the Magic Circle: the firm has decided to stick with lockstep pay and avoid salary freezes for associates. 

03/31/10 Posted by Zach Lowe

Ex-Arnold & Porter Partner Avoids Prison in Tax Fraud Scam

Peter Cinquegrani, who faced five years in prison for helping Ernst & Young construct tax shelters for wealthy clients, got off with probation after an emotional sentencing hearing on Tuesday.

03/31/10 Posted by Zach Lowe

March 30, 2010 6:17 PM

Bigger Firms Scooping Up Smaller Regional Fish

With the recession helping some smaller and midsize firms beat their larger, pricier adversaries for client work, perhaps it's not surprising that some larger regional firms are expanding operations. In recent weeks Jones Walker, Polsinelli Shughart, and McElroy Deutsch have acquired smaller shops in Alabama, Connecticut, and Missouri.

03/30/10 Posted by Brian Baxter

Despite Layoffs, Firms Still Want Those Sweet Stadium Suites

Firms say buying stadium suites, especially during a recession, is an important tool for courting clients.

03/30/10 Posted by Brian Baxter

Prominent Denver Lawyer Sanctioned for Overstating Diversity Claims

Willie Shepherd, Jr., cofounder of Denver firm Kamlet Shepherd Reichert, received a public censure Monday for misrepresenting the firm's diversity numbers to win legal work from DuPont. Shepherd's plans to join Perkins Coie in 2009 collapsed amid reports of the disciplinary action pending against him.

03/30/10 Posted by Brian Baxter

The Churn: Lateral Moves and Promotions in The Am Law 200

Quinn Emanuel has a new cochair for its global life sciences group; Sidley Austin adds two corporate partners. Plus: moves to K&L Gates, McDermott Will & Emery, Patton Boggs, and Foley Hoag. The Churn is constant. Send announcements, news, and releases to editorial@alm.com.

03/30/10 Posted by Irene Plagianos