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December 2010

December 29, 2010 12:00 PM

Newsmakers of the Year 2010: The Cleanup Crew

Last year was a big one for sifting through and cleaning up the wreckage wrought by the financial crisis. Whether it was the exhaustive autopsy of the Lehman Brothers collapse, the Securities and Exchange Commission accusing Goldman Sachs of duping investors, or Troubled Asset Relief Program recipients repaying the government, it seemed that order was being restored. Along the way, 14 people did enough to merit recognition in our Newsmakers of the Years feature.

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12/29/10 Posted by Ed Shanahan

December 22, 2010 3:49 PM

Happy Holidays

We're taking a break for the holidays, recharging our batteries, and looking forward to 2011. Publishing on The Am Law Daily and The Litigation Daily will resume on Monday, January 3. Season's greetings and best wishes for a Happy and Healthy New Year!

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12/22/10 Posted by Ed Shanahan

Bonuses Cast Spotlight on Merit-based vs. Lockstep Divide

This year's bonus announcements highlight the continuing battle between merit-based and lockstep associate compensation systems. Which system should associates prefer?

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12/22/10 Posted by Ed Shanahan

Lightning Rod Lanny: Davis Lands Another Controversial Client

Lanny Davis, the ubiquitous Beltway lawyer/lobbyist/spinmeister has inked a $300,000 deal to lobby on behalf of Ivory Coast's embattled president.

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12/22/10 Posted by D.M. Levine

The Careerist: Jones Day--No Bonuses, But 36 New Partners

There were no bonuses for any associates at the firm this year. But it did just promote 36 attorneys to partner.

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12/22/10 Posted by Vivia Chen

Rocky Mountain High: From Consultant to Law Firm CEO

A Q&A with Brownstein Hyatt Farber Schreck CEO--and former Hildebrandt consultant--Blane Prescott, as he nears the two-week mark in his new job. 

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12/22/10 Posted by Ross Todd

Another (Unpleasant) Starr Turn for Winston

James Wiatt, the former chairman and CEO of the William Morris Agency, is suing Winston & Strawn and former firm partner Jonathan Bristol over Bristol's alleged role in convicted Ponzi schemer Kenneth Starr's crimes.

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12/22/10 Posted by Ross Todd

Boies Schiller Breaks the Bonus Bank

In announcing that it will award its associates extra stipends averaging more than $75,000 for those lawyers who've been with the firm more than a year to more than $200,000 for the highest-performing associates, the firm moved well ahead of the pack in this year's bonus race.

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12/22/10 Posted by Ed Shanahan

December 21, 2010 9:30 PM

The Bankruptcy Files: $45 Million More in Holiday Lehman Fees

The tab for outside legal advisers and other professionals in the Lehman Brothers bankruptcy broke the $1.1 billion barrier in December. Plus: New bankruptcy assignments for Kirkland & Ellis, Kramer Levin, Latham & Watkins, and Sheppard Mullin.

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12/21/10 Posted by Brian Baxter

A Very Special Bar Exam: The Am Law Year in Review News Quiz

Oh what a year 2010 was. Battling dolls! Stinky burgers! A copyright fight over Hellspawn's minions. All this and more made news in the pages of The American Lawyer and here at The Am Law Daily. How closely were you paying attention?

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12/21/10 Posted by Ed Shanahan

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