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American Bar Association
Around the Blawgosphere: Bloggers Weigh in on LegalZoom IPO Filing; Vote for Best Law Firm Website
The Other Big IPO Today, Facebook makes its historic market debut. But many lawyer-bloggers are talking about a different initial public offering: Last Friday, Web-based legal services provider LegalZoom filed for an IPO of up to $120 million to expand its services in the United States and around the world. Can LegalZoom documents truly compete on quality with a lawyer-for-hire? The answer to that question doesn't matter as much as what clients perceive. Lawyers "will assert that consumers and small business are exposing themselves to liability by using LegalZoom's limited services which will bring regret later," DirectLaw Inc. founder Richard Granat wrote at eLawyering Blog. "But consumers…
Final Member of Dewey’s Four-Lawyer Management Team Heads to a New Firm
The fourth and final lawyer who was managing Dewey & LeBoeuf has left the law firm. Charles Landgraf joined Arnold & Porter on Wednesday, where he will be a partner in the firm’s Washington, D.C., office, the Hill reports. An insurance lobbyist, Landgraf told the publication that Arnold & Porter is “the perfect platform” for his practice. Another Dewey partner leaving today is Christopher Clark, who led Dewey’s white-collar defense practice, the Wall Street Journal Law Blog reports. He is heading to Latham & Watkins. Yesterday, Schulte Roth & Zabel announced it is…
433 New York Layoffs and Three Lawsuits in Dewey Saga
Tuesday was the last day for associates at the rapidly shrinking law firm Dewey & LeBoeuf. Associates learned in a termination letter last week that they would receive health benefits through the end of May and malpractice coverage through the end of the year, New York Law Journal reports. Their dismissal follows secretary and staff layoffs on May 11. According to a notice posted by the New York State Department of Labor, Dewey has laid off 433 employees in the New York area. Nearly two-thirds of its partners are gone, the story says. On Tuesday, Schulte Roth & Zabel announced it was hiring…
Appeals Court OKs Trustee’s $500M Suit Blaming K&L Gates for Missing Massive Fraud
A Pennsylvania appeals court has revived a bankruptcy trustee's $500 million lawsuit against K&L Gates, finding that an Allegheny County trial court dismissed the malpractice case in error. The law firm had argued that it could not be sued by the trustee on behalf of Le-Nature's Inc., because K&L Gates represented only a special committee of the now-defunct beverage company's board. A written representation agreement expressly said that K&L Gates did not represent Le-Nature's, the firm pointed out. But in an appellate opinion (PDF) Monday, a three-judge panel of the state superior court found that this representation agreement limitation was void because the board members on…
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Criminal
