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SBF wants the Biglaw firm treated as part of the prosecution team. The post Sam Bankman-Fried Wastes No Time Bashing Biglaw FirmSullivan & Cromwell In Latest Filing appeared first on Above the Law.
Sullivan & Cromwell Brings Back 5 Days In Office : Nice while it lasted. Biglaw Firm Goes Above Market : Dechert shows their highest billers some appreciation ! Dangerous" Rhetoric Won't Stop Judge Merchan From Doing His Job: Retroactive presidential immunity seems to have its limits !
“A Wall Street Law Firm Wants to Define Consequences of Israel Protests; Sullivan & Cromwell is requiring job applicants to explain their participation in protests; Critics see the policy as a way to silence speech about the war”: Emily Flitter of The New York Times has this report.
With a whopping 58 firms notching over a billion dollars in gross revenue, the financials of Biglaw look solid. Patrick Smith details the industry-wide trends: By the numbers, there is no other credible way to describe the overall performance of the 100 largest law firms by revenue: They crushed it. The collective Am Law 100 saw 13.3%
Biglaw firms are usually pretty quick to fall in line when it seems like a trend is afoot. Almost as soon as Paul Weiss announced that it had switched up its office attendance policy to mandate a four-day, in-office work week , another top Biglaw firm swooped in to announce its own similar policy. Associate raises?
After holding out for quite some time, one of Biglaw’s top firms has decided to switch up its office attendance policy, and will soon begin requiring attorneys to work from the office four days each week. On Friday, associates at Paul Weiss — a firm whose revenue jumped by 31.6%
Sullivan & Cromwell LLP urged a New York state court to stop a "harassing" subpoena from investors who are suing FTX promoters like Tom Brady in Florida state court and now seek documents from the firm that opine about whether tokens offered by the failed cryptocurrency exchange, its client in other matters, constituted securities.
A former deputy general counsel at the Federal Reserve Board has rejoined Sullivan & Cromwell LLP's financial services group as a partner in New York, the firm said Monday.
Sullivan & Cromwell LLP has hired a former director of the U.S. office, the firm said Tuesday. Securities and Exchange Commission's investment management division who was most recently head of external affairs at BlackRock as a partner in its Washington, D.C.,
SullivanCromwell LLP-led Subway confirmed Thursday it has agreed to be acquired by affiliates of private equity firm Roark Capital, in a reported $9.6 billion deal that the sandwich chain said will help expand its "global presence and brand strength" with Roark's restaurant and franchise expertise.
A former Allianz portfolio manager who claims his former counsel at Sullivan & Cromwell LLP sold him out to secure a favorable $6 billion deal for the financial services firm cannot escape charges that he was the mastermind behind a scheme to defraud institutional investors, a New York federal judge has ruled.
Stevenson: I began my career as a litigation associate with the New York law firmSullivan & Cromwell. Given the size of the cases and that I only stayed with the firm for three years, I covered a great amount of substance. Below, we talk with Heather about her path to success. The cases I worked on were huge.
Trustee's Office to block Sullivan & Cromwell's appointment as its bankruptcy counsel, saying there's no conflict of interest between the law firm and the defunct cryptocurrency exchange, especially since Sullivan was the one that called the feds on the operation ahead of its bankruptcy filing.
unit claims that his old counsel at Sullivan & Cromwell LLP sold him out and used his privileged communications against him in order to secure a favorable $6 billion deal for the financial services firm. A former portfolio manager for Allianz SE's U.S.
senators' concerns about the ties between law firmSullivan & Cromwell and the defunct cryptocurrency exchange, saying he won't take "inappropriate ex parte communication" into account when considering the approval of counsel in the case. FTX's bankruptcy judge on Wednesday brushed off four U.S.
A Delaware bankruptcy judge on Friday approved the appointment of Sullivan & Cromwell LLP — which had come under fire from several directions and from members of Congress — as Chapter 11 counsel for FTX, dismissing arguments by a pair of FTX customers that the firm was conflicted because of its prior work for the cryptocurrency exchange.
Beat The Charge, Free Of Charge : Executive order tees up domesticated law firms to represent cops accused of unlawful use of force and other charges. Of Course It Involved Golf : Sullivan & Cromwell’s “negotiations” probably weren’t as formal as you’d think.
who practiced at Sullivan & Cromwell LLP for more than 60 years and served as chairman from 1995 to 2000, has died, the firm announced Wednesday. Mestres Jr., He was 89.
After yesterday's southeastern merger news , now Maynard and Nexsen are merging to build a 550-attorney firm. It mostly revolves around the plaintiffs' lack of standing, which has the benefit of being completely correct and the drawback of a majority of justices who don't care. Daily Report Online ]. Law360 ]. *
As one of the very few Paralegal Directors in a executive position in an AmLaw firm, Huascar is also the President of IPMA, the International Practice Management Association, a high-profile association for Practice and Paralegal Managers. His focus is on enhancing efficiency and consistency firm-wide. Here is gives some sage advice.
Pretend Biglaw Is A 9-5 If You Want To: Who do Sullivan & Cromwell think they're fooling ? Biglaw Is A Community: Firms work to help their colleagues cope with the LA wildfires. Show Me The Papertrail!: Who bought your favorite justice? Just ask ProPublica !
After the whirlwind that the legal profession experienced in 2024 — a year where large law firms really had the urge to merge and nonequity partnership ranks continued to expand— your Biglaw firm may be doing quite well financially but is it among the Am Law 100s Super Rich? These are the Biglaw firms that have at least $1.1
But this time around, corporate America appears actively interested in currying favor with the White House any way they can and a cozy relationship with Trump is not only no longer a negative, it might actually be a firm selling point. But the decision is already alienating the firm’s attorneys.
No white-shoe law firm would touch him. Back then, one of the firms that reportedly told Trump “no” was… Sullivan & Cromwell. But now Sullivan & Cromwell will step in as Trump prepares another challenge to his conviction in the New York hush money case. President Donald J.
As major law firms either cave to Donald Trumps demands by making deals with the administration or cower in silence, the gap between law firm leaders and the young lawyers who work for them has never been more stark. Some senior lawyers have also left firms that made deals with Trump. based firm tells me. The message?
Didn't see that one coming, but if he joined any firm, this is the one that makes sense. Sam Bankman-Fried's pre-trial blogging continues bashing Sullivan & Cromwell's bankruptcy efforts and offering insights into his defense strategy. Apple's top lawyer got a pay bump. Bloomberg ]. American Lawyer ]. *
UBS Securities LLC , he represents the defendant, an investment banking firm in a case brought under the Sarbanes-Oxley Act alleging retaliation against a whistleblower. Her son Eugene Scalia, a former U.S. In Murray v. Former U.S. Raider Retreat Realty Co.
Reuters ] * Despite doom and gloom from firms cutting headcount, the industry overall is in recovery. American Lawyer ] * An interview with Steven Thomas, a former Sullivan & Cromwell partner who started his own practice focusing on litigating against Big 4 audit firms for failing to detect fraud at their clients. [
This Sullivan & Cromwell partner's billables are double take worthy. What Are The Most Prestigious Biglaw Firms In Texas ?: When Do They Sleep ?: Why Do They Say These Things Out Loud ?: People have a lot to say about Presidential Immunity. Not all of it is smart. How Many Times Did They Lie ?: Read this and find out !
Biglaw firms may be incredibly busy dodging or capitulating to executive orders from Donald Trump, but they’re still busy thinking about how to enforce their attendance policies amid the constitutional mayhem. Earlier today, White & Case — a firm that brought in $3,316,735,000 gross revenue in 2024, putting it at No.
The Trump administration is openly targeting Biglaw firms for their representation of clients and causes adverse to the president’s political agenda. Although their names have been omitted from their signatures, these associates have included their firm names and class years.
Last month, faced with an Executive Order described by the right as designed to bankrupt the firm Paul Weiss chairman Brad Karp kissed the ring of Donald Trump. And, curiously, Bob Giuffra, co-chair of Sullivan & Cromwell, was also part of the negotiation. But how exactly did it happen?
“As Establishment Warms to Trump, Elite Law Firm Takes On His Appeal; The involvement of Sullivan & Cromwell in the appeal of President Trumps criminal conviction underscored how New Yorks legal power players have moved toward Mr. Trump”: Jonah E. Bromwich of The New York Times has this report.
Sullivan & Cromwell Associates Are Pissed About The Firm Picking Up Trump: This was obviously going to happen. Mind The Help: Biglaw firm places limits on pro-bono hours & starts a wishy washy in-person requirement. Bonus News!: Latham & Watkins associates are in for a treat !
I get that everyone is entitled to due process and that Bob [Giuffra] and his firm should be able to represent whomever they want. Former Wachtell partner turned political commentator George Conway opened up to Rolling Stone about the schism in his friendship with Sullivan & Cromwell chair Bob Giuffra.
Lawyers at two Biglaw firms Covington & Burling and Perkins Coie — have been called out by the Trump administration for retribution. ” Conway also calls out Sullivan & Cromwell taking up the Trump criminal case. Biglaw is in the crosshairs of the Trump administration. But the s crutiny is likely to spread.
(Photo by Jabin Botsford /The Washington Post via Getty Images) There’s a growing list of Biglaw firms willing to sell out the rule of law in order save their own skin. And those firms will have some ‘spaining to do. Here’s What The Firms Are Doing About It. Biglaw Is Under Attack.
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