Former Barclays Traders Guilty in Libor Case
Summary: Three more former Barclays traders were handed guilty verdicts in the infamous Libor case. A jury Monday found three…
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Marriott to Become Largest Hotel Chain in the World
Summary: Hotel chains are entering the merger market, with Marriott and Starwood becoming the first to take the plunge. Marriott International…
First Quarter Expenses Greater than Revenue for Law Firms
Summary: Although 2014 witnessed signs of growth in revenue for law firms, the first quarter of 2015 has not kept…
Prestigious Law Firms Show Impressive Growth in Revenue
Summary: Although on average, law firm revenues increased, these increases were primarily seen in “big law” firms. Last year was…
Australia’s Slater Gordon to Acquire Arm of Britain’s Quindell
Summary: Australia’s Slater Gordon to acquire arm of Britain’s Quindell. Australia’s Slater and Gordon continues their onslaught of acquisitions –…
Banks, Law Enforcement Want Law Firms to Disclose Hackings
Summary: Many large law firms do not disclose or even acknowledge when their systems are hacked, causing concern for many…
New York Firms Outperform Others in 2014
Summary: The most recent Am Law data shows New York firms again top the list when it comes to financial…
Layoffs Announced at Kasowitz, Benson, Torres & Friedman
Summary: New York litigation firm Kasowitz, Benson, Torres & Friedman laid off a significant number of senior attorneys, associate attorneys,…
Goldman Sachs at Risk of Facing Civil Lawsuit
Summary: Goldman Sachs could be facing a civil lawsuit from the government once an investigation into the big bank is complete. …
Axiom Legal May Change the Banking Industry
Summary: Axiom Legal, which provides a multi-shore, technology-enabled management service for its clients, may change the face of the financial industry.…
S&P Settles Claims for Over 1 Billion Dollars
Summary: S&P has settled claims stemming from the financial crisis with the Justice Department, many of the individual states, and other…
Estimate for Legal Services Increased by JPMorgan Chase
Summary: In a securities filing on Monday, JPMorgan Chase announced that it has increased its estimate for legal services relating to…