Editorial: The Siemens case — our analysis
We have read the public comments by Peter Löscher (the press releases, the choreographed interviews) of “Siemens endorses clean business” and we agree they were a tremendous help to their
Continue readingIndia: the real cost savings
There is an article out this morning via ALB Legal News, a news site out of Australia that we monitor, that covers the legal markets in Australia, Hong Kong, Singapore, China, along with parts of Japan,
Continue readingTreasury Hires Thacher, Proffitt & Wood, LLP under bailout program
The U.S. Treasury Department today announced that Thacher, Proffitt & Wood, LLP will assist the Department with its investments in the Federal Reserve’s Term Asset Backed Securities Loan Facility
Continue readingFDIC to hire 500 new staff
FDIC is going to hire 500 new staff. Most slots will be bank examiner jobs. But those jobs pay quite well if you have a few years of experience. For details click here. Information on the job postings
Continue readingFederal Bankruptcy Filings Surge by 30 Percent; Business Filings Up by 49%
From: The National Law Journal, December 16, 2008 The total federal bankruptcy filings jumped up by 30 percent for the 12-month period ending Sept. 30, with business filings climbing by 49 percent in the
Continue readingPrimer: How “direct hire” works
Several years ago a number of firms (Covington and Crowell are only two examples) started to change the way they used staffing agencies for projects. They took the temporary attorneys onto their payroll
Continue readingSiemens to Pay $1.34 Billion in Fines
Siemens, the German engineering giant, agreed Monday to pay a record total of $1.6 billion to American and European authorities to settle charges that it routinely used bribes and slush funds to secure
Continue readingTrends in the contract attorney market
We spent the last 9 days in Chicago, D.C., NYC and Philadelphia. We met with Posse List members, law firms, e-discovery companies and staffing agencies, as well as a few in-house corporate legal departments
Continue readingSkadden Restructuring Co-Head Decamping for Lazard
From: The American Lawyer, December 15, 2008 Timothy Pohl, one of three co-heads of Skadden Arps’ 100-lawyer corporate restructuring group, announced on Thursday that he will leave the firm next
Continue readingLPOs find more work, but less favor among law grads
From sammylive.com: Dec 14, 2008 The Indian legal process outsourcing might be on a high with rising influx of offshore assignments amid the financial turmoil, but the sector still finds less favour
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