From the monthly archives:

February 2012

TweetInvestigators in the United States, Europe and Japan are looking into whether certain traders tried to influence other bank employees to manipulate crucial interest rates.  The goal of the investigation is to determine if major banks conspired to manipulate benchmark interest rates such as the London interbank offered rate (LIBOR) and the Tokyo interbank offered rate […]

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TweetFor all of us who use LinkedIn to expand our professional networks, there is a new kid on the block named BranchOut whose membership now numbers ten million registered users. BranchOut is a professional networking app built on Facebook which takes advantage of Facebook’s social network effect to reach hundreds of millions of users and, according […]

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TweetApproximately forty law firms, including major firms like Alston & Bird, Bryan Cave, Cadwalader, Wickersham & Taft, Cahill, Gordon & Reindel, Chadbourne & Parke, Cravath, Swaine & Moore Debevoise & Plimpton Dewey & LeBoeuf, Proskauer Rose, and Shearman Sterling,  have created the Law Firm Sustainability Network, which is a group dedicated to developing environmentally friendly […]

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TweetA unanimous panel of Second Circuit judges upheld an order of sanctions against three attorneys, Mustapha Ndanusa, Dennis Cunningham and William Veale, who insisted that Dick Cheney and Donald Rumsfeld caused the 9/11 terror attacks. The attorneys were ordered to pay $15,000 in sanctions and to pay double what the U.S. Government spent defending itself against their lawsuit. […]

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TweetNew York Attorney General Eric T. Schneiderman recently filed a complaint against several major banks, including JPMorgan Chase, Wells Fargo and Bank of America, alleging that they used the Mortgage Electronic Registration System (“MERS”) to, among other things, harm the interests of homeowners and undermine the integrity of the judicial foreclosure process.  MERS is a digital mortgage tracking service […]

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TweetClass action lawsuits were recently filed in five states against a number of law schools, adding to the number of lawsuits pending against law schools throughout the Country. The suits allege that the law schools inflated employment data, causing students to enroll in the law schools, only to later discover, after incurring mountains of student […]

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TweetOn February 1, 2012, the U.S. Government charged three former traders at Credit Suisse AG with artificially inflating the value of mortgage bonds as the housing market collapsed. The charges represent a rare criminal prosecution of Wall Street executives in connection with their conduct during the financial crisis.  According to federal prosecutors, the traders, who are located […]

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TweetGiven the sagging economy, both in the United States and abroad, as well as the defection of top partners to rival firms, many firms have decided to grow their practices by merging with other firms.  Firms see this as a way to get a piece of the action in the multi-billion dollar international corporate law […]

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TweetA recent unanimous  New York State Appellate Division decision in VOOM Holdings v. EchoStar Satellite LLC 600292/08 (1st Dep’t, 1/31/12) represented the first time a New York State court applied the federal standard for the spoliation of electronic evidence set out in the New York Southern District case Zubulake v. UBS Warburg LLC, 220 F.R.D. 212 (S.D.N.Y. […]

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Tweet 15 Business Blogging Mistakes & Easy Fixes Your blog should be one of the key components of your law firm’s marketing strategy. Regularly updated content attracts new visitors, all of whom may be possible clients. But are you making mistakes with your blogging strategy? HubSpot offers a free ebook outlining the most common blogging […]

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