The Legal Market articles

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After Exits, Kasowitz Names Co-Managing Partners

After Exits, Kasowitz Names Co-Managing Partners

By Elizabeth Olson, Big Law Business Leadership changes are afoot at Kasowitz Benson Torres where high-profile founder Marc E. Kasowitz will be assisted by two co-managing partners handling the firm’s day-to-day administration. On Tuesday, the firm named Cindy Caranella Kelly and Wallace L. Schwartz Co-Managing Partners of Administration. They are members of the firm’s management

WASHINGTON, DC - JULY 14:  Former Trump campaign aide Michael Caputo arrives to testify before the House Intelligence Committee during a closed-door session at the U.S. Capitol Visitors Center July 14, 2017 in Washington, DC. Caputo resigned from being a Trump campaign communications advisor after appearing to celebrate the firing of former campaign manager Corey Lewandowski. Denying any contact with Russian officials during the 2016 campaign, Caputo did live in Moscow during the 1990s, served as an adviser to former Russian President Boris Yeltsin and did pro-Putin public relations work for the Russian conglomerate Gazprom Media.  (Photo by Chip Somodevilla/Getty Images)

For Trump Aides Caught in Russia Probe, Legal Bills and Paranoia

By Shannon Pettypiece, Bloomberg News Four months as a communications adviser to Donald Trump’s campaign have turned Michael Caputo’s life upside down. Since congressional investigators decided they wanted to interview Caputo as part of an investigation into Russia’s interference in the 2016 election, he’s drained his children’s college fund to pay more than $30,000 in

Photographer: Andrew Harrer/Bloomberg

Noel Francisco Confirmed as U.S. Solicitor General

By Jessie Kokrda Kamens, Bloomberg BNA The U.S. Senate confirmed Noel Francisco Sept. 19 to be solicitor general, the government’s top lawyer at the U.S. Supreme Court. Francisco served as deputy solicitor general and acting solicitor general after President Donald Trump took office. Francisco’s name was floated early for solicitor general, but his prospects seemed

Photo by Chris Ratcliffe/Bloomberg

SEC Nominee Made $1.21M as Columbia Professor, Consultant

By Andrew Ramonas, Bloomberg BNA The nominee for a Democratic seat on the SEC pulled in $1.21 million in about 18 months as a consultant and a Columbia Law School professor, new financial disclosure paperwork showed. Robert Jackson, whom President Donald Trump nominated to the Securities and Exchange Commission this month, earned about $685,000 from

Walker. (Courtesy)

King & Spalding Lands Former Top Bank Lawyer in NY

Richard Walker, who departed as general counsel of Deutsche Bank last year, has joined King & Spalding as a partner in New York, as the Atlanta-based firm continues to grow. Last year, the firm surpassed the 1,000-lawyer headcount mark, and has opened 15 offices since 2008 including a Chicago office earlier this year. At the

Attorney Michael Cohen arrives at Trump Tower in New York, U.S., on Thursday, Jan. 12, 2017. Photographer: John Taggart/Bloomberg

Trump Lawyer Will Testify in Public Session Before Senate Panel

By Steven T. Dennis, Bloomberg News The Senate Intelligence Committee said it will hear testimony from Michael Cohen, President Donald Trump’s personal lawyer, in an open session after the panel canceled his closed-door meeting with staff on Tuesday. The panel, probing Russia’s meddling in the 2016 election, was “disappointed” that Cohen released his written statement

Illustration by geralt (Pixabay)

Women Make Slight Gains In Big Law Equity Partnership: Report

Women have made modest gains in the highest ranks of Big Law firms, but they remain underrepresented and out-earned by their male counterparts, according to the results of a new survey. According to the survey conducted by the National Association of Women Lawyers, women make up 19 percent of equity partners, compared to 16 percent

Ty Cobb. Photo by Jerry Cleveland (The Denver Post via Getty Images)

Ethics Expert on Ty Cobb’s Steakhouse Disclosures: He Blew It

When Ty Cobb joined President Trump’s legal team in July, Bloomberg News reported that he was “intended to be traffic cop, enforcer of discipline” on matters related to the ongoing investigation of Russian involvement in the 2016 election. This week, some attorneys were left wondering if that discipline applies to professional ethics. On Sunday, a New

Why Women Leave Big Law to Start Their Own Firms

Wake Up Call: Why Women Leave Big Law to Start Their Own Firms

• In a story package published on Big Law Business, reporter Stephanie Russell-Kraft interviewed more than 20 women who departed their jobs at large law firms to start their own firms, more than half of whom became partner before departing Big Law. There were significant commonalities in their stories, chief among them frustration — with what