Legal Industry articles

Photographer: Craig Warga/Bloomberg

Wake Up Call: Law Firm Sexual Harassment Case was Silenced by NDA

Wake Up Call: Law Firm Sexual Harassment Case was Silenced by NDA

• Non-disclosure agreements can prevent sexual harassment cases from seeing the light of day. That happened when a first-year associate at a Manhattan law firm brought her complaint of sexual harassment to the managing partner, reports Rebecca Greenfield of Bloomberg News. The associate’s male boss, the source said, had told her to take off her clothing. After

Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Appropriations Subcommittee hearing in Washington, D.C., U.S., on Tuesday, June 27, 2017. Photographer: Andrew Harrer/Bloomberg

SEC Commissioner Nominees Scheduled for Senate Hearing

By Rob Tricchinelli, Bloomberg BNA  The Securities and Exchange Commission is one step closer to having a full complement of commissioners now that the Senate Banking Committee has scheduled an Oct. 24 hearing for nominees Hester Peirce and Robert Jackson. Peirce is a senior research fellow at George Mason University’s Mercatus Center and Jackson is

The Prudential Financial Inc. building stands in Newark, New Jersey, U.S., on Wednesday, March 9, 2016. Photographer: Ron Antonelli/Bloomberg

Meet Akin Gump’s New Diversity Chief, Hired from Prudential

Akin Gump has hired Michele Meyer-Shipp, former chief diversity officer of Prudential Financial, as the firm’s first chief diversity and inclusion officer. The hire makes Akin Gump the latest Big Law firm with a dedicated diversity officer, a role that has gone from obscurity to near-ubiquity in the legal industry over the past ten years. Earlier

Photo by Alvaro Hurtado/NurPhoto via Getty Images

Law Firms, Regulators Keep Eye on Big Four Move to Legal Services

By Steve Burkholder, Bloomberg BNA The Big Four accounting firms’ moves into legal consulting services are capturing the attention of law firms wary of stronger competition and U.S. regulators keen to prevent such services from violating auditor independence rules. The announcement last month that PricewaterhouseCoopers LLP launched its own branded law firm, ILC Legal LLP,

MIAMI - FEBRUARY 02: A judges gavel rests on top of a desk in the courtroom of the newly opened Black Police Precinct and Courthouse Museum February 3, 2009 in Miami, Florida. The museum is located in the only known structure in the nation that was designed, devoted to and operated as a separate station house and municipal court for African-Americans. In September 1944, the first black patrolmen were sworn in as emergency policemen to enforce the law in what was then called the "Central Negro District." The precinct building opened in May 1950 to provide a station house for the black policemen and a courtroom for black judges in which to adjudicate black defendants. The building operated from 1950 until its closing in 1963.  (Photo by Joe Raedle/Getty Images)

Class Suits Against Shuttered Law School Consolidated

By Perry Cooper, Bloomberg BNA  Class actions alleging now-defunct Charlotte School of Law defrauded students by misrepresenting its accreditation status will be combined for pretrial purposes, a federal court said. “It is hard to imagine a group of cases where consolidation of merits discovery would be more appropriate than the actions herein,” Judge Graham C.

Justin Kan, co-founder of Atrium, speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Thursday, Sept. 14, 2017. Photographer: David Paul Morris/Bloomberg

Silicon Valley Big Wig Targets the Legal Market

This summer, serial entrepreneur Justin Kan set his sights on disrupting the legal profession. Kan famously sold Twitch — where people can watch other people playing video games — to Amazon for $970 million in 2014. More recently, he was a partner at Y Combinator, a tech incubator that earned a reputation for spotting disruptive companies

Photo by Susan Goldman (Bloomberg News)

Lathrop Gage Hires L.A. Leader from Proskauer

Kansas City-based Lathrop Gage LLP announced yesterday that Nancy Sher Cohen, formerly a partner and co-head of Proskauer Rose’s Insurance Recovery and Counseling Group, will serve as the partner-in-charge of Lathrop’s Los Angeles office. Cohen, who was also named the leader of Lathrop’s Policyholder and Insurance Coverage practice, said she chose the firm because of

Photographer: Andrew Harrer/Bloomberg

Morgan Lewis Attorney Named Acting Head of Wage Hour Division

By Ben Penn, Bloomberg BNA, and Josh Eidelson, Bloomberg News The Labor Department has installed Bryan Jarrett from management firm Morgan Lewis as acting administrator of the Wage and Hour Division, according to an internal DOL email obtained by Bloomberg News. Jarrett, who practiced labor and employment law in Morgan Lewis’s Orange County, California, office,

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