Media Monitor
April 16, 2015
A digest of the week’s news of note:
From the most buzz-worthy and blogged-about, to the leading business, innovation and legal industry headlines.

Legal Education/Careers

 

 

 

Corporate Counsel

 

 

 

 

 

 

 

 

 

Compliance

 

Firms

  • Survey Sees Slight Dip in Confidence Among Firm Leaders: Law firm managing partners' confidence in the first quarter dropped to the levels of last year's third quarter thanks to lower expectations for economic and legal industry growth, according to Citi Private Bank Law Group. (AL, 4.14)

 

  • Under ABS Structure, Cahill Makes London Litigation Debut: Cahill Gordon & Reindel officially launched an English law litigation practice in London after hiring Shearman & Sterling partner Richard Kelly. The announcement comes with a twist: U.K. regulators approved Cahill's application to become the first major U.S. firm in London to be licensed under an alternative business structure. (AL, 4.13)

 

  • Pastures new at Freshfields: The senior partner race at Freshfields will be fascinating to watch. The magic circle firm is widely recognised to be the only UK outfit to have built a credible top-level US presence, but with increasing competition among the global elite, the new senior partner will need to be an effective ambassador. (TL, 4.15)

 

 

Legal Education/Careers

 

Law Firms/Lawyers/Corp Counsel

 

 

Wall Street/PE/VC

 

  • Ex-Freddie Mac Leaders Reach Deal With S.E.C.: A judge approved an unusual resolution to the federal case against the mortgage giant, with the S.E.C. and Freddie Mac agreeing “no party is the prevailing party.” (NYT, 4.15)

 

  • Deutsche Bank Nears Plea Deal Over Libor Manipulation: A long-running investigation into Wall Street’s manipulation of interest rates is heading into a stark final chapter as authorities around the globe push Deutsche Bank to pay a record penalty and accept a criminal guilty plea for the unit at the center of the case. (NYT, 4.10)

 

Antitrust

 

 

Additional Legal News

  • Retailers Under Fire for Work Schedules: New York’s attorney general is scrutinizing 13 big retailers over their staffing practices and whether they require workers to show up or stay home with little notice. (WSJ, 4.13)