Business Development articles

The skyline of Houston Photo by Aaron M. Sprecher (Bloomberg News)

DLA Piper to Acquire 60 Lawyers in L.A. Boutique Liner

DLA Piper to Acquire 60 Lawyers in L.A. Boutique Liner

DLA Piper announced Thursday that it is merging with the Los Angeles-based boutique, Liner LLP. Liner lists approximately 70 attorneys on its website and two offices in Los Angeles, one downtown and one on the Westside, and a third office in New York. The merger does not take effect until October, and it was not yet clear

Robert Mueller, former director of the Federal Bureau of Investigation (FBI) and special counsel for the U.S. Department of Justice. Photographer: Eric Thayer/Bloomberg

Mueller Expands Probe to Trump Business Transactions

The U.S. special counsel investigating possible ties between the Donald Trump campaign and Russia in last year’s election is examining a broad range of transactions involving Trump’s businesses as well as those of his associates, according to a person familiar with the probe. The president told the New York Times on Wednesday that any digging

Martin London, of counsel at Paul Weiss, speaks about his new book with Big Law Business at his New York City office. Photo: Casey Sullivan/ BLB

Paul Weiss Lawyer Recalls Top Clients and Fighting Trump in Memoir

In recent weeks, Martin London, the onetime chair of Paul, Weiss, Rifkind Wharton & Garrison, has been making the rounds in the firm’s halls in New York to speak about his new self-published book, available on Amazon, titled “The Client Decides.” The 343-page memoir recounts various representations he made during his career as a lawyer at Paul Weiss —

U.S. President Donald Trump waves to visitors while walking to board Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, July 12, 2017. Trump's credibility took a sharp blow after his son released emails that directly contradict months of assertions that investigations of possible campaign collusion with Russia were nothing more than a partisan witch hunt. Photographer: Andrew Harrer/Bloomberg

Wake Up Call: Trump Said to Hire Hogan Lovells Lawyer

• President Donald Trump is said to have hired longtime Hogan Lovells white collar partner Ty Cobb to bring some order into the White House’s so-far chaotic legal and media response to FBI and congressional investigations into Russian meddling in the 2016 campaign. (Bloomberg) Cobb, a relative of the legendary baseball player of the same name, joins Trump’s legal

Marc Kasowitz. Photographer: Zach Gibson/Bloomberg

Wake Up Call: Kasowitz Apologizes After Angry Email Rant Leaks

• President Donald Trump’s personal attorney Marc Kasowitz apologized for an email in which he wrote to a critic, “watch your back bitch,” and “I already know where you live.” (Washington Post) The email followed calls for him to withdraw from Trump’s legal team in the Russia probes, following reports alleging that he has a drinking problem,

paper Money

Wake Up Call: Linklaters Lawyer Tied to Insider Trading Case

•  Federal authorities in Boston arrested the husband of a New York Linklaters associate, accusing him of making $120,000 of illegal trades on information he got about two corporate mergers his wife helped handle at the firm. The arrested man, Fei Yan, is a Chinese researcher at the Massachusetts Institute of Technology. Linklaters said it has suspended the

Marc Kasowitz, lawyer for U.S. President Donald Trump. Photographer: Zach Gibson/Bloomberg

Wake Up Call: Kasowitz Work for Trump Cited in Malpractice Suit

• Kasowitz Benson Torres is fighting a malpractice suit that highlights risks that the firm’s work for President Donald Trump could be used against it. A Florida insurance servicing company that Kasowitz earlier sued for unpaid bills alleges, among other things, that it was billed 154.4 hours for a single non-trial day, and it complains that it didn’t

Christopher Wray, director of the Federal Bureau of Investigation (FBI) nominee for U.S. President Donald Trump, sits during a meeting with Senator Chuck Grassley, a Republican from Iowa and chairman of the Senate Judiciary Committee, not pictured, in Washington, D.C., U.S., on Thursday, June 29, 2017. The nomination of Wray, a former Department of Justice official, will have to be approved by the Senate. Photographer: Andrew Harrer/Bloomberg

Wake Up Call: Senate to Grill Trump’s King & Spalding Pick for FBI Chief

• President Donald Trump’s pick to replace the fired James Comey as FBI chief, Christoper Wray, will get two questions repeatedly from senators at his confirmation hearing tomorrow: did Trump demand loyalty in exchange for his nomination, and can he stand up to the White House when the job requires it? (Bloomberg) Wray, who reported earning $9.2

Photo by Andrew Harrer/Bloomberg

Pemex Hires Hogan Lovells to Audit Contracts With Odebrecht

By Adam Williams and Isabella Cota, Bloomberg News Petroleos Mexicanos has hired the same legal representation used by Brazilian utility Eletrobras to audit its contracts with Odebrecht SA and affiliate Braskem SA amid an ongoing investigation into those two companies by the U.S. Department of Justice. Hogan Lovells US LLP, which for the past two

Richard Cordray, director of the Consumer Financial Protection Bureau. Photo by Andrew Harrer/Bloomberg

CFPB Issues Rule Making It Easier for Consumers to Sue Banks 

By Elizabeth Dexheimer, Bloomberg News The U.S. Consumer Financial Protection Bureau is making it easier for customers to sue banks, a move sure to rile Wall Street and congressional Republicans. Financial firms will be restricted in using mandatory arbitration to block class-action lawsuits, the CFPB said in a statement Monday. Clauses requiring arbitration to settle