Tag Archives: wake up call

Google headquarters in Mountain View, California | Photographer: Michael Short/Bloomberg

Wake Up Call: EU Slaps Google with $3 Billion Antitrust Fine

Wake Up Call: EU Slaps Google with $3 Billion Antitrust Fine

• Google got hit by a record $3.04 billion antitrust fine from the European Union today for promoting its own shopping search service over those of smaller rivals. (Bloomberg) Clifford Chance, for complainants, and Cleary, Gottlieb, Steen & Hamilton, for Google, led in the case. (The Lawyer) Google has had seven years of run-ins with European Commission antitrust authorities. (Bloomberg)

Nemo (Pixabay)

Wake Up Call: Baker McKenzie is Largest U.S.-Centric Firm

• Baker McKenzie’s 4,607 attorneys worldwide made it No. 1 again this year on the National Law Journal’s latest report ranking the top 500 U.S.-centric law firms by headcount. The report said average firm size for the year was 327 attorneys, up about 2 percent from last year’s 320. But it cites significant “volatility,” noting the difference

The Caesars Entertainment Corp.'s Caesars Palace hotel stands in Las Vegas, Nevada, U.S., on Thursday, Aug. 6, 2015. More than 21 million people have visited Las Vegas in the first half of 2015, about 1.5 percent more than a year ago when the destination recorded more than 40 million travelers for the first time according to tourism officials. Photographer: David Paul Morris/Bloomberg

Wake Up Call: Big Firms Still Earning Millions from Caesars Bankruptcy

• Caesars Entertainment Operating Corp got a bankruptcy court’s okay in January to close out the Chapter 11 case it started in January 2015. But Kirkland & Ellis, Jones Day and Proskauer Rose are still raking in millions in fees for their work on the case. (Am Law Daily) • When George Clooney and business partners made a deal to

Photo by Craig Warga (Bloomberg)

Wake Up Call: Cravath Tops Law Firms on ‘Prestige’ Ranking

• Cravath, Swaine & Moore stayed atop the Vault 100 prestige rankings for law firms for a second-straight year, as law firm “associates clearly haven’t forgotten that the firm is responsible for industry-wide associate raises last year.” to $180,000. Wachtell, Lipton, Rosen & Katz, which Cravath supplanted at No. 1 last year, stayed at No. 2

Photographer: Sergio Flores/Bloomberg

Wake Up Call: Chevron Seeks $32 Million in Legal Fees From NY Lawyer

• After Chevron Corp. notched a big win at the U.S. Supreme Court Monday, the energy giant’s Gibson Dunn attorney Randy Mastro is asking a federal court to force the lead lawyer for Ecuadorian villagers to fork over $32 million to cover the company’s attorneys’ fees. The Supreme Court declined to take up a case that began with an effort to hold the

Signage is seen on a catering vehicle outside a Whole Foods Market Inc. location in Willowbrook, Illinois, U.S., on Friday, June 16, 2017. Photographer: Daniel Acker/Bloomberg

Wake Up Call: The Law Firms on Amazon’s Purchase of Whole Foods

• Amazon.com Inc. announced plans to buy the high-end organic grocery company Whole Foods Market Inc. in a $13.7 billion deal. Among four Big Law firms involved in the deal, Wachtell, Lipton, Rosen & Katz advised the Austin-based grocer and Sullivan & Cromwell advised Seattle-based Amazon. (Am Law Daily) • Big investment banks with workplace legal problems often

A logo sits on a window inside the offices of Uber Technologies Inc. at Factory Berlin tech hub in Berlin, Germany, on Monday, May 9th, 2016. Uber will start its low-cost UberX service in the German capital next month, according to reports. Photographer: Krisztian Bocsi/Bloomberg

Wake Up Call: Covington Report Means More Work for Uber Lawyers

• A Texas woman who was raped by an Uber driver in India is suing Uber Technologies Inc. in U.S. court, accusing company executives of “rape denial” and violating her medical privacy. The Jane Doe lawsuit, filed by Wigdor LLP, comes as Uber CEO Travis Kalanick takes a leave of absence and his close confidant and business head, Emil Michael,

Robert S. Mueller, Director of the FBI testifies before the Senate Judiciary Committee Committee in Washington, DC, June 6, 2002. Photographer:  Dennis Brack/ Bloomberg News.

Wake Up Call: Robert Mueller’s ‘Dream Team’ of Lawyers and Prosecutors

• Norton Rose Fulbright and Chadbourne & Parke said they are working to resolve unspecified “client conflicts,” but sources at both firms said the merger has not been delayed. Chadbourne has lost several lawyers since the deal was announced and is also fighting a former partner’s $100 million gender bias suit. (BLB) Yesterday, a Manhattan federal

Signage stands outside of the Herbalife Ltd. Plaza in Torrance, California, U.S., on Sunday, May 1, 2016. Herbalife Ltd. is scheduled to release earnings figures on May 5. Photographer: Patrick T. Fallon/Bloomberg

Wake Up Call: Herbalife Names New Acting GC

• Nutrition and supplement company Herbalife Ltd. is reported to have demoted its now former general counsel, executive vice president, and secretary, Mark Friedman, who signed the company’s $200 million settlement last year with federal regulators over allegations that it deceived customers. The company appointed Rick Werber acting general counsel, while moving Friedman to work on “special projects.” (General