Word: skadden
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Garvey allegedly traded securities using information misappropriated from his former employer, New York City-based law firm Skadden, Arps, Slate, Meagher & Flom, according to a statement by the United States Attorney of the Southern District of New York...
According to Otto G. Obermaier, U.S. attorney for New York's Southern District,three years ago Garvey and then-roommate DarrinGleeman planned to "secretly buy and sellsecurities in offshore accounts based upon theinformation Garvey misappropriated from Skadden...
...admirable effort, but the question is going to come down to state regulation versus federal regulation, and I think there's going to be a lot of debate about it," said Thomas J. Dougherty, a partner in the law firm of Skadden, Arps, Slate, Meagher & Flom. "They're going to be in and out of court...
...week, in a move that could help resuscitate the pro bono cause, the legal world's No. 1 revenue earner announced an extraordinary program to encourage lawyers to give legal aid to the needy. As a supplement to the time that its lawyers volunteer, the New York City megafirm Skadden, Arps, Slate, Meagher & Flom will establish a $10 million legal fellowship program to place 125 new law school graduates with legal-aid groups around the country over the next five years. "This fellowship is a further way for us to demonstrate that large law firms are concerned about the public...
...young lawyers will be guaranteed a salary of at least $32,500 a year for up to two years. Some will also get help in repaying their student loans. That pay is a bit under half of what an entry-level attorney at Skadden, Arps gets for tending to the needs of major corporations. But it is higher than the $25,000 or less earned by many full-time public-service lawyers. Still, even legal observers who applaud the move say it is just a first step in a nation where some surveys estimate that more than...