Practical Risk Management: Client Investments by Lawyers and Law Firms

Posted March 6, 2016; ©David Jargiello 2016 All Rights Reserved. “Wilson, Sonsini and the Venture Law Group were staggering. Predictably, these portfolios became recruitment and retention devices designed to attract lawyers and keep them from choosing in-house jobs, positions with investment banks, or venture capital firms.” Langevoort (When Lawyers and Law Firms Invest in Their Corporate… Read More

Dewey Defeats Truman

This piece was initially posted on Tumblr on April 1, 2012; it is reposted here. ©David Jargiello 2012-2016 All Rights Reserved. So read the (in)famous banner headline of the Chicago Tribune on November 3, 1948.  “Truman,” of course, is Democrat Harry Truman, successfully reelected for a second term in office.  Nearly forgotten today is the “Dewey” of newspaper… Read More

Tulips, Buggy Whips, the Blue-Plate Special, and Various Other Deep Thoughts on the Law

This piece was initially posted on Tumblr on February 18, 2012; it is reposted here. ©David Jargiello 2012-2016 All Rights Reserved. “All said, not a bad year …” Really? To be fair, here’s the whole quote from Citi Private Bank: “All said, not a bad year and we suspect likely to be the new definition of a… Read More

Pecking Order: Law Firm ‘Partner’ or Law Firm ‘Employee’?

This piece was initially posted on Tumblr on December 19, 2011; it is reposted here. ©David Jargiello 2011-2016 All Rights Reserved. Interesting case, correctly decided I think, regarding the question of whether a law firm partner is an employee for purposes of anti-discrimination laws (see Weir v. Holland & Knight LLP / Order). Some lessons that I pull… Read More

Ruden McClosky: Another Day, (NOT Just) Another Law Firm Merger

This piece was initially posted on Tumblr on December 14, 2011; it is reposted here. ©David Jargiello 2011-2016 All Rights Reserved. After a hiccup in the law firm merger business in 2010 (with only 39 deals reported that year), business is booming. With last week’s absorption of Howard Rice into Arnold & Porter and Holme Roberts & Owens… Read More

Alternative Litigation Finance; The Draft Report of the ABA’s Commission on Ethics 20/20

This piece was initially posted on Tumblr on December 9, 2011; it is reposted here. ©David Jargiello 2011-2016 All Rights Reserved. Perilous topic, terrific overview. Consistent with prior ethics opinions in New York, Kentucky and Florida, the ABA’s Draft White Paper on Alternative Litigation Finance concludes that such transactions are not improper provided that attorneys “approach [them] with care, mindful… Read More