Welcome

Wake Up Call: Ex-LeClairRyan CLO Gets 44 Months in Prison

Nov. 23, 2021, 1:23 PM

In today’s column, a Davis Polk report found “overwhelming evidence” that former New York governor Andrew Cuomo sexually harassed women; law firm partner classes are bigger this year, but they mostly involve promotions to non-equity partner; Skadden announced its 2022 class of public-interest fellows.

  • Leading off, a Richmond federal judge sentenced Bruce Matson, former chief legal officer of defunct firm LeClairRyan, to 44 months in federal prison and a $10,000 fine after he pleaded guilty to obstructing a federal procedure. Matson was accused of misappropriating roughly $4 million from bankruptcy trust funds he oversaw while at the firm. (Richmond.com)
  • Law firm partner classes are bigger this year as firms contend with soaring demand for their services and a shortage of talent to do the work. Nevertheless, most of the promotions are to salaried, or non-equity partner status, and making equity partner remains tough to do. (American Lawyer)
  • A Texas appeals court ruled that a lower-court judge lacked authority to order a hospital to use anti-parasite drug Ivermectin to treat a patient with Covid.-19. (Texas Lawyer)

Lawyers, Law Firms

  • Former New York Governor Andrew Cuomo got more bad news yesterday in the form of an independent report by Davis Polk & Wardwell attorneys for the New York State Assembly. The report concludes that “there is overwhelming evidence that the former governor engaged in sexual harassment.” (CNN) Former President Donald Trump’s longtime personal lawyer Michael Cohen is out of jail. (Associated Press)
  • Hogan Lovells is advising Google on its effort to get the Justice Department to investigate its new antitrust chief’s impartiality. (National Law Journal) Former New York court employee Brendan Hunt, son of a retired Queens County court judge, was sentenced to 19 months in prison for threatening government officials. (New York Law Journal)
  • A day after his acquittal on murder charges, Kyle Rittenhouse accused his former lawyers of stretching out his jail time to help them raise money. (The Daily Beast) A disbarred Tennessee attorney is going to jail after a jury convicted him of bank fraud. Prosecutors said the lawyer settled lawsuits on his clients’ behalf and kept the money. (Miami Herald)

Laterals, Moves, In-house

  • London-based boutique Signature Litigation grabbed Dechert financial services litigation partner Simon Fawell as a partner. Fawell earlier spent 12 years at Sidley Austin, including seven as a partner. He’s joining the boutique Nov. 29. (The Lawyer) Paul, Weiss recruited New York City Department of Social Services Commissioner Steven Banks to join the firm as special counsel for pro bono, Feb. 1, 2022. Banks’ appointment as commissioner ends Dec. 31; Blank Rome hired finance attorney Bradley Wolf as of counsel in Los Angeles. According to his LinkedIn profile, he arrives from Buchanan, where he was shareholder, and has been a partner at Troutman Sanders and Katten. (BlankRome.com)
  • Loeb & Loeb got Morrison & Foerster transactions partner Jessica Isokawa as a partner in San Francisco in its capital markets and corporate department. She was earlier a partner at Kirkland & Ellis; intellectual property attorney Jayashree Mitra joined Fox Rothschild as a partner in New York. A former medical writer and neuropharmaceutical researcher, Mitra was recently a partner at Zuber Lawler & Del Duca; Kutak Rock grabbed a 10-lawyer team, with expertise in environmental, land use, real estate, and public finance, in Florida-state capital Tallahassee. The office is Kutak’s 19th overall. (Kutak Rock)

Technology

  • Legal tech company Elevate released a legal-spending management dashboard as a module to its enterprise legal management platform. (Artificial Lawyer)

Legal Education

  • Skadden Arps said its 2022 Skadden Foundation class of public-interest fellows includes 28 students from 19 law schools who will be working with legal services non-profits across the country. (Skadden.com)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com

To read more articles log in.

Learn more about a Bloomberg Law subscription.