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Archive for category Legal Malpractice

Pardon Me, Can You Pass The Gray Poupon?

The world’s largest and wealthiest law firm, DLA Piper with over 4000 lawyers, chartered a cruise ship for a 5 day European extravaganza. Who pays for that? Clients of course. The full story appears on our sister Guerrilla Law Firm Blog; a place where poke fun at the extravagance and arrogance of BigLaw and look [...]

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Dead Lawyer Jokes? (Virtual / Boutique Law Firm Post)

by Brian Mahany This post appears on our sister publication, Guerilla Law Firm Blog. Click here to read this and other entertaining stories about the legal profession and the future of law.

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Who’s Guarding The Hen House? Accounting Malpractice Post

by Brian Mahany Two of the biggest brokerage industry failures last year were Peregrine Financial Group and MF Global Holdings. In August of last year we covered the Peregrine story after the firm’s CEO attempted suicide and left a note confessing to a massive theft from customers. At that time, we questioned why the firm’s [...]

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PA Supreme Court Refuses To Dismiss $500 Million Legal Malpractice Suit

by Brian Mahany Earlier this week the Pennsylvania Supreme Court refused to dismiss a $500 million legal malpractice case against AmLaw 100 firm, K&L Gates. That decision paves the way for the case to head to trial. The firm was sued years ago by a bankruptcy trustee on behalf of Le-Nature, Inc. The company filed [...]

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Bad Economy? Don’t Tell The Lawyers!

by Brian Mahany [Ed. Note: This post appeared on our sister law practice management blog, Guerilla Law Firm Blog. Check it out and visit often for stories examining the high cost of legal services, the trend away from traditional law firm models and the future of law.] The National Law Journal conducts a yearly survey [...]

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Legal Fees Marked Up 2000%?

by Brian Mahany [Ed. Note: This post, and may just like it, appeared in our sister Guerilla Law Firm Blog. That site looks at the practice of law. It also explores the benefits in expertise and costs that law firm boutiques and virtual firms offer. Bookmark that site and visit often!] There have been plenty of [...]

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Former CPA Gets 3.5 Years in Prison, $100 Million Restitution For Tax Evasion Role

by Brian Mahany A former CPA and banker at Deutsche Bank AG was sentenced to 3-1/5 years and ordered to pay $115,700,000 for his role in helping clients evade taxes. David Parse will have to serve about 3 years before eligible for early release. He was convicted of mail fraud and obstruction charges. Prosecutors say [...]

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State Approves Payments To Legal Malpractice Victims

by Brian Mahany While everyone makes mistakes from time to time (including attorneys), civilized society has no room for thieves. This is especially true for lawyers who take an oath of office to uphold justice. Earlier today, the Wisconsin Lawyers’ Fund For Client Protection Committee announced that 17 victims were receiving checks from the state [...]

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Rich vs. Poor (Corporate Fraud Blog)

by Brian Mahany As the Dow Jones industrial index pushes new highs and comes off the longest winning streak in 17 years, I paused to think today why our phones continue to ring off the hook with new fraud claims. When the markets and economy collapsed in 2007 & 2008, many Ponzi schemes were exposed. [...]

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