Insider Charges Threaten Big Law Image
Elite M&A lawyers accused of aiding a massive insider-trading ring show how Big Law firms risk reputational harm—and renewed scrutiny of their hiring and internal controls—when their talent is accused of serious crimes, Eric Killelea and Roy Strom report.
The charges also raise questions about how the three lawyers at the center of the ring got hired at seven different Big Law firms over the course of their alleged crime spree, Justin Henry and Eric report. Recruiters say it could make hiring practices more stringent in the future.
“A little skepticism about ...