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Reserve Sues Two Law Firms for Malpractice

Reserve Management Co. Inc., a major money-market fund company which has already been sued for fraud by the Massachusetts' secretary of the commonwealth, but the two cases seem to be unrelated. Reserve claims that while being advised by Dechert LLP, from 1997 to 2002, the firm failed to inform them of new SEC regulations that made the composition of their board invalid. Reserve claims the same for K&L Gates, who advised Reserve from 2003 to 2005. After having employed new counsel and being informed their board was outside regulations, Reserve made all necessary changes, which cost them $4 million, which they are now suing Dechert and K&L Gates for, plus damages.

Palo Alto
Palo Alto office seeks a litigation support coordinator with 3+ years of experience with legal technologies, including at least 1 year in an advisory capacity, preferably in a law ....



Daily Job Search Advice from the CEO of Law Firm Staff


Harrison Barnes, Founder and CEO, Law Firm Staff

If My Boss Gets Mad at Me or I Get a Poor Review, Does This Mean I Should Look for a New Job?
Harrison Barnes | Dated:03-18-2010

Fortunate are the people who find themselves in situations where their bosses are demanding of them.  I say this in all seriousness and for several reasons.  At the outset, I want to caution you this article is not for the faint of heart. It’s for individuals who take their careers and lives seriously.  You have chosen [...] Related posts:
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