In a recent Above the Law post, Kathryn Rubino points out that, on average, the 100 highest-grossing Biglaw firms (Am Law 100) increased their revenue by 6.6 percent.

In the heart of the pandemic, when thousands of the nation’s retail stores were closed, the stationery chain Paper Source paid its top seven executives a combined $1.47 million in bonuses. Now that the company is in bankruptcy, its executives are seeking an additional $1 million in potential bonuses at the same time that many of the vendors it works with — largely greeting card companies run by women — are struggling to be repaid as little as $5,000.

Lawyers working to recover money for the victims of disgraced attorney Robert Graham want more than half of the funds the trustee has on hand for legal fees, records show.

The attorneys and professionals in the Weinstein Co. bankruptcy case have received $26 million in fees thus far, considerably more than the $17.1 million that Harvey Weinstein’s victims will receive.

The attorneys and professionals in the Weinstein Co. bankruptcy case have received $26 million in fees thus far, considerably more than the $17.1 million that Harvey Weinstein’s victims will receive.

A trustee charged with recovering money for crime victims of former Las Vegas Attorney Robert Graham has spent more than four years looking for assets and filed about 500 court documents.

Purdue Pharma has developed a habit that’s hard to quit: paying out bankruptcy bonuses to top executives.

COVID-19 has impacted virtually every sector of the U.S. economy. Struggles in one sector caused ripple effects on others when stay-at-home orders halted or curtailed normal business operations. Unemployment has reached historic levels, and in April, consumer confidence dropped to its lowest point since 2014 and has yet to rebound to pre-COVID-19 levels. Hertz, Neiman Marcus and JCPenny are just some of the corporations that have already filed for bankruptcy.