How top Wall Street law firms became a pipeline for insider trading
Deal advice has evolved into a huge legal business but leaves firms vulnerable to misuse of confidential information
Related reading
We should make insider trading a thing of the past
Laws don’t work — transparency and technology are the answer
US prosecutors charge 30 with insider trading on law firm deal materials
Justice department says lawyers from elite Wall Street firms aided scheme with confidential transaction details
Trading firm Jane Street doubles revenues to $40bn
Record haul surpasses investment banks which once dominated Wall Street
Big companies tell investment banks to stop leaking their UK takeover deals
Clients asking banks to review number of staff that have to be informed about live transactions
The law firm that shaped Wall Street and the world
With fewer than 300 lawyers, Wachtell racked up bumper profits and exercised outsize influence. Now its model is being challenged…
Law firm Cohen & Gresser in talks to sell stake to private equity
New York firm that represented Sam Bankman-Fried and Ghislaine Maxwell would be among first to bring in investors