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Headline

Knowles under pressure after DLA kept in dark over personal LawVest stake

Comment

The larger law firms, even those not as large, have fairly specific conflict of interest and disclosure rules. Either DLA did not have such rules (which is a failure in risk management policy), or the master of the universe chose to ignore the rules. In any event, if this was not the master of the universe, he would have been out the door already, and it wouldn't be a mere demotion. As to the comment that many DLA partners would not have their jobs but for the master of the universe, how severe would the infraction have to be before Nigey would be jettisoned? Lets see if the board has any b***s.

Posted date

5-Mar-2012

Posted time

11:52 am

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