Please don't smoke that thing while Tony's enjoying his cigar, Shia.
Tony Scott is rumored to be close to directing the adaptation of John Grisham's The Associate. From his successful "lawyers running away from things" series, The Associate is set to star Shia LaBeouf with The Departed's William Monahan on scripting duties.
This isn't confirmed yet and Scott has enough on his plate with Potsdamer Platz, Hell's Angels, and that Chippendales movie, so take the news with a grain of salt. I don't see why they really need a director for this project. John Grisham movies kind of just direct themselves. Do studios really need to pay millions upon millions of dollars to have someone say, "Okay Shia. What you're giving me right now is a light jog. I need a jaunt. Get them legs up. That's good. Okay. Now go get double-crossed by Gene Hackman." (LA Times)