Big Law Summer Doldrums, Judge: G-R-E-E-D Isn't Good, Zoom Hires In-House: The Morning Minute
Here's the news you need to start your day.
May 08, 2020 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
SHORT SEASON – With law firms dramatically shortening their summer associate programs because of the pandemic, is it even worth the effort? David Thomas reports that among them is Sidley, which will run a four-week program in its New York office, and Kirkland, which has reduced its program to two weeks. Both firms said they're paying participants what they intended to under the longer plan. And a little summer experience is better than nothing, says Scott Westfahl, director of Harvard Law School's executive education program.
PAY – In the NFL concussion litigation, the Third Circuit has largely affirmed the allocation of $112 million in fees for the attorneys who led the effort. Max Mitchell reports the court affirmed Judge Anita Brody's allocation but also found that she failed to give a full explanation for why she awarded just $350,000 to counsel for a group of objectors. Law firms Seeger Weiss is set to receive $51 million.
GRADS – Forget graduation gowns and awkward photos with the dean. Law schools have been forced to ditch the in-person pomp and circumstance commencement routine, with many holding "virtual" affairs due to the COVID-19 pandemic, Karen Sloan reports. Some are getting creative, with slideshows and video yearbooks. Joe Biden was scheduled to speak at Columbia Law School. He'll do so remotely now.
EDITOR'S PICKS
'This Isn't a Gravy Train': The Curious Case of the Kirkland Email
Federal Judge Has a Word for Apple and Cisco: G-R-E-E-D
Baker & Hostetler Joins Ever-Growing List of Firms Cutting Pay
Embattled California Appeals Judge Says Sexual Misconduct Charges Don't Warrant Removal from Office
With Privacy Concerns Soaring, Zoom Hires Seasoned Lawyer to Focus on Government Relations
Trayvon Martin Family Lawyer Takes on Case of Ga. Man Shot Dead While Jogging
WHILE YOU WERE SLEEPING
CLOSING – U.K.-based Stephenson Harwood has decided to close its Beijing office and revamp its Hong Kong location to focus on litigation, M&A and asset finance work. Vincent Chow reports that the office lost most of its lawyers in the last two years.
WHAT YOU SAID
"I can have lunch with a plaintiffs lawyer, we can go bowling, get tattoos or get our nails done–but we can't go to a hearing. As a trial lawyer it's really frustrating."
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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