By Riley Brennan | May 31, 2024
In a dispute arising out of nonpayment for 1 million bottles of hand sanitizer to be delivered to Reach's customer, Five Below, the U.S. District Court of Minnesota granted summary judgment for brands in the amount of $89,072.64, and $185,000 for attorney fees for Felicia J. Boyd, a partner and head of IP brands, and Jaime Wing, a senior associate at Norton Rose Fulbright in Minneapolis. The Eighth Circuit reversed the attorney fee award.
By Colleen Murphy | May 29, 2024
"The writing requirement's purpose to avoid misunderstanding is well illustrated here," the opinion said. "As the judge found, the situation was 'very unfortunate' for plaintiff and defendants, as both suffered 'damages.' Plaintiff, however, failed to meet its burden of substantiating the attorney's fees demanded against defendants under the breach of contract or quasi-contract theories."
The American Lawyer | Commentary
By Paul Hodkinson | May 28, 2024
What we need, writes the Global Lawyer, is a market peak: a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse.
By Paul Hodkinson | May 27, 2024
What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
Delaware Business Court Insider
By Chris O'Malley | May 20, 2024
The case in Delaware Court of Chancery alleged the company's process of negotiating and approving the transaction via a special committee was designed to benefit Chairman and CEO Michael Dell and Silver Lake.
By Maria Dinzeo | May 16, 2024
Legal department attorneys received modest pay increases over the past year after median pay dropped 3% between 2022 and 2023, according to search firm BarkerGilmore's 2024 In-House Counsel Compensation Report.
The American Lawyer | Analysis
By Patrick Smith | May 7, 2024
The Second Hundred trailed the Am Law 100 in almost every financial metric, but much of that could be attributed to building for the future.
By Andrew Maloney | April 30, 2024
Law firm profit margins will decrease because "AI disproportionately impacts non-partner hours," the hours yielding the highest margins, noted a Law.com Pro Fellows report.
By New Jersey Law Journal | April 15, 2024
It's that time of the year where we ask you to submit firm data for our annual survey.
By Benjamin Tracy | April 4, 2024
A discussion of 1643 First LLC v. 1645 1st Ave. LLC, issued by the Appellate Division, First Department which attempts to reconcile conflicting decisions about a petitioner's obligation to reimburse a respondent's professional fees in a proceeding held pursuant to Section 881 of the RPAPL. The article analyzes the history of these fees including when they are needed and how counsel can avoid a trial court denying a professional fee reimbursement request.
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