December 09, 2005 | Law.com
More Law Firms Announce Associate BonusesSkadden, Arps, Slate, Meagher & Flom is set to announce bonuses for its associates ranging from $15,000 to $60,000 -- figures in line with those previously announced by other major New York firms. Earlier this week, Milbank, Tweed, Hadley & McCloy and Clifford Chance announced they would each pay bonuses starting at $30,000 for first-year associates and ranging up to $60,000 for senior associates.
By Anthony Lin
1 minute read
July 23, 2008 | Law.com
Law Firms Held Liable for Fees in 'Tissue of Lies' Patent SuitA New York federal judge has ordered a patent holder and his lawyers to pay attorney fees for bringing an infringement suit based on "nothing more than a tissue of lies." Judge Paul A. Crotty invalidated Irving Bauer's patent, writing that he refused to believe that Bauer, "lacking any training or experience in the field, and equipped only with curiosity and pluck, was able to successfully design around the industry standard."
By Anthony Lin
3 minute read
December 06, 2005 | Law.com
Cravath Reveals Bonus Figures, While Kenyon Raises Associate SalariesCravath, Swaine & Moore will pay year-end bonuses ranging from $30,000 for first-year associates to $60,000 for senior associates, according to a memo circulated at the firm Monday. In a separate move, the New York intellectual property boutique of Kenyon & Kenyon announced last week it was increasing associate base salaries, with first-years set to receive $135,000.
By Anthony Lin
1 minute read
March 17, 2003 | New York Law Journal
Dewey Ballantine's Hong Kong Office Closes With ControversyBy Anthony Lin
4 minute read
August 08, 2007 | Law.com
Lack of Retainer Leads Court to Order Firm to Return Fees Beyond ContingencyLawyers whose original retainer agreement only said they would get a one-third contingent fee must disgorge additional fees collected for an appeal and collateral litigation, a New York judge has ruled. After being assaulted by a bartender, Omar Siagha got a $1.7 million judgment, from which his attorneys took a fee of about $870,000. The judge granted summary judgment on a motion to have the fees disgorged beyond one-third of the award, but she denied a motion to have the lawyers disgorge the entire fee.
By Anthony Lin
3 minute read
August 02, 2010 | The American Lawyer
Gibson Dunn Opens in Hong Kong with Focus on LitigationThe decision to open in Hong Kong reflects the growing belief among international firms that litigation groups in Asia are set to take off.
By Anthony Lin
3 minute read
October 13, 2009 | The American Lawyer
The Recession's Not Over for China's Law FirmsJun He Law Offices recently rolled back the austerity measures it introduced earlier this year, but Chinese firms remain cautious. Why hasn't China's strengthening economy spurred more optimism?
By Anthony Lin
3 minute read
September 27, 2007 | National Law Journal
Former Attorney General of U.K. Joins Debevoise & PlimptonThe former attorney general of the United Kingdom has joined New York's Debevoise & Plimpton as the firm's London-based head of European litigation. Peter Goldsmith, who served as the chief lawyer for the British crown and government from 2001 until June, said in an interview that the fact that it was an American rather than a British law firm had not been important to him. "The key part for me is that this firm understands problems need to be dealt with on a global basis," said Goldsmith.
By Anthony Lin
2 minute read
July 15, 2005 | Law.com
Court: No Jurisdiction Over Client Retained Via E-MailA New York judge has ruled that her court cannot exercise personal jurisdiction in a fee collection suit brought by a New York law firm against its former client, a South Korean company. The firm had argued that the company's hiring of the firm and subsequent communications via telephone and e-mails provided sufficient contacts for New York courts to exercise jurisdiction, but the judge said such communications did not show the company transacted business in the state as required by the long-arm statute.
By Anthony Lin
3 minute read
May 19, 2010 | Law.com
Law Firm Inks $852 Million Outsourcing DealLegal process outsourcing company Integreon has entered into what it describes as the largest legal outsourcing deal ever, worth $852 million over 10 years, with British law firm CMS Cameron McKenna. CMS employees whose "middle office" duties are covered by the deal will continue with their jobs but will draw their paychecks from Integreon rather than from the law firm. CMS Cameron's openness about both the price tag and the deal itself marks a departure from law firms' more typical habit of outsourcing on the down low.
By Anthony Lin
2 minute read
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