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September 22, 2009 | Law.com

Clifford Chance's Revenues Fall in the Americas

It's been a tumultuous fiscal year for Clifford Chance, and the extent of the firm's financial troubles is clearer now with the release of its second annual report. Clifford Chance saw gross revenues fall by 5 percent, lost its status as the world's largest law firm by revenues -- a distinction that now goes to Linklaters -- and saw profits drop by a massive 37 percent. The new report shows the firm's revenues in New York, Sao Paulo and Washington D.C. slipped from $344.3 million to $265.19 million.
3 minute read
March 22, 2007 | Law.com

Fla. Appeals Court Tosses $1.58 Billion Verdict Against Morgan Stanley

A Florida appeals court threw out one of the largest verdicts in U.S. history Wednesday when it overturned a $1.58 billion judgment against financial behemoth Morgan Stanley. The decision tossed both the $604.3 million economic damages award and the $850 million punitive award handed down by a Palm Beach Circuit Court jury. The court found that an expert for billionaire Ronald Perelman did not correctly calculate the amount of damages his company suffered due to fraud allegedly committed by Morgan Stanley.
7 minute read
July 29, 2005 | Law.com

Biotech Battles SBA Funding Policy

The biotechnology industry's recent full-court press to let firms owned by venture capitalists qualify for federal small-business grants has found an ally in Dr. Elias Zerhouni, head of the National Institutes of Health. Although most NIH awards go to small biotechnology companies, an SBA judge ruled in 2003 that companies controlled by venture capital firms are disqualified. Thus, many biotech companies cannot get grants because they tend to be majority-owned by such venture capital firms.
2 minute read
January 16, 2002 | New York Law Journal

Pennie & Edmonds Gets Mild Sanction

A Southern District judge has sanctioned New York intellectual property boutique Pennie & Edmonds for turning a blind eye to a false affidavit submitted by a client.Judge Said Firm Ignored Evidence Its Client Lied
6 minute read
July 06, 2011 | New Jersey Law Journal

Judge Haley Appointed to Advisory Committee on Outside Activities of Judiciary Employees

Pursuant to Rule 1:17A-1, it is ORDERED that Judge Roger T. Haley is appointed to the Supreme Court Advisory Committee on Outside Activities of Judiciary Employees ("Advisory Committee") for the remaining portion of a two-year term effective immediately through December 31, 2012, succeeding Judge Paul Catanese on the Advisory Committee.
1 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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July 15, 2013 | The Legal Intelligencer

Drinker Discovery Subsidiary Sees Leadership Changes

Drinker Biddle & Reath's year-old e-discovery subsidiary has seen some shake-up in its leadership in recent months with the head of the subsidiary on the law firm side leaving two months after the firm hired a duo to run the e-discovery practice.
6 minute read
September 28, 2010 | The Legal Intelligencer

Pennsylvania Cities Get New Allies in Quest to Cut Costs

The woeful finances of some of Pennsylvania's midsized cities have attracted the help of some powerful business forces to work with the General Assembly to find ways to cut municipal costs.
2 minute read
October 11, 2007 | Law.com

Commonwealth Case Brings Expansion of Injury Law Full Circle

In Cinram Manufacturing Inc. v. W.C.A.B. (Hill), decided by the Commonwealth Court of Pennsylvania last month, the law regarding the expansion of an accepted description of injury has come full circle.
6 minute read
April 24, 2013 | New York Law Journal

Court Allows City's 'E-Hail' Taxi Program to Proceed

After city officials unveiled its "e-hail" program to arrange pick-ups by yellow medallion cabs, a range of livery cab groups sued to permanently put the brakes on the program.
2 minute read
August 08, 2012 | The Legal Intelligencer

ABA Panel Votes No on Accrediting Overseas Schools

The American Bar Association won't extend its seal of approval to foreign law schools anytime soon. The ABA's Council of Legal Education and Admissions to the Bar overwhelmingly voted on August 3 to withhold accreditation from law schools outside the United States.
2 minute read

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