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Former Clients Sue Howrey After Alleged Patent Deal Sours
Two former clients have sued Howrey partner Michael S. Dowler and the firm, alleging breach of fiduciary duty after an alleged deal to buy a patent for $1 million went sour. The plaintiffs allege that Dowler was their lawyer in a variety of patent matters and that he brought a patent to them for potential purchase, demanded an "under the radar" verbal deal for 50 percent of net profits to be derived from the patent and breached his fiduciary duty by misrepresent[ing] the value of the patent."GM to invest $49M in Ind. plant, affecting 91 jobs
General Motors Co. is investing $49 million in its Bedford, Indiana, plant, a move that will help to create or keep 91 jobs.Judge says former Alabama governor doesn't have to pay restitution in corruption case
MONTGOMERY, Ala. AP - A federal judge ruled Monday that former Alabama Gov. Don Siegelman does not have to pay $181,325 in restitution to a state agency as part of his punishment in a government corruption case.U.S. District Judge Mark Fuller said he ordered restitution based on money the state lost in a bogus warehouse deal when Siegelman was governor.View more book results for the query "*"
Legal Aid Faces Midyear 10 Percent State Funding Cut
After Gov. Tom Corbett ordered a freeze of nearly $160 million in state spending earlier this month and requested a freeze of almost $66 million from independent governmental entities, civil legal services for Pennsylvanians too poor to afford their own lawyers are facing a 10 percent cut, or $274,000, in state funding.2nd Circuit clarifies rule for calculating fees
In a case decided with the help of retired U.S. Supreme Court Justice Sandra Day O'Connor, the 2nd U.S. Circuit Court of Appeals has used a Voting Rights Act case to clarify the proper application of the forum rule for calculating attorney fees. "Our fee-setting jurisprudence has become needlessly confused -- it has become untethered from the free market it was meant to approximate," said the appeals court. "The reasonable hourly rate is the rate a paying client would be willing to pay," the court held.GCs Working Harder but Pay Has Flattened, Experts Say
As more legal work moves in house and businesses wrestle with more corporate governance requirements, it's logical that the chief legal officer's importance to a corporation would be greater than ever. But increased value won't necessarily be showing up in paychecks. In most cases, general counsel pay this year will be flat at best, according to consultants and professionals who know the market. GCs have not lost their value, says Richard M. Rice of firstPRO Inc., but companies have lost resources.On-Campus Recruiting Up But Not Summer Hiring
The average summer associate class size remained at eight, matching the previous year's historic low.Trending Stories
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