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With the filing of a new 9/11 complaint against Saudi Arabia just days before the tenth anniversary of the attacks, the plaintiffs war on terror marches on.
D.C. Firms View China With Caution
Dozens of U.S. firms have swept into the Chinese market in recent years -- 39 of the largest 250 U.S. firms have offices in Shanghai, Beijing or Hong Kong. But Washington, D.C., firms have been late to the game, with some justification. Most of the law firm money to be made stems from burgeoning corporate activity -- foreign investment, IPOs and mergers and acquisitions -- which is largely the province of big firms in New York and L.A. Still, China won't be ignored -- there's just too much money at stake.Laurene Janik, National Association of Realtors
Laurene Janik is senior vice president and general counsel of the National Association of Realtors, the nation's largest trade and professional association, with approximately 700,000 members. Based in Chicago, the association provides for professional development, research and the exchange of information among members.Microsoft Wipes Out Another Huge IP Jury Verdict
Three weeks after erasing a $358 million verdict for Alcatel-Lucent on appeal, Microsoft has escaped a $388 million verdict for Uniloc. A judge in Rhode Island vacated the award on posttrial motions by Fish & Richardson, leaving Uniloc's Mintz Levin lawyers--who took the case on contingency--in the cold, reports sibling publication The Am Law Litigation Daily.Law Firms Already Doling Out Millions for '08 Elections
Democratic Sen. Hillary Clinton has received more money from law firms and lawyers on a national basis than has any other individual candidate, having culled approximately $2.4 million from the legal profession in the current two-year election cycle. And Akin Gump Strauss Hauer & Feld leads the pack of Washington, D.C.'s richest law firms in terms of campaign contributions, having doled out $1.16 million in this election cycle so far. "Sometimes this giving is defensive," says Brett Kappel of Vorys Sater.Making Gains, But Still Far to Go
As recently as the 1970s, African-American lawyers were routinely mistaken for messengers by co-workers. Into the 1980s, women lawyers were asked to fetch coffee for male counterparts. The dozen or so minority and woman lawyers who were among the first to reach partnership status in Washington, D.C law firms all have stories like these to tell. Today, minorities account for 3.3 percent of partners in major firms in the District and women make up just over 15 percent of the city's partners.Survivors of former Philippine dictator Ferdinand Marcos' "reign of terror" represented by Kohn, Swift & Graf can't reach $42 million in assets that the tyrant shifted to a New York investment account--at least not yet, New York's Court of Appeals ruled Tuesday.
The SEC capped its investigation into Fannie Mae and Freddie Mac by charging six former executives with failing to disclose their companies' exposure in high-risk mortgages. The defendants have fired back, with one arguing that there's no standard definition for subprime loans.
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