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Amid Plaintiff Tug-of-War, $40 Million Merrill Settlement Gets Preliminary OK
Publication Date: 2012-09-19
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Lawyers pressing FINRA arbitrations over Bank of America's Merill takeover aren't happy about a federal class action settlement on behalf of former Merrill advisers with the same claims.

June 28, 2006 | Law.com

Midsize Firm Steefel Regroups as Partners Depart

Steefel, Levitt & Weiss, a midsize San Francisco-based firm known for its real estate practice, has lost 11 partners since January 2005, including two who announced this week they're leaving for Reed Smith. But the 65-lawyer firm is working on building itself back up. "The size that I think Steefel can do a good job at is a firm of 110 to 125 lawyers," says Chairman Barry Lee. Observers say midsize regional firms like Steefel can prosper indefinitely, as long as they can retain or replace big-book partners.
8 minute read
May 05, 2000 | Law.com

Razor Sharp

Is life as a dot-com lawyer all that different? It's faster, for starters. Outside firms know that they've got to come up with answers in hours, not days. Then there's the field trip to Las Vegas with hundreds of twenty-somethings. Corporate Counsel magazine chatted with superbright Razorfish general counsel Michael Simon and heard all about it.
12 minute read
December 27, 2005 | Law.com

3rd Circuit: EPA May Charge for Cleanup Oversight

Toppling one of its own precedents, an en banc panel of the 3rd Circuit has ruled that the U.S. Environmental Protection Agency has the right to recover costs it incurs in supervising the cleanup of a hazardous waste site even if the cleanup is conducted entirely by responsible private parties. Chief Judge Anthony J. Scirica noted that, in the years since the court's Rohm & Haas ruling, every other federal appellate court to address the issue has "either questioned or rejected our holding."
7 minute read
Second Circuit Upholds Mandatory Arbitration in Goldman Sex Bias Case
Publication Date: 2013-03-21
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Goldman Sachs has endured a long losing streak in a sexual discrimination class action brought by three former female employees back in 2010. But the bank's lawyers at Paul Hastings and Sullivan & Cromwell finally caught a break Thursday in a key decision for Title VII defendants.

September 15, 2006 | The Legal Intelligencer

Payback: Pa. Justices Reinstate Judicial Raises

In a 100-page decision sure to be welcomed by the state's benches, a five-justice majority of the Pennsylvania Supreme Court has ordered the reinstatement of the judicial pay raises repealed last year when voter anger erupted over the general pay increase engineered by the legislature last summer.
7 minute read
Four Pharmaceutical Companies to Pay $124 Million to Settle FCA Claims
Publication Date: 2009-10-19
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As the Obama administration pushes for health care reform, the Justice Department is sending out the message that it's cracking down on fraud by the pharma industry. Meanwhile, a frequent whistle-blower and its law firm will reap more than $10 million.

June 24, 2004 | Law.com

Courting Shell

When Shell Oil held a beauty contest last year to pick a group of "strategic partners" -- a small nucleus of firms that would handle most of its legal work -- a key factor in the Houston-based company's selections was serious, provable commitment to diversity at all levels of a firm's hierarchy. Shell's move signals a market change: Clients are pushing for diversity, and the business case for it is becoming clearer.
12 minute read
September 14, 2009 | Law.com

Closed Compensation: The Secret to Jones Day's Success?

There's a lot of things Jones Day doesn't do. It doesn't tell its partners what other partners make, it doesn't issue profit figures, it doesn't pay bonuses, it doesn't let partners vote on who will head the firm, it hasn't conducted mass layoffs and it doesn't pay associates in lockstep. One thing it is doing is growing, quickly. While some out-of-town firms have struggled to gain a foothold in the Bay Area, Jones Day has grown from a couple of dozen lawyers there in 2003 to 137 today.
9 minute read
October 09, 2006 | New Jersey Law Journal

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9 minute read

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