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Samsung and its lawyers at Baker Botts refused to settle with Spanish antenna company Fractus even after nine other defendants bailed out of the case. The strategy failed for Samsung, but it worked out just fine for Fractus and its lawyers at Susman Godfrey.
Thirty-seven states are part of the settlement, which comes almost a year after the DOJ reached a similar, $520 million deal.
Law Firms Taking Equity in High-Tech Clients Stirs Ambivalence
As dot-com fever continues to rise in Silicon Alley, some of New York's oldest, largest and most conservative law firms have decided that they, too, want to be players in the new economy. Large New York firms have traditionally shied away from the risks of investing in start-ups, and the possibility of facing ethical dilemmas. But with the potential windfalls in the multimillions should a start-up prove successful, a number of New York firms have put aside their concerns and taken the plunge.Pro Bono: Public Interest Projects
Thirteen attorneys from nine law firms who worked as counsel for victims of domestic violence have been honored by Sanctuary for Families. Also, next week marks the 30th anniversary of one New York City lawyer's annual fast, and one lawyer's devotion to the cause of Oxfam America. Read these stories and more news on local pro bono efforts.Corporate Counsel Are Reaping the Benefits of Private Equity Boom
Awash in cash and business, private equity firms are rushing to hire in-house lawyers. There's no official count, but the numbers of PE corporate counsel appear to be way up -- with more increases expected. For those caught up in the new boomtown cycle, there's a palpable excitement at being the "it" lawyers of the moment, and the opportunities appear endless. Another big plus: In contrast to the typical in-house scenario, attorneys who move into private equity firms aren't sacrificing cash.Trending Stories
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