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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.A Second Circuit panel considering a 9/11 widower's wrongful death suit against the Islamic State of Afghanistan found that the suit fell under a non-terrorism exception to the Foreign Sovereign Immunities Act. Will the decision allow Cozen O'Connor to revive its own 9/11 suit against the Kingdom of Saudi Arabia?
TiVo and its lawyers at Irell & Manella and McKool Smith have secured yet another settlement in their patent litigation campaign against the digital television industry. The latest TiVo foe to cut a deal is Google's Motorola Mobility unit, which faced a jury trial next week in East Texas.
Is America exporting class actions to Europe
By Heather Smith, American LawyerOn March 24, 1999, a Volvo truck carrying flour and margarine from Belgium to Italy entered the tunnel through France's Mont Blanc, Europe's highest mountain. Though no one can say precisely what happened next, one French investigation found that a lit cigarette butt may have bounced into the truck's air intake, setting off a chain reaction that ignited the engine.Will the Corporate Model Backfire on Greenberg?
With revenues up by more than 880 percent from 1996, it's understandable that Greenberg Traurig touts its business model of running like a closely held corporation. But in the wake of the firm paying millions in fines and settlements triggered by partners' imbroglios, many former Greenberg lawyers say the same qualities that yield great financial rewards -- an emphasis on profit, growth and a bureaucracy-free culture -- have allowed rogue lawyers and lobbyists like Jack Abramoff to join the firm and thrive.Townsend to Cut Pay, Go Off Lockstep
The patent firm says it will pay first-years $145,000 next year and adopt a merit-based pay system in 2011, reports sibling publication The Recorder.Philadelphia Bar Holds 27th Annual Charity Run
The 27th Philadelphia Bar Association 5K Run and Walk was held on May 21. On an extraordinarily beautiful day, Neill Clark of Berger Montague was the first to finish overall, and Stacy Creamer of New York City finished first among women.Trending Stories
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