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Federal judge keeps BP litigation moving
Less than two years after the Deepwater Horizon rig exploded, killing 11 workers and pouring millions of gallons of oil into the Gulf of Mexico, more than 500 lawsuits have been filed against BP Plc and other defendants. Consolidated into one of the largest multidistrict litigation proceedings on record, the claims are moving toward trial at astonishing speed, considering their complexity.The $1 billion jury verdict that Lombardi won for Monsanto on Wednesday against bitter rival DuPont was the biggest of the year--and the fourth largest ever in a patent case.
Jeffrey Epstein's attorneys fight to keep plea discussions private
Three attorneys who represented sex offender Jeffrey Epstein have filed a motion to intercede in a lawsuit seeking to nix the one-time Palm Beach billionaire's nonprosecution agreement with the federal government.Distractions Aside, Cravath's M&A Engine Keeps Humming
Despite seeing a rising star leave and a former top rainmaker opt to join a rival Am Law 100 firm, Cravath, Swaine & Moore's storied M&A practice is on a hot streak of late, taking on key transactional roles for clients Archer Daniels Midland, Lagardere, Life Technologies, Lindsay Goldberg, and Lender Processing Services.D.C. Metro Area's Largest Law Offices
The Legal Times 150 provides a snapshot of the size of the D.C.-area legal community in 2005 by listing the number of lawyers in the largest law offices in the District of Columbia, Northern Virginia, and suburban Maryland.Climate Work Heating Up at Law Firms
A growing number of major firms are creating a climate change brand, with Skadden, Arps, Slate, Meagher & Flom being the latest -- this week it was scheduled to launch a 23-lawyer group specifically devoted to climate change issues. "The whole area is changing," says Kenneth Berlin, who will head the group. "The area is developing so quickly now that it now merits a practice area." But unlike other fleeting law firm trends -- remember those Y2K practices? -- there appears to be real work to be done here.Judge OKs Davis Settlement in Dewey Bankruptcy
Just over a year after Dewey & LeBoeuf capped the largest firm failure in history by filing for Chapter 11 protection, a U.S. bankruptcy judge in Manhattan has approved a $19.5 million settlement of mismanagement claims between Dewey's liquidating trustee, former chairman Steven Davis, and the firm's professional liability insurer. The settlement's approval comes as some former Dewey partners have begun making their way back onto the lateral market.Lawyer Sued by Foundation Over Alleged Role in Ponzi Scheme
Law Firm Leaders Have Mergers On The Mind
When the history of the modern law firm gets written, one of the key turning points will be the advent of the professional executive directors or as they're now known, the chief operating officers.IP Litigation: Poised for Takeoff?
The top firms in IP Law & Business' seventh annual patent litigation survey showed a slight bump up in work last year, but lawyers are already bracing themselves for a new wave of patent litigation following the U.S. Supreme Court's decision in KSR v. Teleflex. Combined with the justices' other recent patent rulings and the potential for patent reform in 2007, the litigation landscape has suddenly been transformed into uncharted territory. Are these chart-topping firms ready for the journey?Trending Stories
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