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Boutiques Slicing Into Big Firms' Pie
With clients under increasing pressure to manage costs and large firms favoring institutional clients in potential conflicts, dozens of boutiques have popped up offering sophisticated legal expertise at reasonable costs to clients large and small. Chaffetz Lindsey was just one of many boutiques that former big law firm partners opened in the last year. While it is too soon to measure their firm's success, the five partners who departed Clifford Chance say their gamble is working out better than expected.114 Football Players, Wives Sue NFL Over Head Injuries
Former Atlanta Falcons running back Jamal Anderson and linebacker Jessie Tuggle, who helped take the "Dirty Birds" to Super Bowl XXXIII, are among 114 professional football players and their wives who sued the National Football League as part of expanding national litigation centered around traumatic brain injuries.Cigarette Makers Lose Bid To Arbitrate Lower Payouts
A Manhattan Supreme Court judge has dealt a setback to cigarette makers in a legal battle to lower by $1 billion a year industry payments reached under a historic settlement in 1998. The makers claim an explosive growth in illegal Internet cigarette sales makes their participation in the pact unfair and say their claims could be litigated in a single arbitration proceeding. Instead, the judge said, they must proceed in a more cost-intensive, state-by-state litigation.Frankfurt Merger Hands Paul Hastings Long-Awaited German Debut
Paul, Hastings, Janofsky & Walker has made its long-awaited German debut after brokering a deal to absorb respected 27-lawyer Frankfurt boutique Smeets Haas Wolff. All five Smeets Haas partners, who focus on corporate, banking and restructuring work, will join the Los Angeles-based firm as equity partners when the combination goes live on Jan. 3. The firm had been looking to launch in Europe's largest economy since 2003.Opt-Out Parties Must Pay Class Lawyers
A federal judge has ruled that a group of plaintiffs who recently opted out of a class-action antitrust case in order to pursue their own claims must set aside a percentage of any settlement or judgment they win to compensate the team of plaintiffs' lawyers who worked on the case for more than five years.Companies fighting patent infringement claims once went three frustrating years without a single jury win in the Eastern District of Texas. So far this year, they've prevailed at trial seven times, far eclipsing the number of plaintiffs wins. What gives?
Bankruptcy Rainmaker Rejoins Weil, Gotshal
The firm's bankruptcy practice has been in decline since Harvey Miller left five years ago.Disbarred D.C. Lawyer Not Deterred by High Court Snub
Disbarred D.C. criminal defense lawyer William Borders Jr. says his battle for reinstatement of his law license will continue in spite of the U.S. Supreme Court's rejection of his case Monday. Borders, a former president of the National Bar Association, had asked the court to rule that because he was pardoned by President Clinton in 2001 of crimes he committed 22 years ago, his reinstatement as a lawyer should be automatic.Trending Stories
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