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Political turmoil makes work for lawyers
Wisconsin's attorneys have been contributing money and effort on behalf of the state's warring factions.
Suits Charge Big Tobacco Fixed Prices
To fund costly legal settlements, tobacco companies have fixed cigarette prices, in violation of antitrust laws, two federal suits allege. Two convenience store chains with outlets in Georgia, Alabama and Florida also have accused five tobacco companies of artificially restricting the supply of cigarettes, according to the suits filed in U.S. District Court in Atlanta.
Hiring more deeply into top schools
A bigger percentage of students graduating from top law schools in 2007 took jobs at NLJ 250 law firms than those graduating in 2006. Columbia Law School took the top spot again this year, sending nearly 75% of its graduates to NLJ 250 law firms.
Bankruptcy Lawyers Adjust to Drought
An improving economy isn't good news for everyone. With fewer businesses going broke, the pace of traditional work for bankruptcy lawyers has slowed considerably -- for now. Industry experts say a big reason is that money is flowing more freely, especially from hedge funds and private equity groups, helping to keep businesses afloat. But bankruptcy lawyers are evolving, and some even say the rivers of money may run dry in the near future -- meaning an end to the drought for bankruptcy practitioners.Forced Release Forms Signed by Allstate Agents Are Voidable
A release that 6,200 sales agents for Allstate Insurance Co. were required to sign is voidable because it prohibited them from filing complaints with the EEOC, a federal judge has ruled. Agents were given the option of changing their employment status to "independent contractor" or losing their jobs. If a sufficiently large number decide to rescind the releases, the group may apply for class certification, the judge concluded.Looming Delta Bankruptcy Could Mean Millions in Legal Fees
With a potential Chapter 11 filing in the offing, Delta Air Lines' business woes could generate more than $100 million in professional fees, with more than half going to attorneys. But the question of just which lawyers will benefit depends on how Delta allocates its legal work and, to some degree, on where it files. "If we have a relationship with a firm, we would feel free to use them regardless of where the proceeding was," says Walter A. Brill, the airline's deputy general counsel.
Ingredients in the Whole Foods, FTC Settlement
As corporate mergers go, the purchase of natural foods grocer Wild Oats by its rival Whole Foods Market looked like small potatoes (organic yellow fingerling, perhaps). Nobody expected the proposed $565 million acquisition to spark a food fight of epic proportions.Trending Stories
- 1States Accuse Trump of Thwarting Court's Funding Restoration Order
- 2Microsoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
- 3Coral Gables Attorney Busted for Stalking Lawyer
- 4Trump's DOJ Delays Releasing Jan. 6 FBI Agents List Under Consent Order
- 5Securities Report Says That 2024 Settlements Passed a Total of $5.2B
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