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July 17, 2008 |

Small-Town Mayor Runs Afoul of SEC

The Securities and Exchange Commission continues to cast its insider trading nets, and on July 16 it caught the mayor of a small South Carolina seaside city. SEC lawyers in San Francisco accuse William Rauch, mayor of Beaufort, S.C., of buying up shares of Alameda biotech company Advanced Cell Technology Inc. ahead of a 2006 public announcement that sent the stock price up from 40 cents a share to $1.83 before settling at 96 cents.
3 minute read
July 25, 2005 |

Among the Giants

The trend toward ever-larger law firms was supposed to squeeze out the little guys -- and though it's true that many GCs are still more comfortable sending big-ticket work to national firms, more companies are realizing smaller shops have their own allure: lower billing rates, more attention, leaner staffing and, often, deeper expertise. So while top-tier boutiques still compete for plum assignments, full-service midsize firms and smaller specialty shops are also finding a spot among the giants.
8 minute read
May 29, 2008 |

Making Misconduct Matter

From Litigation, a Recorder supplement: It's never easy seeking redress due to an opposing counsel's misconduct. Here are some ways to go about it.
6 minute read
April 06, 2010 |

Judge Lifts Sanctions Over Qualcomm Discovery Scandal

The sanctions in the Qualcomm discovery scandal that helped destroy Day Casebeer Madrid & Batchelder, as well as the careers of several lawyers, have been lifted. In an order entered late Monday, Federal Magistrate Judge Barbara Major said it was "undisputed" that Qualcomm improperly withheld tens of thousands of documents from Broadcom. However, she wrote, "there is insufficient evidence to prove that any of the responding attorneys engaged in the requisite 'bad faith.'"
2 minute read
July 09, 2009 |

Midsize Firms Weigh Salary Cuts

A few years ago, most of California's premium midsize firms lined up to match big firms' top pay for young lawyers. Now, even as some of the biggest firms have begun to slash salaries, many midsize firms claim to be sticking with $160,000 -- though there are some exceptions. As the downturn continues to reshape the legal landscape, leaders at firms like Townsend Townsend and Crew and Jeffer Mangels Butler & Marmaro say they may back off from the top market rate before the year is over.
6 minute read
March 13, 2007 |

Princeton, Sued for Alleged Misuse Of Trust Funds, Gives a Little Back

Princeton University, facing liabilities of over half a billion dollars for alleged misuse of trust funds, makes a small concession by announcing it will return $782,375 to a charitable foundation.
4 minute read
October 20, 2011 |

Judge allows Orrick to fire MGA over unpaid bills

A federal judge has granted Orrick, Herrington & Sutcliffe's motion to withdraw from representing MGA Entertainment Inc., maker of the Bratz doll, in its copyright dispute with Mattel Inc.
3 minute read
January 23, 2003 |

Rock Bottom Returns to California

If there are any lingering questions over why the San Francisco Bay Area's largest law firms saw revenues drop last year, look no farther than their idled corporate lawyers. Firms with significant M&A practices had a hand in 375 M&A deals in 2002, a 53 percent plunge from the previous year's 801 deals. And unlike in years past, IPOs were no help at all.
4 minute read

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