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Dallas Firm Brings PIs Into the Fold
Tired of the sporadic work done by outside investigators, Bickel & Brewer created an in-house investigative unit staffed by three former agents and a former training instructor with the FBI.BigTex Combined Gross Revenue Drops in '09
Combined gross revenue of the 25 Texas-based firms included in Texas Lawyer's Annual Report on Firm Finance posted a rare decline in 2009 of 3.7 percent compared to 2008, and net income was flat. Thirteen of the firms boosted their net income in 2009, including Gardere Wynne Sewell. Stephen D. Good (pictured) of Gardere says his firm saw an increase due to some extraordinary contingent-fee income.Enron Fees: $64 Million and Counting
In the first four months of the Enron bankruptcy case, 12 law firms amassed nearly $64 million in fees and expenses. Counsel have poured tens of thousands of hours into the case, some billing at hourly rates topping $700. And it's just the beginning. Weil Gotshal partner Thomas Roberts anticipates "larger and even increasing legal bills." But don't be blinded by the appearance of staggering fees, say experts and academics.Sallie Mae Litigation Raises Issue of Deal 'Adverse Effect'
With credit tightening, some once-enthusiastic dealmakers are looking for ways to walk away from deals that suddenly look shaky. One legal weapon that attorneys for purchasers and financial backers are brandishing is the so-called "material adverse effects" contract clause, routine provisions that permit termination of a transaction where business conditions have deteriorated for a target company.Brushback: Bingham McCutchen Sues Dodgers Owner and Former Client McCourt
Panel Rejects Exchange's Bid To Copyright Pricing Plan
Judge Rejects Plaintiffs' Theory on Time Limits, Nixes SD Card Antitrust Claims
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