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Laterals and New Leadership for Small, Midsized Firms
While the lagging economy's effect on business was an obvious concern for small and midsized firms in 2008, there was no shortage of lateral movement among them for most of the year.Pa. Sees an Increase in Legal Work for Israeli Companies
A number of Pennsylvania firms have been ramping up their efforts to service Israeli clients that have business opportunities in the United States. Last week class action firm Schiffrin Barroway Topaz & Kessler announced it had entered into a strategic alliance with Israeli-based firm Man-Barak Advocates & Solicitors. Schiffrin Barroway partner Darren Check says recent changes in Israeli law have created opportunities for U.S. firms to do legal work for Israeli companies in Israel and in the United States.Study reveals securities class action winners for 2008
Risk management firm RiskMetrics Group on Wednesday released its annual list of the top 50 plaintiffs firms for securities class actions. Bernstein Litowitz, Coughlin Stoia, and Grant & Eisenhofer topped the list for total shareholder settlement value, number of settlements and average amount for those settlements. The study notes that 2008 was the first time in six years that no plaintiffs firm notched more than $1 billion in total settlements.Securities Class Actions Down But Local Firms Are Busy
A recent survey has ranked four Philadelphia-area plaintiffs' firms among the top 20 in the country in terms of securities class action settlements in 2009, but a separate study also showed a national trend of decreased filings over the past year.Breyer Puts Wilson Sonsini on the Spot
U.S. District Judge Charles Breyer wondered why Wilson Sonsini Goodrich & Rosati continues to represent Brocade in civil litigation over backdating, given the law firm's longtime securities work for the company.Tainted Deal? Former Atmel GC Tries to Derail Backdating Settlement
Michael Ross claims that a conflict involving Atmel's law firm, Morrison & Foerster, 'taints' the $9.65 million settlement now headed for final approval in federal court in San Jose, Calif.It's Time to Pay the Piper: Ex-Comverse GC Shells Out $1 Million
Former Comverse Technology, Inc., general counsel William Sorin must pay $1 million out of his own pocket to partially fund a class action settlement stemming from alleged stock option backdating.Woodcock Washburn Makes Changes in Firm Leadership
After 15 years as a member of Philadelphia-based intellectual property boutique Woodcock Washburn's leadership, senior partner Steven J. Rocci has stepped down as chair of the firm's policy committee.Trending Stories
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