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Former Partner's Lawsuit Against Kasowitz Benson Prompts Talk of One-Man Firing Machines
The recent lawsuit against Kasowitz, Benson, Torres & Friedman by its former head of intellectual property brings into the spotlight a practice that some lawyers might find unimaginable: At several law firms today, the managing partner can unilaterally fire other partners.Forgent Networks Picks New Counsel for DVR Patent Suit
After holding a beauty contest of sorts, Forgent Networks has chosen eight-lawyer firm partner W. Fred Hagans to lead the trial team in potentially lucrative infringement litigation related to its patented DVR technology. Forgent also selected several Bracewell & Giuliani partners for the team. CEO Richard Snyder says Forgent replaced Dallas' Godwin Pappas Langley Ronquillo because of that firm's declining IP support services, making reference to Godwin Pappas' dwindling number of IP lawyers.It's too bad there's no instant replay in real life. Then we'd know whether Frank McCourt doctored a critical document granting him sole ownership of the baseball team. On Tuesday, an L.A. judge refused to come to that conclusion, but nevertheless declared the document invalid--effectively granting co-ownership of the team and its related assets to Jamie. At least for now.
Former Partner's Lawsuit Against Kasowitz Benson Prompts Talk of One-Man Firing Machines
The recent suit against Kasowitz, Benson, Torres & Friedman by its former head of intellectual property brings into the spotlight a practice that some lawyers might find unimaginable: At some law firms, the managing partner can unilaterally fire other partners. A principal at legal consulting firm Altman Weil says the likelihood of having the managing partner in charge of terminating other partners depends on a firm's age, culture and size.Taking It Outside: Who Represents America's Biggest Companies
Thanks to a Texas state court judge's ruling, plaintiffs lawyer Steve Susman is one step closer to collecting on a jury verdict against NL Industries for more than $182 million.
2008 Associate Bonuses at Large Firms in Texas on Par With 2007
Last year was a good time to be an associate with Dallas-based Jackson Walker, where some associates received six-figure bonus checks. Other large Texas-based firms and out-of-state firms with large Texas operations also paid 2008 associate bonuses in December or plan to pay them during the first quarter of 2009. Terry W. Conner of Haynes and Boone says bonuses for senior associates were $50,000 to $70,000.Trending Stories
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