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California Judges Association Guesses Judges Can Be Sent to School
An inconclusive legal opinion released Thursday by the California Judges Association will probably disappoint members angry over a controversial proposal that would force judges back into the classroom. Attorneys for Munger, Tolles & Olson, hired by the CJA, said in a memo that the Judicial Council appears to have the administrative authority to require judges to complete continuing education coursework -- and that the proposed rule changes would also probably pass constitutional muster.Will GCs in Backdating Scandals Lose Their Licenses?
Since several general counsel have resigned or been fired under suspicion of backdating in recent years, it's natural to wonder whether their Bar licenses are in danger. Lawyers familiar with the process say charges aren't likely absent criminal convictions or a constant drumbeat of press coverage. But filing discipline charges related to backdating could go a long way toward undermining longstanding criticism that State Bar prosecutors pick on small-firm practitioners while letting bigger fish go.WilmerHale Snags SEC Specialist for L.A.
WilmerHale has scored a high-profile securities lawyer to anchor its move into Los Angeles: Randall Lee, the former Securities and Exchange Commission regional director there.Companies with backdating woes are paying huge legal fees
Perhaps no corporate scandal of recent years has created such wide-ranging troubles as the stock option backdating mess. Even if companies clean house, the disgraced executives can and do insist that their former employers keep paying their high-priced lawyers, thanks to indemnification contracts. According to securities filings, Mercury Interactive has spent $72 million on legal fees, KLA-Tencor has spent $36.8 million and Monster has shelled out $32 million. For Brocade, fees could reach $100 million.Court's Friends Not Subject to Lawyer Fees
In a unanimous ruling written by Justice Carlos Moreno, the California Supreme Court says encouraging amicus curiae participation "is not compatible with a rule that would place such a litigant at risk for attorney fees."The Year Roberts Had Rehnquist's Ear
In his Senate confirmation hearings, first as associate justice and then as chief justice, William Rehnquist faced intense questioning over a memo about racial segregation he had written as a Supreme Court law clerk.Mercury Interactive won't fight Lerach on backdating
As Mercury Interactive Corp. contemplates suing its former officers in a derivative action linked with options backdating, the company has sent clear signals it won't step on plaintiff lawyer William Lerach's toes.Judge Calls $75 Trillion Request for Damages 'Absurd'
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