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Midsized Law Firms Go for Big Changes
Even as the number of large firms continues to multiply and as rumblings grow louder of yet another first-year associate salary raise among the profession's giants, smaller firms may well lie at the forefront of big changes in the profession.Midsize Law Firms Go for Big Changes
In recent weeks, some midsize firms have implemented drastic reductions to their billable-hour requirements for first-year associates in order to enhance training and to appease clients who are resistant to paying for new lawyers' starts and stumbles. Reducing billable-hour requirements has been discussed at Cincinnati's Dinsmore & Shohl, says Susan Zaunbrecher, head of the corporate department, though she says completely eliminating billable hours is counterintuitive to the business of running a law firm.Linerboard Suit Brings $202M in Settlements
A class action antitrust suit against the leading manufacturers of corrugated paper products has resulted in more than $202 million in settlements -- the largest ever in a price-fixing case in the Eastern District of Pennsylvania -- now that a federal judge has granted approval of the final two settlements. A significant portion of the litigation will continue because some of the biggest buyers "opted out" of the class action.The Churn: Lateral Moves and Promotions in The Am Law 200
A Missouri Supreme Court judge leaves the bench to join Armstrong Teasdale; two lawyers depart White & Case to found their own Florida boutique; and Thompson Hine recruits a new partner from Reed Smith. The Churn is constant. Please send all announcements to [email protected].Failure to Allege Damages Dooms Suit Against Investment Firm
The Delaware Superior Court dismissed one count of fraud against an investment group, ruling that the plaintiff failed to adequately allege damages suffered as a result of the alleged misrepresentation.Resident Physicians Ask Court for Relief
A class action antitrust suit is the latest skirmish in the long fight waged by doctors to improve their working conditions. The suit, filed in federal court in Washington, D.C., targets the National Resident Matching Program and organizations that participate in the program, charging they illegally conspired to eliminate competition in the recruitment, hiring and compensation of resident physicians.Sticking a Pin in Price Inflation Theory
A putative class action suit sited in New Jersey, whose Consumer Fraud Act has a low threshold of proof and allows treble damages and attorneys' fees, has led to the first reported decision on the use of "price inflation theory" to support a consumer fraud claim. The suit, though ultimately unsuccessful is significant because, had the putative class been certified, any purchaser of a product made by a company headquartered in New Jersey might bring a nationwide class action here.Deal Watch: Deal lawyer meets Oprah and Oz
In the world of transactional law, attorneys rarely spend time with celebrities such as Oprah Winfrey or Dr. Mehmet Oz, a contributor to Winfrey's programs.But a complicated media deal brought Jeffrey A. Allred of Nelson Mullins Riley Scarborough to Chicago to meet Winfrey and Oz, among others coming together to form Sharecare Inc.Appeals Court OKs $50,000 SanctionAgainst Malakoff
Over a strongly worded dissent, the 3rd U.S. Circuit Court of Appeals has upheld a $50,000 sanction imposed on a Pittsburgh plaintiffs` lawyer because of his vexatious conduct in the massive consumer class action case against Prudential Insurance Co. that included the filing of baseless motions demanding the trial judge`s recusal.Trending Stories
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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