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Commentary: Every Pay Raise Has Its Price
During the past month, large Texas law firms have engaged in a salary war that started with Vinson & Elkins raising first-year associate pay to the New York rate of $160,000. But at what price, asks Mark Donald? These young lawyers will bill around 2,000 hours a year -- minimum. And with the dreaded billable hour comes disillusionment. Add to that the fact that the average career life expectancy of an associate at a big firm is three years -- before a law firm even starts to make money off the attorney.2nd Circuit Tells Judge to Reconsider Discovery Sanctions
Weighing in on a breach of contract suit in Connecticut, the 2nd U.S. Circuit Court of Appeals has reaffirmed the broad discretion of federal courts to impose discovery sanctions. The circuit said sanctions for discovery abuse are available when a party fails to produce evidence, in this case e-mail documents, not only through bad faith or gross negligence, but also through ordinary negligence.Class Actions: New Field, Same Game?
Some plaintiffs lawyers appear less worried about the impact of the Class Action Fairness Act on their practices than might be expected. Even Stephen Tillery -- name partner in the firm that won a $10 billion verdict against Philip Morris USA Inc. and perhaps the most famous class action lawyer in the most famous pro-plaintiff jurisdiction -- says his firm will simply switch to federal court. And another attorney says there might be some surprises in store for businesses that pushed for the law.5th Circuit Ruling Provides Ammo for HMO Suits
The 5th U.S. Circuit Court of Appeals has given plaintiffs suing health maintenance organizations in state court some ammunition against the Employee Retirement Income Security Act (ERISA). The April 9 ruling in Giles v. NYLCare Health Plans Inc. granted federal courts broader authority to remand negligence claims against HMOs to state courts to decide whether ERISA preempts state law.Another Setback for Chinese Vitamin Makers as Price-Fixing Case Hurtles Toward Trial
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