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Arbitration Scorecard: Contracts
A listing of contract arbitrations active in 2007-2008 in which at least $500 million was in controversy. Expanded for the Web.Reed Smith Holds Back Partner Pay for Legacy Firm's Nonequity Rank
Legacy Richards Butler salaried partners at Reed Smith are to have 20 percent of their annual pay held back at the start of next year, as part of a package of measures designed to tie them into the firm and bill more quickly. The salaried partners will be paid the final portion of their remuneration at the end of the year. "Since we introduced this system we have improved our performance in terms of getting bills collected," says partner Michael Pollack. But the move has been criticized by other partners.Caps Apply to Prejudgment Interest in Med-Mal Cases
A decision by a divided Texas Supreme Court limits the exposure that some health care providers will face when sued under the state's Medical Liability and Insurance Act. Amid a hue and cry that Texas is in a medical-malpractice crisis, the high court ruled that prejudgment interest in health care liability claims stemming from patients' deaths is subject to the 1977 law's cap on damages.Trending Stories
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Leveraging Technology to Improve Employee Engagement and Client Satisfaction
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How to Choose Your Legal Operations Software: Key Considerations and Expert Tips
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Yearly Roundup: Strategic Insights for Law Firm Decision Making
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Lex Machina Contracts: Commercial Litigation Report 2024
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