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Chasm widens between rich, less-rich law firms
Firms just outside the elite must distort partner pay to protect from cherry-picking from above.Two bids for cert, one survives
LOS ANGELES-Two federal judges issued split decisions last month on whether to certify class actions alleging fraud against insurance companies that sold long-term deferred-annuity retirement plans to seniors.The cases are among more than a dozen suits, most of them filed last year, accusing the insurance companies of inappropriately selling annuities to senior customers who had to pay large penalties in order to receive their payments.DLA Piper Is Not Alone: Why Law Firms Overbill
D. Casey Flaherty, corporate counsel at Kia Motors America, reviews four stories that reinforce his preconceptions of lawyers' time and billing practices.Law School Tough? No Way, L.A. Trio Claims
Jaime Marquart, Robert Byrnes and Aaron Craig think they're on to something big -- and they're pushing the idea with cocky copy and flashy photos on their Web site. The three litigation associates at Los Angeles' Quinn Emanuel Urquhart Oliver & Hedges are using the site to advertise a book they hope to write in the next six to eight months. The subject matter? Their lazy, hazy law school days at Harvard, Stanford and Yale. Marquart, Byrnes and Craig claim law school was a breeze.Viacom International is getting a second shot at proving that YouTube massively infringed its copyrights by hosting clips from shows like "The Daily Show" and "Family Guy" without its permission. And whether Viacom and its lawyers succeed or not, they've already managed to shape the developing case law over copyrighted content that users illegally upload to the Internet.
PHILADELPHIA BAR ASSOCIATION CHARITY RUN
Place Finisher Age TimeJustice Stevens Lauds 'Miranda,' Public Service
U.S. Supreme Court Justice John Paul Stevens spoke to a crowd in Chicago gathered to honor in his name some of the area's most prestigious lawyers and dedicated public servants. "In the law, as in other professions, the primary reward for human toil is not what you get for it, but what you become by it," said Stevens.Associates in NY pocket peak pay
CALIFORNIA ASSOCIATES still dreaming of New York-sized salaries are in for a rude awakening.West Coast standard-bearers Latham Watkins and Gibson, Dunn Crutcher announced Feb. 2 that they're increasing first-year associate pay to $160,000 in New York, but only to $145,000 in California and elsewhere.The U.K. Bribery Act arrived this summer in a hail of publicity. But that act won't move mountains without a change in Britain's legal structure. "There's a real need [in the U.K.] for a middle ground between full-on criminal prosecution and civil recovery," said the former U.K. corruption prosecutor Matthew Cowie, now with Skadden, Arps, Slate, Meager & Flom.
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