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Cooley, Fenwick, DLA, Sheppard Lift Pay
First-years pocket a cool $10,000 each as large and not-so-large California law firms scramble to make sure they're not left behind in the associate salary war.Rambus Has Tough Choice: Reduce $306.9M Verdict or Pick Door No. 2
A federal judge gave Rambus 30 days to agree to reduce its $306.9 million jury verdict against chip manufacturer Hynix Semiconductor, or take its chances at a new damages trial. U.S. District Judge Ronald Whyte concluded that the evidence presented only supports a verdict of $133.6 million. Rambus is keeping quiet, but observers believe the company might want to roll the dice despite the risks. "It's like, do you want to take what's on the table or do you want what's behind the curtain?" asked one attorney.Apple Quietly Canned Lawyer Who Backdated
A new player has surfaced in Apple's stock options mess: a former in-house lawyer who filled out the paperwork on a 2001 option award to CEO Steve Jobs that has grown infamous since Apple acknowledged that the grant's value was artificially pumped up via fabricated meeting minutes. That since-fired lawyer is a central figure in the Apple probe, both as a potential defendant in a fraud case and as someone who could tell the government who at the company knew about backdating and its implications.Take-Down of Home Video From YouTube Site Leads to Damages Suit
The Electronic Frontier Foundation is trying to make Universal Music pay damages for unfairly taking a home video of a toddler dancing to a Prince song off YouTube. But before the sides get to the sticky question of just how the toddler's mother suffered by having the video pulled and later restored, the EFF wants a judge to determine if such damages are even possible under the Digital Millennium Copyright Act. It's a novel effort that has little precedent, even though the DMCA has been around since 1998.
Newcomer Firms Thrive in Los Angeles
It's anniversary time for many of the out-of-town firms that entered Los Angeles last year, and there's plenty to celebrate. Despite a competitive lateral market, the newcomers have made sizable gains in headcount, snagging attorneys with business to support and expanding their fledgling outposts. "These firms have cut out a swath and are making inroads," said recruiter L. William Nason. And recruiter Dan Hatch singles out Goodwin Procter, saying the Boston-based firm "has had a tremendous first year."Drug Makers Cleared on Delaying Generic
The makers of a popular blood pressure medication have been cleared of claims that they caused $21 million in damages to one of their largest customers. Kaiser Foundation Health Plan claimed Abbott Laboratories and Geneva Pharmaceuticals hurt consumers through an agreement in which Geneva delayed marketing a generic version of Abbott's Hytrin. The decision against Kaiser is the only jury verdict to result from years of antitrust litigation against brand-name and generic drug companies over such agreements.Goodwin Procter Expands West Coast Reach to San Diego and Los Angeles
A year after it first entered the California scene, Boston-based Goodwin Procter has opened a new office in San Diego and one in downtown Los Angeles. With its San Diego foothold, Goodwin is entering the technology and life sciences domain, but the firm is still using the same staffing strategy that it did last April when it opened offices in San Francisco and Century City, Calif., snagging partners from competing firms to help anchor its new posts.Argument Report: Who Can Intervene in Original Jurisdiction Cases?
During arguments in a water dispute that came to the Supreme Court under its "original jurisdiction" over conflicts between states, the justices considered some broader questions about the nature of original jurisdiction cases and the role of special masters appointed by the Court to assist in their adjudication. Chief Justice John Roberts Jr. seemed especially protective of the Court's role in such matters, returning a number of times to the idea that they are a unique and important subset of the Court's cases.L.A. Firms Lift Associate Salaries
O'Melveny & Myers and Paul, Hastings, Janofsky & Walker are lifting associate salaries to match Gibson, Dunn & Crutcher, raising first-year base pay to $135,000. Other California-based firms reacted with interest to the news Tuesday. "It's the law of supply and demand: If the market goes up, we go up," said Joseph Coyne Jr., a member of Sheppard, Mullin, Richter & Hampton's executive committee, who indicated his firm would likely match.Trending Stories
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