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Two Former Partners Sue Dissolved Law Firm; Seek Cash, Data
Claiming they have been denied access to key financial information and are owed money for past services, two ex-partners of now-defunct Mesirov Gelman Jaffe Cramer & Jamieson have sued four of their former partners, charging breach of fiduciary duty and breach of good faith and fair dealing. They seek, among other things, damages and the appointment of a receiver to wind up Mesirov affairs.
Negotiator Says Several PSU Settlements Are in Top Tier
With the bulk of the claims against Penn State arising from the Jerry Sandusky sex-abuse scandal nearing resolution, the university's lead negotiator said several fall into the highest valuation category, having alleged abuse after 2001, when former Penn State graduate assistant Mike McQueary reported to university officials that he had witnessed an incident in a locker room shower.Drinker Biddle Joins AmLaw 100 Ranks
Another Philadelphia firm has joined the national elite as Drinker Biddle Reath's debut on the annual AmLaw 100 brings the total to six Center City-based firms on the list. The half-dozen honorees double the number that appeared on The American Lawyer magazine's survey of the country's highest grossing firms three years ago.No Easy Path to Confirmation Seen for Alito
Many in the Philadelphia legal community are cautious in estimating just how "confirmable" 3rd Circuit Judge Samuel Alito Jr. may be. However, few see anything but a contentious confirmation path ahead. And most agree that "Scalito" -- a nickname coined by 3rd Circuit courthouse wits -- is mostly a clever play on words. Local lawyers say a more apt comparison can be drawn between Alito and Chief Justice John Robert Jr., not to the often-confrontational Justice Antonin Scalia.
Big Law Expands Its Footing, Goes to Court in 2012
From DOMA to Dropbox to discrimination, 2012 seemed to be the year of law firms being roped into lawsuits rather than filing them on behalf of clients.
Philadelphia's Largest Law Firms Rekindle Bar Association Bond
Philadelphia's largest law firms may compete over the same business, but they share the same problems and concerns too when it comes to managing their own affairs.
Pa. Firms Sticking to Original Deferred Start Dates For First-Years
While some firms across the country have deferred incoming associates for a second time, it looks as though all systems are go in Pennsylvania when it comes to bringing on deferred associates. Local firms that deferred their fall 2009 first-year associates until January 2010 or later say they are sticking to their original forecasts. And some firms have started bringing on associates early, although that's been occurring more typically in the litigation groups and not the transactional practices.Trending Stories
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