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After Controversial--But Successful--Trial Against U.S. Bancorp, DataTreasury Set to Go in $900 Million Case Against BofA
Publication Date: 2010-10-11 Practice Area: Industry: Court: Judge: Case number:
The last time DataTreasury went to trial to assert its business method patent on a check processing system, its lead East Texas counsel drew the ire of South Asian attorneys for his allegedly insensitive remarks. He also won a $27 million verdict. In the exponentially bigger case against BofA, can he match his rapport with the jury--and stay out of hot water?
Delaware's Associate Salaries Are on the Rise
Two Wilmington, Del.-based firms -- Morris, Nichols, Arsht & Tunnell and Young Conaway Stargatt & Taylor -- announced on the same day that they're raising associate pay to $135,000, boosting the first-year level by $10,000. Meanwhile, Morris, James, Hitchens & Williams, also in Wilmington, is increasing its first-year pay to $120,000 in September. The pay hikes signal "we're in a period of increasing demand for legal work among the larger firms," says Young Conaway Chairman Jim Patton.
Patent Litigation Weekly: Secret Details of Litigation Financing Deal Emerge in Breach of Contract Case
Publication Date: 2009-11-03 Practice Area: Industry: Court: Judge: Case number:
Ever wondered how third-party litigation financing deals really work? A breach of contract case between Altitude Capital Partners and the company whose infringement claims it bankrolled offers some tantalizing clues.
Weil Slashes 60 Associates, 110 Staffers
Citing a drop in demand for premium legal services that he called the "new normal," Weil, Gotshal & Manges managing partner Barry Wolf announced Monday that the firm is trimming associate head count by 7 percent, laying off 110 non-lawyer employees, hitting some partners with "meaningful compensation adjustments," and reducing its complex commercial litigation practice in Houston and Boston.Patent re-examination: Handle with care
ON THE SURFACE, patent reexaminations seem as inexplicably popular as Paris Hilton. In a reexam the Patent and Trademark Office takes a second look at an issued patent, basically double-checking its work. Reexams are easy to get, but they're hard to win-less than 20 percent of them end with a patent canceled entirely. Yet the PTO procedure is enjoying a renaissance.
Lawyers Scramble To Cope with Sandy
Lawyers across the Northeast scrambled as Sandy stormed ashore, causing flooding from North Carolina to New England. Courts, law schools and firms closed their doors. In New York City, with public transportation halted, bridges closed and for much of Manhattan the power was out — law offices ran on skeleton crews, their attorneys hunkered down at home or in nearby hotels.Trending Stories
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