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April 16, 2010 | Law.com

Vedder Price, Milbank on $2 Billion Macquarie Deal for AIG Aircraft Unit

AIG's aircraft leasing unit, International Lease Finance Corp., announced Wednesday that Australian financial services conglomerate Macquarie Group had bought 53 of its aircraft for $1.99 billion. ILFR is one of the two largest aircraft leasing companies in the world. The planes are leased to 35 airlines in 27 countries, according to Macquarie AirFinance, the planes' new owner. The deal roped in two of the largest aircraft-finance powerhouses in the law firm landscape.
3 minute read
August 01, 2011 | Texas Lawyer

Dealmaker of the Week: Aircraft Deal Takes Off on Time

A partner in Gibson, Dunn & Crutcher in Dallas learned more than he thought he'd ever want to know about aircraft this summer while representing AMR Corp. in the largest such purchase ever. The project was even more remarkable because Gibson, Dunn's Dallas office was the hub for all aspects of deal negotiations. The planes, which will help American Airlines improve the fuel efficiency of its fleet, are valued at close to $40 billion.
5 minute read
April 30, 2010 | The Recorder

Will Emotion Trump Law in Novartis?

A Novartis sales rep's distressing testimony in a gender discrimination suit against the pharmaceutical company could provide lessons to Wal-Mart, which is facing its own class action.
3 minute read
June 01, 2004 | Legaltech News

Convincing Demo of Verizon Cell Modems

Kicking the tires before writing a check.
6 minute read
May 19, 2010 | Law.com

Jury Weighs Punitive Damages for Novartis in Sex Bias Suit

A lawyer for victorious plaintiffs in the Novartis Pharmaceuticals gender bias class action on Tuesday asked a federal jury to levy punitive damages of between $190 million and $285 million, adding that the only way to force Novartis to listen is to "hit them where it hurts." The company's defense lawyer told the panel that Novartis had gotten the "message" and said the $3.3 million in compensatory damages that the jury awarded to 12 name plaintiffs was sufficient. The jury is expected to resume deliberations today.
2 minute read
March 20, 2006 | National Law Journal

Chicago Firms Raise Associate Salaries to $135,000

Many Chicago law firms are raising salaries for first-years to $135,000. Though some firms cite last year's strong financial performance as a main reason for the pay increases, others say they need to give raises to stay competitive. "Law firms tend to be like lemmings," says the chairman of one firm's compensation committee. But Bill Chamberlain, assistant dean for career strategies at Northwestern University's law school, is concerned the higher salaries put pressure on associates to bill more hours.
4 minute read
July 22, 2008 | National Law Journal

Women lawyers from 31 firms form coalition on recruitment, retention issues

Women lawyers in Chicago have come together from 31 law firms to form a new coalition that will seek to collaborate on supporting the recruitment, retention and promotion of women attorneys and on encouraging women's initiatives at law firms. The coalition has begun with 65 participating women lawyers from firms that include Baker & McKenzie; Jones Day; Latham & Watkins; Neal, Gerber & Eisenberg; and Vedder Price. The group was started last year partly with the help of Valorem's Nicole Nehama Auerbach.
1 minute read
May 31, 2007 | National Law Journal

McDermott and Sidley raise Chicago associate pay to $160K

McDermott, Will & Emery, Kirkland & Ellis, and Sidley Austin have raised pay for their first-year associates in Chicago to $160,000, while other firms, such as Sonnenschein Nath & Rosenthal and Jenner & Block, are reviewing the increase and haven't followed suit at this point.
2 minute read
Judge Lambastes Plaintiffs Lawyers in Novartis Sex Discrimination Class Action Trial
Publication Date: 2010-05-07
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There was more explosive witness testimony at trial on Thursday, with a male Novartis sales representative asserting that his managers plotted to drive women out of the company. But when the judge realized the class's lawyers also represent the witness in a retaliation case against Novartis, she blew her stack.

Susan Beck's Summary Judgment: Novartis and Its Lawyers Just Didn't Get It
Publication Date: 2010-05-19
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Want to know why jurors awarded female sales reps at Novartis $250 million in punitive damages--the biggest award ever in a sex discrimination case--on Wednesday? All you have to do is read the closing argument Vedder Price gave for Novartis.

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