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November 06, 2006 |

Report Shows Law Firms' Railroad Ties

A recent investigation into the mismanagement of more than $100 million has dropped Amtrak in hot water and some law firms onto the hot seat.
10 minute read
November 07, 2006 |

Report shows law firms' railroad ties

At least for the past couple of years, Amtrak has allowed law firms to enter into retainer agreements that operate outside of its own written guidelines.
10 minute read
May 16, 2008 |

Former Corporate Counsel for GE Healthcare Finance Joins Vedder Price

Robert P. Goodridge, former corporate counsel for Heller Healthcare Finance, GE Healthcare Finance and Merrill Lynch Capital Healthcare Finance, has joined the Washington office of Chicago's Vedder Price. Goodridge will concentrate his practice in a wide range of commercial finance specialties, including health care finance and real estate finance, together with the acquisition and disposition of real estate.
2 minute read
August 01, 2011 |

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.
4 minute read
April 30, 2010 |

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 |

Convincing Demo of Verizon Cell Modems

Kicking the tires before writing a check.
5 minute read
May 19, 2010 |

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.
1 minute read
September 26, 2011 |

Vidyo Targets Lawyers for Mobile Meetings

Vidyo, a specialist in videoconferencing technology through mobile devices and public networks, is starting a new push into the legal industry.
3 minute read
March 20, 2006 |

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
April 16, 2010 |

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.
2 minute read

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