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Two years after its much-hyped debut, the U.S. Securities and Exchange Commission's Office of the Whistleblower has awarded its first big bounty. Lawyers say the size of the award, as well as the steps the SEC took the protect the anonymity of the whistleblower, will entice others to come forward.
Joining Equitable, Legal Claims and Waiver of Jury Trial
Edward P. Boyle, a partner with Venable LLP, writes that a basic question in any civil litigation is whether to seek a jury trial. Juries are described as a "black box": unaccountable for the decisions they render, bound only by civic duty to base their verdicts upon the instructions of law and relevant facts.On the Record With Walter Bardenwerper, GC of Watson Wyatt
Walter Bardenwerper is GC of Watson Wyatt, a global human capital and financial management consulting firm based in Arlington, Va., with a business history going back to the 19th century. The firm specializes in employee benefits, technology and insurance and financial services, and has offices in 32 countries. For Bardenwerper, one of the true delights of being an in-house attorney "is the opportunity to work with wonderful people at some of the best law firms in the world."Have you thanked a litigator today? In a season of dismal law firm financial reports, a new study by Law360 suggests that if it weren't for litigation, 2008 could have been much, much worse.
It's not easy to put a positive spin on getting hit with the largest criminal penalty in U.S. history and having to shell out $2.3 billion. At least the record-breaking settlement "wiped the slate clean" for Pfizer, one of the drugmaker's lawyers said.
Pfizer's Top Lawyer Is Out to Change All the Rules
Pfizer general counsel Amy Schulman's goals are simple and familiar: lower fees, more collaboration, better value for both the customer and vendor. By the end of 2010, Schulman wants three-fourths of her legal spending to be done within the Pfizer Legal Alliance, in which each firm is paid one annual flat fee for all of the work that it does for the entire year. If Schulman is successful, Pfizer will become one of the largest companies to have more than half of its legal work done under alternative fees.Trending Stories
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