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Five Ways for Young Attorneys to Survive in a Precarious Economy
This article sets forth several guideposts for young attorneys to consider as they chart their new careers in a legal market that has created unprecedented challenges.In re The Muralo Company, Inc.,
Where thousands of asbestos-related claims throughout the country have been filed against the debtors by plaintiffs, who are represented by 76 attorneys, the debtors' motion to permit service on the attorneys, rather than on the individual plaintiffs, in the debtors' adversary proceeding seeking a declaratory judgment that they are not responsible for the asbestos claims, is granted; in a mass-tort case, the retention of counsel by large numbers of claimants of necessity defines a broad scope of represenVerniero Doffs Robes, Lifts Spyglass
As former state Supreme Court Justice Peter Verniero settles into his new home at Sills Cummis Epstein & Gross, the Newark firm hopes his presence will expand its corporate governance practice. While most former judges concentrate on appeals, arbitration and mediation, Verniero is plunging into internal investigations. He's been named co-chairman of the firm's newly reconstituted Corporate Internal Investigations and Business Crimes Practice Group.'No Clearer Case of Undue Influence'
Convinced that conniving in-laws bamboozled an 86-year-old heiress, a New Jersey judge kicked the kin out of the woman's estate and reinstated a longtime financial adviser as trustee of her $30 million fortune. Judge Harry Seybolt ruled stockbroker Geoffrey Parkinson was removed as trustee for Laura Niles because of the undue influence of her sister-in-law and stepnephew. Though it lacked famous names, the litigation had elements fit for a movie: money, greed and strong-willed characters.Final IRS Decision Starts Clock on Malpractice Claim
In a bad-news ruling for accounting giant Deloitte & Touche, a Union County judge says the six-year statute of limitations in a malpractice case was tolled until an IRS final adverse determination on the client's tax liability.N.J. Firms Show Little Change in Partner Diversity
According to the New Jersey Law Journal's annual survey, minority partners made a slight increase in the ranks at the state's large law firms in 2002, while the number of women partners declined slightly, leaving diversity virtually flat -- meaning big New Jersey firms still lag behind the national average in attorney diversity. Consultants opine that the reason may be minimal pressure exerted on firms by clients.Forced Ranking Systems: Yesterday's Legal Target?
With increasing pressure in the workplace to identify top-performers and separate under-performers, employers continue to implement or refine performance rating or "forced ranking" systems.Trending Stories
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