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E-Discovery Profits: Drawing Blood From a Stone?
E-discovery is a booming growth industry with falling margins. As clients look to shave as many dollars off of the expense line of e-discovery as possible, law firms that want to make money on e-discovery have to be willing to forgo substantial rates in favor of volume.Commonwealth Court Finds Settlement Rejection Improper
A Philadelphia judge abused his discretion by substituting his business judgment for that of the Keystone Venture V capital fund's limited partners when he rejected a proposed $4.5 million settlement between them and Ballard Spahr Andrews & Ingersoll, the Commonwealth Court ruled yesterday.Early Rain Doesn't Deter Big Winners at Bar Assn. 5K
Before the 34th annual Philadelphia Bar Association 5K Charity Run, held on May 19, it had been raining all morning and started to pour at approximately 8 a.m., 30 minutes before the race was scheduled to start.2,000 Feet Equal 5K in Annual Charity Race
The threat of heavy downpours didn't prevent more than 1,000 runners and walkers from rising early on May 18 and taking part in the 29th annual Philadelphia Bar Association 5K Charity Run and Walk. The event was held on Martin Luther King Jr. Drive and boasted 886 finishers.7th Circuit Challenges 5th Circuit on Class Certification Requirements
The power of plaintiffs to negotiate favorable settlements in federal securities fraud actions depends to a significant extent on whether a district court certifies the action as a class action.FDA Strategy Would Pre-Empt Tort Suits
Under the Bush administration, the U.S. Food and Drug Administration (FDA) has adopted a novel legal strategy that would, if successful, leave many consumers claiming injury from pharmaceuticals or medical devices with no recourse to tort law, critics and attorneys charge. That strategy is pre-emption, basically the nullification of state actions that conflict with or supplement FDA decisions.Trending Stories
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