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11th Circuit: Plaintiffs' firm must pay $400K
In a blistering majority opinion, a split federal appeals court panel has upheld sanctions of nearly $400,000 against a South Florida plaintiffs' firm.The Dec. 28 ruling by Judge Edward E. Carnes of the 11th U.S. Circuit Court of Appeals upheld the sanctions against the husband-and-wife team of Karen Coolman Amlong and William R.South Florida Climate Good for Law
When associate pay was skyrocketing and several South Florida firms made bids to become national players, some predicted the big spenders would be hit hard when the economy slowed. While some of those predictions have come true, growth has remained robust at many firms, with the recessionary hammer hitting hardest those who -- like Holland & Knight -- aggressively expanded and worked in practice areas most vulnerable to economic conditions.Newspaper Sued Over Story on Kentucky Derby Winner
The owners of the racehorse Funny Cide, along with Jose Santos, the jockey who rode the thoroughbred to victory in the 2003 Kentucky Derby, have filed a defamation suit against The Miami Herald over a May 2003 article that suggested Santos held an illegal object in his hand during the race. The story sparked controversy -- Santos' attorney said it was the worst thing that could've been said about the jockey -- but an investigation found that Santos had nothing in his hand but a whip.Miami Area Law Firms Step Up Minority Recruitment
Smarting from a well-publicized survey by the Black Lawyers Association showing that Miami law firms are short on black partners, and under fire to become more diverse, Miami area law firms have stepped up efforts to hire minority first-year associates. But while some firms say they have difficulty attracting African Americans, first-year associates aren't so sure.Sifting Through the Evidence -- in Retro Form
Attorney Antonio Menendez may be keen on things high-tech, but cracking the codes of yesteryear was an unexpected twist in a case that brought a $1 billion verdict against Exxon Corp. "Technology permeated this case from the start," Menendez said. "It wasn't modern technology, but very retro." The evidence that won the day was in the antiquated computer language APL -- a language as dead as Latin.Stock Incentives for Rainmakers Cement $104M Merger
Law firms and investment banking firms share a common quandary, especially in mergers: Their most prized assets -- rainmakers -- are also their most mercurial. Creative structuring to keep talent on board proved to be what sealed the deal for St. Louis company Stifel Financial's $104 million acquisition of New Jersey's Ryan Beck & Co. While Stifel stock will make up the bulk of the purchase price, Stifel will also establish a $42 million stock-based retention program aimed at key Ryan Beck employees.Employers push waivers in wage disputes
As overtime lawsuits continue to explode around the country, employment defense lawyers are getting increasingly creative in advising employers how to skirt such suits.Although arbitration agreements are starting to wane in popularity, many defense lawyers are now urging employers to have employees sign class action and jury trial waivers.Edwards Campaign Leads the Pack in Contributions From Lawyers
Lawyers and law firms dropped another $13 million into the coffers of the 2008 presidential campaigns during the second quarter of the year, according to the Center for Responsive Politics. Since the start of the year, the legal industry has contributed $27.5 million to the campaigns, 66 percent of which has gone to three Democratic candidates: former Sen. John Edwards, Sen. Hillary Clinton and Sen. Barack Obama. Edwards, a trial lawyer, continues to lead in lawyer contributions.Drug Company Claims Microsoft Artificially Inflated Prices
Microsoft's ongoing legal woes deepened last week in South Florida when Miami's Ivax Corp., the maker of generic drugs, hit the software titan with an antitrust lawsuit in federal court in Miami. Ivax's suit claims Microsoft's anti-competitive business practices "artificially" inflated prices, causing licensees to overpay for computer operating systems and software applications. The suit seeks class action status.Trending Stories
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