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SEC abandons beleaguered backdating case against Broadcom former executives
The U.S. Securities and Exchange Commission has voluntarily dropped its civil case against four former executives of Broadcom Corp., including the former general counsel. The move came one week after a federal judge said there were "serious problems" with the charges.Poor economy raises suicide risk among lawyers
As if long hours, high stakes and intense competition weren't enough, now lawyers are grappling with client cutbacks, lower pay and layoffs. And it appears some attorneys are cracking under the pressure.Reports of three suicides at major U.S. law firms during the past six months underscore the stress that lawyers are facing as the economic downturn raises the intensity for billable hours and big wins.Tide turns for patent defendants in Texas
A string of recent defense verdicts in the Eastern District of Texas has the patent bar buzzing about whether it's a new era in that traditional plaintiffs stronghold. Several changes have altered the landscape for litigants in the three Eastern District divisions particularly known for plaintiffs verdicts: Marshall, Texarkana and Tyler. The shifts stem from retirements of three judges in 2011, appellate precedents limiting which cases can stay in the district and the patent reform law's sharp restrictions on multidefendant cases. In addition, lawyers say the retirements have resulted in slower-moving cases, at least until new appointees get up to speed.
Tech Circuit: The Circle of Life Edition
Michael Arkfeld is on a quest to identify the next generation of e-discovery leaders; Heather Schultz finds apps that help guests share joyful wedding pictures, and we bid adieu to a legal technology veteran. [MORE]
Tales From the Grimm Teacher: Discovery Misconduct Can Land You in the Dungeon
We've heard the horror stories of e-discovery. We've read about default judgments, adverse jury instructions, monetary penalties and orders to pay the other side's attorney fees. But we've never heard about jail time ... until now!News Flash: A N.Y. Office is Happy
As other firms search for the Fountain of Retention, the partners at Kirkland & Ellis smile indulgently. They know the secret to eternal satisfaction. Astonishingly, for the past five years, the office has scored first in New York City on all seven American Lawyer surveys of summer or midlevel associates. Kirkland's secret: Give new lawyers freedom and responsibility.Kilpatrick Pulls Plug on Miami Office
Three years after Atlanta-based Kilpatrick Stockton opened a Miami office and announced plans to stock it with lawyers, management has closed the doors. Personnel were notified late last year that the office would close on Dec. 31. The office, which opened with high hopes for technology, Latin American business and extended service for existing clients, never grew to more than about 15 lawyers.Trending Stories
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- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
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