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Am Law Firms, Local Shops in Drive for Detroit Work
With Thursday's Chapter 9 filing, the hard-pressed Motor City took its first legal step toward what will be the largest municipal bankruptcy in U.S. history—and set off a scramble among a bevy of firms eager to land roles on a record-setting case.Chicago Firms Raise Associate Salaries to $135,000
Many Chicago law firms are raising salaries for first-years to $135,000. Though some firms cite last year's strong financial performance as a main reason for the pay increases, others say they need to give raises to stay competitive. "Law firms tend to be like lemmings," says the chairman of one firm's compensation committee. But Bill Chamberlain, assistant dean for career strategies at Northwestern University's law school, is concerned the higher salaries put pressure on associates to bill more hours.Mt. McKinley Insurance Co. v. Corning Inc.
Firm�s Entitlement to Asbestos Claims Coverage Not Core Issue in Subsidiary�s ReorganizationLegalTech Descends on New York
As improvements in information technology continue to impact e-discovery, online research, case and matter management, and time and billing software, lawyers are better equipped to render quality legal services, retain more clients, and master the business of law. What are the next improvements in IT for the legal profession? Law.com Technology Editor Sean Doherty previews the advances expected to share the spotlight at LegalTech New York, being held Feb. 1-3.LegalTech Descends on New York
As improvements in information technology continue to impact e-discovery, online research, case and matter management, and time and billing software, lawyers are better equipped to render quality legal services, retain more clients, and master the business of law. What are the next improvements in IT for the legal profession? Law.com Technology Editor Sean Doherty previews the advances expected to share the spotlight at LegalTech New York, being held Feb. 1-3.At a hearing Friday, Judge Alvin Hellerstein said he had questions about the innovative deal, which depends on 95 percent of the 10,000 WTC first responder plaintiffs agreeing to its terms. Among other things, the judge said he wants to know more about plaintiffs lawyers' fees.
HP Investigator Accepts Plea Deal
Private investigator Bryan Wagner pleaded guilty Friday to conspiracy, wire fraud and related charges, making him the first person in the Hewlett-Packard pretexting scandal to strike a deal with federal prosecutors. It wasn't clear what value such a low-level player in the scandal holds for U.S. Attorney Kevin Ryan. Wagner's plea came with a cooperation agreement that may hint at what he can offer prosecutors, but his attorney asked Northern District of California Judge Jeremy Fogel to seal the document.Xerox's 'Belated' Benefit Notice Violates ERISA
The tardy disclosure by Xerox Corp. that it was reducing the benefits of over 100 employees who left the company but were subsequently rehired, has been called a violation of the Employment Retirement Income Security Act by the 2nd U.S. Circuit Court of Appeals. The court found Xerox implemented a "phantom account" offset, through which the hypothetical growth of an employee's previous lump sum retirement benefits payment was factored into his current benefits calculation, without proper notice.Trending Stories
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