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In the first test of a nonbinding agreement on splitting the cost of replacing faulty parts, the auto industry has prevailed against a parts supplier. Chrysler's lead trial lawyer from Dykema explains how he did it.
Subprime Crash May Be a Boon to Attorneys
As subprime lenders get ready to confront a host of legal and financial challenges in the coming months, attorneys are preparing for growing workloads. Outside attorneys will be needed to help companies with corporate restructurings, asset sales and bankruptcy filings; guide them through state and federal government probes; and take on class actions by consumers, investors and employees. "We're seeing this hit across multiple practice areas," says Neal, Gerber & Eisenberg's Jerry Biederman.Detroit firms are looking beyond the city limits
Michigan continues to be hard-hit by the recession, with the unemployment rate over 10%. Law firms with roots in Detroit were able to grab some domestic work, mainly focused on regulatory changes, international investments and litigation. But an anticipated growth in bankruptcy work never materialized, and real estate activity is all but nonexistent. Most have looked outside Michigan to generate revenues.In the Firms: Movement Amongst the Players
Hal Stratton, chairman of the U.S. Consumer Product Safety Commission, signed on with Dykema Gossett. Plus more moves...Trending Stories
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