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February 21, 2007 | Law.com

FCC to Review Satellite Radio Merger

Federal Communications Commission staffers agreed to examine the $13 billion merger of XM Satellite Radio and Sirius Satellite Radio, announced Monday, though a key agency official acknowledges that it will be a difficult review. The Satellite Licensing Order, adopted by the agency in 1997 when it issued satellite licenses for XM and Sirius, prohibits one entity from owning the two satellite radio licenses. FCC Chairman Kevin Martin appeared to indicate that he would consider removing the prohibition.
5 minute read
January 20, 2004 | Law.com

World's Largest Law Firm Experiencing 'Growing Pains'

By the numbers, Clifford Chance offers a powerful vision of the legal profession's globalized future. The world's largest law firm, with almost 3,400 lawyers straddling the globe from Barcelona to Bangkok, it is also one of the busiest. But a string of high-profile departures suggest the London-based firm's global vision is having trouble gaining adherents, particularly in the United States, where the firm first expanded in 1999 with its blockbuster merger with New York's Rogers & Wells.
6 minute read
May 09, 2006 | National Law Journal

N.J. First-Year Associate Pay Pushed Up 7 Percent

New Jersey firms bumped up first-year associate salaries this year to an average of $106,410. The fact that salaries, which had been increasing only modestly since the late 1990s, are entering a boom phase means law firms are busy and need to staff up. And while they can't match New York or Philadelphia salaries, Kirkpatrick & Lockhart Nicholson Graham's William Hyatt Jr. says New Jersey has an edge in other respects: "the number of hours expected from associates, the camaraderie, the quality of life."
5 minute read
September 03, 2002 | Law.com

The Law Firm Targets

3 minute read
June 27, 2012 | Law.com

They Are Not Miserable. Really.

1 minute read
August 06, 2007 | Law.com

Judge Applies SLUSA Exception, Keeps Securities Class Action in State Court

A federal judge in New York has permitted a securities class action lawsuit filed against defense contractor L-3 Communications Holdings to proceed in New York state court. Southern District of New York Judge John G. Koeltl ruled that breach of fiduciary duty claims brought by a shareholder pension fund were not barred from state court under the Securities Litigation Uniform Standards Act. The judge found that the claims fell within a savings clause for certain class actions.
5 minute read
April 02, 2003 | Law.com

Antitrust Suit Against Visa, MasterCard Can Proceed

A federal judge in New York on Tuesday refused to dismiss an antitrust case brought by 4 million merchants, Wal-Mart and Sears Roebuck among them, who claim that Visa USA and MasterCard International force them to accept their debit cards. The judge also rejected a request by MasterCard for a separate trial to defend itself, clearing the way for jury selection to begin April 21.
3 minute read
October 29, 2012 | The American Lawyer

British Firms Ponder Korea Without Koreans

Herbert Smith is sending two non-Korean partners to lead its Seoul office, highlighting the demographic and regulatory challenge British firms face in the newly-opened market.
6 minute read
October 28, 2009 | Law.com

David Boies Scores Win for Larry Ellison on America's Cup Locale

At a New York court hearing Tuesday in the America's Cup dispute between billionaire sailors Larry Ellison and Ernesto Bertarelli, arguments over the race's location at times sounded like a debate at the U.N. General Assembly. When the debate ended, the judge ruled that Ras al-Khaimah, an emirate of the United Arab Emirates, cannot host the next race, set for February 2010. The ruling was a win for Ellison's Golden Gate Yacht Club, the official challenger for the cup, and its lawyer, David Boies.
4 minute read
July 16, 2003 | Law.com

Fight Over Attorney-Client Privilege Heats Up

Attacking the attorney-client privilege, once a rare legal tactic, has become a standard tool of government lawyers these days and a cause for increasing concern among corporate defense attorneys. In the latest attempt to pierce the privilege, the Treasury Department is trying to force Jenkens & Gilchrist to reveal the names of more than 600 clients who used tax shelters that the IRS considers abusive.
8 minute read

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