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Lower Pay, Shorter Hours for Long Island Associates
While the highest first-year associate salaries on Long Island, N.Y., are a full 50 percent lower than New York City numbers, Long Island-based firms contend it's a Big Apple-to-oranges comparison. The quality of life and of practice the Island affords is alluring. In addition to more relaxed billable hour requirements, Long Island firms hire associates anticipating they will make partner.ESPN Minimizes Losses In Dish Network Suit
Dish Network LLC f/k/a Echostar Satellite LLC v. ESPN, Inc. and ESPN Classic Inc.: Dish Network sought $152 million from Bristol-based ESPN in a dispute alleging that the sports network gave competitors better rates than they gave the satellite television provider.Google In-House Lawyers Find Unusual Perks, Groundbreaking Work
Finding the right sort of lawyer to fit Google's playful ethos and steely business sense is -- judging by the army of recruiters assigned to the job -- a challenge. But it's not difficult to see why lawyers are lining up to work at the world's biggest Internet company. Aside from the perks, Google lawyers face legal issues that are the first of their kind. The groundbreaking nature of the work is the reason why Google still doesn't have a panel of outside counsel, says European GC Nigel Jones.Biotech Firm Wins Breach of Duty Motion
Biosynexus, a biopharmaceutical company that has developed a technology that appears to prevent staph infections, has successfully moved to enjoin its joint-venture partner from transferring its interests in the staph-infection project to one of Biosynexus' competitors. Biosynexus alleged that the Glaxo Group breached its fiduciary duty as a joint-venture partner by, among other things, assigning its interest without consent and breaching contractual duties.Seven-Year-Old MCA Shareholder Settlement Upheld
A Delaware judge rejected a bid by disgruntled ex-MCA shareholders to overturn a 7-year-old $2 million settlement of shareholder suits against Matsushita Electric Industrial over its acquisition of MCA. The judge noted Chancery Court precedent already rebuffed investors unhappy with a securities class-action settlement who waited a year to file their motion to intervene.Davis Lawyer Impressed with SEC Rules
Bruce Dallas said new regulations governing corporate access to capital markets reduced a lot of the uncertainty in the timing of his client FormFactor's $190 million stock offering.'Rational' Internet Market on Rebound?Pillsbury Winthrop helps aQuantive in its $180 million public offering, one of the bigger Internet-based deals since the bubble went flat years ago.Dewey, LeBoeuf Announce Plans to Merge
Dewey Ballantine and LeBoeuf Lamb Greene & MacRae have agreed to merge, creating a firm of over 1,300 lawyers.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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