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Further Study Pledged Before N.Y. Full Bar Score Hike
Reacting to concerns from more than two dozen lawmakers, major bar groups and academics, New York Court of Appeals Chief Judge Judith S. Kaye is ordering further study before a plan to boost the passing score on the bar examination is fully implemented. Critics have complained that the increase is unnecessary and that raising the cutoff point could result in fewer minorities passing.
SiRF's Up! GPS chip maker back after failed IPO
GPS chip maker SiRF back after failed IPO in 2000; Two former colleagues reunite over acquisition deal; Wilson helps Network Associates Inc. in major makeover.Lowenstein Hikes First-Year Pay to $140,000 in 2008
Lowenstein Sandler broke from the pack of New Jersey's home-grown firms Thursday and announced it would pay first-year associates $140,000 next year, a $15,000 increase. The hike will catapult the 250-lawyer firm beyond Flaster Greenberg, whose $130,000 first-year pay is highest among local New Jersey firms. Lowenstein Sandler's announcement could exert pressure for pay raises at the other New Jersey firms that are pegged at the $125,000 level: Sills Cummis Epstein & Gross, Gibbons and McCarter & English.Silverstein's Remarks Keep Him From Most of WTC Trial
Leaseholder Larry Silverstein's out-of-court comments will at a minimum keep him out of the courtroom for the rest of the trial over how much insurance companies must pay -- $3.5 billion or $7 billion -- toward the rebuilding of downtown Manhattan. The only exception: his own testimony. Silverstein's press conference on 7 World Trade Center's rebuilding violated an order for both sides to avoid public statements that might influence a jury, a federal judge said.Kmart-Sears to Face FTC's Glare
Two prominent U.S. senators demanded Wednesday that the FTC scrutinize Kmart Holding Corp.'s $11 billion acquisition of Sears, Roebuck and Co., which would create the country's third-largest retailer. Antitrust experts predicted the FTC would thoroughly investigate the deal, but they said the transaction should eventually pass muster. However, several lawyers cautioned that business has been caught by surprise before on retail mergers.
D&O Insurance Not a Sure Thing
Membership on a company's board of directors used to seem like a real plum -- little work, lavish pay. But potential candidates are now begging off in unprecedented numbers, spooked by the threat of lawsuits over corporate misdeeds that could decimate their savings. Their fears aren't so far-fetched. "It used to be that the insurers would simply cut a big check," says Howrey Simon Arnold & White partner Kirk Pasich. "That's all changed."Trending Stories
- 1Infant Formula Judge Sanctions Kirkland's Jim Hurst: 'Overtly Crossed the Lines'
- 2Abbott, Mead Johnson Win Defense Verdict Over Preemie Infant Formula
- 3Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not
- 4Trump Files $10B Suit Against CBS in Amarillo Federal Court
- 5Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
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