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First of Hundreds of Trials Over Acne Drug To Start This Month
A lawyer representing people who claim that the acne drug Accutane(r) caused them serious gastrointestinal diseases says his team is ready to try the first two cases of potentially hundreds to go to trial.
The Global Lawyer: Exporting the First Amendment
Publication Date: 2012-10-30 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Media law exports come in two main packages—a free press, and freedom of information—and both are usually marked "Return to Sender." A new book, Exporting the Matrix: The Campaign to Reform Media Laws Abroad, describes some recent small victories achieved in pro bono projects around the world.
Stanley S. Stroup, Wells Fargo & Co.
As general counsel at Wells Fargo & Co., Stanley S. Stroup handles the legal affairs of the nation's seventh-largest U.S. bank holding company, and oversees a legal department with 102 lawyers. Stroup and his in-house team work on matters ranging from commercial lending and regulatory affairs to acquisitions.Power Company Calpine Files Year's Largest Bankruptcy
Power generation company Calpine Corp. filed for Chapter 11 late Tuesday. It is the country's largest bankruptcy this year by assets and the eighth largest in U.S. history. The builder, owner and operator of power plants cited numerous reasons for its bankruptcy petition and those of 19 affiliates. The final straw for Calpine was the Delaware Supreme Court's affirmation of a Court of Chancery ruling on litigation over the company's use of asset sale proceeds for fuel purchases.Democracy Takes a Hit at Anderson Kill
How does a law firm that treats all its lawyers as partners and is ruled by a one-person, one-vote philosophy fire 15 percent of its members? Egalitarianism goes by the wayside. The firm changes its partnership agreement to concentrate power in the hands of a three-person executive committee before the axe falls. Such was the case at New York's Anderson Kill & Olick, which on March 12 fired 22 of 130 partners.Salaries vs. Profits: Salaries Are Winning
Just like the stock market, there seems to be no limit on the going rate for first-year associates. And just as few anticipated the Dow would ever break 10,000, most D.C. managing partners never expected to be paying starting salaries in the six figures. Well, it's happened.Trending Stories
- 1Generations Aren't Connecting, and It May Be Hurting Law Firms
- 2A Law Firm Divided: How Generational Differences Are Fracturing Firms
- 3Skadden's Reputation Remains Sterling. So Why Are Partners Leaving?
- 4A Look at Law Firms' Intergenerational Communication Breakdown
- 5After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
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Resources
Driving Value with Better Decision-Making: A Governance Maturity Checklist
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Strategic Triumph: Unveiling the Secrets Behind Small Law Firms Thriving with AI Research and Drafting
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CFIUS Compliance: Your Organization's Growth and Investment Strategy May Be a Matter of National Security
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Document Review Challenges: Strategies for Law Firm Litigation Professionals in 2024
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