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Lead counsel from Grant & Eisenhofer and Bernstein Litowitz say the request amounts to a 22 percent discount on their hourly fees in the five-year-old case.
Plaintiffs lawyers at Wolf Haldenstein worked quickly to undo the damage after a San Francisco federal judge ruled last year that iPhone customers must arbitrate antitrust claims against Apple and AT&T Mobility. But it's looking increasingly unlikely that they'll be able to salvage the five-year-old case.
Chancellor Chandler was certainly familiar with Dow's off-again, on-again acquisition of Rohm & Haas: He oversaw last year's litigation between the two companies. Shareholders alleged Dow insiders botched the deal. Chandler disagreed.
Friday's ruling by the National Labor Relations Board, which rejected an arbitration agreement requiring employees to waive their class action rights, was quickly labeled a game-changer. But despite the Supreme Court's much-cited Concepcion decision last year, employers were already struggling to persuade the courts to enforce arbitration agreements with employees.
The Most Important Employment Case You Haven't Heard Of
It began as a run-of-the-mill age discrimination case, a test of wills between a fired supervisor named Roger Reeves and his former employer. Reeves won before a jury, but a federal appeals court overturned its verdict. The case was propelled to the U.S. Supreme Court for an examination of fundamental Seventh Amendment issues that could affect all civil litigation.Law Firms Face Gray Area as Boomers Age
For its annual survey of managing partners, The American Lawyer asked leaders of Am Law 200 firms how concerned they are about the aging of the bar. Thirty-eight percent say it's a significant management issue. They add that current law firm demographics raise two big questions: how to accommodate boomers who want to keep working and how to ensure a smooth succession to the next generation. And as firms move away from strict retirement regimes, managing partners say flexibility is key.Antitrust litigator David Gelfand, a partner at Cleary Gottlieb Steen & Hamilton, is joining the Justice Department's Antitrust Division as deputy assistant attorney general for litigation.
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