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Law Firms Promote Fewer Senior Associates to Partnership
Fewer associates are winning promotion to partnership this year, a trend industry experts say is a result of the economic downturn. This month, Cleary Gottlieb Steen & Hamilton elected four new partners firmwide, half as many as in 2008, while Latham & Watkins cut its firmwide promotions 25 percent to 23. Consultants say the trend likely is a reflection of the financial condition law firms have found themselves in, with demand for legal services down and profits falling.Fee-Fight Recipe: A Bunch of Lawyers, $30 Million
The Los Angeles office of Graham & James has at last secured victory in a drawn-out patent case that could bring in a contingency fee of more than $30 million. So why isn't everyone smiling? Maybe it's because the fee came only after a tiring, two-trial, two-appeal court battle, but it may also be due to the internecine fighting in the L.A. office over who will get what and under what circumstances.Dennis Quaid Wants Case About His Infant Twins' Drug Overdose to Stay in Illinois
Actor Dennis Quaid and his wife are trying to take their case against Baxter Healthcare Corp. to the highest court in Illinois two years after their infant twins suffered a drug overdose due in part, they argue, to the company's confusing drug labeling. The Quaids, represented by Chicago attorneys Susan Loggans and William Harte, petitioned the Illinois Supreme Court on Wednesday to review their case and potentially overturn an appellate court ruling dismissing their lawsuit on jurisdictional grounds.Supreme Court Ruling Opens Courts to More Class Actions
Justice Ruth Bader Ginsburg dissented in a ruling that allows certain class actions barred or limited by state laws to be pursued in federal courts.Cite as: Elliott Associates v. Porsche Automobil Holding, 10 Civ. 0532, NYLJ 1202476997376, at *1 (SDNY, Decided December 30, 2010)Before: Harold Baer, Jr.
LoL, BTW ... My Boss Is Monitoring Every Text That I Send, ;)
The Supreme Court on Monday leaps into the high-tech world of text messaging in a challenge with potentially huge implications for the privacy rights of senders and receivers and for workplace communications.DLA and Piper Rudnick Make Merger Official
London's DLA and the partners of Piper Rudnick voted to merge the firms Saturday, creating what on Jan. 1 will be the world's third-largest law firm measured by lawyers and fifth-largest measured by revenues.Gide Adds Trio to Vietnam Office in International Reshuffle
Gide Loyrette Nouel is building up its Vietnam presence, adding three lawyers to its Ho Chi Minh City office this month. The French firm relocated Jacques de Servigny to be the new partner-in-charge of the Vietnam practice, which also has an office in Hanoi. De Servigny headed Gide's Budapest office since it opened in 1993 and helped oversee the firm's Eastern European expansion. Gide also hired Sullivan & Cromwell's London-based associate Samantha Campbell to head its Vietnam banking and finance practice.Nearly 50 amicus briefs have piled up arguing for and against corporate liability for overseas human rights violations, as Quinn Emanuel's Kathleen Sullivan prepares to argue for Royal Dutch Shell in the first case of the new U.S. Supreme Court term.
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