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Searching for a Holy Legal Grail in Israel
Where high-tech communities flourish, law firms follow. And that means U.S. lawyers are on their way to Israel, which now ranks as the second fastest-growing high-tech region in the world.Texas. So far, however, U.S. law firms eager to exploit Israel's high-tech explosion have been held at bay by restrictive regulations governing the practice of law there. Yet that's now beginning to change.Napster Still Not Out of the Woods
Bertelsmann's decision to work with Napster is good news for the wildly popular but besieged music-sharing service. Still, its supporters might think twice before breaking out the champagne. Napster still faces the very real possibility that it will be shut down by a three-judge panel of San Francisco's 9th U.S. Circuit Court of Appeals.Arbitration is No Simple Matter
The arbitration clause in Rafael Crespo's employment contract was just that--a clause, short and sweet. And that was its undoing. Mr. Crespo was a building supervisor until the building owners fired him in 1995. He wanted to sue them, but his bosses insisted that he was barred by a clause his union had negotiated saying that all differences over the application or performance of any part of the contract must go to binding arbitration. His attorneys responded that the simple reference to all differencesL.A. Firms' Dirty Little Secret: Hourly Rates
The big firms are getting used to announcing gross revenues that have become, well, gross. They're begrudgingly willing to talk about partner draws that are moving to the million-dollar neighborhood. What the big law firms are still downright shy about are the building blocks of all that filthy lucre: billing rates. Los Angeles insiders don't want to go on the record about charging $500 for partners. Why? "When you start raising rates, you change the way lawyers view each other," says one recruiter.Oracle's Jacobs Has Fun with Former Sun CEO
MoFo partner employs sarcasm, and even a hand gesture, in key cross-exam.Trending Stories
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