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August 30, 2002 | Law.com

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."
6 minute read
October 27, 2003 | New York Law Journal

ABS Partnership v. AirTran Airways Inc.

Contract Permits Cancellation Only Before Delivery Dates in Agreement, Only Upon Payment of Set Fee
11 minute read
April 24, 2000 | Law.com

Dot-Com Drop-Off

The stock market has sent a clear message to high-tech deal-makers: your job just got harder. The stock market meltdown of April 14 turned the high-tech industry on its head, indicating that investors' seemingly insatiable appetite for Internet and e-commerce stocks may finally have waned.
5 minute read
November 13, 2006 | National Law Journal

The 2006 NLJ 250

The National Law Journal's 29th annual survey of the nation's 250 largest law firms, covering the period of Oct. 1, 2005, to Sept. 30, 2006.
6 minute read
June 29, 2000 | Law.com

The Way We Were

Ten years ago, prospects weren't good. Over half of Am Law 100 firms saw their profits per partner sink, and firms routinely laid off associates. The contrast in 1999 couldn't have been sharper: profits per partner registered almost universal gains, and associates were the hottest commodity since Beanie Babies.
5 minute read
March 09, 2006 | Law.com

Plaintiffs Firm's Breakup Sparks Accusations, Bitter Court Fight

Two Manhattan personal injury lawyers, once partners, are now facing each other in a bitter court fight over their firm's breakup. Seth Rotter is seeking $40 million from former partner Alan Ripka; Ripka's new firm, Napoli Bern Ripka; and its lead partners, alleging that Ripka abandoned his former firm but misinformed clients so they would switch to Napoli Bern. Rotter's lawyer says his client launched Ripka's career, while Napoli's Marc Bern says Ripka was carrying the Ripka Rotter firm.
4 minute read
October 19, 2005 | Law.com

Current Disputes a Watershed Moment for Unions

The outlook for organized labor seems to grow worse by the day in this period of turmoil for unions. Auto supplier Delphi's bankruptcy filing puts thousands of union jobs at risk. And the Teamsters and other unions broke from the AFL-CIO this summer, saying the larger union confederation has lost its effectiveness. One expert says the challenges are intensifying due to fierce competition and the pressures of the global economy. By and large, says another expert, unions are in crisis.
5 minute read
April 12, 1999 | Law.com

Ex-Partners Sue Wilson Elser

Two former partners of New York's Wilson, Elser, Moskowitz, Edelman & Dicker, who quit in 1997 after it rewrote a partnership agreement that they claim benefited a handful of senior partners, have sued. They're demanding an accounting of their partnership shares as if the firm had dissolved, which would give them a claim to more money than if they had cashed out as departing partners of an on-going firm.
4 minute read
March 11, 2003 | Law.com

Working Overtime

The number of overtime suits filed in the Southern District of Florida nearly doubled from 2000 to 2002, and collective actions brought under the Fair Labor Standards Act more than tripled, according to a recent survey. While some point to the nature of the South Florida work force and its employers, critics blame an overzealous plaintiffs' bar, noting that the FLSA requires the losing party to pay attorney fees.
8 minute read
September 15, 2005 | Law.com

Firms Heed Wal-Mart's Call for Diversity Action

Firms have begun to respond to Wal-Mart's urgent call for diversity action. Almost all of Wal-Mart's 100 largest outside counsel have submitted slates in response to Wal-Mart's requests for three to five potential relationship partners, which are to include at least one minority and one woman. And firms are showing other "good faith" pro-diversity efforts, such as pitching in to assist a Future Latino Leaders Law Camp.
4 minute read

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