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Weil Slashes 60 Associates, 110 Staffers
Citing a drop in demand for premium legal services that he called the "new normal," Weil, Gotshal & Manges managing partner Barry Wolf announced Monday that the firm is trimming associate head count by 7 percent, laying off 110 nonlawyer employees, hitting some partners with "meaningful compensation adjustments," and reducing its complex commercial litigation practice in Houston and Boston.Lockheed case at Calif. high court ends abruptly
The California Supreme Court's decision to dismiss a major toxic tort case involving Lockheed Martin baffled appellate specialists and others who felt the court took the step of last resort for no valid reason. Late Thursday, Justices Joyce Kennard, Marvin Baxter and Carol Corrigan belatedly joined Justice Ming Chin in recusing themselves from the case. Appellate specialists said that even if those four felt they had conflicts, there had to be someone within the judicial system who could have filled in.Deal Watch: Client's buyouts keep DLA busy
The recent run by Radiant Systems Inc. to gobble up its re-sellers in the U.S. and abroad has meant a steady stream of work for DLA Piper partner Michael E. Rubinger.Radiant, of Alpharetta, makes point-of-sale systems that process retail transactions at restaurants, movie theaters, stadiums and other locations. Radiant also makes the software that runs the units.Web Site Metatags Can Raise Infringement Issues
The use of the trademarks of others as "metatags" associated with a client's Web site can create trademark infringement liability. Often, individuals creating the metatags may not even be aware that such use can constitute infringement. Traditional clearance searches and monitoring may not be enough to protect a client from infringing the trademarks of others, or from having its own trademarks infringed.Gate City Bar Chiefs NullifyElection, Callfor New Vote
Meredith [email protected] "irregularities," the Gate City Bar Association has thrown out the results of its December election for president and will hold a new election Jan. 13. One candidate called it a "Floridaesque" situation.The bar's board decided last week not to certify the votes from the Dec.Court OK's border fence despite environmental worry
3rd Circuit Slashes Punitives, Imposes 1-1 Ratio
Slashing a $6.25 million punitive damages award down to $2 million, the 3rd U.S. Circuit Court of Appeals has ruled that in most cases where the plaintiff wins a "substantial" compensatory award and the damages were purely economic, a 1-1 ratio should apply.Conference Call: Another Exxon case before Supreme Court
Two weeks after agreeing to review a $2.5 billion punitive damages award arising from the Exxon Valdez oil spill, the Supreme Court will consider whether to grant another Exxon petition � this time regarding alleged human rights violations committed by Indonesian soldiers hired to guard an Exxon natural gas facility. The case presents a narrow legal question but Exxon claims that the suit's foreign policy implications could be substantial.Trending Stories
- 1Arguing Class Actions: With Friends Like These...
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- 3Fried Frank Partner Leaves for Paul Hastings to Start Tech Transactions Practice
- 4Stradley Ronon Welcomes Insurance Team From Mintz
- 5Weil Adds Acting Director of SEC Enforcement, Continuing Government Hiring Streak
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