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Can Hard-Charging Howrey Keep Winning Streak Alive?
Just before Christmas 2003, Howrey Simon got a huge present a class action against several tobacco companies. The gift: a $65 million fee award from a settlement in the case. That was 2003. In 2004, the firm headed back toward earth. It didn't have tens of millions in tobacco fees to dole out to partners, associates, and staff, or to pursue its aggresive growth strategy. Now, the firm faces a tough question: Can they keep the momentum going, or was the post settlement slip indicative of more to come?Testifying Experts and Scientific Articles: Reliability Concerns
In his Products Liability column, Michael Hoenig, a member of Herzfeld & Rubin, writes that experts increasingly testify about, interpret and extrapolate from articles, yet the authors are unavailable to be cross-examined about reliability of the data presented or limits on conclusions the testifiers should draw from the work product.The 50 Most Influential Minority Lawyers in America
At last count, a mere 5.4 percent of partners at U.S. law firms were members of minority groups. For women of color, the figure was fewer than 1.7 percent. But those numbers represent an amazing group of people and a payoff for the firms, law schools and corporations that invested in diversity. The National Law Journal, through readers' nominations as well as its own research, compiled the top 50 most influential minority lawyers in the United States who made an impact during the past five years.Blanca Commercial Real Estate brokers worked 5-year, $5M lease
Danet Linares and Andres del Corral represented landlord Agave Holdings in the leasing of 22,280 square feet of office space in Coral Gables.Latham, Herbert Smith Lead on $20 Billion Project Finance Deal in Australia
A Japanese-French joint venture has secured the debt in order to develop a $34 billion liquefied natural gas project in the country.Chairman Pitofsky's Wild, Six-Year Ride at the FTC
It has been quite a ride for Robert Pitofsky, the 71-year-old chairman of the Federal Trade Commission, who stepped down after six years at the agency's helm. He leaves behind a legacy of sometimes risky but almost always successful antitrust enforcement, combined with a major expansion of the agency's consumer protection jurisdiction into cyberspace.Fire Fight: The Art of the Asbestos Deal
With 600,000 claimants, upward of $70 billion in legal fees and awards, and strong constituencies on both sides, a congressional solution to the asbestos litigation crisis has long been dismissed as too complex to achieve. But last week, six years after the Supreme Court called for legislation to fix the "elephantine mass of asbestos cases," a draft brokered by Senate Judiciary Chairman Arlen Specter unexpectedly surfaced. Even the bill's most ardent foes concede it has a reasonable chance of success.Trending Stories
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