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For the first time, China's securities regulator has agreed to turn over audit documents related to an ongoing SEC investigation of a U.S.-listed Chinese company.
Summer Associates Survey 2011: A Season In the Sun
After two years of economic anxiety, summer associates rediscover their optimism.Pennsylvania Opens Its Doors - a Little - to Foreign Lawyers
Slowly and with deliberate exceptions, Pennsylvania is becoming friendlier territory for foreign attorneys wanting to practice within its borders. The Pennsylvania Supreme Court has authorized a licensing process for "foreign legal consultants" who would be permitted to advise clients in Pennsylvania on the law of their home countries.Big Firms Growing -- by a Thin 1.5 Percent
The nation's 250 largest law firms continued to grow last year, but just barely. The attorney head count inched up by 1.5 percent, compared with last year's 1.6 percent -- the lowest since 1994. Even more revealing, the number of associates dipped by 3.5 percent. It was only the third time in 27 years that associate staffing dropped in consecutive years.Beus's 30-lawyer firm doesn't even have a Web site. But he managed to stave off Pfizer's revolving cast of defense lawyers for six years--long enough to for his client, Brigham Young University, to reach a $450 million deal to settle claims that Pfizer breached a research agreement and ripped off trade secrets to develop its blockbuster arthritis drug Celebrex.
First-Year Pay on the Rise At Three Philadelphia Firms
Just as folks were digging out from this weekend's snowstorm, a new front hit the city yesterday: salary increases.An appellate court ruled on Thursday that the Federal Aviation Act preempts the state regulation of all airlines. The decision came in a long-running litigation in which major carriers have been accused of conspiring to keep cargo shipping rates artificially high.
Judge Enjoins Cigar Maker's Use of Cohiba Name
Among cigar aficionados, the Cohiba name has a legendary mystique. Although the brand originated in Cuba, Cohibas have been marketed in the U.S. by an American company called General Cigar for more than a decade. But how long it will continue to do so will depend on the 2nd Circuit. In a decision made public on Monday, Manhattan Federal District Court Judge Robert Sweet enjoined General Cigar from using the Cohiba name. But Judge Sweet also stayed the injunction pending General Cigar's appeal.Trending Stories
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