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U.S. Firms in London Say They're More Merger-Minded
Legal Week's annual survey of U.S. firms in London reveals that 47 percent of respondents would consider a merger with a U.K. firm, up from 39 percent last year and just 29 percent in 2005. The trend may signal that firms realize how hard it is to grow organically in the London legal market, which by some measures is now the most costly in which to operate worldwide. Putting additional pressure on U.S. firms: the weak dollar and the related disadvantage in attracting heavy-hitting London partners.The AmLaw 100: Firing On All Cylinders
For the third year in a row, the nation's 100 largest law firms saw double-digit growth in gross revenue. What effect did turmoil in the capital markets and a merger boom have on the AmLaw100?NYC Claims Exception in New Federal Law Allows Gun Suit
The fate of New York City's lawsuit against the gun industry may rest on how a federal judge interprets an exception to sweeping legislation recently enacted by Congress. The city's suit alleges that manufacturers have created a public nuisance through their sales and marketing of guns, which end up in the hands of criminals. While the Protection of Lawful Commerce in Arms Act clearly was intended to curtail such lawsuits, the judge focused on an exception provision during oral arguments Monday.Kelley Drye in Merger Talks With Collier Shannon
Kelley, Drye & Warren, a New York-based firm with more than 300 attorneys, is in advanced merger talks with the 82-lawyer D.C. firm Collier Shannon Scott, both firms confirmed Tuesday. The merger would be the latest in a string of acquisitions in the D.C. legal market, which has seen many local midsize firms swallowed up by out-of-town players looking to bolster their presence inside the Beltway.DOJ, Tobacco Lawyers Back in Court Over Injunction
Government lawyers and attorneys for a group of tobacco companies met Wednesday to discuss how to implement a sweeping injunction lodged against the industry in 2006 by a federal judge who found the companies conspired for decades to conceal the health risks of smoking. The government's case against the tobacco companies -- including Philip Morris USA (whose parent company is Altria Group) and R.J. Reynolds Tobacco Co. -- has been held up in appellate courts since the injunction was issued.Public interest groups, known for advocating for human rights and civil liberties, are playing a bigger and bigger role in the world of intellectual property law.
9th Circuit Backs Suit Challenging 'Vexatious Litigant'
A unanimous panel of the 9th U.S. Circuit Court of Appeals has revived a suit against California Chief Justice Ronald George over the constitutionality of the state's vexatious litigant statute.Rosen Gaining on Carr in DA Fundraising
The Santa Clara challenger raised $79,000 in the last two months, but the incumbent still holds a large lead. In San Francisco judge races, Ulmer and Colfax maintain comfortable fundraising advantages.Seyfarth Shaw plans to link merit pay and billing rates for associates
Seyfarth Shaw rolled out more details Wednesday on how its new merit-based compensation system for associates will work. The new merit levels will be the basis for how much the firm charges clients for associates' legal services, the firm said.Trending Stories
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