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Old-Line O'Melveny Seeks a New Breed of Client
O 'Melveny & Myers is promising its services to fledgling high-tech clients for equity instead of cold, hard cash. One day that start-up might go public and make anyone holding stock richer than rich. After all, the new object of commercial and legal interest these days is a bustling technology corridor that stretches from San Diego to Santa Barbara. And O'Melveny doesn't want to miss out.New Twist In Class Action Law Could Affect Coke Race Case
U.S. District Court Judge Richard W. Story must decide whether to throw out a proposed class action suit brought by minority workers accusing the Coca-Cola Company of racial discrimination. He will be one of the first jurists to test a legal theory that may severely limit employment discrimination class action cases. The theory bars plaintiffs seeking primarily money damages rather than injunctive relief from pursuing a widely filed type of class action.Akamai-Speedera Merger a Case of Sue and Make Up
One way to end a protracted and bitter battle between two rivals -- marry them. Fenwick & West helped the shotgun wedding of two Internet technology companies that was consumated with $130 million stock deal earlier this month. Thanks to another firm's conflict of interest 15 years ago, Morgan, Lewis ended up at the center of an $11 billion-plus acquisition that's being called a throwback to the massive buyouts of the 1980s.How to Download the Perfect Summer Associate
In the late 1980s, law firms wooed would-be associates with endless rounds of cocktail parties, barbecues and nighttime cruises. As the industry surges again, competition is once again fierce for the best and the brightest. This time, though, senior law firm managers are being called to meet the younger generation where it lives -- on the Internet.Governor Names 15 for Trial Court Seats, Including 3 in Bay Area, 8 in L.A.
McGuireWoods and Crowell & Moring scored a $920 million win for DuPont last year after convincing a jury that South Korea's Kolon Industries stole trade secrets related to Kevlar. Now it's the Justice Department's turn.
In and Out: The Challenge of Associate Retention
Firms sink a lot of time and money into recruiting candidates with just the right mix of grades, gumption and personality. But what happens then? A lot of them leave. According to a recent study, about eight percent of associates left during their first year of employment; cumulative losses reach 38 percent by the third year, and nearly 60 percent by the fifth year.Black Employees Take Coke to Court
A U.S. District Court judge ordered Coca Cola Co. to deliver six years' worth of computerized data about thousands of workers to answer a disrcimination suit brought by more than 1,500 black employees. The company argues that the plaintiffs' claims are too individualized to be resolved in a class action.In-House Counsel Can Cut Budgets While Firms Increase Profits
"What can I do to win your business?" is a question Jason Mark Anderman frequently hears as an in-house attorney at a Fortune 500 company. He also thought it was the wrong question. To him, it exemplified two problems: 1. He did not know enough about the internal pressures a company faced in selecting outside counsel, and 2. he did not have anything uniquely competitive, compared to other firms, to focus on.Trending Stories
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