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Certifying Classes in Securities Class Actions
Despite the increase in securities class action filings since the Private Securities Litigation Reform Act passed in 1995, issues relating to class certification are largely undeveloped. Changes in market fundamentals, divergent investor trading habits and class action damage models, when coupled with the recent case law, mandate a rethinking as to when class certification is appropriate.Rehnquist Says Pay May Turn Judiciary Into European-Style Civil Bureaucracy
The New Year`s Day lament from Chief Justice William Rehnquist was familiar: Federal judges are not paid enough, and Congress needs to do something about it.Daily Decision Service Alert: Vol. 21, No. 233 – December 3, 2012
Daily decision alert.Remarks on Detainees Cement Bond Between Firms and Corporate Clients
When Pentagon official Charles "Cully" Stimson rattled off a list of firms representing Guantanamo Bay detainees in a now-infamous radio interview, he predicted that businesses would shun their outside counsel. But instead of getting dumped, those firms are largely enjoying support from Fortune 500 clients. General Electric GC Brackett Denniston, for one, says GE will not discriminate based on a firm's pro bono choices -- good news for the more than 120 corporate firms handling detainee cases.With Changes Afoot, DLA Lands Role on Dual Discovery Deals
DLA Piper is advising Discovery Communications on a pair of big deals in Europe as the world's largest nonfiction media company moves to expand its reach on the continent. The assignment caps a busy 2012 for DLA, which made a spate of lateral hires this year while launching a strategic review of its U.K. and Pacific Rim operations that is likely to result in a reduction in lawyers and staffers.On the Stump: Lawyer-Candidates Try To Unseat Tom DeLay
Two lawyers ďż˝ a Democrat and an Independt ďż˝ are fighting an uphill battle to defeat U.S. House Majority Leader Tom DeLay, the architect of the Texas redistricting plan.What Judges Want and Expect From Appellate Advocates
Victor Olds, an adjunct professor of appellate advocacy at Brooklyn Law School and the managing director and general counsel of Bedford-Stuyvesant Legal Services, writes: Every appellate practitioner knows that the success or failure of an appeal depends upon a number of important factors, among them a correct understanding and application of the substantive and procedural law involved, and an ability to advocate one's position persuasively to the reviewing court. Many of the skills associated with these factors are acquired in law school clinical settings, through CLE courses, and by trial and error resulting from years of handling appeals. While these are all useful methods of instruction, another valuable insight into effective appellate advocacy - indeed, perhaps among the most useful - is simply to consult the people ultimately charged with deciding the appeals.Trending Stories
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