0 results for 'Reed Smith'
Dechert to Hike First-Year Pay by $20,000 in Philadelphia, Princeton
Dechert last week announced that first-year associates joining the firm this fall will earn $125,000 a year -- a $20,000 increase from last year. The new salary will go into effect on Jan. 1 for associates in Dechert's Philadelphia and Princeton offices. This flashback to boom-time economics contrasts sharply with some firms' efforts to tighten their belts by laying off associates or support staff.Dual Fen-Phen Cases Dismissed for Lack of Doctors' Testimony
The coordinating judge of Philadelphia's Complex Litigation Center has dismissed two more fen-phen cases in which physicians who prescribed the plaintiffs diet drugs were not deposed and are currently unavailable to testify. The judge wrote that summary judgments in favor of Wyeth were proper because the plaintiffs could not establish that their doctors would have altered their prescription habits had the pharmaceutical giant issued different warnings concerning the potential risks of the diet drug.FTC Signs Off on Internet Legal Referrals
Internet services that match lawyers with potential clients have found a new admirer: the Federal Trade Commission. There has been much debate among state bars as to whether the services violate ethical rules and bans on nonlawyer referrals for legal help, but the FTC has concluded that the services are "likely to make it less expensive for consumers to evaluate providers." Anna Ostrovsky of referral service LegalMatch calls the FTC's stance a "powerful endorsement of the industry."Dechert Announces $20K Hike in First-Year Associate Pay
In a surprise move, Dechert this week announced that some first-year associates this fall will be earning $125,000 per year -- a $20,000 increase from last year. The new salary will go into effect on Jan. 1 for associates in Dechert's Philadelphia and Princeton, N.J., offices. This flashback to boom-time economics contrasts sharply with industry wide efforts to tighten belts by laying off associates or support staff.Man Who Settled Vioxx Suit Sues Three Firms and Three Lawyers
An Ohio man who accepted an approximately $100,000 settlement for his Vioxx personal-injury claim has filed a negligence suit against three Houston firms and three Houston lawyers, alleging the defendants made paperwork errors in his case file that reduced the size of his settlement. The plaintiff said that he should have received a settlement totaling more than $436,000.Trending Stories
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