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Associates Search for the Perfect Salary Fit
With first-year associate salaries at large law firms converging at $135,000, The Recorder focused its annual associate salary survey on "midsize" players. For many associates, choosing a top-tier national firm or a smaller regional outfit is a matter of balancing personal priorities and professional interests. McDonough, Holland & Allen associate Daniel Wolk was willing to forgo a top salary for the comfort of a smaller firm with lower billable hours: "What McDonough gave me just made more sense."
Catalog Sales Tax Bid Rebuffed
Connecticut officials have come up short in their six-year-long bid to require Dell Computers' catalog sales unit to start collecting sales tax on computers purchased by state residents. "This is a big loss for Connecticut," University of Connecticut School of Law tax professor Richard D. Pomp maintained. Taxes on Dell's in-state catalog sales alone could have generated $1 million or more a year in new revenue for the state.
Plaintiffs' Attorneys Mobilize to Soften New Pleading Standard
On May 18, the U.S. Supreme Court gave corporate defendants a gift that keeps on giving: the Iqbal decision, which has made it easier than ever for defendants to shut down lawsuits before they get to the costly discovery stage. Now, four months later, civil rights and consumer groups and trial lawyers are beginning to push back. They met on Sept. 14 in Washington, D.C., to lay plans for a two-pronged battle to undo what they see as a devastating blow to their lifeblood litigation.Finding Work as a Second-Career Lawyer
It would seem that the wealth of real life and business experience that second-career lawyers bring to the table would make them extremely attractive candidates to law firms. But there are real obstacles that have led some discouraged career changers to believe that, instead of market gold, they are "market poison." Here are some suggestions for finding -- and developing -- a successful position as a second-career lawyer.'Delphi' May Encourage Formation of Equity Panels
The appointment of an equity committee is a rare exception in Chapter 11 cases, yet, recently, in In re Delphi Corp., et al., the court directed just such an appointment -- at the request of a 9 percent shareholder and at the expense of the Delphi estate. The full impact of Delphi depends on who has the burden of proof on a subsequent motion to disband the committee and what level of proof will be required regarding the potential for a meaningful distribution to equity.2nd Circuit Dismisses Foreign Tax Claims Against Tobacco Companies
The legislative history of the USA Patriot Act does not show clear intent by Congress to abrogate a rule barring suits in the United States to enforce foreign tax judgments, the 2nd U.S. Circuit Court of Appeals has ruled.
Practical Responses to New Federal Rules on E-Discovery
As of Dec. 1, 2006, amendments to the Federal Rules of Civil Procedure, aimed directly at regulating e-discovery, have gone into effect. What, in practical terms, should prospective litigants and their counsel do, to comply with -- and take advantage of -- the new rules?Trending Stories
- 1Four Law Firm Mergers That Could Make Sense
- 2From Prep Basketball Star to Dechert Global Managing Partner, Vince Cohen Never Forgot His D.C. Roots
- 3Associates Say the Darnedest Things: 2024 Edition
- 4How We Made Partner: 'Stay Mindful of the Big Picture,' Say Jenna Smith & Lauren Goldman of Boies Schiller Flexner
- 5'Shocking, Distasteful…' A&O Shearman Lawyers Slam Johannesburg Office Closure
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Why Are So Many Law Firms Suddenly Embracing Digital Transformation?
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2025 State Legislative Sessions
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Retention & Online Reputation for Law Firms: 2025 Guide
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Europe's Escalating Regulatory Framework: Mapping Efforts to Mitigate Supply Chain Risks
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