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June 03, 2008 | Daily Report Online

Wachovia's CEO ouster may foretell new losses, takeover

Wachovia Corp. fell to the lowest since July 1995 after the bank ousted Chief Executive Officer Kennedy Thompson, signaling the company may report a second-quarter loss. Wachovia, the nation's fourth-biggest bank, dropped as much as 4.5 percent in New York trading, adding to a slide that has cost the lender more than half its market value in 12 months.
6 minute read
December 12, 2001 | Law.com

Ensuring the Admissibility of E-Mail Evidence

It's no secret that care needs to be taken in preserving electronic data during the discovery process. In addition to dealing with the fragile nature of computer evidence, there are a number of steps that attorneys can take to ensure that such data will be admissible.
8 minute read
September 22, 2009 | New York Law Journal

Trial Practice

Robert S. Kelner, the senior partner at Kelner and Kelner, and Gail S. Kelner, an attorney with the firm, write that it is imperative to ask a client whether he or she participates in a social networking site. Plaintiffs in personal injury actions, they say, are generally made aware of defendants' use of traditional videotaped surveillance techniques and warned that they may be on "candid camera" when they leave their homes, but the potential incursion into their privacy by unwanted "e-peepers" is becoming an ever increasing issue.
13 minute read
July 13, 2011 | The Legal Intelligencer

Reed Smith Opens Shanghai Office

Reed Smith has opened its third office in China with the creation of an outpost in the country's most populous city, Shanghai. The firm already has offices in Hong Kong and Beijing, with 120 lawyers between them.
4 minute read
June 21, 2011 | New Jersey Law Journal

Denial of $473M Tax Refund to Merck Upheld on Appeal

Merck & Co. Inc. is not entitled to a refund of $473 million in taxes paid when a tax-avoidance strategy failed, a federal appeals court holds.
6 minute read
April 21, 2011 | Daily Report Online

New budget spares judiciary

Georgia legislators cut funding for agencies across the board from the upcoming budget in an attempt to dig the state out of a financial hole, but the judicial branch was spared the brunt of the burden.The $18.3 billion budget for fiscal year 2012, which runs from July 1 of this year to June 30, 2012, cuts $210,753 in personnel and operations from the state Court of Appeals but adds $102,750 for e-filing software development.
6 minute read
January 13, 2012 | New York Law Journal

Revisiting Drug Sentencing, Determining Amount in Controversy

In their Eastern District Roundup, Harvey M. Stone and Richard H. Dolan, partners at Schlam Stone & Dolan, discuss an evidentiary hearing regarding a new amendment to the Sentencing Guidelines; a financial penalty imposed on a traveler to Cuba for failing to provide information about the unauthorized trip; and the finding that limitations on attorney fees under applicable law prevented a plaintiff from meeting the $75,000 "amount in controversy" requirement.
12 minute read
August 05, 2011 | Law.com

Shale Boom Keeps Firms Busy With Fracking Deals

Shale continues to fuel not just the energy industry but also some of the United States' largest law firms. Skadden and Akin Gump have picked up key advisory roles on a $742 million deal, while another $300 million shale deal has received regulatory approval, and K&L Gates is launching a new energy, infrastructure and resources practice group.
4 minute read
December 28, 2009 | New York Law Journal

Big Firm Defectors Claim Risk of Starting Boutique Is Paying Off

8 minute read
December 27, 2011 | Daily Business Review

Billing rates on rise for third year in a row

Law firm billing rates are on the rise, but modesty is the operative word. The average increase in firmwide hourly rates was 4.4 percent this year.
6 minute read

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