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New York City to Pay $3 Million to Settle Shooting Death Claims
New York City on Tuesday agreed to pay $3 million to the parents of Amadou Diallo, an unarmed immigrant from Guinea who was killed in a hail of gunfire from four undercover police officers in front of his Bronx apartment in 1999. The attorney who represented Diallo's mother said the settlement is "most definitely the highest in New York" under the state's wrongful-death statute for a person in circumstances analogous to Diallo's.Makeovers on hold as consumer caution reinforces Bernanke view
Americans are delaying renovations to kitchens and bathrooms, curbing sales at Home Depot Inc. and Lowe's Cos. and underscoring Federal Reserve Chairman Ben S. Bernanke?s concerns the recovery is "disappointingly slow."WilmerHale, Steptoe & Johnson the Next to Raise First-Year Pay in D.C.
WilmerHale and Steptoe & Johnson both raised pay for first-year associates in their D.C. offices to $145,000 Wednesday, joining the competition and establishing a new benchmark in the Washington market. WilmerHale also announced it would match the market price of $160,000 for its New York office. Steptoe raised salaries in its New York office to $145,000.Supremes to Decide on Litigants' Access to Federal Court
The Supreme Court decided Tuesday to use cases involving a child's cut finger and an Exxon Mobil promotional program to determine when lawsuits belong in federal or state court. At issue is whether litigants should have access to federal court when their cases don't meet legal requirements but allege the same basic facts as other cases that do. Circuit courts are closely divided on the issue, which could help avoid duplicative trials but overburden federal courts in the process.View more book results for the query "*"
Mentoring Programs Provide Efficient Training
Associates clamor for mentoring programs, recruiting departments brag about them, associate development departments launch them and books and articles extol their virtues and effectiveness. Why, then, in the face of all this positive press and data, have law firms been slow to put such a valuable tool to work?Law Firms Ink Big Deals in Hot India Market
The soaring Indian economy is generating tons of work for U.S. law firms, from IPOs to overseas acquisitions. Prevented by law from setting up shop or practicing in India, many coordinate work from Singapore or London. The work is lucrative despite the downward pressures on rates from some Indian clients. And Abrar Hussain, a senior counsel at Akin Gump Strauss Hauer & Feld, notes that while the growth in China is largely government-fueled, India's is driven by external financing such as private equity.Batchelor Foundation blames BDO Seidman audits for investment losses
The work of accounting firm BDO Seidman is under scrutiny in a Miami courtroom in a case filed by the Batchelor Foundation. The Miami Beach nonprofit claims $79 million in investment losses at a publicly traded company that flopped 10 years ago.Supreme Court Decides Indexing Deeds and Mortgages No Longer Required
In a decision that title insurers are trying to fully digest, the Pennsylvania Supreme Court has decided that documents transferring permanent interests in real estate do not need to be indexed after recording in order to provide constructive notice to subsequent purchasers or lenders. In doing so, the Supreme Court also determined that even though a mortgage by its own terms is for a period of years, it is nonetheless a permanent document.Trending Stories
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