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A prelude to layoffs? Mayer Brown evaluates practice areas
Mayer Brown is conducting a firmwide evaluation of its staffing needs in light of a slowdown in some practice areas, the firm said. U.S. law firms generally have seen a decline in some practice areas such as mergers and acquisitions, real estate development, and securitization work as access to credit in the U.S. has dried up and lending terms have become more demanding. Many firms have cut lawyers while some firms have simply been forced to dismantle.High Court Takes Up 10 Cases -- But Where's Pledge?
The U.S. Supreme Court granted review in 10 new cases Tuesday, fleshing out its docket with criminal law and federalism cases, but not yet acting on the dispute over the wording of the Pledge of Allegiance. The court's actions came following Monday's "long conference," at which the justices came back from their summer recess and privately sifted through more than 2,000 cases to find a handful that four or more of them agreed merited the high court's attention in the upcoming term.
Out With the Old, in With the New
On May 12, Pennsylvania's new child support guidelines will become effective. Though there are several questions regarding what impact the changes will have, I feel safe in making one prediction.
Haag Moves Closer to U.S. Attorney Job
Breaking News: Melinda Haag's chief rival to succeed U.S. Attorney Joseph Russoniello has taken another job.
Law Journal Press | Digital Book
New Jersey Business Litigation 2025
Authors: Paul A. Rowe, Andrea J. Sullivan
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Office Depot reaches settlement with SEC
Office Depot, the second-largest office-supply retailer, said it reached a proposed settlement over allegations it improperly communicated with analysts.Securities Lawyers Fight Over Informants
The mountain of evidence against Enron is a spectacular anomaly. Under the Private Securities Litigation Reform Act, lawyers are often forced to hire private investigators to find enough evidence to survive a motion to dismiss. Now, the 5th U.S. Circuit Court of Appeals must decide a threshold issue for those lawyers: When must they reveal the identities of the confidential sources they rely on for evidence of fraud?Fumo Convicted by Federal Jury on All Counts
After a five-month trial that was riddled with unusual twists, a federaljury on Monday convicted former Pennsylvania state Sen. Vincent Fumo on all 137 counts, delivering a sweeping victory to the federal prosecutors who accused Fumo of abusing his power to fund a lavish lifestyle on the tabs of taxpayers and a charity he created and controlled.Trending Stories
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