The U.S. Judicial Panel on Multidistrict Litigation has rejected a higher percentage of centralization requests in recent years, a trend the head of the panel told Law360 was due in part to a rise in patent cases and other types of litigation he said were more likely to center on individual issues.
A significantly smaller percentage of in-house counsel used some form of alternative legal fee structures last year, according to a new legal survey from Fulbright & Jaworski LLP that defied previous years' upward trends and more vocal criticism in recent years of the billable hour.
Corporations beefed up their legal departments in 2012 and expect to do the same this year, according to a new report, with mounting regulatory challenges and abundant litigation combining to boost the need for in-house expertise.
Regulatory investigations reached a five-year high in 2012, driven in part by a global bribery crackdown that forced companies to hire additional counsel and change their business practices, according to a survey of in-house attorneys released Tuesday by Fulbright & Jaworski LLP.
As merger activity picks up and emerging markets lure growth-hungry companies, buyers continue to be on high alert for bribery and corruption in overseas acquisitions, according to a new survey from Fulbright & Jaworski LLP.
In-house corporate lawyers last year rated fixed-fee legal pricing the most effective alternative fee model to the straight billable hour, according to an annual Fulbright & Jaworski LLP survey released Tuesday.
Competition lawyers who have garnered in-depth knowledge of their client's businesses and put it to practice tend to stand out in the minds of in-house counsel, according to a new survey that recognizes eight competition attorneys as exceptional client service providers.
Corporate counsel singled out nearly 100 litigators as the most client service-driven in their field thanks to their innate ability to deliver solid outcomes, effectively communicate litigation strategy and prioritize their clients' business interests.
The number of antitrust lawsuits filed in federal court increased last year for the first time since 2008, according to figures obtained Monday from the Administrative Office of the U.S. Courts.
The Federal Trade Commission has taken enforcement action on nearly every pharmaceutical merger it has examined in depth since 1996, according to data the antitrust watchdog released Friday.
The U.S. Department of Justice collected a record $1.1 billion in criminal antitrust fines during the 2012 fiscal year, nearly doubling the previous year's total largely because of the watchdog's $500 million price-fixing penalty against AU Optronics Corp.
The American Medical Association said Wednesday that the U.S. health insurance market suffers from a widespread lack of competition that has resulted in higher premiums or reduced benefits.
As attorneys await an upcoming compliance guide to the Foreign Corrupt Practices Act from the U.S. Department of Justice, a recent study finding that companies self-reporting violations don't necessarily get breaks on sanctions from regulators lends support to the business community's calls for clear-cut cooperation rules, experts say.
When investigating potential violations of the Foreign Corrupt Practices Act, multinational companies' and their counsel's biggest roadblocks come in the form of high costs and varying data privacy laws — hurdles that experts say won't go away anytime soon.
When dealing with high-stakes litigation, there are four top-notch firms that in-house counsel dread seeing on the other side of the courtroom, according to a new survey of corporate counsel.
Riding a sharply rising tide of enforcement, recoveries under the False Claims Act will likely hit record highs in 2012, with most imminent claims likely to come from the health care industry, according to a report issued Thursday by Gibson Dunn & Crutcher LLP.
With more than $810 million in antitrust penalties already in pocket in 2012, the U.S. Department of Justice is set to surpass its previous $1 billion high, according to a new report, and those numbers won't be dropping any time soon thanks to the watchdog's ongoing auto parts probe and its well-entrenched leniency program.
Federal prosecutors are on pace this year to sign a record number of corporate settlements, showing they want to punish companies for wrongdoing but not put them out of business, experts say.
For the second year in a row, Law360 has selected and ranked the 20 law firms with the greatest global reach and expertise.
A new report based on interviews with corporate counsel has identified the eighteen law firms with the strongest brands in the legal market.
When a client comes to the antitrust doctor with a case of “cartelitis," there is often a good news/bad news discussion. The benefits of the corporate leniency “cure” are well known, but the patient must understand the long list of unpleasant side effects before proceeding. And, in some situations, the best option may be to seek an alternative treatment, says Robert Connolly of DLA Piper.
Reading the U.S. Department of Justice's complaint challenging the consummated merger between Bazaarvoice Inc. and PowerReviews Inc. reminds me of the old Wendy’s commercial in which a little old lady looks at a tiny fast-food hamburger and asks, “Where’s the beef?” The absence of actual evidence of anti-competitive impact sits at odds with successful post-merger challenges, says David Balto of the Law Offices of David A. Balto.
The U.K. Bribery Act is somewhat complicated. Not surprisingly, therefore, misperceptions have arisen regarding its provisions, especially regarding the requirements, scope and exclusivity of Section 7 corporate liability, says Eli Richardson of Bass Berry & Sims PLC.
The pros of using predictive coding far outweigh the cons. Given the heavy pressure on law firms and in-house counsel to reduce discovery costs, as well as the Justice Department's recent stance on the subject, it appears predictive coding will continue to emerge from the obscure world of legal technology to the mainstream of legal practice, say Michael Moscato and Myles Bartley of Curtis Mallet-Prevost Colt & Mosle LLP.
The extraordinary criminal bribery charges against two registered representatives of a U.S. broker-dealer and a high-level Venezuelan government official highlight that a broker-dealer’s anti-money laundering procedures, as well as oversight of their registered people, should have a Foreign Corrupt Practices Act component if the firm is doing international business, say attorneys with Duane Morris LLP.
In many circumstances in antitrust litigation, standing up as a class representative may be an effective way to protect the company’s interests while assuring that it and other victims of anti-competitive behavior receive the monetary recovery they deserve, say Kellie Lerner and Ryan Marth of Robins Kaplan Miller & Ciresi LLP.
When U.S. District Judge Naomi Reice Buchwald dismissed a consolidated, multidistrict batch of antitrust and racketeering suits in Manhattan earlier this spring, she suggested plaintiffs seeking to recover from banking giants at the heart of the interest rate-fixing scandal might have better luck with securities fraud claims. But those plaintiffs will need to be lucky indeed. Two recent developments show that obstacles are inherent and, perhaps, insurmountable, say attorneys with Choate Hall & Stewart LLP.
The emergence of a cooperating witness begins to complete the puzzle of the scheme to defraud and catapults the investigation to new heights. A recent arrest by the FBI in an ongoing Foreign Corrupt Practices Act investigation appears to follow this same modus operandi, says Douglas Small of Berkeley Research Group LLC.
A New York federal court recently entered a final judgment against a former Siemens AG executive for his alleged role in a purported $100 million bribery scheme for Siemens to obtain a $1 billion contract from Argentina. Third-party sham contracts continue to be a prevalent theme in the alleged facts contained in corruption enforcement filings and resolutions, say attorneys with Fulbright & Jaworski LLP.
The California Supreme Court's upcoming decision in Hartford Casualty Insurance Co. v. Swift Distribution Inc. will resolve a hot debate about the scope of implied disparagement liability under California law, likely determining whether insurers must defend lawsuits involving allegations of intellectual property infringement, unfair competition and false advertising, says Tyler Gerking of Farella Braun & Martel LLP.