Florida saw a $144 million drop in venture capital investment in 2012 when compared to the previous year, while nationwide venture capital funding fell 10 percent in dollar value, according to a recent report by PricewaterhouseCoopers LLP and the National Venture Capital Association.
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.
Patent holders in the U.S. are scoring big wins in patent infringement cases, and nonpracticing entities are reaping the largest damages on average, a study released Tuesday found.
Sixty-one percent of partners believe they should be paid more money, according to an attorney search consulting firm’s extensive survey on partner compensation at law firms.
More than anyone else, one firm delivers the lower rates clients want with the million-dollar service they expect, making it corporate counsel's top pick for best value, a new survey shows.
The number of women and minorities in law firms declined in 2010 for the first time in 17 years, probably because of widespread layoffs during the recent recession, according to the National Association for Law Placement Inc.
Women diagnosed with cancer after taking hormone-replacement therapy drugs like Wyeth's Prempro were more likely to succumb to the disease, according to new data released just an hour after Wyeth won a trial in multidistrict litigation over the menopause drug.
Law firms are increasingly looking to merge with their international peers in 2010, with three such deals taking place in the second quarter of this year, according to a recent analysis.
The state of New Jersey runs the highest risk of litigation and high tort costs, while Alaska has the lowest combined tort cost and risk, according to a study ranking the tort systems of all 50 states.
West Virginia and Louisiana are the worse states for tort and contract litigation, while Delaware and North Dakota courts provide the warmest legal climate for businesses, according to a survey of corporate lawyers and executives the U.S. Chamber Institute for Legal Reform released Monday.
Last year saw blockbuster settlements in off-label marketing cases, including the two largest such payments ever. And with the Obama administration's commitment to strong enforcement of consumer protection laws showing no signs of letting up, attorneys are predicting 2010 will bring even more legal activity and large penalties in the area of off-label marketing.
Technology, energy and telecommunications companies accounted for the biggest shares of antitrust settlements, fines and judgments paid in 2009, thanks to a handful of exceptionally large payments from Intel Corp., E.ON AG, GDF Suez, Telenor Group and others.
Companies are likely to face even more employment-related class actions and increased financial exposure from such claims in 2010, according to a litigation report by Seyfarth Shaw LLP released Thursday.
South Florida is this year's top “judicial hellhole,” reclaiming a title that it held in 2007 and then lost in 2008 to West Virginia, according to a report from a tort reform special interests group.
With each boasting about 170 lawyers largely dedicated to insurance work, Philadelphia-based Marshall Dennehey Warner Coleman & Goggin and Chicago-based Clausen Miller PC credit their success to strong regional specialization and diversity of services.
With nearly 30 percent of its attorneys devoted to bankruptcy work, Brown Rudnick LLP has the heaviest concentration of bankruptcy lawyers among firms with 100 or more lawyers, according to Law360's 2009 practice area survey.
With 319 top practitioners in its product liability group, Shook Hardy & Bacon LLP has long been a firm of choice for pharmaceutical companies in high-stakes product liability litigation. And the firm has stayed on top in the recession, leveraging its Midwestern roots to provide unbeatable value to clients.
Although Fish & Richardson PC has branched out from its established intellectual property brand to include a business litigation practice, the firm continues to tower over its competitors by having the greatest concentration of IP attorneys of any firm with 100 or more lawyers, according to Law 360's 2009 practice area survey.
With nearly 98 percent of its attorneys devoted to product liability work, Bowman & Brooke LLP has the heaviest concentration of product liability lawyers of any firm with 100 or more lawyers, according to Law360's 2009 practice area survey.
The Eleventh Circuit ruling in St. Joseph Hospital v. Health Management Associates Inc. offers a warning for transactional lawyers to be careful how they describe a transaction in preclosing filings with government agencies, says Elizabeth Hodge of Akerman Senterfitt LLP.
Do not be lulled into a false sense of complacency by the formality, civility and, in some cases, old-fashioned Southern charm of the U.S. District Court for the Eastern District of Virginia. Cases usually move with lightning speed, handled by efficient, polite, but no-nonsense jurists and courtroom deputies. There are many traps for the unwary, say Robert Tata and Wendy McGraw of Hunton & Williams LLP.
Apportionment is an important tool for landowners in the defense of premises liability claims. But now that its applicability and enforceability have been upheld in McReynolds v. Krebs and Couch v. Red Roof Inns, the risk of significant damage awards is less than it once was, says Kathryn Hinton of Baker Donelson Bearman Caldwell & Berkowitz PC.
The Fifth Circuit in MBS Mgmt. Serv. Inc. v. MXEnergy Electric Inc. recently provided guidance on whether an electricity requirements contract is a forward contract that is exempt from avoidance pursuant to Section 546(e) of the Bankruptcy Code. The answer, at least on the facts of MBS Mgmt., is yes, says Victoria Vron of Weil Gotshal & Manges LLP.
As Illinois Union Ins. v. NRI Construction demonstrates, review of the reservation of rights letter's unilateral imposition of a right to recoup defense costs must be undertaken immediately upon receipt of the letter, says Collin Hite of Hirschler Fleischer PC.
The lesson from the decision by the Western District of North Carolina in Synovus Bank v. Coleman is plain: What looks like good business when the market is hot may turn out to be an Interstate Land Sales Full Disclosure Act claim when the markets tank, says David Dreifus of Poyner Spruill LLP.
The Sixth Circuit decision in Pilgrim v. Universal Health Card LLC provides a strong basis for the proposition that defendants do not need to engage in class discovery where it is obvious from the pleadings that the class cannot be certified, say attorneys with Shook Hardy & Bacon LLP.
The Sixth Circuit recently renewed the ability of French entertainment and brand-management company Moonscoop SAS to bring a claim for damages and specific performance against American Greetings Corp. regarding the sale to Moonscoop of American Greetings' rights to certain cartoon characters. The case provides practitioners with several contract-drafting lessons, says Vincent Martorana of Reed Smith LLP.
This year has seen a spike in lateral movement among partners and senior associates in the legal profession. A survey from The Closers Group has revealed that many attorneys want business development training and are willing to apply what they learn — and law firms that provide it are more likely to keep their lawyers professionally satisfied, says Steven Taylor, a legal journalist.
In Summit Petroleum Corp. v. U.S. Environmental Protection Agency, the Sixth Circuit has vacated an EPA decision concerning whether a natural gas operations plant and nearby wells were “adjacent” for air permitting purposes. The decision is important because the plant and wells together would have sufficient potential emissions so as to be considered a major stationary source, say Jeryl Olson and Eric Boyd of Seyfarth Shaw LLP.