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After weeks of document- and regulation-heavy trial testimony, MF Global and PricewaterhouseCoopers have settled their $2 billion professional malpractice case in the district court for the Southern District of New York. (Getty)

MF Global, PwC Settle $2B Malpractice Claim

MF Global and PricewaterhouseCoopers have settled a $2 billion professional malpractice case in New York federal court to the "mutual satisfaction of the parties," the litigants said Thursday.

  • 5 Keys To High Court's Cheerleader Uniform Ruling

    To get you up to speed on the U.S. Supreme Court’s complex decision on copyright law and cheerleading uniforms, here are the key things experts say you need to know, including what the ruling says, what it doesn’t and what comes next.

  • 5th Circ. Sides With EPA In Battle Over Texas Haze Rule

    The Fifth Circuit on Wednesday rejected Texas’ bid to strike down the U.S. Environmental Protection Agency’s regional haze plan for the Lone Star State, instead granting the EPA’s motion to send the existing regulations back to the agency for revision.

  • Labor Nom. Acosta Questioned On Policy, Budget In Hearing

    Labor secretary nominee Alexander Acosta’s confirmation hearing Wednesday focused more on policy than scandal as U.S. Senate Committee on Health, Education, Labor and Pensions members asked how the law school dean would handle his predecessor’s legacy and navigate a proposed budget cut.

  • Jury Convicts Drug Return Co., CEO In $116M Fraud Case

    A Pennsylvania federal jury on Wednesday convicted a drug refund company, its CEO and its chief financial officer on charges that they stole $116 million worth of refunds from pharmaceutical manufacturers and then obstructed a subsequent investigation into the scheme.

  • Suit Accusing FERC Of Pro-Energy Industry Bias Thrown Out

    A D.C. federal judge on Wednesday dismissed an environmental group's suit claiming the Federal Energy Regulatory Commission's pipeline approval process unconstitutionally favors the energy industry, saying there is no evidence that FERC is biased.

  • High Court Narrows Use Of Structured Dismissals In Ch. 11

    The U.S. Supreme Court ruled Wednesday that the use of so-called structured dismissals to end Chapter 11 cases must be narrowed, holding that a settlement that effectively wiped out employee claims against a trucking company but paid more junior creditors impermissibly sidestepped the U.S. Bankruptcy Code's creditor priority.

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Can The Legal Industry Keep Trial Advocacy Alive?

By Erin Coe

Judges and trial lawyers are stepping in to help young attorneys learn to persuade a jury, but as trials disappear, these efforts might prove to be too little, too late.