Cos. Turn To Plaintiffs Firms To Meet Litigation Needs

Law360, New York (February 1, 2010, 6:01 PM EST) -- When Deutsche Bank went after Bank of America Corp. for losses in the asset-backed commercial paper market, it turned to the experienced plaintiffs litigators at Boies Schiller & Flexner LLP to pursue its case. And the German bank is not alone, as companies with similar claims increasingly seek counsel from those on the other side of the bar table, experts say.

While recent court decisions have made victory in securities class actions less certain, plaintiffs lawyers say they are nevertheless benefiting from an increase in corporate...
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