Even on the campaign trail, where discussions of antitrust policy are unlikely to be a crowd-pleaser, President-elect Barack Obama publicly criticized the Bush administration for being too lax on reviewing corporate mergers.
With a newly minted administration under President-elect Barack Obama set to sweep into Washington promising more regulation and increased enforcement actions in several sectors, is the era of the crusading state attorney general over? Not necessarily, according to attorneys who monitor federal regulations.
Google Inc. has decided to withdraw from a proposed online advertising partnership with Yahoo Inc. rather than face off with the U.S. Department of Justice in a protracted antitrust battle.
More than 10,000 lawyers, paralegals and law students around the country and 75 of the nation's top law firms have volunteered their time staffing call centers and monitoring polling stations to make sure that every American who is registered to vote is able to do so through Election Protection, a nonpartisan voter protection program spearheaded by the Lawyers' Committee for Civil Rights Under Law.
Though the economic downturn may push things back somewhat, experts anticipate that President-elect Barack Obama will move forward with pro-employee policies on both the legislative and regulatory fronts.
The New York State Worker Adjustment and Retraining Notification Act, which goes into effect Feb. 1, is more expansive and affects more employers than the federal WARN Act. Given the perilous time for companies, the law could instantly become problematic across the Empire State, experts say.
Forced to close up shop amid a wave of departures and bleak economic projections, Thelen Reid Brown Raysman & Steiner LLP is attracting a multitude of rival firms looking to pick through Thelen's assets and build up their own rosters.
Accounting firms will likely become a target of scorned investors trying to recover some of the money they lost in this bear market. But lawyers and law professors said plaintiffs may have a hard time getting their hands too deeply into the pockets of the firms.
Nine major banks participating in the U.S. government's equity purchase program are set to get their capital infusion from the Treasury Department this week, a department official said Monday.
A number of high-profile law firm implosions and several rounds of lawyer layoffs have made many wonder whether pro bono work may have to take a back seat during a down economy.
Lawyers generally leave a heavy environmental footprint, using massive amounts of paper and traveling constantly around the country. But whether for the public relations benefit, to appease their clients, to save money or because they believe in the cause, many law firms have started taking measures to become more green.
October has been the most treacherous month so far this year for associates at top-tier law firms, marked by a whopping 226 pink slips amid Heller Ehrman LLP's implosion and wide-scale layoffs at institutions like Clifford Chance LLP and Sonnenschein Nath & Rosenthal LLP, Law360's analysis shows.
As Democrats appear on the verge of expanding their control over Congress and possibly winning the White House, advocates on both sides of the civil justice reform issue expect to see changes to the system.
With several major law firms announcing attorney layoffs in October, associates and partners alike are probably questioning their own job security. And now, with Dewey & LeBoeuf LLP's announcement on Monday that it is closing its Charlotte, N.C., operations, should lawyers worry that their firms will follow suit and shut down entire offices?
Some attorneys who had planned to retire in the near future will try to keep their jobs because of the economic downturn's impact on their retirement savings, a scenario that poses potentially daunting questions for firms and could lead to fewer opportunities for junior lawyers and more disputes over mandatory retirement rules.
Drugmaker Pfizer Inc. has agreed to pay $894 million to settle the bulk of product liability, consumer fraud and state attorney general lawsuits filed against it over anti-inflammatory drugs Celebrex and Bextra.
Wall Street's ongoing malaise is raising new concerns over whether the market's extreme volatility might radically complicate even the best-laid executive compensation plans, experts say.
With the economic crisis in full swing and people being laid off left and right, one big question remains to be answered: Will law firms still have their over-the-top holiday parties this season?
An appellate court's decision to vacate the International Trade Commission's ban on importing electronics containing a Qualcomm Inc. chip may have broad implications for how patentees approach ITC proceedings, experts say.
Experts say everyone needs to be a salesman in this economy. But taking clients out for drinks, coffee or dinner tends to present a multiplicity of challenges, such as where to go, who should pay and whether to reach for that third martini.