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Business of Law

  • June 26, 2012

    3 Named To Federal Judgeships In Calif., NY, Fla.

    President Barack Obama on Monday nominated a U.S. magistrate judge, a California state judge and a federal prosecutor to seats on federal district courts in Florida, New York and California.

  • June 26, 2012

    Greenhill Brings On Wachtell Lipton Atty As Director, GC

    Greenhill & Co. Inc. has snagged a Wachtell Lipton Rosen & Katz partner specializing in mergers and acquisitions, corporate governance and securities law to serve as a managing director and general counsel in its New York office, the investment bank announced Tuesday.

  • June 25, 2012

    Female GCs Say More Progress Must Be Made For Job Equality

    While the number of women leading the legal departments of Fortune 500 companies has doubled since 1999, several female general counsels said Monday that there are still many challenges to overcome, including pay disparity and prejudice against women in leadership roles.

  • June 25, 2012

    Ex-Kasowitz Atty's Suit Against Firm Time-Barred, Court Says

    A New Jersey appellate court ruled Monday that a New York state statute of limitations required the toss of a malicious prosecution suit that the onetime head of Kasowitz Benson Torres & Friedman LLP's intellectual property practice brought against the firm.

  • June 25, 2012

    NJ Senate OKs Court Filing Fee Hikes To Fund E-Court

    The New Jersey Senate on Monday approved legislation giving the state judiciary power to increase civil court filing fees to help fund legal services to the poor and to pay for the implementation of the e-Court online court information system.

  • June 25, 2012

    High Court Nixes State Bar On Corporate Campaign Spending

    The U.S. Supreme Court summarily reversed a ruling by Montana's highest court Monday that protected a state law barring corporations from making political expenditures in connection with candidates, ruling that its Citizens United v. Federal Election Commission decision axing federal restrictions on corporate political spending applies to the state statute.

  • June 22, 2012

    K&L Gates, McKenna Long Set Sights On S. Korea

    K&L Gates LLP and McKenna Long & Aldridge LLP have joined the growing batch of firms looking to expand their global reach to South Korea, as both have applied to open offices with the Korean Ministry of Justice, the firms confirmed Friday.

  • June 22, 2012

    2 Firms Stand Out For Tech Savvy, GCs Say

    As the business world grows more tech-reliant, law firms are under pressure to boost their offerings to distinguish themselves and match clients' expectations. A few firms are leading the charge, shaping their reputations and stirring success, a new report says.

  • June 22, 2012

    The 9 Firms GCs In A Jam Want On Their Side

    Corporate counsels named nine law firms that stand out as the ones to call when a crisis arises, pointing to their strong reputations for understanding the needs of their clients, a new report on branding in the legal industry says.

  • June 22, 2012

    The Firms GCs Most Likely To Recommend

    When it comes to shopping around for corporate law firms, general counsel chatter matters. Word-of-mouth approval is the surest way to corner new clients, and a new report says there's a group of go-to firms that is especially worthy of endorsement.

  • June 22, 2012

    GCs Know Elite Law Firms Don't Come Cheap

    Law firms hoping to attract clients in a tough marketplace need to achieve a balance when it comes to value, pulling in rates that maintain their elite status while ensuring they can deliver what a client pays for, according to a new report on branding in the legal industry.

  • June 22, 2012

    Strong Law Firm Brand Crucial In Post-Recession Market

    Having a strong, recognizable brand has become increasingly important for law firms since the start of the financial crisis, as companies seeking out legal representation face higher risks and work with smaller resources, a new report says.

  • June 22, 2012

    GCs Name Law Firms With Top Shelf Brands

    A new report based on interviews with corporate counsel has identified the eighteen law firms with the strongest brands in the legal market.

  • June 22, 2012

    Race Cos. Steer E-Discovery Cost Fight To Supreme Court

    Two racing companies have asked the U.S. Supreme Court to weigh in on electronic discovery costs in a failed antitrust dispute, saying that the Third Circuit's interpretation of federal e-discovery cost laws was too narrow and incorrectly limited the scope of recoverable costs.

  • June 21, 2012

    San Diego Court Announces Major Layoffs, Court Closures

    Buckling under steep budget cuts to the California trial court system, the San Diego Superior Court said Wednesday it plans to hand out pink slips to 250 employees and close or restructure more than 40 courtrooms over the next two years.

  • June 21, 2012

    Texas Tort Reform Did Not Cut Health Care Costs, Study Says

    Nearly decadelong tort reforms in Texas intended to rein in malpractice suits against medical service providers have not lowered Medicare spending costs, subverting conventional wisdom on such reforms, the University of Texas School of Law announced Thursday.

  • June 21, 2012

    Hershey Scoops Up Coca-Cola's Chief Legal Officer

    The Hershey Co. has named Coca-Cola North America's chief legal officer as the chocolate company's new general counsel, it announced Thursday.

  • June 20, 2012

    ABA Pushes Senate To Vote On Judicial Confirmations

    The American Bar Association, fearing that the U.S. Senate would invoke the "Thurmond Rule" barring confirmations of circuit court judges in the months before a presidential election, urged the Senate on Wednesday to move forward on pending judicial nominations.

  • June 20, 2012

    PepsiCo Rehires Former General Counsel

    Former PepsiCo. Inc. general counsel Larry Thompson will reprise his role at the beverage giant, taking over from the current general counsel who replaced him in March 2011 when he left to teach at the University of Georgia Law School, the company announced Monday.

  • June 20, 2012

    Holland & Knight Didn't Give Enough Bang For The Buck: Suit

    Holland & Knight LLP has been hit with a lawsuit in California state court alleging the nearly $320,000 it charged a former client for three months of legal work on a dispute over the award of a U.S. Navy contract was excessive.