E-discovery tends to get the most attention in large, complex cases, especially instances where costs run sky-high or a major company is sanctioned for e-discovery problems. But e-discovery is just as important when the stakes are lower, experts said, and there are numerous strategies lawyers can employ to keep costs under control in smaller cases.
The global head of intellectual property at Canada's largest generic-drug maker has pondered bringing all his company's legal work in-house. In a time when efficiency reigns, Apotex Inc.'s Shashank Upadhye calls it “the Holy Grail” of cost savings.
Litigation may be expensive, but it's not entirely unpredictable. Corporate law departments are turning to litigation budgets to drive efficiency and cut down on one thing that's sure to cause them trouble: a surprise.
The U.S. Supreme Court has agreed to hear a case that tackles the question of how a court should determine a company’s principal place of business when it is deciding whether a case should rightfully be heard in federal or state court.
Formal requests for proposals are one of the tools corporate law departments use to manage outside legal costs, but they can also be a thorn in the side of law firms — and in-house departments — if they're not carried out well.
Looking to deepen relationships with existing clients amid the recession, marketing teams at law firms are spending a substantial portion of their budgets for 2009 on business development, according to a survey of legal marketing executives.
In a case that puts much at stake for innovations made by the financial services, computer software and life sciences industries, the U.S. Supreme Court has agreed to take up an appeal court’s en banc decision for In Re: Bilski that reined in which business methods are patentable. Whether they find the current ruling restrictive or overly broad, patent attorneys are keeping a watchful eye on the proceedings.
It appears more and more likely that General Motors Corp. will follow Chrysler LLC into Chapter 11 on Monday. While the mechanics of the proceedings — intense negotiations with bondholders, big givebacks from workers and a 363 sale — may not be so different, the scale of a GM bankruptcy would dwarf the Chrysler filing and create far greater complications.
Clients may be demanding discounts from law firms more and more these days, but knowing when to walk away from giving a company a price cut is just as important as knowing when to offer clients a break, according to legal experts.
While continuing legal education programs have been around for years, they are gaining new focus as an important tool in law firms' marketing arsenal as firms struggle to retain clients and stand out in the midst of the economic downturn.
With money tight, many law firms are looking to cut back on advertising these days, but legal experts say the key is not to hide but to hone the message and to be discriminating about the medium.
As law firms look for ways to bring in business during the economic downturn, cross-selling legal services to current clients may seem like an appealing prospect — but attorneys stand to lose big if they don't follow a few key steps, legal experts say.
President Obama on Tuesday named Judge Sonia Sotomayor to take Justice David Souter's spot on the U.S. Supreme Court, and aides made it clear he would like the U.S. Senate to confirm her before its August recess on Aug. 7. But saying you want a nominee confirmed quickly and making it happen are two different things, according to Supreme Court watchers.
Two months after the U.S. Supreme Court's Wyeth v. Levine ruling, the White House has released a memorandum signaling that, unlike the Bush administration, it will encourage executive departments and agencies to preempt state laws only after full consideration of the states' legitimate prerogatives and with sufficient legal basis.
Claims by academic legal experts that U.S. courts refuse to apportion damages in patent cases and that damages awards tend to overcompensate patent owners have been “greatly exaggerated,” according to the top judge at the U.S. Court of Appeals for the Federal Circuit.
A bankruptcy judge has signed off on up to almost $5 billion in debtor-in-possession financing, most of it funded by the U.S. government, for bankrupt auto giant Chrysler LLC.
While the economic downturn has forced many law firms to turn to layoffs and salary cuts as means to stay afloat, legal consultants say the occupants of one position – chief operating officer – not only have job security, but are likely gaining power at their firms.
In these harsh economic times, some law firms are thinking about seizing the opportunity to significantly lower the salaries of first- and second-year associates and shift to a system of more intensive training.
Efforts to protect attorney-client privilege in recent years have gained ground, but many in-house attorneys are still worried about gaps in protections where companies risk disclosing information that could later be used against them.
As the economic downturn decimates mutual funds and the real estate market, more partners are delaying retirement — a development that could create mentoring and other opportunities for younger lawyers, but also could mean that law firms are putting off succession planning.