A Missouri jury on Friday returned a complete defense verdict for Johnson & Johnson and Imerys Talc America in a case attempting to link a woman’s ovarian cancer to talcum powder, breaking a string of massive victories for plaintiffs in the closely watched litigation.
The U.S. Securities and Exchange Commission said Friday a Mexican housing giant that traded on the New York Stock Exchange before it recorded heavy losses and filed for bankruptcy in 2014 has agreed to a five-year ban from U.S. stock markets to settle claims that it overstated revenues by $3.3 billion between 2010 and 2013.
A federal jury in Massachusetts delivered a verdict in favor of Fresenius Medical Care Friday in a bellwether trial over its dialysis treatments, finding that the plaintiff hadn’t proved her late husband died as a result of the clinic’s care.
Jurors in the retrial of two former top executives of Dewey & LeBoeuf LLP on Thursday heard how banks including JPMorgan Chase & Co. were still willing to shower the failing law firm with millions of dollars in credit in the firm's final months, even as partners were abandoning Dewey in droves.
U.S. Attorney General Jeff Sessions has officially recused himself from reported ongoing investigations into Russian interference in the 2016 election and possible ties to the Trump campaign after news broke that he had contact with the Russian ambassador to the U.S.
Federal agents from banking, tax and trade authorities searched construction equipment giant Caterpillar Inc.'s Peoria, Illinois-based offices Thursday, the apparent target of a federal search warrant seeking "documents regarding the movement of any products between the United States and Switzerland."
The U.S. Department of Energy has its new secretary, as President Donald Trump’s choice of former Texas Republican Gov. Rick Perry cleared the Senate on Thursday.
A virtual tidal wave of Democratic lawmakers have demanded the resignation of U.S. Attorney General Jeff Sessions after reports surfaced Wednesday that the newly minted Justice Department chief misled senators about meeting with Russian officials during the 2016 presidential campaign.
A Texas federal judge on Thursday dismissed civil securities fraud charges against Texas Attorney General Ken Paxton for the second time, finding Paxton didn’t owe a fiduciary duty to a group of investors to whom he had promoted stock without disclosing he would be paid a commission.
U.S. District Judge Jed S. Rakoff urged securities lawyers on Wednesday to write a statute prohibiting insider trading, lamenting that enforcement of what is now judicially-created law has grown complicated and uncertain.
The Federal Circuit on Wednesday upheld a $455 million award to Bayer CropScience NV after an arbitration panel found that Dow Agrosciences LLC infringed its patents on weed control technology, finding that Dow failed to meet the high bar for overturning such an award.
Snapchat maker Snap Inc. on Wednesday priced a massive $3.4 billion initial public offering at $17 per share, beating its forecasted range and setting the stage for the largest technology debut in years under guidance from Cooley LLP.
The Federal Circuit on Wednesday found that three Smartflash LLC data storage patents that an Texas federal jury ordered Apple Inc. to pay $533 million for infringing are invalid under the U.S. Supreme Court’s Alice ruling because they claim only abstract ideas.
New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey on Wednesday told U.S. House Science Committee Chairman Lamar Smith, R-Texas, that they wouldn't comply with his renewed subpoenas demanding information about their Exxon Mobil Corp. climate change probes, saying they're unconstitutional attempts to impede their investigations.
A Delaware federal judge on Wednesday wiped out Genentech’s newly filed lawsuit accusing Amgen of improperly concealing information about a proposed biosimilar of cancer drug Avastin, finding that the complaint isn’t allowed under a landmark Federal Circuit ruling.
The U.S. Senate on Wednesday easily confirmed Montana Congressman Ryan Zinke to serve as secretary of the interior, adding another backer of fossil fuel development to President Donald Trump's Cabinet.
Former NFL player Will D. Allen and a former banker were sentenced to six years in prison Wednesday for running a Ponzi scheme that targeted investors with bogus or oversubscribed loans to professional athletes.
President Donald Trump made a series of sweeping promises in his first address to Congress on Tuesday, reiterating his campaign pledges to repeal the Affordable Care Act, reform the tax code and overhaul immigration.
A Texas federal judge on Tuesday killed a proposed class action aimed at UBS AG units over their alleged involvement in Enron’s infamous fraud scheme, ending a 15-year battle over whether ex-employees and other investors should have been warned their stock options and equities were about to go bust.
A former director of the now-defunct Arc Electronics was sentenced Monday in New York federal court to more than 11 years in prison for his role in a conspiracy to covertly export more than $50 million worth of sensitive and regulated microelectronics to Russia for use by its military and intelligence agencies.
Winding down a law firm is at best stressful, at worst excruciatingly painful, and often carried out as if it were an emergency, rendering the process even more difficult. There are certain common steps that should be on the firm's radar from the moment the decision to dissolve is made, says Janis Meyer, a partner with Hinshaw & Culbertson LLP who helped oversee Dewey & LeBoeuf's 2012 bankruptcy filing and the subsequent wind-down of the firm.
A recent survey by Deloitte shines a light on where legal delivery is headed. Demand for services is robust, but satisfaction with the incumbent delivery model is low. This disconnect underscores the opportunity for disruption, says Mark A. Cohen, founder of Legal Mosaic LLC.
Student loan debt can feel overwhelming to new lawyers, especially when just getting started post graduation. Andrew Josuweit, co-founder and CEO of Student Loan Hero Inc., reviews the loan repayment plans available and discusses the best path forward for recent grads shouldering law school debt.
Despite regular news stories detailing the need to update our digital privacy laws and increase our cybersecurity protections, law firms and in-house legal departments should feel confident that utilizing cloud providers with strong privacy and security protections will not breach their ethical obligation to clients, says Bradley Shear of the Law Office of Bradley S. Shear LLC.
One of the most prevalent complaints by associates and recent law school graduates is the lack of meaningful mentoring by more seasoned attorneys. Gary Gansle, leader of Squire Patton Boggs LLP's Northern California employment law practice, offers several tips as a light that can help junior attorneys start down the right path in their career development.
The real threat to law firms comes from in-house legal departments, which have increased in size, prestige, management responsibility, and attractiveness to top legal talent. But it’s not just labor arbitrage that accounts for the shift from outsourcing work to doing it in-house, says Mark A. Cohen, founder of Legal Mosaic LLC.
The incident at Mossack Fonseca just scratched the surface of demonstrating the lack of cybersecurity resources within the legal sector, says Mark Stevens of Digital Guardian. Here’s a look at the history of events leading up to the latest law firm hack.
Most attorney bios fail miserably. They are typically boring and poorly written. They do not inspire confidence or incline the viewer to consider retaining the featured lawyer to represent them, much less write one sentence in the Queen’s English on their behalf. In short, they are weak advocacy, says attorney and HR professional Meena Patel.
These days, jurors and judges are so accustomed to seeing graphics — on the street, on the Web, on their smartphones — that they expect to see something good in the courtroom. The best graphics are composed of consequential information, clearly displayed, with emphasis on what matters most, paired with artwork that adds meaning. This simultaneously compels people to think, feel and make decisions, says Aaron Stienstra, design direc... (continued)
United Technologies Corporation's global settlement with the U.S. Departments of State and Justice underscores the importance of a robust compliance program to prevent, detect and remediate any violations of export control laws or regulations — especially if products and services are destined for China, say Jeffrey Gerrish and Soo-Mi Rhee of Skadden Arps Slate Meagher & Flom LLP.