Thursday's $3 million jury verdict finding GlaxoSmithKline liable for a Reed Smith LLP partner's death means that the Seventh Circuit may finally have to answer a question it avoided three years ago, one that is a hot topic among product liability lawyers: Can brand-name manufacturers be held liable for an injury caused by a generic drug?
An Arkansas jury on Friday awarded digital agency Cuker Interactive LLC more than $12 million in trade secret damages from Wal-Mart Stores Inc. after it lodged counterclaims against the big-box retailer in a dispute arising from a contract for website development.
New York prosecutors finished laying out their fraud case Friday against two former executives of failed law firm Dewey & LeBoeuf LLP, turning the focus to whether Stephen DiCarmine and Joel Sanders will take the stand in their own defense before the jury starts deliberations.
President Donald Trump on Friday signed executive orders calling for reviews of powers the Dodd-Frank Act gave regulators to unwind a giant bank and a panel of regulators the 2010 law set up to oversee the financial system.
The Third Circuit ruled Friday that an exclusion for asbestos-related claims in a Travelers insurance policy is unambiguous and therefore enforceable, overturning a $36 million judgment holding the insurer responsible for some of policyholder General Refractories' $120 million worth of asbestos liabilities.
The White House intends to release its plan to overhaul federal tax laws this coming Wednesday, while the U.S. Department of the Treasury begins reviewing tax regulations issued in 2016 to either repeal or modify them under a presidential executive order signed Friday.
A Michigan federal judge on Friday ordered Volkswagen AG to pay a $2.8 billion criminal fine for cheating emissions standards, six weeks after the German automaker formally pled guilty to three criminal charges stemming from the scandal.
The Seventh Circuit upheld former Illinois Gov. Rod Blagojevich’s 14-year sentence Friday, rejecting his request to be sentenced for a third time for his conviction on charges that he used the power of his office to shake down would-be political donors.
With President Donald Trump embracing fossil fuels and California going all-in on fighting climate change and promoting clean energy, courtroom clashes between the federal government and the Golden State are inevitable. Here, attorneys identify four potential energy-related battlegrounds to keep an eye on.
A California state judge ruled Thursday that McDonald’s violated state labor law and shorted a class of thousands of workers on overtime through its handling of overnight shifts at its company-run stores, leaving only the matter of damages for next month’s scheduled trial.
Deutsche Bank AG and affiliates will pay $156.6 million to settle two Federal Reserve probes that found the bank fell short of Volcker Rule oversight requirements and let its traders rig foreign exchange rates, the regulator said Thursday.
Former U.S. Rep. Aaron Schock asked an Illinois federal court Thursday to dismiss the entirety of the November indictment that alleged the Peoria, Illinois Republican had stolen over $100,000 in campaign and congressional funds.
An Illinois federal jury on Thursday found GlaxoSmithKline liable for the death of Reed Smith LLP partner Stewart Dolin and ordered the pharmaceutical giant to pay $3 million to the attorney’s widow, reaching the conclusion that a generic version of GSK’s Paxil caused Dolin to take his own life.
A Pennsylvania federal judge ruled Thursday that the federal government must pay $41.6 million to a couple after determining that a doctor at a federally funded health clinic negligently used forceps to deliver the couple’s baby, which caused permanent brain damage.
Chadbourne & Parke LLP voted Thursday to expel a female partner who lodged a $100 million proposed gender bias class action against the firm last year, according to a spokesperson for Sanford Heisler Sharp LLP, the firm representing the ousted attorney.
The Trump administration reached deep into its bag of trade enforcement tools Thursday as it announced a new investigation of steel imports through a rarely used trade law that allows the U.S. to impose tariffs if it decides that a flood of foreign goods poses a threat to national security.
The Second Circuit on Thursday ruled it has no jurisdiction to decide if 4,300 people are barred by an anti-suit injunction — part of the $5 billion Tronox bankruptcy settlement — from suing former Tronox parent Kerr-McGee Corp. for injuries they blame on toxic emissions from a Pennsylvania industrial plant.
Galleon Group LLC founder Raj Rajaratnam paid himself around $131 million from one of his company's units while he faced the insider trading charges for which he's now serving prison time, according to an adversary proceeding in a liquidation suit in New York bankruptcy court on Tuesday.
Tesla Motors Inc. and Aurora Innovation, the new driverless car startup from a former Tesla Autopilot program director, on Wednesday announced a settlement ending a breach of contract lawsuit Tesla filed in California state court over alleged trade secret theft and poached employees.
Tesla car owners filed a putative class action against the automaker in California federal court Wednesday for selling 2016-2017 models that allegedly contain inoperative standard safety features, as well as faulty enhanced autopilot software for which customers paid a premium.
A 1979 study of attorney-client interactions revealed startling information: Despite years of education and training to hone their legal expertise, attorneys were not acting as independent counselors but rather allowing their clients to control them. Our experience is that this trend has accelerated, say dispute resolution experts Robert Creo and Selina Shultz.
If Time Magazine is correct in that being a lawyer is one of the five worst high-paying jobs, it may be time for the legal profession to pull one from the playbook of musicians and professional athletes and seek to enter a state of “flow,” says Jennifer Gibbs of Zelle LLP.
Suffering from law firm ranking fatigue? Bewildered by the methodologies? If so, you're in good company. Alan Morrison, associate dean for public interest and public service law at George Washington University Law School, wonders just how far law firm ranking efforts may go.
Most people have never had an opportunity to personally take part in a legal case that directly challenges laws or policies they don’t agree with. Now that crowdfunding is available for legal cases, people can engage directly with legal change in the community and be a check on the powerful, says Julia Salasky, CEO of CrowdJustice.
Perhaps lost in the presidential post-election tumult was a report issued in late 2016 by an international body evaluating U.S. compliance with anti-money laundering and counter-terrorist financing standards. Considering repeated criticisms of the legal profession, the American Bar Association should seriously consider a new model legal ethics rule, says Kevin Shepherd of Venable LLP.
In the final segment of his series on lateral recruitment, Howard Flack, a partner of Volta Talent Strategies LLC and former leader of the lateral partner recruiting team at Hogan Lovells, shares a number of factors law firms should consider when measuring lateral hire success.
In the second installment of this series on lateral recruiting, Howard Flack of Volta Talent Strategies LLC challenges law firms to ask themselves whether business strategies are determining lateral hires — or vice versa.
The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.
Bear in mind that the internet seldom forgets and never forgives, and you are just one screen grab from a meme. A law firm's core messages and unique selling points must be clearly determined before embarking on a social media strategy, says Julie Bagdikian of The Pollack PR Marketing Group.
What is the mood of the nation’s in-house lawyers? Aric Press — a partner at Bernero & Press LLC and former editor-in-chief of The American Lawyer — shares the findings of a recent survey of more than 800 in-house counsel.