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February 13, 2012
Top Stories
Is Same-Sex Marriage Issue in U.S. Supreme Court's Near Future?
The road map's details may not be clear yet, but the direction is: Same-sex marriage is moving closer to the U.S. Supreme Court. It may not be the recent decision in California's Proposition 8 case or even the pending challenges to the federal Defense of Marriage Act that entice the justices to answer the essential question: Is there a fundamental right to same-sex marriage? However, it will not be for lack of trying by those involved in the issue.
See related story: Prop 8 Ruling Gives DOMA Litigants New Tools
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Law Firms' Profits Grew 3.3 Percent in 2011, Citi Report Says
Strong demand momentum coming into 2011 caused many law firm leaders to believe that a degree of certainty had been attained. But demand withered away in the second half of the year, particularly in transactional work, resulting in a profits per equity partner increase of just 3.3 percent, versus 7.4 percent in 2010.
The Global Impact of the E.U.'s New Rules on Data Privacy
The European Commission's new proposal on data protection regulations highlights fundamental differences in how Europe and the U.S. think about privacy. "Every company that looks to sell to an E.U. consumer will be caught by this," says a co-head of Reed Smith's data privacy, security and management group.
Mont. Independent Expenditure Challengers Ask Justice Kennedy to Stay Lower Court Ruling
Challengers to Montana's ban on corporate independent expenditures -- recently upheld by the Montana Supreme Court -- have asked Justice Anthony Kennedy to put a hold on the state court's ruling and have urged the full U.S. Supreme Court to reverse it.
Law Firm Sues Former Partner Over Electronic Access to Client Files
Elliott Greenleaf & Siedzikowski has sued ex-partner William R. Balaban and his new firm, Stevens & Lee, for allegedly installing software on Elliott Greenleaf's computers that allowed Balaban to have continued access to the firm's files through the "cloud," in an effort to take some of the firm's clients.
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Bank of America Agrees to $1 Billion Settlement Over Countrywide Loans
Bank of America has agreed to pay $1 billion to settle an investigation into alleged underwriting and mortgage fraud by Countrywide Financial, federal prosecutors announced Thursday. The deal marks the government's first major success using the False Claims Act to tackle the mortgage crisis.
A Big Win for Generic Drug Makers at the Federal Circuit
A brand-name drug company can't sue generic drug companies for patent infringement if the generics ask the government to approve only nonpatented uses for the drug, the Federal Circuit has ruled, dismissing AstraZeneca's case against Apotex and several other generic drug companies.
Former Cravath Associate's Law License Suspended Over Assault Conviction
A New York court has ruled that as a result of pleading guilty to a misdemeanor assault charge and serving six months in jail in connection with a domestic violence incident involving an ex-girlfriend, former Cravath associate Michael Zulandt cannot practice law in the state for the next three years.
See related story from New York Law Journal.
Web Companies Defeat $600 Million Internet Patent Claim
A $600 million case posing the question "Who invented the Internet?" has ended with a jury invalidating Eolas Technologies' patents for running interactive features on the Web. The ruling is a major defense win for nine leading Web companies that refused to settle infringement claims by the patent licensing company.
Federal Judge Approves Second Round of Scott Rothstein Depositions
A federal judge has approved a second round of depositions for scammer Scott Rothstein, who is serving a 50-year prison sentence for masterminding a $1.2 billion Ponzi scheme. Unlike the face-to-face deposition in December, the June session will be a videoconference affair.
At Dorsey & Whitney, Revenue Flat, Profits Dip
Stanching a 12 percent decline over the prior two years, Dorsey & Whitney saw finances stabilize in 2011, with gross revenue inching up .3 percent and profits per partner falling .9 percent. Due to growing demand, the firm expects to beef up its incoming associate class, make strategic partner hires and expand its Asia offices.
Seeking Permanent City Council Contract, SNR Denton Heads to the Big Easy
SNR Denton has announced that it will open a New Orleans office on March 1, becoming one of just a few large firms with an outpost there. The move comes as the New Orleans City Council weighs extending a month-to-month contract under which the firm advises the city on energy matters.
Sugar Producers Fight to Keep Claims Alive Against Corn Syrup Industry
The competition over America's sweet tooth is playing out in court, where Corn Refiners Association members are trying for a second time to dismiss a suit filed by sugar refineries alleging that its advertising touting high-fructose corn syrup as no different from sugar is false and misleading.
Allen & Overy Abolishes Mandatory Retirement Age as Top U.K. Law Firms Review Policies
Allen & Overy is abolishing its mandatory partner retirement age of 60 as major London law firms move away from compulsory retirement dates for U.K. partners. SJ Berwin, Nabarro and Holman Fenwick are also reviewing their policies in the wake of legislative changes phasing out default retirement ages for U.K. employees.
Visit lawjobs.com News & Views
Knowledge Management: Problem or Resolution?
Most discussions on implementing knowledge management in an organization start with defining KM. But consultant Teresa Schoch says that for some organizations defining the concept can become a problem in itself.
Visit Law Technology News
The Risks of Taking Your Electronic Devices Abroad
In this era of ever-evolving technology and increasing encroachments on personal data and privacy, Katherine A. Helm and Joel Cohen examine the special burdens faced by attorneys who travel with sensitive information stored on their electronic devices.
Featured Video
DLA Piper's Browning Marean on E-Discovery Proportionality
Browning Marean, senior counsel at DLA Piper, speaks to LTN magazine's editor-in-chief, Monica Bay, about the challenges of fashioning responses to discovery requests that are appropriate -- and proportional -- to a case.
Headlines at a glance
Is Same-Sex Marriage Issue in U.S. Supreme Court's Near Future?Law Firms' Profits Grew 3.3 Percent in 2011, Citi Report Says
The Global Impact of the E.U.'s New Rules on Data Privacy
Mont. Independent Expenditure Challengers Ask Justice Kennedy to Stay Lower Court Ruling
Law Firm Sues Former Partner Over Electronic Access to Client Files
Bank of America Agrees to $1 Billion Settlement Over Countrywide Loans
A Big Win for Generic Drug Makers at the Federal Circuit
Former Cravath Associate's Law License Suspended Over Assault Conviction
Web Companies Defeat $600 Million Internet Patent Claim
Federal Judge Approves Second Round of Scott Rothstein Depositions
At Dorsey & Whitney, Revenue Flat, Profits Dip
Seeking Permanent City Council Contract, SNR Denton Heads to the Big Easy
Sugar Producers Fight to Keep Claims Alive Against Corn Syrup Industry
Allen & Overy Abolishes Mandatory Retirement Age as Top U.K. Law Firms Review Policies
Knowledge Management: Problem or Resolution?
The Risks of Taking Your Electronic Devices Abroad
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