Defense's Turn In Law Prof Murder Trial, Big Four, Big Deal, Meditation's Moment: The Morning Minute
Here's the news you need to start your day.
October 09, 2019 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
THE STATE RESTS – A Tallahhasee jury will soon decide the fates of Katherine Magbanua and Sigfredo Garcia, who stand accused in the 2014 murder of Florida State University law professor Dan Markel. Prosecutors rested their case against the duo Tuesday after eight days of testimony from an array of witnesses, including a former gang leader who pleaded guilty to helping kill Markel, the law professor's ex-wife, and many investigators and forensic experts, Karen Sloan reports. But the jury did not hear from either Charlie or Donna Adelson—whom prosecutors believe were behind the alleged murder-for-hire. The case is expected to go to the jury on Wednesday.
DOMINANT – When it comes to the brand strength of alternative legal service provides, the Big Four are still major players. EY took the top spot in Acritas' annual ranking, followed by PwC at No. 2, KPMG at No. 4, and Deloitte at No. 5, Dan Packel reports. It's the second straight year that the major accounting firms occupied four of the ranking's top five slots. EY rose from No. 4 last year due in part to several recent acquisitions, including Pangea3, which it purchased from Thomson Reuters. Acritas found that nearly half of legal departments are using alternative legal service providers in 2019, up from fewer than a third in 2014.
MEDITATING ON THE LAW – Lawyers are often skeptical of meditation, arguing that they don't have time for it or that the mindfulness practice will strip away their mental edge. But a Cincinnati lawyer who has created a meditation app specifically for lawyers says meditation actually helps attorneys focus and sharpen their thinking, Rhys Dipshan reports. The Legally Mindful app offers exercises on relaxation, obtaining a deep meditative state, and practicing gratitude and compassion. More advanced exercises focus on concentration.
EDITOR'S PICKS
Where Gorsuch Sees Ambiguity, Kagan Sees Clarity in LGBT Rights Case
Big Law Supporters Form New Group Backing Kamala Harris
My Weekday Workout: Fisher & Phillips' Christine Baran
'Wow': DC Judge Questions DOJ's 'Extraordinary' Stance on Mueller Grand Jury Info
45 General Counsel Sign Letter Supporting Review of MDL Procedures
WHILE YOU WERE SLEEPING
O'MELVENY, OH MY! – O'Melveny & Myers' London office had a remarkable 2018. Operating profits increased 400% in 2018 over the previous year, to an impressive $6.1 million, Rose Walker reports. Revenue for that office was also up by about a third, and London's highest-paid member was allocated $2 million in profits, public records show. It's unclear if the financial good times will carry through 2019, however. Several partners have left this year amid the drawn-out merger process with Allen & Overy, which was called off in September.
WHAT YOU SAID
"Equity partners are the ones that have the power at a law firm. Who's being hired, who's getting choice work. They're the ones that control the politics of the firm."
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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