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After helping to secure last month's historic gay marriage rulings at the U.S. Supreme Court, and while juggling several other high-profile cases, Ted Olson is now leading a challenge to the terms of Fannie Mae and Freddie Mac's $188 billion government bailout.
A start-up that blames Best Buy for its demise got some revenge on Thursday, when jurors returned a verdict that the big-box retailer misappropriated trade secrets from Techforward, a software company that helped retailers offer "buyback plans" for consumer electronics. The jury awarded Techforward $22 million in damages, and a judge tacked on $5 million in punitive damages.
After getting sued for patent infringement by a non-practicing entity called Oasis Research, EMC could have settled, like most of its co-defendants. Instead, the company filed an appeal with the Federal Circuit and won a ruling that limits the ability of patentholders to name multiple defendants in the same complaint. Now EMC is heading back to the Federal Circuit, seeking a ruling that could ease the way for more cases to be transferred out of the plaintiff-friendly Eastern District of Texas.
Report Finds Law Firm Culture Well-Suited for Failure
Law firm management consultants have encouraged managing partners to focus myopically on metrics that maximize short-term profits, but the upshot of that focus brings out an unpleasant culture in most big firms.The America Invents Act clamped down on the kinds of multi-defendant patent infringement suits favored by "trolls," but plenty of such cases are still pending. Now, thanks to a win Friday by lawyers at Orrick and Gibson Dunn, defendants may be able to split the cases into much more manageable bites, in friendlier jurisdictions.
Calendar Draws Supreme Kibitzers
Some of the titans of the U.S. Supreme Court bar have privately asked Chief Justice William Rehnquist to consider overhauling the court's calendar to take into account its drastically reduced docket. The reason: the court's new lean, mean docket is shaving days and weeks off the time lawyers have to brief their cases and prepare for oral arguments. But the extraordinary and unpublicized effort by more than a dozen veteran Supreme Court advocates has been politely rejected by Rehnquist.Law Schools Are One Reason The Lawyer Bubble Keeps Growing
In June, the legal services sector lost more than 3,000 jobs, according to Bureau of Labor Statistics data. Since June 2012, the latest BLS data shows, the industry has seen a net gain of only 1,000 jobs. In the last two months alone, 6,000 positions disappeared.Trending Stories
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