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The defibrillator made by a Boston Scientific subsidiary has been the source of litigation since it was recalled in 2005. In 2007, the company paid almost $200 million to resolve 8,000 product liability suits. On Friday, Justice took another $296 million.
Branding is Law Firms' New Buzzword
Long a cornerstone of consumer marketing, the notion of branding is being stretched in a new direction these days by law firm consultants and their in-house counterparts. Despite all the effusiveness, though, no one seems to agree on exactly what branding is or how a law firm is supposed to do it. Nor is there yet any evidence that branding actually works in the legal business.A ruling upholding a jury verdict for a smoker's estate against three cigarette makers doesn't seem like it would be good news for the tobacco industry. But a decision Friday affirming a $2.5 million damages award against Philip Morris, R.J. Reynolds, and Liggett Group has a chance--albeit a slight one--to be the sweetest appellate loss the companies have suffered in a decade of Florida litigation.
2001 Associates Survey: From Latham to Wolf Block
Summary of responses to the 2001 Associates Survey, firm by firm.The high court ruled 8-0 that the Environmental Protection Agency, not the courts, has the power to regulate emissions that cause climate change.
Fixating on Fee Systems for Outside Litigators
Alternative billing, despite enjoying a brief vogue in the 1990s, has never caught on as a payment method between companies and their outside counsel. However, at least three big corporations are bucking the trend. Cisco, Tyco and Unocal have each cut fixed-fee deals with outside litigators and say they have reaped benefits that go beyond just saving money. For starters, fixed fees mean that in-house lawyers can bring outside counsel in more often and earlier, increasing the chances for a speedy resolution.Trending Stories
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