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U.S. Firms in London Say They're More Merger-Minded
Legal Week's annual survey of U.S. firms in London reveals that 47 percent of respondents would consider a merger with a U.K. firm, up from 39 percent last year and just 29 percent in 2005. The trend may signal that firms realize how hard it is to grow organically in the London legal market, which by some measures is now the most costly in which to operate worldwide. Putting additional pressure on U.S. firms: the weak dollar and the related disadvantage in attracting heavy-hitting London partners.A boutique law firm that spun off from Paul Hastings to represent MetroPCS is suing T-Mobile, it's liable for damages for shedding the firm after the mobile carriers merged earlier this year.
Making a Difference, Firm by Firm: Part I
To better illustrate the variety of pro bono activities undertaken by local firms, the editors of Legal Times asked the 41 firms participating in the D.C. Bar's "pro bono challenge" to describe one interesting project their attorneys have handled in the past year. The following items, submitted by the firms, offer a glimpse of the depth and breadth of their commitment to service.The class, which includes a huge swath of U.S. industry, accuses CSX, Union Pacific, and others of fixing prices for fuel surcharges. Treble damages could run into the billions of dollars.
The trial would have been a great spectacle, with Quinn Emanuel for Google and Skadden for Rosetta Stone--and Google's $23 billion online advertising business model at issue. But Quinn will take the summary judgment win, continuing its streak of successes for Google.
The appellate panel upheld a jury verdict of race discrimination against the military contractor but found jury instructions on punitive damages were flawed.
Businesses, Lawyers Gird for Tort Battle
The fight over tort reform is taking shape, and the clash over the granddaddy of them all -- measures to restrict class actions -- is heating up. Business advocates are handicapping their chances at advancing bills that died with the end of the last Congress, while their opponents -- trial lawyers -- are meeting with allies on the Hill to plot a defense. It won't be an easy fight for either side.The en banc opinion in Ariad v. Lilly means academics can't get patent protection for cutting-edge research if they can't describe what their discovery does.
Ugly Racial Slurs Not Enough to Force $10M Payout for DynCorp
Divided three-judge panel upholds Virginia federal district court jury's finding that the military contractor discriminated against subcontractor Worldwide Network Services — but still overturns jury's $10 million punitive damages award.Trending Stories
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