0 results for 'Wilson Sonsini Goodrich Rosati'
L.A. Firms' Dirty Little Secret: Hourly Rates
The big firms are getting used to announcing gross revenues that have become, well, gross. They're begrudgingly willing to talk about partner draws that are moving to the million-dollar neighborhood. What the big law firms are still downright shy about are the building blocks of all that filthy lucre: billing rates. Los Angeles insiders don't want to go on the record about charging $500 for partners. Why? "When you start raising rates, you change the way lawyers view each other," says one recruiter.Survey Shows Pa. Law Firms Don't Shine When It Comes to Diversity
Whether they moved up or down in the ranks of this month's Diversity Scorecard in Legal affiliate The American Lawyer, most Pennsylvania-based firms have little to show when it comes to the number of minorities in their ranks.So why did the music industry suddenly settle with Lime Wire in the midst of a jury trial last Thursday? It's worth noting that the $105 million deal came fresh on the heels of the cross examination of Warner Music CEO Edgar Bronfman Jr. by Willkie Farr & Gallagher's Joseph Baio. Bronfman claimed Lime Wire had devastated the music business, but was forced to admit that he would make billions from Warner. More ominously for Bronfman, he faced the possibility of having to tell the jury about his recent insider trading conviction in France.
Circuit Deals Blow to Stock Fraud Cases
Handing technology companies and others a huge victory in their running battle with plaintiffs' attorneys, the 9th Circuit U.S. Court of Appeals on Friday made it much more difficult for disgruntled shareholders to sue corporations when their stock price drops. The divided court ruled that in order to sue for stock fraud, plaintiffs must show that corporate officers were "deliberately reckless" in making optimistic financial forecasts, even when those forecasts turn out to be severely wrong.Anti-Viral: Profile of McAfee GC
General Counsel Mark Cochran of well-known anti-virus software maker McAfee created and manages a 20-person license compliance unit that generates revenues of about $35 million annually. "It's nice being known as a lawyer who is a profit center rather than a cost center," he said.Silicon Valley Pioneer Folds Office
Brown & Bain, once one of the Silicon Valley's leading intellectual property litigation firms, is closing its Palo Alto office at the end of July. The decision, which comes after years of setbacks for the office, ends a 20-year run in the Valley for a firm that waged landmark IP wars on behalf of Apple Computer Inc. and Intel Corp.After Patent Reform, MDL Docket Emerges as New Arena for Patent Fights
In a dispute that provides a case study in patent litigation after the enactment of the America Invents Act, lawyers for a patent holder suing major tech firms are fighting to get cases that were sent to the defendants' home jurisdictions transferred back to the Eastern District of Texas—but this time designated as multidistrict litigation.
The Justice Department has suffered consecutive setbacks in an economic espionage case against four Chinese companies because they have no U.S. employees to serve with a summons, and no U.S. office where one can be mailed. That's why the department is hoping to eliminate certain requirements for service on foreign businesses.
Trending Stories
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now
State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now