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Have you thanked a litigator today? In a season of dismal law firm financial reports, a new study by Law360 suggests that if it weren't for litigation, 2008 could have been much, much worse.
The huge non-profit often shows up as an amicus in qui tam litigation, but this appears to be the first time AARP is wading directly into the fray.
At stake is a $500 million-a-year distribution deal in which Starbucks gave Kraft exclusive rights to market and sell its coffee at grocery stores. In a recent filing, Starbucks asserts it has the right to revoke the deal.
Fla. Managing Partners Survey Shows Year of Retrenchment
Firms across South Florida slashed expenses this year by cutting attorneys and staff, renegotiating with vendors and eliminating lavish firm dinners and retreats, according to a Daily Business Review survey of 76 area law firm leaders. Revenue per lawyer dropped or remained flat at 48 percent of firms last year, with large firms hardest hit, according to the survey. And just 34 percent of managing partners expect increased partner profits this year compared with 70 percent last year.The state may have been partly responsible for the release of toxic chemicals at the Stringfellow Acid Pits site more than 40 years ago. But its insurers have to share in the $500 million cost of cleaning up the mess, the state supreme court ruled this week.
Those orange-and-blue uniforms aside, the D.C. Circuit says FedEx drivers aren't actually employees, saving the overnight service the expense of paying their benefits.
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