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December 19, 2005 |

In-House Noncompete Rules Get First State Test

Regulators in New Jersey have begun the first known inquiry by a state into the ethical propriety of a corporation requiring in-house counsel to sign noncompete covenants. Although the issue stems from one unidentified BASF Corp. attorney's request, the issue affects thousands of companies around the country. David Stryker, BASF's general counsel, says conflict of interest and confidentiality rules leave "a gap that is unprotected without the noncompete."
7 minute read
December 29, 2006 |

Most Law Firms Have No Formal Succession Plans

A majority of law firms and legal departments lack formal succession plans for their leadership, a national study reports. The findings are unlikely to surprise lawyers at New Jersey firms - which by and large change their management structures on the fly.
3 minute read
May 30, 2006 |

Drug Makers Delay Generics Hitting Market

The marketers of the world's second-largest-selling drug dodged a major threat to their revenues by reaching a deal to keep a generic competitor at bay until at least 2011. Now, 10 lawsuits have been filed over the settlement Sanofi-Aventis SA and Bristol-Myers Squibb reached with Apotex, a generic manufacturer challenging blood thinner Plavix's patent. The suits, filed by businesses, unions and health plans, allege the deal violates antitrust laws by denying access to cheap, generic versions of Plavix.
6 minute read
May 30, 2006 |

Drug Makers Delay Generics Hitting Market

The marketers of the world's second-largest-selling drug dodged a major threat to their revenues by reaching a deal to keep a generic competitor at bay until at least 2011. Now, 10 lawsuits have been filed over the settlement Sanofi-Aventis SA and Bristol-Myers Squibb reached with Apotex, a generic manufacturer challenging blood thinner Plavix's patent. The suits, filed by businesses, unions and health plans, allege the deal violates antitrust laws by denying access to cheap, generic versions of Plavix.
6 minute read
January 11, 2013 |

N.J. M&A Market Levels Off Due to Scarcity of Megadeals

The mergers-and-acquisitions market for New Jersey-based companies came back to earth in 2012, with the top 30 transactions posting $50.8 billion, nearly a 42 percent drop from $87.3 billion the year before.
6 minute read
December 19, 2007 |

Martindale Hubbell Faces Challenges in Pennsylvania

Ten years ago it was still a rite of passage. As early as five years ago it was a tradition. But in the past two or so years, firms have started to question the usefulness of Martindale Hubbell's listing of attorneys and biographies in its annual book and online, as firm Web sites evolve and Google is ever-present.
8 minute read
May 12, 2008 |

Searching for Low-Cost Options

It's no secret that many corporate counsel are fed up with high outside counsel costs. Business pressures to cut legal costs, coupled with outrage over rising associate salaries, have led to some corporate counsel crying foul. Firms are trying to come up with ideas of their own to retain corporate clients. Some law firms are hiring nonlawyers to do corporate work that they feel doesn't necessarily need to be done by attorneys.
7 minute read
April 11, 2011 |

CVS $25 billion benefit looms with Caremark breakup: real M&A

CVS Caremark Corp., created in a takeover four years ago that has left investors with underperforming stock, could be worth $25 billion more if the company split itself up.
6 minute read

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