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April 27, 2004 |

Large N.J. Firms Getting Bigger, and Faster

Employment growth at New Jersey's largest law firms staged a rebound last year, as competitive forces convinced them that it's better to be bigger. The growth rate at 30 firms climbed to 4.3 percent in 2003, up from an anemic 1.5 percent in 2002, according to the Martindale-Hubbell Law Directory's 2004 and 2003 editions. Much of the hiring was related to heavy activity in employment, real estate, land use and commercial litigation.
5 minute read
March 14, 2005 |

In Search of the Perfect Client

Referred by a good friend of yours, a man shows up at your office. He wants you to handle his divorce, says he'll pay all fees in cash and plops $5,000 on your desk. The five grand will help you pay some overdue bills, so you quickly ask a few questions and have him sign a retainer agreement. A month later, you're still working on the case, and, surprise -- you haven't seen another dime. You failed to effectively screen and analyze the client -- a big, costly mistake.
11 minute read
May 08, 2009 |

Newsbriefs

8 minute read
April 19, 2004 |

Large N.J. Firms Getting Bigger, And Faster

Employment growth at New Jersey's largest law firms staged a rebound last year, as competitive forces convinced them that it's better to be bigger. The growth rate at 30 firms climbed to 4.3 percent in 2003, up from an anemic 1.5 percent in 2002.
5 minute read
May 06, 2003 |

Jury Selection Begins in Coach's Bias Suit Against University

The road from basketball court to trial court has been a tough one for Wayne Allen, former coach at Florida Atlantic University. But the end came nearer Monday, as jury selection began in his wrongful-termination suit against FAU. Allen claims FAU hired a woman to replace him to satisfy NCAA gender equity requirements and win approval for a Division I football program.
5 minute read
April 06, 2006 |

New Deals

General Motors Corp., the world's largest automaker, has sold a stake of its profitable financial arm, General Motors Acceptance Corp., to a group of investors led by Cerberus Capital Management L.P., a private investment firm. Detroit-based General Motors, which has been struggling against Asian competitors and lost $10.6 billion last year, expects to receive $14 billion over the next three years from the sale of GMAC, which provides such services as automovitve financing.
4 minute read
January 23, 2013 |

Chancery Court Refuses to Strike Allegations in Mortgage Litigation

The Delaware Court of Chancery has declined to strike certain allegations made in an amended complaint filed by Wells Fargo Bank N.A., as the trustee for a Bear Stearns investment vehicle, against EMC Mortgage LLC, which sold a portfolio of mortgage loans to the trust. The court ruled that the allegations were relevant to Wells Fargo's claims and did not unfairly prejudice EMC.
5 minute read
June 05, 2001 |

Whose Life Insurance is It, Anyway?

A suit filed by insurer John Hancock, set to go to trial in federal court in Miami, may serve as a test case of the enforceability of so-called wet ink viaticals. Buyers say they're legal, but insurers and regulators fear that the growth of these deals, in which insureds sell life insurance policies to investors before the ink dries on the contract, could hurt the life insurance industry and encourage fraud.
7 minute read
February 18, 2003 |

Inadmissible

4 minute read

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