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Board of Contributors: Paper files still have their place in law firms
Although computers and the "cloud" have changed the extent and amount of paper files that attorneys maintain, they haven't lessened the need for written law firm practice protocols and procedures for document and file maintenance, write J. Randolph Evans and Shari L. Klevens of McKenna Long & Aldridge.Law Clerks Offer Big Opportunities for Small Firms
In this difficult economy the legal job market is an increasingly competitive place. There are more law students seeking clerk positions than the larger firms can handle or want.Where Have All the Securities Class Actions Gone?
Securities class actions are on the wane. For decades, the cases kept coming, and corporate America fought them hard. But last year, plaintiffs filings were down nearly 40 percent from the previous year, and the downward trend is expected to continue. While this is a fantasy-come-true for corporate America, it's something very different for corporate defense firms. Most defense lawyers feign indifference and say that other matters are keeping them busy -- but are they whistling past the graveyard?Double Jeopardy May Apply to Former Adelphia Execs
Two former executives of Adelphia Communications Corp. may be entitled to dismissal on double jeopardy grounds of the conspiracy charges lodged against them in a second indictment now that the 3rd U.S. Circuit Court of Appeals has voted 7-4 in their favor.Section 548's Two Year Look-Back Period Not a Statute of Limitations
In Industrial Enterprises of America Inc. v. Burtis (In re Pitt Penn Holding Co. Inc.), the U.S. Bankruptcy Court for the District of Delaware was faced with an issue of apparent first impression in the 3rd Circuit: whether the two year look-back period set forth in § 548 of the Bankruptcy Code is subject to equitable tolling. The court held that it was not.Cite as: Arkansas Carpenters Health & Welfare Fund v. Bayer AG, 05-2851-cv(L), NYLJ 1202471778103, at *1 (2d Cir., September 7, 2010)Decided September 7, 2
Wachovia's CEO ouster may foretell new losses, takeover
Wachovia Corp. fell to the lowest since July 1995 after the bank ousted Chief Executive Officer Kennedy Thompson, signaling the company may report a second-quarter loss. Wachovia, the nation's fourth-biggest bank, dropped as much as 4.5 percent in New York trading, adding to a slide that has cost the lender more than half its market value in 12 months.Ensuring the Admissibility of E-Mail Evidence
It's no secret that care needs to be taken in preserving electronic data during the discovery process. In addition to dealing with the fragile nature of computer evidence, there are a number of steps that attorneys can take to ensure that such data will be admissible.Trending Stories
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