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Airport Stores, Insurer Spar Over 9/11 Losses
A national airport retailer is suing its insurer because it refused to pay for financial losses caused by the closure of airports on Sept. 11, 2001. The suit -- filed by Atlanta-based Paradies Shops Inc. in Fulton County, Ga. State Court -- alleges that Hartford Fire Insurance Co. breached its contract when it didn't pay Paradies for financial losses resulting from airport closures in the immediate aftermath of the terrorist attacks.Powell Goldstein Dragged Back Into Malpractice Battle
When a federal judge in Alabama overturned a ruling by a bankruptcy judge last month, lawyers at the firm that used to be Powell Goldstein got dragged back into a complicated and hard-fought malpractice battle launched against them by the bankruptcy trustee for former client Verilink Inc. The trustee claims that the firm attempted to conceal documents that showed its lawyers took part in a series of civil transgressions perpetrated by Verilink's officers and directors that ultimately led to Verilink's bankruptcy.Georgia GOP Plans Court Challenge to New Voting Districts
Georgia State Republican Party Chairman Ralph Reed says state Democrats have "pointed a gun at the Republicans and shot themselves" with legislative redistricting maps the GOP will challenge in court. Reed says the maps go "far beyond what the U.S. Supreme Court allows in using race as a factor in drawing congressional districts." The GOP's planned legal action might delay implementation of the new districts.2002 Associates Survey: From Allen & Overy to Lowenstein Sandler
The firm-by-firm breakdown of responses to the survey.Georgia Lawyers Take Sides in High Court Client Privilege Case
Georgia lawyers are front and center in a U.S. Supreme Court case that could change the way appellate courts deal with questions of attorney-client privilege. The appeal concerns litigation over hiring practices at carpet maker Mohawk Industries. A coalition that includes business interests and the ABA is asking the high court to allow parties in federal cases to immediately appeal lower court findings that the parties have waived their rights to keep key information secret under attorney-client privilege.2009 A-Z Summer Associate Rankings
A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing.
The Billable Hour's Staying Power
It may not get much respect, but the billable hour sure has a lot of staying power. First appearing in the late '50s, the hourly billing rate caught on in popularity, partly because law firms could use it as an excellent income predictor. But as operating expenses began to mount, firms had to raise hourly rates, and then hourly quotas for attorneys -- and thus began a vicious cycle. But even with a host of alternative billing models, and many critics of hourly billing, the billable hour endures.Lazard Freres & Co. LLC v. West*Group Properties LLC
Investment Bank Entitled to Partial Transaction Fee In Redemption of Interests in Property FirmTRENDING STORIES
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