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Federal Circuit Vacates $63 Million Verdict Against Cisco
Publication Date: 2013-06-25 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Cisco has gotten a reprieve on a verdict in a trial that came about because one of its lawyers made allegedly anti-Semitic remarks in an earlier trial. On Tuesday, the Federal Circuit panel vacated the verdict, which came in an infringement suit brought by a small patent holding company named Commil.
Prepare Now to Ward Off Hostile Takeover Bids
General counsel need to make sure their companies are prepared to ward off hostile takeover bids, writes Robert W. Dockery. In 2010, there was an 80 percent increase in the number of acquisitions of U.S. publicly traded companies valued at more than $100 million compared with 2009, according to a Jan. 13 article on thePractical Law Company website. As the credit markets continue to loosen, many commentators believe the number of acquisitions will continue to increase. However, as has occurred in past periods of rising acquisition activity, companies also should expect hostile bidders.
Texas Firms Slow First-Year Hiring Pace
For the hopeful Class of 1999, 1998 was an aberration - most first-year associates in Texas won't be receiving a raise over the typical $90,100 starting salary. A survey of Texas' 25 largest firms also reveals that the number of associates in the 1999 first-year class, while larger than last year's, does not represent as significant a jump as the 1998 class did. James Maloney, whose firm co-led the salary charge last year, says, "I think you're going to see slow growth, not explosive growth."
Commentary: Every Pay Raise Has Its Price
During the past month, large Texas law firms have engaged in a salary war that started with Vinson & Elkins raising first-year associate pay to the New York rate of $160,000. But at what price, asks Mark Donald? These young lawyers will bill around 2,000 hours a year -- minimum. And with the dreaded billable hour comes disillusionment. Add to that the fact that the average career life expectancy of an associate at a big firm is three years -- before a law firm even starts to make money off the attorney.
Proskauer Steps Up for MLB in Latest A-Rod Legal Drama
Publication Date: 2013-10-04 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Proskauer Rose has been retained by Major League Baseball to fight the scandal-soaked suit filed Friday by embattled New York Yankees star Alex Rodriguez and his lawyers from Reed Smith, Gordon & Rees, and New York's Tacopina Seigel & Turano.
Atlanta Mayor Itching to Sue Gun Makers
Atlanta is expected this week to join other American cities that have sued the gun industry claiming that their products are unreasonably dangerous.