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Jennifer Keller, the attorney who won an $88.5 million verdict against Mattel Inc. in the battle over the Bratz doll, has teamed up with three former partners at Manatt, Phelps & Phillips to create a new litigation boutique based in Irvine, Calif.
The graveyard of auction-rate securities claims against Merrill Lynch got a bit more crowded this week, with two decisions in the space of two days dismissing suits by ARS investors. And judging by an appellate ruling that Foley & Lardner won Tuesday in one of the cases, most Merrill ARS claims are going to stay buried for good.
Motorola Credit Corporation v. Uzan
Under Swiss Law Governing Agreements Nonsignatory Defendants Lacked Right to Compel ArbitrationProposed Limits on Attorney Advertising Attract More Criticism
When four presiding New York justices formulated exceptionally broad ethics rules on attorney advertising last spring, they took the unusual step of delaying implementation of the proposals because they figured such sweeping new limits might generate some comment. Boy, were they right. The initial 90-day comment period, which ended Sept. 15, has been extended two months, and the justices are getting an earful as they inch toward adopting standards that are now slated to take effect in mid-January.Firms Hunting for Stars Re-Examine Partner Compensation
Although the most profitable law firms don't often lose partners to other firms, there's evidence suggesting that even firms with the highest profits per partner have become more vulnerable to the lateral market. In response, some Am Law 100 firms are deploying high-spread compensation systems specifically designed to reward their most valuable partners with more money than they could earn at the most profitable low-spread firms. Think your firm isn't re-examining its compensation system? Don't be so sure.Ex-Producer: Lawyer for CNN Worked Against, Not For, Me
Fired CNN producer April Oliver has sued the cable network for defamation, fraud and breach of fiduciary duty over last year's "Valley of Death" broadcast about the Tailwind Report, a covert mission during the Vietnam War. She claims famed First Amendment attorney Floyd Abrams and CNN convinced her that Abrams was basically on her side, representing First Amendment issues, and not conducting a sweeping investigation that, indirectly, would cost her her job. Abrams strongly denies her allegations.State AI Legislation Is on the Move in 2024
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