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'NLJ 250' Shows Lawyer Ranks Growing Again
After a lull in growth at the 250 largest law firms in the U.S., the pace is picking up. The annual survey by The National Law Journal shows the overall number of attorneys increased by 4.4 percent this year, compared to a paltry 1.5 percent and 1.6 percent the two prior years. And although familiar faces had trouble adapting to market changes, consolidation made room for regional powers. Find out which firms enjoyed the most dramatic surge in numbers and which suffered the greatest declines.A group of heavyweight plaintiffs--represented by Bernstein Litowitz Berger & Grossmann--has brought its own suit against Bank of America, Countrywide, and several executives, believing they can do better than the class settlement that's already been approved.
Teva must be wishing it could do this one over. On Friday, Teva and Baxter were hit with the biggest punitive damages verdict in Nevada history, in the case of a man who claimed their sedative's improper packaging and labeling was to blame for his hepatitis C. Even worse: There are dozens more Nevada cases making the same claims.
It's been a tough week for MBIA, but the insurer and its lawyers at Quinn Emanuel caught a break Thursday in their case against Countrywide and BofA over billions in soured mortgage-backed securities. What's more, the ruling may revive similar fraud claims that MBIA and Ambac brought against Credit Suisse.
Shoring Up a Faltering Shearman
After a tough few years, Shearman & Sterling has a new leader charged with keeping the 133-year-old patrician firm in the top tier.A Buyer's Guide to Law Firm Software
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A Step-by-Step Flight Plan for Legal Teams: Fire Up Your Productivity Engine and Deliver High-Impact Work Faster
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Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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