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How Much Will 'Best Law Firms for Women' List Influence Attorneys?
Female law students entering the recruiting season have another weapon for their interviewing arsenal: a list of the 50 U.S. firms deemed most woman-friendly. The survey by Working Mother magazine and Flex-Time Lawyers covers benefits and compensation; parental leave and policies; child care; workforce profile; flexibility; and retention and advancement. Some women in the profession, however, question how much of an impact the list might have on a newly minted attorney's employment decisions.Associate Salary War Moves to Midwest
The associate salary war has spread from the coasts to the middle of the United States, with law firms boosting starting pay to stay competitive in a market where demand is mounting and the supply of top-notch first-years is waning. Though Midwest law firms aren't matching the $135,000-plus salaries of the big firms on the East and West coasts, some, such as Denver-based Holme Roberts & Owen, are raising salaries by 17 percent, to $105,000, to stay competitive with national firms with local outposts.$1 Million in Fees Awarded in ERISA Case
A Northern District of New York judge has awarded more than $1 million in legal fees and expenses to lawyers in Syracuse, N.Y., and Washington, D.C., who prosecuted a Teamsters ERISA case against United Parcel Service. The ruling in New York State Teamsters Conference Pension & Retirement Fund v. United Parcel Service stems from a complaint alleging that the defendants neglected to fully contribute to health and pension funds.Class action litigation is beginning to take shape over allegations that major banks manipulated Libor, the benchmark rate used to calculate interest on trillions of dollars in securities globally. On Monday the federal district court judge hearing the litigation consolidated 20 class complaints, and appointed interim class counsel.
Considering Arbitration's Costs and Dangers
When they are negotiating the terms of commercial contracts, companies frequently assume that inclusion of an arbitration clause is a no-brainer. Savings with the stroke of a pen, right? Not always, warn attorneys Brian H. Corcoran and Mandie Landry. Arbitration holds its own hidden risks and dangers that are too easily glossed over. Here are five factors any company thinking about including an arbitration provision in a contract should consider.State AI Legislation Is on the Move in 2024
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