0 results for 'Murphy McGonigle'
Two Financial Law Boutiques Merge
Thirty-attorney Murphy & McGonigle, which has six lawyers in New York, is acquiring Wall Street-based Krebsbach & Snyder, which has eight lawyers, all in New York.Boutiques Split Off From Neal Gerber and LeClairRyan
Recently, five attorneys formerly with Chicago's Neal, Gerber & Eisenberg announced their new firm, Chicago Law Partners, and 15 lawyers from LeClairRyan broke away to form Murphy & McGonigle. Both firms cite the ability to charge clients less as one factor in the moves. "We believe we've created a new model that allows us to manage our overhead rigorously," says Murphy & McGonigle's James Murphy. "Under this model, our attorneys will be freed of bureaucracy because we are outsourcing non-core functions."Boutiques split off from Neal Gerber and LeClairRyan
This week, as five attorneys formerly with Chicago's Neal, Gerber & Eisenberg announced their new firm Chicago Law Partners, 15 lawyers from Virginia-based LeClairRyan broke away to form Murphy & McGonigle. Both new firms cited the opportunity to charge clients less as one reason for the new ventures.Clear Path to Pursuing Common Law Securities Claims Not 'Assured'
James Goldfarb and Hannah Berkowitz, partners in Murphy & McGonigle, write that despite a recent Court of Appeals ruling, significant substantive and procedural protections embedded in New York and federal law will continue to pose formidable challenges to investors and other securities market participants seeking common law relief for securities-related wrongs.1st Department Adopts 'Zubulake' on Bearing Costs in Discovery
The cost of finding and producing both electronically stored information and physical documents must initially fall on the party responding to a discovery request, though courts may shift that cost at their discretion, a unanimous First Department panel has ruled.N.Y. Panel Adopts 'Zubulake' on Bearing Costs in Discovery
A decision by New York's Appellate Division, 1st Department, on cost-shifting is its second this year adopting e-discovery standards set forth by Judge Shira Scheindlin in Zubulake.2nd Circuit Faults Judge's Explanation to Jury of 'Conscious Avoidance'
The 2nd Circuit has vacated the conviction of a former high-level executive with Royal Ahold and ordered a new trial. Mark P. Kaiser was convicted of making fraudulent misrepresentations about the financial condition of U.S. Foodservice, which was acquired by Royal Ahold. The circuit said the trial judge erred in a jury instruction on the law of conscious avoidance and improperly admitted a hearsay statement by U.S. Foodservice's general counsel, thus requiring that Kaiser's conviction be vacated.State AI Legislation Is on the Move in 2024
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