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As ABA Debates, MDPs Are Spreading
Employment Law Training, the nonlawyer arm of San Francisco-based Littler Mendelson, is rapidly becoming the firm's largest revenue source. The half-owned subsidiary generates $200,000 a month in billings. It's hardly the only success law firms have had with side businesses, despite the supposed ethical restrictions on multidisciplinary practices. A survey by The National Law Journal of the country's largest law firms shows nonfirm businesses thriving.Cite as: US v. James J. Treacy, 09-3939-cr, NYLJ 1202485315438, at *1 (2Cir, Decided March 9, 2011)Before: Mclaughlin and Hall, C.JJ., and Restani, J.*p cl
In a non-prosecution agreement announced on Tuesday, Alpha Natural Resources agreed to pay $209 million to settle a federal investigation into a 2010 explosion at a West Virginia coal mine owned by Massey Energy Company. Cleary Gottlieb, which represented Alpha on its $7 billion acquisition of Massey earlier this year, advised the company on the agreement with the Justice Department.
From what we gather, accused swindler extraordinaire Bernard Madoff was an immensely charitable man. If we were the Psychology Daily we might suggest something about salving a guilty conscience, but we're the Litigation Daily. So instead we'll offer thanks to Madoff on behalf of the white-collar criminal defense and securities class action lawyers for whom his alleged $50 billion fraud--said to be the largest in Wall Street history--has already begun to provide gainful employment.
Two Major Business Cases on D.C. Circuit's Fall Docket
The cases to be heard by the D.C. Circuit U.S. Court of Appeals in its fall term once again point to the court's central role in deciding novel legal, business and social issues, many of which have a national impact. On the schedule for upcoming arguments are two important business cases: one involving the recording industry's efforts to stop Internet piracy, the other a suit against the government by a major law firm that lost out on a lucrative government contract.What Every Corporate Counsel Should Know About Non-Compete Agreements
Businesses can get a nasty surprise when they learn that a court will not enforce a former employee's non-competition agreement. To avoid this result, in-house counsel should carefully draft their non-compete clauses, with full awareness of the general principles and their state's laws. Provided here is a sample of different state courts' approaches to interpreting and enforcing non-competition agreements. Such information can also be important when considering new applicants, and in times of merger.State AI Legislation Is on the Move in 2024
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2024 ESI Risk Management & Litigation Readiness Report
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Creating a Culture of Compliance
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A Buyer's Guide to Law Firm Software
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