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GCs Share the Pain With Outside Counsel
The worst economic crisis in years is forcing everyone to look for ways to save money, and general counsel are no exception. Some are cutting their internal expenses — not filling an open position, for example, or reducing the travel budget. But the main place that many GCs hope to save money is in their outside counsel spending. So they're dropping law firms, and demanding lower bills and fixed fees from the ones they keep.
Firms vie for lead roles in big litigation
The Toyota litigation is the latest high-profile case to attract a set of plaintiffs' securities firms that have become increasingly competitive regulars in the fight for lead counsel status in big-ticket shareholder litigation.
Dealmaker of the Week: Daniel Dufner Jr. of Linklaters
Dufner led the Linklaters team advising health insurer WellPoint on its $4.9 billion acquisition of rival Amerigroup.
McKesson Health Solutions LLC v. Starkowski
Publication Date: 2007-08-14 Practice Area: Federal Government & Politics
Industry: Court: Superior Court Judge: Bentivegna, J. Attorneys: For plaintiff: For defendant: Case number: CV07-4029449
Competition Growing for Lead Counsel Status in Big Securities Suits
When shareholder class actions began rolling in against Toyota Motor Corp., senior partners from more than a half-dozen of the nation's most prominent law firms piled into a Los Angeles courtroom to make their case for lead counsel status. The Toyota litigation was the latest high-profile case to attract a set of plaintiffs' securities firms that have become increasingly competitive regulars in the fight for lead counsel status in big-ticket shareholder litigation.TRENDING STORIES
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