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Latham & Watkins' Pro Bono Figures Show It's Not All About Money
The numbers aren't all in yet, but Los Angeles' Latham & Watkins couldn't wait -- it had to spread the word that even while it's California's most profitable law firm, it's not all about the money. The firm donated about $15 million in pro bono work last year. That accounts for 63,669 hours, which satisfies the firm's goal of donating 3 percent of its total billables to pro bono.In-House Counsel: Nancy R. Heinen., Apple Computer Inc.
Nancy R. Heinen. is senior VP and general counsel of Apple Computer Inc. The company has 10,176 employees and has manufacturing facilities in Sacramento, Calif., Cork, Ireland, and Singapore. The company has third-quarter revenues of $1.56 billion. The National Law Journal takes a look at her career.Law Firms Looking to Hum a Few IPO Bars
Earlier this month, singer Alanis Morissette's shares in MP3.com went way beyond platinum when the Internet music distribution company went public. The singer received options to buy more than 650,000 shares at a mere 33 cents per share as part of a three-year agreement. The rest of Hollywood is abuzz. And plenty of law firms are scrambling to represent the next entertainment-related technology company that may be positioning itself for IPO riches.For years, culminating with his Ninth Circuit win against UMG Recordings this week, Elkin has relied on a safe harbor provision of the Digital Millennium Copyright Act to fend off copyright infringement claims against his client Veoh Networks. Elkin's pioneering work has paid off for Veoh, and so far it's paying off for Google and YouTube as they defend against Viacom's $1 billion copyright suit.
Judge Smith Goes to Washington
Federal Trial Judge Fern Smith is saying goodbye to San Francisco and moving in two weeks to take over the Federal Judicial Center in Washington, D.C. Smith began her legal career at 35 and made partner at the point most attorneys start considering retirement. During her four-year stint as director at the Center, which provides education and resources for federal judges, Smith hopes to emphasize and expand the use of technology in courtrooms.L.A. Firms' Dirty Little Secret: Hourly Rates
The big firms are getting used to announcing gross revenues that have become, well, gross. They're begrudgingly willing to talk about partner draws that are moving to the million-dollar neighborhood. What the big law firms are still downright shy about are the building blocks of all that filthy lucre: billing rates. Los Angeles insiders don't want to go on the record about charging $500 for partners. Why? "When you start raising rates, you change the way lawyers view each other," says one recruiter.Survey Shows Pa. Law Firms Don't Shine When It Comes to Diversity
Whether they moved up or down in the ranks of this month's Diversity Scorecard in Legal affiliate The American Lawyer, most Pennsylvania-based firms have little to show when it comes to the number of minorities in their ranks.So why did the music industry suddenly settle with Lime Wire in the midst of a jury trial last Thursday? It's worth noting that the $105 million deal came fresh on the heels of the cross examination of Warner Music CEO Edgar Bronfman Jr. by Willkie Farr & Gallagher's Joseph Baio. Bronfman claimed Lime Wire had devastated the music business, but was forced to admit that he would make billions from Warner. More ominously for Bronfman, he faced the possibility of having to tell the jury about his recent insider trading conviction in France.
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