Ernest Aliseda Joins Dykema’s McAllen Office
News
Ernest Aliseda has joined Dykema in its Commercial Litigation Practice Group as a member in the firm’s McAllen, Texas office.
3 Ways the Practice of Corporate Law is Changing
Article
A lot has happened in recent times to change the business landscape and the practice of law is also changing. This article looks at three principal ways the practice of corporate law is being transformed.
Negotiating Software Contracts – Successfully Negotiating a Warranty Section
Article
A warranty is one of the most important contract provisions in a software contract. Because so many factors can affect the performance of the software, publishers seek to limit their warranty, and provide limited remedies in the event of a breach. It’s important for businesses who license software to have a strategy in place to successfully negotiate this section.
America’s Top CEOs Pocket 340 Times More Than Average Workers
News
The top 500 chief executive officers in American companies earned 340 times the average worker’s wage last year, taking home $12.4m on average, according to an analysis by the AFL-CIO, reports The Guardian.
Wal-Mart Wins Dismissal of Mexico Bribery Lawsuit
News
A Delaware judge has dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world’s largest retailer of trying to cover up bribes paid by company executives in Mexico, according to a report by Reuters.
$100M Uber Settlement Attacked By Drivers Saying Lawyer Sold Out
News
The lawyer who struck a $100 million deal with Uber Technologies Inc. is being accused of greed by some of the drivers covered by the accord who want her bumped, reports Bloomberg News.
9th Circuit Extends Non-Compete Term Beyond Contractual Period
Article
Employee disregards a non-compete and joins a competitor; former company calls foul and initiates a lawsuit; parties fight it out, but by the time litigation has run its course, the non-compete period in the underlying contract has expired. The dispute is moot, right?
On the Nature of Being Mistaken in Contract
Article
Successful cases of contract reformation based on unilateral mistake are exceedingly rare — so endeavor not to be mistaken, cautions Glenn West of Weil, Gotshal & Manges LLP in the firm’s Global Private Equity Watch.
Recent Ruling Creates Potential Liability For Use of Common Contractual Terms
Article
While the law generally favors freedom of contract and supports the enforceability of uniform terms and conditions, a recent case applying New Jersey law shows that a business could be exposed to liability for simply including certain types of limiting clauses in consumer contracts.
Foley Boosts Corporate Practice in Chicago
News
Foley & Lardner LLP announced that Lou Cohen and Elgie Sims Jr. have joined the firm’s Business Law Department as of counsel in the Chicago office.
For SPLA Audits, When Historical Data is Missing, Creativity May Be Required
Article
Since SPLA pricing is based on a monthly reporting model, SPLA audits look at historical usage during the period covered by an audit (often, three years or more), and then compare that historical usage to a licensees’ historical usage reports.
And that historical-usage element is where almost all SPLA licensees routinely fall short.
Corporate Counsel Training Academy ‘Bootcamp’ Set for June 16-17
Event, June 16-17
The IADC will present its Corporate Counsel Training Academy June 16-17 at Georgetown Law Center in Washington, D.C. The program will provide practical training for junior in-house counsel and those who are planning a transition to a corporate legal department.
Top Hourly Rates for Some BigLaw Partners Have Reached $2K, Survey Finds
News
Some U.S. companies are now paying a top hourly rate of $2,000 to partners at the country’s biggest law firms, according to a report on a survey released by BTI Consulting Group.
Houston Court Cuts into Delaware’s Bankruptcy Business
News
More energy companies began to file in Houston after the court adopted a work order that aimed to expedite large cases by directing them to two of its six judges.
Can ‘Love Contracts’ Govern Your Inter-Office Romance?
Article
When the legal document is signed in an office setting, the co-working couple promises that their consensual attraction will not lead to distractions or conflicts of interest in the workplace.
Apple Invests $1 Billion in Chinese Ride-Hailing Service Didi, Rival to Uber
News
Apple Inc. said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market, reports Reuters.
Obama Signs Trade Secrets Bill, Allowing Companies to Sue
News
“Unfortunately, all too often, some of our competitors, instead of competing with us fairly, are trying to steal these trade secrets from American companies, and that means a loss of American jobs, a loss of American markets, a loss of American leadership,” President Obama said.
9th Circuit Removes Judge Who Slashed Attorney Fees From BarBri Antitrust Class Action
News
Lawyers who won a $9.5 million settlement in a conspiracy case involving bar exam review courses will get a second chance to seek $2 million in attorneys’ fees, and they will have a new judge.
eTERA Consulting to Host Webinar on Social Media and eDiscovery
Event, May 19, 11 a.m. EDT
eTERA Consulting, a data and technology management company, will present a complimentary webinar focused on eDiscovery and social media on May 19, 2016 at 11 a.m. EDT.
Survey Results: Toward a Value-Creating Board
Article
The amount of time board directors spend on their work and commit to strategy is rising, but in a new McKinsey Global Survey, few respondents rate their boards as effective at most tasks or report good feedback or training practices, according to an article on McKinsey’s website.
