Counsel News and Events for Attorneys and Executives

Tag: Corporate

Judge Tosses Law Firm’s Suit Alleging Rival’s Ads Inflated Recoveries

News
A Kansas law firm that claimed that a competitor was inflating client recoveries in its advertising won’t be able to pursue its lawsuit.

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More Biglaw Firms Encourage Associates and Staff To Use Gender Pronouns In Email Signatures

News
Biglaw firms across the globe continue to promote diversity and inclusion among their ranks by instituting transgender-friendly workplace policies. To that end, many firms have decided to embrace the full gender spectrum by encouraging any and all employees.

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EY Lays Off Some U.S. Lawyers Who Came through Pangea3 Acquisition

News
While precise details remain uncertain, reports indicate that EY has let go some 20-30 lawyers who work for it in the Minneapolis-St. Paul area of Minnesota and the Dallas-Fort Worth area of Texas.

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Bayer Asks California Court to Reverse $86 Million Roundup Cancer Verdict

News
Bayer denies the allegations made by more than 42,700 plaintiffs in the United States, saying decades of studies have shown Roundup and glyphosate are safe for human use.

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Lawsuit Alleges Biglaw Firm Failed To Monitor Partner With Substance Abuse Problem

News
The allegations against Stevenson include ones that he provided legal advice under the influence of alcohol and cocaine and that Venning was not warned the legal work they got from Stevenson may be under the influence.

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5 Tips for a Fair Business Contract Agreement

Insight
Drafting a business agreement and documenting it is very important to secure the deal that you will be conducting.

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DOJ Division Leader Apologizes for License Lapse and Inadvertent Practice

News
A high-level Justice Department  lawyer was in the spotlight this week because he practiced for two months while unaware that his license had lapsed.

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Biglaw Firm Pivots Direction And Loses Partners In The Process

News
Irell & Manella “announced to all attorneys that the firm was pursuing an ‘alternative business model.’

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5 Emerging Challenges for Law Firm Leaders in 2020

News
Five important emerging trends or steps for law firm leaders to consider in 2020, each of which will have significant short and long-term implications for firms.

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Former Biglaw Partner is Suspended After Writing Himself Checks from Firm, Claiming Gambling Addiction

News
A former partner at Wilson Elser Moskowitz Edelman & Dicker has been suspended after an ethics panel concluded that he wrote himself checks from the law firm’s operating account and then lied about a gambling addiction.

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Sedgwick Declares Bankruptcy in Filing that Traces the Law Firm’s Downfall

News
Sedgwick, the dissolved law firm, filed for bankruptcy Tuesday in federal bankruptcy court in San Francisco.

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Fifth Circuit Rules “Approximate Physical Presence” is Required for General Personal Jurisdiction

Insight
Can targeted advertising establish general jurisdiction over a foreign corporation? 

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Former Biglaw Lawyer Files Suit Claiming Firm Fired Him Because of Nerve-Compression Disability

News
Cornell Crosby, an intellectual property lawyer, filed the disability discrimination suit in state court in Los Angeles. He is seeking $300,000 in economic damages, along with damages for emotional distress.

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Why You Should Insist on Diversity in Your Law Practice

News
Both the perception of and reality for women attorneys is disheartening.

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Legal Funding Impacts Taxes, On Funding & Later Settlement

Insight
Lawyers and clients may want to lay off some of the risk of a case on someone else, and the litigation finance industry generally offers non-recourse money.

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Making Big Oil Pay For Climate Change May Be Impossible

Insight
As more governments and taxpayers find themselves staring down the barrel at rising climate costs, they are increasingly turning to the courts to hold Big Oil accountable.

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Former BigLaw Office Manager Accused of Using Firm’s Credit Card for Spending Spree

News
Federal prosecutors allege that a former Morrison & Foerster office operations manager spent more than $400,000 on the firm’s credit card to make personal purchases.

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Women Suing Riot Games May Deserve $400 Million, Not $10 Million

News
Two state agencies are taking the unusual step of trying to stop Riot Games from paying out $10 million to female employees as part of a settlement over a gender discrimination class action suit.

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Johnson & Johnson’s $8 Billion Risperdal Judgment Reduced to $6.8 Million

News
The judge presiding over a case which saw Johnson & Johnson hit with an $8bn jury verdict has reduced the amount the company has to pay in damages to $6.8m.

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Indemnify is a Funny Word Carrying Historical Baggage—Be Aware and Use with Care

Insight
An indemnification remedy against sellers (subject to a cap) continues to find its way into many private company acquisition agreements.

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