American Lawyer

  • ILR: Claims Against Ratings Agencies over Failed Investment Vehicle Can Proceed

    … American Lawyer: Most efforts to hold ratings agencies liable for the financial crisis have failed, but on Thursday two institutional investors got the green light to proceed with claims that ratings agencies misled them about a $1.1 billion structured investment vehicle called Rhinebridge Plc. Read more: Claims Against Ratings Agencies over Failed Investment Vehicle Can Proceed …

    USA Recht- 17 Leser -
  • ILR: Latham Guides Eli Lilly to $29.4 Million FCPA Settlement

    … American Lawyer: Pharmaceutical giant Eli Lilly and Co. agreed Thursday to pay $29.4 million to settle charges by the U.S. Securities and Exchange Commission that it violated the Foreign Corrupt Practices Act by making improper payments to officials in Russia, Brazil, China, and Poland. Read more: Latham Guides Eli Lilly to $29.4 Million FCPA Settlement …

    USA Recht- 41 Leser -


  • ILR: Kentucky AG Can’t Dodge Merck’s Due Process Suit over Vioxx Contingency Counsel

    … Kentucky Attorney General Jack Conway can’t seem to shake Merck’s constitutional challenge to his use of contingency fee lawyers in litigation over Vioxx. U.S. District Judge Danny Reeves in Frankfort, Ky., first rejected the AG’s bid to dismiss the case back in March, sustaining Merck’s claims that the use of contingency fee attorneys violates…

    USA Recht- 24 Leser -
  • Will New Statewide Class Actions Against Wal-Mart Pass The Supreme Court’s Dukes Test?

    … American Lawyer | Nov 02, 2011: The U.S. Supreme Court may have stopped a nationwide gender discrimination class action against Wal-Mart Stores, Inc., but it didn’t stop the plaintiffs’ lawyers. Last week they filed two statewide class actions in California and Texas, claiming that the retailer gave lower pay and fewer promotions to thousands of female employees. …

    USA Recht- 5 Leser -
  • $9 Million for Class, $21 Million for Lawyers?

    …Ja, so kann es in den USA laufen, das Honorar des Anwalts ist wesentlich höher als das, was die Mandanten in Summe vom Gericht / Jury zugesprochen bekommen. Folge zulässiger Erfolgshonorar-Vereinbarungen: American Lawyer | January 11, 2011. One of the big differences between class actions and mass actions is supposed to be attorneys fees. In mass…

    USA Recht- 25 Leser -
  • US-Rechtsstreit über 10.000.000 USD Anwaltshonorar

    … Einmal mehr wird deutlich, wie zum Teil US-Prozesse horrend teuer sind. Nachfolgend Artikel des New Yorl Lawyer vom 14.Juli 2010. Pay Up, You Bratz!: BigLaw Firm Sues Dollmaker More Than $10,000,000 in Fees By Brian Baxter | The American Lawyer Subscribe to The American Lawyer >O’Melveny & Myers has filed suit against MGA Entertainment…

    USA Recht- 27 Leser -
  • US-Erfolgshonorar – 90.000.000 USD

    … New York Lawyer | June 16, 2010; By Andrew Longstreth | The American Lawyer. In den USA ist die Vereinbarung von Erfolgshonoraren zulässig, in Deutschland abgesehen von einer kleinen, wenig relevanten Ausnahme grundsätzlich nicht. Im nachfolgend geschilderten Fall wurden 18% und damit bei einem Urteil von 500.000.000 USD zugunsten des Klägers…

    USA Recht- 37 Leser -
  • BigLaw Salaries: "A Fundamental Reset"

    … this as a temporary adjustment," says Eugene Tillman, the firm's global head of legal personnel. "This is a fundamental reset." [The American Lawyer] Was meint die werte Leserschaft: Gilt das auch für Deutschland? Diskussion eröffnet!…

    Jurabilis- 24 Leser -
  • BigLaw's Black Thursday

    …Als "schwarzer Donnerstag" (alternativ: das "Valentine�s Day Massacre") der Rechtsberatungsindustrie wird der vergangene Donnerstag in die Geschichte eingehen. Die Zahl der gemeldeten Entlassungen in US-amerikanischen Kanzleien erreichte allein an diesem Tag einen vierstelligen Wert. Eine Übersicht bietet diese "Layoff List" des American Lawyer. Intensive Berichterstattung leistete wie immer das Team um David Lat. Es wird in der Tat mehr als ein langes Wochenende brauchen, um diesen vorgezogenen Freitag den 13. zu vergessen.…

    Jurabilis- 35 Leser -
  • Neue Spielregeln

    …Der American Lawyer analysiert eine Entwicklung in Großkanzleien, die niemandem verborgen bleiben kann: An die Stelle des "Turniersystems" (Cravath-System, a.k.a. "rat race") der guten alten Zeit ist ein neues Prinzip getreten, das "Kern/Mantel"-Modell. Liest sich so: The typical result is a firm that bears a funhouse mirror resemblance…

    Jurabilis- 85 Leser -
  • Der Umbau der Pyramide

    …"The Greatest American Lawyer" zu möglichen Umwälzungen im Pyramidenspiel des Systems Großkanzlei: The failure of the pyramid model has a number of serious consequences. The most serious consequences are going to be in the areas of culture and morale. Big law attorneys suffer their business model in large part because of the big pay checks…

    Jurabilis- 43 Leser -
  • Summer Associates: Neue Bescheidenheit?

    … drauflegen. Bei Wochengehältern um 3000-Dollar dürfte ein solcher "Lunch-Notfonds" sicher einzurichten sein. Die groß angelegte Umfrage des American Lawyer hält aber auch positive Entwicklungen bereit. Wir sind - wieder einmal - gespannt auf den nächsten Sommer, "the first summer after".…

    Jurabilis- 27 Leser -


  • The American Lawyer Midlevel Associates Survey

    … Midlevel associates are generally regarded as the sweet spot in a law firm's financial structure--thus the near obsession with retaining them. In our annual midlevel survey, 7259 third-, fourth-, and fifth-year associates from 180 firms gave us a glimpse of their working lives. [Midlevel Survey] Über Sinn und Unsinn dieser Surveys kann man…

    Jurabilis- 52 Leser -
  • Nochmal: Bewerbermarkt

    …American Lawyer Student Edition in der Einleitung zu einem Bericht über die Summer Associates 2005: It's good to be the king, But if you can't be king, being a summer associate comes in a close second. The attitude of the respondents to the 2005 Summer Associates Survey could be summed up by the remark of an intern at Atlanta's Arnall Golden…

    Jurabilis- 20 Leser -
  • German Joys weblog

    … Andrew Hammel is an American lawyer who teaches legal English at Düsseldorf University. His weblog, German Joys, has been online since December 2004, but when I first saw it it appeared inactive. It seems to have awakened to life since then. Sascha Kremer reminded me of its existence in his entry ‘Der Lehrstuhl blawgt’. Andrew’s entry…

    Transblawg- 19 Leser -
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