Injury Attorney News
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A.G. Sues Banks Over Their Use of MERS Electronic 'End-Around'
In his latest broadside against the banking industry, New York Attorney General Eric Schneiderman is alleging that the nation's largest banks use the Mortgage Electronic Registration System to evade public filings, shortchange localities of $2 billion in fees and compromise homeowners' interests. A complaint filed on Friday describes MERS, a Virginia-based digital mortgage tracking service, as "a shell company" established as a stealth mortgagee for banks, particularly JPMorgan Chase, Bank of America and Wells Fargo.
Weathering the Storm
A rising tide may lift all boats, but not all law firms rose with the swells in 2011's choppy waters. A few California-centric firms saw large gains in revenues or profits in 2011, while at the other end, firms like Orrick and Pillsbury spent the year mostly treading water.
Tracing the Effects of Oil and Gas Industry Political Donations
As millions of dollars flow from corporations and individuals into presidential campaigns, money also continues to influence members of Congress. In a recent two-year time frame, contributions to current House members from individuals and PACs connected to the oil and gas industry totaled nearly $12 million.
Herbert Smith Confirms Merger Discussions with Freehills
U.K. firm Herbert Smith has confirmed that it is in merger talks with Australian firm Freehills. A tie-up between the two firms would create an international giant with nearly 2,000 lawyers and give Freehills an opening into Asian markets.
Legal Sector Added 1,000 Jobs in January
The legal sector kicked off 2012 on an upbeat note by adding 1,000 jobs in January, according to the preliminary employment report released Friday by the U.S. Bureau of Labor Statistics. The gains mark a near-complete reversal from December 2011, when legal employers cut 1,100 positions.
DLA Piper's Browning Marean on E-Discovery Proportionality
Browning Marean, senior counsel at DLA Piper, speaks to LTN magazine's editor-in-chief, Monica Bay, about the challenges of fashioning responses to discovery requests that are appropriate -- and proportional -- to a case.
Judge John Facciola on E-Discovery Training at a Crossroads
D.C. District Judge John Facciola speaks with LTN magazine's editor-in-chief, Monica Bay, about how e-discovery training is at a crossroads, constrained by limited financial resources at the governmental level. He proposes several solutions to address these challenges, particularly when individuals are unable to meet face to face.
Litigator of the Year Winner - David Boies
The Boies, Schiller & Flexner founder explains how he prepared for the key cross-examinations in the Proposition 8 case.
Intel's Jerone English on Leveling the EDD Playing Field
Jerone English, director of e-discovery for Intel, speaks to LTN magazine's editor-in-chief, Monica Bay, about how rank-and-file lawyers can get up to speed on the latest electronic data discovery policies and procedures.
O'Melveny Beats Back Sucessor Liability Claim Against BofA in Countrywide MBS Suit
In the face of the most comprehensive effort yet to keep Bank of America on the hook for alleged fraud in a Countrywide mortgage-backed securities case, a California federal district court judge has rejected Allstate's successor liability claim against BofA.
Attorney Sanctions Upheld in 9/11 Conspiracy Case
Sanctions against two attorneys who insist that former Vice President Dick Cheney and former Defense Secretary Donald Rumsfeld caused the Sept. 11, 2001, terror attacks have been upheld by a unanimous 2nd Circuit panel that refused to disqualify itself from the case.
The Am Law 100, the Early Numbers: Bryan Cave Comes Into Latest Tie-Up with Revenue on the Rise
Bryan Cave is coming into its latest big merger from a position of strength. The firm, which absorbed Holme Roberts & Owen on Jan. 1, saw steady growth across financial categories last year and nearly achieved a double-digit bump in profits per equity partner for a second straight year, according to The American Lawyer.
The Am Law 100, the Early Numbers: Weil's Profits Jump 8 Percent
Weil, Gotshal & Manges is on the rebound. After seeing revenues and profits slip in 2010, the firm enjoyed moderate growth in 2011, with all financial metrics ahead of where they were in 2009. Litigation stemming from fallout over the financial crisis remained a strong spot.
Was Penn State's GC Counsel for University Officials?
In-house lawyers understand that they're hired to represent the entity that issues their paychecks, not the executives and staff. But as evidenced by the testimony of two Penn State University officials, a company's lawyers and constituents can understand the relationship differently.
FINRA and Schwab Lock Horns Over Arbitration Agreements with Brokerage Customers
In the wake of a complaint by the Financial Industry Regulatory Authority, Charles Schwab has lawyered up and gone to court to seek an unprecedented declaratory judgment, asking a federal district court to block the agency's action and to rule that its class-action waiver agreements are enforceable.
CNN Doesn't Get Far in Fight Against Closed Captioning
In a hearing Thursday, a federal magistrate judge seemed to agree with disability advocates that forcing CNN to provide closed captioning on its Internet videos doesn't violate the First Amendment, since closed captioning doesn't require the news organization to summarize, distill or change its content.
Ninth Circuit Rejects Fair Housing Act Discrimination Claims Against Roommates.com
Roommates.com has scored a big victory with a 9th Circuit ruling that it can collect personal information from users and match potential roommates according to traits like gender and sexual preference. The panel held that roommate selection is covered by a constitutional right to association.
State Justices Overturn Another Death Sentence
For the fourth time in a little more than two months, the California Supreme Court has overturned a death sentence. Because the jury couldn't reach a verdict on a second special circumstances charge of torture, the high court said it was forced to reverse the sentence.
Cain sued over book cover photo
An ad agency is suing former presidential candidate Herman Cain and the publisher of his biography, claiming that its copyright of the book's cover photo has been infringed. The agency seeks an injunction to halt sales of the book, and is asking a Georgia federal court to impound all copies for destruction.
Defense wins $1.1M in suit over contract
A breach of contract battle between copier products companies that began three years ago with a Chinese conglomerate suing a family-owned Atlanta company for more than $4 million has concluded with the defendant winning $1.1 million for counterclaims.
What Causes Lawyers to Over-Preserve?
Irrational fear of sanctions and spotty tech familiarity have conditioned lawyers to over-preserve, says e-discovery special master Craig Ball, but there are options to "right size" the approach.Visit Law Technology News
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