Baker & McKenzie to Pay $6 Million in Settlement Over Coudert Business
Baker & McKenzie has agreed to pay $6.65 million to compensate Coudert Brothers' bankruptcy estate for profits Baker earned from unfinished business that partners took with them when they left the defunct Coudert. Baker will forfeit most of its interest in an estimated $17 million in contingency fees for litigation that former Coudert partners were handling. The settlement follows a recent setback for retired Coudert partners who sued to have several firms held as Coudert successors responsible for paying their pensions.
ABA Delegates to Weigh Judicial Finance Training, Same-Sex Marriage
Attorney Josh Markus will urge delegates at the ABA's annual meeting in San Francisco this week to officially encourage financial products and practices education and training for judges in the U.S. and abroad. The proposal is one of 35 resolutions up for debate, including a proposal that would urge state-level governments to eliminate all legal barriers to civil marriage between two persons of the same sex and oppose a federal constitutional amendment to define marriage as a union between a man and a woman.
Financial Reform Keeps Law Firm Banking and Securities Practices Busy
Regulations for the recently enacted financial reform law are months away, but law firms with strong financial services practices are rolling out the welcome mat for client conferences and filling their calendars with client meetings. Clients' initial questions have largely focused on the so-called Volcker rule, which generally bans banking institutions from investing in private equity or hedge funds or engaging in proprietary trading, said Greg Lyons of Debevoise & Plimpton.
Your Cheat Sheet for Local Rule Motion Practice Part Two: Central District of California
You know the Federal Rules backwards and forwards, but its compliance with the local rules that really makes a civil litigator look like a pro to colleagues and clients. In this ongoing LLRX series, the editorial team of SmartRules gives you the tools to navigate motion practice in these busy federal courts with ease and grace. We've outlined the key provisions and highlighted the pitfalls. Here's what you really need to know about motion practice in the Central District of California.
Development of a SharePoint Site
Lorette S.J. Weldon continues her series with a discussion on how to interpret and document the requirements of an organization or a specific department in order to develop a successful SharePoint site.
Testing the Accuracy of Database Information Produced in Civil Discovery
Conrad J. Jacoby identifies the trend that increasingly electronically stored information ("ESI") requested in litigation discovery originates in databases or other structured data repositories. Previously, this data was stored in discrete e-mail messages, spreadsheets, and word processing files that have long made up the bulk of most ESI document productions. Businesses creating and managing their accumulated information have discovered that they are able to extract far more utility if they store their data in a single repository and in a standardized format.
UN officials mourn five seminar participants killed in accident in Jordan
Two senior United Nations officials today expressed deep sadness over the deaths of five people, including two contractors for the UN Development Programme (UNDP) and three Iraqi officials, who were killed in a bus accident in Jordan yesterday.
Ban welcomes approval of new chief for UN's in-house watchdog
Secretary-General Ban Ki-moon today welcomed the General Assembly's approval of Carman Lapointe-Young of Canada as the new head of the United Nations internal watchdog office.
Ban says constructive criticism welcome as he reviews accusations in leaked UN memo
Secretary-General Ban Ki-moon today stressed the value of constructive criticism in the wake of a leaked report by a former senior staff member that attacks his leadership of the United Nations, while pledging to set the record straight on a number of inaccuracies in the document.
Kassam damages building in Negev - Jerusalem Post
Massive Flooding in Pakistan Kills More than 800 - Voice of America
Wildfires spread in western Russia, kill 28 - Reuters
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