As more and more commercial clients move their legal teams in-house, competition among law firms continues to grow. With the legal industry still feeling negative impacts from the financial crisis, a considerable number of law firms have been pooling expertise and gaining market share through mergers and acquisitions.
Sometimes, the simplest of errors can be the most costly. Such was the case with a large syndicated secured loan made to General Motors Co. Due to a simple filing error, what the lender and borrower had always intended to be a secured loan will now be treated as a general unsecured claim.
Whether or not your clients have suffered a data breach, cybersecurity is undoubtedly a critical concern. Many of your clients are actively searching for and plugging any gaps in their security. And if your clients haven't done so already, they're also going to focus their attention on what could potentially be an Achilles Heel for them ' their law firms.
In a time of increasing regulatory risk, global complexity and shareholder activism, the role of the corporate general counsel in the boardroom has never been more important. Yet, companies have been slow to recruit general counsels or seasoned attorneys to serve as independent directors.
Supreme Court: Findings on Likelihood of Confusion by TTAB
Federal Circuit: Actual Delay Not Required For Reducing Patent Term Adjustment
Federal Circuit: No Lost Profits for Related Unpatented Products
The NLRB general counsel's July 29, 2014, ruling that McDonald's is a joint employer of those who work for its roughly 14,000 franchised restaurants in the United States continues to send ripples through both the legal and business worlds.
Bankrupt Festival Organizer Can Recover Buyout Payment It Made to Co-Founder
U.S. Magistrate Judge Laurel Beeler said she didn't want February's hearing in a privacy suit against Hulu LLC to feel like 'a wake.' But the Northern District of California judge put the case on life support, at the very least, indicating that she's leaning toward knocking out the remaining claims in a 2011 suit under the Video Privacy Protection Act.
A federal judge has ordered a litigious adult website to pay $5.6 million in attorney fees and costs under the Copyright Act, saying its motives for suing Giganews Inc. and Livewire Services Inc. had more to do with creating a tax write-off for its owner than with protecting its copyrights.
If there really is a'death squad for patents, it may not be found at the Patent Trial and Appeal Board. A more likely location is the Plano, TX, office of David O'Dell, chairman of Haynes and Boone's patent trials practice group.
