Big Law

Big Law (261)

Shearman & Sterling Changes Compensation Scheme

English: Dollar Sign ($) created with the Nimb...

Shearman & Sterling is beginning to experience the full consequences of cutting its top earners’ pay and dedicating more of its bonus pool to merit-based compensation awards, Reuters reports.

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Is U.S. Looking at a ‘New Kind of Separate But Equal?

English: The Supreme Court of the United State...

The U.S. could be staring “a new kind of separate but equal” in the face as the Supreme Court is set to take on a Michigan-based affirmative action case and prepares to hand down a Texas-based decision also dealing with the controversial practice. So says attorney George Washington.

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NYU Battle Over Park Space Heats Up

NYU Battle Over Park Space

 

The battle between NYU and WSV Green Neighbors has entered a new phase. The group members say New York University is infringing on rights they guaranteed in rent stabilization law, which they claim guarantees them exclusive access to park space. The school announced plans to build two new buildings near the Washington Square Village Park, eliminating part of it, as well as increasing public access to other recreational areas WSV Green Neighbors say is exclusive.

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Billable Hours System Draws Fire After Lawyer’s Embarrassing Email

A DLA Piper associate’s e-mail stating “that bill shall know no limits,” which surfaced in the course of discovery after the firm sued a client for failing to pay a large bill, has drawn attention to flaws in the billable hour system that law firms use to determine the fees owed by most of their clients.

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Judges Questions Sharp in Fracking Ban Case

English: A photograph of the the New York Stat...

 

Contributor Dan Sabbatino provides an update on the third municipality to win a local fracking ban challenge in lower-level court.

Counsel from both sides of an appellate-level hydrofracking case gave credit to a four-judge panel for asking well reasons questions, having a solid understanding of a weighty science-based issue and showing a genuine interest in the topic.

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'Fracking' Legal Fights in Spotlight

New York State Department of Environmental Con...

Horizontal, high-volume, hydraulic fracturing is becoming the backdrop for a myriad of legal battles encompassing a number of environmental statutes.

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Will the SHIELD Act Deter Patent Trolls?

It’s taken over 60 years, but change has finally come to American patent law. While the effects of new legislation governing patents is unclear, what is certain is that the landscape for that burgeoning area of law is about to be transformed in several ways. Read more...

2012 Brought Trio of Billion-Dollar Patent Verdicts

US Patent X1 - Coat of Arms

There were three billion-dollar-plus verdicts in patent cases in 2012, compared to only one patent-case verdict of more than a billion dollars in each of three prior years.

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Law Firms See Single-Digit Profit Growth in 2012

Revenue Growth

Data from 179 large law firms revealed an average profit growth of 4.3% and 3.6% last year, according to a report card from Citi Private Bank.

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