A number of attorneys lately have been attracted to Reed Smith's aggressive strides in profitability and global geography. The firm's profits per partner have surpassed $1 million since 2006, and its latest revenue per lawyer was $690,000. "Now, compared to five years ago, we're in a position to compete," says L.A. managing partner Peter Kennedy. And competing they are. In the past year, the 1,600-lawyer firm has gone on a hiring spree, adding 11 lateral partners in Los Angeles and 18 overall in California.
While most law firms offer some form of maternity leave, few guarantee jobs for more than one year. Women who want to take off more than a year often sacrifice whatever job security they have to do so. And when they want to return, they face a host of formidable challenges, such as being intimidated by technological advances and being older than their peers. However, consultants and attorneys have advice for women looking to re-enter the legal world, like keeping in touch with your previous firm.
After 11 trial days, the first thing jurors talked about when they could discuss the price-fixing case before them was the government's star witness, the forewoman said Thursday. And she was blunt about their assessment of Micron executive Michael Sadler, who testified in the high-stakes antitrust prosecution against his Hynix counterpart, defendant Gary Swanson: "Mr. Sadler, we all felt, was a lying sack of shit." One juror held out for the prosecution, and the case against Swanson ended in a mistrial.
The legend of Richard Scruggs, as commonly told, generally omits a key fact: Scruggs' reputation as a giant killer of the plaintiffs bar is outdated. Even before his indictment for allegedly trying to bribe a judge, his career was in decline. In the 10 years since a $248 billion settlement with tobacco companies, Scruggs has taken on a series of quixotic cases. These matters were much ballyhooed, but in the end they shared two things: big enemies and bad results.
Lawyers sanctioned for their roles in the Qualcomm discovery debacle have maintained that they would be exonerated if allowed to break attorney-client privilege and tell their side of the story. Now they'll get their chance. In a Wednesday order lifting the sanctions, a federal judge wrote that six lawyers from Day Casebeer Madrid & Batchelder and Heller Ehrman should be allowed to defend their conduct in the failure to turn over key e-mails in a patent fight between Qualcomm and Broadcom.
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