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After two straight years of financial decline, McDermott, Will & Emery saw revenues and profits per equity partner bounce back in 2011. The improved performance also resulted in a special bonus to all staff members in January. The rebound came as firm partnership shrank to its smallest size in more than a decade.
Wolf Block has asked the Pennsylvania Supreme Court to decide if a case by a former partner seeking severance payments can be removed to confidential arbitration. An appellate panel found ex-partner Michael Budin never signed a partnership agreement mandating arbitration and can therefore have his day in court.
In a case that has returned twice in three years because of fresh case law from the U.S. Supreme Court, the 2nd Circuit keeps coming up with the same answer: A class action waiver provision in American Express contracts with merchants is unenforceable under the Federal Arbitration Act.
House Republicans demanded greater access Thursday to documents on the "Operation Fast and Furious" gun trafficking probe, accusing the Justice Department of hiding information that could embarrass the department. Attorney General Eric Holder Jr. fought back, telling critics the DOJ is not involved in a cover-up.
A federal district court judge in Manhattan has ordered Abu Dhabi Investment Authority to file public versions of court filings in the sovereign wealth fund's challenge to a confidential arbitration award in a multibillion-dollar dispute with Citigroup.
A federal appellate panel ruled on Thursday that a San Francisco judge abused his discretion by ordering the release of a video recording of the trial over California's Proposition 8, saying that he ignored a promise upon which supporters of the ban on gay marriage relied.
A new court filing suggests the Equal Employment Opportunity Commission and Kelley Drye & Warren may be on the verge of settling a two-year-old lawsuit over Kelley Drye's policy of forcing partners to give up their equity in the law firm at age 70.
As the New York Giants and New England Patriots prepare to square off for Super Bowl XLVI, here's a review of how much the NFL players' union spent on its lawyers and lobbyists from Dewey, Latham, Patton Boggs, and Weil in the run-up to last year's labor talks and lockout.
The next Citizens United may have nothing to do with campaign finance or the First Amendment. In a case the Supreme Court will hear this month, corporations argue that they have no liability under a 1789 statute for torts committed abroad in violation of international law or U.S. treaties.
David Tamman, a former Nixon Peabody securities partner who was fired while under investigation for allegedly falsifying documents as part of a Ponzi scheme, will have to go to trial in October, despite his attorney's pleas to expedite the proceedings so that Tamman, now a solo in L.A., can get back to work.
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