Law Firms

Federal prosecutors here have charged a retired Palm Springs, Calif., lawyer with taking kickbacks from a prominent New York law firm in exchange for serving as plaintiff in dozens of class-action and shareholder lawsuits that earned the firm $44 million over 20 years.

Federal prosecutors here have charged a retired Palm Springs, Calif., lawyer with taking kickbacks from a prominent New York law firm in exchange for serving as plaintiff in dozens of class-action and shareholder lawsuits that earned the firm $44 million over 20 years. The indictment against 78-year-old Seymour M. Lazar, unsealed Thursday, stems from a […]

Federal prosecutors here have charged a retired Palm Springs, Calif., lawyer with taking kickbacks from a prominent New York law firm in exchange for serving as plaintiff in dozens of class-action and shareholder lawsuits that earned the firm $44 million over 20 years. Read More »

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller.

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller. Mark Lanier, who represents the widow of a Texas man

Merck & Co. should have told doctors and consumers “the good, the bad and the ugly” about Vioxx long before pulling it from the market last year, a plaintiff’s attorney said Wednesday in closing arguments in the nation’s first civil trial involving the once-popular painkiller. Read More »

Vioxx-maker Merck is looking to settle a number of lawsuits over the drug, despite last week’s statement that they would fight each of the almost 5000 suits, including class action lawsuits.

ET Merck & Co. will consider settling a limited number of lawsuits over its withdrawn painkiller Vioxx, a spokesman said Friday. The drug’s link to heart attacks and strokes has spawned thousands of lawsuits and a $253 million jury verdict in Texas. As recently as Wednesday, company lawyers were still saying they planned to fight

Vioxx-maker Merck is looking to settle a number of lawsuits over the drug, despite last week’s statement that they would fight each of the almost 5000 suits, including class action lawsuits. Read More »

At his confirmation hearings this week, Judge John G. Roberts Jr. will be asked to respond to questions about documents he wrote as a young government lawyer.

At his confirmation hearings this week, Judge John G. Roberts Jr. will be asked to respond to questions about documents he wrote as a young government lawyer. The questions are sure to be sharp, but at least he can take solace in the fact that his mentor, and the man whom he seeks to replace,

At his confirmation hearings this week, Judge John G. Roberts Jr. will be asked to respond to questions about documents he wrote as a young government lawyer. Read More »

Technology and communications companies rank third on the list of U.S. and U.K. industries with the most litigation, according a new survey of manufacturing companies.

Technology and communications companies rank third on the list of U.S. and U.K. industries with the most litigation, according a new survey of manufacturing companies. The survey by the law firm Fulbright & Jaworski, a leading intellectual-property litigator based in New York and Houston, found that the average U.S. manufacturer currently faces 40 lawsuits. Of

Technology and communications companies rank third on the list of U.S. and U.K. industries with the most litigation, according a new survey of manufacturing companies. Read More »

The federal grand jury investigating the leak of a CIA officer’s identity met for three hours Wednesday with Special Counsel Patrick Fitzgerald and his deputies, adjourning for the day without announcing any action.

The federal grand jury investigating the leak of a CIA officer’s identity met for three hours Wednesday with Special Counsel Patrick Fitzgerald and his deputies, adjourning for the day without announcing any action. Fitzgerald is known to be putting the finishing touches on a two-year criminal probe that has ensnared President Bush’s top political adviser

The federal grand jury investigating the leak of a CIA officer’s identity met for three hours Wednesday with Special Counsel Patrick Fitzgerald and his deputies, adjourning for the day without announcing any action. Read More »

Exxon Mobile Corp.’s appeal of a $5 billion judgment Alaska jurors levied as punishment for the 1989 Valdez oil spill was headed back to a federal appeals court Friday.

Exxon Mobil’s appeal of a $5 billion judgment Alaska jurors levied as punishment for the 1989 Valdez oil spill was heading back to a federal appeals court today. The case, one of America’s longest-running civil disputes, stems from a 1994 decision by an Anchorage jury to award the punitive damages to 34,000 fishermen and other

Exxon Mobile Corp.’s appeal of a $5 billion judgment Alaska jurors levied as punishment for the 1989 Valdez oil spill was headed back to a federal appeals court Friday. Read More »

Shearman + Sterling’s a powerhouse law firm with its banking, M&A and corporate work. But there’s trouble at mill. Partners are leaving. Could it be its below-par profits-per-partner figures?

Shearman

Rohan Weerasinghe, head of the Wall Street law firm of Shearman & Sterling, received unwelcome news this month. Five partners, including the asset-management group chief, jumped to a New York rival. The turn of events was not entirely unfamiliar. Some partners were already heading for the exits when Weerasinghe became the head of Shearman in

Shearman + Sterling’s a powerhouse law firm with its banking, M&A and corporate work. But there’s trouble at mill. Partners are leaving. Could it be its below-par profits-per-partner figures? Read More »

Milberg Weiss is known for its shareholder suits. Now the 220-lawyer firm is considering a split. Is it money? Ego? Strategic differences?

Milberg Weiss bills itself as the largest contingent-fee plaintiff-side firm involved in securities suits, and it has negotiated well-known settlements for hundreds of millions of dollars with companies including Rite Aid, 3Com, MicroStrategy and Sunbeam. The 35-year-old firm currently represents the lead plaintiff in shareholder suits against Enron and Dynegy. Senior partners on both coasts

Milberg Weiss is known for its shareholder suits. Now the 220-lawyer firm is considering a split. Is it money? Ego? Strategic differences? Read More »

It was to be the largest West Coast tie-up in US history, but the merger bid between California giants Orrick Herrington and Cooley Godward has collapsed. The problem? “Ego and politics”.

The talks broke off July 24 with management at both firms claiming the split was reached by mutual agreement, despite earlier reports that a merger deal could have been finalised by the end of July. Commenting on the split, one senior Orricks partner said “There are always people and egos and politics in these things,

It was to be the largest West Coast tie-up in US history, but the merger bid between California giants Orrick Herrington and Cooley Godward has collapsed. The problem? “Ego and politics”. Read More »

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