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Law.com - Newswire
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The day's top legal stories accompanied with summaries.
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Risky business
The financial services industry and more than a dozen top law firms that represent the industry are expressing concern that reaction to JPMorgan's recent $2 billion loss could sour months of expensive lobbying work on Capitol Hill and before key regulatory agencies. Nowhere is this tension more apparent than in the push and pull over the pending multiagency Volcker Rule, which proponents say could rein in the activity that led to the company's massive trading loss.
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Did End of Missouri Malpractice Case Feed Dewey's Money Woes?
The abrupt dismissal of a $3 billion malpractice case came amid concerns about Dewey's finances and a stream of partner departures, but it's hard to know whether resolving it added to the fiscal woes that overtook Dewey. That's because the settlement's terms, and details about how much the firm agreed to pay out, are shrouded in secrecy.Also see: Dewey: Profiles in Something
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New Law Takes Canadian Spam Off the Marketing Menu
If you think your company doesn't send spam, you may want to double-check. A Canadian anti-spam law with global reach is poised to cast a wide net for offending communications. Given the hefty fines and class action potential, the new law is sure to prompt tough conversations between in-house counsel and company marketing departments.
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As Facebook Goes Public, Privacy Lawyers Chase Its Billions
Facebook may rake in more than $18 billion in its initial public offering. And plaintiffs lawyers are already vying for a big chunk of the proceeds: Plaintiffs in a proposed privacy class action have filed an amended complaint demanding $15 billion in damages and injunctive relief.
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Justice's Disclosure Highlights Medical Marijuana Debate
New York lawmakers battling to legalize the medicinal use of cannabis are lauding an op-ed column by Brooklyn Supreme Court Justice Gustin Reichbach in which he admitted smoking marijuana to cope with the effects of cancer. But Reichbach's civil disobedience could be construed as disrespect for the law he is pledged to support.
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Pacenti's rant: Law firm layoffs
It's not easy being a lawyer these days. And even harder being part of the law firm's support staff as law firms are cutting back on those positions. John Pacenti asks "Is this more about management or greed?"
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How the Firms Reacted to the First Am Law 100
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Telling The American Lawyer's Creation Story
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Recorder Roundtable: Outstanding Trial Work
Four judges talk about the do's and don'ts of trial practice as observed from the bench.
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Fair use limits set in Ga. State digital copying decision
An Atlanta federal judge has set the standard for when schools can give their students access to excerpts of copyrighted works without paying licensing fees -- although her approach may be revisited in a potential appeal by publishers who had challenged practices at Georgia State University.
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Judge Allows EEOC Disability Discrimination Suit to Move Forward
A federal judge in Illinois has handed the U.S. Equal Employment Opportunity Commission a much-needed win, ruling that a disability discrimination suit may go forward even though the agency did not individually investigate and attempt to settle every class member's claim before filing suit.
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Justices Suspend Orie Melvin in Wake of Charges
Pennsylvania Supreme Court Justice Joan Orie Melvin was suspended by her fellow justices Friday immediately after being charged with nine criminal counts, including some felony counts, alleging she used legislative and judicial staff to perform campaign work. The charges represent the largest crisis for the state court since a 1994 impeachment.
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