Increases Followed From Prior Yearly 2% and 1% Cutbacks. As reported in the January 19-25, 2014 issue of the Orange County Business Journal, Orange County’s largest law firms increased their workforces by 3.2% overall in 2014, reversing prior yearly cutbacks in past years of 2% and 1%, respectively. Also, this edition has […]
Seventh Circuit Disagrees That Bankruptcy Judge Lacked Jurisdiction To Decide Fee Entitlement Issue. In Sweports, Ltd. v. Much Shelist, Case No. 12-14254 (7th Cir. Jan. 9, 2015), bankruptcy counsel and a financial advisor to the Official Committee of Unsecured Creditors (“claimants”) in a Chapter 11 proceeding filed to recover fees of at least
Year-End Bonuses See Some Dramatic Rises For 2014. As reported in the December 20, 2014 issue of The Economist, starting salaries for first year associates at large American law firms has been stuck at $160,000/year since 2007. However, in the waning months of 2014, year-end bonuses have dramatically risen for associate attorneys—despite being
U.S. District Judge Pauley III Has Provided Some Guidance on FLSA Fee Awards. FLSA litigation has been proliferating, constituting 9% of the filings for the 2014 S.D.N.Y. federal civil docket and paralleling a 400% increase in nationwide filings since 2001. U.S. District Judge William Pauley III, in Fujiwara v. Sushi Yasuda, No. 12cv8742
$8 Million Is Total Billing Tab To Date. As reported by a recent article in the Salt Lake Tribune, United Effort Plan (UEP), a polygamous trust now controlled by the State of Utah (owning property in Utah, Arizona, and British Columbia), has been spending about $100,000 a month in attorney’s fees for attorneys
Neurovision/NuVasive Trademark Infringement Action. U.S. District Judge Dale Fischer (C.D. Cal.) recently denied Neutrovision Medical Products’ request for attorney’s fees against NuVasive, Inc. under the trademark “exceptional” circumstance Lanham Act fee-shifting statute. Neutrovision won a $300 million verdict infringement verdict, but District Judge Fischer believed NuVasive had potentially meritorious defenses and would not
Co-contributor Mike’s father-in-law Tom Basehart has provided his stash of news articles with tidbits of interest for our readers. Here is a synopsis of the articles he pulled, with some interesting trends—some in line with an improving economy and another not so much with respect to in-house corporate legal business. Three Elite New
Circuit Judge Posner Disturbed With Valuation, Reversion (“Kicker”) Clauses, And Convoluted Claim Forms. Circuit Judge Posner, on behalf of a 3-0 panel, authored an opinion in Pearson v. NBTY, Inc., Nos. 14-1198 et seq. (7th Cir. Nov. 19, 2014) in which a class action fee award was scuttled because it was too high—finding
VoxerNet Fee Recovery. On November 6, 2014, a California federal district judge awarded VoxerNet, an application development start-up company, $820,000 in attorney’s fees for prevailing in a voice mail patent infringement suit against it. The U.S. Supreme Court’s Octane/Highmark cases led to this ruling, with this precedential duology seeming to be used more
Stockton’s Bankruptcy Tab. Recently, a federal bankruptcy court has approved Stockton’s exit from bankruptcy in a Chapter 9 case. After about two years of work, the bankruptcy attorney tab for the Stockton bankruptcy has been reported to be around $14 million. Littler Mendelson’s Fee Motion Is Deficient, With The Firm Having to Pay
