In The News

$900,000 In Attorney’s Fees/Costs And $330,000 In Statutory Damages Awarded In California When Base Dispute Was Over Around $300,000 In Licensing Fees.             This post shows that it pays to pay one’s owed licensing fees when there is a fee-shifting section under a statute (in this case, the Copyright Act) or under a licensing agreement […]

Objections To Report Recently Filed, Although Special Master Disturbed About What He Found.             A plaintiff class action in Arkansas Teachers Retirement System v. State Street Bank, No. 11-cv-10230 MLW et al. (D. Mass.) accused State Street of overcharging customers in certain foreign exchange transactions. A $300 million settlement was reached, and U.S. District Judge

Class Counsel Had Asked For $284.4 Million In Requested Fees, With Court Granting $186.5 Million In Fees, Plus Being Able To Add Actual Payments To Foreign Attorneys In Supplemental Expense Request.             In In re Petrobras Sec. Litig., No. 14-cv-9662-JSR (S.D.N.Y. June 25, 2018) (Doc. No. 834), U.S. District Judge Jed S. Rakoff granted final

Los Angeles County Superior Court Judge Confirms Arbitration Award In Law Firm’s Favor, An Award Finding No Professional Standard Of Care Violations By Law Firm.             Recently, Los Angeles-based Glaser Weil, who formerly represented American Apparel founder Dov Charney in litigation, won the granting of an unopposed petition to confirm an arbitration award in which

Substantial Number Of Firms Say Pricing Is Key Client Concern, With Nearly 80% Believing That Non-Hourly Billing Is A Permanent Trend.             Altman Weil, in its survey entitled “2018 Law Firms in Transition,” has some interesting statistics showing that law increasingly is a more volatile marketplace than in past years. Conducted in March – April

Fees Might Have Been Over $99,000 Sans The Settlement, With Federal Court Earlier Finding The Ban Violated The Equal Protection Clause Of The Fourteenth Amendment.           According to a column by Betsy Z. Russell which can be found at a May 18, 2018 post on the Idaho Press-Tribune’s website, Idaho’s top officials approved a $75,000 payout

Nine Law Firms Involved In Handling Matters Relating To The Incident, But Settlement Recently Reached.             Recent news articles report that Michigan State University’s legal costs relating to the Larry Nassar scandal—involving gymnasts—now top more $11.3 million, although this figure likely is higher because it did not capture bills for some months in 2018 which

Demand And Revenue Is Also Up.             Citi Private Bank Law Firm Group's Q1 2018 Quarterly Flash Report, which provides an overview of current financial trends in the legal industry, based on data collected through our Quarterly Flash survey of 179 law firms (80 Am Law 100 firms, 47 Second Hundred firms and 52 niche/boutique