In the first major punitive damages award since the U.S. Supreme Court placed new limits on punitive damages last February, a Los Angeles jury ordered DaimlerChrysler to pay $5.2 million in compensatory damages and $50 million in punitives to a ...
Read More »Survey touts law firms for ‘women-friendly’ work policies
A recent list touting law firms for progressive “women-friendly” work policies has garnered an equal measure of praise and criticism. In-House assesses the current state of affairs by taking a look at some success stories and hearing from experts who question much progess law firms have made.
Read More »New SOX audit rule expected to help smaller companies
It may not be all that smaller companies were hoping for, but new rules issued by the Securities and Exchange Commission are expected to lower the costs of complying with Sarbanes Oxley’s dreaded auditing requirements.
Read More »RICO judgment against workers could chill comp claims
A company determined to stamp out allegedly bogus workers’ compensation claims recently won a $2.3 million default judgment against 86 former employees and their attorneys after suing them for violating federal racketeering laws. After being laid off due to a ...
Read More »SEC may permit arbitration of shareholder disputes
Corporations may be allowed to amend their bylaws to permit arbitration of shareholder disputes – a move that could diminish costly shareholder class actions.
Read More »Crackdown on bribery
Last fall, the Department of Justice announced its renewed commitment to enforcing the Foreign Corrupt Practices Act. And they meant it.
Read More »New rules would ease SOX auditing burden
New proposed guidelines from federal securities regulators should ease the costs and burdens of complying with the auditing requirements under Sarbanes-Oxley. The new guidelines recently issued by the Securities and Exchange Commission focus on the integrity of corporate managers and the most risky aspects of a company’s financial reports.
Read More »Budget Busters
Making outside counsel submit budgets at the outset of handling a matter is gaining traction around the country. Those that have been through the process share their insights.
Read More »Sending Legal Work Offshore Can Slash Costs
TelaDoc had a problem. The Dallas start-up company was facing a tremendous number of legal issues in getting its business going – a national network of physicians for telephone consultations in the evenings and on weekends for people who cannot ...
Read More »Religious Discrimination Claims on the Rise
The number of religious discrimination claims filed with the Equal Employment Opportunity Commission continues to increase. Since 2001, the number of claims filed with the federal agency has jumped 16 percent -totaling 2,466 in 2004. Lawyers are also seeing more ...
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