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Getting the most from your outside counsel

Getting the most from your outside counsel can make a big difference to your budget, as well as your effectiveness and success as a key member of your company’s legal staff and as an advisor to the business operations. If ...

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Batting $1,000

With outside counsel fees starting to break the $1,000 per-hour barrier, in-house attorneys need to reevaluate how to get the best value from their outside counsel. The billing issue hit the radar in the middle of last year, when the first Manhattan firms announced hourly rate increases, and the Wall Street Journal called the $1,000 number the possible “vomit point” for clients.

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Plaintiffs’ bar challenges class action arbitration bans

The plaintiffs’ bar is increasingly resisting corporate efforts to avoid class action arbitrations. Banks, credit companies and employers have been specifically exempting class actions from arbitration agreements. This move followed a 2003 U.S. Supreme Court ruling that opened the doors ...

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Value proposition

Cutting-edge law departments are sharpening their performance and boosting shareholder value by focusing on managerial skills. These days, being better lawyers is only part of the equation.

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Reporting In

This is a busy issue containing lots of informative content for our readers. We have a report on oral arguments in pending U.S. Supreme Court cases of interest to in-house counsel. We have a report on notable jury verdicts from ...

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Newsmakers

New Associations Gerald M. Haines II recently joined Verenium Corporation in Cambridge, Mass. as executive vice president and chief legal officer. Verenium develops and markets cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for ...

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ERISA plans target tort claims

Buoyed by a U.S. Supreme Court ruling last year, employer health plans are aggressively attempting to recoup money from beneficiaries who receive third-party payments. In May 2006, the Supreme Court ruled in a case involving a Maryland couple that a ...

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New SEC rule curtails shareholder proxy access

With the 2008 proxy season approaching, companies and their shareholders are keeping a close watch on how a new rule on proxy access adopted by the Securities and Exchange Commission will play out.

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