India has fraud, too: Indian Outsourcing Chief Admits Huge Accounting Fraud
Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, significantly inflated its earnings and assets for years, the chairman and co-founder
Continue readingLegal market in North Carolina continues to grow
This will be the first in what we plan to be a series of briefs on legal markets throughout the country but those markets viewed from the perspective of contract attorneys. As we discussed in our
Continue readingCravath’s Presiding Partner Says “Time to Kill the Billable Hour”
As we have reported in various articles on our web site, we have seen a changing legal landscape this past year. One of the major discussion points has been on law firm billing practices and the
Continue readingE-Discovery Primer: Finding Your Way Through Discovery by Data Mapping
As contract attorneys find e-discovery becoming more sophisticated (and more complex) we find we are fielding more and more questions about it. We usually refer our members to the best sources we know:
Continue readingBanks May Lose $51 Million in Heller Bankruptcy Dispute
From: The Recorder, January 6, 2009 A “clerical error” could cost Bank of America and Citibank $51 million if Heller Ehrman has its way in bankruptcy court. Bank of America, acting for itself
Continue readingIP Marketplace Still Sizzles
From: The Recorder, January 5, 2009 Big tech companies haven’t stopped patenting their inventions, but more than ever they’re also buying others’ patents as a weapon in intellectual property
Continue readingBankruptcy the name of the game in 2009
Bankruptcy litigation news seems to dominate the legal media in the early days of 2009. The Madoff case involves clawback issues, false trades, etc. For some good background stories click here, and
Continue readingA Happy New Year to All
We made a pledge to ourselves that we would not end the year in a depressed state of mind. But it has been hard. We have ended the year in what seems to us to be a concatenation of events — a
Continue readingClifford Chance Eyeing Indian Nuptials
From: The American Lawyer The Economic Times of India reports that Clifford Chance is in tie-up talks with Indian firm AZB & Partners — a union that would involve client referrals, consultation,
Continue readingE-Discovery: Aspects of U.S. and European cross-border litigation
There has been a spate of blog posts this week concerning the aspects of electronic discovery when U.S. litigation crosses borders into the European Union — an entity with strong privacy laws. The
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