Chipmakers Hire Armies of Lawyers to Boost Revenue Amid Slump
From: Bloomberg, December 22, 2008 Chip companies are turning to armies of patent lawyers to bolster revenue amid the worst market for semiconductors since 2001. Qimonda AG, LSI Corp and Spansion Inc. are
Continue readingWill Tough Economy Push Companies to Outsource Legal Work?
From: Corporate Counsel, December 22, 2008 Martin Shively directs the worldwide IP operations of Microsoft Corp. But he doesn’t commute to the company’s campus in Redmond, Wash., every day.
Continue readingMeanwhile, the Credit Crisis Litigation Wave Churns On
It seems as if the plaintiffs’ lawyers have kicked it into high gear as the year end approaches. There has been a flood of new securities lawsuit filings so far in December. Posse List members
Continue readingEditorial: The Siemens case — our analysis
We have read the public comments by Peter Löscher (the press releases, the choreographed interviews) of “Siemens endorses clean business” and we agree they were a tremendous help to their
Continue readingIndia: the real cost savings
There is an article out this morning via ALB Legal News, a news site out of Australia that we monitor, that covers the legal markets in Australia, Hong Kong, Singapore, China, along with parts of Japan,
Continue readingTreasury Hires Thacher, Proffitt & Wood, LLP under bailout program
The U.S. Treasury Department today announced that Thacher, Proffitt & Wood, LLP will assist the Department with its investments in the Federal Reserve’s Term Asset Backed Securities Loan Facility
Continue readingFDIC to hire 500 new staff
FDIC is going to hire 500 new staff. Most slots will be bank examiner jobs. But those jobs pay quite well if you have a few years of experience. For details click here. Information on the job postings
Continue readingFederal Bankruptcy Filings Surge by 30 Percent; Business Filings Up by 49%
From: The National Law Journal, December 16, 2008 The total federal bankruptcy filings jumped up by 30 percent for the 12-month period ending Sept. 30, with business filings climbing by 49 percent in the
Continue readingPrimer: How “direct hire” works
Several years ago a number of firms (Covington and Crowell are only two examples) started to change the way they used staffing agencies for projects. They took the temporary attorneys onto their payroll
Continue readingSiemens to Pay $1.34 Billion in Fines
Siemens, the German engineering giant, agreed Monday to pay a record total of $1.6 billion to American and European authorities to settle charges that it routinely used bribes and slush funds to secure
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