Legal Industry News Articles and Law Blog

Generics Drug Manufacturer to Pay $500 Million as Part of Largest Drug Safety Settlement to Date with Feds

May 16, 2013

In the largest drug safety settlement to date with a generic drug manufacturer, Ranbaxy USA Inc. , a subsidiary of Indian generic pharmaceutical manufacturer Ranbaxy Laboratories Limited, has pleaded guilty to felony charges relating to the manufacture and distribution of certain adulterated drugs made at two of Ranbaxy’s manufacturing facilities in India, according to the Justice Department. More...

The American Lawyer Reports 2012 Growth of Am Law 100 Firms Modest, Spotty

May 15, 2013

The nation’s 100 largest law firms achieved modest cumulative growth in 2012, gaining 3.4% in total gross revenue over the prior year to $73.4 billion, 2.6% in average revenue per lawyer to $844,245, and 4.2% in average profits per partner to $1.47 million, according to the 26th annual Am Law 100 report published in the May issue of ALM’s The American Lawyer and at AmericanLawyer.com. More...

California State Bar Releases Annual Discipline Report

May 14, 2013

The State Bar of California has released its Annual Discipline report showing improvement in the time required to investigate, prosecute and adjudicate complaints against attorneys. More...

Use of Alternative Fee Arrangements to Pay for Legal Services Heats Up in U.S.

May 13, 2013

ALM Legal Intelligence, which offers detailed business information and market data for and about the legal industry, has released a new report that shows an acceleration last year in the use of alternative fee arrangements (AFAs) to determine how much corporate clients pay their outside law firms. More...

Fake Lawyer Charged with Defrauding Unsuspecting Clients and Judges, Stole Tens of Thousands of Dollars in Legal Fees, Says NY Attorney General

May 10, 2013

New York Attorney General Eric T. Schneiderman has filed charges against Michael Schorr for allegedly conning judges and unsuspecting clients by passing himself off as a licensed attorney. More...

Nearly a Quarter of Americans Have Never Checked Their Credit Report, Says New FindLaw.com Survey

May 7, 2013

Despite its importance in everything from obtaining a credit card or mortgage to employment background checks, nearly a quarter of Americans have never checked their credit report, according to a new survey by FindLaw.com, the a popular legal information website. More...

PwC US Sees Robust Deals Outlook for Entertainment, Media & Communications Industry in 2013

May 1, 2013

Entertainment, media and communications (EMC) sector deal activity is expected to remain active in 2013 as market players further invest to keep up with consumer demand for more bandwidth amid increasing content consumption, according to PwC’s 2013 U.S. Deal Insights for the Entertainment, Media & Communications Industries released last week. More...

New Report Finds California Lags in Fracking Regulations

April 26, 2013

A new report on hydraulic fracturing (“fracking”) in California warns of the risks of irreversible contamination of surface and groundwater near oil drilling sites, unless the technique is carefully monitored and controlled. More...

Settlement Reached in Planned $20.1 Billion Merger of Beer Giants Anheuser-Busch InBev and Grupo Modelo

April 22, 2013

The Department of Justice has reached a settlement with Anheuser-Busch InBev SA/NV (ABI) and Grupo Modelo S.A.B. de C.V. that requires the companies to divest Modelo’s entire U.S. business – including licenses of Modelo brand beers, its most advanced brewery, Piedras Negras, its interest in Crown Imports LLC and other assets – to Constellation Brands Inc., in order to go forward with their merger. More...

Facebook Etiquette at Work: Sharing Personal Info, Opinions Pose Career-Risks

April 18, 2013

Employees who share personal information and opinions on Facebook are in danger of risking job security and jeopardizing workplace relationships, according to a recently released survey conducted by Fierce, Inc. leadership development and training experts. More...