Photographer: Chris Ratcliffe/Bloomberg
Photographer: Chris Ratcliffe/Bloomberg

Wake Up Call: Associate Salary Raises Across the Pond

• The associate salary raises to $180,000 are hitting London. (Financial Times)

• What happens when a GC and CEO fall in love? One gets fired, in this case Fifth Third’s GC Heather Russell and several experts said there may be nothing illegal about that. (Big Law Business)

• After a hung jury last year, former Dewey chief financial officer Joel Sanders and former executive director Stephen DiCarmine will be retried on Jan. 23, 2017 for scheme to defraud, securities fraud under the Martin Act and conspiracy charges. This time around, prosecutors signaled they intend to call expert witnesses. (New York Law Journal)

• The Justice Department is open to settlement offers from Anthem Inc. to resolve an antitrust lawsuit seeking to block the insurer’s $48 billion takeover of rival Cigna Corp. (Big Law Business)

• “U.S. companies have been slow to sign on to a new international data-transfer agreement with the European Union for reasons that include uncertainty that the terms will survive legal tests in the EU.” (WSJ)

 

Legal Market

• Honeywell International is near a $3 billion deal including debt to purchase JDA, a software company that help with supply chain analysis. (WSJ)

• Lawyers at VMware Inc., Google Inc., and other large Silicon Valley companies are proponents of having in-house lawyers switch practice areas. (The Recorder)

• A run down of the dozen or so companies interested in buying Gawker. (NYT)

‘• Perspective: Women are gaining a seat at the table in Japan, writes Morrison & Foerster’s Tokyo-based Louise Stoupe. (Big Law Business)

•  Jeffrey Toobin, lawyer-turned-journalist, talks about his new book focused on the kidnapping of Patty Hearst, granddaughter of publishing magnate William Randolph Hearst, by the Symbionese Liberation Army in 1974. (Law.com)

• Donatella Arpaia Stewart, a New York restaurateur and Food Network personality, is being sued by her law firm for $27,000 in unpaid legal fees. (New York Post)

• Private law firms will be hired by London police to pursue criminal suspects for profit, under a new scheme to target cybercriminals and fraudsters. (The Guardian)

• Audio: Northwestern Law’s Andrea Matwyshyn and the Electronic Frontier Foundation’s David Greene discuss Twitter and a federal judge’s ruling it cannot be held responsible for the Islamic State’s use of its network to spread propaganda. (Big Law Business)

• In between representing corporate clients in employment litigation, Gray Robinson’s Miami-based Anastasia Protopapadakis has been chronicling her world travel on her blog, “Where To Next.” (Daily Business Review)

 

Laterals

• The Federal Reserve Bank of New York on Friday promoted Michael Held from deputy general counsel to general counsel and head of its legal group, beginning Aug. 15. (Corporate Counsel)

• Lauren Ezrol Klein was promoted to executive vice president and general counsel at Time Inc. and several other moves. (Big Law Business)

• Robert Cordy, who spent the past 15 years as an associate justice on the Massachusetts Supreme Judicial Court, is returning to McDermott, Will & Emergy as a litigation partner in Boston — where he was once the firm’s managing partner. (Am Law Daily)

 

Scotus, Appellate Courts and Other Decisions

• The U.S. Court of Appeals for the Armed Forces rejected Marine Lance Corporal Monifa Sterling’s claim of religious discrimination when she disobeyed orders to remove Bible-inspired verse from her shared workstation,  but her attorney Paul Clement said he will petition the U.S. Supreme Court to rule on the case. (National Law Journal)

• “A federal appeals court on Friday temporarily blocked a congressional subpoena compelling the web classifieds company Backpage.com and its chief executive to provide information to a U.S. Senate committee investigating sex trafficking on the internet.” (National Law Journal)

• “A federal appeals court panel on Friday upheld the federal government’s seizure of more than $75 million in overseas assets from the founders of Megaupload Ltd., a now-defunct file-sharing site accused of massive copyright infringement.” (National Law Journal)

• A federal judge in the Northern District of California ruled Merck & Co. must pay fees for Gilead Science’s attorneys at Fish & Richardson. They are seeking $15.5 million in “exceptional case” fees under Section 285 of the Patent Act, even though it didn’t bill that much. (The Recorder)

 

Technology

• A report out Friday from the World Economic Forum “predicts that the underlying technology introduced by the virtual currency Bitcoin will come to occupy a central place in the global financial system.” (Dealbook/NYT)

• One sign that GCs are gaining more responsibility is the increasing number that now handle compliance and risk, as evidenced by acquisitions in the legal technology market. (Big Law Business)

• “Business software provider Workday Inc. on Monday expects to announce a seven-year deal to use International Business Machine Corp.’s cloud-computing services for some internal operations.” (WSJ)

• The head of Google’s Brain team is more worried about the lack of diversity in artificial intelligence development than an apocalypse. (Recode)

• The law firm FisherBroyles LLP, which bills itself as the nation’s first cloud-based law firm, is expanding in Michigan. (Crain’s Chicago)

 

Miscellaneous

• A law firm of human rights lawyers that is accused of filing false war crime claims against British troops is closing its doors. (The Sun)

Compiled by Gabe Friedman and Casey Sullivan.

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