Updated March 20, 2010 from our original March 13, 2010 post Last week saw the release of the 2,200-page report by Anton Valukas on the Lehman Brothers collapse.  Valukas was appointed examiner by the U.S. Bankruptcy Trustee probing the reasons for Lehman’s failure in September 2008. Note: Examiners in bankruptcy cases are appointed to investigate accusations of [...]

There is a good article in today’s National Law Journal about the positioning going on by plaintiffs lawyers in the mounting litigation arising from the “sudden unintended acceleration”  problems in vehicles manufactured by Toyota.  For the full article click here.   As we have reported, Toyota has since announced a plan to fix the problems. In the [...]

We all know about the paradigm shift in the legal industry.  It has been well chronicled by Richard Susskind,  Jordon Furlong, Ron Friedmann and many others.  The legal industry melt down, the deep and rapid technological advances (of the disruptive kind), our relentless connectivity and burgeoning electronic legal marketplace — all have led to major threats to various aspects [...]

The prospects for an accelerating global economic recovery were supported on Wednesday as Adecco, Swiss-based and the world’s largest temporary staffing group, said employment trends had been improving in recent weeks.  Adecco’s legal division includes contract attorney staffing agencies Ajilon Legal and Special Counsel, the latter of which it acquired through its acquisition of the MPS Group last year. [...]

  As we reported yesterday (along with 8 gazillion other media reports) ABC News had reported a few weeks ago that a former Toyota product liability lawyer had accused Toyota of hiding information in product liability suits.  The House Oversight Committee subpoenaed his documents and found that they showed Toyota hid internal data recording Toyota testing [...]

  As reported today in Corporate Counsel magazine, anti-corruption enforcement is bulking up (click here for article).    Mark Mendelsohn, deputy chief of the DOJ fraud section’s criminal division, said his section “may grow as much as 50 percent in size in the next year or two.”  At the same time, he added, he expects companies to [...]

As more and more attorneys, law firms, corporations and vendors join the Posse List and exisiting Posse List members move into the nuts and bolts of the tech side of e-discovery, we thought we’d update our e-discovery “primer” posts.  In an e-discovery review, the collections process and its attendant considerations are paramount.  But just what, exactly, [...]

Facebook Deputy General Counsel Mark Howitson was yesterday’s keynote speaker and he said Facebook is “looking for a fight”.  He said that almost every day, law enforcement officials and civil litigators request information from a user’s Facebook account.  And, he said, there’s some public misunderstanding about what Facebook’s legal responsibilities are to protect user’s privacy.  [...]

As recently highlighted by Sharon Nelson on her excellent blog Ride the Lightening one of the things Craig Ball most enjoys is coming up with a challenging e-discovery hypothetical and then confounding some of his fellow luminaries in the EDD world.  For Sharon’s full post click here. The Edna challenge involves an old school chum who [...]

Student loan debt is up and job expectations are down according to a year-end, informal snapshot of several sources.  The online ABA Journal is reporting that almost a third of all law students expect to graduate with more than $120k in loan debt.   Over at Above the Law, editor Elie Mystal describes, in a column called [...]