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Wake Up Call: U.K. Firm Nixes Partner Bonuses, Pay Reviews

Aug. 5, 2016, 11:48 AM

• U.K. firm Addleshaws has canceled bonuses and pay reviews for all of its partners and deferred fall quarterly payments for equity partners until November. (The Lawyer)

• The American Bar Association’s policy-making arm is due to vote on an amendment to ABA rules of conduct that would ban harassment and discrimination by practicing lawyers. Not everyone thinks it’s a good idea. (New York Times Dealbook)

• A lawsuit by the U.S. Chamber of Commerce alleges that an Internal Revenue Service rule change improperly stymies the ability of U.S. companies to shift their headquarters overseas to shelter global profits from American tax collectors. (Bloomberg News)

Four antitrust partners in Washington, whose clients include Microsoft and Cigna, are leaving Cadwalader, Wickersham & Taft to join Paul, Weiss Rifkind, Wharton & Garrison. Antitrust head Rick Rule is leading the way. (Big Law Business)

• Increasingly sophisticated software technology may be reducing the cost of e-Discovery review but the e-Discovery services market continues to dwarf the market for software. (Big Law Business)

Legal Market

• Missouri’s chief public defender is protesting budget cuts for his office by attempting to conscript Gov. Jay Nixon as a lawyer for the indigent. (WSJ Law Blog)

• How to make partner in a major law firm, by an attorney who gave up after years of trying and founded his own firm. (Above The Law)

• Innovative companies that flourish are welcome to the EU, but U.S. technology and other companies that misuse their market size and power can expect to hear from Margrethe Vestager, European commissioner for competition . An interview. (Bloomberg BusinessWeek)

• Anthem Inc. said its planned takeover of Cigna Corp. is in danger of collapsing unless there’s a quick trial to resolve a U.S. lawsuit seeking to block the deal. (Big Law Business/Bloomberg News)

• Georgia’s attorney general said pharmaceutical company Cephalon has agreed to pay $125 million to resolve antitrust litigation with 48 states over reverse payments it allegedly made to slow introduction of generic forms of Cephalong’s Provigil drug. (National Law Journal)

• Perspective: As clients increasingly seek out firms that practice diversity and inclusion as core values, it is a business imperative for firms to “demonstrate” those values. (Big Law Business)

• Royal Bank of Scotland Group Plc posted a second-quarter loss in the context of legal costs linked to past misconduct, mounting challenges due to Brexit, and other challenges. (Bloomberg News)

SCOTUS and other courts

• Represented by Orrick, Herrington & Sutcliffe, over 100 design professionals from fashion, industry and academia filed an amicus brief to the U.S. Supreme Court Thursday backing Apple Inc. in its smartphone infringement fight with Samsung Electronics Co. (Law.com)

• A California federal judge approved a $158 million fee award for attorneys who won more than $500 million in settlements from electronics firms in a massive price-fixing case. (The Recorder)

• A federal judge approved a $3.9 million fee award against the U.S government, culminating a hard-earned win for a team of lawyers from Morgan, Lewis & Bockius and a veteran’s legal services group representing over 2,000 veterans suffering from post-traumatic stress syndrome. (National Law Journal)

• Four California lawmakers are demanding an audit of the state’s agency for disciplining judges, amidst judges’ complaints of overzealousness and litigants’ complaints that it protects bad jurists. (The Recorder)

• A man’s constitutional rights were not infringed by court-ordered prohibition from going to the California stores of do-it-yourself chain Home Depot after he was convicted of shoplifting, California’s Supreme Court ruled. (WSJ Law Blog)

Laterals and Moves

• SABMiller general counsel John Davidson will leave in six months as part of a management overhaul following the brewer’s’s takeover by Anheuser-Busch InBev. ABInBev legal and corporate affairs officer Sabine Chalmers will take the top legal job for the combined business. (The Lawyer)

• Covington & Burling partner Keith Noreika is joining the Washington office of Simpson Thacher & Bartlett, where he’ll be a partner in the financial institutions practice. (Big Law Business)

• Orrick, Herrington & Sutcliffe has brought on as an equity partner James Tierney, a veteran Department of Justice lawyer who most recently led the Antitrust Division’s network and technology enforcement section. (National Law Journal)

• Allen & Overy has hired its second partner from Simmons & Simmons in three months, getting IP head Marc Döring for its 15-lawyer international IP practice in London. (The Lawyer)

• Seattle-based Davis Wright Tremaine has acquired Eric “Ric” Redman, a consultant and founder of Heller Ehrman’s energy practice , to become a senior energy and climate policy adviser at the firm. (American Lawyer)

• King & Wood Mallesons has hired senior associate Guilain Hippolyte as a partner in Paris , getting the private equity specialist from White & Case as part of an effort to rebuild its corporate practice in the city in the wake of six departures in March. (American Lawyer)

• Baker Botts expanded its new San Francisco office by hiring two Colorado-based patent litigation partners from Cooley: Wayne Stacy and Sarah Guske. (The Recorder)

Growing its new London practice, Quinn Emanuel Urquhart & Sullivan hired corporate investigations and white-collar crime partner Robert Amaee from Covington & Burling. (American Lawyer)

Technology

• Chinese manufacturer DJI announced temporary software-based flight restrictions to prevent users from flying into air space around sports arenas in six Brazilian cities hosting athletic competitions in the Olympics. (TechCrunch)

• Tech companies are pressuring Congress to ease crowdfunding restrictions in a four-year-old law aimed at reviving U.S. entrepreneurship. (Big Law Business/Bloomberg BNA)

• Apple is starting a bug bounty program with what look to be the industry’s highest rewards -- as much as $200,000 --for researchers who find and submit security vulnerabilities for companies to preemptively patch. (Wired)

• China is encouraging automakers to install the Chinese rival to the U.S.-developed Global Positioning System, Beidou, and advance autonomous driving technology as part of a broader plan to upgrade the country’s transportation sector. (Bloomberg News)

• The Canadian law firm McMillan said it has teamed up with IBM to develop an analytic insights platform aimed at helping the firm review internal data about cost and resource management. (Legaltech News)

Legal Education

• Hit by a sexual harassment scandal Sujit Choudhry resigned five months ago as dean of the University of California, Berkeley School of Law, but he is fighting to hang on to his tenured position on the law faculty. (The Recorder)

Miscellaneous

• Latham & Watkins held its spot atop this year’s “Generous Associates” fundraising campaign for the Legal Aid Society of the District of Columbia, contributing close to 12 percent of the record raised by 82 participating firms, nearly $1.48 million. (National Law Journal)

• What would political parties do if Donald Trump or Hillary Clinton quit the race for president? A Q & A. (WSJ Law Blog)

• Lawyers and activists linked to a single legal firm have been sentenced in China for subverting state power, the country’s first penalties meted for what state media called a “rights-defense” movement suspected of instigating protests to manipulate opinion.

Compiled by Rick Mitchell and edited by Gabe Friedman.

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