Yet even as a dearth of dealmaking has slowed one part of the legal business, there is booming demand for litigation and regulatory lawyers who are preparing banks for another year of fines and lawsuits.The main legal risk facing big international banks relates to a widening scandal over attempts to rig benchmark interest rates, including the London Interbank Offered Rate, or LIBOR.
The hundreds of millions (and perhaps billions) of dollars of TPLF undoubtedly will drive up the demand for litigation attorneys, but its ripple effects will also increase the demand for transactional and regulatory attorneys.
Robert Murat lists 11 newspapers and one TV station in his demand for damages, which litigation lawyers believe could lead to a record cumulative payout of more than £2m.
Lex Machina, whose clients include eBay, Microsoft, and Shire Pharmaceuticals, plans to use the funds to add new product features and to expand its sales team to serve corporate law firm demand for its IP litigation data and analytics.
Strikingly, we find evidence that litigation by frequent patent litigators, a proxy for litigation by patent assertion entities, is directly associated with decreased VC investment, with no positive effects initially.
Well, since there's going to be no lessening of the aggregate demand for heart surgery, dental work and litigation, that work will go to younger and smaller producers who will have the opportunity to absorb the unserved clients kicked loose from the Galtian financial Rapture, and those new businesses will have need of the employees that once worked for those mid-sized businesses.
The bill is transparently the work of an entertainment industry which, failing to raise itself to the standards of demand, wants to drag the law down to its level with more avenues for litigation and greater weapons at its disposal.
This shortfall is the product of a seemingly limitless demand for health care services and the litigation-driven imperative that all complaints be explored to the fullest possible extent with the maximum possible speed.
Shootings are Russia's substitute for litigation.
It also provides more avenues for litigation.
An $11 million fund is for litigation.
