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The TRIAL.COM Litigation News Blog TRIAL.COM's blawg of litigation management news, clippings, pointers to news reports and articles, and views of interest on issues and developments in the legal market.

Wednesday, July 26, 2006

WILDMAN HARROLD VICTORY FOR CLIENT BIOMET
Wildman Harrold (Chicago, IL) is pleased to announce that Rod Heard, Nicole Nocera, and Todd Brandel were successful in the 7th Circuit for their client Biomet. In 2004, Wildman had successfully tried a case in federal court in Indiana which saved Biomet from a $7 million claim by its former Japanese distributor. The jury's verdict and the District Court's decision was affirmed by a unanimous Seventh Circuit opinion written by Judge Easterbrook.
 

Wednesday, July 19, 2006

GENERAL COUNSEL EARNING MORE THAN EVER
2005 Restricted Stock Awards Averaged $1 million!!!!!
Jill Nawrocki
Corporate Counsel
July 17, 2006


Companies are using restricted stock to compensate and retain top-performing chief legal officers. Stock options remain an additional form of compensation (73 or 100 GCs surveyed were awarded options).

Sixty-one GCs on Law.com's list received some amount of restricted stock in 2005, and the average award rose by 35 percent, to nearly $1 million ($987,269), more than $250,000 higher than in 2004.

Bonuses remained one of the prime ways to reward GCs. The average bonus on Law.com's list of GC's was $906,820.

Law.com Charts:

- Annual Compensation of Some of America's Top Earners

- Interesting Categories

GC Compensation Methodology
 

Monday, July 10, 2006

NETWORK'S MISSISSPPI LAWYERS SEEK TO DISMISS ASBESTOS CASES IN MDL ON BASIS OF FRAUDULENT MEDICALS
Article on National Public Radio ("NPR")
by Wade Goodwyn
National Public Radio
Morning Edition, July 10, 2006


Thousands of lawsuits against major companies have been dismissed over potentially fraudulent medical diagnoses of the lung disease silicosis. Now defense lawyers want thousands of asbestos cases dismissed for the same reason.

Listen to W. G. Watkins' interview on NPR.