On May 16th, Burford COO Andrew Langhoff is scheduled to speak at the Ark Group’s 4th annual AFA Forum: Value-Based Fee Arrangements & Legal Service Logistics. The program will examine the opportunities AFAs present for both law firms and their clients and will provide a platform for candid discussion around what law firms and their clients are doing in pursuit of more fundamental shifts in the service-delivery model. Mr. Langhoff will discuss litigation finance as a viable option for law firms...
The United States Court of Appeals for the Second Circuit has ruled that Goldman Sachs Group, Inc. may compel a former employee who sued the company for gender discrimination to arbitrate her claim. In Parisi v. Goldman Sachs & Co., No. 11-5229-CV, (2d Cir. March 21, 2013) the appellate court stated Lisa Parisi, a former managing director at Goldman Sachs who claims she was the victim of pay and promotion discrimination, may not pursue her claim in a courtroom due to an arbitration clause...
Cornell University will open a huge tech school on an island in New York City. Cornell NYC Tech is the result of Mayor Michael Bloomberg’s request to create a new science school to fuel the growth of the New York City tech sector.
Largely responsible for Cornell’s ability to open up the school is Qualcomm founder Irwin Jacobs’ $133 million donation. Other prestigious universities such as Columbia, NYU and Stanford were also looking to open up a new graduate school mainly focused on computer...
The number of wage-and-hour lawsuits has skyrocketed in New York federal courts, exceeding already-accelerating national trends.
The lawsuits, brought by workers under the Fair Labor Standards Act, generally claim employers did not pay sufficient wages or overtime, often contending they misclassified workers as exempt from overtime payments.
Among New York's four federal district courts, the largest increases are found in Southern and Eastern districts, according to Federal Judicial Center...
In the wake of a FINRA disciplinary hearing panel decision not to enforce its own rules against broker-dealer Charles Schwab barring class action waivers in customer-broker account agreements because of the Federal Arbitration Act (see my previous blog posts about that decision here and here), investor rights advocates have stepped up their efforts to press the Securities and Exchange Commission to exercise its powers under Dodd-Frank to ban mandatory arbitration.
First, a few weeks ago, SEC...
Below are the questions asked of corporate counsel by the Scheinman Institute on Conflict Resolution at Cornell University, the Straus Institute for Dispute Resolution at Pepperdine University School of Law and the International Institute for Conflict Prevention & Resolution (CPR). The survey was performed in 2011 by phone, by mail, and online.
Q: Has the emphasis on ADR increased or decreased since 1997? How will corporate conflict resolution policies have changed, if at all?
Q: Why do companies...
In a poll conducted by Brian Leiter’s Law School Reports, Alternative Dispute Resolution ranked fourth in terms of what areas of law need more attention from the legal academy in terms of more full-time faculty doing research in the area . The full poll results can be found here. So, blog readers, what do you think? More writing? More hiring? Interesting food for thought….. (Hat tip to Nancy Welsh for sending this along).