Judge green-lights investor claims against BP

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TODAY'S NEWS Judge green-lights investor claims against BP A federal judge has signed off on a large portion of a class action brought on behalf of certain investors in BP PLC shares who sued the company and its senior executives for alleged securities fraud related to the Deepwater Horizon oil spill. Congress takes aim at 'tremendous power' of Obama's drone program Legislators on Capitol Hill took aim at the government's drone program on February 7, stepping up demands for more information from the White House on the legal justification for targeted killings of terrorists. Law school sues over California's bar-passage mandate A rule that requires state-accredited law schools in California to maintain bar passage rates of at least 40 percent has prompted a federal lawsuit. SPONSOR SPOTLIGHT Competition is everywhere Are you? If you're not part of the conversation, you can consider yourself invisible. The ALM Legal Intelligence LinkedIn Group enables you to network, stay current on competitive intelligence trends, and gives you an opportunity to demonstrate thought leadership. So, what are you waiting for? Join the conversation at ALM Legal Intelligence's LinkedIn Group. Click here Court rejects trade secret theft sentences, finding leniency 'unreasonable' A federal appeals court has overturned two men's sentences for stealing trade secrets from the Goodyear Tire & Rubber Co. and remanded the case, questioning the leniency of the punishment. O'Donnell cites health problems in plea to avoid halfway house Trial attorney Pierce O'Donnell has asked a federal judge to change his prison sentence so that he can serve three months at his Santa Barbara, Calif., home, rather than at a halfway house. New York State Bar Association calls on ABA to oppose cuts to federal courts, LSC The federal judiciary and the Legal Services Corp. continue to find themselves threatened by cuts that will significantly harm the federal court system and legal assistance programs for the poor. The New York State Bar Association urges the ABA to speak out and condemn these cuts. SPONSOR SPOTLIGHT Need to transfer files from paper to mobile devices? Register today to learn more about Bridging the Mobile/Paper Gap to Increase Productivity . This informational webinar will review the trends, risks and challenges faced by law firms and corporate legal departments at the interface between mobile devices and paper. Then it will investigate the solutions designed by Canon U.S.A. to help mitigate those risks and challenges. Click here to register Steptoe & Johnson LLP's revenue slid in 2012 The 2.8 percent decline in gross revenue to $366 million stemmed from unusually high contingency fees earned in 2011, chairman Roger Warin said. Stoel Rives shows increased revenues, profits in 2012 When Stoel Rives rolled out its five-year plan in 2011, the hope was that it would lead the firm along a path of prosperity. So far it seems to be working. The firm posted gross revenues of $208 million for the 2012 fiscal year, a 1.5 percent increase from 2011. Daily D.C. Lateral Roundup: Venable, Baker Botts, Groom Law Group Venable has bolstered its cybersecurity practice with the addition of James Barnett, a retired Rear Admiral and former chief of the public safety and homeland security bureau for the Federal Communications Commission. THIS WEEK'S ISSUE THE PRACTICE INADMISSIBLE National LGBT Bar Association arrives; Breuer leaves DOJ; Antoine Jones' solo testimony; ump's call stands against Wilson; Pillsbury for Saudi nuclear power authority; new leaders for local bar associations; and Baer for beer in this week's column. OPINION Raise the cost of gun violence Creative use of the tax and liability laws can discourage illegal or careless use of firearms. MOST POPULAR STORIES Attorney's blogging prompts ethics complaint Raise the cost of gun violence Avoiding law school in droves New stab at defining patentability Future law school applicants are wealthier, more self-confident To lure students, public law school drops out-of-state tuition Ruling allows council to 'flag' disabled Law School Admission Test takers The law clerk hiring plan is dead, and good riddance Citing 'bad deal,' DOJ sues to block $20B beer merger Feds preparing to sue Standard & Poor's over pre-crash ratings		IN FOCUS New stab at defining patentability One of the most common complaints about the U.S. patent system is that inventors are claiming ownership of basic, widely understood ideas. No doubt aware of these criticisms, the U.S. Court of Appeals for the Federal Circuit has agreed to revisit its definition of patent-eligible subject matter in an upcoming case. Go to In Focus   THE BLT | The Blog of the Legal Times DOJ Settles Suit Over FBI Informant Records Judge Denies Motion to Unseal Chandra Levy Murder Case Proceedings Private Prisons Operator Hires Greenberg Traurig to Lobby on Lease Agreements THE CAREERIST | a lawjobs.com blog You've Come a Long Way Baby—Not Law School News—Optimistic and Smug Cheating and Suing to Get What You Want LAW.COM NEWSWIRE Somali Court Sentences Rape Victim, Reporter to Prison Terms La. High Court's First Black Chief Justice Sworn In Benesch Friedlander Hires New Shanghai Head Greenberg Traurig Loses Three Miami Partners Hofstra Law Dean Extols Practical Skills If you have Twitter account, you can now follow NLJ Editor in Chief David L. Brown at twitter.com/davidlbrownjr. Follow him for links to key stories and updates from the NLJ newsroom. You can also track news on Twitter from the NLJ's Washington bureau at twitter.com/legal_times. Making Tattoos and Piercings a Workplace Issue Without Breaking the Law Jim Chosy Returns to U.S. Bancorp Legal Dept., This Time as GC How to Handle Immigration Issues of a Surprise Hire International Committee Could Standardize E-Discovery Processes and Quality Control J. Paul Getty Trust GC on the Art of In-House Law

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