Friday, January 10, 2014

Alcoa to Pay $384M to Settle Foreign Bribery Charges

Headlines

• Alcoa to Pay $384M to Settle Foreign Bribery Charges

• Redstone Gives Harvard $10M for Public Service Fellowships

• Plaintiffs Seek to Consolidate Target Data Breach Suits

• N.J. Gov. Fires Aide Involved in Bridge Scandal as U.S. Probe Begins

• Law Professors Give ABA an Earful on Tenure's Future

• Pro Bono Hot List

• FTC's Winning Streak Provokes Questions About Process

• Law Firms Wary of Tax Provision

• Female Associate Numbers Decline—Again

• Obama Taps Chris Lu as Dept. of Labor's No. 2

Alcoa to Pay $384M to Settle Foreign Bribery Charges

Aluminum giant Alcoa Inc. will pay $384 million to settle charges by the U.S. Department of Justice and U.S. Securities and Exchange Commission that the company violated the Foreign Corrupt Practices Act. Read More »

Redstone Gives Harvard $10M for Public Service Fellowships

Harvard Law School has received a $10 million donation from media magnate and alumnus Sumner Redstone. The money will bolster the Sumner M. Redstone Fellowships for Public Service—a program created in 2010 with a $1 million gift from Redstone to support graduates who pursue public-interest law careers. Read More »

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Plaintiffs Seek to Consolidate Target Data Breach Suits

Attorneys who filed class actions against Target Corp. over its security breach last month have moved to coordinate the swelling tide of litigation, estimated at nearly 50 lawsuits. Read More »

N.J. Gov. Fires Aide Involved in Bridge Scandal as U.S. Probe Begins

N.J. Gov. Chris Christie lets go a key adviser as a federal investigation looms over his administration's ordering of lane closures that crippled traffic on the George Washington Bridge last September, allegedly as an act of political retribution. Read More »

Law Professors Give ABA an Earful on Tenure's Future

The American Bar Association proposal to eliminate its tenure requirement for law schools drew a hostile reception during the Association of American Law School's annual meeting in New York over the weekend. Read More »

Pro Bono Hot List

Behind some of the biggest news stories of 2013 — same-sex marriage, the Boston Marathon bombing and New York's stop-and-frisk policy — you'll find top attorneys who donated hundreds of hours to people in need of legal services. In this year's pro bono report, you'll also see a continuing trend: corporate lawyers volunteering their time to nonprofit causes, a new array of practitioners ready to help those in need. Read More »

FTC's Winning Streak Provokes Questions About Process

For nearly two decades, the Federal Trade Commission has come out on top in every administrative lawsuit involving allegations of unfair methods of competition — a winning streak now being challenged by lawyers and members of Congress, who question whether the forum is fair. Read More »

Law Firms Wary of Tax Provision

Lawmakers on Capitol Hill will start the new year with momentum on major tax reform proposals — including a provision that could pose a financial hardship for large law firms and hit partners with outsized tax bills. Read More »

Female Associate Numbers Decline—Again

NALP's latest report shows a stubborn decline for women in the legal profession. Read More »

Obama Taps Chris Lu as Dept. of Labor's No. 2

Chris Lu, a former aide to President Barack Obama and onetime Sidley Austin lawyer, is the president's nominee for the No. 2 post at the U.S. Department of Labor, the White House announced Wednesday. Obama intends to nominate Lu as... Read More »



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