Law
Talent poaching is en vogue as firms rebuild after recession
Practice areas and even entire law firms have been weakened by the most recent recession and the slow recovery, but some of the stronger and larger firms have been recruiting attorneys looking to join a new organization where they can help start a practice or enhance an existing area. Behind the scenes, many top-level attorneys ...
Read More »Headhunters often add confusion to hiring, law partners say
As the competition to hire experienced attorneys intensifies, and the ranks of newly minted lawyers joining the jobless rolls seems to grow exponentially, the heads of big law firms say legal search firms — or headhunters — often add confusion and frustration to the marketplace for jobs and talent. Firms more frequently rely on ...
Read More »Attorneys feel impact of job losses, as well
In the fourth quarter of 2011, 65,000 lawyers across the nation were unemployed, according to data from the U.S. Bureau of Labor Statistics and the Census Bureau. “We’re inundated by resumes right now, both of attorneys who became unemployed as a result of the crisis, and of course the law schools have done nothing to ...
Read More »Insurer Jump in auto insurance costs another reason for reform
PIP reform is again in the spotlight, as a report out this week from the National Association of Insurance Commissioners says New Jersey’s combined average premium for personal auto insurance rose in 2009 from 2008 — the most recent years for which data are available — with insurance industry and state sources saying personal injury ...
Read More »NovaDel warns of possible bankruptcy
A Bridgewater specialty pharmaceutical firm says it will run out of money by the end of the month if it doesn’t find a buyer, investor, or other partnership deal. NovaDel Pharma Inc. announced in August that it would seek “strategic alternatives” to keep the company moving forward. On Thursday, the company provided an update, estimating ...
Read More »Quest Diagnostics faces gender discrimination suit
A $100 million class-action lawsuit was announced today against Quest Diagnostics Inc. and its Ameripath Inc. subsidiary, alleging Quest systematically discriminated against female employees. The suit alleges that high-ranking Quest officials foster an environment hostile to the success and advancement of female employees and promoting an “old boys’ club” attitude, giving junior male employees disproportionate ...
Read More »Greenbaum absorbs Westfield firm’s attorneys to deepen its expertise in real estate, solar
The Woodbridge law firm Greenbaum, Rowe, Smith & Davis LLP has added 13 attorneys to its environmental and real estate practices, according to one of its co-managing partners, all from the Westfield firm Farer Fersko, which is winding down its operations through a Chapter 7 bankruptcy filing. “We think in both general real estate and ...
Read More »Trio of Gateway landlords sue to block 250M in tax credits to relocate Prudential
Three of the four landlords at Newark’s Gateway Center have filed an appeal to block a $250 million tax credit package awarded to their tenant, Prudential Financial Inc., which has been exploring a move within the Brick City. The suit, filed Dec. 23 in state appellate court, argues the state Economic Development Authority on Nov. ...
Read More »Judge’s action clears path for dredging work to continue in Paulsboro
A district judge has denied a request for a preliminary injunction against a contractor working on the $250 million Paulsboro port project, clearing the way for dredging to continue in the Delaware River. Texas-based TDM America LLC asked the U.S District Court of New Jersey to stop dredging work in the Delaware River by Cranford-based ...
Read More »A watchful eye on class-action suits against law schools
Class-action suits have been filed against three law schools over recent graduates’ employment rates and the data on hiring and salary that the institutions used to market their programs to applicants — and up to 15 more suits may be in the works, in what two attorneys studying the issue say is a dangerous trend ...
Read More »