This is the first in a series of articles delivering practical knowledge to international businesses on how to protect capital investments made abroad and what recourse is available when these investments are jeopardized. Los Angeles, CA (Law Firm Newswire) May 13, 2013 – Your company is international in scope. You conduct business abroad, enter into international business transactions, and make investments in foreign countries. You understand that there are many risks to doing business abroad, especially in developing countries where the legal and political landscape can change quickly. Perhaps you believe that there is nothing to be done about these [...]
The Arbitration Boutique Trend and What It Means for Your Business Los Angeles, CA (Law Firm Newswire) April 15, 2013 – The recent coverage of the acrimonious lawsuit over law firm DLA Piper’s billing practices has, once again, resurrected longstanding complaints about the high hourly billable rates charged by large international law firms. What may be lost in the controversy is the impact that these high billable rates have on the clients – businesses that rely on sophisticated law firms to handle their transactions and disputes. What is not reported is that increasingly, many companies are effectively priced out of [...]
Houston, TX (Law Firm Newswire) August 20, 2012 – The Fifth Circuit Court of Appeals affirmed the U.S. District Court’s confirmation of an arbitration award in favor of Houston-based construction lawyers Andrews Myers’ client, Petrofac, Incorporated in its construction claims case against DynMcDermott Petroleum Operations Company (DM). The district court previously confirmed a 2010 American Arbitration Association (AAA) panel’s award to Petrofac of nearly $7 million in damages and attorneys’ fees arising from its EPC contract for the design and construction of a transportable degasification plant to remove accumulated gas from crude oil stored at two Strategic Petroleum Reserves sites. [...]
Z-Axis, a presentation consulting firm for lawyers, has recently introduced a “presentation-ready’ package for presenting exhibits from an iPad that may be perfect for some legal matters.