But now the firm will have to hand over a large chunk of that amount, around $ 100,000 after a new ruling awarded
costs against the firm itself for its behaviour.
Not exact matches
, became interested in the issue after talking to the CEO of a small
firm in his district, who told him that the
firm's growth had been stunted by the
costs of defending
against patent lawsuits.
At present, banks are visibly keen to keep pace with blockchain's latest developments in a bid to improve their overall efficiency and minimise
costs, as well as to push back
against the growing threat from FinTech
firms eager to capitalise on the technology.
However, if China pushes too hard on this front the U.S. could retaliate with similar measures
against Chinese
firms in the U.S. and / or encourage U.S.
firms to migrate to lower -
cost countries at a faster pace than is already occurring.
In June»98 a U.S. District Court in Maryland threw out the suit in summary judgment, ordering Antonious to pay Spalding's court
costs and issuing a $ 30,000 sanction
against Stroup's law
firm, Finnegan, Henderson, Farabow, Garrett & Dunner, for failing to do an adequate prefiling investigation of Antonious's claims.
All borrowing by the county must be approved by the Nassau Interim Finance Authority, and some board members have taken a
firm stand
against allowing the county to borrow for operating
costs.
As John Smith's shadow chancellor — again as a disciplined chancellor in 1997 - 99 — he stood
firm against high spending and believed it
cost him the leadership when Smith dropped dead in 1994.
«I and other members of the Senate Democratic conference stood
firm against mid-year cuts to schools and also rejected health care cuts that would have
cost New York hundreds of millions of dollars in lost federal funds,» Onorato said.
The county hired six outside law
firms to defend
against the suit, which
cost more than $ 500,000.
The only objection raised
against the hiring of this particular
firm came from Democrat Shirley Lasker who claimed she had a
firm more familiar with the Town of Clarkstown who could have conducted the review at a slightly lower
cost.
«You're firing an interceptor that
costs tens of millions of dollars
against a billion - dollar satellite,» says John Pike, director of GlobalSecurity.org, a defense, space, and intelligence analysis
firm.
Protesters from teaching unions and global justice NGOs lobbied
against education
firm Pearson, to question the company's record on investing in «low
cost» private schools.
Sadly, if
cost cutting is the motivation, this can often be a false economy, as non STF members do not offer the same levels of financial protection, for instance
against a
firm going bust.
The resulting low -
cost power enables Chinese manufacturers to compete more effectively
against American
firms, swelling our trade deficit.
SINGAPORE (Reuters)- India's solar power
costs could fall by more than 40 percent by 2015, allowing the industry to compete
against domestic oil and gas
firms without the help of state subsidies, the head of Lanco Solar told Reuters on Wednesday.
An Ontario Superior Court justice has found that the class action lawsuit brought
against Deloitte LLP by lawyers who had reviewed documents for the
firm constituted a success for the plaintiff class, and he has granted the representative plaintiff for the class a
cost award.
As does the profession's reaction to a regime where a
firm, once complained
against, is prima facie liable to pay the OLC's administrative
costs of dealing with that complaint, unless they can show that they first dealt with the complaint through their own procedures, and were, in effect, not guilty of the allegations made.
In recognition of this feedback, we designed and launched our PAID facility, which enables law
firms to make an early claim for
costs incurred on disbursements
against their ALP ATE policy.
Certain new models work a
cost arbitrage advantage
against traditional
firms for certain types of work, but they themselves will likely only be a temporary solution, to be replaced themselves by better models unless they also evolve.
And now for $ 25 a month, again, you have the same platform that the biggest law
firms that you are either competing
against or working with or using at really an incredibly reasonable
cost.
Both approaches would likely mean greater
costs for banks and payment services providers, intensifying the onus on these
firms to demonstrate that their defence
against APP is as robust as possible.
Specialist claimant
firm Leigh Day & Co has billed # 105m in fees for its work on the class action brought
against oil company Trafigura, in one of the highest - ever
costs claims for a single litigation case.
When defending
against a mass tort action, our
firm focuses on developing legal approaches that produce optimal results for our clients, while minimizing the high
costs and damages often associated with these difficult and complex claims.
«The appellant maintains that, by its nature, a tax on criminal defence legal fees will, at some level, be prohibitive or at the very least act as an impediment to or will interfere with the right to counsel since the additional
cost of the tax to an accused will interfere with the financial resources available to mount a defence to the charges brought
against him or her,» wrote Tax Court of Canada Justice Brent Paris, summing up the
firm's case.
Scott Hay - Bartlem of Brisbane law
firm Cooper Grace Ward says: «Applicants have long taken comfort from Singer v Berghouse (1994), in which the High Court ruled that
costs orders will not be made
against unsuccessful applicants but that everyone's
costs will be paid from the estate — particularly if a
cost order would have a detrimental effect on an applicant's financial position.»
Efficient and effective management involves overseeing such matters as the day - to - day activities of the accounting staff; advising on the
firm's capital requirements, and annual budget and fee policies; assessing the results
against the budget; developing fee policies for various practice areas; determining controls over billing performance including profitability; unbilled time and
costs, receivables, delinquencies and write - offs.
A few weeks ago, I posted about some of the
cost cutting measures that top U.S. law
firms have implemented as a hedge
against declining revenues.
Firms will have to weigh the
costs of these new services
against the risk of clients going to a
firm that does have the capabilities.
Breslin and Breslin, PA, Donald A. Caminiti, Esq., was one of six law
firms selected by the Attorney General of the State of New Jersey to act as special counsel to represent it in its lawsuit
against the tobacco industry to recover Medicaid and other health related
costs incurred by the state resulting from tobacco related illnesses.
As with any decision a law
firm makes when investing its limited resources, the
firm should compare the total
cost associated with the system
against the economic return that the system brings the
firm.
Condor Alternative Legal Services is run as a separate service, has a dedicated chief executive and can deliver
cost reductions of up to 50 per cent
against traditional law
firm pricing.»
Electron also alleged that, in light of the shoddy contract drafting, the two law
firms caused the company damages that include lost royalties under the licensing pact and the
costs of unsuccessfully litigating
against Morgan Stanley.
As to retainers, a law department might agree to pay a fixed amount each month to a
firm as a retainer, but at some time the two sides reconcile
against actual fees and
costs incurred by the
firm.
Surely the real question is whether the proposed charges reasonably compensate the system owners for the true
costs of increasing the capacity, rather than give them undue profit (they are in a regulated business so have pretty
firm profit margins) or allow them to discriminate
against their competition (from users of their own system).
Despite that, there are also recent decisions where courts do allow recovery of online legal research
costs (by the winning party
against the losing party or by a law
firm against their client) where the research was necessary and the
cost reasonable and the search done for that specific client on a specific issue.
The first Court of Appeal hearing dealt only with the question whether Ms. Danicek could appeal certain
costs awards
against her in her actions
against the
firm and the Li's.
The Court of Appeal earlier this year in Sibthorpe and Morris v London Borough of Southwark [2011] EWCA Civ 25, [2011] 2 All ER 240 concluded that solicitors were acting lawfully when they elected not to insure with a third party
against the risk of adverse
costs, choosing instead to indemnify out of the
firm purse.
Unlike law
firms, which operate as revenue - raising profit centers, corporate legal departments are
cost centers, spending corporate dollars to defend lawsuits filed
against the company, negotiate business transactions and perform a wide range of legal services on behalf of the parent corporation and its business entities.
After that, Embroker takes care of benchmarking your policies
against similar
firms and cross-referencing your
costs with
firms of comparable size, policy limits, claims history, and risk tolerance.
It is interesting to note that under the new code we do not need to inform the client about matters which were a specific requirement under the old rules: - The client will be responsible for paying the
firm's bill in full regardless of any order for
costs made
against an opponent.
This coverage pays the
cost of defending your
firm or any other insured
against lawsuits covered by the policy.
If in case an auto company has taken cover
against product recalls, the insurance
firm would pay all the associated
costs to recall.
The
cost incurred in preparing and executing an in - house hiring process (from advertisement / recruitment campaigns to screening the candidates) can be weighed
against the benefits of using an executive search
firm.