With few exceptions, McCarter & English’s firmwide and per-lawyer financial metrics were essentially unchanged last year from fiscal year 2016. Firm leaders, meanwhile, say an ongoing emphasis on efficiency and profit margins have set up the firm well in the competitive market for legal Continue Reading
White House Reaches Informal Deal with Boeing for Air Force One
U.S. President Donald Trump has reached an agreement with the Boeing Co (BA.N) to provide two Air Force One planes for $3.9 billion, the White House said on Tuesday. The "informal deal" will need to be codified in a formal contract with comprehensive, complex terms and conditions said Franklin Continue Reading
Industry Roundtable: Women in Business
Delaware’s strongest business leaders include women on the front lines of growing their organizations, navigating change and mentoring others who will follow in their footsteps. Delaware Business Times sat down with five women from a cross-section of industries to talk about their journey, and the Continue Reading
Some Banks Like it Small
For many banks, getting larger — via mergers or adding customers — is key to offering comprehensive services while keeping operational costs down. But for others, smaller is better. Independent community banks often tout their ties to local towns and focus on how their staff, loan officers and Continue Reading
Banking on Technology
It was an attention-grabber when TD Bank Group, with U.S. headquarters in Cherry Hill, acquired Toronto-based artificial intelligence company Layer 6 Inc. Yet the move also represents just the latest example of how the banking industry is shedding its stodgy image in a full-blown embrace of Continue Reading
Call to Ax Weakest Whistleblower Cases Seen as Scaring Away Some Relators
The chances of winning a whistleblower suit against the U.S. government are expected to become slimmer, thanks to a recent Department of Justice memo highlighting the government’s right to dismiss False Claims Act cases when it declines to participate. Thomas Finn of McCarter & English in Continue Reading
Boston Business Journal
Massachusetts’s federal court system is deciding on new rules that could speed up that patent case process, leading to lower legal bills. Massachusetts tech and biotech companies may file more intellectual property lawsuits as a result. “I don’t know that I can put a number on it, but I think Continue Reading
Garden State Energy Policy Goes Green With New Gov.
From a reunion with a regional cap-and-trade program to a rebirth for offshore wind development, newly minted New Jersey Gov. Phil Murphy heralds a greening of the Garden State's energy policies, Trenton watchers say. “I think we're going to see some substantial movement in different directions,” Continue Reading
Attorneys Grapple with Best Way to Handle Management
Joe Boccassini, McCarter & English LLP’s firmwide managing partner, is no stranger to the routine. “When you’re a litigator, you’re really busy at times and other times you’re not busy,” Boccassini said. “But this is like being on trial all the time. Whether it’s at the beginning or end of Continue Reading
U.S. Government Shutdown Would Increase Pentagon’s Weapons Costs
A U.S. government shutdown will stall new defense department contracts and ultimately increase the costs of weapons, creating even more budgetary headaches as lawmakers grapple with a government funding crisis. Depending on the length of the shutdown it could cost hundreds of millions of dollars Continue Reading