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Features

A Rational Basis for Setting Hourly Rates Image

A Rational Basis for Setting Hourly Rates

Ed Wesemann & Michael Roch

For the past 20 years, law firms have annually increased their hourly rates on the basis of various ad hoc criteria ' what the market will bear, matching the competition, cost-plus, maintaining profit margins ' that neither firm members nor clients find satisfactory. Alternative pricing methods (fixed fees, percentage of the deal, etc.) have long been advocated as a solution to hourly billing discontents, but in practice, for a large majority of firms they remain limited in application. Firms whose clients expect fees to be charged on an hourly rate basis therefore require a rational means of constructing an hourly rate schedule that is transparent and acceptable to clients as well as defensible within the firm.

Challenges to Law Firm Mandatory-Retirement Policies Image

Challenges to Law Firm Mandatory-Retirement Policies

Gary Phelan & Cara E. Greene

A 2006 survey report indicated that 57% of law firms with 100 or more attorneys have mandatory retirement age policies. See L. Jones 'Pitfalls of Mandatory Law Firm Retirement,' <i>National Law Journal</i>, May 24, 2006. But legal challenges to mandatory retirement policies at law firms are likely to become more common as baby boomers reach retirement age.

February issue in PDF format Image

February issue in PDF format

ALM Staff & Law Journal Newsletters

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Features

Patents on New Uses for 'Old' Inventions: The Struggle in the Federal Circuit Image

Patents on New Uses for 'Old' Inventions: The Struggle in the Federal Circuit

Warren D. Woessner, Ph.D.

While a chemical compound, such as a drug, cannot be patented twice based on the discovery of a new property of the compound (no matter how important), the patent statutes explicitly authorize patents on new uses for 'old compounds.' While such method-of-use claims can be difficult to enforce, they can be extremely valuable, both to society and to the patent owner. AZT, a failed anti-cancer drug, earned millions and extended lives, after Burroughs Wellcome patented its use to treat HIV/AIDs. While a patent on a new use of an old compound can seem unfair, nothing is taken from the public domain. The patent often only confers the right to prevent others from advertising that the drug can be used to treat condition X as well as its 'old use' to treat condition Y. The public remains free to use the 'old drug' for any unpatented purpose.

Medical Diagnostic Methods More Freely Patentable in Europe Image

Medical Diagnostic Methods More Freely Patentable in Europe

Patrick Fay

The European Patent Organisation ('EPO') has previously strictly prohibited protecting methods for medical treatment and diagnosis. However, a recent decision by the Enlarged Board of Appeals has clarified and restricted the grounds for rejection under Article 52(4) EPC on the basis of non-patentable subject matter. Thus, many diagnostic methods that were previously unprotectable in Europe may now be patented so long as they comply with the basic guidelines set forth in the opinion.

February 2007 issue in PDF Format Image

February 2007 issue in PDF Format

ALM Staff & Law Journal Newsletters

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Decisions of Interest Image

Decisions of Interest

ALM Staff & Law Journal Newsletters

Supreme Court, King's County, erred when it vacated an award of child support arrears because the former custodial parent died and the children are now living with their father. <i>Dembitzer v. Rindenow.</i>

Impact of Bankruptcy on Equitable Distribution Image

Impact of Bankruptcy on Equitable Distribution

Myrna Felder

Just when we think that the practice of matrimonial law is as complicated as it can get, a case comes down which reminds us of another level of difficulty. <br>In <i>Musso v. Ostashiko</i>, New York Law Journal, Nov. 14, 2006, p. 23, col. 1, the U.S. Court of Appeals for the Second Circuit definitely resolved one of the many questions that arise from the interaction between matrimonial and bankruptcy law ' an interaction which has been occurring with ever greater frequency over the years.

When There Is No Home State Image

When There Is No Home State

Jeremy D. Morley

Child custody jurisdiction in New York hinges primarily on identifying the child's 'home state.' But what if there isn't one?

Same-Sex Couple Cannot Divorce Image

Same-Sex Couple Cannot Divorce

Janice G. Inman

Justice Phyllis Gangel-Jacob, a Manhattan Supreme Court judge, issued a decision in late December, <i>Gonzalez v. Green</i>, which held that divorce could not be granted to a same-sex couple married in Massachusetts. Despite this, the court found enforceable a separation agreement signed by both parties in anticipation of divorce. The court's reasoning can be taken as cautionary advice to same-sex partners and their attorneys ' particularly the monied partner and his or her legal representative.

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