(FROM THE WALL STREET JOURNAL 6/22/15) 

Transactional Work on

The Rise at Law Firms

With litigation work stagnating, law firms are increasingly turning to the transactional side to keep revenue rising.

M&A, real estate, tax and other general transactional corporate work now make up 32% of billings, according to new data collected by Thomson Reuters Peer Monitor and Legal Executive Institute.

Litigation, meanwhile, makes up 36%, a proportion that has been on the decline for years. "Litigation is said to be countercyclical, so after the great recession we would have expected to see an increase in litigation work. But we didn't see that," said Jennifer Roberts, a senior data analyst at Thomson Reuters.

Peer Monitor's numbers are pulled from the time and billing systems of 141 firms, including around half of the nation's 200 largest firms.

-- Sara Randazzo

Appeals Court Blesses

Google-Generated Evidence

In the latest example of judges blessing machine-made proof, a federal appeals court said that satellite images produced by Google can be used as evidence in a criminal case.

Border Patrol agents arrested Paciano Lizarraga-Tirado in Arizona near the U.S.-Mexico border in 2013 and charged him with re-entering the country illegally, after he was removed in 2012.

Mr. Lizarraga-Tirado argued at trial that Border Patrol agents inadvertently crossed into Mexico to make the arrest. One of the arresting agents, however, recorded the coordinates of the arrest using a hand-held GPS device.

To illustrate the location of those coordinates, which placed the arrest on the U.S. side of the border, the government introduced the Google Earth satellite image at Mr. Lizarraga-Tirado's trial. He was convicted last July.

In his appeal in the San Francisco-based Ninth Circuit, Mr. Lizarraga-Tirado argued that the satellite image and the digital tack amounted to hearsay.

The Ninth Circuit panel, in a ruling written by Judge Alex Kozinski on Thursday, disagreed, joining several other federal appeals courts that have held that machine-generated data aren't hearsay.

-- Joe Palazzolo

Court Takes Pass on Reach

Of U.S. Antitrust Law

The Supreme Court has signaled no interest in considering the reach of U.S. antitrust law to sanction foreign defendants for price-fixing activities that take place overseas.

The high court, in brief written orders, last week turned away two appeals stemming from a price-fixing scheme to set and control prices for liquid-crystal-display panels used in consumer electronics like monitors, phones and laptops.

One appeal, brought by Taiwanese technology company AU Optronics Corp. and a pair of former top executives, argued U.S. courts had extended American antitrust law too broadly into foreign jurisdictions.

The other, in a private civil lawsuit by Motorola Mobility, went in the opposite direction. The phone maker argued judges hadn't extended U.S. law far enough to protect the U.S. market from price-fixing in other countries.

-- Brent Kendall

Access Investor Kit for Lenovo Group Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=HK0992009065

Access Investor Kit for AU Optronics Corp.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=TW0002409000

Access Investor Kit for AU Optronics Corp.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US0022551073

Access Investor Kit for Google, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US38259P5089

Access Investor Kit for Google, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US38259P7069

Access Investor Kit for Lenovo Group Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US5262501050

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

AU Optronics (NYSE:AUO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more AU Optronics Charts.
AU Optronics (NYSE:AUO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more AU Optronics Charts.