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Library Legal News

Law Firm Diversity Progress Mixed

Posted Jan 17, 2019

According to a recent National Association for Law Placement (NALP) report , law firms are doing better in representation of women, minorities, and LGBTQ associates overall, but falling short when it comes to black associates. Women now comprise 45.91% of associates, and minorities 24.22%. Representation of Asians and Hispanics in associate ranks has increased, at 11.69% and 4.71% of all associates. However, black associates make up only 4.48% of associates, lower than 2009 numbers. LGBTQ attorneys account for 3.8% of associates. Representation at the partnership level has been increasing, but at a slower rate, with minority women lagging at only 3.19% of partners. See ABA Journal, Above the Law.

New Governor Proposes Funding Increase for Judiciary

Posted Jan 17, 2019

Governor Newsom has released his proposed budget for 2019-20. The judicial branch  will receive total funding of $4.1 billion, with $2.4 billion allocated to trial court operations. A key focus will be technology, including a pilot program to digitize court records, case management system replacements in 10 trial courts, and projects advancing video court appearances in noncriminal proceedings and voice-to-text interpretation services. The budget also includes pay raises of 3.5% for Judicial Council, California Supreme Court, and appellate court employees. See Courthouse News Service, JD Supra.

Supreme Court to Review Ninth Circuit Ruling on M&A Intent Standard

Posted Jan 17, 2019

The Supreme Court has decided to review a Ninth Circuit decision on the intent required for private rights of action pursuant to Section 14(e) of the Securities Exchange Act of 1934. In Varjabedian v. Emulex Corp. , the Ninth Circuit disagreed with five other circuits in deciding that a showing of negligence is sufficient to state a Section 14(e) claim. The Second, Third, Fifth, Sixth, and Eleventh Circuits have held that claims must allege scienter. See National Law Review.