LexisNexis® Legal Newsroom
Where Are You From? 2012 Edition Part I

Happy New Year to all! I will work soon on my annual New Year's wish list, which sadly will look much like last year's list! In any event, I wanted to provide my annual review of you, my faithful blogees, in letting you know who your fellow readers are and where they come from. As I have mentioned...

Chinese Company Accuses Nasdaq of Racism

Greetings from somewhere above the Midwest on my way to speak at the OneMedPlace conference in San Francisco this week, with the latest RM news. Barron's reports that a lawsuit was filed this past Thursday against Nasdaq by CleanTech Innovations (CTEK) which was delisted from Nasdaq over a year...

Facebook IPO: No Perfect Way to Go Public

All of the regulators' efforts to rein in actual and perceived abuses in reverse mergers and other IPO alternatives have rested on a somewhat flawed assumption: that an IPO is the gold standard method of going public techniques and that all companies should strive to be "IPO-worthy" as...

Senate Introduces Startup Act 2.0 to Help Early Stage Companies

A bipartisan group of US Senators on Tuesday announced the introduction of a bill known as Startup Act 2.0. The actual draft bill is not available yet so this brief summary comes from the Senators' press release. The focus appears to be on companies less than 5 years old, which the release notes...

David N. Feldman: About That Healthcare Decision. . . .

By David Feldman My favorite band, the Supremes (aka the US Supreme Court) tomorrow will release the most important decision they have rendered in decades, maybe only other than the seminal Bush v. Gore decision which determined the 2000 Presidential election. They are ruling on whether the Patient...

ABA Journal Study: Only 55 Percent Of 2011 Law Graduates Have Full-Time Jobs

Get ready gang. I'm starting to expand the coverage of this humble blog beyond just IPO alternatives, the economy and the smallcap markets. We will be talking more about things like Wall Street in general, the legal industry, entrepreneurship (the subject of my next book which I'm writing) and...

ALM Reports U.S. Law Firm Revenues Per Lawyer Lowest Since 1985

ALM Legal Intelligence is reporting that across the US law firms overall have seen their biggest decline in revenues per lawyer (RPL) in 2011 since they started tracking information in 1985. Larger firms took the biggest hits, going down as much as 10%. Smaller firms under 75 lawyers, however, actually...

Lawsuit Filing Seeks To Overturn SEC Rules Over 'Conflict Minerals'

The National Association of Manufacturers and the US Chamber of Commerce have filed a lawsuit with the goal of reversing the SEC rules implemented in August, under the Dodd-Frank Act of 2011, requiring disclosure of "conflict minerals." The rules go into effect in 2014. Dodd-Frank enacted...