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Author Topic: Securities Litigation - Plaintiffs Side  (Read 3062 times)

dukedogalley

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Securities Litigation - Plaintiffs Side
« on: April 03, 2009, 09:56:29 AM »
Looking for some info re plaintiffs side securities litigation - what the work is like, hours, current state of the practice, etc.  In particular, I am looking for some information about medium size firms (60-100 attys) that specialize in representing institutional/municipal investors in class actions against corporations for securities fraud. Thanks.

themanwithnoname

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Re: Securities Litigation - Plaintiffs Side
« Reply #1 on: April 03, 2009, 02:52:37 PM »
PSLRA hit the practice hard. I don't know about the mid-sized firms but the big ones have hours like normal biglaw firms.

dukedogalley

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Re: Securities Litigation - Plaintiffs Side
« Reply #2 on: April 06, 2009, 11:51:17 PM »
Aren't plaintiff side hours not as brutal as Biglaw defense because clients are not usually billed by the hour?

themanwithnoname

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Re: Securities Litigation - Plaintiffs Side
« Reply #3 on: April 07, 2009, 09:30:56 AM »
actually in a lot of cases class fees are awarded by the hour.

dukedogalley

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Re: Securities Litigation - Plaintiffs Side
« Reply #4 on: April 07, 2009, 05:29:17 PM »
interesting, any idea re salary/bonus structure....i saw that most of the big plaintiff firms do not have the typical lock step but haven't been able to find much else.  thx.