Word: settlements
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Back then, the "biggest case" was an arcane smackdown between two huge oil companies, Pennzoil and Texaco. This year his efforts have had direct, determinative impact on the antitrust case against Microsoft, in which he represented the U.S. government; the half-billion-dollar settlement of a suit by his art-buyer clients against the world's two leading art-auction companies, Sotheby's and Christie's; the essential meaning of copyright on the Internet, which he is trying to establish on behalf of the music website Napster; and, supremely, the Tallahassee passion play. Back at the time of the Pennzoil...
...which the knives are long, the stakes are high and the fees higher. Firms like Cravath spurn suits like these, which run against the interests of their corporate clients. Firms like Boies, Schiller & Flexner, new enough to be free from such conflicts, do not. From last year's settlement of a case involving price fixing in the vitamin market, Boies, Schiller stands to collect a fee of $40 million; from this year's auction-house case, the firm could take in $25 million. And as you might imagine, all partners at Boies' firm are not created equal...
Even some admirers say Boies can be less than straightforward during settlement negotiations, and many complain that he's maddeningly, even irresponsibly hard to reach because of his tendency to do 17 things at once. His partner Robert Silver acknowledges that "life might be easier" if Boies did only 13 things at once. "But," Silver adds, "you wouldn't want to tinker with the psychology" that makes him eager to do 17 things in the first place...
...case that he will be arguing the same morning by teleconference to a panel of judges in Los Angeles. And for much of the day, virtually up to the last moments before he enters the marbled and muraled courtroom, he is negotiating by cell phone the half-billion-dollar settlement in the Christie's-Sotheby's case...
...Barak, of course, is not naïve enough to believe he can get a final peace deal in the next four to five weeks, despite the last-ditch effort by President Clinton Wednesday to interest both sides in a comprehensive U.S. settlement proposal that would give the Palestinians 90 percent of the lands occupied by Israel in 1967, and split sovereignty over Jerusalem in a complex formula. Nobody is particularly optimistic about the deal flying at this late stage. For one thing, it may be only a matter of weeks before "The Bulldozer," whose nickname was earned largely...