Tonight: Evening t-showers, otherwise cloudy and muggy with a low near 70.
Wednesday: ... More...
Chambliss, Bahner and Stophel Attorneys Receive Special Honor
Three attorneys with Chambliss, Bahner & Stophel, P.C., have been honored as Client Service All-Stars by BTI Consulting Group in its 13th annual review of outstanding lawyers recommended by the nation’s leading corporations. William P. Aiken, Richard W. Bethea and William H. Pickering are among an exclusive group of 330 attorneys recognized for providing exceptional service and value to their clients. Only one other Tennessee attorney was named as an All-Star by BTI.
Aiken, Bethea and Pickering were also part of a select group named by BTI as Client Service MVPs—lawyers who have received All-Star recognition for two or more consecutive years. Pickering was honored as a 4-Year MVP and was one of only three attorneys in the nation to be named as an All-Star for four consecutive years. Aiken was one of only 12 attorneys honored as a 3-Year MVP, and Bethea was recognized as a 2-Year MVP.
“A recognition like this, based exclusively on client nominations, is truly an honor,” said Dana Perry, president and managing shareholder of Chambliss. “We strive every day to act as partners with our clients and to provide the best value and service possible. This distinguishing acknowledgement is a pat on the back for the entire Chambliss team and an exceptional honor for these three attorneys.”
Aiken was recognized by BTI for his work in commercial contracts and business transactions. His practice also includes corporate and securities law and mergers and acquisitions for clients in several business and manufacturing sectors. Aiken is listed in The Best Lawyers in America for Corporate and Mergers and Acquisitions and has been honored by that publication as the Chattanooga Corporate Law Lawyer of the Year.
Bethea was recognized for his work in product liability defense. He focuses his practice on the trial of complex business cases, with particular emphasis on product liability defense, manufacturers' risk prevention, patent infringement, misappropriation of trade secrets, and commercial and consumer finance claims. He is listed in The Best Lawyers in America for Product Liability Litigation and other complex litigation.
Pickering was recognized for his work in labor and employment law. He serves as labor counsel for some of the Chattanooga area's largest manufacturers and has been lead counsel in complex business and employment litigation in several states. Pickering is listed in The Best Lawyers in America for Labor and Employment Law and Labor and Employment Litigation.
The BTI Client Service All-Stars List is the only continuous, independently researched benchmark study of client expectations and needs in the legal industry. Attorneys are selected for their exceptional commitment to client service, including the lawyer’s focus on the client’s needs, innovation, understanding of the client’s business, exceptional legal skills, outsized value and outstanding results. With self-nominations forbidden, the only way to be honored as an All-Star is to be nominated by a client in an unprompted manner. BTI conducted nearly 300 individual interviews with corporate counsel at Fortune 1000 companies and other major corporations in more than 15 industries to develop this year’s All-Star list.
This announcement comes only weeks after Chambliss’ recognition for stellar customer service on BTI’s Client Service A-Team for the fourth consecutive year.
To learn more about The BTI Client Service All-Stars, visit www.bticlientserviceallstars.com.
More Business News
Last Update on July 22, 2014 07:31 GMT
NEW YORK (AP) -- Wal-Mart Stores Inc. is intensifying the price game for the crucial back-to-school shopping season.
The world's largest retailer has cut prices on 10 percent on more back-to-school items compared with last year, signaling that the second-most important shopping season behind the winter holidays will be fiercely competitive. The Bentonville, Arkansas-based retailer also said that it's increasing the number of back-to-school products sold on its website by 30 percent to 75,000 this year from last year.
In an interview with The Associated Press on Monday, Steve Bratspies, executive vice president, general merchandise at Wal-Mart, said he's seeing back-to-school promotions start early this year. He expects that its low-income shoppers will stagger their buying throughout the season, a trend it has seen in the last few years. A little over 300 back-to-school items will have what Wal-Mart refers to as "rollbacks" or discounts.
SAN FRANCISCO (AP) -- Second-quarter earnings for Netflix more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.
The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix's management predicted. The quarter is typically the company's slowest of the year, as people spend more time outdoors instead of watching video.
Investors applauded the second-quarter results, pushing Netflix's stock up $4.05 to $456 in extended trading. The shares have surged by 23 percent this year, while the Standard & Poor's 500 index has increased 7 percent. The second quarter featured one of Netflix's marquee attractions, "Orange Is The New Black," which returned for its second season in early June. As with Netflix's other original series, all 13 episodes of "Orange Is The New Black," were released simultaneously so subscribers could watch the story unfold at their leisure.
RICHMOND, Va. (AP) -- A federal judge says the Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest.
While the FDA has since conducted an independent review on the public health impact of menthol cigarettes, Monday's ruling could hinder the agency's ability to defend any future regulations.
U.S. District Court Judge Richard Leon in Washington ordered the agency Monday to reconstitute the tobacco panel and barred it from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
Only one of the members challenged in the suit remains on the committee.
JOHNSON & JOHNSON-BUYBACK
J&J buying back $5 billion worth of its shares
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson, the world's biggest maker of health care products, plans to buy back up to $5 billion of the company's common stock.
The maker of prescription drugs, medical devices and Tylenol said Monday that its board of directors had approved the stock buyback program. The company says in a statement that the program has no time limit and could be discontinued at any time.
Johnson & Johnson's shares have risen strongly over the past two years, from about $68 to a July 7 all-time closing high of $106.47. They ended Monday down 53 cents to $101.27 and were up 75 cents at $102.02 in after-market trading following the announcement of the buyback program.
Johnson & Johnson, based in New Brunswick, New Jersey, said it has about 2.8 billion stock shares outstanding.
HARRISBURG, Pa. (AP) -- Pennsylvania received its third bond downgrade in two years Monday. It happened after Gov. Tom Corbett signed a budget that papers over a massive deficit with stopgaps and failed to win passage of legislation to rein in a rising public pension debt.
New York-based credit ratings agency Moody's Investors Service dropped Pennsylvania's $11.1 billion of general obligation bonds a rung on its rating ladder, from Aa2 to Aa3, leaving it ranked among the six worst states in Moody's ratings for the 47 states with general obligation debt.
It was the second downgrade by Moody's in two years. Fitch Ratings downgraded Pennsylvania last year, and Standard & Poor's has warned it could downgrade Pennsylvania if it didn't see significant strides to address deficits and pension liabilities.
NEW YORK (AP) -- Yahoo is buying Flurry Inc., a startup that helps other programmers build better mobile applications and craft marketing campaigns for smartphones and tablets.
The deal announced Monday is the latest in a wave of mostly small acquisitions that Yahoo Inc. has made during the two-year reign of CEO Marissa Mayer as the company's tries to attract more traffic on mobile devices.
The shopping spree hasn't yet provided Yahoo with the means to boost its revenue growth at a time more advertising is moving to online services. The Sunnyvale, California, company last week disclosed another lackluster performance in the April-June period.
Yahoo didn't disclose how much it is paying for Flurry, an indication that the price isn't big enough to affect Yahoo's finances.
The Good LifeCelebrating the events, adventures and activities that represent "The Good Life" in the NewsChannel 9 viewing area.
SideroadsTake a ride with Don Welch to explore the unique people and places to be found along the Sideroads of the NewsChannel 9 viewing area.
Golf Card2014 Golf Card
FORE! Get your Golf Card now to enjoy 10 rounds of golf at great local courses for one low price! CHECK OUT THE DEAL.
Health and Beauty
Road TrippinCome Road Trippin' with us and see all the great sites in your area!
Closings and DelaysThese are the latest School and Business Closings reported to NewsChannel 9. If you see errors or need to add a school or business, call 423-757-7320.
Educator of the YearVote now on your favorite candidate teacher for the Educator of the Year!
Deaf & Hard of HearingInformation provided to NewsChannel 9 by members of the Deaf and Hard of Hearing Community.
Sponsored EventsCheck Back Often for NewsChannel9 Sponsored Events!