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Sunday, 9 January 2000
Work Life

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Y2K no bonanza

Lawyers who figured the year 2000 computer glitch was going to produce a bonanza in the nation's courthouses are going to have to find another ambulance to chase.

With the millennium bug looking increasingly as if it has no legs, earlier predictions of a ``fireball'' of Y2K lawsuits appear to be vanishing as fast as the smoke from last weekend's New Year's celebrations. Y2K lawsuits may still get filed, but they are unlikely to hit the courts in the volume once anticipated.

``Those who were doing Y2K work shouldn't give up their day jobs,'' joked San Francisco attorney Reed Kathrein, whose firm, Milberg Weiss Bershad Hynes & Lerach, set up a special unit to file Y2K lawsuits.

Over the past two years, the legal profession and the high-tech industry geared up for what many predicted would be a torrent of lawsuits related to Y2K computer problems. Big law firms set up squads of attorneys to advise corporate executives. Web sites sprouted to examine Y2K legal issues. Trial lawyers began drafting their year 2000 lawsuits, and more than 80 were already filed around the country by the end of 1999.

Compiled by Sara Hammond from local and wire reports

[ENDS]

-- John Whitley (jwhitley@inforamp.net), January 09, 2000

Answers

Sears refuses to take back my generator. Can you Mr. Whitley recommend a y2k attorney that might represent me against Sears for marketing unfounded fear?

-- Senator Bennett (y2kCommittee@Senate.com), January 09, 2000.