Word: fee
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Dates: during 1970-1979
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...FEE-SPLITTING CASE. While the libel case was in train, the State of Washington, three cities, one port and eight public utilities in January 1970 brought civil suit against Alioto, whom they had retained to prosecute price-fixing suits against utility-equipment manufacturers. Alioto, one of the country's leading antitrust lawyers, had hired two attorneys to help him, and the trio proved all too successful: they won $16 million in judgments and received $2.3 million in fees, which Alioto split with the other two attorneys. The state and the other groups sued to have the entire sum returned...
...Carte. Yet the agency remains curiously aloof to important new developments. For example, until the late 1960s most ad agencies were paid 15% of what publishers and broadcasters billed advertisers for running their ads. For this fee, the agency gave the client services as diverse as market research, ad creation, media buying, and product and package design; admen sometimes even wrote obituaries of executives of client companies. Now many increasingly sophisticated advertisers have their own research and media departments and no longer want to pay for all these services. Full-service agencies like Batten, Barton, Durstine & Osborn, Ogilvy & Mather...
Thompson, though, still works hard to persuade its clients to take all its services and pay the flat 15% fee. That line has cost it some accounts, including Firestone. Says Firestone's advertising vice president, Allen E. Brubacker: "We already had good research and media departments, and taking these services from Thompson would just be a duplication." One reason for Thompson's insistence on selling the full-service approach is that the agency maintains the most comprehensive-and expensive-range of specialists in the ad business. Its staff of 6,500 includes two full-time psychologists...
...people soon lost interest TM dropped from the headlines. By the late sixties, the public saw Transcendental Meditation as another shining cult which had faded as soon as the gloss wore off Practical problems and distrust discouraged many potential meditators--they objected to the initiation fee or mistrusted the claims that anyone could practice and benefit from TM. But gradually it has become clear that although Maharishi disappeared from weekly magazine covers. Transcendental Meditation itself did not disappear. The organization has quietly grown into a thriving, world-wide movement. Calculated from participation in meditation centers, the Student International Meditation Society...
Several Harvard and MIT physics professors and administrators who will meet the visiting Russians have agreed to present them with arguments against the Soviet policy of charging a head fee for virtually all educated Jews seeking to leave the USSR...