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As Firms Grow, Who Can't Afford to Stand Still?
A recent lack of merger activity involving Washington, D.C., law firms may be only a lull. Managing partners and recruiters theorize that firms are biding their time, doing their due diligence before starting a new round of the dating game. Says one partner, "I think we're in the pre-earthquake stage. Certain offices are starting to lose talent, and at some point there's going to be a seismic shift." Which firms are most likely to merge in the coming years? Industry insiders explain their forecasts.Does the shareholder plaintiffs bar deserve credit for forcing the resignations of ex-Citigroup CEO Vikram Pandit and another bank exec last October? Not a chance—at least according to the federal judge in Manhattan who presided over a short-lived say-on-pay class action against Citi's board.
Amid Much Scrutiny, New Chief Justice's Journey Begins Today
Today, John Roberts Jr., the youngest chief justice in more than two centuries, steps into the fishbowl and takes on the duties of running the Supreme Court and the judicial branch without a moment of apprenticeship. He will be presiding over a docket full of complex cases, some of which could reveal what Senate Democrats could not pry out of Roberts during his confirmation hearings: how much his heart figures into his jurisprudence.Arent Fox Looks for Footing on Rough Road
Within the last year, Arent Fox has weathered the departures of 52 lawyers -- and during the past decade it has shuttered four offices and reached dead ends in a number of merger talks. Now partners are in search of a strategy to remake the D.C. mainstay. "It's a task that leaves nothing sacred except our name," says managing partner William Charyk.Kindle, iPad, Nook, or plain old paper. No matter how they read it, it's a sure bet that co-lead plaintiffs counsel at Hagens Berman and Cohen Milstein gleefully devoured U.S. District Judge Denise Cote's latest opinion in their proposed antitrust class action against Apple and a quintet of major publishers.
Is the Magic Circle Becoming the Tragic Circle?
From 1998 through 2001, U.K.-headquartered law firms had astonishingly high growth rates. The last three years have been less kind, and firms are trying to hold on to these gains by the skin of their teeth. The largest and most lucrative mergers and acquisitions deals in Europe are being cherry-picked by U.S. firms, and Europe has seen neither a rise in U.S.-style litigation nor the volume of corporate meltdowns handled by their American counterparts. Partha Bose analyzes who will survive -- and how.Stakes Are High for State's Judicial Election Process
Oral argument will be held tomorrow at the U.S. Supreme Court in the case that has had New York's political and legal establishments on tenterhooks for nearly two years. Handling the lion's share of the argument for the defenders of the status quo will be Theodore B. Olson, while arguing for the system's challengers will be Frederick A.O. Schwarz Jr.Trending Stories
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