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April 01, 2006 | Law.com

Linguistically Insolvent

Kenneth Klee spent his early career as a congressional staffer, drafting the 1978 law that established the framework for the bankruptcy system. From 1992 to 2000 he served as legislative chairman of the National Bankruptcy Conference. A lifelong Republican who is now a professor at UCLA School of Law, Klee figured that legislators would want his input on the bankruptcy overhaul. He was wrong.
7 minute read
July 31, 2008 | Law.com

Associates Survey 2008

To find out how Midlevel associates rate their firms as workplaces, our annual midlevel survey examined 12 areas that contribute to job satisfaction. They include relations with partners and other associates, the interest and satisfaction level asso-ciates have in their work, training and guidance, policy on billables, management openness about firm strategies and partnership chances, the firm?s attitude toward pro bono work, compensation and benefits, and the respondents? inclination to stay at their firm for at least two more years. Respondents graded their firms on a scale of 1 to 5, with 5 being the highest score. On this chart, firms with ten or more responses are ranked by their averages on those questions. Averages include responses from all participating of-fices. For definitions of national and international firms, and for other details, see our methodology
18 minute read
March 31, 2011 | New York Law Journal

Court Had Authority to Order Home Visit by Agency, Panel Says

5 minute read
August 01, 2000 | Law.com

Caution! Falling Lawyers

Why are so many London branches of U.S. firms losing top partners? According to their British competitors, flawed strategies are legion: in lateral recruitment, in choosing market niches, and in finding a long-term strategy. Other than that, everything's going swimmingly!
10 minute read
November 27, 2000 | Law.com

Activists Can't Block Citi's Purchase

Citigroup's $25 billion acquisition of Associates First Capital is getting a rough reception from community activists, but sources familiar with the transaction said federal regulators should clear the deal by year's end. It has become a battleground for activists because it is the first contested deal to be reviewed under a revised approval process that appears to exclude community reinvestment issues.
6 minute read
March 31, 2005 | Law.com

GCs Call for Greater Diversity Among Top-Tier Firms

General counsel have some advice for law firms that say they are trying to diversify their ranks by hiring minorities: Try harder. Although many firms vow that diversity is a top priority demanding committee meetings, management strategy sessions and cut-throat recruiting, few are attacking the paltry numbers. Minority attorneys make up just 9.64 percent of the total number of attorneys in the nation's largest firms, according to The National Law Journal's most recent survey.
10 minute read
April 22, 2005 | Law.com

Recruiting Diverse Attorneys

Struggling to achieve a population of 10 percent diverse attorneys, law firms are partnering with law school programs and hiring full-time diversity professionals to meet their goal. The reason? Many firms today think that diversity is key for talent, business and quality of life. Therefore, many of the diversity initiatives focus on the retention of minority attorneys, as well as their recruitment.
8 minute read
December 14, 2007 | Law.com

EBay IP Guru's Next Step

Jay Monahan was on the cutting edge of IP and technology as eBay's vice president for intellectual property issues. Now he's the only lawyer at a startup that's wading into more uncharted waters.
5 minute read
January 21, 2005 | Law.com

Investors' Failure to Link Merrill's Reports to Losses Is Fatal to Suits

Investors who blamed Merrill Lynch analysts for Internet stocks' price collapse failed to charge specifically how misleading reports and ratings caused their losses, properly leading to the suits' dismissal, the 2nd Circuit has ruled. In a decision expected to raise the bar for suits based on analyst recommendations and to jeopardize other actions against Merrill Lynch, the circuit said requirements for pleading "loss causation" demand a direct, tangible link between analysts' actions and investor losses.
6 minute read
July 21, 2006 | Law.com

Ex-CEO Charged in Backdating Probe, as SEC Weighs Others' Conduct

On Thursday, the Securities and Exchange Commission announced criminal and civil complaints against the former CEO of Brocade Communications Systems -- the first charges in the stock option backdating probe that's hit about 80 companies, many in Silicon Valley. But even as the SEC chairman excoriated Gregory Reyes, lawyers and accountants for the government, companies and executives are attempting to figure out how to separate the truly criminal conduct from less nefarious errors in dating options grants.
5 minute read

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