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Firm Mergers Spawn Niche Practice
Petra [email protected] FRANCISCO-Last year's dramatic rupture of class-action king Milberg Weiss Bershad Hynes Lerach easily might have ended up in court. Unwinding the storied partnership meant negotiating everything from credit lines and capital accounts to deciding who would keep which clients.Attorney Carves Out Law Firm Merger Niche
Shartsis Friese partner Jeffrey O'Connell has quietly created a niche practice in advising lawyers and law firms in starting, merging and ending partnerships. With mergers getting more complicated, his services are increasingly in demand -- especially at smaller shops that don't have their own army of M&A lawyers. Although legal consultants say it's unusual for firms to seek counsel for mergers, they also say it makes sense in some cases.SEC Stumbles on Privilege Waivers
More than ever, the Securities and Exchange Commission is dependent on companies cooperating with probes by conducting internal investigations -- and waiving attorney-client privilege to disclose the results. Yet intense criticism of the practice has reached Capitol Hill, where pending legislation would prohibit the SEC from rewarding companies that turn over privileged material. It's hard these days for the SEC to tread lightly because so much of its caseload involves probes of stock option grants.Morgan Lewis' Michael Lawson, 1950-2008
Morgan, Lewis securities litigator Michael Lewis passed away just shy of his 58th birthday. Colleagues remembered the former Steefel veteran as a powerhouse lawyer who was generous with his knowledge.How Lawyers Can Stay Cool Under the Media Spotlight
Media coverage goes with the territory in high-stakes litigation and experienced lawyers take it as a matter of course that they will need to craft a strategy for handling it. Consultant Carl Whitaker provides tips for meeting the press, based on his discussions with media-savvy lawyers.Trending Stories
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