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Dorsey & Whitney Suffers Defections
As law firms increasingly seek to establish New York and Washington locations to boost their national prominence, Dorsey & Whitney's downsizing has attracted notice. Its D.C. office suffered key defections after tech and regional downturns, and, more recently, its Manhattan office has endured losses. Some departing lawyers blame management blunders for the attrition, but managing partner Peter Hendrixson says the firm is shedding lawyers to focus on core competencies.London Calling: AIM IPO Means Texas Company Won't Clash With SEC Over SOX
When Houston's Frontera Resources Corp. went public in 2005, it raised close to $90 million in an initial public offering on the Alternative Investment Market in London instead of on the NASDAQ exchange in New York. One reason Frontera chose the London exchange was the ability to avoid the cost of complying with U.S. SEC rules as well as the Sarbanes-Oxley Act.A Level Playing Field Gives Women Equipment to Succeed
Every once in a while, says attorney Kathleen Wu, the sports world helps her understand the legal profession a bit better. Noting women's prominence in international athletics and the impact of Title IX, which banned sex discrimination at schools that get federal funds, Wu says Title IX also shows what can happen when the playing field is leveled in the legal profession. Give women the same opportunities as men, says Wu, and people will never stop being amazed at what women can accomplish.Pro Bono: Good Business, Good for Business
Ongoing support of pro bono requires an institutional commitment that is deeply rooted in firm culture.New African-American Firm to Tackle Big Business
When Molden Holley Fergusson Thompson & Heard opens for business Monday, it will make history as the first African-American firm in Atlanta made up of lawyers with big-firm corporate experience, say its five partners. Firm founder Regina Molden sees Atlanta as the ideal place for a black-owned corporate firm, citing the city's wealth of thriving black-owned businesses. The firm will pitch its services to Fortune 500 companies and local minority businesses that balk at paying big-firm rates.Trending Stories
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