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D.C. Managing Partners Forecast the Future
Top D.C. firms' managing partners say the Big Law business model has fundamentally changed and the industry is just starting to figure out what the new environment will look like.General Growth Properties Eyes Exit From Chapter 11
The fourth-largest real estate investment trust in the United States moved a big step closer to emerging from Chapter 11 bankruptcy Tuesday by filing dozens of precedent-setting consensual plans that would collectively restructure billions of dollars in mortgages. General Growth Properties' plans for modifying the terms of its plethora of securitized loans are already being studied by others in the industry as a possible alternative to foreclosure for similarly troubled real estate debtors.Merck faces first trial over Fosamax
Merck Co., the drugmaker facing 900 lawsuits over claims that its osteoporosis drug Fosamax causes the death of jawbone tissue, goes to trial today in a case that may affect all the others. The trial in New York of the first case of the group, filed by Shirley Boles, 71, will be one of three so-called bellwether cases that may point the way to out-of-court settlements.Ballard Spahr Seeks New Fortunes in L.A.
The Philadelphia firm's new office will focus on IP, employment work.The Good Times Roll Thanks to M&A Activity
The deal economy might be said to have suffered an embarrassment of riches last year. Except that no one seemed embarrassed.Trending Stories
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