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Stanford GC's resignation offers lessons
Lawyers with experience in securities investigations and white-collar criminal law say important lessons can be found in the experience of P. Mauricio Alvarado, who resigned as general counsel of the Stanford Financial Group the day before its companies and three top executives were accused by the Securities and Exchange Commission of running an $8 billion Ponzi scheme.In The Trenches: Helping Georgia's juvenile code grow up
Big firm associates open shop for startups
Three big firm associates have taken the entrepreneurial plunge and formed Townsend Lockett Milfort, catering to startups and small businesses."We want to use our talents to be more meaningful and helpful," said Travis T. Townsend Jr., the new firm's managing partner, who was at Womble Carlyle Sandridge Rice.Local lawyers watching new round of pay hikes
THE ASSOCIATE SALARY WAVE is rolling again, this time in Washington where some big firms have raised pay for first-year lawyers from $145,000 to $160,000 a year. That is the amount big New York firms started paying in January, triggering raises around the country.It is unclear whether lawyers with Atlanta firms that have offices in the nation's capital will benefit from the most recent moves.The Churn: Lateral Moves and Promotions in The Am Law 200
Former attorney general of Pennsylvania joins Cozen O'Connor; director of the U.S. Treasury Department's Financial Crimes Enforcement Network heads to Cleary Gottlieb Steen & Hamilton; and Davis Polk & Wardwell expands its U.K. practice with a new partner. The Churn is constant. Please send all announcements to [email protected].Latham's Longtime CMO Set to Join Morgan Lewis
Despina Kartson, who has worked as Latham's top marketing executive since 2004, will join Morgan, Lewis & Bockius as chief marketing officer on March 18, according to two sources familiar with the move. The last person to hold the job at Morgan Lewis left in September.With Raid on Skadden, NY Firm Launches Corporate Real Estate Group
Sutherland cuts sweet patent deals for Coke
TWO SUTHERLAND Asbill Brennan partners are working as patent counsel to Coca-Cola Co. on new low-calorie and zero-calorie beverage sweeteners the soft drink giant is developing.Peter G. Pappas, head of the firm's intellectual property practice group, said he is lead attorney on the project. Daniel J. Warren is Sutherland's relationship partner for Coke.Lawyers called as Pentagon cuts budget
When Secretary of Defense Robert Gates announced plans earlier this month to cut $78 billion in military spending on top of $100 billion in efficiency savings announced last summer, nervous government contractors took stock of their programs-and called their lawyers.A sacred cow since Sept. 11, the Defense Department budget for the first time in a decade is feeling the pinch as the country grapples with a deficit of nearly $1.Trending Stories
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