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Some Talks, but Atlanta Firms Won't Merge
Merger talks between Ogletree, Deakins, Nash, Smoak & Stewart and Ford & Harrison have started and stopped. The Atlanta-based labor and employment firms confirmed they were considering a union until recently, but neither would specify a reason for the breakdown in talks. Both firms have expanded rapidly into new territory over the past five years; the merger would have created a 300-attorney firm with a strong geographic reach.Jenkens Blesses Branch Exodus, Lawyers Say
The dismantling of Jenkens & Gilchrist has been in the works for a while, ever since the firm suffered hits to its image and lawyer count in the wake of troubles with its Chicago-based tax practice. What's unusual is management's apparently generous and helpful attitude toward the recent wave of attorney defections from the firm. Several lawyers from branch offices say they participated in negotiations with other firms with the blessing and support of leadership at Jenkens.Calif. Attorney General Sues State Street Bank for Fraud
California Attorney General Jerry Brown announced Tuesday that he has sued State Street Bank over markups allegedly extracted from the CalPERS and CalSTRS pension funds in connection with foreign currency trades executed since 2001. Brown is seeking about $200 million in penalties and refunds from the bank.Hulk Hogan Hammered on Defamation Claim
A Georgia judge has smacked down wrestler and actor Hulk Hogan's claim that a WCW official's televised tirade about him was defamatory. Fulton State Court Judge Susan B. Forsling found that World Championship Wrestling creative director Vince Russo's bad-mouthing of Hogan was simply part of the make-believe of wrestling and was directed toward the stage character of Hogan.Deferred Associates 'Hit the Ground Running' at Temporary Positions
The key for most deferred law firm associates who are working at public interest and government agencies is to concentrate on developing as many legal skills as possible. And the challenge for agencies is to get the most out of them for about a year, meaning associates have to get up to speed quickly. "Frankly it's about a six-month learning curve to catch up," said Lynne Kelley, the New York City Bar's executive director, at a training program. "That is, it will take six months before you feel you won't throw up."CNN: Ex-Reporter Should Reveal Her Sources
The irony of a TV news network that wants to seal public records and unveil a reporter's sources is not lost on Bonnie M. Anderson. A former CNN vice president suing the company for discrimination and wrongful termination, Anderson said she was astonished when CNN attorneys demanded the names of all the confidential sources in her book, a critique of what Anderson believes to be the deterioration of TV news into vapid entertainment.Trending Stories
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