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Lawyers help wind up pitches for Cubs
AS BIDDERS LINE UP to make an offer for the Chicago Cubs, baseball's lovable losers who have been transformed into a playoff contender, attorneys are bringing together investors, readying financing packages and helping craft clients' pitches. There are at least six attorneys, or teams of lawyers, working to position their clients for a winning bid.Another Law Firm Drops Summer Associate Program
Arnstein & Lehr is the latest Chicago law firm to say it will abandon its summer associate program next year, explaining that the difficulty of estimating its hiring needs two years in advance so it can extend some of those associates job offers is more trouble than the program is worth. The news follows Barnes & Thornburg's recent announcement that it would cease its summer associate program in Chicago.Am Law Firms, Local Shops in Drive for Detroit Work
With Thursday's Chapter 9 filing, the hard-pressed Motor City took its first legal step toward what will be the largest municipal bankruptcy in U.S. history—and set off a scramble among a bevy of firms eager to land roles on a record-setting case.The Churn: Lateral Moves and Promotions in The Am Law 200
Three new partners join DLA Piper in New Jersey; a former U.S. undersecretary of Commerce lands at Fried Frank; and two partners are added to Greenberg Traurig's litigation practice.State Bars Push Back on Privilege Waivers
State bar associations are jumping into the roiling debate over the attorney-client privilege-waiver issue triggered by the U.S. Department of Justice's Thompson Memorandum. Several states have recently convened task forces to fight the 2003 directive, which, among other things, instructs prosecutors to trade leniency for waivers of the attorney-client privilege during corporate investigations. One litigator said it's part of the legal community's pushback against a perceived "culture of waiver."Court denies FedEx's petition against judicial panel
The 7th U.S. Circuit Court of Appeals has denied a mandamus petition brought by FedEx against the U.S. Judicial Panel on Multidistrict Litigation. At issue was the panel's remand to their original courts of a dozen cases brought by FedEx drivers seeking to be classified as employees. On Nov. 17, a unanimous panel in FedEx Ground Package System Inc.State Bars Push Back on Privilege Waivers
State bar associations are jumping into the roiling debate over the attorney-client privilege-waiver issue triggered by the U.S. Department of Justice's Thompson Memorandum. Several states have recently convened task forces to fight the 2003 directive, which, among other things, instructs prosecutors to trade leniency for waivers of the attorney-client privilege during corporate investigations. One litigator said it's part of the legal community's pushback against a perceived "culture of waiver."The Churn: Lateral Moves and Promotions in The Am Law 200
Five lawyers migrate from Morgan Lewis to Greenberg Traurig; Jones Day expands its Hong Kong office; and Katten Muchin adds a real estate partner in Washington, D.C.Trending Stories
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