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As Chinese Investment in U.S. Heats Up, M&A Lawyer Carves Out a Niche
Womble Carlyle's Guanming Fang is carving out a niche with Chinese companies setting up shop in the United States. But when she started practicing law in 1998, she had no idea China would become so hot. "There is a much better opportunity for people like me who understand Chinese businessmen and can provide hand-holding for exploiting this market," says Fang, who majored in English lit at Zhongshan University in Guangzhou, her hometown, and covered the United States and Europe as a journalist in Beijing.With class certification briefing due next month, BofA may turn out to have been smart for getting out early from this sweeping MDL, which alleges that more than a dozen banks fleeced their most vulnerable depositors by charging exorbitant overdraft fees.
Not With a Bang but a Voicemail: Firm Partner Exits With Phone Message
Holland & Knight's Atlanta office lost two partners rather abruptly. Corporate finance and securities partner Allison Wade left the firm for Lord, Bissell & Brook, giving no notice and tendering his resignation through voicemail. In a separate move, Caroline C. Kresky, a commercial litigation partner, departed for Nelson Mullins Riley & Scarborough after giving a few days' notice.Georgia Law Grads Learn Marketing the Hard Way
The job market in the Atlanta area isn't so bleak that law school graduates will all have to wait tables, but they will have to work harder at selling themselves. Emory University School of Law's Patricia D. White says students entered law school in a strong economy, only to find the world has changed. Even so, she adds, "there are still very interesting legal jobs. You just have to work harder to find them, and it can take longer to find them."10 N.Y. Firms Listed as Best for Women
Roughly half of the law students across the country presently involved in on-campus interviews have a personal stake in this question: Exactly which large firms are best for women? Conveniently, the second annual survey by Flex-Time Lawyers and Working Mothers Magazine was released Tuesday, listing the nation's top 50 shops in terms of work-life balance, mentoring opportunities for women, retention of female attorneys and family accommodation.Progress Proves Elusive for Diversity in the Legal Profession
Five years ago, Roderick Palmore wrote "A Call to Action" -- a pledge signed by GCs at some of the country's largest corporations to make diversity a major consideration in their selection of outside counsel. Diversity efforts across the legal profession mushroomed, but real progress has been painfully slow. A sample of diversity advocates, law firm partners, GCs and law school leaders generally agree that the legal profession needs to make deeper, more collective changes to jump-start the stalled diversity movement.Unknown Salaries and Start Dates Don't Impact Law Firm Job Acceptance Rates
With graduation less than five months away, former summer associates in Texas have been accepting full-time offers even though some firm leaders, such as those at Vinson & Elkins, did not tell them their start date or salary. Despite the lack of information, the acceptance rate for V&E's job offers rose significantly over last year's. Perhaps not surprisingly, at a time when some firms didn't have summer programs and others extended no offers, acceptance rates have risen for several other Texas firms as well.11th Circuit: Public College VP's Internal Comments Not Protected Speech
A federal appellate court has held that a former Miami Dade College vice president's complaints about possible ethical issues concerning its president were not protected free speech because they were made internally and not publicly. If Adis M. Vila had made the comments to the news media or the public, they would have been protected under the First Amendment, the court said. The 11th Circuit panel's unanimous ruling April 20 relied heavily on a controversial U.S. Supreme Court ruling from last June.The U.S. Court of Appeals for the Second Circuit ruled Monday that states and conservation groups can sue power companies for allegedly contributing to global warming. The decision reverses a district court judge's opinion that the courts need an "initial policy determination" from the elected branches of government before taking on global warming nuisance claims.
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