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Bad Year for N.Y. Law Firms Handling M&As
How bad a year was it for New York mergers and acquisitions lawyers? Just ask any lawyer not aboard for Pfizer's $61.3 billion acquisition of Sweden's Pharmacia, which accounted for almost 15 percent of the total value of announced U.S. merger activity in 2002. The dearth of U.S. deals even knocked New York firms off of the summit of the worldwide rankings.Inadmissible: Women, Minorities, DOJ; Food Lawsuits; and More
Women, minorities paid less at DOJ; junk (food) science; Howrey goes Hollywood; 16 D.C. lawyers make Black Enterprise magazine list; and more.Deal Watch: Troutman rounds up troops for refinancing
Troutman Sanders attorneys knew a storm was raging outside as they sat in a conference room on the 47th floor of the Bank of America tower. They saw police and firefighter equipment lights flashing near the Georgia Dome and they heard fierce winds howling.But they didn't have time to worry about what turned out to be the tornado that struck downtown Atlanta the evening of March 14.For Law Firm Associates, It's Been a Decade of Thrills and Chills
It was a wild ride for associates at big law firms during the first decade of the century. In the end, most everyone was a little queasy from the experience. Between 2000 and 2009, law firms doled out jaw-dropping bonuses, lavished benefits and hiked first-year salaries to a point that drew the envy of federal judges. The decade also featured mass job cuts, pay reductions and a decided shift in power for recent law graduates, many of whom, at decade's end, were clamoring for even part-time work at living-wage levels.Freshfields, Local Firms Look Forward to $13 Billion Telecom Tie-Up
Freshfields Bruckhaus Deringer and four leading firms from India and South Africa have landed roles in negotiations that could bring about India's largest-ever M&A deal. Bharti Airtel and MTN Group are getting closer to announcing a transaction creating the world's largest international telecom provider. The deal ramped up in May, when talks between New Delhi-based Bharti and Johannesburg-based MTN started heating up over a shareholder swap that would precede a merger worth an estimated $23 billion.U.N. Prosecutor Helps Convict Rwandan Trio
Imone Monasebian is home for the holidays and the comparative tranquility of New York City, where she was a hip-hop journalist and poet some years ago. But her thoughts never stray far from the gravity of her legal work in East Africa.Choice of SEC Head Lauded by Securities Lawyers
President Bush has selected William H. Donaldson, a co-founder of investment bank Donaldson, Lufkin & Jenrette, to chair the Securities and Exchange Commission, replacing Harvey Pitt, who resigned last month. Donaldson comes to the SEC at a rocky time, as it conducts a record number of investigations in the wake of the stock market decline and a rash of accounting scandals. Securities lawyers praised the selection.BigLaw Partner With Ties to Obama Switches Firms, Take Practice Chief Role
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