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Dewey, LeBoeuf Announce Plans to Merge
Dewey Ballantine and LeBoeuf Lamb Greene & MacRae have agreed to merge, creating a firm of over 1,300 lawyers.Sullivan & Cromwell Suit Against Vendor Highlights Problems With E-Discovery
Cadwalader Laying Off 35 In Wake of Slumping Markets
Cadwalader, Wickersham & Taft's large practice advising on the issuance of mortgage-backed securities helped catapult the firm to the top of the legal profession's profitability charts over the past few years. But the market for such securities has all but disappeared since late summer, leading the firm to announce it was laying off 35 lawyers.Two Conferences: Same Time, Different Coasts
Law firm managing partners who enjoy schmoozing at power confabs will face a choice worthy of Solomon this week, as two of the year's most-anticipated law firm management conferences are both set to take place on Thursday and Friday, both at Ritz-Carlton hotels no less, but at opposite ends of the country.IBM, Micromuse Deal Could Send HP Shopping
IBM's proposed $865 million acquisition of network management company Micromuse could force Hewlett-Packard to ramp up its own acquisition strategy. IBM says the deal will allow it to provide services to companies looking for software to manage increasingly complex networks. Analyst John Rizzuto of Lazard Capital Markets said he expects IBM to leave Micromuse's processes alone. "They won't rock the boat with Micromuse's distribution and its customers," he said.Denial of Funds to Yale Law School Upheld Over Military Recruiter Ban
Citing a 2006 U.S. Supreme Court decision finding that a government policy of withholding money to schools that bar military recruiters does not violate the First Amendment, the 2nd Circuit on Monday reversed a Connecticut federal court judge's contrary opinion and found that Yale Law School can be denied certain federal funding. The Solomon Amendment denies some federal funding to an academic institution if even one part of the institution does not allow military recruiters access to its campus.Trending Stories
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