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Wachovia, First Union Amend Key Provisos
Merger partners Wachovia Corp. and First Union were obliged Wednesday to amend key portions of their breakup fee arrangement in order to placate shareholders considering a rival hostile offer from SunTrust Banks. SunTrust reportedly plans to continue with its bid, but hinted that the changes may be enough for SunTrust to drop its legal challenge to the Wachovia-First Union agreement.High-Tech Issues Focus of ABA Meeting
The technology of the digital age and its impact on the legal system -- from jurisdictional questions regarding the Internet to the design of an ultra-modern courtroom -- will be a focus of the American Bar Association's Annual Meeting starting today in Manhattan.Boutique Makes a Name in Associate Salary Wars
When the small Manhattan firm Duval & Stachenfeld handed out a slate of year-end associate bonuses that trumped the market-leading largesse of old-line firms like Cravath, Swaine & Moore and Sullivan & Cromwell, the reaction in much of the legal community was a collective "Who?" But to hear firm co-founders Patrick W. Duval and Bruce M. Stachenfeld tell it, that was just the response they were after.Young MoFo Partner Lands Hot Silicon Valley GC Gig
After making partner two years ago at Morrison & Foerster — Dawn Smith has landed the job as general counsel at one of Silicon Valley's biggest new companies, VMWare Inc.Trending Stories
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