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July 05, 2007 | Texas Lawyer

ALM Sold to Incisive Media

London-based Incisive Media has agreed to buy ALM, publisher of Texas Lawyer and other national and regional publications, for $630 million. The deal, which is expected to close at the end of the third quarter, will leave ALM's management intact. Incisive, which has annual revenue of $280 million, is a rapidly growing business-to-business publisher with operations in New York, London and Hong Kong.
4 minute read
July 23, 2003 | New York Law Journal

Panel Hears Two Theories on Twin Tower Attacks

5 minute read
March 05, 2003 | Law.com

Pension Funds Lose Bid to Return WorldCom Fraud Case to State Court

A federal judge has rejected a bid by nine New York City pension funds to have their fraud case against former WorldCom CEO Bernard Ebbers and others returned to state court. Citing the need to coordinate WorldCom's bankruptcy proceedings and the myriad shareholders suits filed against the troubled telecom company, the judge ruled that the case was rightly removed to the Southern District of New York.
3 minute read
July 26, 2006 | Law.com

N.Y. Judge Appoints Milberg Co-Lead Counsel in Backdating Suit

A New York judge has given a boost to Milberg Weiss Bershad & Schulman by appointing the embattled law firm co-lead counsel in a consolidated suit over stock option backdating. The appointment in the high-profile Comverse Technology backdating scandal would have been barely noteworthy for Milberg Weiss in the past, but since its indictment a number of judges around the country have questioned whether the firm should be awarded lead counsel status in upcoming matters.
5 minute read
December 13, 2004 | Law.com

Class Action Tilt

The Dutch parliament is set to change the litigation of class actions. The first such step in Europe, it will move the Netherlands toward the American system by expanding class actions' scope. Experts say the shift is part of a broader European trend toward a litigation model resembling the United States'. But in contrast to the situation in the U.S., businesses operating in the Netherlands support the expansion. American companies have lobbied to narrow class actions.
7 minute read
October 27, 2004 | Law.com

Working With the Same Client for 25 Years: Priceless

10 minute read
June 14, 2004 | Law.com

N.Y.'s Summer Associate Numbers Rival '90s Boom

Bucking a widespread trend, many New York law firms' summer associate classes have returned to levels not seen since the boom in the late 1990s, according to a Law Journal survey. While a combination of economic woes and lateral hiring have decimated classes elsewhere, New York's reawakened transactional practices and firms' accelerated staffing needs have kept most local programs in the pink.
5 minute read
October 10, 2005 | Law.com

Lawyers Bolt Practice to Write for TV's Lawyer Shows

During his law school years, Jeff Rake dreamed of being the golden-boy litigator, winning big cases. Well, that never happened, so now he just writes about the golden boy. A former labor and employment attorney, Rake was executive producer and writer of "Head Cases," about two lawyers who meet in therapy. Like many other ex-attorneys turned TV writers, Rake views TV shows as an outlet for creative talents that are too often lost on the legal profession.
7 minute read
August 12, 2005 | Law.com

Delaware Courts Address Indemnification, Advancement

Delaware courts have recently issued several noteworthy decisions addressing the rights of directors and officers to indemnification and interim advancement by the corporation of attorney fees and litigation-related expenses. These include rulings on when a corporate official's claim for indemnification accrues and the permissible scope of an advancement proceeding, and decisions in the protracted advancement dispute between Homestore Inc. and a former officer, which is now in the Delaware Supreme Court.
13 minute read
January 06, 2000 | Law.com

Watch Out World

If Keith Clark's shoulders are sagging a little more than usual these days, there's a good reason. As chairman of the world's largest law firm, he's carrying a globe on his back. New York's Rogers & Wells and Germany's Pdnder, Volhard, Weber & Axster merged with Clark's firm, Clifford Chance, to create a new 3,000-lawyer global behemoth with estimated revenue of $1.2 billion its first full year. Will the firms' herculean gamble pay off?
6 minute read

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