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MCI's General Counsel Is a Corporate Rescue Worker
Stasia D. Kelly, executive vice president and general counsel of MCI Inc., knows what it means to be a rescue worker. She was initially recruited to help save WorldCom, a company beset by legal and regulatory problems and one "in total chaos, complete crisis and bankruptcy," as she puts it. Beginning the long road back to stability, WorldCom moved from Mississippi and re-emerged in Virginia as MCI, which operates one of the world's largest communications network systems.N.Y. Summer Associates' Buildable Hours
New York summer associates expect to roll up their sleeves and work, but this year, they might actually be strapping on tool belts and donning hard hats -- to help Habitat for Humanity build a new home for a low-income family. As explained by Latham & Watkins' Elizabeth L. Flanagan and Roger S. Goldman to representatives of 27 New York firms last week, "Buildable Hours" is the ideal summer associate project.N.J. Firms Boost Summer Clerk Pay
New Jersey's bellwether firms are willing to pay more than last year for summer clerks that may ripen into permanent hires.Tallying Up the TARP-Related Legal Fees Racked up by Am Law Firms
Insurance Debate Over Terror Attack Puts Billions on the Line
World Trade Center Payment Riding on Definition of `Occurrence`Sullivan & Cromwell Boosts Associates' Pay
New York's Sullivan & Cromwell is increasing associate base salaries by $20,000 across the board, with first-years due to receive $145,000 a year before bonuses. The move tops a round of salary increases led by Los Angeles firms, where first-year base salaries have gone from $125,000 to $135,000. Now other large firms around the nation, most of which have targeted New York for expansion, must decide whether they can keep pace.Trending Stories
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Why Embracing Change Is Essential for Your Legal Department
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How This Personal Injury Firm Reduced Client Intake Time by 80%
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The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation
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