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October 03, 2008 | New York Law Journal

No Basis for Loss of Custody, Panel Concludes

6 minute read
November 03, 2006 | Law.com

Cash Balance Plan Found Contrary to Age Bias Ban

Cash balance plans are age discriminatory under ERISA, a federal judge has ruled. Judge Harold Baer became the first judge in the Southern District of New York to make that finding and the second judge to do so in the courts of the 2nd Circuit, which will eventually have to resolve a split on the issue. The judge's ruling came in In re J.P. Morgan Chase Cash Balance Litigation. The case, Baer said, depended on how to interpret ERISA's anti-age discrimination provision for defined-benefit plans.
5 minute read
September 19, 2013 | The American Lawyer

Asia Deal Digest: September 19, 2013

* Paul Weiss, Baker & McKenzie advise Chinese Internet giant Tencent on a $448 million search investment* Four firms on an $860 million Singapore delisting* Amarchand on $600 million Indian cement plant acquisition
6 minute read
October 02, 2007 | Law.com

Finding Profit in Nonprofits

San Francisco solo Gene Takagi left Sheppard, Mullin in 2005 to launch his own nonprofit practice, and his client list has been growing. He's not the only lawyer doing well in this sector.
6 minute read
August 09, 2006 | Law.com

Multimillion-Dollar Dispute Over World Trade Center Insurance Sent to State Court

A dispute over whether up to $525 million in insurance proceeds has been jeopardized by an agreement reordering ownership rights at the reconstructed World Trade Center site must be decided in state court, a federal judge has ruled. Judge Michael B. Mukasey rebuffed a bid by seven insurance companies to remove to federal court a state lawsuit brought by the Port Authority and developer Larry A. Silverstein seeking a ruling that the new ownership arrangement doesn't affect the insurers' payment obligations.
5 minute read
April 27, 2007 | National Law Journal

N.Y. High Court: Davis Polk Didn't Commit Malpractice, Is Entitled to Fee

Davis Polk & Wardwell did not commit legal malpractice in its handling -- ultimately successful -- of a long-standing federal tax case for the AmBase Corp. and is entitled to a fee of more than $1.4 million, the New York Court of Appeals ruled unanimously Thursday. Though it won the tax case, AmBase balked when Davis Polk submitted a bill for a "success fee" that was provided for in the retainer agreement between the company and the firm.
5 minute read
September 11, 2007 | National Law Journal

Recruiting Sites That Draw Thumbs Down

Attorney Robert Ambrogi turns his thumb down on the flubs, duds and missteps in legal cyberspace -- from video vexations to browser blunders. Though many firms have revised their recruiting pages, he surveys the career sites created by law firms that fail to take full advantage of Web site potential.
6 minute read
June 14, 2005 | Law.com

Coudert Shutters Long-Standing S.F. Office

After more than 30 years in San Francisco, Coudert Brothers is closing up shop. The firm told its attorneys and staff Monday that it is shuttering the 12-lawyer office. The closure follows a string of defections, which left the office with just two partners. Coudert has been losing partners in other offices as well; since 2000, it has closed eight offices. Most recently, the nine partners in Coudert's London office and the three in its Moscow outpost jumped to Orrick, Herrington & Sutcliffe.
3 minute read
March 30, 2007 | Law.com

Expenses of Going Public May Discourage Small Funds From Following Blackstone's IPO Lead

Although last week's IPO announcement by giant private equity fund The Blackstone Group has been hailed as a watershed event on Wall Street, some lawyers don't think it portends a rush by smaller, regional funds to go public. Because of the fund's success in the private equity world, it has enough leverage to avoid some of the headaches of going public, such as activist shareholders. And its compliance costs will only amount to a tiny fraction of overall expenses, said Alston & Bird partner Teri T. McMahon.
5 minute read
May 09, 2006 | Law.com

N.J. First-Year Associate Pay Pushed Up 7 Percent

New Jersey firms bumped up first-year associate salaries this year to an average of $106,410. The fact that salaries, which had been increasing only modestly since the late 1990s, are entering a boom phase means law firms are busy and need to staff up. And while they can't match New York or Philadelphia salaries, Kirkpatrick & Lockhart Nicholson Graham's William Hyatt Jr. says New Jersey has an edge in other respects: "the number of hours expected from associates, the camaraderie, the quality of life."
5 minute read

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