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The Score: Clifford Chance, Reed Smith See That Sid the Kid Gets Paid
The two firms--one of whom got the work through a key lateral hire--are advising on a $115 million secured syndicated revolving credit facility for the NHL's Pittsburgh Penguins. Plus: the lawyers behind a $300 million TV deal between ESPN and the University of Texas, civil suits by Ron Franklin, Mike Leach, and Tom Cable, and Barry Bonds and Roger Clemens fight back in our weekly look at sports and the law.Fenwick Hires Non-Lawyer to Introduce Clients to Venture Capital Funds
Every good Silicon Valley lawyer knows that success in a startup practice is more like gambling than simple math. It depends on making the right bets on the right companies with the right people. Hoping to up those odds, Fenwick & West took an unusual step this year, hiring Darrell Kong, a non-lawyer, to "manage relationships" between startup clients and venture capital funds. Kong is charged with spiffing up business plans for emerging company clients and introducing them to funds -- at no cost to clients.The Churn: Lateral Moves and Promotions in The Am Law 200
Willkie adds two finance attorneys to East Coast offices; King & Spalding plans for a Singapore office; and K&L Gates welcomes partners in Washington, D.C., and Beijing. Plus: Three new attorneys join Cozen O'Connor. The Churn is constant.Patent Holding Company XPRT Hits eBay With $3.2 Billion Infringement and Trade Secrets Suit
Want to know what gets our attention? Big numbers and good stories. And a 12-page Delaware federal district court complaint against eBay, PayPal, and StubHub filed this week has both.Dewey Hit with WARN Suit as Partner Departures Suggest Merger Didn't Take
Dewey & LeBoeuf's days are numbered, as more partners defected Thursday for Baker Botts, Clifford Chance, Mayer Brown, Orrick, Patterson Belknap, and a spin-off boutique. Plus, the struggling firm found itself hit with its first WARN suit, and federal regulators moved to take over its underfunded pension plans.Associates Search for the Perfect Salary Fit
With first-year associate salaries at large law firms converging at $135,000, The Recorder focused its annual associate salary survey on "midsize" players. For many associates, choosing a top-tier national firm or a smaller regional outfit is a matter of balancing personal priorities and professional interests. McDonough, Holland & Allen associate Daniel Wolk was willing to forgo a top salary for the comfort of a smaller firm with lower billable hours: "What McDonough gave me just made more sense."The Rights of Non-Party Witnesses in Trial Courts
Frank B. Lewis, a retired special referee of Manhattan Supreme Court, writes that a trial judge should not allow a situation in which a non-party witness is a doormat to be kicked around by adversary litigants.Trending Stories
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