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Immergut Steps Down as Chair of Milbank After 16-Year Run
"My hope is that I will walk out of the building and no one will notice that anything has changed," said Mel Immergut of the carefully planned transition to the newly elected chair, Scott Edelman. But the hand over marks the end of a remarkable run for one of the oldest firms in the city, one whose future was not guaranteed when Immergut took the reins.The Layoff List: By the Numbers
Employment shifts at The Am Law 200, Global 100, and Other Firms of NoteU.S. Firms in London Say They're More Merger-Minded
Legal Week's annual survey of U.S. firms in London reveals that 47 percent of respondents would consider a merger with a U.K. firm, up from 39 percent last year and just 29 percent in 2005. The trend may signal that firms realize how hard it is to grow organically in the London legal market, which by some measures is now the most costly in which to operate worldwide. Putting additional pressure on U.S. firms: the weak dollar and the related disadvantage in attracting heavy-hitting London partners.Microsoft Deputy GC Discusses Yahoo Deal, Chinese Hackers
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