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Despite the efforts of Mayer Brown's Stephen Shapiro, Amman, Jordan-based Arab Bank plc failed last week to reverse what it has called a "disastrous" ruling in its billion-dollar court battle with victims of terrorist attacks and their families.
Seyfarth Shaw plans to link merit pay and billing rates for associates
Seyfarth Shaw rolled out more details Wednesday on how its new merit-based compensation system for associates will work. The new merit levels will be the basis for how much the firm charges clients for associates' legal services, the firm said.SEC Goes After Countrywide CEO and Other Top Execs
The Securities and Exchange Commission is going after its highest-profile target yet as it sorts through the wreckage of the subprime mortgage meltdown: former Countrywide Financial CEO Angelo Mozilo, who has been charged with securities fraud and insider trading. Also charged are Countrywide's former COO and president and its former CFO. The SEC accuses the three senior executives of misleading the market by falsely assuring investors that Countrywide was primarily a prime-quality mortgage lender.What I Learned This Summer at ILTA'06
What did law firm tech personnel take away from the International Legal Technology Association's 29th annual meeting in Orlando, Fla., last week? Brett Burney, legal practice support coordinator at Thompson Hine in Cleveland, has some thoughts.Phila. Leads Pack in Summer Associate Survey
Philadelphia law firms evidently have something new to crow about: the success of their summer associate programs.A U-Turn to Avoid Regulatory Roadblocks
Just as signs of life are emerging from the deal market with credit thawing and companies peeking out from their protective shells, Utz Quality Foods pulled out of a deal to be acquired by Snyder's of Hanover after the FTC requested more details from the company in a second round of information-gathering done as the commission reviewed the deal for approval. The collapse of the deal raises questions about whether an increased regulatory climate could stall the comeback of corporate unions.Commentary: A Day in the Life of a Regulatory Lawyer
Lawyers might think one could become lonely as a Food and Drug Administration regulatory attorney in the Lone Star state, says Rebecca Jones McKnight. Most lawyers in her line of work spend the bulk of their time closer to the other Capitol, the one that is 7 feet shorter than the Texas Capitol. But with the wonders of technology and periodic trips to D.C., she never has a lonely or boring day.10 N.Y. Firms Listed as Best for Women
Roughly half of the law students across the country presently involved in on-campus interviews have a personal stake in this question: Exactly which large firms are best for women? Conveniently, the second annual survey by Flex-Time Lawyers and Working Mothers Magazine was released Tuesday, listing the nation's top 50 shops in terms of work-life balance, mentoring opportunities for women, retention of female attorneys and family accommodation.Trending Stories
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