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China wall hit by global banks with 2 percent share after a decade
Five years after China said it fully met World Trade Organization obligations to open its economy to global financial firms, some companies are still largely shut out of the world's third-biggest banking market.DA Backs Off Top Count in Tyco Executives' Retrial
Prosecutors decided Monday not to pursue charges of enterprise corruption against former Tyco International Ltd. executives L. Dennis Kozlowski and Mark H. Swartz. But Kozlowski and Swartz still face charges of grand larceny, conspiracy, securities fraud and falsifying business records for allegedly taking more than $170 million in unauthorized compensation and loans -- charges which, according to an assistant district attorney, provide "an adequate scope of imprisonment."N.J. Clerkships Recover, Slightly, From Last Year's Precipitous Fall
After falling off a cliff in 2010, summer hiring at large New Jersey firms appears to have stabilized, though at levels well below those of recent years.The higher pay/more billables rush
A SURVEY CONDUCTED by ABA Journal and published in the February 2007 edition indicated that an overwhelming number of the young lawyers who responded to the survey would welcome an opportunity to work less for less pay. "Of the 2,377 respondents who answered all or part of the survey, 84.2 percent indicated they would be willing to earn less money in exchange for lower billable-hour requirements.Cite as: Elmaliach v. Bank of China Ltd., 102026/09, NYLJ 1202501089993, at *1 (Sup. NY, Decided July 7, 2011)Before: Justice Barbara R. Kapnickp class="de
Considerations for Young Lawyers in the Wake of the PSU Scandal
Ever since former Penn State University assistant football coach Jerry Sandusky was charged in November 2011 with sexually molesting young boys, the school has remained a lightning rod for controversy, and after the recent sanctions imposed by the NCAA, some wonder whether the school's once-revered football program will survive. Regardless of where you stand on the university's handling of the incident, one thing is clear: much could have been done to avoid it.Judicial Profile: Marjorie Slabach
"My mantra is 'talk to each other, listen to each other, settle, settle, settle,'" says Commissioner Marjorie Slabach, who spent 14 years as a family law attorney before the court hired her in 1997. Above all, attorneys seem grateful to go before someone from among their ranks, especially someone who has stuck with family court for several years. The commissioner knows family law up and down, and not much gets past her, lawyers said.Even global crises have a bright side
Sure, the global economic system is teetering on destruction and the failure of Wall Street's giants seems to have taken the wind out of stockholder lawsuits intended to recoup some of investors' staggering financial losses. Add to that the U.S. Supreme Court's inclination, with rulings like Stoneridge, to make it harder for plaintiffs to make financial evildoers pay. But don't count out plaintiffs' lawyers' capacity for innovation.In New Book, GrayRobinson Partner Revisits Judicial Role in Bush v. Gore
As the Florida Supreme Court's then chief justice, Charley Wells was at the center of the controversial 2000 presidential election. In his new book, Inside Bush v. Gore, Wells returns to the tense 36-day legal standoff that ended with the U.S. Supreme Court decision that delivered the White House to George W. Bush.Trending Stories
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