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December 06, 2007 |

Secured Transactions

Alan M. Christenfeld, a partner at Clifford Chance US, and Shephard W. Melzer, a partner at Fulbright & Jaworski, write that with the collapse of the subprime loan industry and its effects on credit markets generally, players in the loan trading market are experiencing an increase in activity as loan originators and secondary holders shed loan assets from their books and distressed debt investors look for new opportunities.
14 minute read
April 11, 2013 |

Changing Law and Practice: A Columnist Looks Back

In his final Antitrust Trade and Practice column, Neal R. Stoll, a partner at Skadden, Arps, Slate, Meagher & Flom, describes his experience as a columnist and attorney over the past four decades.
12 minute read
November 21, 2005 |

End the Paradox of In re Wilson

N.J.'s rule prohibiting disbarred attorneys from returning to the practice of law should be changed to allow reinstatement when the funds have been returned, the lawyer has taken remedial measures to correct the problem and he has comported himself as an honorable member of society since then.
3 minute read
May 16, 2007 |

A New Executive Compensation Model

Joseph W. Bartlett and Millicent Lundburg, of counsels at Fish & Richardson, write: If one believes, as we do, that the stock option regime has had an enormous amount to do with the employment gains and wealth creation in this country post-WWII, then the assault on stock option plans is not only unwarranted, it is counterproductive. Accordingly, it is critical to develop a model which will allow boards to borrow the best of stock option plans without the defects that have brought them into disrepute.
11 minute read
July 25, 2002 |

Question of Removal Involves Many Issues

As usual, the federal courts continue to confront myriad issues when determining the scope of the removal statute. Even the U.S. Supreme Court has become preoccupied with removal issues. During the current term, the Court decided another removal question, and granted certiorari to resolve another. It is fair to say that practice under the removal statute will continue to take interesting twists and turns.
9 minute read
July 09, 2008 |

How a law firm learned to train its leaders

When it comes to identifying and developing top leadership talent, law firms are way behind the curve. A recent survey found that only 20 percent of large law firms have formal leadership development programs — a dismal result, given the prevalence of such programs in other professions. Altman Weil consultant Douglas Richardson and Douglas Coopersmith, chief development officer at Buchanan Ingersoll & Rooney, describe how they worked together to develop a program ideal for the law firm setting.
6 minute read
April 08, 2009 |

Despite Decimated Job Market, Students Work to Change Big Firms

A decimated job market has turned the tables on top law graduates who not long ago were in high demand at big law firms. But a group of students from some of the best schools in the country sees power in numbers. The goal of Building a Better Legal Profession is to create collective action among students and associates from top schools to prod large firms to implement what it says are significant changes.
4 minute read
October 01, 2013 |

ILTA 2013 Blockbuster

The International Legal Technology Association's annual conference was a treasure trove for product news.
4 minute read
December 22, 2010 |

Let Courts Decide What's Law

To flatly declare, as Oklahoma did, that a court may not even consider religious law as part of an overall body of authority is a dangerous assault on judicial independence and the rule of law.
4 minute read
November 02, 2010 |

DOJ Steps Up Enforcement With 2 Big Cases

It may be Christine Varney's October surprise. In Varney's first 18 months on the job as head of the U.S. Department of Justice's Antitrust Division, agency lawyers have litigated just one civil case in federal court, against Dean Foods Co. That is, until October. In the space of two weeks, DOJ filed two high-profile antitrust suits, one against the major credit-card companies, the other targeting Blue Cross Blue Shield of Michigan.
6 minute read

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