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Nasdaq's Move Bolsters Regulatory Unit
The National Association of Securities Dealers' plan to split off the Nasdaq Stock Market into a separate, for-profit company will significantly bolster the financial resources and independence of NASD's regulatory unit, according to a representative of the NASD. Pending approval by both the SEC and a majority of NASD members, NASD plans to convert Nasdaq into a separate profit-making company later this year. The plan was approved by NASD's board of governors on Tuesday.Outside Law Firm Cybersecurity Under Scrutiny
Bank of America Merrill Lynch is auditing the cybersecurity practices at its outside law firms, partly under pressure from government regulators.Bill Targets Lawyers Who Threaten Immigrants
Darrell Steinberg's legislation would expose lawyers to bar discipline if they retaliate against disgruntled workers.Gulf Coast Oil Rig Disaster Sets Off Gusher of Work for Attorneys
From Texas to Florida, the litigation rush is on, in the wake of the April 20 oil rig explosion off the coast of Louisiana. "It's sort of like a gold rush for clients," says Brian O'Neill, lead plaintiffs counsel in the 1989 Exxon Valdez spill. Plaintiffs attorney Mark Lanier says the Gulf Coast oil spill is much bigger than Valdez. "This makes the Valdez look like an oil leak in a car," Lanier says. "This is going to be, in my estimation, the largest tort we've had in this country."View more book results for the query "*"
N.C. Central dean returning to private practice
Raymond Pierce, the dean of North Carolina Central University School of Law, will step down at the end of the academic year to become a partner in the Raleigh office of law firm Nelson Mullins Riley & Scarborough.U.S. told to defend secret court actions
A Bush administration defense of secret judicial proceedings in a post-Sept. 11 challenge may encounter a more skeptical U.S. Supreme Court two years after the terrorist attacks.Wording of Debt-Collection Letters 'Could' Bring Problems for Lawyers
Warning to lawyers who do debt-collection work: Using the word could in a dunning letter could get you sued.Cleary, Wachtell lead on Google's $12.5 billion Motorola buy
Cell Towers Subject to County Real Estate Tax Assessments
A county tax assessment board may collect real estate taxes on cellular phone towers, a Commonwealth Court panel has ruled in a case with statewide implications for telecommunications companies.Trending Stories
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