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June 01, 1999 | Law.com

The Gamble on Contingency Cases

Mark Lipowicz persuaded senior partners at Philadelphia's Duane, Morris & Heckscher to join the stampede of state tobacco cases, as co-counsel to the state of Pennsylvania, on contingency. The assignment was atypical for Duane, Morris, a general practice firm that had grown up on the backs of local banks, manufacturers, and insurers. In the end, Duane, Morris didn't have to bet the ranch. As part of the $206 billion tobacco settlement announced last year, the firm will pocket $25 million.
16 minute read
March 01, 2008 | The American Lawyer

The Lost Generation?

Demoralized and dispirited, big-firm associates are defecting in droves. Here's what firms, and their clients, can do about it.
10 minute read
June 21, 2004 | Law.com

Firms Dangling Record Bonuses Before Law Clerks' Eyes

The intense annual competition to lure elite Supreme Court law clerks to top law firms is reaching record heights this year, with some firms offering jaw-dropping hiring bonuses of $150,000 or more. The bonuses, added to base salaries in the third-year associate range, make it likely that some of the court's 35 law clerks this term will be paid upward of $300,000. News of the stratospheric hiring bonuses comes even as the court itself is signaling discomfort with some law firms' clerk-recruiting practices.
9 minute read
April 19, 1999 | Law.com

Assault on the Vault

While Glendale Federal's recent $909 million victory against the federal government in the U.S. Court of Federal Claims received wide notice, little attention has been paid to a key factor in the California bank's success: the sophisticated collaboration among lawyers representing plaintiffs in Glendale and about 120 other related cases.
8 minute read
January 17, 2007 | National Law Journal

Judges Look to Clerks With Experience

The increasingly older talent pool applying for federal circuit court clerkships has risen the past couple of years as lawyers seek to boost their resumes. The trend reflects the growing number of federal judges who have done an about-face by requiring law clerks who draft opinions and research questions of the law to obtain some real-world experience. "There's a huge advantage once you've practiced for a year in deciding what kind of [clerk] experience you want," says O'Melveny & Myers' Brian Brooks.
6 minute read
April 20, 1999 | Law.com

Winstar

Glendale Federal's $909 million verdict against the government earlier this month sent an unambiguous message: Many of the financial institutions and millionaire investors burned by the savings-and-loan bailout in of the 1980s are poised to now make the federal government pay a heavy price.
8 minute read
January 17, 2007 | Law.com

Judges Look to Clerks With Experience

The increasingly older talent pool applying for federal circuit court clerkships has risen the past couple of years as lawyers seek to boost their resumes. The trend reflects the growing number of federal judges who have done an about-face by requiring law clerks who draft opinions and research questions of the law to obtain some real-world experience. "There's a huge advantage once you've practiced for a year in deciding what kind of [clerk] experience you want," says O'Melveny & Myers' Brian Brooks.
6 minute read
March 10, 2010 | Law.com

The New China Hands

Just a decade ago, China's rise as an economic superpower still seemed uncertain. Back then, the China practice of major international firms was still mainly the province of the Old China Hands -- lawyers who perhaps had a deeper affinity for Chinese language and culture than the practice of law -- who focused on representing foreign companies opening factories and shops in China. But with the country's economic rise, the face of the China practice at international firms has grown increasingly ... Chinese.
15 minute read
December 22, 2011 | New York Law Journal

Regulatory Scrutiny Kills Mega-Merger of AT&T, T-Mobile

What would have been a landmark merger in U.S. telecommunications finally succumbed to litigation and regulatory pressure Monday, as AT&T officially abandoned its $39 billion bid for Deutsche Telekom's T-Mobile USA unit.
5 minute read
April 24, 2009 | The American Lawyer

Flash training 2010 Test: Part 2a

23 minute read

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