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Spring Bonuses Pop Up at V&E, Akin Gump
Everything's coming up green for associates and counsel at Vinson & Elkins and Akin Gump Strauss Hauer & Feld. Both BigTex firms, following a market move by many large New York City firms, will pay spring bonuses in May to associates and counsel who received 2010 year-end bonuses. Joe Dilg, V&E's managing partner, says V&E is committed to keeping associate and counsel compensation within the market range.Former In-House Banking Lawyer Found Guilty of $12 Million Fraud
The former deputy head of legal at Bank of Tokyo-Mitsubishi has been found guilty of a multimillion-dollar fraud, a U.K. court ruled Tuesday. Former in-house lawyer Kate Johns faces jail for her crimes, with a sentence to be handed down in December. London's Southwark Crown Court ruled that Johns was guilty of having repeatedly conned colleagues into signing off large sums of money for investment. In total, the bank lost 7.4 million pounds ($12.3 million) as a result of the scam.Budget Cuts to Hamper PTO's Efforts to Reduce Application Backlog
Recent federal budget cuts to the U.S. Patent and Trademark Office will take a toll on the agency's efforts to cut its massive patent application backlog.Phila. Bar Association Run Sees Record Turnout
A record 1,592 registered for and 1,262 runners and walkers finished the 2010 Philadelphia Bar Association 5K Charity Run, which benefits the Support Center for Child Advocates. At the time of this article, it is expected that more than $100,000 was raised for the center.Candidates Line Up for First Judicial District Court Seats
Twenty-six candidates are vying for seven vacant seats on the Philadelphia Court of Common Pleas in the May 17 primary election.In Wake of '09's Chaos, Midsized Firms Find a Sense of Normalcy
Although 2009 was a somewhat chaotic year for the small and midsized legal community as the recession stifled some practice areas while propping up others, 2010 seemed a bit more calm if only because little changed.Lawyers on the Fast Track Profiles
Michael BerryBigTex Combined Gross Revenue Drops in '09
Combined gross revenue of the 25 Texas-based firms included in Texas Lawyer's Annual Report on Firm Finance posted a rare decline in 2009 of 3.7 percent compared to 2008, and net income was flat. Thirteen of the firms boosted their net income in 2009, including Gardere Wynne Sewell. Stephen D. Good (pictured) of Gardere says his firm saw an increase due to some extraordinary contingent-fee income.Trending Stories
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