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Commentary: This Is Your Destiny, Law Firms
Fee breaks and flat-fee agreements, even among elite firms, will become much more common in the future, say a trio of legal recruiters. From paths to partnership to methods of compensation, tomorrow's law firm will be a very different place, they predict. Pressure to change will trickle down from the biggest firms and their key clients and will affect lawyers and professional service firms throughout the market. To stay relevant and profitable, the recruiters say, law firms need to stay ahead of the trends.For the second time in four months, a state court judge in Manhattan has allowed a Dutch pension fund and its lawyers at Grant & Eisenhofer to proceed with RMBS claims against a big bank. But the judge threw the banks a major bone, ruling that the fund is bound by strict Dutch time limits that could undermine its case against Credit Suisse and possibly other defendants.
Man Sentenced In Paula Deen Extortion Plot
The man accused of trying to extort $200,000 from embattled Southern celebrity chef Paula Deen has been sentenced to two years in federal prison.View more book results for the query "*"
Silicon Valley Makes D.C. Beachhead
Silicon Valley's geeky libertarian coders have risen as power players since Microsoft went to Washington, D.C., a decade ago in Bill Gates' white van. Now prominent senators such as Barbara Boxer attend tech exec-studded fundraisers and push the EU on approving high-tech mergers.ConnectU Sued for Slice of $65M Facebook Deal
A Boston developer of peer-to-peer file-sharing software and his company are suing the now-defunct social media site ConnectU, its founders, its law firm, and a partner at the firm, for allegedly cutting him out of Facebook's $65 million settlement with ConnectU's founders.Trending Stories
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