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Early-retirement deal may boost O'Melveny's profits per partner
O'Melveny & Myers' offer of early retirement, first reported on The Recorder's Legal Pad blog, is a sign the firm is trying to improve two years of flat profits per partner, observers say. As the push for higher numbers continues, O'Melveny is in the company of many top firms seeking to boost profitability. Partners who are no longer eager to bill 2,000 hours a year, or whose practice areas are less profitable, are being given incentives to retire or find better environments for their specialties.Decades-Old Sotomayor Trademark Case Yields $4.7 Million Judgment Against Burlington Coat Factory
Long before she rose to the U.S. Supreme Court, Justice Sonia Sotomayor was a trademark lawyer representing Fendi. And at least one of her cases, reports sibling publication The Am Law Litigation Daily, is still kicking around.View more book results for the query "*"
Rice to Run for Third Term as Nassau D.A.
Kathleen Rice said her priorities will include a continued crackdown on violent and cyber crime and redoubled efforts to root out fraud against taxpayers.Daily Decision Alert: Vol. 6, No. 82 -- April 30, 1998
Pillsbury Releases Associate Deferral Details, Offers $60K in Goodbye Money
Pillsbury Winthrop Shaw Pittman has deferred more than half its fall class until January 2010, and the rest until January 2011, the firm announced. And, if the associates want to go away altogether, Pillsbury will hand them a check for $60,000. Only one other firm that we know of, Stroock, did that and their check was for $75,000. "[R]egardless of whether they start in 2010 or 2011, we view each incoming associate as a member of the Pillsbury team," said Pillsbury Chair Jim Rishwain in a firm statement.Trending Stories
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