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2007 Fast Track Winners Announced
The following are the names of the 35 Pennsylvania attorneys who have been selected as this year's Lawyers on the Fast Track. They will be honored at the annual Fast Track Dinner in Philadelphia Sept. 20. With the help of a panel of judges, The Legal Intelligencer and Pennsylvania Law Weekly have selected from your nominations these individuals as the future leaders of the state's legal community.Law Firms Raise $800,000 So Far to Aid South Asians
New York lawyers are making sizable contributions to the worldwide tsunami disaster relief effort.Bankruptcy Border War Ends With Milbank Win For Grupo Mexico
A four-year bankruptcy battle for control of Asarco finally ended Wednesday when the Arizona-based mining company emerged from Chapter 11 and into the arms of its long-lost parent, Grupo Mexico. It was the largest environmental claims settlement in bankruptcy history -- worth more than $200 million in billable hours to legions of lawyers. The matter entered its final stage last month in Brownsville, Texas, when a judge approved a $2 billion plan by Grupo Mexico to reacquire Asarco out of bankruptcy.Cozen Adds Dilworth Securities Group to Its D.C. Office
Cozen O'Connor has almost doubled its presence in Washington, D.C., by acquiring a four-attorney corporate and securities group from Dilworth Paxson led by partner Ralph V. DeMartino. Cozen O'Connor opened its Washington office four years ago with two corporate partners from Kutak Rock, and last year acquired four-attorney criminal defense boutique Asbill Moffitt & Boss, which included three partners and an associate. The Dilworth group brings Cozen O'Connor's D.C. lawyer head count to nine.California Justices OK Stock-Drop Suits
Refusing to close courthouse doors that are already shut in the federal courts, the California Supreme Court on Monday allowed investors who hold stock that declines in value to sue for fraud. But in clearing the way for so-called holder's actions, the court also erected high hurdles that corporate lawyers hope will restrict the number of such suits -- and may make them impossible to bring as class actions.Judge Shapiro Rules Vaccination Lawsuit Is State Court Case
Senior U.S. District Judge Norma L. Shapiro has ruled that a drug products liability lawsuit over a child who was allegedly rendered autistic due to adverse reactions to a battery of vaccinations must be litigated in the state courts even though the defendants plan to argue that the plaintiff failed to comply with the federal National Childhood Vaccine Injury Act.Associates React to Jones Day and Weil Gotshal Salary Raises
Jones Day and Weil, Gotshal & Manges have joined the list of law firms paying California first-year associates $160,000 rather than the $145,000 embraced by most homegrown firms. And now California's associate messageboards are crammed with anonymous young lawyers carping about their firms' failure to match the higher New York scale. But many associates accept the idea that New York and California are distinct markets -- and some would like to keep it that way.Trending Stories
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