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Partners for Women and Justice — 2011 Pro Bono Attorneys
Notice to the bar.The Churn: Lateral Moves and Promotions in The Am Law 200
King & Spalding hires a former Amgen Inc. vice president; McDermott Will & Emery adds partners in Washington, D.C., and New York; and O'Melveny brings on a securities attorney in its Hong Kong office. The Churn is constant. Please send all announcements to [email protected].
Some Law Firms Reach Out to Gay Attorneys
Gay lawyers always have made important contributions in the legal profession. In today's cutthroat recruiting environment for legal talent, however, more large firms are aggressively reaching out to talented gay lawyers. According to Holland & Knight partner Gregory Baldwin, that's a positive sign for all minority groups. "If a law firm or a business is willing to have and protect openly gay people from discrimination, then it's certainly going to do that for racial and ethnic discrimination," he says.
Court Holds Securities Act Statute of Repose Not Tolled
In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp, members of Paul, Weiss, Rifkind, Wharton & Garrison, review a decision in which the court held that 'American Pipe' tolling does not apply to the three-year statute of repose in Section 13 of the Securities Act of 1933, regardless of whether 'American Pipe's' tolling rule is characterized as "equitable" or "legal" in nature.DLA Piper to Abandon Lockstep Under New Associate Compensation Plan
DLA Piper has released the details of a new associate compensation model that throws out lockstep in favor of a performance-based system. The plan does away with minimum billable hour requirements and pay increases based on years of service. Instead, firm managers will consider "value delivered to clients and the firm, not tenure or hours," according to a memo released to associates on Tuesday. The new system takes effect on Jan. 1.TRENDING STORIES
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Law Firm Operational Considerations for the Corporate Transparency Act
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