Stories of the Day -- Monday, June 1, 2009
Relationships Are Key in Job Searches
Fulton County Daily Report
Traditional tools for finding a new job are not likely to work for the growing multitude of lawyers who have been laid off, according to a panel of recruiters and consultants who spoke in Atlanta last week. Resumes and recruiters are not going to be nearly as helpful as relationships and self-reliance, they said. And while it's important to talk with a recruiter and rewrite a resume, the key is working full time at looking for a job.
The Forecast on Earnings Guidance
New York Law Journal
Over the past few years, an increasing number of U.S. public companies have discontinued or modified the practice of issuing quarterly earnings-per-share guidance and, in the current financial crisis, this trend has accelerated. Attorneys David A. Katz and Laura A. McIntosh examine the implications of the movement away from quarterly EPS guidance in favor of annual forecasts or individualized programs of disclosure.
Merged Thomson Reuters Keeps Combined Outside Counsel Roster
Legal Week
A year after the merger between the Thomson Corp. and Reuters -- which created the world's largest information multimedia news agency -- and there has still been no review of the new company's fused panel of U.K. legal advisers. And according to Daragh Fagan, Europe, Middle East and Africa general counsel for Thomson Reuters Markets division, there are no plans for one. Fagan believes that as the recession continues, going outside London for legal advice will become more common among large companies.
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Companies Spent 7 Percent Less on Legal Fees in Q1
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