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Jenkens & Gilchrist's agreement to a proposed $75 million settlement of litigation by former clients may have eased some of the firm's woes, but all is not yet smooth sailing. A federal judge's approval is still needed, as is participation by the disgruntled ex-clients, who were seeking tax advice. Still, there are hopes the proposal will slow the departure of lawyers from the Dallas-based firm, which has shrunk by about one-fourth in three years.
March 16, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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