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Firms Losing Top Talent to Clients
Law firms that have watched attorneys move to in-house jobs with their clients traditionally viewed departures as an endorsement of their services and a way to re-enforce connections with clients. But with talent in high demand, law firms aren't so eager to say goodbye. "Even if it's to a client, you still don't want to lose your top talent," says Sonnenschein's Kara Baysinger. But going in-house is attractive to outside counsel who perceive in-house positions as offering a work-life balance.Contracting for Expanded Court Review in Arbitration Agreements
Today it is almost impossible to prevent an arbitration award from being reduced to a final, enforceable judgment unless both parties ask or require the district court to engage in de novo review of the arbitral award. In five of the 11 federal circuits, courts may review factual findings for substantial evidence and review legal conclusions for errors of law if the parties made that part of their agreement to arbitrate.Center of Power: ERCOT GC Balances Free-Market Competition, Electric-Grid Reliability
Several years ago, deregulation transformed the Texas electric system, replacing monopolies with competition. Now, in the wake of a 2003 blackout in the Northeast, Texas' system is undergoing partial re-regulation, and Michael G. Grable has his hand on the switch.Trending Stories
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