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Firms Seek Big Names for Senior Advisers, Law Degrees Optional
They are often the biggest names at their law firms. Well-credentialed and well-connected, they are ideally situated to be rainmakers -- but J.D.s or not, they're not lawyers. Instead, they belong to the growing ranks of senior advisers, brought on to guide firms through non-legal intricacies of various markets and to provide access to prospective clients. And in the view of Covington & Burling's Stuart Eizenstat, it's the wave of the globalized future.Covington Seeks Summary Judgment in Discrimination Case
Covington & Burling asked a federal judge on Tuesday to grant summary judgment in the closely watched race discrimination suit against the firm filed by former staff attorney Yolanda Young. The judge last month dismissed one of Young's claims as time-barred but let another claim move forward. In its motion for summary judgment, Covington says that Young lacks the proper standing to file a discrimination suit because she was not personally affected by any of the firm's alleged discriminatory policies.All Eyes on High Court Property Cases
Landowners, businesses and governments are closely watching a trio of cases before the Supreme Court with the potential to make this the most important property rights term in nearly two decades. Each case, say government officials, poses the threat of countless and costly lawsuits by businesses or private homeowners who will claim that federal, state or local governments have "taken" their property in violation of the Fifth Amendment.DLA Piper Makes Measured Progress
It's now the second-largest law firm in the world, but the conglomeration has sceptics who deride its "Starbucks" approach.Lateral Partner Moves Spiked in 2009, New Report Shows
By most measures, 2009 was a dismal year for the legal industry. One notable exception to the drumbeat of record layoffs and bankruptcy actions: By our count, there was also a record number of lateral partner moves in The Am Law 200. In the 12 months ending Sept. 30, 2009, 2,775 partners left or joined the biggest firms in the United States -- a 10.6 percent increase in mobility over last year. Litigation partners led the pack, but banking and finance partners were close behind.Trending Stories
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