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Star Turn for Hollywood Newcomers
A few players are catching their big break in entertainment law, but for most, there's still no business in show business.Akin Gump, Orrick Explore Merger Possibility
Orrick, Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld confirmed Tuesday that they are engaged in "preliminary discussions" about the possibility of combining, potentially reshaping the legal landscape by creating a more than 1,800-lawyer firm with revenues of more than $1.5 billion. News of the potential deal comes amid renewed interest in mergers among the United States' law firms, with activity picking up after a drop-off in the recession.Ex-Associate's Suit Proceeds Against Labaton Over Origination Fees
A former Labaton Sucharow associate can pursue nearly $12 million in legal fees he claims his ex-employer owes him for his role in bringing in New Mexico's pension funds as clients, a New York state judge has ruled. Although the judge dismissed a series of claims brought by Jon Adams against Labaton, she left in place Adams' claim that the firm breached an agreement by not giving him a share of multimillion-dollar fee awards stemming from securities settlements with HealthSouth Corp., St. Paul Travelers and other cases.Star Turn for Some Hollywood Newcomers
When Summit Entertainment needed an attorney to help promote its new vampire movie, "The Twilight Saga: New Moon," general counsel David Friedman turned to an old colleague from his former Paramount Pictures job. That lawyer, Nancy Derwin-Weiss, had moved to Wildman, Harrold, Allen & Dixon and helped it break through the barriers that have frustrated more than one East Coast firm's ambition to go Hollywood. And at least three other firms from outside California are using similar tactics to get into entertainment law.At the Justice Department, Mendelsohn pushed to make Foreign Corrupt Practices Act cases a priority. In so doing, he generating a boom in demand for FCPA defense lawyers. Now he--and his new firm--are poised to benefit from his entry into the market he created.
Bar Drafts Loan Forgiveness Propsal
BY THE end of the month, members of the New York State Bar Association Executive Committee will have in their hands a draft proposal that would offer law school debt relief to young attorneys in return for devoting at least part of their careers to government or public interest law.Trending Stories
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