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Cite as: In re American International Group, 08 Civ 4772, NYLJ 1202472640317, at *1 (SDNY., Decided September 27, 2010)Judge Laura Taylor Swainp class="dec
Venturing Overseas for Software Services
HE RECESSION and events of last fall may have caused a slowdown in the U.S. economy, but they have not derailed the growing trend of U.S. corporations to reach beyond our borders for software development and maintenance services. In fact, it is quite likely that the business downturn, and the corresponding pressure it has placed on companies to cut costs, has contributed to an acceleration of overseas sourcing. For corporations large and small, located in Silicon Alley, Silicon Valley or elsewhere, the everIRS Cracks Down on Tax Shelters
No issue has rumbled through the tax community more noisily in recent years than that of corporate tax shelters. New IRS regulations aimed at squelching the most abusive shelters have generated a torrent of commentary from tax advisers, promoters and business clients.Don't Cut Attorney Training, Just Reduce Some of the Cost
TRAINING PROGRAMS are often the first fatality in a tight economy. They are big-ticket expenses, considered to be luxury items aimed primarily at enhancing recruitment and retention strategies. Given that current market forces have shifted, and it is once again an employer market, training programs are in danger of being deemed expendable. The current thinking is, elimination will improve the bottom line without harming recruiting and retention efforts.Hogan & Hartson Opens Hong Kong Practice
Hogan & Hartson on Thursday became the first major law firm from the U.S. capital to open an office in Hong Kong, a competitive market that has proved difficult for many top American firms. Only two years ago, two New York-based law firms closed Hong Kong offices due to lack of sufficient business. Hogan & Hartson's return is the result of China's economic growth and the soaring interest from foreign private equity investors in the region.The Churn: Lateral Moves in the Am Law 200
Allen & Overy loses a U.S. practice group leader; an associate general counsel at the Office of the U.S. Trade Representative joins K&L Gates; and an Internet law and policy attorney heads to Steptoe & Johnson. The Churn is constant. Please send all announcements to [email protected].Trending Stories
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