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Cry the beloved CEOs and their 2.2 percent pay raises
IT'S TIME TO SHED A TEAR for those bloated, overpaid chief executive officers I often beat up on. Shocking as it may seem, over the past four years the total pay of U.S. CEOs has risen just 2.2 percent annually. That isn't much different from the paltry raises they give their employees. I reached th is conclusion after I did a study of 688 CEOs, all of whom had held their job for the years 2001 through 2005.Lerach, Weiss Pass the Halfway Point
William Lerach and his partner in crime get to serve out their prison terms in halfway houses, thanks to a law signed last year.Winners All Around: Pro Bono Hours Rise Despite Fewer Lawyers at Large Firms in Texas
Despite having fewer average full-time equivalent lawyers in 2011 compared to 2010, the 18 firms sharing pro bono information for their Texas lawyers donated more hours than the previous year. Sylvia Mayer is chairwoman of the pro bono committee at Weil, Gotshal's Houston office.Conoco is due billions after arbitrators found Venezuela liable for a 2007 expropriation. Can Venezuela roll the award back? What did Conoco do right that Exxon did wrong?
Ivory Tower gives Wall Street its worst ideas
People, pundits and politicians looking for financial-crisis culprits should turn their sights to the professors who bear so much responsibility for it. To borrow a phrase from professor Burton Malkiel, a random walk down Wall Street reveals that some of its biggest disasters have come from ideas hatched in the ivory tower.DELVACCA Named ACC's Large Chapter of the Year
After celebrating its 25th anniversary last year, the Delaware Valley Area Chapter of the Association of Corporate Counsel, or DELVACCA, has been named 2008 Large Chapter of the Year by the ACC.LawJam 2013: It's All In The Name For Mikey Mel & The JDs
I started this band in my basement the summer before I started law school at UGA. I was the only member of the band. I knew I would always be a member of my band, so I put my name on it. I figured that if anyone else would join the band, they should be separated from me with an ampersand.Circuit Resolves Case of Battling Buyers With Competing Plans
In her Distress Mergers & Acquisitions column, Corinne Ball, a partner at Jones Day, reviews a recent Tenth Circuit decision that resolved a six-year battle over the domain name freecreditscore.com, which began with the unauthorized transfer of the site by a debtor after he had filed a bankruptcy petition.It's Still Slow Go for E-Filing
Last year, e-filing was the legal tech buzzword and no wonder: the 90 million cases filed in the nation's 17,500 courts each year generate more than 1.5 billion documents. Given the cost of delivering, storing and maintaining these documents, the attraction of e-filing should be obvious. But Tom O'Connor reports that courts are still slow to adopt the technology.Trending Stories
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