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Lawyers Brace for Flood of Elderly
About 70 million baby boomers will soon hit their retirement years -- marking a seismic demographic shift that will dramatically alter the way attorneys and courts do business, as they face an increase in probate litigation, issues of abuse and financial exploitation, and a need for elderly-friendly courtrooms. Guiding the way are "elder lawyers," attorneys trained in both counseling and representation. Attorney Stuart D. Zimring calls it "a compassionate and passionate practice."Peltz gets $1 billion in new cash as activist strategy impresses
Mark Fetting, chief executive officer of Legg Mason Inc., was out of time. His biggest investor, Nelson Peltz, had watched for three years as Fetting struggled to increase profit at the Baltimore- based money manager and halt $135 billion in fund redemptions.The Churn: Lateral Moves and Promotions in the Am Law 200
K&L Gates gains a partner in Dubai; a Dewey & LeBoeuf lawyer in Brussels finds his way to Steptoe & Johnson; and Perkins Coie makes three lateral hires. The Churn is constant. Please send all announcements to [email protected].Project Tests Boundaries of Public Access to Court Proceedings
DLA Piper's Baltimore HQ Gets Hollywood Treatment Again
The global legal giant with Charm City roots keeps making its mark on screens large and small. Most recently, the firm's headquarters hosted a shoot for Whirlwind, a movie featuring actor Clayton LeBouef, who may be best known for his role as strip club manager Orlando Walker on critically acclaimed Baltimore-based drama The Wire. Others who have used the offices to shoot scenes include George Clooney and Julia Louis-Dreyfus.Lennar bets on ex-officer housing 'party' as California rebounds
Emile Haddad sold 12,000 acres in California for a $277 million profit four years ago. He and his partners reacquired it in 2009. Now, he says, it's time to build.Giving Something Back While Representing NYC
The Sept. 11, 2001, terrorist attacks convinced Michael A. Cardozo, then a co-chairman of New York-based Proskauer Rose's litigation department, to contribute more to the city in which he was born and spent much of his life. "This is my absolute dream job," Cardozo says. "You can stand up in court and say, 'I represent the city of New York' -- there's a lot of meaning behind that. That's a powerful statement. It's very satisfying."The 'Original Patent Troll' is Back With a New NPE Venture
Anthony Brown was called the "original patent troll" when he ran TechSearch. Now he's trying to reestablish himself with a new nonpracticing entity, Cascades Ventures.Reuters CEO Glocer on the Rise
Tom Glocer logged nine years as an M&A associate at New York law firm Davis Polk & Wardwell before he signed on as deputy general counsel of Reuters America in 1993. Then his career kicked into high gear, and by 2001 he was tapped as Reuters Group plc CEO, the first American and the first nonjournalist in the top job. If the agreed $17.2 billion merger with Thomson Corp. goes through, Glocer will take the helm of the newly formed Thomson-Reuters Corp.As Millions of Boomers Retire, Courts Must Adjust
About 70 million baby boomers are close to hitting their retirement years, a seismic demographic shift that will dramatically alter the way attorneys and courts do business in the coming decades. According to Sally Hurme, a consumer protection attorney with the AARP, "With increasing age comes dementia, issues of capacity, appointments of guardians -- the courts should expect a significant increase in their caseloads."Trending Stories
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