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An Independent Voice on the Board
Bart Friedman, a partner at Cahill Gordon & Reindel, writes: Following Enron and the other corporate scandals of this decade, a movement began, particularly among activist shareholders, in favor of splitting the positions of CEO and Chairman to protect the flow of information to the board against a potentially overbearing CEO, which was perceived to have been one of the root causes of these corporate failures. For most companies, the lead director role was originally created purely for compliance purposes and was defined narrowly. However, over time, the position has grown from encompassing a relatively simple set of responsibilities to a broader and more complicated role.In Spring, A Young Lawyer`s Thoughts Turn To Baseball
ASEBALL, the great and redemptive game of skillful chance and theoretical perpetuity, is said to be the favorite sport of lawyers.Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.Contract Attorneys Struggle With Their Identity
They are lawyers at big firms, but not quite. Scores of lawyers hired on temporary contracts, usually for around $30 an hour, take on the thankless, months-long task of reviewing boxes and boxes of documents in preparation for massive litigation. Many who do it say it is work that hardly requires the skill of a trained lawyer. Now, a number of them are asking not to be treated as such.Milberg lives long after all — and prospers
The partnership regrouped following scandal, expanded its practice areas and racked up wins.Contract Attorneys Struggle With Their Identity
At many of the nation's top law firms, the thankless, months-long task of reviewing boxes and boxes of documents in preparation for massive litigations falls primarily not to junior associates but to scores of lawyers hired on temporary contracts. Many who do it say it's work that hardly requires a trained lawyer's skills. "It's monkey work," says one contract attorney. Now -- in class actions seeking overtime pay -- these lawyers are asking not to be treated as such.Trending Stories
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