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Second Hundred also vulnerable to recession
Much like their Am Law 100 counterparts, many Second Hundred firms struggled in 2009-including 21 firms with Atlanta presences-under the twin burdens of decreased transactional work and increased client sensitivity to litigation costs.With their regional footprints and in some cases more narrow practice focuses, Second Hundred firms had better year-over-year rates of growth than Am Law 100 firms as the recession took hold during 2008.The Churn: Lateral Moves in The Am Law 200
Duane Morris welcomes back a Massachusetts state representative; Dentons expands in Kansas City; and Ogletree, Deakins, Nash, Smoak & Stewart adds four attorneys around the country. The Churn is constant. Please send all announcements to [email protected].Bankruptcy Booms: A Tale of Two Bubbles
Those with sunny dispositions may always try to find a bright spot in the gloomiest situation, even the financial crisis that enveloped the world in the autumn of 2008. For Delaware bankruptcy attorneys, finding that bright spot truthfully wasn't that hard.Troubled Town Turns on its Nixon Peabody Lawyers
Bell, California, briefly occupied the nation's attention after the Los Angeles Times made front-page news out allegations that the gritty city carved out of an unglamorous section of Los Angeles County was paying its civic leaders mind-bogglingly exorbitant salaries. The focus has now shifted to the conduct of the city's former bond counsel, Nixon Peabody.Ted Olson Files Affidavit in Support of Koch Brothers' Second Suit Against Cato Institute
7th Circuit says, with or without class status, federal court will hang onto case
The 7th Circuit has cleared up a jurisdictional question related to the Class Action Fairness Act of 2005, ending what Judge Richard Posner called the potential for "ping-pong" between the federal and state courts. The court ruled that even if a case transferred to federal court under the act fails to win class certification, it should still continue in the federal system.MoFo, Skadden Lead on $20 Billion SoftBank-Sprint Deal
Tokyo-based SoftBank Corp.'s proposed acquisition of a 70 percent stake in U.S. mobile carrier Sprint-Nextel would be the largest cross-border acquisition ever by a Japanese company.State AI Legislation Is on the Move in 2024
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