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The Am Law 200's Haves and Have-Nots
Some firms took a beating during the recession; others were barely fazed. Who thrived, who merely survived—and why?Into the Unknown: Mystery Surrounding Salaries And Start Dates Doesn't Impact Job Acceptance Rates
Third-year law student Giselle Torres says it may sound trite, but she accepted an offer to become an associate with Bracewell & Giuliani mostly because she connected with the people at the Houston-based firm. Torres is among the lucky law students who landed summer associate positions at BigTex firms in 2009 and received offers for permanent jobs they will start sometime after graduating in May.On the same day that we report Davis Wright & Tremaine's $500 million victory in the Valdez case, we have some less cheerful news. Last week, the Seattle-based firm was sued by the receiver for the firm's former client, Sunwest Management, which developed a now ailing empire of senior living facilities. The court-appointed receiver for the company and its affiliates, Michael Grassmueck, alleges that Davis Wright helped Sunwest engage in a Ponzi scheme, and is seeking more than $400 million in damages.
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