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February 25, 2011 |

Attorney-Client Privilege a Two-Way Street, State Supreme Court Rules

Pennsylvania lawyers finally have some guidance from the state Supreme Court about the status of the attorney-client privilege after the justices ruled Thursday that it attaches not only to communication from the client to the lawyer, but to communication going the other way around as well.
7 minute read
September 24, 2012 |

VERDICTS & SETTLEMENTS

6 minute read
February 15, 2006 |

The Good Times Roll Thanks to M&A Activity

The deal economy might be said to have suffered an embarrassment of riches last year. Except that no one seemed embarrassed.
8 minute read
May 10, 2010 |

Legal Privilege Still Elusive for EU's In-House Lawyers

In-house lawyers in Europe will have to keep fighting for legal privilege, according to a recent opinion by a legal adviser at the European Union's highest court. Advocate-General Juliane Kokott of the EU's Court of Justice said on April 29 that attorney-client privilege should not apply to in-house corporate lawyers because they are not independent. Kokott's opinion isn't binding, but the court's judges often fall in line with the advocate general's opinions. A final ruling is expected later this year.
3 minute read
January 19, 2005 |

Midsize Firms Resisting Trend to Merge

Despite last year's abundance of law firm megamergers, including the creation of 2,700-lawyer DLA Piper Rudnick Gray Cary effective this month, a strong contingent of midsize practices are eschewing the consolidation trend with one simple business plan: They'll need to be smarter, cheaper, bolder and friendlier.
7 minute read
January 27, 2011 |

Baker Botts Partner Sheedy Found Dead in Moscow

John Sheedy, a corporate partner at Baker Botts, was found dead in his Moscow apartment earlier this week. The firm confirmed Sheedy's death.
3 minute read
July 21, 2003 |

Honors and Appointments

2 minute read
November 04, 2010 |

Make time for social media

Social media can open your eyes to untapped sources of information and relationships that would have been impossible to build otherwise — and those are things you will never gain from watching the nightly news.
5 minute read
October 15, 2008 |

Reverse leverage of mark-to-market wrecks banks

The world's banking system is caught in a vicious trap, with a forced sale of assets at one institution wiping out capital at others holding similar assets. Think of it as extraordinarily high reverse leverage. You can blame mark-to-market accounting, the advent of new indexes that supposedly track values of a wide range of assets, or a market mind-set that assumes every asset is part of a bank's trading book.
5 minute read

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