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Schering-Plough and Merck Get Merger OK, but Need to Make Divestitures
The Federal Trade Commission cleared the way Thursday for Schering-Plough's $41.1 billion acquisition of Merck & Co., but required both companies to make significant divestures. Under the terms of the FTC's consent order, Merck must sell its interest in Merial Limited, an animal health joint venture with Sanofi-Aventis, and Schering-Plough must sell its assets related to drugs that treat nausea and vomiting in humans.Bingham McCutchen Adopts 'Merit Lockstep' Compensation System
Bingham McCutchen has joined the ranks of firms that are tweaking their compensation systems, saying Monday it is moving to a "merit lockstep" system that will keep base pay on lockstep but introduce a merit component into bonuses.
The 2010 Lateral Report Buyer's Market
By most measures, 2009 was a dismal year for the legal industry. One notable exception to the drumbeat of record layoffs and bankruptcy actions: By our count, there were also a record number of lateral partner moves in The Am Law 200.Daily Decision Service Alert: Vol. 19, No. 85 - May 5, 2010
Daily decision alert.Attorney: Benoit's doctor charged with improperly prescribing drugs in federal probe
ATLANTA AP - The personal doctor of a pro wrestler who killed his wife and son before committing suicide was charged Monday with improperly dispensing painkillers and other drugs to other patients.The seven-count indictment said Dr. Phil Astin, physician to wrestler Chris Benoit, dispensed drugs including Percocet, Xanax, Lorcet and Vicoprofen between April 2004 and September 2005.Tried, But True: Mergers Still Topped Law Firm Changes in 2006
If you aren't receiving holiday cards from the usual firms this year, chances are it's not that you were cut from the list.TRENDING STORIES
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