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Slowdown in China may be felt around world
House prices in Shanghai, Shenzhen and Guangzhou are plunging, and the global economy may grind almost to a halt next year because of it.Construction of homes, offices and factories fell at least 16.6 percent in October after rising 32.5 percent a year earlier, according to Macquarie Securities Ltd. That's squeezing an economy already slowed by recessions in the U.Supreme Court Rejects Extraterritorial Application of 1789 Alien Tort Statute
Samuel Estreicher, a professor at New York University School of Law, and Stephen B. Kinnaird, a partner at Paul Hastings, discuss the Supreme Court's holding in 'Kiobel,' which places in question the ATS' continued utility as a vehicle for challenging human rights abuses occurring in other countries, and several important questions about the ATS' reach left open by the decision.Miners trump business grads as geologists' value rises
Brittan Jones passed up a $100,000- a-year job at a mining company last December when he finished his degree in geology. The 24-year-old Canadian said he's confident he'll get a better offer. "I'm lucky to have graduated when metal prices are so high," said Jones, who has traveled to the Arctic Circle, British Columbia and the U.Justices hear case over suits for overseas abuses
WASHINGTON AP - The Supreme Court's conservative justices sounded skeptical Tuesday about allowing multinational corporations to be sued in American courts over claims that they were complicit in human rights abuses in foreign countries.The court heard arguments over whether a 223-year-old law gives foreign victims of abuses the right to use U.No loan left behind in Legg Mason's debt pursuit
Legg Mason, the Baltimore-based money manager overseeing $636 billion, is starting a fund to invest in loans to so-called middle-market companies as an alternative to junk-bond yields at record lows.Continental Breakfast: Africa Emerges as the Last Great Law Firm Frontier
Herbert Smith will soon follow Baker & McKenzie, Allen & Overy, and Clifford Chance by expanding into Africa.Late Breaking Deals in 2010 Paint Rosy M&A Picture for 2011
Almost 20 deals in the $1 billion range were announced during the week that The Am Law Daily took its holiday break. We couldn't let them pass by without offering a quick guide to the legal advisors handling the high-end corporate workA Buyer's Guide to Law Firm Software
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