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Jones, Askew Succumbs to 'Middle Child' Stressors
The pressures of being a mid-size intellectual property firm in a market of tiny boutiques and general practice Goliaths helped push Atlanta's Jones & Askew toward its upcoming union with Kilpatrick Stockton. That's according to two former partners and one other IP lawyer, who say the IP market has changed so dramatically that 30 to 50 lawyer firms -- Jones & Askew's size -- may find it tough to survive.Some Talks, but Atlanta Firms Won't Merge
Merger talks between Ogletree, Deakins, Nash, Smoak & Stewart and Ford & Harrison have started and stopped. The Atlanta-based labor and employment firms confirmed they were considering a union until recently, but neither would specify a reason for the breakdown in talks. Both firms have expanded rapidly into new territory over the past five years; the merger would have created a 300-attorney firm with a strong geographic reach.LeClairRyan Continues Growth by Adding Eight-Lawyer Epstein Becker Team
In an already busy week for lateral movement, Epstein Becker & Green is losing eight attorneys—seven of them partners—in New York to LeClairRyan, the latest in a series of hires the Richmond-based firm has made in recent months in a push to expand its corporate, litigation, and commercial real estate expertise.Wal-Mart Demands Diversity in Law Firms
Law firms that pack their lower ranks with minorities and women while leaving white men in charge may soon find the nation's biggest retailer a tough customer. Wal-Mart has told its top 100 law firms that at least one person of color and one woman must be among the top five relationship attorneys handling its business. Wal-Mart's new policy, which echoes statements made by top lawyers at other major companies, signals a growing determination by corporate legal departments to pressure outside counsel.Giuliani's Firm to Get $400,000 a Month for Work on Delta Bankruptcy
Delta Air Lines has paid a consulting firm of former New York City Mayor Rudolph Giuliani $2.4 million and expects to pay it another $400,000 per month for advice on its Chapter 11 proceedings. The bills were disclosed in the airline's court filings. Law firms that Delta has retained in connection with the bankruptcy include Davis Polk & Wardwell; Stroock & Stroock & Lavan; Gibson, Dunn & Crutcher; Debevoise & Plimpton; Paul, Hastings, Janofsky & Walker; and Hogan & Hartson, according to the filings.Ga. Hiring: Little Good News for Job Seekers
The Atlanta legal employment market has been slow for some time, and this fall is no different. Adding to problems caused by the sluggish economy, hurricane devastation has sent many established lawyers, recent law graduates and third-year students into other markets to compete for remaining jobs. The situation nationwide is similar, but with glimmers of hope, as hiring increases for some practice areas and attorneys in certain large markets see salary jumps.TRENDING STORIES
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