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January 21, 2003 |

4 minute read
May 01, 2007 |

Big Tobacco Companies Battle Over Altria-Backed Bill to Impose FDA Regulation

Altria, which owns tobacco giant Philip Morris International, is one of the perhaps surprising backers of a bill that would give the FDA the authority to regulate tobacco. Critics say Philip Morris' motive may be less than altruistic, and that their real goal is to squeeze out competitors. The issue has created a fissure between Philip Morris and the rest of Big Tobacco -- the industry's lobbyists, sans Philip Morris, are pushing to block the measure through the time-honed tactics of doubt and delay.
7 minute read
April 23, 2007 |

Chart: Diversity Scorecard 2007

31 minute read
October 01, 2009 |

United They Stood

W.R. Grace beat the biggest criminal environmental prosecution yet by hanging tough with its employees.
11 minute read
With Cordray's Authority in Doubt, Banks Weigh Spurning His Agency
Publication Date: 2013-01-29
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To comply or not to comply? That's the question now facing companies involved in proceedings before the Consumer Financial Protection Bureau.

September 14, 2009 |

Fosamax Plaintiffs Lawyer: Mistrial a 'Shock' to Merck

To those tracking the first product liability trial accusing Merck's osteoporosis drug Fosamax of causing debilitating jaw bone deterioration, it should come as no surprise that a mistrial was declared on Friday. But the lead plaintiffs lawyer's view of the eight-member jury's failure to reach a verdict may raise some eyebrows.
3 minute read
October 02, 2007 |

D.C. Firms Assess Price of Keeping Up With Next Round of Associate Raises

Eight months after Simpson Thacher raised starting salaries for first-year associates to $160,000, salaries for first-years at most of the 200 largest firms nationwide remain bunched at that rate. What New York firms had hoped was a raise too rich for out-of-town competitors with more pedestrian profits instead looks to be a failed attempt to segment the market. And now firms are bracing for another round of raises, probably ignited by a New York corporate firm looking to up the bidding war for talent.
10 minute read
October 08, 2008 |

Marketplace

One year after being seized by the bankruptcy court, an upper Manhattan portfolio comprised of 21 residential walk-up buildings has been sold for $54 million to a private investor. Also, online securities firm SecondMarket has announced a new sublease on the 12th floor of 26 Broadway.
3 minute read
May 22, 2008 |

Newsbriefs

4 minute read
March 22, 2007 |

Law Firms' Diversity Goals Could Face Legal Attack

An American Enterprise Institute program last week addressed the latest firestorm over law firm diversity, stemming from research by law professor Richard Sander that posits a credentials gap between minority associates and their white counterparts. Akin Gump partner Michele Roberts gave rebuttal arguments, protesting the idea that minorities in large firms are unqualified for the intense workload. She said: "We pay [associates] too much already. It doesn't make sense to bring in people who can't compete."
5 minute read

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