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European Agency Reveals Details of Record Antitrust Fine Against Intel
The E.C. finally makes public the reasoning behind its decision to hit the chipmaker with a $1.45 billion fine for unfairly limiting competition with Advanced Micro Devices.Bingham Counsel in Bank Crisis
The firm has been asked to advise a group of bondholders from Britain's beleaguered Northern Rock bank.Senior Freshfields Attorney Fined for Client Conflict
Just weeks after Freshfields Bruckhaus Deringer faced a high-profile age discrimination claim in a London employment tribunal, the firm is once again under a harsh public spotlight. On Thursday, Freshfields partner Barry O'Brien, one of the firm's most senior corporate lawyers, was fined a relatively stiff �9,000 by the Solicitors Disciplinary Tribunal over a client conflict in a proposed acquisition of British retailer Marks & Spencer.Former Alcatel-Lucent GC Takes On Key Motorola Role
Former Alcatel-Lucent general counsel Richard Pithcaethly has bagged a role as vice president and U.K. legal director for mobile phone giant Motorola, Legal Week can reveal. Pithcaethly was law vice president for Europe, the Middle East and Africa at Lucent for nine years before it merged with Paris-based communications giant Alcatel last year. Meanwhile, Alcatel-Lucent general counsel Pascal Durand-Barthez has quit the telecom company to join Linklaters' Paris M&A practice.Profits at U.K.'s Top 50 Law Firms Hit Record Levels
The United Kingdom's top 50 law firms have seen a second year of double-digit revenue growth, with fees rising 14 percent annually to hit �10.5 billion. Legal Week's 2006-07 figures also show average profits per equity partner going up by 13.5 percent. What's more, the four largest firms generated �4.18 billion in fees among them, nearly 40 percent of the top 50's income. Clifford Chance managing partner David Childs said the results vindicated the big four firms' investment in their foreign offices.Cleary Killing it in Nortel Bankruptcy
Nortel Networks filed for bankruptcy in January 2009. Since then the Toronto-based company has helped its Chapter 11 counsel at Cleary Gottlieb Steen & Hamilton and several other firms earn a fortune in bankruptcy fees.Trending Stories
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