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February 2010

February 28, 2010 9:00 PM

A Different Way to Think About Law School Recruiting

NALP's controversial 45-day plan is dead, and firms will follow the new, modified rules. But it doesn't have to be that way. A few could take off on their own.

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02/28/10 Posted by Aric Press

February 26, 2010 6:36 PM

The Churn: Lateral Moves and Promotions in The Am Law 200

DLA Piper picks up a nonprofit CEO, along with ten health care attorneys; M&A partners head to Fried, Frank and Gibson, Dunn; and Skadden scoops a patent trio from Dechert. Plus: moves to Greenberg Traurig, Lowenstein Sandler, and Reed Smith. The Churn is constant. Send announcements, news, and releases to editorial@alm.com.

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02/26/10 Posted by Claire Zillman

Justice Department Settles Kickback Case With Troutman Sanders Partner

Leonard Grunstein, the former head of the real estate investments and capitalization practice groups at Troutman Sanders, is one of five defendants to reach a $14 million civil settlement with federal prosecutors in Boston related to their alleged involvement in a $50 million kickback scheme.

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02/26/10 Posted by Brian Baxter

THE AM LAW 100: Revenue Falls 11 Percent, Profits Rise at Dewey

The firm trimmed head count a jaw-dropping 17 percent last year, including one in ten partners.

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02/26/10 Posted by Julie Triedman

The AM LAW 100: Covington, McGuireWoods and Wiley Rein See Revenue Rise

Three big Washington, D.C., firms, Covington & Burling, McGuireWoods and Wiley Rein, saw their revenue rise last year. While Steptoe & Johnson suffered from the weak economy, according to sibling publication, The Blog of Legal Times.

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02/26/10 Posted by Ed Shanahan

UBS Tax Case Still Twisting And Turning

The latest developments: The Swiss government wants UBS to reimburse it for outside legal costs, the country's parliament is considering legislation that would approve a tax settlement with U.S. authorities, and Switzerland's finance minister has announced that banks in the country can no longer accept untaxed money from abroad.

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02/26/10 Posted by Brian Baxter

Ropes, Stradling on $900M Leveraged Buyout (Yes, an LBO!)

Could this be a sign that the economy is--very slowly--recovering?

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02/26/10 Posted by Zach Lowe

NALP Backs Down From Offer Prohibition Plan

The changes to NALP's recruiting guidelines are much more limited than previously proposed.

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02/26/10 Posted by Zach Lowe

Memo to Firm Leaders: Don't Go Overboard

The legal industry is engaged in a kind of reverse Titanic approach to the trouble it faces, disproportionately tossing its “women and children” first. That’s truly a recipe for disaster.

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02/26/10 Posted by Ed Shanahan

Lateral Recruiting in London Plummets

Lacking a huge portable book of business? Don't bother trying to lateral to a U.S. firm's London offices.

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02/26/10 Posted by Zach Lowe

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