Exelon’s offer for NRG is a textbook example of a hostile bid, and The Deal Professor looks at how this battle is likely to be fought. Although it has not reached the second request stage, we thought
Continue readingFrom: The National Law Journal (print date December 8, 2008) Companies that outsource legal work to Mumbai, India, have been reassuring their clients that operations have not been disrupted and that what
Continue readingFrom: The National Law Journal, 2 December 2008 The FDIC has announced that, effective immediately, client funds deposited in Interest on Lawyer Trust Accounts — regardless of amount — are
Continue readingThe National Law Journal: December 1, 2008 Law schools and placement professionals frequently tout the versatility of a law degree as a path to alternative careers. But even in good economic times, the
Continue readingFrom: Wall Street Journal, November 28, 2008 The current Treasury has so far struggled to keep up with the task of hiring enough people to handle the $700 billion financial rescue package passed by Congress
Continue readingAs the ailing U.S. economy prompts companies to cut costs, it also has spawned legal fee cutbacks. Clients pressure law firms they hire to trim fees. That means more routine work like legal research, due
Continue readingFrom: The National Law Journal, November 25, 2008 The U.S. Securities and Exchange Commission expects in the next two to six months to slap larger penalties than in the past on a number of companies that
Continue readingFrom: The Wall Street Journal, November 24, 2008 Here’s a question: After a big class-action settlement, how much should a plaintiffs’ firm be allowed to recover for its use of temporary lawyers?
Continue readingNovember 22, 2008 Purchasing software for electronic discovery is not easy. No, we don’t expect contract attorneys to be buying. But we thought it would be of interest to you anyway, especially
Continue readingNovember 19, 2008 For the 500+ Posse List members who worked on these transactions: InBev completed its $52bn purchase of Anheuser-Busch on Tuesday, making it the world’s largest brewer and marking
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