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Friday, June 3, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


The Careerist: Second Acts for Unhappy Lawyers Top
Can't stand drafting another loan agreement or supporting memo? Check out the latest alternative careers for lawyers.
 
Fiat Buys U.S. Out of Final Chrysler Stake Top
The Italian automaker will pay $500 million for the government's remaining six percent stake in Chrysler. Sullivan & Cromwell and Willkie are advising.
 
Orrick Files to Withdraw from MGA, Bratz Dispute Top
The firm is looking to pull out of a case involving MGA's request that Mattel pay it $129 million for attorney fees, claiming that MGA owes the firm more than $1.2 million in fees.
 
Report: Promotion of Women to Partnership Stalled in 2011 Top
The fact that large law firms promote fewer female associates than male associates to partnership isn't news, nor is it surprising. But it appears that the spread is growing. Even more discouraging is the fact that the number of promotions of women has fallen year over year.
 
On Edwards Indictment, Am Law 200 Ranks Include Plenty of Skeptics Top
The campaign finance and conspiracy charges unveiled Friday against former U.S. senator and presidential candidate John Edwards has some Am Law 200 partners questioning the legitimacy of the government's case.
 
Blakes, McMillan, Olser, Stikeman Advise On Intact's $2.7 Billion AXA Buy Top
In a deal that would unite two of Canada's leading property and casualty insurance companies, Toronto-based Intact Financial Corporation is poised to acquire the Canadian arm of Paris-based AXA Group for $2.7 billion. 
 
Skadden Takes Lead as Edwards Pleads Not Guilty to Campaign Finance Charges Top
Former North Carolina senator and presidential candidate John Edwards was indicted Friday by a federal grand jury in North Carolina on felony charges that he violated campaign finance laws during his 2008 run for the White House. Edwards faces six counts of conspiracy, illegal campaign contributions, and making false statements.
 

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