Y! Alert: The Am Law Daily

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The latest from The Am Law Daily

• Too Little; Too Late
• The Bigger Problem Raised by the David Becker Conflict Report
• Wachtell Advises Abbott Laboratories on Pharmaceuticals Spinoff
• Floyd Abrams, Ex-Stroock Partner Make Big Donations to Yale, Harvard
• Ropes, Seyfarth Advise TIAA-CREF and Dutch Pension Fund on Mall Investment
• As Lateral Losses Mount, McDermott Leaders Focus on Growth
• The Careerist: Dominatrix Lawyer Brings Out the Big Whip
• Quinn Emanuel Taps Dechert Pair to Launch Russian Office
• Jones Day, Fried Frank Handle $1.5 Billion Telecom Deal
• A Big Week for Munger Tolles's Los Angeles Litigators

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Too Little; Too Late	Top
The ABA says it's getting tough on law schools, but why is it avoiding the obvious?
The Bigger Problem Raised by the David Becker Conflict Report	Top
In her Summary Judgment column, The Am Law Litigation Daily's Susan Beck notes that the inquiry into the Madoff-related decisions made by the former SEC general counsel--and current Cleary Gottlieb Steen & Hamilton partner--highlights a major flaw in the country's financial regulatory system.
Wachtell Advises Abbott Laboratories on Pharmaceuticals Spinoff	Top
Abbott turned to Wachtell, Lipton, Rosen & Katz's Edward Herlihy to advise on the planned spinoff of the company's pharmaceuticals business.
Floyd Abrams, Ex-Stroock Partner Make Big Donations to Yale, Harvard	Top
Harvard received $40 million from a former Stroock & Stroock & Lavan partner and her cable executive husband, while Yale was the beneficiary of a $3 million donation from First Amendment heavyweight Abrams.
Ropes, Seyfarth Advise TIAA-CREF and Dutch Pension Fund on Mall Investment	Top
A joint venture between pension providers is one of several recent commercial real estate transactions generating work for Am Law 100 firms. In another big deal, Brookfield Office Properties—owner of Zuccotti Park, home base for Occupy Wall Street protesters—is expanding its holdings in lower Manhattan.
As Lateral Losses Mount, McDermott Leaders Focus on Growth	Top
Though at least 38 partners—including several practice group leaders—have left McDermott Will & Emery this year, the firm's cochairs are downplaying the defections and highlighting instead what they insist are efforts to expand in key areas.
The Careerist: Dominatrix Lawyer Brings Out the Big Whip	Top
The New York attorney general punished one of its star prosecutors for her extracurricular activities. But Alisha Smith is not going away quietly.
Quinn Emanuel Taps Dechert Pair to Launch Russian Office	Top
Less than two months after announcing plans to open a new office in Washington, D.C., the litigation-centric firm is on the move to Moscow.
Jones Day, Fried Frank Handle $1.5 Billion Telecom Deal	Top
Alcatel-Lucent announced Wednesday that it has received a $1.5 billion binding offer for its call-center software company from a unit of European private equity firm Permira Advisers.
A Big Week for Munger Tolles's Los Angeles Litigators	Top
The Justice Department's antitrust division has hired Glenn Pomerantz, a litigation partner at Munger, Tolles & Olson in Los Angeles, to work with the government team seeking to block AT&T's $39 billion acquisition of T-Mobile USA. Word of the hiring came a day after President Obama tapped another Los Angeles–based Munger Tolles partner, Paul Watford, to fill a vacant seat on the U.S. Court of Appeals for the Ninth Circuit.

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