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The latest from The Am Law Daily

• Three Firms Advise on Apollo's Corporate Credit Purchase
• Magic Circle Firms Show Positive Year-Over-Year Revenue
• Sullivan & Cromwell Leads the Pack in Busy M&A Market
• Pro Bono Report 2011: Leading the Way
• JPMorgan Reaches $211 Million Settlement in State and Federal Muni Bond Bid-Rigging Probe
• The Careerist: Brainteasers
• Check Us Out on Facebook

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Three Firms Advise on Apollo's Corporate Credit Purchase	Top
Paul Weiss, Mayer Brown, and Charlotte's Alexander Ricks are working on a deal that will see private equity giant Apollo Global Management acquire corporate credit investor Gulf Stream Asset Management.
Magic Circle Firms Show Positive Year-Over-Year Revenue	Top
Four of the U.K.'s top firms reported higher year-over-year earnings.
Sullivan & Cromwell Leads the Pack in Busy M&A Market	Top
With the value of announced deals totaling nearly $1.2 trillion, the first six months of 2011 represented the best first half for M&A activity since the comparable period in 2008, according to the latest report from Mergermarket. And among law firms advising on those deals, Sullivan & Cromwell ranked No. 1.
Pro Bono Report 2011: Leading the Way	Top
Average pro bono hours for lawyers at Am Law 200 firms plummeted 8 percent in 2010 to their lowest level in three years, reversing a decade of steady growth. Still, a handful of firms maintained a strong commitment to pro bono work, performing an average of 30 hours or more.
JPMorgan Reaches $211 Million Settlement in State and Federal Muni Bond Bid-Rigging Probe	Top
Just as they did after officials reached similar settlements with UBS and Bank of America, plaintiffs lawyers in private multidistrict litigation against the banks may argue that the JPMorgan deal sidelines class claims in the MDL.
The Careerist: Brainteasers	Top
Law firm interviews are snores. Isn't it time to jazz them up with wacky, challenging questions--like the ones those fancy consultants like to ask?
Check Us Out on Facebook	Top
You just might "like" what you see. www.facebook.com/theamlawdaily

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