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• The Churn: Lateral Moves and Promotions in The Am Law 200
• 2011 Associates Survey By the Numbers: Retention
• Commendable Comment Award
• Cleary's David Becker Defends Madoff Decisions at Congressional Hearing
• Four U.S. Firms Advise Silver Lake and Others on $1.6B Stake in China's Alibaba
• Wachtell, Jones Day Lead as United Technologies Buys Goodrich for $18.4 Billion
• More Big Bankruptcy Fees for Lawyers in Madoff, Lehman Cases
• Media Outlets Claiming 'Law Is no Longer a Golden Ticket' Conceal Decades of a Profession in Decline
• Two More Firms Enter Great AT&T/T-Mobile USA Antitrust Fight
• Wilmer Makes Big Hires in New York and D.C.

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The Churn: Lateral Moves and Promotions in The Am Law 200	Top
A prominent litigator joins Venable in Los Angeles; Ropes & Gray loses one lawyer in Asia and adds another in the same region; and Duane Morris grabs four in Philadelphia. The Churn is constant. Please send all announcements to thechurn@alm.com.
2011 Associates Survey By the Numbers: Retention	Top
Respondents to The American Lawyer's 2011 Associates Survey are closely divided on the question of whether their firms are doing enough to keep them, but few say they are actively looking for work elsewhere.
Commendable Comment Award	Top
Big Law leaders such as Simpson Thacher & Bartlett's Richard Beattie are uniquely positioned to shape the culture of their firms and the profession. What will their truly enduring legacy look like?
Cleary's David Becker Defends Madoff Decisions at Congressional Hearing	Top
Facing questions about a possible conflict of interest, the former Securities and Exchange Commission general counsel told a House panel Thursday, "I take complete responsibility for my actions. Frankly it's easy, because I think I behaved appropriately," according to sibling publication Corporate Counsel.
Four U.S. Firms Advise Silver Lake and Others on $1.6B Stake in China's Alibaba	Top
Paul, Weiss, Rifkind, Wharton & Garrison; Goodwin Procter; Simpson Thacher & Bartlett; and Debevoise & Plimpton have advised on a deal which has seen a consortium of investors offer $1.6 billion for a stake in Chinese e-commerce giant Alibaba Group.
Wachtell, Jones Day Lead as United Technologies Buys Goodrich for $18.4 Billion	Top
In a deal that represents its largest acquisition ever, the Hartford-based conglomerate will acquire the aircraft-equipment maker as a way of expanding its own aerospace business.
More Big Bankruptcy Fees for Lawyers in Madoff, Lehman Cases	Top
Baker & Hostetler and Weil, Gotshal & Manges are seeking millions for their work on the winding down of Bernard L. Madoff Investment Securities and Lehman Brothers, respectively.
Media Outlets Claiming 'Law Is no Longer a Golden Ticket' Conceal Decades of a Profession in Decline	Top
Memo to the media: the "Golden Ticket" myth hasn't been true for years. Mainstream reporting on the legal education system's failings frequently employs this two-word phrase (or some variant) to underscore the idea that a struggling economy prompted the sudden drop in a law degree's value. The problem: A hard look at the data shows that the value of legal education has been declining for decades, making the law schools' crisis worse than previously thought.
Two More Firms Enter Great AT&T/T-Mobile USA Antitrust Fight	Top
O'Melveny & Myers and Washington, D.C., litigation boutique Kellogg, Huber, Hansen, Todd, Evans & Figel have been hired by T-Mobile USA and AT&T, respectively, to try and keep the companies' proposed $39 billion merger afloat.
Wilmer Makes Big Hires in New York and D.C.	Top
Boyd Johnson III, deputy U.S. attorney in Manhattan, and Thomas Strickland, a former chief of staff to Interior Secretary Ken Salazar, are joining Wilmer Cutler Pickering Hale and Dorr.

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