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The latest from The Am Law Daily

• Citi's Midyear Report: Firms' Expenses Outpace Revenue Gains
• 2011 Associates Survey By the Numbers: The Future
• Zuckerman Adds Former Top Cuomo Aide to Bolster New York Office
• Solyndra Bankruptcy Fallout Generating Plenty of Work for Lawyers
• The Careerist: Reality Is Overrated
• Judge Rules That Trustee Will Oversee Howrey Bankruptcy
• 2011 Associates Survey by the Numbers: Compensation
• SABMiller, Foster's Reach Accord on $10.1 Billion Deal
• Skadden to Launch First Non–U.S. Funds Practice with London Partner Hire
• Porton Wants Legal Fees if 3M Is Allowed to Withdraw Suit

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Citi's Midyear Report: Firms' Expenses Outpace Revenue Gains	Top
Citibank's midyear analysis of firms finds revenue up 3.7 percent, but expenses increasing by 4.7 percent, putting the squeeze on profit margins.
2011 Associates Survey By the Numbers: The Future	Top
While almost three out of four respondents to The American Lawyer's 2011 Associates Survey say they are on a partnership track at their firms, few expect to actually reach that goal.
Zuckerman Adds Former Top Cuomo Aide to Bolster New York Office	Top
Steven Cohen, who followed Andrew Cuomo from the New York state attorney general's office to the governor's mansion, will focus on white-collar criminal defense, crisis management, and complex commercial matters, while helping Zuckerman Spaeder expand its New York presence.
Solyndra Bankruptcy Fallout Generating Plenty of Work for Lawyers	Top
Attorneys from at least seven law firms have landed key roles advising various parties connected to the increasingly controversial Chapter 11 filing by the government-subsidized solar panel manufacturer. And then there are several other Am Law 100 firms that have done work for the California company in the past.
The Careerist: Reality Is Overrated	Top
Summer associates don't want extravagant social events; they want a taste of realism. How boring is that?
Judge Rules That Trustee Will Oversee Howrey Bankruptcy	Top
Acting on a request from Citibank, the defunct firm's largest creditor, San Francisco federal bankruptcy judge Dennis Montali ruled Wednesday that the Chapter 11 case should be removed from the Howrey estate's control.
2011 Associates Survey by the Numbers: Compensation	Top
Alternative approaches to associate pay have made significant inroads at our respondents' firms, according to the The American Lawyer's 2011 Associates Survey.
SABMiller, Foster's Reach Accord on $10.1 Billion Deal	Top
Allen & Overy and Hogan Lovells are advising SABMiller, the world's second-largest brewer, on its successful takeover of Foster's, which is being represented by Allens Arthur Robinson.
Skadden to Launch First Non–U.S. Funds Practice with London Partner Hire	Top
Making just its second lateral hire in London since mid-2009, Skadden, Arps, Slate, Meagher & Flom is bringing in Macfarlanes partner Stephen Sims to launch the firm's new funds practice.
Porton Wants Legal Fees if 3M Is Allowed to Withdraw Suit	Top
Litigation involving Porton Capital, 3M Company, and prominent lawyer/lobbyist Lanny Davis took a new turn Monday, with Porton's lawyers asking a New York state court not to allow 3M to withdraw a suit it filed against Porton unless 3M agrees to pay the investment firm's legal fees.

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