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The latest from The Am Law Daily

• Baker & McKenzie Advising Lufthansa On BMI Sell-Off
• Jacoby & Meyers Hits Bump in Bid to Seek Outside Investors
• Art of the Protest: Teamsters Target Jackson Lewis's Work for Sotheby's
• Law Firm Lawsuit-Palooza: From T.O. to Texas
• The Churn: Lateral Moves and Promotions in The Am Law 200
• With Cleary Advising, TPG Inches Toward Possible Yahoo Bid
• MF Global's Corzine Resigns, Lawyers Up
• Legal Sector Added 400 Jobs in October, Down 3,000 Over Past 12 Months
• Allen & Overy in Tie-up Talks with Singapore's Allen & Gledhill
• Diamonds Are For Now: Anglo American Taps Linklaters For $5.1 Billion De Beers Deal

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Baker & McKenzie Advising Lufthansa On BMI Sell-Off	Top
The Am Law 100 firm and Magic Circle firm Slaughter and May are advising on a deal that will see Germany's Lufthansa sell its controlling 80 percent stake in British Midland Airways to the International Airlines Group, owner of British Airways and Iberia Airlines.
Jacoby & Meyers Hits Bump in Bid to Seek Outside Investors	Top
A skeptical federal judge questioned this week whether the firm has standing to bring a lawsuit challenging a state ethics law that bans outside investment in law firms and, if so, why federal court is an appropriate venue to litigate the issue.
Art of the Protest: Teamsters Target Jackson Lewis's Work for Sotheby's	Top
For the second time in six months, Teamsters members this week protested what they say are the firm's job-killing practices. At issue this time: Jackson Lewis's representation of famed auction house Sotheby's in a contract dispute with 43 art handlers who have been locked out of work since August.
Law Firm Lawsuit-Palooza: From T.O. to Texas	Top
The past two weeks have been busy ones for law firms getting sued or suing other firms over current and former client matters.
The Churn: Lateral Moves and Promotions in The Am Law 200	Top
Winston & Strawn loses two litigators in San Francisco, including intellectual property attorney Andrew Bridges; Duane Morris relaunches a corporate practice in Atlanta; and Venable takes on two former government lawyers. The Churn is constant. Please send all announcements to thechurn@alm.com.
With Cleary Advising, TPG Inches Toward Possible Yahoo Bid	Top
TPG Capital is the first potential suitor to sign a nondisclosure agreement with Yahoo, allowing the private equity shop to formally explore making a bid for—or taking a minority stake in—the once-highflying Internet company.
MF Global's Corzine Resigns, Lawyers Up	Top
Dechert, Perkins Coie, and an unidentified labor and employment lawyer are representing former New Jersey governor Jon Corzine, who stepped down as CEO of bankrupt commodities and derivatives broker MF Global Holdings Friday.
Legal Sector Added 400 Jobs in October, Down 3,000 Over Past 12 Months	Top
The modest rise follows two months of declines and comes amid an up-and-down year that has left the legal industry with substantially fewer positions than it had in October 2010.
Allen & Overy in Tie-up Talks with Singapore's Allen & Gledhill	Top
Sibling publication The Asian Lawyer reports that Allen & Overy has confirmed that it is discussing a possible alliance or combination with 312-lawyer Allen & Gledhill, which has been the Singapore joint venture partner of Linklaters for the past 10 years.
Diamonds Are For Now: Anglo American Taps Linklaters For $5.1 Billion De Beers Deal	Top
The London-based mining giant has reached an agreement under which it will nearly double its 45 percent stake in De Beers by acquiring the 40 percent share currently held by the Oppenheimer family, which has long controlled the world's largest distributor of diamonds.

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