This morning’s top stories:
New York’s Chadbourne & Parke has announced a salary freeze for 2009. The Above the Law blog says bonuses will be on a “Cravath, half-Skadden scale…”
Comparing himself to a cowboy facing a hanging, Illinois Governor Rod Blagojevich condemned the state Senate for preparing to remove him from office, so it could “raise taxes on the middle class and serve the special interests…”
New York litigation firm Kaye Scholer, representing the trustee in hip hop entrepreneur Marion “Suge” Knight’s bankruptcy case, is requesting a $6.8 million fee for having to deal with Knight’s “gangster-style” nonsense…
Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on the rise…
Simmons & Simmons has asked its March 2009 trainees to consider deferring until 2010, with two trainees accepting the offer…
