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Morning News Roundup for Wednesday

Good morning. The top stories:

Chicago’s Wildman Harrold has laid off 10 associates and seven staffers

Eversheds has formalized an alliance with Saudi law firm Hani Qurashi…

Three capital markets partners in Clifford Chance ’s Milan office are leaving to set up shop on their own…

Herbert Smith will launch a new office in Madrid with a group from Linklaters

St. Louis’ Husch Blackwell has rolled back all starting salaries to 2007 levels…

Erik Even: