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During these challenging times, major corporate general counsels and law firms are working to achieve greater efficiency in their procurement of managed legal services.

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Latest News
Title: Law.com - Newswire
Link: http://www.law.com/newswire/
  • The Federal Deposit Insurance Corp.'s new power to take over and liquidate nonbank companies whose failure would jeopardize the financial system is intended as a "third way" between bankruptcy and bailout. But the prospect of a new regime for dissolving megacompanies -- one with almost no judicial oversight and in which creditors' rights are few -- is sending shockwaves through the bankruptcy bar. The FDIC is tackling nearly 40 major rulemakings to flesh out the details of the law, and Wall Street is waiting anxiously.

Title: Law.com - Legal Technology
Link: http://www.law.com/jsp/ltn/index.jsp
  • The BlackBerry Presenter fits in the palm of your hand and is designed to receive a PowerPoint presentation from a Bluetooth-enabled BlackBerry device and display it on a projector, television, or monitor without the aid of a computer. Technology editor Sean Doherty gives it a test drive.

Title: Law.com - In-House Counsel
Link: http://www.law.com/jsp/ihc/index.jsp
  • Jenner and Block's Michael K. Lowman and Andrew F. Merrick examine SEC v. Founding Partners Capital Mgmt., a recent federal court ruling that significantly curtails the power of the Securities and Exchange Commission to pursue ill-gotten gains from relief defendants in an SEC enforcement action. The ruling is significant for practicing securities lawyers because it confirms that there are important boundaries that circumscribe the SEC's authority to pursue claims against relief defendants.