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Takeover Offer Wins Support of Slater & Gordon Board, Valuing the Company at $78 Million

Slater & Gordon has accepted an offer from Sydney-based Allegro Funds for an off-market takeover of 100 per cent of the listed law firm shares at a price of $0.55 per share. The offer values the company at approximately $78 million, which is different from earlier media speculation that estimated a value of $150 million.

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Biglaw Billing Hits The Headlines In Baldwin Shooting Case

The tragedy of the Alex Baldwin ‘Rust’ shooting case has seen the issue of Big Law billing hit the headlines too as the prosecutors and defense attorneys face off in some fiery exchanges that see Baldwin’s potential time behind bars dramatically shortened. The Sante Fe District Attorney, Mary Carmack-Altwies, issued a statement that dropped a

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Shearman & Sterling Lay Off Lawyers As Market Conditions Bite

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Shearman & Sterling have confirmed that they had to let go of 38 employees which include 26 business services team members and 12 associates mainly focused on transactional practices. The New York-based firm says this was necessary to adjust to changing market conditions, which continue to show challenging times ahead, as per the recent Thomson

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