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Reserve Sues Two Law Firms for Malpractice

Reserve Management Co. Inc., a major money-market fund company which has already been sued for fraud by the Massachusetts' secretary of the commonwealth, but the two cases seem to be unrelated. Reserve claims that while being advised by Dechert LLP, from 1997 to 2002, the firm failed to inform them of new SEC regulations that made the composition of their board invalid. Reserve claims the same for K&L Gates, who advised Reserve from 2003 to 2005. After having employed new counsel and being informed their board was outside regulations, Reserve made all necessary changes, which cost them $4 million, which they are now suing Dechert and K&L Gates for, plus damages.

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Stamford
Stamford office seeks a manager of accounts receivable and billing with 3+ years' client billing experience in a professional service firm, to manage all aspects of billing, with e....

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Daily Job Search Advice from the CEO of Law Firm Staff

Run Your Career Based on Facts and Statistics — Not Opinions
Harrison Barnes | Dated:07-03-2009

One of the worst things you can possibly do is run your career based on the opinions of others.  Other people are always going to have differing ideas about where you should work, how much you should work, what salary you should make–and various other subjects relating to your employment.  Rather than making decisions based [...]

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