Law Firms Gear Up for Bailout-Bill Work

October 15, 2008 The meltdown has been good for some elite firms with New York roots and longstanding banking ties, such as Sullivan & Cromwell LLP, which has represented Lehman Brothers, Fannie Mae and Wachovia in the past weeks.

Firms like Akin Gump Strauss Hauer & Feld LLP, K&L Gates and Chadbourne & Parke are now hoping the $700 billion package approved by Congress will become a "Full Employment Act" for lawyers...

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