2 major law firms drop plan to merge; differences in style block the joining of Blank Rome and Cozen into the city's 2d-largest firm

Article Abstract:

Cozen and O'Connor and Blank, Rome, Comisky and McCauley have abandoned the merger talks that would have resulted in Philadelphia's 2nd-largest law firm. The combined firms would have employed 600 attorneys and brought in close to $200 mil annually in revenue. Differences in style and disagreements about the name and leadership of the new firm were blamed for the merger talks' collapse. Cozen and O'Connor has a reputation for trial lawyers filing lawsuits on contingency fee basis, while Blank, Rome is more traditional and focusses on corporate clients.

Comment:

Philadelphia law firms Blank, Rome, Comisky and McCauley and Cozen and O'Connor conclude their unsuccessful merger talks

Acquisitions & mergers, Attorneys, Offices of Lawyers, Lawyers, Abstract, Blank, Rome, Comisky and McCauley L.L.P., Cozen and O'Connor

She's trying to stop outsourcing at its source: New Jersey State Sen. Shirley Turner sees the fight to keep U.S jobs from going overseas as a no-brainer

Article Abstract:

Sen. Shirley Turner has proposed a 'no brainer' legislation to stop companies with state contracts for call centers, computer coding and other service work from sending jobs to countries with lower wages. The anti-outsourcing proposal was one of its kinds in the US, and it passed the state Senate before passing in the Assembly.

Legal issues & crime, Government regulation (cont), Government regulation, Management dynamics, Economic Programs, Administration of Economic Programs, Legal/Government Regulation, Management, Laws, regulations and rules, Economic policy, Company business management, Legislators, Outsourcing, Senators, Turner, Shirley

Weak job gain shocks Wall St.

Article Abstract:

Analysts expected 150,000 new jobs in the month of December 2004 in Wall Street, but in reality the U.S. economy added an anemic 1,000 jobs, which was just a fraction of what was anticipated. Hence, the nationEs unemployment rate reduced from 0.2 percentage points to 5.7 percent in December.

Labor Distribution by Employer, Economic aspects, Statistics, Job vacancies, Employment forecasting