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Home / Law / Wall Street lawyers ask bank: Can you spare $250,000?

Wall Street lawyers ask bank: Can you spare $250,000?

Partners at top-grossing U.S. law firms, once able to draw advances against expected annual profit, have found the credit crunch is limiting the amount they take home. Most firms don’t know how much income there will be to divide at the end of the year, with one legal consultant projecting as much as a 15 percent ...

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