Word: ago
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Dates: during 1980-1989
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When an attempted buyout of UAL, the parent company of United Airlines, collapsed two months ago, the news sparked the minicrash of Oct. 13. Now the failed bid is the talk of Wall Street once again, this time because of a Wall Street Journal report that bankers and lawyers will earn $58.7 million in fees for the deal, despite its downfall. More than $8 million will go to the investment firm Lazard Freres, which advised United's pilots union in the labor-management bid to buy the carrier for $6.8 billion...
When methadone was first introduced 24 years ago, it was hailed as a magic bullet aimed at the heart of heroin addiction. A neat, clean medical solution to a social problem. It has proved to be something less than that. Methadone is a treatment, not a cure, for addiction, and an imperfect one at that. But for some 100,000 of the country's half-million heroin addicts, it offers an alternative to shooting up as well as the possibility of a productive life...
Already the government is betraying distressingly fascist leanings. Strict, vaguely worded laws curbing dissent were rammed through the legislature last week. Death squads are on the rise; evidence collected by human-rights groups strongly implicates the army in the killing of six Jesuit priests three weeks ago. Predictably, the criminal investigation of the Jesuits' slaying -- in contrast to the official probe of the SA-7s' origin -- has got nowhere...
...decision to leave law is becoming a more common one, especially in urban firms. "Compared with five years ago, there are a significantly greater number of lawyers today who are not practicing law for a living," says Ward Bower, a partner at the legal consulting firm Altman & Weil in Ardmore, Pa. Experts estimate that nearly 40,000 lawyers a year are leaving the profession, almost as many people as are entering law school annually. A Maryland State Bar Association survey last December found that 35% of the lawyers who responded were not sure they wished to continue practicing...
...with a corresponding rise in stress, has led to an erosion in the quality of life for many lawyers. Law firms often require that each year attorneys do 2,000 to 2,500 hours of work that can be billed to clients, almost a third more than a decade ago. That frequently translates into twelve-hour-plus workdays and busy weekends as well...