Word: megafirm
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Last week, in a move that could help resuscitate the pro bono cause, the legal world's No. 1 revenue earner announced an extraordinary program to encourage lawyers to give legal aid to the needy. As a supplement to the time that its lawyers volunteer, the New York City megafirm Skadden, Arps, Slate, Meagher & Flom will establish a $10 million legal fellowship program to place 125 new law school graduates with legal-aid groups around the country over the next five years. "This fellowship is a further way for us to demonstrate that large law firms are concerned about...
Bellamy served in the Peace Corps in Guatemala and after getting her law degree from N.Y.U., joined the Wall Street megafirm of Cravath, Swaine & Moore. Elected to the senate in 1972, she got involved with the city's financial plight by chairing the Democratic task force on the crisis. Bellamy, 35 and unmarried, is eager to get on with the job. "I worry about my intensity," she says, "but government is the critical element in our lives...
...borrowed $10,000 into the American Kardex Co., which marketed a filing cabinet he had invented, then in 1925 merged with his father's company, and in 1927 with the Remington Typewriter Co. The final merger, with the Sperry Corp. in 1955, resulted in Sperry Rand, a megafirm with annual sales of more than $1 billion...
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