Law:

Cravath's Presiding Partner: Time to Kill the Billable Hour
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Killing the Billable Hour: One Op-Ed At A Time
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Judge: In a Down Economy, Should SEC Bargain Law Firms Down?
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Sonnenschein: Top Bonuses For Top Performers, Salary Freeze For All
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Morgan Lewis Move to Merit Based Bonuses For FY 2009
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Weil Advising Icelandic Bank on Action Against British Government
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Group From Calif.-based Dreier Stein Breaks Off to Form New Firm
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The $57 Million Dollar Typo (Or: Reason Number 57 Why I Shouldn't Be a Practicing Attorney)
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Boom Times for Legal Outsourcing
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How McDermott Tackled its Leverage Problem
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Linklaters Announces Bonus Cutbacks for U.S. Associates
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Judge Allows Bloggers to Use Computers, Cell Phones for Live Trial Coverage
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News Service Challenges Missouri's Sale of Courts' E-Filing System
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Cravath's Presiding Partner: Time to Kill the Billable Hour
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Ex-Holland & Knight Partner Files Suit in Benefits Dispute
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Legal Advertising's Biggest Spender
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Recovery ready lawyers make moves
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Weil, Gotshal & Manges To Present Program On 2009 Legal Outlook
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Bad Economy Makes It a Good Time to Go It Alone
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Testimony: Former Pa. Senator Funneled Work to Law Firms
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Litigation is often considered the bane of Corporate America. But one British firm considers it an asset
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I worked as an associate at recently-dissolved firm. Will this hurt my resume?
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Survival Tip: It's O.K. To Turn Down Partnership
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Another hearing sought in missing pants case
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Judges:

More sex charges for federal judge
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Judicial ethics case draws array of allies
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Florida High Court Scolds Judge for His Opinion's 'Personal Attack' on Colleague
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Wall Street:

US Stock Futures Drop on Earnings Concern
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World Markets Mixed as Indian Stocks Plunge
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Fourth-Quarter Earnings: How Bad?
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Corporate Bankruptcies: A Key Investor Concern in the New Year
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Stock indexes highest since early November
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FSA May Extend Short-Sale Rules to All UK Shares
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We lost five big investment banks in 2008, but how much does that really matter?
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Banking:

S&P says US banks face credit quality decline
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Wilbur Ross: I will buy a bank
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Oak Ridge Financial to receive government funds
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Regions Bank on the line for almost $40 million in Tennessee bankruptcy case
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Risk managers remain bit players at banks: survey
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Aviation:

Dec. Traffic At Continental,Other Carriers,Bodes Well For '09
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Layoffs:

IBM May Cut Thousands of Jobs This Month, Employee Group Says
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Alcoa to lay off 13 percent of employees - 13,500
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CIGNA to cut 1,100 jobs, citing weak economy
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McGraw-Hill Cuts 375 More Jobs
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Brunswick to cut up to 275 jobs as demand weakens
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Polycom cuts 6 percent of work force
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Ethan Allen Interiors to eliminate 350 jobs
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Los Angeles school district expects layoffs
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Caught Between WARN And A Hard Place
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Workers who held sit-in file labor complaint
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Theme Parks:

Judge allows Hard Rock Park owners to liquidate
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Municipalities:

Mass. lawmakers approve Springfield finance bill
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Ariz. treasurer says state short of cash for bills
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How bad is it? Arizona applies for bank loan
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City Trades Its Yankee Stadium Suite for Cash
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Denver Aims to Ride Out the Recession
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Junk-bond status may cost Detroit millions
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Snows Falls, Budgets Fall Apart
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Government pension abuse costs taxpayers
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Chemicals:

LyondellBasell remains in talks with creditors
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LyondellBasell files for bankruptcy protection
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Lyondell Chemical Blames Falling Demand for Bankruptcy Filing
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Black’s Apollo Said to Be Among Lenders in Lyondell Bankruptcy
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Billionaire Blavatnik hit hard by Lyondell failure
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Basell Finance USA files for Ch. 11
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LyondellBasell bankruptcy spooks Asian petchems
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UBS says LyondellBasell exposure was in Q3 figures
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Games:

Midway Gains Reprieve In Bankruptcy Struggle
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Insurance:

Greenberg's Boiling Mad At AIG Sale
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AIG: The Company That Came To Dinner
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AIG’s Rebranded Auto Unit May Be Among First Sold, Analysts Say
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Manulife facing probe by US officials
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The Coming Meltdown. Part Two: Insurance
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Distressed Investing:

Legal Considerations In Purchasing A Distressed Business
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Health Care:

Health Spending Growth Falls on Flood of Generics
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MicroIslet gains final OK for DIP
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Kessler officials pursue options to keep hospital open
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Financial Services:

Merrill’s financial advisers’ loyalty questioned
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Millionaires Say Advisers Failed Them in Crisis, Survey Shows
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Celebs:

Vick wants to sell Ga. home at auction
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Sovereign Debt:

Governments test bond markets
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Personal Finance:

Pawn Shop Borrowing: The Upside
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Recessionary gifts: utility gift card sales jump
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Student Debt:

Tight credit, poor economy squeezing access to college
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Tax:

Trade Groups Seek Same Forgiven-Debt Tax Break Given to Homeowners
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IRS agents soften heart for delinquent taxpayers
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Fitness:

Gyms feel the burn of leaner wallets
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Economy:

Factory Orders in the US Tumble More Than Forecast
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Service Industries, Pending Home Resales Decline
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Minutes Show Depth of Fed’s Concern
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Economists Warm to Government Spending but Debate Its Form
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Obama Pushes States To Cover Unemployed
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Round 2 of propping up the economy
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Hard Times: From Wall Street to Main Street to Elm Street
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Bailout Costs Now Exceed That of American Wars
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December Credit Manager's Index Hits Record Low
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The economy is horrid, but at least it is getting worse at a slower rate
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Half of Americans Oppose Bailout for Troubled Homeowners
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Uncle Sam's 16% Return: How Treasury's Bank Investments Are Making Money
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Gov't projects $6.5M in bailout admin costs through Jan.
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The Failing TARP
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Economy in grip of recession, reports show
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Obama says trillion-dollar deficits may last years
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Fed: Economic Woes Will Last Despite Radical Moves
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You Say Recession, I Say Depression
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S&P projects credit losses will rise into 2010
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How Geithner can avoid Paulson's mistakes
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10 Worst Bailout Boondoggles
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Real Estate:

Pending home sales plunge to record low in Nov.
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Manhattan Apartment Sales Drop, Office Rents Fall in Recession
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Manhattan Office Rents Fall Most in Two Decades
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Troubled '09 economy leaves commercial lease signs posted
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Real-Estate Executive Is Found Dead
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Donald Trump is back - and objecting to bankruptcy plan of former business partner
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Ex-Realtor Economist Admits to Housing 'Spin'
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Rewriting Frankenstein Contracts: The Workout Prohibition in Residential Mortgage-Backed Securities
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Apartment rents show first decline in over 5 years
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Walter Industries to close homebuilding division
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Moody's downgrades Saxon's servicer ratings for subprime
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Cuomo’s Settlement Over Allegedly Discriminatory Mortgage Fees
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Living with less: People double up to save homes
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Autos:

Chrysler, With $4 Billion in US Aid, Won’t Report Finances
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Bailout creep: Chrysler Financial has a clever new plan
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General Motors May Not Require Further US Loans to Survive
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How Will GM's Financial Health Progress?
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Is rebirth next after 'Dark Dec.'?
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UAW members headed to Detroit to discuss revising auto contracts
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Another car dealer files for bankruptcy , this one in Georgia
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Banks Must Lend To Ernie Haire Customers
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Parts maker's financial woes spark standoff
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Mecachrome secures $41M
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Lear Corp. seeks to amend credit agreement
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November regional jobless rates up across Michigan
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Nissan Asks Its Dealers to Skip Detroit Show
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Toyota, Honda US Slump Ends Gains Dating to Mid-90s
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GM’s Opel Cuts Prices, Offers Cheap Loans Amid Slump
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SKorean 2008 auto output falls amid global crisis
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Enron:

Ex-Enron CEO Skilling to Be Resentenced After Convictions Upheld
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Appeals court ruling a 'big setback' for Skilling
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The lesson of Skilling: CEOs are still accountable
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Retailing:

US Shopping Mall Vacancies Reach 10-Year High as Stores Fail
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December Retail Sales to Spur Profit Warnings
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US retailers' 'bah, humbug' Christmas
(DBN Subscription Required)

Retailers Press Landlords on Rent
(WSJ: separate paid subscription required)

US Retail Sales Fell 0.8% in Week After Christmas
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Goody's CEO encourages good attitude, acknowledges liquidation
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Circuit City sales fall 43-50%
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Tiffany suffering from luxury spending slowdown
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Blue Tulip Wilts
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S&P cuts Jones Apparel unsecured notes ratings
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Mining:

Asarco still stuck on Sterlite sale
(DBN Subscription Required)

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Packaging:

Constar shares to be delisted
(DBN Subscription Required)

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Derivatives:

EU Threatens Credit-Swap Law as Clearing Deal Falters
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Oil/Gas:

Oil gives up early gains on more bad economic news
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Don't get used to cheap oil, analysts say
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Oil Traders Seek Another 10 Supertankers for Storage
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Flying J project will go ahead
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SemGroup execs urge caution
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SemGroup still seeks buyers
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SemGroup Clarifies Restructuring Process
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Predatory Lending:

Payday lender can't charge 365% loan rate
(DBN Subscription Required)

Conway Settles With Countrywide Mortgage
(DBN Subscription Required)

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Gambling:

Moody's: Gambling sector demand still soft in 2009
(DBN Subscription Required)

Casinos Go Into Panic Mode By Hiring Strategy Firms, Cutting Jobs
(DBN Subscription Required)

Lake Tahoe Cal Neva casino could face sale in coming months
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Accounting:

Supreme Court Review Sought in Public Accounting Board Case
(DBN Subscription Required)

Clash continues over fair value
(DBN Subscription Required)

Big Four Firms Combined Revenues Top $100B, Employment Nearly 600,000
(DBN Subscription Required)

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Academia:

Bankruptcy reorganization can rehabilitate companies with good operations and bad balance sheets, according to a soon-to-be released study
(WSJ: separate paid subscription required)

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Resorts:

It's matter of time for resort developer
(DBN Subscription Required)

Judge approves lease for festival
(DBN Subscription Required)

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Food/Drink:

Brewery lenders suing over defense obligation
(DBN Subscription Required)

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Dog Racing:

Questions arise in Hinsdale Greyhound Park bankruptcy
(DBN Subscription Required)

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ARS:

Raymond James unable to buyback ARS
(DBN Subscription Required)

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Software:

SCO seeks to keep exclusivity
(DBN Subscription Required)

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Consultants:

Hi-Tel adviser is opposed, conflict alleged
(DBN Subscription Required)

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