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Waverider110

03/26/07 11:21 PM

#1714 RE: Waverider110 #1713

Arps, Slate, Meagher & Flom in New York City:

(Where David Rees cut his teeth, does not hire just any law grad:)

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (a.k.a. "Skadden, Arps", "Skadden", or "SASM&F"), founded in 1948, is one of the largest and wealthiest law firms in the world. Its headquarters are in New York City. In most jurisdictions, the firm is organized as a limited liability partnership (LLP). The firm's better-known alumni include New York State Governor Eliot Spitzer.

Skadden has approximately 1,915 attorneys[3] in 22 offices. The total number of employees is nearly 4,500. With US$1.61 billion in annual revenue, Skadden is the largest law firm in the U.S. in terms of revenue.[1] The firm has held this position for nine years running and in 1999 became the first law firm to exceed US$1 billion in annual revenue. Its revenue also makes Skadden the third largest law firm in the world, behind two U.K. firms.[1] In terms of the number of attorneys, Skadden is the largest law firm in the state of New York,[4] the fifth largest in the United States,[3] and the eighth largest in the world. Skadden ranks 216th on Forbes's list of the largest U.S.-based private companies.

http://www.skadden.com/Index.cfm?contentID=6&viewType=2


cautiouslyoptimistic

03/26/07 11:45 PM

#1715 RE: Waverider110 #1713

What is interesting to me is why Mr. Rees was "appointed" as CEO? Who appointed him? What is his connection to WRNW that brought this about?

Obviously, someone with these credentials doesn't just jump in the CEO role of a pinkie for nothing. That leads me to believe that there is more potential here than we maybe realize.

Risky? Sure, but maybe not as risky as it was with Earl Grey at the helm.