Another Firm Combo: Chicago law firm Schwartz Cooper is set to end operations next month, reports the Chicago Tribune. 53 of the firms 60 lawyers will join the Chicago office of Dykema.
D.C.'s Financial Sector: The WaPo reports that the D.C. area’s financial sector has sustained some of the most damage among local stocks. Arlington investment bank Friedman, Billings, Ramsey Group, D.C. investment firm Allied Capital, and Bethesda REIT CapitalSource are some of the firms that have taken hits.
Heller's Trouble: In the wake of last year’s revenue drop and dozens of partner departures, The Recorder reports via Law.com that Heller Ehrman may be in merger talks with Baker & McKenzie.
Civil Liberties: A University of Chicago law professor contributes this op-ed to the NYT today. He proposes that a new position should be created in the executive branch: a civil liberties adviser to the president.
Don't Ask, Don't Tell: In case you missed it, the NYT ran this piece Sunday about law schools that are standing up to the military’s “don’t ask, don’t tell policy.” The Vermont Law School is one institution barring military recruiters from campus, and losing out on federal funds as a consequence.