Bloomberg News

M&A Heats Up; Intrade Shuts Down; BigLaw Bonuses

November 29, 2012

Nov. 29 (Bloomberg Law) -- The search for life in the M universe has yielded some encouraging signs. Deals are back, Dechert M partner Bill Lawlor tells Bloomberg Law's Lee Pacchia in the Weekly Brief - especially as parties race to beat the scheduled expiration of the Bush tax cuts at year's end. Also in the lineup, US political junkies lament. You can no longer bet on presidential elections, the weather or anything else on Intrade's website. And last but not least, it's bonus time in BigLaw, with Cravath announcement on Monday of year-end associate bonuses ranging from $10,000 to $60,000.

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