Word: lawyer
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Dates: during 1980-1989
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Edelman got a taste of his own tactics last September, when Manhattan lawyer Martin Ackerman launched a proxy war for Datapoint. Edelman responded by entrenching himself more deeply. In a two-day blitz of stock buying, Edelman boosted his stake from 10% to 40%, largely by purchasing stock with cash from Intelogic Trace. Edelman won, but pride had its price: Datapoint shares have fallen an additional 25% in value...
After three grueling years of law school, Darren Walker stepped into a plum job: a position as an associate with the prestigious Wall Street firm Cleary, Gottlieb, Steen & Hamilton. But what started out as a young lawyer's dream soon turned into a bleary round of long days and stressful nights. "I knew the end was near for me when I woke up on the floor of someone's office one morning and didn't know where I was," says Walker, 30. Having clean underwear and shirts delivered to the office by messenger too many times finally convinced him that...
...strain on lawyers has become so bad that two books have recently been written to warn the unwary. "Most law students don't know what they are getting into when they start law school," says Susan Bell, editor of Full Disclosure: Do You Really Want to Be a Lawyer? (Peterson's Guides; $11.95). "Practice is not L.A. Law. For all of the financial rewards, the toll is tremendous." Deborah Arron, author of Running from the Law: Why Good Lawyers Are Getting Out of the Legal Profession (Niche Press; $12.95), agrees. Says she: "Law has become all consuming...
EAST BERLIN--East Germany's embattled Communists today proposed Gregor Gysi, a 41-year-old reformist lawyer who has worked for the opposition, for the post of party chair, a party spokesperson said...
Gysi has spoken out for sweeping political and economic reform and acted as lawyer for the opposition group, New Forum. He has served on the interim party leadership and heads a committee investigating corruption allegations against the ousted leadership...