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Morning News Roundup for Monday

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Morning News Roundup for Monday

This morning’s top stories:

Chadbourne & ParkeNew York’s Chadbourne & Parke has announced a salary freeze for 2009. The Above the Law blog says bonuses will be on a “Cravath, half-Skadden scale…”

Comparing himself to a cowboy facing a hanging, Illinois Governor Rod Blagojevich condemned the state Senate for preparing to remove him from office, so it could “raise taxes on the middle class and serve the special interests…”

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Kaye ScholerNew York litigation firm Kaye Scholer, representing the trustee in hip hop entrepreneur Marion “Suge” Knight’s bankruptcy case, is requesting a $6.8 million fee for having to deal with Knight’s “gangster-style” nonsense

Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on the rise

Simmons & Simmons has asked its March 2009 trainees to consider deferring until 2010, with two trainees accepting the offer…

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