Here are this morning’s top stories:

Linklaters
London’s Linklaters , the world’s second largest law firm by revenue, will eliminate 70 partners and 10% of associates. The initiative is said to be called “Linklaters New World…”
Reed Smith reports a 10% increase in gross revenue to $980 million in 2008, on the back of significant lateral expansion…
The American Lawyer has an interview with Venable partner James Hanks Jr., who was on board US Airways Flight 1549 when it landed in the Hudson River a week ago…

HR Bhardwaj, India’s justice minister, says his government has circulated draft regulations on allowing foreign law firms to practice in India…




