CORRECTING and REPLACING Alicia Plerhoples Joins Stanford Law School as the Inaugural...

CORRECTING and REPLACING Alicia Plerhoples Joins Stanford Law School as the Inaugural Orrick Herrington & Sutcliffe Fellow in the Organizations and Transactions Clinic

STANFORD, Calif.--(Business Wire)--
Sixth graph, second sentence of release should read: "Pro bono
contributions and community service are an important part of Orrick's
culture and its history, and we hope that students who participate in
the clinic will gain a similar appreciation." (sted "Pro bono
contributions and community service are an important of Orrick's
culture...").

The corrected release reads:

ALICIA PLERHOPLES JOINS STANFORD LAW SCHOOL AS THE INAUGURAL
ORRICK HERRINGTON & SUTCLIFFE FELLOW IN THE ORGANIZATIONS AND
TRANSACTIONS CLINIC

The Organizations and Transactions Clinic (O&T) of Stanford Law
School's Mills Legal Clinic today announced the appointment of Alicia
Plerhoples as its first Orrick Herrington & Sutcliffe Fellow.

One of ten clinical programs offered by Stanford Law School, O&T
provides free corporate legal services to nonprofit organizations and
provides clinical training to Stanford Law students interested in
business and transactional work. Under the supervision of clinic
director Jay A. Mitchell -- and now Plerhoples -- O&T students perform
targeted legal reviews and advise clients about governance practices;
prepare by-laws and board policies; plan transactions, draft contracts
and other operating documents; and much more.

"Alicia brings to Stanford Law impressive practice, pro bono, and
academic credentials," said Mitchell. "She will be a tremendous asset
to the clinic as we carry out our primary mission--to prepare students
for real-world corporate practice while instilling in them a
commitment to public service."

Most recently Plerhoples was an associate at Cooley Godward
Kronish LLP, where she advised financial institutions and emerging
biomedical and technology companies on credit finance arrangements.
Previously, Plerhoples worked as an associate in the finance and real
estate departments at DLA Piper US LLP, where in addition to
representing real estate lenders and other financial institutions she
had an active pro bono practice. She earned a JD from Yale Law School
and an MPA from Princeton University's Woodrow Wilson School of Public
& International Affairs in 2005. She also holds a BA from Harvard
University.

Stanford Law School established the Orrick Herrington & Sutcliffe
Fellowship in 2007 thanks to a $250,000 commitment over five years
from Orrick Herrington & Sutcliffe, a firm known globally for the
caliber of its transactional practice and its strong pro bono
tradition. The fellowship allows a lawyer to spend two years honing
skills in public interest law and clinical teaching.

"Orrick is pleased to support the creation of this fellowship
because it offers rewarding opportunities for professional and
personal growth for students as they develop their capacities as
lawyers," said Orrick partner James Kramer. "Pro bono contributions
and community service are an important part of Orrick's culture and
its history, and we hope that students who participate in the clinic
will gain a similar appreciation."

The appointment of Plerhoples follows a highly productive first
semester of operation for O&T, which opened in January 2008. Among
other accomplishments, clinics students planned and documented a
pending merger of seven nonprofit charter schools; drafted market
rules for a new farmers' market in East Palo Alto; provided governance
counsel to veteran's rights, youth development, immigrants' rights and
other organizations; and drafted a grant agreement, reporting template
and other grantmaking documents for a San Francisco-based foundation.

"I look forward to working with Jay and the high-caliber law
students at Stanford Law in filling the transactional legal needs of
Northern California nonprofit organizations," said Plerhoples.

About the Mills Legal Clinic

Stanford Law School offers a variety of clinics that litigate in
specialized fields, including environmental protection, immigrants'
rights, community law, cyberlaw, educational advocacy, and
international human rights. The clinics provide pro bono
representation and operate cohesively as a single law firm, the Mills
Legal Clinic of Stanford Law School. The Mills Legal Clinic provides
students an opportunity to apply classroom theory to real client
situations and to develop a lifelong commitment to public service
values.

About the Organizations and Transactions Clinic

The Organizations and Transactions Clinic, part of Stanford Law
School's Mills Legal Clinic, provides pro bono corporate legal
services to Bay Area nonprofit organizations. Students work on
corporate governance, contracts and collaborations and external
communications matters. The clinic seeks to give students
opportunities to develop analytical, planning, editorial and
counseling skills in the context of both live client projects and
reality-grounded classwork, all with an eye to how business lawyers
can serve the community.

About Stanford Law School

Stanford Law School (www.law.stanford.edu) is one of the nation's
leading institutions for legal scholarship and education. Its alumni
are among the most influential decision makers in law, politics,
business, and high technology. Faculty members argue before the
Supreme Court, testify before Congress, and write books and articles
for academic audiences, as well as the popular press. Along with
offering traditional law school classes, the school has embraced new
subjects and new ways of teaching.

About Orrick

Orrick, Herrington & Sutcliffe LLP is a global law firm with more
than 1,100 lawyers in North America, Europe and Asia. The firm focuses
on dispute resolution, complex and novel finance, and innovative
corporate transactions. The firm's 21 offices are located in Beijing,
Berlin, Dusseldorf, Frankfurt, Hong Kong, London, Los Angeles, Milan,
Moscow, New York, Orange County, Pacific Northwest, Paris, Rome,
Sacramento, San Francisco, Shanghai, Silicon Valley, Taipei, Tokyo and
Washington, D.C.

Stanford Law School
Amy Poftak, 650-725-7516
Assistant Director of Communications
poftak@law.stanford.edu
or
Orrick Herrington & Sutcliffe LLP
David Schaefer, 415-773-5972
Director of Communications
dschaefer@orrick.com

Copyright Business Wire 2008