Who's making money in this lousy economy? Mega-lawyer Rodge Cohen of Sullivan & Cromwell sure is! He handled both Lehman's bankruptcy and the AIG bailout this week. [AmLaw via ATL]

Vault.com has posted its list of the most prestigious law firms in America. The top three: Wachtell, Cravath and Sullivan & Cromwell. Not a coincidence: None of these names make appearances on the site's list of the "best firms to work for." [Vault.com, via ATL]

In a letter from software giant Microsoft's lawyers at Sullivan & Cromwell to proxy board members, the company rescinded the agreements it had struck in case of a hostile take-over bid for Web search pioneer Yahoo. But hey, with Yahoo CEO Jerry Yang now begging for deal with tail tucked and head down, the companies…