The Am Law Daily
By Julie Kay, May 23, 2013
Carlton Fields is poised to merge with insurance specialty shop Jorden Burt in a deal that would create a 310-lawyer law firm with offices in Florida, New York, Washington, Atlanta, and Connecticut.
By Tom Huddleston Jr., May 23, 2013
Buyout firm Apax Partners has agreed to pay $1.1 billion in cash for clothing company rue21, which markets affordable clothes to teenaged shoppers. Am Law 100 firms Simpson Thacher, Kirkland & Ellis, and Ropes & Gray are among the advisers on the deal.
By Sara Randazzo, May 23, 2013
Elly Rosenthal, who worked in Proskauer Rose's finance department for more than 18 years, sued her former employer for $10 million in October 2011, claiming she was the subject of age, gender, and disability discrimination. She has now dropped two of those claims and is focusing her fight on the firm's decision to fire her shortly after she returned from a three-month medical leave she took to recover from treatment for breast cancer.
By Tom Huddleston Jr., May 22, 2013
Not known for making many lateral hires, Sullivan & Cromwell announced Wednesday that Linklaters banking and restructuring partner Christopher Howard is joining the firm's London office, where he will work on cross-border restructurings and bolster an expanding finance practice.
By Brian Baxter, May 22, 2013
Doing their part to launch a surefire local rivalry for Major League Soccer's New Jersey-based New York Red Bulls, Akin Gump, DLA Piper, Herrick Feinstein, and Paul Hastings all landed roles on the $100 million deal announced this week to create the New York City Football Club. The new team, a joint venture between Major League Baseball's New York Yankees and the English Premier League's Manchester City F.C., could ultimately move into a $340 million stadium that MLS and its lawyers from Fried Frank and Proskauer Rose hope to see completed by 2016.
By Sara Randazzo, May 22, 2013
Diamond McCarthy, a Texas litigation shop with a track record of suing other lawyers, has been brought in by Dewey & LeBoeuf's Chapter 11 liquidation trustee to recover money from certain former Dewey partners.
In fiscal 2012, The Am Law 100—which has a new leader in gross revenue this year—posted modest gains on all our key metrics. Read the complete package.