Editor's Picks


Growth Spurt

By Anna Zhang |

Pacific law firms are on a tear. Since 2011, the 50 largest firms based in the Asia-Pacific region have raised their lawyer numbers by 65 percent, to 41,255 lawyers, according to the latest data from The Asia 100 survey. That rate far outpaces the head count growth seen in The Global 100 in the same period (14 percent) or in The Am Law 100 (8 percent).

Hogan Lovells sign outside the Columbia Square building where their D.C. offices are located. January 19, 2012. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Why Don't More Firms Have Back Offices?

By Susan Beck |

Despite savings, few firms have opened shared service centers.

Kerrie Campbell, partner with Chadbourne & Parke, in Washington, D.C. September 1, 2016. Photo by Diego M. Radzinschi/ALM.

Chadbourne Hit With New Complaint—and Video—in Gender Bias Suit

By Brian Baxter |

Plaintiffs led by Chadbourne & Parke litigation partner Kerrie Campbell and former Kiev office managing partner Jaroslawa Johnson have filed an amended complaint in their $100 million gender bias suit against the firm. Proskauer is representing Chadbourne in the case, which now includes several individual partners as defendants.

Paul Weiss' Bet on Barshay Yields a New M&A Client

By Nell Gluckman |

The firm's high-profile hire from Cravath, Swaine & Moore led the legal team that advised Qualcomm Inc. on its proposed $47 billion acquisition Thursday of NXP Semiconductors NV.

Damon Vocke of Vocke Law Group

Ex-Gen Re GC Forms New Insurance Boutique

By Meghan Tribe |

Damon Vocke, a former president and general counsel at Berkshire Hathaway Inc. reinsurance subsidiary General Re Corp., said Wednesday that he would form his own boutique. Four other lawyers are joining Vocke as partners at his new firm, which will have offices in three cities.

Outgoing Paul Weiss partner Toby Myerson

Leading M&A Partner Leaves Paul Weiss to Launch Business Advisory Firm

By Nell Gluckman |

Toby Myerson is leaving after 33 years at the firm, where he helped build a corporate department that has attracted high-profile lateral partners this year from Cravath, Swaine & Moore and Cadwalader, Wickersham & Taft.


The Asia 100: Chinese Firms See Dramatic Growth

By Anna Zhang |

Our annual survey of law firms in the Asia-Pacific region shows rapid expansion for Asia-based firms over the past five years, far eclipsing the growth rates of the biggest U.S. or global firms.

Weil, Sidley Snag Roles on Two More Big Energy Bankruptcies

By Brian Baxter |

The ongoing energy bust has claimed two more victims in Houston-based Key Energy Services Inc. and Fort Worth-based Basic Energy Services Inc., both of which filed for Chapter 11 protection this week in Delaware.

Wall Street Firms Lead on Big Brokerage Merger

By Brian Baxter and Nell Gluckman |

Wachtell, Sullivan & Cromwell, Simpson Thacher and Fried Frank are advising on a $4 billion cash-and-stock merger that will see Scottrade be acquired by TD Ameritrade and Toronto-Dominion Bank, better known as TD Bank. The deal unites two of the largest discount brokerages in the U.S.

Deal Watch: Cravath Leads on Time Warner, Tobacco Mega-Mergers

By Brian Baxter and Meghan Tribe |

Christmas has come early to Cravath, Swaine & Moore. The firm is advising British American Tobacco on a $47 billion cash-and-stock bid for the remaining stake in cigarette giant Reynolds American it doesn’t already own. Meanwhile, another longtime Cravath client, Time Warner Inc., has agreed on a $108.7 billion sale to AT&T.

Joseph Sohm/Shutterstock

Trump's Campaign, Already a Boon to Lawyers, Could Serve as Litigation Fund

By Brian Baxter |

Donald Trump's presidential campaign saw its monthly legal bills hit $500,000 in September, a sum that's almost half of what former Republican presidential nominee Mitt Romney accrued in all of 2012. And come November, any unspent funds in Trump's campaign coffers could be sent to his personal foundation, or used for litigation battles.

Joseph Sohm/Shutterstock

Trump and His Lawyers: Threats vs. Reality

By Steven J. Harper |

Is Donald Trump holding his attorneys back, or is it the other way around?

Norton Rose Fulbright Chief Targets Strategy Shift

By Anna Ward |

Peter Martyr, CEO of the London-based legal giant, said he's on a mission to transform how staff and lawyers work, putting flexibility at the heart of a plan to drive global efficiency and transform the business.

Lisa Ferri.

Panel Urges Big Reforms to Boost Law Firm Diversity

By Nell Gluckman |

Speakers at an event hosted by Mayer Brown in New York said that structural changes are needed to bring more women and minorities into positions of power.

David Frederick, left, and Stephen Tillery, right.

US Agency Paid Two Firms Over $1 Billion in Battle With Banks

By Scott Flaherty |

Kellogg Huber and Korein Tillery earned more than $1 billion in contingency fees for leadling the National Credit Union Administration's legal fight with big banks.

George Town, Grand Cayman in the Cayman Islands

Holland & Knight Takes Lead in Cayman Fund’s Bankruptcy

By Meghan Tribe |

Two Cayman Islands-based funds controlled by Platinum Partners, a hedge fund caught up in a federal fraud probe, filed for bankruptcy Tuesday in Manhattan.

Cooley Comes Up Empty in Two Bankruptcy Cases

By Brian Baxter |

The Am Law 100 firm is owed a collective $1.57 million in fees from Implant Sciences Corp. and Sotera Wireless Inc., two companies that recently filed for Chapter 11 protection in Delaware and San Diego, respectively. A handful of other firms are also owed money by the debtors.

Jaroslawa Z. Johnson.

Ex-Chadbourne Partner Discusses Decision to Join Gender Bias Suit

By Brian Baxter |

Jaroslawa Zelinsky Johnson, a former managing partner of Chadbourne & Parke’s defunct Kiev office, is the second named plaintiff to come forward in a $100 million gender bias suit against the firm.

Zurich Switzerland.

Baker & McKenzie Bags 10-Lawyer Swiss Team

By Meghan Tribe |

Baker & McKenzie, which has had a presence in Switzerland for more than 50 years, has hired a 10-lawyer team from local firm Froriep to bolster its presence in the country's financial services center of Zurich.

As Rates Soar, Some Firms Profit by Coming Down to Earth

By Nell Gluckman |

A new report suggests that clients rewarded firms that took a less aggressive approach to billing rate hikes.

Eric A. Seeger. Handout photo. 2/2012

Could Fourth Quarter Usher in a Spate of Big Firm Combinations?

By Nell Gluckman |

Within the past week, at least four large firm mergers were announced, suggesting that the fourth quarter could see an uptick in activity after a slow third quarter.

Donald Mrozek

New Hinshaw Practice Aimed at Advising Other Law Firm Leaders

By Roy Strom |

The former leader of Hinshaw & Culbertson has taken his years in management coupled with the firm's legal work on behalf of law firms to form a law firm consulting practice. Dewey & LeBoeuf's former general counsel, who joined Hinshaw last year, is part of the group.

Paris, France.

Littler Doubles Down on Europe With 170-Lawyer French Merger

By Chris Johnson |

Almost exactly a year after establishing its first presence outside the Americas with a German merger, Littler has expanded its European footprint by combining with 170-lawyer French firm Fromont Briens.

Deal Watch: All About Energy and a Sanction-Free Sale

By Meghan Tribe |

Energy company acquisitions dominated the billion-dollar transactional tables last week and a big deal announced over the weekend—one specifically structured to avoid Western sanctions—has yielded roles for a half-dozen firms from the U.K. and India.

Canadian Lawyer, Ex-Alberta Premier Killed in Plane Crash

By Brian Baxter |

Jim Prentice, a well-respected lawyer who worked at Canada's Fraser Milner Casgrain and once served as Alberta's premier, died at 60 on Oct. 13 with three other people in a plane crash in British Columbia. Prentice was once called "the chief operating officer" of Canada by the country's former prime minister.

As Trump's Troubles Pile Up, Lawyers Line Up

By Brian Baxter |

Marvin Putnam and Marshall Grossman, two lateral hires by Latham & Watkins and Orrick, respectively, are the latest lawyers to represent clients caught up in the traveling circus that has become Donald Trump's presidential campaign. Gibson Dunn's Ted Boutrous Jr. and Beverly Hills litigator Charles Harder have also entered the mix.

Creighton Condon.

Shearman Gambles on Wall Street Rarity: Nonequity Partners

By Susan Beck |

Shearman & Sterling's move to expand its nonequity tier will likely increase the firm's profitability, at the least in the short term. But it also carries risks.

Donald Trump.

Trump's Tax Returns—From Russia With Love?

By Steven J. Harper |

Everyone assumed that Trump refused to release his tax returns because he paid little or no federal income tax. That could be the best-case scenario, writes columnist Steven Harper.

New York Skyline

Sheppard Mullin Snags Sichenzia Ross Founding Partner

By Brian Baxter |

Richard Friedman, the former head of New York's Sichenzia Ross Friedman Ference, has left the firm he co-founded in 1988 to join Sheppard, Mullin, Richter & Hampton. Three other partners are also making the move.

Ex-Chadbourne Partner Seeks to Join Campbell's Gender Bias Suit

By Brian Baxter |

Jaroslawa Zelinsky Johnson, a former managing partner of Chadbourne & Parke's now-defunct Kiev office, has filed papers with a federal court in New York seeking to join a putative class action against her former firm filed in late August by current litigation partner Kerrie Campbell.