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Global Legal Awards: Global Citizenship Awards of the Year

In this category, The American Lawyer Global Citizenship Awards honor global matters dedicated to the spirit of pro bono and social responsibility.

Who's In, Who's Out

Here are the details about recent or upcoming changes at Am Law 100 firms since Jan. 1, 2013. Departing leaders include many with 15 or more years at the helm.

SEC OKs Rules for Asset-Backed Securities, Credit Rating Agencies

By Jamille Sutton |

The Securities and Exchange Commission approved additional disclosure requirements for issuers of asset-backed securities and has tightened its control over credit rating agencies in order to better protect investors, the agency announced on Wednesday.

Paramount Group Files for IPO

By Jamille Sutton |

U.S. real estate firm Paramount Group Inc. filed papers for an initial public offering with the Securities and Exchange Commission on Wednesday, in what could be one of the largest real estate IPOs in the U.S., The Wall Street Journal reports.

Prosecutors Seek Delay in SEC Case Against Cohen

By Jamille Sutton |

U.S. prosecutors have requested that the Securities and Exchange Commission continue to delay its case against billionaire hedge fund investor Steven Cohen because criminal cases against his former employees have not yet been closed.

The Ambassador Bridge to Windsor, Ontario over Jefferson Avenue in Detroit, Mich. Detroit Bankruptcy Judge Steven Rhodes took a bus tour of the city on Aug. 8, 2014.

Detroit Bankruptcy Trial Steps Into Uncharted Territory

By Susan Beck |

The city's proposed plan to emerge from the biggest municipal bankruptcy is fraught with complexities. Among the issues to be argued by several Am Law firms during the six-week trial, which begins Tuesday, is whether securities holders insured by Syncora Guarantee Inc. are getting their fair share.

Global Legal Awards: Global M&A Deals of the Year

In this category, The American Lawyer's Global Legal Awards honor the 10 cross-border deals and disputes of 2013 that best exemplify the challenges of transnational legal practice.

The Churn

Kirkland IP Duo Departs, Plus More Lateral Moves

By Brian Baxter |

Two more IP litigation partners leave Kirkland & Ellis, a Bingham McCutchen corporate partner goes in-house, Jones Day scores a Latin American dealmaker and Ropes & Gray grabs a high-profile private equity partner in our latest look at notable hires from throughout The Am Law 200.

Welcome, Freshmen! A New Class Leads Am Law 100 Firms

By Julie Triedman |

A remarkable transformation is taking place among The Am Law 100 as nearly one in four firms takes on a new leader.

Am Law Firms Help Smooth Family Feud Over Market Basket

By Ross Todd |

Armed with a battalion of lawyers from Skadden, Ropes & Gray, Jones Day and Curtis Mallet-Prevost, warring factions of the family-owned Market Basket grocery stores announced a truce Thursday in their fight for control of the chain, with minority shareholders agreeing to buy out majority shareholders.

Snapchat CEO Evan Spiegel

Amid Snapchat’s Rise, Legal Advisers Abound

By Brian Baxter |

The Silicon Beach photo messaging service Snapchat was valued at $10 billion this week following an investment from venture capital firm Kleiner Perkins Caufield & Byers. Behind the startup's rapid rise to fame are a handful of firms, including Cooley, which does most of Snapchat’s outside legal work, and others like Perkins Coie and Quinn Emanuel Urquhart & Sullivan. Snapchat CEO Evan Spiegel is the son of two lawyers with Am Law 100 ties.

Midlevel Report: Who Actually Takes Their Vacation Time?

The American Lawyer takes a look at firms where respondents to our Midlevel Associates Survey reported taking the most and the fewest vacation days in 2013. The average number of days taken was 12.50.

David Feirstein and William Sorabella

Dealmakers of the Week: Kirkland & Ellis' Sorabella and Feirstein

By MP McQueen |

As lead advisers for Burger King on its $11.4 billion tie-up with Canadian coffee-and-doughnut chain Tim Hortons, William Sorabella and David Feirstein helped oversee one of the most visible corporate tax inversions yet.

Trial Underway for Broker Accused of Profiting from Terminal Patients

By Jamille Sutton |

This week marks the start of a trial between the Securities and Exchange Commission and a New York broker accused of taking part in a plot to profit from the deaths of terminal patients through variable annuity sales.

FINRA Fines Citigroup $1.85 Million

By Jamille Sutton |

The Financial Industry Regulatory Authority has fined Citigroup Global Markets Inc. $1.85 million after its securities unit failed to present customers with the best prices in roughly 22,000 trades over more than three years, the agency announced on Tuesday.

O'Melveny Sees Wave of Departures in Singapore

By Tom Brennan |

Over the past nine months, the Los Angeles-based firm has lost 14 lawyers in its city-state office. Why have so many left, and what does O'Melveny plan to do next?

Baker & McKenzie in Amsterdam, The Netherlands

Baker & McKenzie to Open Belfast Back Office

By MP McQueen |

The firm plans to man the office, which will open next month, with 120 employees by the end of the year, and eventually ramp up to as many as 250 employees within the next three years.

The Best Places to Work

Global Legal Awards: Global Finance Deals of the Year

In this category, The American Lawyer's Global Legal Awards recognizes the 10 deals that best exemplify the challenges of transnational finance practice, from capital markets offerings to capital restructurings to infrastructure projects conceived on a vast scale.

Jones Day Nabs Shearman's LatAm M&A Head

By Brian Baxter |

Michael McGuinness, a corporate partner and former head of the Latin American M&A practice at Shearman & Sterling in New York, has left the firm for Jones Day, which over the past year has sought to slake its thirst for south-of-the-border clients by opening an office in Miami and making key lateral hires.

Big Suits

By Jan Wolfe |

U.S. v. Rajaratnam; In Re Electronic Books Antitrust Litigation; In re ITT Educational Services Securities Litigation; U.S. v. Citigroup

Law Firm Leadership: Who's In, Who's Out

The past few years have seen a generational shift in leadership at many firms. Here are the details about recent or upcoming changes at Am Law 100 firms since Jan. 1, 2013. Departing leaders include many with 15 or more years at the helm.

Twenty-Five Things Your Associates Want You to Know

By Ross Todd |

The one thing that midlevels want to tell their managing partner.

2014 Lifetime Achievers

Our 11th annual awards honor distinctive careers and public service.

Which Schools Produce the Most Satisfied Big-Firm Lawyers?

As part of our Midlevel Associates Survey, we asked respondents to rate their law schools on how well they prepared them for firm life.

Satisfaction By City

Thomas Sager

Lifetime Achiever: Thomas Sager

By Susan Hansen |

DuPont's general counsel became one of the industry's leading advocates for diversity in outside counsel.

Freeh's Accident Highlights Need for Leadership Depth

By Gina Passarella |

Pepper Hamilton Chairman Louis J. Freeh, a former judge and director of the FBI, was in a New Hampshire hospital Tuesday after suffering serious injuries in a one-car accident in Vermont.

The 2014 Associates Survey: Midlevels Are Happy, But...

The latest results from our Midlevel Associates Survey show that respondents' overall job satisfaction strongly correlates with how well they believe their law schools prepared them for practice.

What Associates Can Do to Get Ahead—Right Now

By Ross Todd |

Advice for midlevels from hiring partners, career coaches and recruiters.