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IN-DEPTH RESEARCH REPORT
on Dechert LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Dechert LLP

  • Designation: Philadelphia
  • Head Count: 803
  • Gross Revenues: $729,000,000
  • Revenue Per Lawyer: $910,000
  • Profits Per Partner: $2,100,000
  • Year Over Year Change: 3

Dechert is a national firm based in Philadelphia. According to the National Law Journal's 2011 NLJ 250 rankings of firms based on size, Dechert, with 756 attorneys is the forty-first law firm in the United States. In terms of revenue, the firm ranked 37th on The American Lawyer's 2011 Am Law 100 rankings of U.S. law firms with $648,500,000 in gross revenue in 2010. The firm has appeared in the top 75 of The American Lawyer's annual Am Law 100 rankings since 1986. In the 2011 Global 100 survey of firms worldwide, Dechert ranked as the 44th highest grossing law firm. In addition to Philadelphia headquarters, Dechert has 11 U.S. offices, including locations in Boston, New York, San Francisco and Washington, D.C. Overseas offices are located in Brussels, Frankfurt, London, Luxembourg, Munich, Paris, Beijing, and Hong Kong. In June 2010 the firm announced plans to open an office in Dublin. The firm's practice areas are broken into four broad categories: business, litigation, tax, and government.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 38 3 Gross revenue
Am Law 200 38 3 Gross revenue
NLJ 250 48 -7 Lawyer head count
The A-List 48 0 Overall excellence
Pro Bono Scorecard 12 -9 Pro-bono commitment
Diversity Scorecard 162 1 Minority head count
Midlevel Associates Survey 100 12 Job satisfaction
Summer Associates Survey 60 -13 Summer programs

In the News

People in the News - April 23, 2014

: The Legal Intelligencer : January 23, 2014

Clark Hill Thorp Reed attorney Stephanie K. Rawitt is set to serve as a member of the faculty for a CLE program presented by the Pennsylvania Bar Institute titled "A View Through the Looking Glass: Key Issues in Federal and State Wage-and-Hour Laws."

Plaintiffs With Separate Lawyers May Still Owe Class Counsel

Jeff Mordock : Delaware Business Court Insider : January 23, 2014

Plaintiffs who retain their own counsel in class action lawsuits may still owe attorney fees to other counsel who created additional benefits for shareholders, the Delaware Court of Chancery has ruled. The court issued the opinion when it awarded $3.9 million in attorney fees to a trio of law firms that reached a settlement between Revlon Inc. and its stockholders in a 2009 lawsuit, despite objections from Fidelity Management & Research Co.

Pressure Builds to Open Attorney Ethics Investigations

Todd Ruger : The National Law Journal : January 21, 2014

The U.S. Department of Justice faces new pressure to make lawyer-misconduct investigations more transparent and less subject to potential conflicts of interest.

Pa. Firms Can't Take 'Field of Dreams' Approach to Growth

Gina Passarella : The Legal Intelligencer : January 15, 2014

Pennsylvania law firms have largely focused their growth initiatives outside of the state with an eye toward capturing market share by opening offices in new cities. But recruiters from some of the most sought-after locales for Pennsylvania firms said the firms are going to have to tailor their approach if they want to be successful.

The Churn: Another Weil Defector, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 11, 2014

A Delaware-based litigation partner leaves Weil for DLA Piper; Mintz Levin lands three IP attorneys in Boston; and, a Utah U.S. attorney returns to Sidley Austin.

Judge Says FTC Can Sue Over Poor Data Security

Sue Reisinger : Corporate Counsel : January 10, 2014

In a case being closely watched by general counsel, a federal judge ruled the Federal Trade Commission has authority to take legal action against companies that have faulty consumer data security.

Court Weighs Prejudice of Letting Jury Hear Defendant's Rap Lyrics

Michael Booth : New Jersey Law Journal : January 09, 2014

The New Jersey Supreme Court hears arguments on whether admitting a rapper's lyrics, some of them violent, in his criminal trial was unduly prejudicial.

Paterno Family Seeks to Subpoena Pepper Hamilton for Freeh Report Docs

Max Mitchell : The Legal Intelligencer : January 09, 2014

The family of Joe Paterno has asked the Centre County Court of Common Pleas to allow them to subpoena Pepper Hamilton for documents related to the Freeh report.

Bob Heim: A Year of Multitasking on the Main Stage

Zack Needles : The Legal Intelligencer : January 08, 2014

Bob Heim was involved in some of the most high-profile cases in Pennsylvania and across the country in 2013.

Drinker Biddle CMO Departure Latest Marketing Move

Gina Passarella : The Legal Intelligencer : January 07, 2014

The once-ephemeral tenure of chief marketing officers among Am Law 200 firms has, for many, morphed into a much longer-term position as the legal marketing industry has matured. But nothing lasts forever.

Professional Excellence Awards

: The Legal Intelligencer : January 07, 2014

The Professional Excellence Awards supplement features articles on the finalists for Lawyer of the Year honors, as well as the corporate Legal Departments of the Year and the winners of the Lifetime Achievement Awards.

Krause, Third Circuit Nominee, Gets Through Committee

Saranac Hale Spencer : The Legal Intelligencer : January 04, 2014

Cheryl Ann Krause, President Obama's nominee for a seat on the U.S. Court of Appeals for the Third Circuit, cleared a hurdle Thursday on her way to the bench.

Haier America Hires Samsung Alum to Be Top Lawyer

Marlisse Silver Sweeney : Corporate Counsel : January 03, 2014

Looking within the electronics industry, the Chinese company hires an attorney with deep risk and litigation experience.

Madoff Feeder Fund Tremont Group Dodges Investor Suit

Jan Wolfe : The Litigation Daily : January 02, 2014

The ruling, which also dismisses claims against Tremont parents Oppenheimer and Mass Mutual, is a loss for attorneys at Cotchett, Pitre & McCarthy, who based their complaint partly on an exclusive jailhouse meeting with Madoff in 2009.

People in the News - April 1, 2014

: The Legal Intelligencer : January 01, 2014

Melanie A. Leney of Montgomery McCracken Walker & Rhoads' Cherry Hill, N.J., office was elected to the board of trustees of the Alice Paul Institute, a nonprofit whose mission is to promote gender equality.

Judge Weighs Sanctions in Favor of Anna Nicole Estate

Amanda Bronstad : The National Law Journal : January 01, 2014

A federal judge is set to decide whether to impose sanctions of up to $44 million against the estate of Anna Nicole Smith's former stepson.

April 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

The Churn: Weil, Patton Boggs See More Defections, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 01, 2014

Weil, Gotshal & Manges loses a securities litigation partner to Jenner & Block; Patton Boggs goes through another spate of departures; and Wilmer Cutler Pickering Hale and Dorr hires a former FBI director and his ex-chief of staff.

Big Suits

Jan Wolfe, Ross Todd, and Rebekah Mintzer : The American Lawyer : January 31, 2014

Motorola v. AU Optronics; In re Bank of American RMBS litigation; Vichi v. Konicklijke Philips; and more

Pitt Firm Pushes for Discovery in Case Against Lundy

Zack Needles : The Legal Intelligencer : January 24, 2014

A month after Philadelphia personal injury firm Lundy Law shot back at competitor Larry Pitt & Associates' second amended complaint by saying the Pitt firm has "stretched the facts as far as truth will allow—and beyond," the Pitt firm has responded that it has sufficiently alleged antitrust claims and that the case must proceed to discovery.

Price-Fixing Trial Was Boring. The Verdict Less So.

Amanda Bronstad : The National Law Journal : January 24, 2014

Treble damages boosted the recovery against Dow Chemical to $1.2 billion — the year's largest.

Spanier Arguments 'Inaccurate,' 'Disparaging,' Prosecutors Say

Max Mitchell : The Legal Intelligencer : January 20, 2014

Prosecutors have taken strong issue with arguments made by ex-Penn State President Graham Spanier, which they characterized as "inaccurate" and "gratuitously disparaging."

Firm Financials

: The Legal Intelligencer : January 19, 2014

The Legal explores the number revealing how Philly firms have fared this year in this collection of articles.

People in the News - March 18, 2014

: The Legal Intelligencer : January 18, 2014

Walter "Pete" Swayze III of Segal McCambridge Singer & Mahoney was reappointed general litigation practice group chair for the 2014 executive committee.

Cheers to Antitrust Work in Contested Glass Company Merger

Jenna Greene : Legal Times : January 18, 2014

With less than a month before trial, two glass makers and the Federal Trade Commission are on the verge of settling the agency's suit challenging the companies' pending $1.7 billion merger—a transaction that's involved dozens of antitrust lawyers from more than 20 firms.

Fed. Judge Wants Deeper Bench in Racketeering Suit

Saranac Hale Spencer : The Legal Intelligencer : January 17, 2014

The U.S. Attorney's Office in Philadelphia has been required by a federal judge to answer concerns that a racketeering case against the ironworkers' union isn't properly staffed.

New Deals

Tom Huddleston Jr. : The Am Law Daily : January 13, 2014

Two competing clothiers put an end to a months-long standoff on Tuesday with Jos. A. Bank agreeing to be bought by Men's Wearhouse in a cash deal worth $1.8 billion. Also, an investor group led by Cerberus Capital Management has struck a deal to acquire grocery store chain Safeway for roughly $9 billion in the largest leveraged buyout so far this year.

Simpson Snags More Blackstone Work, as Cybersecurity Stays Hot

Brian Baxter : The Am Law Daily : January 12, 2014

The latest noteworthy deal in the expanding cybersecurity sector finds Simpson Thacher & Bartlett advising longtime private equity client The Blackstone Group on its purchase of a majority stake in Denver-based Accuvant from Sverica International, which are being advised, respectively, by lawyers from Holland & Hart and Cooley.

People in the News - March 11, 2014

: The Legal Intelligencer : January 11, 2014

The Philadelphia Association of Defense Counsel is scheduled to host a luncheon CLE program at the Philadelphia Racquet Club beginning at 12:15 p.m. March 18.

The Churn: Akin, Simpson Add Houston Partners, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 11, 2014

Akin picks up Baker & McKenzie's former North America oil and gas chair and Simpson hires an M&A partner from Baker Botts, both in Houston; Reed Smith welcomes two regulatory partners, in Chicago and Washington, D.C.; and K&L Gates lands new partners in Milan and Washington, D.C.

The Legal Names Finalists for 2014 Attorney of the Year Award

Gina Passarella : The Legal Intelligencer : January 07, 2014

As part of The Legal's upcoming Professional Excellence Awards supplement, the three finalists for the Attorney of the Year have been named.

Schulte, Latham Lead on $9 Billion Safeway Sale

Tom Huddleston Jr. : The Am Law Daily : January 07, 2014

An investor group led by Cerberus Capital Management has struck a deal to acquire grocery store chain Safeway in the largest leveraged buyout so far this year. Schulte Roth & Zabel is advising the buyers, with Dechert and Baker Botts also providing antitrust advice. Latham & Watkins is representing Safeway.

Albertsons Taps Top-Shelf Antitrust Lawyers

Jenna Greene : Legal Times : January 07, 2014

Albertsons LLC has tapped a team of Dechert partners led by Paul Denis and James Fishkin—as well as Baker Botts partner Christopher MacAvoy and Schulte Roth & Zabel's Michael Swartz—to win antitrust approval of its $9 billion acquisition of rival grocer Safeway Inc.

Police Union Vows to Fight City's Ban on Profiling

John Caher : New York Law Journal : January 06, 2014

The Patrolmen's Benevolent Association will continue challenging a controversial anti-profiling law that was passed by the City Council over Mayor Bloomberg's veto last year, despite Mayor de Blasio's decision to drop the city's suit against the law, the organization said Thursday.

New Partners Yearbook 2014

: New Jersey Law Journal : January 06, 2014

The 's 15th annual profile of new partners at New Jersey firms.

Pink's Former Producers Lose Bid for Royalties

Tania Karas : New York Law Journal : January 05, 2014

A company that helped produce two songs for Alecia Moore—Pink—more than a decade ago cannot collect the royalties it says it is owed, a Manhattan appeals panel ruled Tuesday.

Morgan Lewis Hires Chief Operating Officer From Dechert

Zack Needles : The Legal Intelligencer : January 05, 2014

Morgan, Lewis & Bockius has announced Anthony Licata has joined the firm as its first chief operating officer, effective Tuesday. Licata comes to the firm from Dechert, where he also served as COO.

Recent Action

: The Legal Intelligencer : January 04, 2014

Following is a listing of executive, legislative and judiciary action for the week of Feb. 24. Members of the General Assembly are set to return to session March 10.

Actelion Settles With Generics Over Access to Drug Samples

Ross Todd : The Litigation Daily : January 03, 2014

When does a branded drug maker have to turn over product samples to generic competitors? An antitrust battle between Actelion Pharmaceuticals and three of its generic rivals offered some clues, but the case settled Friday without providing a definitive answer.

Proskauer Sues Ex-Client Accusing Firm of Malpractice

Christine Simmons : New York Law Journal : January 28, 2014

After its former client sued the firm for malpractice, Proskauer Rose and four of its partners have sued the client's senior executives, claiming they solicited legal advice based on "materially false...representations" and have harmed the firm's reputation with their "meritless" claims.

Inadmissible

Jennifer Genova : New Jersey Law Journal : January 28, 2014

Short takes on lawyers, firms and judges.

Big Suits

Susan Beck, Rebekah Mintzer, Ross Todd, Jan Wolfe and Sheri Qualters : The American Lawyer : January 27, 2014

U.S. v. JPMorgan Chase; In re Payment Card Interchange Fee Antitrust Litigation; Swatch v. Tiffany; In re: Southeastern Milk Antitrust Litigation

Slay Verdict Survives Use of PowerPoint by Prosecutor

Joel Stashenko : New York Law Journal : January 26, 2014

The Court of Appeals Tuesday upheld a woman's conviction for smothering her stepdaughter over the stringent objections of two dissenters who said the prosecution's PowerPoint presentation to the jury was "flagrantly inappropriate" and prejudicial to the defendant.

Judge Denies AIG Request to Stay $8.5B MBS Settlement

Suevon Lee : New York Law Journal : January 21, 2014

The judge who inherited the American International Group-led challenge to an $8.5 billion deal struck between Bank of America and investors of mortgage-backed securities refused to suspend her predecessor's ruling approving the settlement, saying she saw no need to do so.

In Response, Lundy Calls Latest Claims By Pitt Firm 'Implausible and Insufficient' '

Zack Needles : The Legal Intelligencer : January 21, 2014

Calling it the "third bite at the proverbial apple," Philadelphia personal injury firm Lundy Law and advertising firm Titan have responded to competitor Larry Pitt & Associates' second amended complaint in an ongoing antitrust battle by saying the Pitt firm has "stretched the facts as far as truth will allow—and beyond."

Phila. Court Lacks Jurisdiction Over Del. LLC Dissolutions

Gina Passarella : The Legal Intelligencer : January 20, 2014

The Delaware Court of Chancery has exclusive jurisdiction to oversee the dissolution of a Delaware LLC, a Philadelphia judge ruled in dismissing a petition by a faction of the feuding owners of The Philadelphia Inquirer to have the Philadelphia Court of Common Pleas handle the matter.

Judge Denies Staying Approval of BNY Mellon, BoA Settlement

Suevon Lee : Commercial Litigation Insider : January 20, 2014

The Manhattan Supreme Court judge who inherited the American International Group-led challenge to an $8.5 billion deal struck between Bank of America and investors of mortgage-backed securities refused to suspend her predecessor's ruling approving the settlement, stating Wednesday she saw no need to do so.

Pa. Firms: Accounting Changes Could Cost Legal Industry Billions

Gina Passarella : The Legal Intelligencer : January 19, 2014

While law firms are increasingly modeling their business practices after their clients', one they have not been interested in mimicking is the accrual method of accounting.

Judge Won't Delay Final Approval of $8.5 Billion BofA Deal

Jan Wolfe : The Litigation Daily : January 19, 2014

A judge in Manhattan told AIG and other objectors to Bank of America's mortgage-backed securities mega-settlement to bring their beef with the deal to the U.S. Court of Appeals for the Second Circuit.

Pa. Firms: Accounting Changes Could Cost Legal Industry Billions

Gina Passarella : The Legal Intelligencer : January 18, 2014

While law firms are increasingly modeling their business practices after their clients', one they have not been interested in mimicking is the accrual method of accounting. But it may be coming.

On the Move

: The Recorder : January 18, 2014

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Securities and Exchange Commission v. Teo

: New Jersey Law Journal : January 14, 2014

Disgorgement Upheld In Securities Fraud Case

Public Service Honored

: New York Law Journal : January 14, 2014

Peter J. Beshar, executive vice president and general counsel of Marsh & McLennan, and Andrew J. Levander, chairman of Dechert, were honored by the New York Lawyers for the Public Interest at its annual Law & Society Award Luncheon Thursday.

People in the News - February 13, 2014

: The Legal Intelligencer : January 13, 2014

Julie Uebler of Uebler Law is set to be a featured speaker during the "Wonder Women's Week" events produced by the New Leaf Club in Lower Merion, Pa.

Exclusive Forum Provisions Still Face Challenges in Other Jurisdictions

Jeff Mordock : Delaware Business Court Insider : January 12, 2014

A short, one-page decision issued last month by a Louisiana judge could have a big impact for Delaware corporations because it was the first time an outside jurisdiction has enforced an exclusive forum provision requiring shareholder lawsuits be resolved by the Delaware Court of Chancery. Legal analysts and attorneys view the ruling as a big victory for Delaware, but caution that other jurisdictions may not be so receptive to the provisions.

SEC's $32M Civil Judgment Against Musicland Inside Trader Affirmed

Mary Pat Gallagher : New Jersey Law Journal : January 11, 2014

A CEO who went to prison for insider trading has lost his appeal from a related $32 million civil judgment.

The Churn: Bingham Loses Trio of Litigators, Plus More Lateral Moves

Sara Randazzo and Julie Triedman : The Am Law Daily : January 11, 2014

A three-partner litigation team moves from Bingham McCutchen to Sheppard, Mullin, Richter & Hampton; Greenberg Traurig sees its lawyers jump to Dechert, Husch Blackwell and Squire Sanders; and the chair of Dorsey's labor and employment practice joins Littler Mendelson.

BNY Mellon Dodges Repsol's $50 Million Suit

Jan Wolfe : The Litigation Daily : January 07, 2014

A judge has tossed Spanish oil company Repsol's claims that YPF SA and Bank of New York Mellon wrongfully blocked it from casting votes at a YPF shareholder meeting. On the losing end of the ruling were Repsol's attorneys at Butzel Long. Dechert represented BNYMellon while Chadbourne & Parke advised YPF.

Litigators of the Week: Kathy Patrick of Gibbs & Bruns, Matthew Ingber of Mayer Brown and Hector Gonzalez of Dechert

Jan Wolfe : The Litigation Daily : January 06, 2014

Through two-and-a-half years of litigation and a fiercely contested bench trial, the trio of lawyers helped keep Bank of America's $8.5 billion settlement with mortgage-backed securities investors on track.

Dechert Partner Krause to Be Nominated to Third Circuit

Saranac Hale Spencer : The Legal Intelligencer : January 06, 2014

Cheryl Ann Krause, who practices white-collar defense at Dechert, will be nominated to the U.S. Court of Appeals for the Third Circuit, according to a release from the White House.

White House Touts Diversity in Judicial Nominations

Todd Ruger : Legal Times : January 05, 2014

President Barack Obama today nominated five lawyers for trial and appellate courts, including Dechert partner Cheryl Krause for a spot on the U.S. Court of Appeals for the Third Circuit and a state judge in Florida who would be the first openly gay male African-American on the federal bench.

White House Touts Diversity in Judicial Nominations

Todd Ruger : Legal Times : January 05, 2014

President Barack Obama today nominated five lawyers for trial and appellate courts, including Dechert partner Cheryl Krause for a spot on the U.S. Court of Appeals for the Third Circuit and a state judge in Florida who would be the first openly gay male African-American on the federal bench.

Congress Pushes NSA Reforms, Dechert Lawyer Objects

Todd Ruger : Legal Times : January 04, 2014

As the House Judiciary Committee's top-ranking members today called for major reforms to the National Security Agency's bulk collection of Americans' phone records, a former George W. Bush administration lawyer urged them to leave the program alone.

Congress Pushes NSA Reforms, Dechert Lawyer Objects

Todd Ruger : Legal Times : January 04, 2014

As the House Judiciary Committee's top-ranking members today called for major reforms to the National Security Agency's bulk collection of Americans' phone records, a former George W. Bush administration lawyer urged them to leave the program alone.

Movers

: The National Law Journal : January 03, 2014

Andrea Barach joins Baker, Donelson, Bearman, Caldwell & Berkowitz's business department as partner in the Nashville office. Plus more law firm movers in this week's column.

Is NFL Concussion Accord on Shaky Ground?

Saranac Hale Spencer : The Legal Intelligencer : January 30, 2014

A federal judge's unexpected rejection of the settlement in the NFL concussion case earlier this month has drawn praise from lawyers for some of the former football players who allege they've been kept in the dark on the details of the deal.

Dechert Grows Revenue 6.6 Percent, PPP 2.4 Percent

Gina Passarella : The Legal Intelligencer : January 30, 2014

Dechert saw a 6.6 percent rise in gross revenue to $777 million in 2013—a year that was spent digesting the office expansion and lateral growth of 2012.

State, Federal Courts Warn Of Virus-Carrying Messages

JAY STAPLETON : The Connecticut Law Tribune : January 30, 2014

State and federal courts in Connecticut are among those nationwide circulating warnings about virus-bearing emails that purport to be notices of court hearings. At the Connecticut Judicial Branch, court administrators are on the lookout for the virus attacks.

PBA Invokes Obscure Rule to Win New Panel Hearing

Brendan Pierson : New York Law Journal : January 30, 2014

The First Department has recalled its decision allowing New York City to end union-mandated "release time" for police officers involved in a ticket-fixing scheme after attorneys for the police union invoked a little-known provision in a court rule on cases heard by four-judge panels.

Manhattan DA Appoints Counsel and Chief of Staff

Andrew Keshner : New York Law Journal : January 28, 2014

Manhattan District Attorney Cyrus Vance Jr. has brought in a Dechert white-collar defense partner and the head of an investigative firm as he builds out his executive staff at the start of his second term.

The Churn: Dechert and MoFo's Revolving Door, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 28, 2014

Morrison & Foerster hires the Justice Department's top Foreign Corrupt Practices Act enforcer Charles Duross, while Dechert's white-collar and securities litigation cochair Benjamin Rosenberg is poised to leave his firm to become the New York County District Attorney's Office's next general counsel. Meanwhile, a Paul Weiss litigation partner is headed for the nonprofit sector. .

Bogus Court-Appearance Notices Can Email Viruses, Lawyers Told

Mary Pat Gallagher : New Jersey Law Journal : January 27, 2014

Courts around the country are circulating warnings about virus-bearing emails that purport to be notices of court hearings.

Dilworth Snags Reed Smith Rainmaker as New CEO

Gina Passarella : The Legal Intelligencer : January 27, 2014

In a rare move of bringing in an outsider to run a law firm, Philadelphia-based Dilworth Paxson, with about 100 lawyers worldwide, has found its new leader from the ranks of 1,700-lawyer Reed Smith's rainmakers.

Intellectual Ventures' Melissa Finocchio

Chelsea Allison : The Recorder : January 24, 2014

Blank Rome Hires Head of Marketing, Business Development

Gina Passarella : The Legal Intelligencer : January 21, 2014

Blank Rome has hired Hans T. Haglund from Patton Boggs to serve as the firm's first chief business development and marketing officer, Blank Rome said Friday.

The Bankruptcy Files: Freedom Taps McGuireWoods for Chapter 11

Brian Baxter : The Am Law Daily : January 21, 2014

McGuireWoods is advising Freedom Industries, the company responsible for a recent chemical spill that prompted drinking water bans that affected 300,000 West Virginians, on its Chapter 11 filing. Meanwhile, Skadden and Kirkland are dominating the market on bankruptcy work amid a dearth of large filings and the latter is among the Am Law 100 firms handling out-of-court restructurings for clients like Altegrity, Brookstone and M*Modal.

The Churn: Hogan Lovells Launches in Sao Paulo, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 17, 2014

Hogan Lovells opens its second Brazilian office with a lateral hire from Clifford Chance; Holland & Knight and Littler both beef up in Portland, and Pryor Cashman adds a prominent sports attorney and agent.

Corbett, Kane Let Out of Suit Targeting Gay-Marriage Ban

Saranac Hale Spencer : The Legal Intelligencer : January 17, 2014

Both Gov. Tom Corbett and state Attorney General Kathleen Kane have been let out of a case challenging Pennsylvania's ban on same-sex marriage, under a ruling announced by Commonwealth Court President Judge Dan Pellegrini from the bench Thursday morning.

Dechert Adds One Hong Kong Litigator, Loses Another

Anna Zhang : The Asian Lawyer : January 15, 2014

Baker & McKenzie litigation partner Kareena Teh will be coming aboard at Dechert as current Asia litigation head David Chu leaves to launch a new practice for Proskauer Rose.

NFL Concussion Settlement Fails to Gain Preliminary OK

Saranac Hale Spencer : The Legal Intelligencer : January 15, 2014

The federal judge handling the NFL concussion case has denied preliminary approval of the $760 million settlement agreed to by the league and its former players.

The Churn: Chadbourne Adds 'Deep Throat' Lawyer, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 14, 2014

A former Manatt Phelps partner in Washington, D.C., with ties to Watergate figures joins Chadbourne; Hinshaw & Culbertson makes a group hire from an IP boutique in Chicago; and Orrick lands two Bingham entertainment trial lawyers in Los Angeles.

More Women Partners at Pa. Firms, but Overall Ranks Stagnant

Gina Passarella : The Legal Intelligencer : January 14, 2014

Even as the percentage of women partners has increased over the last decade, female lawyers continue to make up less than one-third of the attorney population at Pennsylvania's 100 largest law firms, according to data tracked by Legal sibling publication PaLaw magazine.

Same-Sex Couples Strike at 'Mini-DOMA'

Saranac Hale Spencer : The Legal Intelligencer : January 14, 2014

Pennsylvania's "mini-DOMA" has the same discriminatory purpose and effect as the federal Defense of Marriage Act on which it was based, plaintiffs in one of the challenges to the state's ban on same-sex marriage argued in their opposition to the Corbett administration's objections to their suit.

Firms Begin to Eye Pricing Analysis

Gina Passarella : The Legal Intelligencer : January 13, 2014

After a few years of collecting financial data and applying project management techniques to the legal process, law firms are beginning to dedicate resources to pricing analysis.

Are Mass Torts Turning Into Commodity Work? Not Quite

Gina Passarella : The Legal Intelligencer : January 13, 2014

The number of mass torts filings in the United States hasn't seen a precipitous drop-off, but profit margins for the law firms defending those cases have taken a hit.

Dechert Hong Kong Head Leaves for Zhong Lun

Anna Zhang : The Asian Lawyer : January 12, 2014

Basil Hwang said he needed a larger China-focused platform and cited restrictions on international firms' practices.

Alcoa Agrees to Pay $384 Mil. to Settle Foreign Bribery Case

Jenna Greene : The Legal Intelligencer : January 10, 2014

Aluminum giant Alcoa Inc. will pay $384 million to settle charges by the U.S. Department of Justice and U.S. Securities and Exchange Commission that the company violated the Foreign Corrupt Practices Act.

Dechert Names New Phila. Office Managing Partner

Gina Passarella : The Legal Intelligencer : January 10, 2014

Dechert has named a new managing partner of its Philadelphia office as longtime office leader Richard Rizzo readies for retirement.

Circuit Refuses to Vacate $120 Million in Awards

Julie Triedman : New York Law Journal : January 09, 2014

Adriano Giannetti Dedini Ometto had argued that the award should be tossed because the arbitration panel's original chairman didn't disclose that his colleagues at Debevoise worked on deals involving Ometto's adversary in the case.

Alcoa to Pay $384M to Settle Foreign Bribery Charges

Jenna Greene : The National Law Journal : January 09, 2014

Aluminum giant Alcoa Inc. will pay $384 million to settle charges by the U.S. Department of Justice and U.S. Securities and Exchange Commission that the company violated the Foreign Corrupt Practices Act.

Cozen O'Connor Granted Appeal in Pol's Legal Fee Debt Case

Gina Passarella : The Legal Intelligencer : January 08, 2014

Cozen O'Connor will again go before the state Supreme Court - this time on the merits - to argue it should be able to forgive the $450,000 in legal bills U.S. Rep. Bob Brady, D-Pa., racked up during a failed bid for Philadelphia mayor in 2007.

The Churn: Sidley Picks Up Weil Partner, Plus More Lateral Moves

Sara Randazzo : The Am Law Daily : January 07, 2014

Weil, Gotshal & Manges loses another lawyer to Sidley Austin; a renewable energy team in Chicago, San Francisco and New York joins Morgan, Lewis & Bockius from Foley & Lardner; and Edwards Wildman Palmer makes a string of hires around the country.

Pro Bono Hot List

: The National Law Journal : January 06, 2014

Behind some of the biggest news stories of 2013 — same-sex marriage, the Boston Marathon bombing and New York's stop-and-frisk policy — you'll find top attorneys who donated hundreds of hours to people in need of legal services. In this year's pro bono report, you'll also see a continuing trend: corporate lawyers volunteering their time to nonprofit causes, a new array of practitioners ready to help those in need.

People in the News - January 6, 2014

: The Legal Intelligencer : January 06, 2014

M. Melvin Shralow was presented an award by the senior lawyers professional and public service committee of the Philadelphia Bar Association.

With Firm Support, An Advocate for Minorities

Tony Mauro : The National Law Journal : January 06, 2014

New Allegations Raised in Ongoing Pitt-Lundy Dispute

Zack Needles : The Legal Intelligencer : January 06, 2014

Just shy of three weeks after a federal judge tossed personal injury firm Larry Pitt & Associates' monopoly claims against competitor Lundy Law with the opportunity to replead them, the Pitt firm has raised new allegations that Lundy Law is engaged in a "horizontal conspiracy" in which it refers work to other law firms in exchange for their agreement not to advertise on SEPTA buses.

MOVERS

: The National Law Journal : January 06, 2014

Adem Koyuncu joins Covington & Burling's life sciences practice as partner. Plus more law firm movers in this week's column.

Antitrust Claims Against Milk Processors Reinstated

Sheri Qualters : The National Law Journal : January 03, 2014

A federal appeals court has reinstated an antitrust complaint against a milk processor, ruling that the trial judge used the wrong standard for excluding an expert witness.

Free Corbett From Gay-Marriage Case, Lawyers Say

Saranac Hale Spencer : The Legal Intelligencer : January 03, 2014

The state attorney general shouldn't be dismissed from a case challenging Pennsylvania's ban on same-sex marriage unless the governor is dismissed from the case also, lawyers for the Corbett administration argued in one of the three state-court cases over the law.

Ex-Dewey Leader Davis Lands In-House Job With Arab Emirate

Sara Randazzo : The Am Law Daily : January 01, 2014

A year and a half after Dewey & LeBoeuf's collapse and descent into bankruptcy, longtime firm chair Steven Davis has been hired by the government of Ras al Khaimah in the United Arab Emirates to serve as its top in-house legal adviser.

JPMorgan's Legal Tab Ticks Up as Feds Bust Big Banks

Jenna Greene and Mike Scarcella : The National Law Journal : January 30, 2013

Federal securities regulators ended 2013 on a losing streak in court, and the Consumer Financial Protection Bureau — finally — has a leader.

People in the News - December 30, 2013

: The Legal Intelligencer : January 30, 2013

Alexandra Malatesta McMahan joined Mannion Prior as an associate.

Access to Justice, Economic Impact Were Focus for Phila. Bar

P.J. D'Annunzio : The Legal Intelligencer : January 27, 2013

The Philadelphia Bar Association's efforts to promote access to justice for indigent clients in civil matters took center stage in 2013, gaining traction at the state level.

Swiss Banks Employ Army Of Advisers For U.S. Amnesty Plan

Bloomberg News : Daily Business Review : January 26, 2013

Switzerland's 300 banks race to meet a Dec. 31 deadline on whether to seek U.S. amnesty for helping American clients evade taxes.

Cold Remedy: Am Law 100 Firms Load Up on Pharma M&A

Brian Baxter : The Am Law Daily : January 24, 2013

Pharmaceutical M&A got a late-year shot in the arm, with nearly $10 billion in deals involving major industry players like AstraZeneca and Bayer as 2013 came to a close. A bevy of Am Law 100 firms led by Covington, Kirkland, Sullivan & Cromwell, Skadden, and Weil have grabbed lead roles on the transactions.

For Large Law Firms, 2013 Was a Year of Expansion, Pseudo-Mergers

Gina Passarella : The Legal Intelligencer : January 24, 2013

For Pennsylvania's large law firms, 2013 was a year of office expansion and pseudo-mergers.

MOVERS

: The National Law Journal : January 23, 2013

Barbara de Marigny joins the tax practice of McGuireWoods as partner in the Houston office. Plus more law firm movers in this week's column.

On the Move

: The Recorder : January 23, 2013

A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing.

Prisoner Civil Rights Panel Offers Experience for Young Lawyers

Petrese B. Tucker : The Legal Intelligencer : January 19, 2013

Here at the U.S. District Court for the Eastern District of Pennsylvania federal courthouse in Philadelphia, I often hear about two general concerns—one from young attorneys and one from judges.

Pitt Firm Can Replead Monopoly Claims Against Lundy Law

Zack Needles : The Legal Intelligencer : January 18, 2013

A federal judge has allowed Philadelphia personal injury firm Larry Pitt & Associates to proceed with its Dragonetti Act and Lanham Act claims against competitor Lundy Law, and is permitting the Pitt firm to replead its claims alleging Lundy Law's exclusive contracts to advertise on the outside of buses and other spaces violated antitrust laws.

Supreme Court Dismisses HRT Punitive Damages Appeal

P.J. D'Annunzio : The Legal Intelligencer : January 18, 2013

The state Supreme Court has thrown out the appeal of a drug company seeking to overturn an $8.6 million punitive damages award in a hormone replacement therapy products liability case brought by a woman who developed breast cancer while taking Prempro.

The Churn: Brown Rudnick Takes Paris, Plus More Lateral Moves

Hillary Flynn : The Am Law Daily : January 17, 2013

Brown Rudnick opens a Paris office and brings on California's state treasurer to work part-time; BuckleySandler hires a lawyer from Weil, Gotshal & Manges; and Debevoise & Plimpton poaches the cohead of Herbert Smith Freehill's Seoul office.

Regulatory Reform

: New York Law Journal : January 16, 2013

In this Special Report from the New York Law Journal: "Investment Banks Face Challenges Under New Municipal Advisor Rules," "Regulating Interconnectivity on the 'Internet of Things,'" "Costs and Benefits of JOBS Act's Lifting of General Advertising Ban" and "To Grow or Not to Grow."

On the Move

: The Recorder : January 16, 2013

A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing.

To Grow or Not to Grow

David L. Ansell and Thomas P. Vartanian : New York Law Journal : January 16, 2013

David L. Ansell and Thomas P. Vartanian of Dechert write: Banking organizations will experience ever escalating regulatory requirements and costs that may impact their life, death and profitability as they pass the $500 million, $1 billion, $10 billion, $50 billion and $250 billion consolidated asset thresholds. These costs will be imposed in a variety of ways, including through higher capital requirements, additional assessments and fees, and enhanced regulation and supervision, raising the question of whether it makes sense to grow or not.

Will Litigators Embrace Proposed Pilot Mandatory Mediation Program?

Suevon Lee : Commercial Litigation Insider : January 12, 2013

Under a proposed initiative in New York County's Commercial Division, mediation will play a much more substantial role in facilitating quicker and more cost-effective resolution of cases.

The Churn: Nixon Lands Bulger Prosecutor, Plus More Lateral Moves

Hillary Flynn : The Am Law Daily : January 10, 2013

Nixon Peabody hires the assistant U.S. attorney who prosecuted mobster James "Whitey" Bulger; a top lawyer with the White House Council on Environmental Quality joins Covington & Burling; and the head of Cozen O'Connor's real estate practice becomes general counsel of a real estate investment trust.

Jump in IPOs Means a Boost For Corporate Lawyers in 2013

Gina Passarella : The Legal Intelligencer : January 10, 2013

Corporate practices may not be in the midst of a booming fourth-quarter M&A market like the one that marked the end of 2012, but they have had a bright spot in 2013 thanks to the spate of IPO filings throughout the year.

Suit Over Solitary Confinement of Juveniles To Cost N.J. $400,000

Charles Toutant : New Jersey Law Journal : January 10, 2013

New Jersey and its medical school will pay $400,000 to settle a suit charging that placement of two minors in solitary confinement without proper care caused their mental health to deteriorate.

Deciding Depraved Indifference: Jury's or Judge's Domain?

James M. McGuire : New York Law Journal : January 09, 2013

James M. McGuire, a partner at Dechert, reviews the Court of Appeals' recent affirmations of the depraved indifference murder convictions of three automobile drivers who either were highly intoxicated or under the influence of drugs, holdings that illustrate the court's ongoing struggle with the consequences of its controversial 2006 decision to overrule 'People v. Register.'

Justices Asked to Eye Same-Sex Marriage Licenses

Saranac Hale Spencer : The Legal Intelligencer : January 06, 2013

The Montgomery County clerk who started issuing marriage licenses to same-sex couples this summer and was ordered to stop by the Superior Court has asked the Pennsylvania Supreme Court to empower him to issue the licenses.

Legal Industry Contributes $3.45 Billion To Philadelphia Economy, Study Says

Gina Passarella and P.J. D'Annunzio : The Legal Intelligencer : January 06, 2013

The legal industry in Philadelphia directly contributes $3.45 billion to the city's economy, including $2.26 billion spent on employee compensation, according to a study commissioned by the Philadelphia Bar Association's large law firm management committee.

Have the State's Largest Firms Grown Under New Leaders?

Zack Needles : The Legal Intelligencer : January 06, 2013

In less than six years, 10 of the 14 Pennsylvania firms listed in the Am Law 200 have announced or completed changes to the uppermost tier of their leadership structures following long, successful tenures.

New Deals

Brian Baxter and Sara Randazzo : New York Law Journal : January 05, 2013

Consumer marketing and branding company Authentic Brands Group has acquired the licensing rights to Elvis Presley and Muhammad Ali from Core Media Group, and CVS Caremark has entered into an agreement to buy Apria Healthcare Group's Coram infusion therapy business for approximately $2.1 billion in cash.

Study: Legal Industry Contributes $3.45B to Phila. Economy

Gina Passarella and P.J. D'Annunzio : The Legal Intelligencer : January 05, 2013

The legal industry in Philadelphia directly contributes $3.45 billion to the city's economy, including $2.26 billion spent on employee compensation, according to a study commissioned by the Philadelphia Bar Association's large law firm management committee.

Latham, Dechert Close $177 Million OncoMed Deal

Chelsea Allison : The Recorder : January 03, 2013

2014 Forecast: Pa. Firms Will Likely Grind It Out Again

Hank Grezlak : The Legal Intelligencer : January 02, 2013

The best that most Pennsylvania law firms can expect in terms of revenue growth in 2014 is between 3 and 7 percent, according to a review of both local and national surveys, as well as several years' worth of reported financials and discussions with longtime legal industry observers.

Harmony at Last

Jenna Greene : Corporate Counsel : January 01, 2013

After years of bickering, two agencies join to enforce antitrust laws.

Israeli Charity Loses Bid to Sue Madoff Feeder Fund

Brendan Pierson : New York Law Journal : January 27, 2013

A Southern District Judge has dismissed for the second time a lawsuit filed by Israeli charity against a fund that lost all of its money in Bernard Madoff's Ponzi scheme, rejecting the charity's attempt to replead claims he dismissed in August

Simpson Thacher, S&C Land Roles on $2 Billion CVS Deal

Sara Randazzo : The Am Law Daily : January 27, 2013

Sullivan & Cromwell is representing first-time M&A client CVS Caremark on its planned $2.1 billion acquisition of Apria Healthcare Group's infusion therapy business, while Simpson Thacher & Bartlett is serving as lead counsel for Apria, which is owned by longtime Simpson Thacher client The Blackstone Group.

Strong Fourth Quarter Buoyed Firm Finances in 2012

Gina Passarella : The Legal Intelligencer : January 26, 2013

When it came through 2012's financial performance, Pennsylvania's largest law firms saw everything from small to double-digit rises in most of the key metrics.

Pennsylvania Firms Rank High on Client Service List

Gina Passarella : The Legal Intelligencer : January 20, 2013

Three of Pennsylvania's largest law firms also appear to be some of the most highly thought of among the largest purchasers of legal services—Fortune 1000 corporate counsel.

Pa. Firms Rank High on Client Service List

Gina Passarella : The Legal Intelligencer : January 20, 2013

Three of Pennsylvania's largest law firms also appear to be some of the most highly thought of among the largest purchasers of legal services—Fortune 1000 corporate counsel.

Verdict in Zoloft MDL Could Come in One Year's Time

Saranac Hale Spencer : The Legal Intelligencer : January 19, 2013

Lawyers in the Zoloft MDL are hoping to have a verdict by Thanksgiving 2014, Dianne Nast, who is on the plaintiffs' steering committee, told the judge at a status conference this week.

Is FDA Now the Big Pharma Alumni Club? On Monday's 'The American Law Journal'

: The Legal Intelligencer : January 18, 2013

How solid is the U.S. Food and Drug Administration's integrity in light of allegations that former pharma insiders are now running the agency?

Second Circuit Punts on Unfinished Business Doctrine

Sara Randazzo : The Am Law Daily : January 15, 2013

In a unanimous decision related to the Thelen bankruptcy, a three-judge federal appellate panel ruled Friday that a New York appeals court should decide whether the remnants of law firms that dissolve in the state have an ownership right to fees earned from hourly matters taken by their former partners to new firms.

Freeh Fires Back at Spanier's Notice of Defamation Claim

Max Mitchell : The Legal Intelligencer : January 13, 2013

Louis Freeh, who led an investigation into Penn State's handling of child sex-abuse reports in the Jerry Sandusky scandal, has fired back at former university President Graham Spanier's writ of summons paving the way for a potential defamation suit.

Pepper Hamilton Announces Opening of Silicon Valley Office

Zack Needles : The Legal Intelligencer : January 13, 2013

Pepper Hamilton has opened a Silicon Valley office with the addition of three intellectual property partners from Goodwin Procter, the firm announced Tuesday.

American-US Airways Merger Wins DOJ's OK, With Conditions

Jenna Greene : The National Law Journal : January 12, 2013

With less than two weeks to go before trial, the Justice Department has reached a proposed settlement with American Airlines and US Airways, allowing their $11 billion merger to go forward in exchange for major divestitures.

Nov. 13: The 2013 NLJ Regulatory Summit

: The National Law Journal : January 11, 2013

Top attorneys in Washington who focus on regulatory law and policy will share their insights on Nov. 13 about what to expect from federal agencies in 2014, the U.S. Supreme Court and Congress.

Despite Lateral Loss, Simpson Snags Another Deal for KKR

Brian Baxter : The Am Law Daily : January 11, 2013

Simpson Thacher & Bartlett has lost corporate and M&A partner Sean Rodgers to Kirkland & Ellis, marking the latter firm's latest high-profile lateral hire in recent months. Rodgers, who has been a partner at Simpson for nearly a decade, has handled several major deals for private equity giant KKR. Nonetheless, Rodgers' former firm is once again advising KKR this week on its $1.6 billion buy of landscaping company the Brickman Group.

Ropes Poaches IP Partner From Skadden

Nathalie Pierrepont : The Recorder : January 04, 2013

How Pa.'s Investment Management Practice Shrank

Zack Needles : The Legal Intelligencer : January 04, 2013

Six years after bringing an investment management practice to Philadelphia-based Montgomery McCracken Walker & Rhoads, partner Laura Anne Corsell and of counsel Don E. Felice have left to join Newark-based McCarter & English's Philadelphia office.

Dechert, Simpson Seal $1.65 Billion Food Packaging Deal

Tom Huddleston Jr. : The Am Law Daily : January 31, 2013

Food packaging company Crown Holdings has agreed to acquire Mivisa Envases, a Spanish manufacturer of food cans, from investment funds managed by affiliates of The Blackstone Group, Spanish private equity firm N+1 Mercapital and the company's management. Dechert is advising Crown, and Simpson Thacher is representing the sellers.

Panel Challenges City on Delay in Seeking Stay in Stop/Frisk

Mark Hamblett : New York Law Journal : January 30, 2013

Judge Shira Scheindlin's ruling ordering a monitor to reform NYPD stop-and-frisk practices that she found unconstitutional was attacked by the city as a dangerous judicial overreach Tuesday before the Second Circuit.