Dechert Law Firm Profile

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Dechert LLP

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

Dechert LLP

  • Designation: New York
  • Head Count: 845
  • Gross Revenues: $777,000,000
  • Revenue Per Lawyer: $920,000
  • Profits Per Partner: $2,150,000
  • Year Over Year Change: 4

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 34 4 Gross revenue
Am Law 200 34 4 Gross revenue
NLJ 250 35 6 Lawyer head count
The A-List 47 4 Overall excellence
Pro Bono Scorecard 6 -1 Pro-bono commitment
Diversity Scorecard 158 4 Minority head count
Midlevel Associates Survey 100 12 Job satisfaction
Summer Associates Survey 60 -13 Summer programs

In the News

Police Unions' Motion Denied in Stop/Frisk

Andrew Keshner : New York Law Journal : January 31, 2014

Southern District Judge Analisa Torres said police unions' intervenor bids opposing the settlement between New York City and plaintiffs in stop-and-frisk litigation were untimely and the unions had "no significant protectable interests relating to the subject of the litigation that would warrant intervention."

Chancery Court Blocks $300 Mil. D.C. Office Building Sale

Jeff Mordock : Delaware Business Court Insider : January 30, 2014

The Delaware Court of Chancery has blocked the $300 million sale of a Washington, D.C., office building, ruling the property's owner did not comply with an agreement to notify its previous owner of an intent to sell. If the owner wishes to consummate the transaction, he must start the process over by issuing a notice to the property's original owner before contacting third-party buyers, the court said.

Changing the Game: In an Evolving Area of Law, Reed Smith Excels

Saranac Hale Spencer : The Legal Intelligencer : January 29, 2014

The lawyers of Reed Smith make all the difference—it's that simple.

Litigation Departments of the Year

: The Legal Intelligencer : January 29, 2014

The Litigation Departments of the Year supplement includes articles spotlighting the work of Pennsylvania's top litigation departments in a variety of practice areas.

Trained and Ready: Dechert's IP Department Links Litigation, Scientific Prowess

P.J. D'Annunzio : The Legal Intelligencer : January 29, 2014

In an effective intellectual property practice, a lawyer has to be a skilled litigator, of course, but must also be well versed in scientific and technological subject matter.

The Churn: Arnold & Porter Adds to Ranks, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 26, 2014

Arnold & Porter takes on a couple of attorneys from Alston & Bird; the embattled Bingham McCutchen brings on a partner and more notable hires from throughout The Am Law 200.

Union Leader Dougherty Loses Bid to Reseal FBI Affidavit

Gina Passarella : The Legal Intelligencer : January 25, 2014

Labor union leader John J. Dougherty has lost an attempt in federal court to reseal a years-old FBI affidavit of probable cause to search his home that was made public through litigation in state court.

The Churn: A Dechert Partner Decamps, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 22, 2014

A high-powered litigator leaves Dechert, more departures from Bingham McCutchen and a rare outside hire by Wachtell Lipton in our latest look at lateral moves from throughout The Am Law 200.

Personnel Files Are at Risk of Disclosure in Legal Mal Cases

Gina Passarella : The Legal Intelligencer : January 21, 2014

A recent ruling in a legal malpractice case opening the door to Stradley Ronon Stevens & Young turning over personnel files is a reminder that law firms may want to be cautious about what they write in performance reviews.

The Churn: Baker and Quinn Expand, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 15, 2014

Baker & McKenzie heads to Brisbane, Quinn Emanuel Urquhart & Sullivan takes its litigation prowess to Houston and a trio of partners leave Kirkland & Ellis in our latest look at notable moves from throughout The Am Law 200.

The American Lawyer Chooses 2014 Global Legal Award Winners

Michael D. Goldhaber : The Am Law Daily : January 10, 2014

The American Lawyer unveils the 36 winners of its second annual Global Legal Awards. Four grand prizewinners—in Global M&A, Global Finance, Global Disputes and Global Citizenship—will be announced at the awards dinner on Sept. 15 at Gotham Hall in New York City.

Freeh Seeks Federal Court's Help in Spanier Suit

Gina Passarella : The Legal Intelligencer : January 10, 2014

Louis J. Freeh has filed an action for declaratory judgment in federal court, seeking an interpretation of the federal removal statute after a state court's ruling that it wouldn't force former Penn State President Graham B. Spanier to outline his claims against Freeh in a possible defamation lawsuit.

Dechert, Funds Win New York Debt Fight with Africa's DRC

Jan Wolfe : The Litigation Daily : January 09, 2014

More than 20 years after Zaire (now the Democratic Republic of Congo) defaulted on loans from Citibank NA and other banks, a U.S. judge ordered the poverty-stricken nation to pay a combined $69 million to two hedge funds that snatched up the country's debt.

The Churn: Venable Expands in L.A., Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 08, 2014

A day after Hogan Lovells and Squire Patton Boggs started the third quarter with mergers abroad, Venable has gotten into the tie-up game by picking up seven lawyers from Los Angeles litigation boutique Weingarten Brown. The Am Law Daily looks at those moves and more in our latest tally of Am Law 200 hires.

Krause Sails to Seat on the Third Circuit

Saranac Hale Spencer : The Legal Intelligencer : January 07, 2014

Cheryl Krause has been confirmed to the Third Circuit by a unanimous vote of the Senate on Monday night.

Senate Confirms Dechert Partner Cheryl Krause for Third Circuit

Todd Ruger : Legal Times : January 07, 2014

The Senate voted 93-0 to confirm Dechert partner Cheryl Krause for a seat on the U.S. Court of Appeals for the Third Circuit.

Attorneys Acquitted in Mob Racketeering Case

Mary Pat Gallagher : New Jersey Law Journal : January 07, 2014

Three attorneys who were indicted along with alleged mobster Nicodemo Scarfo, Jr., in a racketeering case were cleared of criminal charges on July 3.

N.J. Firms Improve Pro Bono Numbers But Still Lag

David Gialanella : New Jersey Law Journal : January 03, 2014

New Jersey firms showed improvement in their dedication to volunteer work, though there's plenty of room for further gains, a recent survey of national pro bono work at large firms shows.

Bankrupt Firm Trustees Lose Bid for 'Unfinished Business'

Joel Stashenko : The Am Law Daily : January 02, 2014

A unanimous Court of Appeals said finding that lawyers owe a continuing obligation to their old partnerships for work they do for clients after moving to new firms "does not comport with our profession's traditions and the commercial realities of the practice of law today."

Bankrupt Firm Trustees Lose Bid for 'Unfinished Business'

Joel Stashenko : New York Law Journal : January 02, 2014

A unanimous Court of Appeals said finding that lawyers owe a continuing obligation to their old partnerships for work they do for clients after moving to new firms "does not comport with our profession's traditions and the commercial realities of the practice of law today."

The Churn: Fitzpatrick Cella Leader Leaves, Plus More Lateral Moves

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

Mayer Brown has hired Colleen Tracy, former managing partner of New York-based Fitzpatrick, Cella, Harper & Scinto, where she took the IP firm's leadership reins in 2009. The Am Law Daily looks at Tracy's move and other new arrivals throughout The Am Law 200.

Superior Court Won't Take Up Spanier's Defamation Suit

Max Mitchell : The Legal Intelligencer : January 01, 2014

The state Superior Court has decided not to force Graham Spanier to file a complaint in the possible defamation action he has pending against Louis Freeh.

July 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

Judges Decline to Broaden Prosecutors' 'Brady' Obligations

Joel Stashenko : New York Law Journal : January 01, 2014

The state Court of Appeals also yesterday affirmed the conviction of a political consultant for stealing more than $1 million from a trust controlled by Michael Bloomberg, and said New York City can withhold 3 percent of the salaries of firefighters and police officers hired since 2009 for pension purposes.

NYLPI Awards

: New York Law Journal : January 30, 2014

Dechert partner Hector Gonzalez, center, was honored Wednesday for his service as board chairman of New York Lawyers for the Public Interest during the group's annual board luncheon at the New York City Bar Association.

A New Yardstick for International Pro Bono

Michael D. Goldhaber : The American Lawyer : January 30, 2014

Big differences emerge among large U.S. firms as we measure their foreign pro bono efforts for the first time.

Skadden Scoops Up M&A Deals

Wenxiong Zhang : The Am Law Daily : January 26, 2014

The firm took the lead on two back-to-back transactions, advising Validus on its $690 million purchase of Western World Insurance, and Endo International on its $575 million buy of DAVA Pharmaceuticals. Sullivan & Cromwell and Morrison Cohen counseled Western World, while Dechert represented DAVA.

Fathers Have Protected Rights to Care for Their Children

Wendi S. Lazar : New York Law Journal : January 26, 2014

In her Employees in the Workplace column, Wendi S. Lazar of Outten & Golden, discusses Family Responsibility Discrimination and writes that New York employers are learning quickly that such discrimination is illegal, and men who experience it, like women, can bring claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the Family and Medical Leave Act, and under state and city laws.

Parties Reach New Accord in NFL Concussion Litigation

Gina Passarella : The Legal Intelligencer : January 26, 2014

The National Football League and a group of retired players have agreed to a revised settlement in the concussion injury litigation that would not place any cap on the damages available to players, the parties jointly announced today.

Special Master Chosen for Argentina Debtors Case

Mark Hamblett : New York Law Journal : January 24, 2014

Southern District Judge Thomas Griesa has appointed a special master to assist negotiations between Argentina and purchasers of distressed debt from that country.

Judge Rejects Suit by Police, Upholds Anti-Profiling Law

John Caher : New York Law Journal : January 20, 2014

The ruling is a victory for the de Blasio Administration, a defeat for the former Bloomberg Administration, a triumph for civil rights groups and a setback for police unions and law enforcement advocates who claim the controversial measure will undermine public safety.

Argentina Ready to Settle With Debtors, Attorney Says

Mark Hamblett : New York Law Journal : January 19, 2014

Amid warnings that the Argentinian government was planning to evade a U.S. judge's orders and freeze out distressed debt holders, an attorney for the South American nation assured a federal court Wednesday that the country was willing to negotiate.

Federal Judge Weighs Ordering State Judge What to Do

Gina Passarella : The Legal Intelligencer : January 18, 2014

A federal judge faced with determining whether to order a state court to reseal a mistakenly revealed FBI affidavit of probable cause to search labor union leader John Dougherty's house asked both sides Tuesday, "Why do you care what I do?"

Pa. Justice Slams Lower Court, State in $80 Mil. Drug Cases

Gina Passarella : The Legal Intelligencer : January 18, 2014

In a case in which the Pennsylvania Supreme Court had harsh criticisms for the Commonwealth Court and suggested the state's hiring of outside counsel on a contingency fee basis lengthened the 10-year litigation, the high court remanded for reconsideration $80 million in damages assessed against two pharmaceutical companies.

Parties Ask Judge to Resolve Stop/Frisk Motions

Mark Hamblett : New York Law Journal : January 16, 2014

The parties in the stop-and-frisk litigation have asked Southern District Judge Analisa Torres to resolve motions to intervene by police unions who oppose a settlement between the plaintiffs and.

People in the News - June 11, 2014

: The Legal Intelligencer : January 11, 2014

Michael P. Hogan joined Conrad O'Brien as an associate, based in the firm's Philadelphia office.

Professional Excellence Awards Dinner

: The Legal Intelligencer : January 10, 2014

The Legal Intelligencer recently presented the Attorney of the Year, Lifetime Achievement and Corporate Legal Departments of the Year awards at the annual Professional Excellence Awards Dinner. Below is a collection of videos, slideshows and articles from the event.

The Churn: Husch Blackwell Hires Again in Denver, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 10, 2014

Husch Blackwell becomes the latest large Midwestern firm to bulk up in the Rockies; Dechert raids Wilmer to launch a life sciences practice in Frankfurt; Sidley Austin shutters its office in Germany's financial capital and other moves from around The Am Law 200.

Movers

: The National Law Journal : January 09, 2014

New arrivals and lateral moves in this week's column.

Texas' Top Deals of 2013

Brenda Sapino Jeffreys : Texas Lawyer : January 06, 2014

The following deals, involving at least one Texas-based company, were announced in 2013.

Dougherty Wants Federal Judge to Order Affidavit Resealed

Gina Passarella : The Legal Intelligencer : January 06, 2014

Labor union leader John Dougherty has asked a federal judge to order a state court to reseal an FBI affidavit of probable cause related to a search of Dougherty's home in 2006.

People in the News - June 6, 2014 - Stuart T. O'Neal III Elected Burns White Chief Privacy Officer

: The Legal Intelligencer : January 06, 2014

Burns White member Stuart T. O'Neal III was elected as chief privacy officer to lead a new policy development team in its efforts to take a more coordinated approach to regulatory compliance.

Court Weighs Fees Owed to Former Firms in Bankruptcy

Joel Stashenko : New York Law Journal : January 05, 2014

Court of Appeals judges appeared skeptical Wednesday about concluding that lawyers are responsible to their former bankrupt firms for fees earned on uncompleted matters they take to their new firms.

The Legal Names 2014 Litigation Departments of the Year

: The Legal Intelligencer : January 04, 2014

Earlier this year, we asked law firms across the state to tell us what makes their litigation departments the best. We first conducted the Litigation Departments of the Year contest two years ago, in an effort to highlight the outstanding litigation work being done by Pennsylvania attorneys. In our first time going through the process, we were impressed by the submissions and faced a difficult task in selecting the finalists and winners. This time around, it was only more challenging to narrow down the firms to honor.

Court Weighs Fees Owed to Former Firms in Bankruptcy

Joel Stashenko : The Am Law Daily : January 04, 2014

State Court of Appeals judges appeared skeptical Wednesday about concluding that lawyers are responsible to their former bankrupt firms for fees earned on uncompleted matters they take to their new firms.

Big Duty-Free Deal Pulls in Legal Squadron

Brian Baxter : The Am Law Daily : January 04, 2014

Enough lawyers to fill an airport terminal are advising on the $1.7 billion sale of Nuance Group to Swiss travel retail rival Dufry AG, owner of U.S. newsstand chain Hudson News.

Texas' Top Deals of 2013

Brenda Sapino Jeffreys : Texas Lawyer : January 03, 2014

The following deals, involving at least one Texas-based company, were announced in 2013.

June 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

A Second Chance

Rebekah Mintzer : Corporate Counsel : January 01, 2014

A lawyer who passed up a GC job once grabs the brass ring the second time; and other Moves.

Big Suits

: The American Lawyer : January 29, 2014

Allen v. Takeda Pharmaceuticals North America; ViaSat v. Space Systems/Loral; E.I. Dupont de Nemours & Company v. Kolon Industries, Inc.; Wexler v. KPMG LLP et al.

Personal Notes on Lawyers

: New York Law Journal : January 27, 2014

Dechert has added as partner Jeffrey Brown, most recently co-chief, general crimes unit for the U.S. Attorney's Office for the Southern District, and Diamond McCarthy has hired Mark Jay Krum to lead its litigation practice in New York, among other announcements.

Third Circuit Adopts New Standard for Appealability of Remand Orders

Alexander Bilus and Michael Doluisio : The Legal Intelligencer : January 27, 2014

When a federal district court remands a case to the state court from which the case was removed, a party typically is not permitted to appeal the district court's remand order. Recently, however, in Reifer v. Westport Insurance, No. 12-533 (3d Cir. April 29, 2014), the U.S. Court of Appeals for the Third Circuit established a new exception to the standard rule precluding the appealability of remand orders. The court also took the opportunity to clarify several open issues in the jurisprudence surrounding a district court's decision to decline to exercise jurisdiction under the Declaratory Judgment Act. Practitioners within the Third Circuit would be well advised to become familiar with the contours of this sweeping decision and its illumination of this area of law.

So Long, Sanders: Squire's Founding Partner Tossed in Tie-Up

Brian Baxter : The Am Law Daily : January 27, 2014

William Sanders is the latest legal luminary to see his name fall off the shingle of an Am Law 200 firm. Negotiations over new firm names have scuttled previous merger deals between large firms.

Movers

: The National Law Journal : January 26, 2014

Laterals and new arrivals in this week's column.

Children, New Venue Add to Phila. Bar's 35th Annual 5K Run

Manny D. Pokotilow : The Legal Intelligencer : January 23, 2014

On May 18, the 35th Philadelphia Bar Association 5K Charity Run took place at Memorial Hall in Fairmount Park.

Nuveen Municipal Trust v. Withumsmith+Brown P.C.

: New Jersey Law Journal : January 22, 2014

Affidavit of Merit Required in Action Alleging Fraud by Accounting Firm

Judge Dismisses Claims in $4.5M Suit Alleging Investment Fraud

Suevon Lee : Commercial Litigation Insider : January 22, 2014

Justice Eileen Bransten dealt a partial setback to named beneficiaries of two long-term investment accounts swept up in an alleged scam by a now-defunct investment firm by dismissing claims against the firm's co-founders and then-legal counsel.

Lawyers: Stay of Spanier's Lawsuit Foils Freeh's Rights

Max Mitchell : The Legal Intelligencer : January 22, 2014

Unless Graham Spanier is required to file a complaint in his pending defamation suit against Louis Freeh, Freeh's lawyers will be prevented from seeking the case's removal to federal court, they argued to the state Superior Court on Wednesday.

People in the News - May 21, 2014 - Poritz to Speak at Rutgers-Camden Commencement

: The Legal Intelligencer : January 21, 2014

Deborah Poritz, a retired chief justice of the New Jersey Supreme Court, is set to present the keynote address during Rutgers School of Law-Camden's commencement ceremony scheduled for 1 p.m. Thursday at the Susquehanna Bank Center on the Camden Waterfront in New Jersey.

Has FDA Become 'Big Pharma' Alumni Club? on Monday's 'The American Law Journal'

: The Legal Intelligencer : January 19, 2014

Tonight at 7 on the Philadelphia CNN-News affiliate WFMZ-TV, "The American Law Journal" presents "The FDA: Big Conflicts Over Big Pharma?"

On the Move

: The Recorder : January 19, 2014

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

Affidavit of Merit Statute Applies to Fraud Claims Against Professionals

Mary Pat Gallagher : New Jersey Law Journal : January 15, 2014

Claims against a law firm and an accounting firm over a $10 million investment loss are subject to New Jersey's statute requiring affidavits of merit in professional liability cases, a federal appeals court has held.

Amici Briefs From Firms Fault 'Unfinished Business' Doctrine

Joel Stashenko : New York Law Journal : January 12, 2014

A dozen prominent law firms are urging the Court of Appeals to declare as impractical the practice of allowing bankruptcy trustees to pursue profits from matters that partners carry from defunct firms to their new firms, and to find it contrary to nearly a thousand years of legal principle.

The Churn: Squire Sanders Exits, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 09, 2014

Amid their firm's ongoing merger talks with Patton Boggs, several Squire Sanders practice leaders find new professional homes.

Comment Sought on Nonparty E-Discovery Guidelines

Gary J. Mennitt : New York Law Journal : January 09, 2014

In a column for the New York Law Journal, Gary J. Mennitt, a partner at Dechert, analyzes the provisions of proposed Commercial Division Rule 34 which governs discovery of electronically stored information from nonparties, and discusses the likely impact on litigants and nonparties if the rule is adopted.

Dechert Hires IP Litigator From McDermott's Valley Office

Nathalie Pierrepont : The Recorder : January 08, 2014

S. Michael Song, who in an earlier career designed and built microchips, says he expects to expand Dechert's IP practice.

Spanier Asks Court to Preserve His Bid to End Prosecution

Zack Needles and Max Mitchell : The Legal Intelligencer : January 07, 2014

Ex-Penn State University President Graham Spanier argued in a brief filed Monday that his bid to enjoin prosecution against him should not be barred from federal courts because he has alleged bad faith on the part of the prosecutors.

The Churn: Winston Bulks Up in IP and Asia, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 06, 2014

Despite a recent round of layoffs, Winston & Strawn has hired a four-strong corporate team in Hong Kong and a three-partner IP team in San Francisco.

Comment Sought on Nonparty E-Discovery Guidelines

Gary J. Mennitt : New York Law Journal : January 02, 2014

Gary J. Mennitt, a partner at Dechert, analyzes the provisions of proposed Commercial Division Rule 34 which governs discovery of electronically stored information from nonparties, and discusses the likely impact on litigants and nonparties if the rule is adopted.

May 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

Commissioner: FTC Redirects Attack on Pay-for-Delay Settlements

Gina Passarella : The Legal Intelligencer : January 30, 2014

The Federal Trade Commission's amicus filing Monday in a Third Circuit pharmaceutical antitrust case shows where the commission has turned its efforts on fighting reverse-payment settlements after the U.S. Supreme Court's ruling in , a commissioner said in outlining her thoughts on such settlements.

Chancery Orders Private Auction in Phila. Newspaper Dispute

Jeff Mordock : Delaware Business Court Insider : January 30, 2014

Philadelphia's two largest newspapers are to be sold via a private, ascending-bid auction starting at $77 million, the Delaware Court of Chancery has ruled.

Women of the Year — 2014

The Legal Staff : The Legal Intelligencer : January 29, 2014

editorial staff recently set out on our biannual mission to identify the Women of the Year, a group of attorneys who stand out for their notable achievements. We name a new group of women every two years in an attempt to highlight the important work being done by women throughout Pennsylvania in all corners of the legal profession. Our staff reviewed our archives, asked for insight from respected legal professionals and debated the merits of dozens of candidates to be considered as Women of the Year. Our search looked to all regions of the state and all areas of the profession—law firms, public interest organizations, government and anywhere else that women are impacting the law.

Pennsylvania Firms Fail to Make Big Gains in Am Law 100

Gina Passarella : The Legal Intelligencer : January 29, 2014

The Pennsylvania-based Am Law 100 firms are playing in the same sandbox as last year, with those in the top 50 growing on average at a faster pace than those in the bottom 50. But none of the firms in Pennsylvania made it to Legal affiliate The American Lawyer's list of the 20 "super rich" firms.

Circuit Reinstates Investors' Claim Against Barclays

Mark Hamblett : New York Law Journal : January 28, 2014

Plaintiffs alleging the belated revelation that Barclays bank overstated its creditworthiness in submitting information on borrowing costs to LIBOR had their claim reinstated Friday.

Big Deals

David Marcus : The American Lawyer : January 28, 2014

Albertsons / Safeway; Men's Wearhouse / Jos. A. Bank; Media General / LIN; Energy XXI / EPL Oil & Gas

Judge Approves US Airways-American Airlines Merger Settlement

Zoe Tillman : Legal Times : January 25, 2014

U.S. District Judge Colleen Kollar-Kotelly in Washington on Friday approved a settlement between the U.S. Department of Justice and American Airlines and US Airways that will allow the airlines to proceed with their $11 billion merger.

Libor Case Against Barclays Gets a Second Life

David Bario : The Litigation Daily : January 25, 2014

In a setback for Barclays and defense lawyers at Sullivan & Cromwell, Boies Schiller and Dechert, the Second Circuit on Friday revived part of a securities class action targeting the bank over its role in alleged Libor manipulation.

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.