Paul, Weiss, Rifkind, Wharton & Garrison Law Firm Profile

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Paul, Weiss, Rifkind, Wharton & Garrison LLP

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

Paul, Weiss, Rifkind, Wharton & Garrison LLP

  • Designation: New York
  • Head Count: 854
  • Gross Revenues: $934,500,000
  • Revenue Per Lawyer: $1,095,000
  • Profits Per Partner: $3,620,000
  • Year Over Year Change: -3

Paul, Weiss, Rifkind, Wharton & Garrison is a New York-based law firm with seven offices worldwide. The firm placed 30th on The American Lawyer's 2011 Am Law 100 rankings of U.S. firms with gross revenue of $751,000,000 in 2010. The firm has ranked in the top 50 of Am Law 100 rankings since 1986. In terms of size, the firm placed 48th on the National Law Journal's 2011 NLJ 250 rankings of firms based on size, with 709 attorneys. In the 2011 Global 100 survey, the firm was ranked as the 35th highest grossing law firm in the world. In January 2006 a biennial feature of The American Lawyer named Paul Weiss as "Litigation Department of the Year." In addition to its New York headquarters, Paul, Weiss has office locations including Washington, D.C., London, Tokyo, Beijing, and Hong Kong. The firm's core practice is in the areas of litigation and corporate law, including mergers and acquisitions and private financing. Paul, Weiss also specializes in other practice areas, including real estate, intellectual property, antitrust, and environmental law.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 28 -3 Gross revenue
Am Law 200 28 -3 Gross revenue
NLJ 250 34 8 Lawyer head count
The A-List 19 -5 Overall excellence
Pro Bono Scorecard 46 0 Pro-bono commitment
Diversity Scorecard 21 -7 Minority head count
Midlevel Associates Survey 46 -19 Job satisfaction
Summer Associates Survey 101 -10 Summer programs

In the News

Split Panel Upholds Parole Denial for Exemplary Inmate

John Caher : New York Law Journal : January 25, 2014

A State prison inmate with an extraordinary record of institutional achievement and a network of supporters ranging from top corrections officials to the prosecutor who put him away in the early 1980s will remain behind bars after a deeply divided upstate appellate panel embraced a hands-off approach to parole reviews.

INADMISSIBLE: 17 Years Later, Ronnie White Is Confirmed

: The National Law Journal : January 21, 2014

What a difference 17 years and a Senate rules change can make. On July 16, the U.S. Senate confirmed former Missouri Supreme Court Chief Justice Ronnie White to a seat on the federal bench in the Eastern District of Missouri. Plus more in this week's column.

Wachtell Raids Simpson Thacher for Executive Compensation Expert

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

A month after Wachtell, Lipton, Rosen & Katz executive compensation partner Jeremy Goldstein left the venerable Am Law 100 firm to start his own practice, the country's most profitable shop on a profits-per-partner basis looked outside its ranks to find a replacement in Simpson Thacher & Bartlett partner Andrea Wahlquist. She becomes only the fourth lateral partner hire in Wachtell's storied history.

Swipe Fee Case Moves Ahead Against Card Companies

Susan Beck : The Litigation Daily : January 20, 2014

A group of major merchants that opted out of a $5.7 billion antitrust settlement with Visa and MasterCard have cleared a hurdle in their case against the card companies over swipe fees.

Citigroup Settles With Government for $7 Billion

Brendan Pierson : New York Law Journal : January 15, 2014

New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank's activity in the subprime mortgage market, which was announced Monday.

Holder Touts Consumer Relief Provision in $7B Citigroup Deal

Todd Ruger : Legal Times : January 14, 2014

The U.S. Department of Justice on Monday continued to squeeze the country's biggest banks for their roles in the financial crisis, securing a $7 billion global settlement with Citigroup over misrepresentations about residential mortgage-backed securities.

What's Missing in Citigroup's $7 Billion RMBS Deal?

Susan Beck : The Litigation Daily : January 14, 2014

The DOJ cited "the strength of the evidence" warranting Citigroup's $7 billion payment over sales of residential mortgage-backed securities. But there's little evidence to be found in the statement of facts accompanying Monday's deal.

Loss of Key Witness Dooms Pfizer Investor Class Action

Jan Wolfe : The Litigation Daily : January 09, 2014

In a victory for Beth Wilkinson of Paul Weiss and her cocounsel at Simpson Thacher and DLA Piper, a federal judge in Manhattan refused to give plaintiffs a new chance to explain how Pfizer caused their losses.

Considerations in Complying With the Investment Advisers Act

Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz : New York Law Journal : January 09, 2014

In their Transactional Real Estate column, Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz of Paul, Weiss, Rifkind, Wharton & Garrison write: A sponsor that intends to raise capital from third-party investors for investment in real estate or real estate-related assets should consider whether the general partner, managing member or outside adviser to the vehicle that will be formed to undertake the investment will be required to register as an investment adviser under, and comply with the other requirements of, the Investment Advisers Act.

Rights of Patent Holders, Dolly the Sheep, Redskins, Aereo

Lewis R. Clayton : New York Law Journal : January 09, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent U.S. Supreme Court opinions, three of which were unanimous decisions that limit the rights or remedies of patent holders; the most-talked-about action the Trademark Trial and Appeal Board has likely ever taken; and more.

Q&A: Paul D. Sarkozi

Suevon Lee : Commercial Litigation Insider : January 07, 2014

On June 1, Paul Sarkozi took office as chair of the Commercial and Federal Litigation Section of the New York State Bar Association. CLI spoke with Sarkozi about the section's plans for the upcoming year and the significance of the rule changes in the Commercial Division.

Davis Polk's Big Bet in Hong Kong

Anthony Lin : The Asian Lawyer : January 07, 2014

The Wall Street firm has assembled a dream team, with an eye on China's rising corporate elite. Is the market ready?

New Deals

Vinayak Balasubramanian : The Am Law Daily : January 03, 2014

Alcoa Inc. has said it will acquire jet engine component producer Firth Rixson in a $2.85 billion deal expected to enhance the company's aerospace production.

Canadian Deals

: Corporate Counsel : January 01, 2014

Criminal Division Head Leaving U.S. Prosecutor

Mark Hamblett : New York Law Journal : January 27, 2014

After heading the Criminal Division for Southern District U.S. Attorney Preet Bharara for more than two years, Lorin Reisner is leaving the office.

Wachtell Partner Departs to Start Exec Comp Boutique

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

Jeremy Goldstein has bid adieu to the Black Rock, the New York headquarters of Wachtell, Lipton, Rosen & Katz, where he was a partner for the past six years. In launching his own boutique, the 40-year-old Goldstein leaves behind a firm that had the highest profits per partner in the country last year.

The Churn: Paul Weiss, Squire Patton Make New Hires, Plus More Lateral Moves

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

A big week for lateral moves saw Paul Weiss pluck a prominent prosecutor, the newly minted Squire Patton Boggs make another key addition and a rare departure from Wachtell Lipton. The Am Law Daily has the lowdown on the latest comings-and-goings from throughout The Am Law 200.

Justices Pull Plug on Aereo Online Streaming Service

Zoe Tillman and Marcia Coyle : New York Law Journal : January 26, 2014

Online streaming startup Aereo Inc. violated the copyrights of major television broadcast networks by retransmitting programs to users' Internet devices for a fee, the U.S. Supreme Court ruled Wednesday.

Firth Rixson's Sale to Alcoa Draws Three Am Law Firms

Vinayak Balasubramanian : The Am Law Daily : January 26, 2014

Alcoa said it would buy the jet engine component producer for $2.85 billion. Wachtell, Lipton, Rosen & Katz and Crowell & Moring advised Alcoa, while Paul, Weiss, Rifkind, Wharton & Garrison counseled Firth Rixson.

Paul Weiss Partners Take Part In Del. Law Development Seminar

: Delaware Law Weekly : January 25, 2014

Paul, Weiss, Rifkind, Wharton & Garrison partner Stephen Lamb moderated, and corporate partner Ross Fieldston spoke, on a panel at the Practising Law Institute's seminar on "Delaware Law Developments 2014: What All Business Lawyers Need to Know."

Second Circuit Limits Judicial Review of Regulatory Consent Judgments

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 25, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'SEC v. Citigroup', in which a Second Circuit panel reversed a district court rejection of the proposed consent judgment between the SEC and Citigroup. The authors write: The Second Circuit's decision brings much-needed clarity to the law, and confirms that regulatory consent judgments in which the defendant neither admits nor denies the allegations are an appropriate tool of enforcement agencies.

Personal Notes on Lawyers

: New York Law Journal : January 20, 2014

Day Pitney, White & Case, Paul Weiss and Pearl Cohen Zedek Latzer Baratz have each added a partner, while the Fund for Modern Courts has added new members to its board of directors.

Loose Sallies—Essays

Michael Miller : New York Law Journal : January 19, 2014

PwC, Citco Escape Madoff Feeder Fund Class Action

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Kirkland and Paul Weiss tentatively freed their clients from a class action targeting them over services they provided to Fairfield Greenwich Group, a manager of so-called feeder funds that funneled billions of dollars into Bernie Madoff's Ponzi scheme.

Wachtell, Willkie Get Call For Telecom, Transport Tie-Ups

Brian Baxter : The Am Law Daily : January 16, 2014

The Am Law 100 firms are handling the latest round of consolidation in the telecommunications sector, as Level 3 Communications seeks to buy TW Telecom for $5.68 billion, along with another transportation tie-up that will create the largest U.S.-listed dry bulk carrier.

Net Losses Outweigh Gains at Firms

Christine Simmons : New York Law Journal : January 16, 2014

The number of attorneys employed full time by the largest private law offices in New York continues to decline, a trend that began with the 2008 financial crisis, according to data gathered for the New York Law Journal's annual survey. Hiring is up, however, among regional and out-of-state firms.

Asia Deal Digest: June 12, 2014

Tom Brennan : The Asian Lawyer : January 12, 2014

* Private equity giant CVC turns to Simpson Thacher on formation of new $3.5 billion Asia fund* Simpson and Skadden on Alibaba browser buyout deal* Baker & McKenzie advises Australia's Origin Energy on $800 million gas exploration permit buy

BASF: Making a Smorgasbord Of Public Interest Work

: New Jersey Law Journal : January 12, 2014

BASF lawyers are encouraged, from the top down, to devote time to pro bono, and the law department's innovative programs help facilitate effective application of resources where they're needed.

NLJ 350: 9 Facts You Should Know About This Year's List

: The National Law Journal : January 10, 2014

Beyond the headcounts and the mergers, here are some additional bits of information from our annual survey.

Legal Aid Society Awards

: New York Law Journal : January 06, 2014

The Legal Aid Society held its 37th annual awards dinner on Wednesday at the Waldorf-Astoria Hotel. About 900 people attended the fundraising event, which the group says was the most successful in its history.

Circuit Vacates Rakoff Denial of Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

The Second Circuit panel said Judge Rakoff applied the wrong standard when he blocked the consent decree, which he criticized as the latest in a series of cases in which the SEC alleged serious securities fraud for which the defendant admitted no wrongdoing.

Panel Upsets Rakoff Ruling in Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

Manhattan U.S. District Judge Jed Rakoff abused his discretion when he blocked a consent decree between the Securities and Exchange Commission and Citigroup in 2011, according to the Second Circuit.

New Rule 37(e) Overrules Second Circuit on Sanctions for Loss of ESI

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 03, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal, litigation partners at Paul, Weiss, Rifkind, Wharton & Garrison, write: A new e-discovery rule leaves judges with a great deal of discretion in terms of imposing curative measures and requiring exceptional efforts to retrieve less accessible information. Therefore, much remains to be seen in terms of how this new Rule plays out.

The Churn: Akin Gump, Buchanan Ingersoll Expand, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 03, 2014

Akin Gump adds more Patton Boggs refugees, Buchanan Ingersoll becomes the latest firm to head for the Rockies and more lateral hires from across the Am Law 200.

The Diversity Crisis: Pioneering Partners Say Hurdles Remain

Michael D. Goldhaber : The American Lawyer : January 03, 2014

What black trailblazers of Big Law say about its future.

Posner Savages 'Scandalous' Settlement in Pella Case

Lisa Hoffman : The National Law Journal : January 03, 2014

A class action settlement before the U.S. Court of Appeals for the Seventh Circuit appeals panel was a “scandalous” assemblage of conflicts of interest, cozy relationships, dubious calculations, ethical wrongdoing and judicial inattention, that, in the end, amounted to a decidedly raw deal for the consumers suing Pella Corp. over alleged window defects.

Judge Approves Plan for Antismoking Ad Campaign

Zoe Tillman : Legal Times : January 02, 2014

Eight years after a federal judge in Washington ordered tobacco companies to pay for an antismoking ad campaign, the judge on Monday approved a plan for executing that order.

Perjured Statements as a Basis for Sentencing Enhancement

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 30, 2014

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp discuss 'United States v. Peña,' in which the court found that the defendant's sworn statements, discredited by the district court, did not demonstrate a willful obstruction of justice. The decision delineates the line between a sentencing enhancement that advances valid sentencing goals and one that violates a defendant's constitutional and statutory rights to testify.

The Diversity Crisis: Big Firms' Continuing Failure

Julie Triedman : The American Lawyer : January 29, 2014

Large firms have long lagged in matters of diversity, and their record on hiring and promoting African-Americans is especially bleak. Why have firms fallen so short, and what can be done about it?

Big Canadian Deals

Brian Baxter, Marlisse Silver Sweeney, Tom Huddleston Jr. : The American Lawyer : January 29, 2014

Yamana–Agnico-Eagle / Osisko; CPPIB / Wilton Re; Encana / TPG Capital

N.Y. Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Delaware Business Court Insider : January 28, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a presuit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held last week.

Korea Backs LCD Makers in Test of U.S. Antitrust Laws

Jan Wofe : The Litigation Daily : January 27, 2014

The governments of South Korea and the United States are clashing over whether an appeals court should resurrect Motorola Mobility's price-fixing case against the world's liquid crystal display manufacturers.

Bernstein Litowitz Berger & Grossmann

Sherry Karabin : The National Law Journal : January 26, 2014

Panel Upholds Citigroup Directors' Rejection of Claim

Brendan Pierson : New York Law Journal : January 23, 2014

A unanimous First Department panel upheld the dismissal of a shareholder derivative lawsuit against more than 20 current and former Citigroup, Inc. executives and directors, including former CEO Charles Prince.

Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Commercial Litigation Insider : January 23, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a pre-suit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held Thursday.

Judge Tosses Expert Testimony Against Pfizer

Jan Wolfe : The Litigation Daily : January 23, 2014

The ruling could upend a huge securities fraud case against Pfizer over its marketing of the painkillers Celebrex and Bextra. Pfizer is represented by Paul Weiss, Simpson Thacher and DLA Piper.

State, Airbnb Reach Accord on Subpoena for Rental Data

Joel Stashenko : New York Law Journal : January 22, 2014

The agreement calls for Airbnb to "anonymize" renters' data to hide personal identifying information, but the company agreed to turn over detailed information about the "hosts" if the screening of the data suggests possible violations of law.

Judge Dismisses Investor Suit Against Citigroup

Jan Wolfe : The Litigation Daily : January 22, 2014

A Citigroup Inc. shareholder has hit a dead end in a lawsuit alleging that the bank didn't properly investigate its bets on collateralized debt obligations, marking a win for attorneys at Cravath, Paul Weiss and Wachtell.

Glasscock Refuses to Adjust Purchase Price for 'American Idol' Owner

Jeff Mordock : Delaware Business Court Insider : January 21, 2014

A Delaware Court of Chancery vice chancellor declined to modify his November decision declaring the $509 million price offered for "American Idol" owner CKx Inc. was fair market value. The opinion, authored by Vice Chancellor Sam Glasscock III, made headlines last year when the judge broke from the Chancery Court's tradition of using discounted cash flow to determine a company's value.

Medtronic Inks $1 Billion Deal to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially life-saving technology.

Medtronic to Pay More Than $1 Billion to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially lifesaving technology.

Ruling in Carpenters Pension Case May Yield Relief

Hilary Johnson : The American Lawyer : January 19, 2014

A recent appeals court decision may give companies some comfort about general statements of internal controls.

Weil, Paul Weiss Help Nail Down CCMP's Hillman Buy

MP McQueen : The Am Law Daily : January 19, 2014

Private equity firm CCMP is acquiring a controlling stake in The Hillman Companies from Oak Hill Capital Partners.

After Sentencing, SAC's Steinberg Looks to Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

Three-and-a-half years in federal prison isn't exactly a slap on the wrist. Still, with prosecutors gunning to put convicted insider trader Michael Steinberg behind bars for nearly twice that long, Steinberg's sentencing on Friday could have gone much worse.

AG to File Revised Subpoena for Airbnb Renter Records

Joel Stashenko : New York Law Journal : January 15, 2014

Attorney General Eric Schneiderman's office said it will rewrite a subpoena to the lodging website Airbnb after a judge ruled that the original subpoena issued to the home rental website was overbroad.

Standard for Attorney Fees in Patent Litigation

Lewis R. Clayton : New York Law Journal : January 14, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent decisions of interest, including the U.S. Supreme Court's holdings that should be music to the ears of those who complain about abusive patent litigation, the latest chapter in the smartphone wars, and the denial of copyright protection to a singing telegram performer in a banana costume.

Senior Housing Facility Management Agreements

Peter Fisch and Salvatore Gogliormella : New York Law Journal : January 14, 2014

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella outline some of the key features that are negotiated as part of senior housing management agreements—fee structures, operational and physical standards, performance tests and territorial restrictions—and the manner in which they are sometimes addressed.

Judge Quashes AG's Subpoena Against Airbnb

Joel Stashenko : New York Law Journal : January 14, 2014

A judge on Tuesday quashed as overbroad a subpoena in an investigation of the Airbnb lodging website for possible tax evasion and other violations in arranging short-term home rentals.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 12, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Weil's Awkward Transition

Vivia Chen : The American Lawyer : January 12, 2014

When Weil, Gotshal & Manges embarked on a strategic overhaul, some partners headed for the exits.

Court Mulls $53M Settlement of Class Suit by Former TWA Pilots

Charles Toutant : New Jersey Law Journal : January 12, 2014

Pilots for defunct Trans World Airlines ask a federal judge to approve a $53 million settlement of 12-year-old litigation with their union over seniority rights lost when bankrupt TWA was taken over by American Airlines in 2001.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 09, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Law Schools Enlist Marquee Names for Graduation Speeches

Karen Sloan : The National Law Journal : January 09, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys, while others are going with the usual suspects: alumni lawyers, judges and elected officials.

Law School Graduations Start Today in New York

: New York Law Journal : January 09, 2014

Syracuse University College of Law's commencement ceremony Thursday kicks off a month graduations at New York's 15 law schools that will continue through June 1.

Wilmer Preserves GE Victory in Mitsubishi Wind Power Battle

Jan Wolfe : The Litigation Daily : January 08, 2014

General Electric has won its unusual legal battle with an ex-employee who aligned himself with Mitsubishi in a bitter patent fight over wind turbine technology.

Blue-Ribbon Panel Proposes Reforms of Capital Punishment

Marcia Coyle : The National Law Journal : January 07, 2014

With Oklahoma's botched execution still a fresh memory, a bipartisan panel of criminal justice experts is recommending 39 steps to improve administration of the death penalty, including use of a deadly dose of a single anesthetic or barbiturate instead of the drug cocktail used in states that rely on lethal injection.

Scalia, Stevens Among All-Star Commencement Cast

Karen Sloan : The National Law Journal : January 05, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys.

More Parties Getting into the (Lanham) Act

Lewis R. Clayton : The National Law Journal : January 05, 2014

Broader standing to bring false-advertising claims complicates the question of proximate cause.

A Scramble for Antismoking Ads

Zoe Tillman : The National Law Journal : January 05, 2014

Some cable networks protest being left off list,say they would reach high-impact audiences.

NYU Law Trustee Resigning After Student Subpoena Rift

Tania Karas : New York Law Journal : January 02, 2014

Daniel Straus, the New York University School of Law trustee whose company, CareOne Management, came under fire for subpoenaing emails of two students who criticized CareOne's labor practices, will step down from the school's board as of May 22.

New York Firms Increase Profits, Reducing Size

Christine Simmons : New York Law Journal : January 02, 2014

Many large New York law firms grew their revenue and profits last year, continuing to pull ahead of the national pack when it comes to financial indicators.

May 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

2014 Rising Stars

: New York Law Journal : January 01, 2014

The New York Law Journal congratulates the 42 young lawyers chosen as 2014 Rising Stars by a panel of 20 esteemed judges. Our panel reviewed more than 230 nominations of attorneys 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.

Amid Sterling Row, Skadden Waits in Wings

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

The firm is preparing for a potential court battle with Los Angeles Clippers owner and attorney Donald Sterling.

Kirkland Grabs Role on Big Bankruptcy From Bygone Era

Brian Baxter : The Am Law Daily : January 30, 2014

Energy Future Holdings Corp., the Texas energy giant once known as TXU, filed for bankruptcy Tuesday in Delaware.

NYU Law Students Move to Quash Trustee Subpoena

Tania Karas : New York Law Journal : January 28, 2014

Two NYU law students who circulated a petition asking dean Trevor Morrison for a meeting to discuss alleged violations of federal labor laws by companies owned by one of the school's trustees have filed a motion to quash that trustee's subpoena of their personal emails.

Am Law 100 Analysis: The Super Rich Get Richer

Aric Press : The American Lawyer : January 28, 2014

It was a middling year for most big firms, but the top 20 pulled away from the pack.

Determining Knowledge of Claim Dischargeable in Bankruptcy

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review, Paul Weiss partners Martin Flumenbaum and Brad S. Karp analyze the court's recent consideration of the level of scrutiny to apply, on a motion to dismiss, to allegations of lack of knowledge of a claim otherwise discharged in bankruptcy—specifically, whether delivery service and United Airlines customer DHL had adequately shown that it was unaware of United's alleged price-fixing activities until after United's bankruptcy plan was confirmed.

Half-Dozen Firms Dig Into Big Canadian Mining Deal

Brian Baxter : The Am Law Daily : January 23, 2014

Amid talk about a pharma M&A boom, the global mining industry is on the verge of its own round of consolidation.

Airbnb Argues AG Subpoenas for Client Data Are 'Overbroad'

Joel Stashenko : New York Law Journal : January 23, 2014

Attorneys for the online lodging service argued Tuesday that Attorney General Eric Schneiderman has insufficient evidence to force Airbnb to turn over information about nearly 16,000 apartment owners who rented out units in New York through Airbnb since 2010.

The Careerist: Wachtell Lipton Is Family Friendly?

Vivia Chen : The Careerist : January 21, 2014

The ultimate high-intensity firm is also sensitive to personal needs?

Appeals Court Blocks Controversial Ban on Medtronic Heart Valves

Scott Graham : The Recorder : January 21, 2014

The stay is a win for Medtronic's appellate attorney, Edward Reines of Weil, Gotshal & Manges, who argued the injunction could cost patients' lives.

Lululemon Missteps Don't Amount to Fraud, Judge Rules

David Bario : The Litigation Daily : January 18, 2014

The company's see-through pants fiasco and similar blunders can't serve as the basis for a securities fraud class action against Lululemon, a judge in Manhattan confirmed on Friday. The ruling is a victory for defense teams at Weil and Paul Weiss.

Foley, Quarles Help Keep Bucks in Wisconsin

Brian Baxter : The Am Law Daily : January 17, 2014

The Milwaukee-based Am Law 200 firms and Paul Weiss advise on the record-setting sale of the NBA's Milwaukee Bucks.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

According to lawyers for Edwards LifeSciences at Paul Weiss, Medtronic is resorting to "hyperbolic claims" to counter an injunction against heart valves found to infringe Edwards' IP.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

After a Delaware judge blocked use of a Medtronic heart valve, the company decided to play hardball instead of cooperate, argue attorneys for Edwards LifeSciences.

Reverse Triangular Mergers and Non-Assignment Clauses in Leases

Peter E. Fisch and Mitchell L. Berg : New York Law Journal : January 16, 2014

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg, partners at Paul, Weiss, Rifkind, Wharton & Garrison, discuss a recent case from the Delaware Court of Chancery which suggests that reverse triangular mergers may not violate prohibitions on lease assignments—even prohibitions that specifically restrict assignments by operation of law—that do not include express restrictions on changes of control.

Alibaba Asks Firms to Pick Sides

Anna Zhang : The Asian Lawyer : January 14, 2014

The Chinese e-commerce giant, which is expected to have the world's largest IPO since Facebook Inc. later this year, has let it be known that it won't be hiring any firm for transactional work that also advises its major competitors. Though such demands are not uncommon outside of Asia, not least in the U.S. tech sector, lawyers say firms face a more complicated choice in the super-competitive but still-developing China market.

Akin, Milbank Help Broker Big Matzo Swap

Brian Baxter : The Am Law Daily : January 11, 2014

With Passover approaching, Akin Gump Strauss Hauer & Feld and Milbank, Tweed, Hadley & McCloy grabbed seats at the table as The Manischewitz Company—one of the few remaining matzo makers in the U.S.—saw its ownership transfer from one privately held entity to another.

Asia Deal Digest: April 10, 2014

Tom Brennan : The Asian Lawyer : January 10, 2014

* Shearman and Davis Polk on $3.2 billion merger of Indian generic drug makers* Linklaters and Gilbert + Tobin advising a South African retailer on its $2 billion bid for Australia's David Jones department stores* Chinese state food giant COFCO turns to Clifford Chance for Hong Kong grain trading acquisition

IN BRIEF: Iranian Front

: The National Law Journal : January 07, 2014

A federal judge in New York has approved more than $500 million in claims against a forfeited office building whose partial owners are accused of violating the Iranian trade embargo. Plus more from NLJ.com and other ALM publications.

Skadden, Simpson Top First-Quarter M&A Rankings

Tom Huddleston Jr. : The Am Law Daily : January 03, 2014

The two firms outpaced their Am Law rivals in terms of the total value of their corporate clients' global transactions in the year's first three months, according to rankings released this week by Bloomberg, Mergermarket and Thomson Reuters. Both firms bolstered their totals by grabbing roles on two of the quarter's biggest deals.

Citi Taps Shearman Amid Banamex Inquiry

Julie Triedman : The Am Law Daily : January 03, 2014

Shearman & Sterling is leading an internal investigation for longtime client Citigroup Inc. in connection with an alleged $400 million fraud at the bank's Mexican subsidiary, Banamex, The American Lawyer confirmed Thursday.

IPO With Paul Weiss Link Delayed Amid 'Flash Boys' Furor

: The Am Law Daily : January 03, 2014

With the storm kicked up by Michael Lewis' new book about high-frequency trading continuing to swirl, Virtu Financial—a high-speed trading outfit headed by former Paul, Weiss, Rifkind, Wharton & Garrison corporate partner Douglas Cifu—has pushed back its planned initial public offering. Paul Weiss is just one of several Am Law 100 firms with ties to the controversial industry.

Schneiderman Names New Bureau Chiefs in AG Office

Brendan Pierson : New York Law Journal : January 01, 2014

New York Attorney General Eric Schneiderman has appointed new chiefs for his office's public integrity, Internet and taxpayer protection bureaus, the office announced Monday.

Canadian Deals & Suits

Laura King : Corporate Counsel : January 01, 2014

Text Messages: Coming to a Litigation Near You

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 01, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison write: Recent, high-profile matters confirm the emerging role of text messages in litigation.

April 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

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

Guilty Pleas Detail Accounting Fraud at Dewey & LeBoeuf

Julie Triedman and Christine Simmons : New York Law Journal : January 31, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Big Deals

David Marcus : The American Lawyer : January 31, 2014

Comcast/Time Warner Cable; Actavis / Forest Labs; Facebook / WhatsApp; Santander Consumer USA IPO; Carlyle / J&J Diagnostics Unit

Judge Unseals Guilty Pleas of Six More Dewey Staffers

Julie Triedman and Christine Simmons : The Am Law Daily : January 28, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Gay-Friendly Policies Can Help Law Firms, Advocates Say

Tania Karas : New York Law Journal : January 24, 2014

A work environment that welcomes lesbian, gay, bisexual and transgender lawyers is not only fundamentally fair, it can boost the bottom line. That was the message of Out in Law, a daylong event at New York University School of Law this month.

Fair Use Found in Distribution of Investor Conference Call Recording

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'Swatch Group Management Services Ltd. v. Bloomberg L.P.,' in which the U.S. Court of Appeals for the Second Circuit examined the scope of copyright protection accorded a sound recording of a public company's conference call with investment analysts.

The Am Law 100, the Early Numbers: Elite New York Firms Pull Away

Julie Triedman : The Am Law Daily : January 20, 2014

A year after making only slight financial gains, a group of New York–based firms made up of some of The Am Law 100's most profitable members put even more distance between itself and the rest of the pack in 2013, according to The American Lawyer's reporting.

Lawyer Traces Ex-Dewey COO's Path to Possible Witness Role

Brian Baxter : The Am Law Daily : January 20, 2014

When four former Dewey & LeBoeuf insiders were charged with engineering a massive fraud that helped kill the storied firm, Dennis D'Alessandro was neither one of the defendants nor among the seven unnamed people who have already pled guilty in the matter. According to his lawyer, though, he may yet offer his take on Dewey's demise in court.

Business Judgment Rule Governs Move to Go Private, Justices Say

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

A going-private merger led by a controlling stockholder should be reviewed under the less-stringent business judgment rule, the Delaware Supreme Court has ruled. The high court's decision affirmed a Delaware Court of Chancery ruling that MacAndrews & Forbes Holdings' full acquisition of an affiliate was proper under the business judgment rule.

Court Approves Pact Between Group Home Residents, State

Joel Stashenko : New York Law Journal : January 19, 2014

A Federal judge has approved a settlement under which New York State has agreed to give more than 3,000 residents of group homes for the mentally ill the opportunity to move into their own apartments and live more independently in the community.

E-Discovery

: New York Law Journal : January 17, 2014

In this Special Report from the New York Law Journal: "Protecting Data Privacy in Litigation and Investigations," "Transparency in Predictive Coding: How Much Is Too Much?," "'Wurtz' May Influence U.S. Cross-Border E-Discovery Law," and "Managing the Five Stages of E-Discovery Grief."

Managing the Five Stages of E-Discovery Grief

H. Christopher Boehning and Ross M. Gotler : New York Law Journal : January 17, 2014

H. Christopher Boehning and Ross M. Gotler of Paul, Weiss, Rifkind, Wharton & Garrison consider the Five Stages of Grief in the context of e-discovery and offer strategies for how companies can manage each of these Five Stages of E-Discovery Grief.

Target Of Judge Judy Lawsuit Calls Suit Misunderstanding

JAY STAPLETON : The Connecticut Law Tribune : January 14, 2014

A Hartford lawyer who is being sued in federal court for allegedly using the likeness of daytime TV's "Judge Judy" in an ad for his law firm says the whole thing is a "misunderstanding."

David Sive, Pioneer in Environmental Law, Dies at 91

Joel Stashenko : New York Law Journal : January 13, 2014

An attorney who won landmark environmental rulings in both state and federal courts and built the pioneering environmental law firm Sive, Paget & Riesel, died Tuesday. He was 91.

Federal Circuit Tackles Appellate Review of Claim Construction

Lewis R. Clayton : New York Law Journal : January 12, 2014

In his Intellectual Property Litigation column, Paul, Weiss, Rifkind, Wharton & Garrison partner Lewis R. Clayton reviews recent notable decisions, including the Federal Circuit's en banc holding on one of the most contentious issues in patent law.

Who Will be Star Witnesses If Dewey Case Goes to Trial?

Julie Triedman : The Am Law Daily : January 11, 2014

Prosecutors will need more than damning emails to secure convictions of the four men accused of engineering a massive accounting fraud that helped hasten Dewey & LeBoeuf's collapse.

The Careerist: Her Novel Is a Hit—and She's Quitting

Vivia Chen : The Am Law Daily : January 10, 2014

First-time novelist Helen Wan hits the jackpot. (Includes link to video interview.)

No Boies v. Wells Rematch as Terra Firma Takes Citigroup Case to U.K.

Ross Todd : The Litigation Daily : January 10, 2014

After more than four years and who knows how much money spent duking it out in the U.S., Terra Firma Capital Partners and Citigroup have opted to let an English court deal with their dispute over the 2007 sale of music label EMI.

Atheists Seek Recognition in 9/11 Museum Display

Tania Karas : New York Law Journal : January 07, 2014

A group of atheists tried to convince a Second Circuit panel Thursday that if a museum commemorating the terrorist attacks displays a cross-shaped steel beam found in the wreckage of the World Trade Center, it should also be required to display a symbol recognizing atheists who were affected by 9/11.

Labaton Sucharow

Sherry Karabin : The National Law Journal : January 03, 2014

Think "securities fraud litigation," and Labaton Sucharow should pop to mind. During 2013, partners Christopher McDonald and Jonathan Plasse served as co-lead counsel with Bernstein Litowitz Berger & Grossmann in a class action against Schering-Plough Corp., recovering $473 million for investors.

NFL Tax Filings Show Big Fees for Three Firms

Brian Baxter : The Am Law Daily : January 03, 2014

The latest tax filings by the National Football League and its collective bargaining arm show that it paid out nearly $25 million to Akin Gump, Covington & Burling and Paul Weiss, the latter a newcomer to the NFL's stable of top outside legal advisers.

Litigator of the Week: Thomas Goldstein of Goldstein & Russell

Jan Wolfe : The Litigation Daily : January 27, 2014

The omnipresent Supreme Court advocate and SCOTUSblog cofounder scored a major victory for class action plaintiffs who are seeking billions from law firms and other advisers of Ponzi schemer R. Allen Stanford.

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

Canadian Big Deals

Laura King : The American Lawyer : January 27, 2014

Brookfield Property Partners/Brookfield Office Properties; Fortis/UNS Energy; Pacific Rubiales Energy/Petrominerales; Fairfax Financial/BlackBerry

'Brady'-Based Section 1983 Claims After Guilty Plea

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 26, 2014

In their Second Circuit Review, Paul Weiss members Martin Flumenbaum and Brad S. Karp discuss 'Poventud v. City of New York,' in which the court, sitting en banc, considered whether a plaintiff whose initial conviction was tainted by disclosure violations under 'Brady v. Maryland' could pursue a 42 U.S.C. §1983 claim despite having pleaded guilty to lesser offenses in a second trial.

Several Amicus Briefs Filed in Support of Chancery's Arbitration Program

Jeff Mordock : Delaware Business Court Insider : January 26, 2014

A large batch of amicus briefs—from 23 law firms as well as business groups—have been filed with the U.S. Supreme Court in support of the Delaware Court of Chancery's confidential arbitration program.

Chadbourne, Proskauer Lose Supreme Court Bid to Block Stanford Class Actions

Julie Triedman : The Litigation Daily : January 26, 2014

In a highly anticipated decision interpreting the reach of the Securities Litigation Uniform Standards Act, the court green-lighted investor claims against Chadbourne & Parke, Proskauer Rose and other advisers of convicted Ponzi schemer R. Allen Stanford.

The Am Law 100, the Early Numbers: At Paul Weiss, Making Headlines And Profits

David Bario : The Am Law Daily : January 24, 2014

Paul, Weiss, Rifkind, Wharton & Garrison saw its profits per partner increase more than 8 percent last year, to $3.62 million, and its gross revenue rise nearly 7 percent, to $934.5 million, according to The American Lawyer's reporting.

Law Firms Back Narrow Right of Court Access in Delaware Appeal

Ross Todd : The Litigation Daily : January 24, 2014

Two dozen major law firms came together on Monday to send an unlikely message to the U.S. Supreme Court: It's time to clamp down on open access to government.

New Deals

Tom Huddleston Jr. : The Am Law Daily : January 20, 2014

One month after Time Warner Cable rejected a takeover bid as "grossly inadequate," the nation's second-largest cable company has attracted a better offer. Also, generic drug maker Actavis has said it will buy Forest Laboratories.

Litigator of the Week: Theodore Wells Jr. of Paul Weiss

Ross Todd : The Litigation Daily : January 20, 2014

Ted Wells has long been a towering figure among trial lawyers. After his report on the bullying scandal that rocked the NFL's Miami Dolphins, he's on his way to becoming a household name for sports fans as well.

Penalty Can Exceed Insider's Own Profits, Circuit Says

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

An insider trader can be required to disgorge the profits he channeled to others above and beyond the profits he earned for himself, the U.S. Court of Appeals for the Second Circuit ruled Tuesday.

Entertainment Company Needs Cause to Avoid Paying Interest in Disputed Acquisition

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

The entertainment company that holds the rights to "American Idol" and other television programs involved in litigation over a possible acquisition cannot order the challenging shareholder to accept the undisputed portion of its potential purchase price, the Delaware Court of Chancery has ruled. The court held the company did not meet the "good cause" standard necessary to order the stock owner to agree to a partial sales price, thereby stopping the entertainment company's accrual of interest.

Second Circuit Sides With Citi in $4 Billion Abu Dhabi Case

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Quinn Emanuel Urquhart & Sullivan struck out Wednesday in their latest attempt to revive a $4 billion arbitration claim against Citigroup on behalf of Abu Dhabi's sovereign wealth fund.

Paul Weiss Strikes Out for Contorinis, Scores for Citi at Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

The firm couldn't reverse a ruling that a client convicted of insider trading must disgorge $7 million. But it did finish off a fraud case brought against longtime client Citigroup Inc. by a group of Norwegian investors represented by Kasowitz Benson Torres & Friedman.

The Score: Paul Weiss Drops Wells Report, Helps Client Buy Easton

Brian Baxter : The Am Law Daily : January 14, 2014

Roughly a year after reaping $3.6 million to conduct an internal investigation of the NBA players' union, Paul, Weiss, Rifkind, Wharton & Garrison litigation partner Ted Wells released Friday the results of his inquiry into the Miami Dolphins bullying imbroglio. Wells' firm also took the lead this week counseling a client on its $330 million acquisition of struggling Easton-Bell Sports' baseball and softball business. Meanwhile, Davis Polk and Covington, respectively, helped Comcast and the NFL ink a pair of major TV rights deals.

Dealmaker of the Week: Paul Weiss' Robert Schumer

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

Schumer is leading the Paul Weiss team advising Time Warner Cable on its sale to Comcast in a $45.2 billion all-stock deal that is worth roughly $67 billion when assumed debt is added in.

Keryx Biopharmaceuticals Fends Off Investor Suit

Jan Wolfe : The Litigation Daily : January 14, 2014

Keryx Biopharmaceuticals Inc. and its lawyers at Alston & Bird have defeated claims that the company misled investors about the results of a clinical trial for its cancer drug Perifosine.

Am Law Firms Feast on Comcast's Big Time Warner Buy

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

Davis Polk and Willkie are advising Comcast, which announced Thursday that it has reached an agreement to buy Time Warner Cable in an all-stock transaction valued at roughly $67 billion, including some $21.8 billion in assumed debt. Paul Weiss and Skadden are representing Time Warner in the matter, and Simpson Thacher has also landed a role.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Am Law Daily : January 13, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Litigation Daily : January 12, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

Latham Lands Roles on Two Deals Totaling $3.2 Billion

Brian Baxter : The Am Law Daily : January 11, 2014

Latham & Watkins is advising longtime private equity client The Carlyle Group on its $1.9 billion sale of Veyance Technologies to German tire and auto parts maker Continental AG, and Cadence Pharmaceuticals on its $1.3 billion sale to Ireland's Mallinckrodt. A half-dozen other Am Law 100 and foreign firms are also working on the transactions.

Five Am Law 100 Firms Handle Three Big PE Deals

Brian Baxter : The Am Law Daily : January 07, 2014

Private equity giants KKR and The Carlyle Group kept a handful of Am Law 100 firms busy this week with acquisitions totaling nearly $5 billion, and veteran Simpson Thacher & Bartlett partner Mari Lerner took the lead on two of the deals. Changing hands in the transactions were an industrial packaging unit owned by Illinois Tool Works, medical device maker Lake Region Medical and optical retailer National Vision.

DHS Head Calls for Immigration and Cybersecurity Reform

Jenna Greene : Legal Times : January 07, 2014

In his first major address as Secretary of Homeland Security, Jeh Johnson today called for "commonsense solutions" to the nation's immigration system and asked Congress to provide legal clarity on the department's role in safeguarding private-sector cyber networks.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

UJA-Federation Recognizes Lawyers

Rick Kopstein, Photographer : New York Law Journal : January 05, 2014

The UJA-Federation of New York honored Wachtell, Lipton, Rosen & Katz partner Theodore N. Mirvis and Kirkland & Ellis LLP partner Edward O. Sassower at the organization's Lawyers Division annual event on Jan. 30.

DOI Nominee Says History Shows His Independence

Christine Simmons : New York Law Journal : January 04, 2014

Ask attorney Mark Peters if he would hesitate to break ranks with close friend and political ally Mayor Bill de Blasio as the city's top watchdog, and he will mention David Paterson.

'Seed Set' Documents Should Not Be Discoverable

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 04, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison survey recent decisions concerning the use of predictive coding and explore the conflict over the extent to which the core processes of predictive coding are discoverable, including information about the "seed set" used to derive the relevant computer algorithm.

New York Sees Growth in Partner Promotions

Christine Simmons : New York Law Journal : January 03, 2014

A survey of New York's largest firms shows a slight uptick in the number of lawyers promoted to partner last year. The number of new partners firmwide at remained almost even from the number in 2012.

Litigators of the Week: Robert Wick of Covington & Burling and Kenneth Gallo of Paul Weiss

Jan Wolfe : The Litigation Daily : January 30, 2014

Even in the megalitigation over price-fixing in the LCD industry, Motorola's $3.5 billion case against Samsung and other LCD manufacturers was a biggie. Not so much anymore.

Fee Tracker: Super Bowl, Patent Battles and More

Brian Baxter : The Am Law Daily : January 30, 2014

In our latest installment of the Fee Tracker, The Am Law Daily looks at the legal fees paid by several leading nonprofit organizations in the news, such as the NY/NJ Super Bowl XLVIII Bidding Committee, the Alfred E. Mann Foundation for Scientific Research and the UJA-Federation of New York, which recently hired a top Paul, Weiss, Rifkind, Wharton & Garrison litigation partner as its new leader.

Overt Acts, Conspiracy and the Statute of Limitations

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 29, 2014

In their Second Circuit Review, Paul Weiss' Martin Flumenbaum and Brad S. Karp discuss 'United States v. Grimm,' in which the court considered whether routine payments by unindicted co-conspirators pursuant to guaranteed investment contracts constituted overt acts in furtherance of a conspiracy for purposes of the statutes of limitations.

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. .

'Fair Use' Spares Bloomberg in Swatch Copyright Dispute

Joel Stashenko : New York Law Journal : January 28, 2014

Bloomberg violated no copyright laws when it posted an unauthorized recording of a conference call about the Swatch watch company's earnings report on a data service for financial investors, the Second Circuit held Monday.

Paul Weiss Partner Leaving to Head Jewish Charity

Christine Simmons : New York Law Journal : January 27, 2014

Eric Goldstein, a securities litigator who has been at Paul Weiss for more than 30 years, will resign from the partnership to become CEO of UJA-Federation of New York.

Litigation Department of the Year: Honorable Mentions

By David Bario, Michael D. Goldhaber, Robin Sparkman, Julie Triedman and Jan Wolfe : The American Lawyer : January 27, 2014

Ten firms win Honorable Mention recognition in The American Lawyer's 2014 Litigation Department of the Year competition.

That's A Lot of Tokens! $1.3 Billion Pending Purchase of Chuck E. Cheese's Parent Company CEC

Brenda Sapino Jeffreys : Texas Lawyer : January 27, 2014

A team from Weil, Gotshal & Manges led by Dallas corporate partner D. Gilbert Friedlander represents Irving-based CEC Entertainment in its pending purchase by an affiliate of Apollo Global Management for about $1.3 billion.

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Paul Weiss Rifkind Wharton & Garrison Llp

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

Paul Weiss Rifkind Wharton & Garrison Llp

  • Designation: N/A
  • Head Count: N/A
  • Gross Revenues: N/A
  • Revenue Per Lawyer: N/A
  • Profits Per Partner: N/A
  • Year Over Year Change: 0

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 NR N/A Gross revenue
Am Law 200 NR N/A Gross revenue
NLJ 250 NR N/A Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard NR N/A Pro-bono commitment
Diversity Scorecard NR N/A Minority head count
Midlevel Associates Survey NR N/A Job satisfaction
Summer Associates Survey NR N/A Summer programs

In the News

Split Panel Upholds Parole Denial for Exemplary Inmate

John Caher : New York Law Journal : January 25, 2014

A State prison inmate with an extraordinary record of institutional achievement and a network of supporters ranging from top corrections officials to the prosecutor who put him away in the early 1980s will remain behind bars after a deeply divided upstate appellate panel embraced a hands-off approach to parole reviews.

INADMISSIBLE: 17 Years Later, Ronnie White Is Confirmed

: The National Law Journal : January 21, 2014

What a difference 17 years and a Senate rules change can make. On July 16, the U.S. Senate confirmed former Missouri Supreme Court Chief Justice Ronnie White to a seat on the federal bench in the Eastern District of Missouri. Plus more in this week's column.

Wachtell Raids Simpson Thacher for Executive Compensation Expert

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

A month after Wachtell, Lipton, Rosen & Katz executive compensation partner Jeremy Goldstein left the venerable Am Law 100 firm to start his own practice, the country's most profitable shop on a profits-per-partner basis looked outside its ranks to find a replacement in Simpson Thacher & Bartlett partner Andrea Wahlquist. She becomes only the fourth lateral partner hire in Wachtell's storied history.

Swipe Fee Case Moves Ahead Against Card Companies

Susan Beck : The Litigation Daily : January 20, 2014

A group of major merchants that opted out of a $5.7 billion antitrust settlement with Visa and MasterCard have cleared a hurdle in their case against the card companies over swipe fees.

Citigroup Settles With Government for $7 Billion

Brendan Pierson : New York Law Journal : January 15, 2014

New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank's activity in the subprime mortgage market, which was announced Monday.

Holder Touts Consumer Relief Provision in $7B Citigroup Deal

Todd Ruger : Legal Times : January 14, 2014

The U.S. Department of Justice on Monday continued to squeeze the country's biggest banks for their roles in the financial crisis, securing a $7 billion global settlement with Citigroup over misrepresentations about residential mortgage-backed securities.

What's Missing in Citigroup's $7 Billion RMBS Deal?

Susan Beck : The Litigation Daily : January 14, 2014

The DOJ cited "the strength of the evidence" warranting Citigroup's $7 billion payment over sales of residential mortgage-backed securities. But there's little evidence to be found in the statement of facts accompanying Monday's deal.

Loss of Key Witness Dooms Pfizer Investor Class Action

Jan Wolfe : The Litigation Daily : January 09, 2014

In a victory for Beth Wilkinson of Paul Weiss and her cocounsel at Simpson Thacher and DLA Piper, a federal judge in Manhattan refused to give plaintiffs a new chance to explain how Pfizer caused their losses.

Considerations in Complying With the Investment Advisers Act

Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz : New York Law Journal : January 09, 2014

In their Transactional Real Estate column, Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz of Paul, Weiss, Rifkind, Wharton & Garrison write: A sponsor that intends to raise capital from third-party investors for investment in real estate or real estate-related assets should consider whether the general partner, managing member or outside adviser to the vehicle that will be formed to undertake the investment will be required to register as an investment adviser under, and comply with the other requirements of, the Investment Advisers Act.

Rights of Patent Holders, Dolly the Sheep, Redskins, Aereo

Lewis R. Clayton : New York Law Journal : January 09, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent U.S. Supreme Court opinions, three of which were unanimous decisions that limit the rights or remedies of patent holders; the most-talked-about action the Trademark Trial and Appeal Board has likely ever taken; and more.

Q&A: Paul D. Sarkozi

Suevon Lee : Commercial Litigation Insider : January 07, 2014

On June 1, Paul Sarkozi took office as chair of the Commercial and Federal Litigation Section of the New York State Bar Association. CLI spoke with Sarkozi about the section's plans for the upcoming year and the significance of the rule changes in the Commercial Division.

Davis Polk's Big Bet in Hong Kong

Anthony Lin : The Asian Lawyer : January 07, 2014

The Wall Street firm has assembled a dream team, with an eye on China's rising corporate elite. Is the market ready?

New Deals

Vinayak Balasubramanian : The Am Law Daily : January 03, 2014

Alcoa Inc. has said it will acquire jet engine component producer Firth Rixson in a $2.85 billion deal expected to enhance the company's aerospace production.

Canadian Deals

: Corporate Counsel : January 01, 2014

Criminal Division Head Leaving U.S. Prosecutor

Mark Hamblett : New York Law Journal : January 27, 2014

After heading the Criminal Division for Southern District U.S. Attorney Preet Bharara for more than two years, Lorin Reisner is leaving the office.

Wachtell Partner Departs to Start Exec Comp Boutique

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

Jeremy Goldstein has bid adieu to the Black Rock, the New York headquarters of Wachtell, Lipton, Rosen & Katz, where he was a partner for the past six years. In launching his own boutique, the 40-year-old Goldstein leaves behind a firm that had the highest profits per partner in the country last year.

The Churn: Paul Weiss, Squire Patton Make New Hires, Plus More Lateral Moves

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

A big week for lateral moves saw Paul Weiss pluck a prominent prosecutor, the newly minted Squire Patton Boggs make another key addition and a rare departure from Wachtell Lipton. The Am Law Daily has the lowdown on the latest comings-and-goings from throughout The Am Law 200.

Justices Pull Plug on Aereo Online Streaming Service

Zoe Tillman and Marcia Coyle : New York Law Journal : January 26, 2014

Online streaming startup Aereo Inc. violated the copyrights of major television broadcast networks by retransmitting programs to users' Internet devices for a fee, the U.S. Supreme Court ruled Wednesday.

Firth Rixson's Sale to Alcoa Draws Three Am Law Firms

Vinayak Balasubramanian : The Am Law Daily : January 26, 2014

Alcoa said it would buy the jet engine component producer for $2.85 billion. Wachtell, Lipton, Rosen & Katz and Crowell & Moring advised Alcoa, while Paul, Weiss, Rifkind, Wharton & Garrison counseled Firth Rixson.

Paul Weiss Partners Take Part In Del. Law Development Seminar

: Delaware Law Weekly : January 25, 2014

Paul, Weiss, Rifkind, Wharton & Garrison partner Stephen Lamb moderated, and corporate partner Ross Fieldston spoke, on a panel at the Practising Law Institute's seminar on "Delaware Law Developments 2014: What All Business Lawyers Need to Know."

Second Circuit Limits Judicial Review of Regulatory Consent Judgments

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 25, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'SEC v. Citigroup', in which a Second Circuit panel reversed a district court rejection of the proposed consent judgment between the SEC and Citigroup. The authors write: The Second Circuit's decision brings much-needed clarity to the law, and confirms that regulatory consent judgments in which the defendant neither admits nor denies the allegations are an appropriate tool of enforcement agencies.

Personal Notes on Lawyers

: New York Law Journal : January 20, 2014

Day Pitney, White & Case, Paul Weiss and Pearl Cohen Zedek Latzer Baratz have each added a partner, while the Fund for Modern Courts has added new members to its board of directors.

Loose Sallies—Essays

Michael Miller : New York Law Journal : January 19, 2014

PwC, Citco Escape Madoff Feeder Fund Class Action

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Kirkland and Paul Weiss tentatively freed their clients from a class action targeting them over services they provided to Fairfield Greenwich Group, a manager of so-called feeder funds that funneled billions of dollars into Bernie Madoff's Ponzi scheme.

Wachtell, Willkie Get Call For Telecom, Transport Tie-Ups

Brian Baxter : The Am Law Daily : January 16, 2014

The Am Law 100 firms are handling the latest round of consolidation in the telecommunications sector, as Level 3 Communications seeks to buy TW Telecom for $5.68 billion, along with another transportation tie-up that will create the largest U.S.-listed dry bulk carrier.

Net Losses Outweigh Gains at Firms

Christine Simmons : New York Law Journal : January 16, 2014

The number of attorneys employed full time by the largest private law offices in New York continues to decline, a trend that began with the 2008 financial crisis, according to data gathered for the New York Law Journal's annual survey. Hiring is up, however, among regional and out-of-state firms.

Asia Deal Digest: June 12, 2014

Tom Brennan : The Asian Lawyer : January 12, 2014

* Private equity giant CVC turns to Simpson Thacher on formation of new $3.5 billion Asia fund* Simpson and Skadden on Alibaba browser buyout deal* Baker & McKenzie advises Australia's Origin Energy on $800 million gas exploration permit buy

BASF: Making a Smorgasbord Of Public Interest Work

: New Jersey Law Journal : January 12, 2014

BASF lawyers are encouraged, from the top down, to devote time to pro bono, and the law department's innovative programs help facilitate effective application of resources where they're needed.

NLJ 350: 9 Facts You Should Know About This Year's List

: The National Law Journal : January 10, 2014

Beyond the headcounts and the mergers, here are some additional bits of information from our annual survey.

Legal Aid Society Awards

: New York Law Journal : January 06, 2014

The Legal Aid Society held its 37th annual awards dinner on Wednesday at the Waldorf-Astoria Hotel. About 900 people attended the fundraising event, which the group says was the most successful in its history.

Circuit Vacates Rakoff Denial of Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

The Second Circuit panel said Judge Rakoff applied the wrong standard when he blocked the consent decree, which he criticized as the latest in a series of cases in which the SEC alleged serious securities fraud for which the defendant admitted no wrongdoing.

Panel Upsets Rakoff Ruling in Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

Manhattan U.S. District Judge Jed Rakoff abused his discretion when he blocked a consent decree between the Securities and Exchange Commission and Citigroup in 2011, according to the Second Circuit.

New Rule 37(e) Overrules Second Circuit on Sanctions for Loss of ESI

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 03, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal, litigation partners at Paul, Weiss, Rifkind, Wharton & Garrison, write: A new e-discovery rule leaves judges with a great deal of discretion in terms of imposing curative measures and requiring exceptional efforts to retrieve less accessible information. Therefore, much remains to be seen in terms of how this new Rule plays out.

The Churn: Akin Gump, Buchanan Ingersoll Expand, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 03, 2014

Akin Gump adds more Patton Boggs refugees, Buchanan Ingersoll becomes the latest firm to head for the Rockies and more lateral hires from across the Am Law 200.

The Diversity Crisis: Pioneering Partners Say Hurdles Remain

Michael D. Goldhaber : The American Lawyer : January 03, 2014

What black trailblazers of Big Law say about its future.

Posner Savages 'Scandalous' Settlement in Pella Case

Lisa Hoffman : The National Law Journal : January 03, 2014

A class action settlement before the U.S. Court of Appeals for the Seventh Circuit appeals panel was a “scandalous” assemblage of conflicts of interest, cozy relationships, dubious calculations, ethical wrongdoing and judicial inattention, that, in the end, amounted to a decidedly raw deal for the consumers suing Pella Corp. over alleged window defects.

Judge Approves Plan for Antismoking Ad Campaign

Zoe Tillman : Legal Times : January 02, 2014

Eight years after a federal judge in Washington ordered tobacco companies to pay for an antismoking ad campaign, the judge on Monday approved a plan for executing that order.

Perjured Statements as a Basis for Sentencing Enhancement

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 30, 2014

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp discuss 'United States v. Peña,' in which the court found that the defendant's sworn statements, discredited by the district court, did not demonstrate a willful obstruction of justice. The decision delineates the line between a sentencing enhancement that advances valid sentencing goals and one that violates a defendant's constitutional and statutory rights to testify.

The Diversity Crisis: Big Firms' Continuing Failure

Julie Triedman : The American Lawyer : January 29, 2014

Large firms have long lagged in matters of diversity, and their record on hiring and promoting African-Americans is especially bleak. Why have firms fallen so short, and what can be done about it?

Big Canadian Deals

Brian Baxter, Marlisse Silver Sweeney, Tom Huddleston Jr. : The American Lawyer : January 29, 2014

Yamana–Agnico-Eagle / Osisko; CPPIB / Wilton Re; Encana / TPG Capital

N.Y. Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Delaware Business Court Insider : January 28, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a presuit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held last week.

Korea Backs LCD Makers in Test of U.S. Antitrust Laws

Jan Wofe : The Litigation Daily : January 27, 2014

The governments of South Korea and the United States are clashing over whether an appeals court should resurrect Motorola Mobility's price-fixing case against the world's liquid crystal display manufacturers.

Bernstein Litowitz Berger & Grossmann

Sherry Karabin : The National Law Journal : January 26, 2014

Panel Upholds Citigroup Directors' Rejection of Claim

Brendan Pierson : New York Law Journal : January 23, 2014

A unanimous First Department panel upheld the dismissal of a shareholder derivative lawsuit against more than 20 current and former Citigroup, Inc. executives and directors, including former CEO Charles Prince.

Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Commercial Litigation Insider : January 23, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a pre-suit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held Thursday.

Judge Tosses Expert Testimony Against Pfizer

Jan Wolfe : The Litigation Daily : January 23, 2014

The ruling could upend a huge securities fraud case against Pfizer over its marketing of the painkillers Celebrex and Bextra. Pfizer is represented by Paul Weiss, Simpson Thacher and DLA Piper.

State, Airbnb Reach Accord on Subpoena for Rental Data

Joel Stashenko : New York Law Journal : January 22, 2014

The agreement calls for Airbnb to "anonymize" renters' data to hide personal identifying information, but the company agreed to turn over detailed information about the "hosts" if the screening of the data suggests possible violations of law.

Judge Dismisses Investor Suit Against Citigroup

Jan Wolfe : The Litigation Daily : January 22, 2014

A Citigroup Inc. shareholder has hit a dead end in a lawsuit alleging that the bank didn't properly investigate its bets on collateralized debt obligations, marking a win for attorneys at Cravath, Paul Weiss and Wachtell.

Glasscock Refuses to Adjust Purchase Price for 'American Idol' Owner

Jeff Mordock : Delaware Business Court Insider : January 21, 2014

A Delaware Court of Chancery vice chancellor declined to modify his November decision declaring the $509 million price offered for "American Idol" owner CKx Inc. was fair market value. The opinion, authored by Vice Chancellor Sam Glasscock III, made headlines last year when the judge broke from the Chancery Court's tradition of using discounted cash flow to determine a company's value.

Medtronic Inks $1 Billion Deal to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially life-saving technology.

Medtronic to Pay More Than $1 Billion to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially lifesaving technology.

Ruling in Carpenters Pension Case May Yield Relief

Hilary Johnson : The American Lawyer : January 19, 2014

A recent appeals court decision may give companies some comfort about general statements of internal controls.

Weil, Paul Weiss Help Nail Down CCMP's Hillman Buy

MP McQueen : The Am Law Daily : January 19, 2014

Private equity firm CCMP is acquiring a controlling stake in The Hillman Companies from Oak Hill Capital Partners.

After Sentencing, SAC's Steinberg Looks to Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

Three-and-a-half years in federal prison isn't exactly a slap on the wrist. Still, with prosecutors gunning to put convicted insider trader Michael Steinberg behind bars for nearly twice that long, Steinberg's sentencing on Friday could have gone much worse.

AG to File Revised Subpoena for Airbnb Renter Records

Joel Stashenko : New York Law Journal : January 15, 2014

Attorney General Eric Schneiderman's office said it will rewrite a subpoena to the lodging website Airbnb after a judge ruled that the original subpoena issued to the home rental website was overbroad.

Standard for Attorney Fees in Patent Litigation

Lewis R. Clayton : New York Law Journal : January 14, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent decisions of interest, including the U.S. Supreme Court's holdings that should be music to the ears of those who complain about abusive patent litigation, the latest chapter in the smartphone wars, and the denial of copyright protection to a singing telegram performer in a banana costume.

Senior Housing Facility Management Agreements

Peter Fisch and Salvatore Gogliormella : New York Law Journal : January 14, 2014

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella outline some of the key features that are negotiated as part of senior housing management agreements—fee structures, operational and physical standards, performance tests and territorial restrictions—and the manner in which they are sometimes addressed.

Judge Quashes AG's Subpoena Against Airbnb

Joel Stashenko : New York Law Journal : January 14, 2014

A judge on Tuesday quashed as overbroad a subpoena in an investigation of the Airbnb lodging website for possible tax evasion and other violations in arranging short-term home rentals.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 12, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Weil's Awkward Transition

Vivia Chen : The American Lawyer : January 12, 2014

When Weil, Gotshal & Manges embarked on a strategic overhaul, some partners headed for the exits.

Court Mulls $53M Settlement of Class Suit by Former TWA Pilots

Charles Toutant : New Jersey Law Journal : January 12, 2014

Pilots for defunct Trans World Airlines ask a federal judge to approve a $53 million settlement of 12-year-old litigation with their union over seniority rights lost when bankrupt TWA was taken over by American Airlines in 2001.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 09, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Law Schools Enlist Marquee Names for Graduation Speeches

Karen Sloan : The National Law Journal : January 09, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys, while others are going with the usual suspects: alumni lawyers, judges and elected officials.

Law School Graduations Start Today in New York

: New York Law Journal : January 09, 2014

Syracuse University College of Law's commencement ceremony Thursday kicks off a month graduations at New York's 15 law schools that will continue through June 1.

Wilmer Preserves GE Victory in Mitsubishi Wind Power Battle

Jan Wolfe : The Litigation Daily : January 08, 2014

General Electric has won its unusual legal battle with an ex-employee who aligned himself with Mitsubishi in a bitter patent fight over wind turbine technology.

Blue-Ribbon Panel Proposes Reforms of Capital Punishment

Marcia Coyle : The National Law Journal : January 07, 2014

With Oklahoma's botched execution still a fresh memory, a bipartisan panel of criminal justice experts is recommending 39 steps to improve administration of the death penalty, including use of a deadly dose of a single anesthetic or barbiturate instead of the drug cocktail used in states that rely on lethal injection.

Scalia, Stevens Among All-Star Commencement Cast

Karen Sloan : The National Law Journal : January 05, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys.

More Parties Getting into the (Lanham) Act

Lewis R. Clayton : The National Law Journal : January 05, 2014

Broader standing to bring false-advertising claims complicates the question of proximate cause.

A Scramble for Antismoking Ads

Zoe Tillman : The National Law Journal : January 05, 2014

Some cable networks protest being left off list,say they would reach high-impact audiences.

NYU Law Trustee Resigning After Student Subpoena Rift

Tania Karas : New York Law Journal : January 02, 2014

Daniel Straus, the New York University School of Law trustee whose company, CareOne Management, came under fire for subpoenaing emails of two students who criticized CareOne's labor practices, will step down from the school's board as of May 22.

New York Firms Increase Profits, Reducing Size

Christine Simmons : New York Law Journal : January 02, 2014

Many large New York law firms grew their revenue and profits last year, continuing to pull ahead of the national pack when it comes to financial indicators.

May 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

2014 Rising Stars

: New York Law Journal : January 01, 2014

The New York Law Journal congratulates the 42 young lawyers chosen as 2014 Rising Stars by a panel of 20 esteemed judges. Our panel reviewed more than 230 nominations of attorneys 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.

Amid Sterling Row, Skadden Waits in Wings

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

The firm is preparing for a potential court battle with Los Angeles Clippers owner and attorney Donald Sterling.

Kirkland Grabs Role on Big Bankruptcy From Bygone Era

Brian Baxter : The Am Law Daily : January 30, 2014

Energy Future Holdings Corp., the Texas energy giant once known as TXU, filed for bankruptcy Tuesday in Delaware.

NYU Law Students Move to Quash Trustee Subpoena

Tania Karas : New York Law Journal : January 28, 2014

Two NYU law students who circulated a petition asking dean Trevor Morrison for a meeting to discuss alleged violations of federal labor laws by companies owned by one of the school's trustees have filed a motion to quash that trustee's subpoena of their personal emails.

Am Law 100 Analysis: The Super Rich Get Richer

Aric Press : The American Lawyer : January 28, 2014

It was a middling year for most big firms, but the top 20 pulled away from the pack.

Determining Knowledge of Claim Dischargeable in Bankruptcy

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review, Paul Weiss partners Martin Flumenbaum and Brad S. Karp analyze the court's recent consideration of the level of scrutiny to apply, on a motion to dismiss, to allegations of lack of knowledge of a claim otherwise discharged in bankruptcy—specifically, whether delivery service and United Airlines customer DHL had adequately shown that it was unaware of United's alleged price-fixing activities until after United's bankruptcy plan was confirmed.

Half-Dozen Firms Dig Into Big Canadian Mining Deal

Brian Baxter : The Am Law Daily : January 23, 2014

Amid talk about a pharma M&A boom, the global mining industry is on the verge of its own round of consolidation.

Airbnb Argues AG Subpoenas for Client Data Are 'Overbroad'

Joel Stashenko : New York Law Journal : January 23, 2014

Attorneys for the online lodging service argued Tuesday that Attorney General Eric Schneiderman has insufficient evidence to force Airbnb to turn over information about nearly 16,000 apartment owners who rented out units in New York through Airbnb since 2010.

The Careerist: Wachtell Lipton Is Family Friendly?

Vivia Chen : The Careerist : January 21, 2014

The ultimate high-intensity firm is also sensitive to personal needs?

Appeals Court Blocks Controversial Ban on Medtronic Heart Valves

Scott Graham : The Recorder : January 21, 2014

The stay is a win for Medtronic's appellate attorney, Edward Reines of Weil, Gotshal & Manges, who argued the injunction could cost patients' lives.

Lululemon Missteps Don't Amount to Fraud, Judge Rules

David Bario : The Litigation Daily : January 18, 2014

The company's see-through pants fiasco and similar blunders can't serve as the basis for a securities fraud class action against Lululemon, a judge in Manhattan confirmed on Friday. The ruling is a victory for defense teams at Weil and Paul Weiss.

Foley, Quarles Help Keep Bucks in Wisconsin

Brian Baxter : The Am Law Daily : January 17, 2014

The Milwaukee-based Am Law 200 firms and Paul Weiss advise on the record-setting sale of the NBA's Milwaukee Bucks.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

According to lawyers for Edwards LifeSciences at Paul Weiss, Medtronic is resorting to "hyperbolic claims" to counter an injunction against heart valves found to infringe Edwards' IP.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

After a Delaware judge blocked use of a Medtronic heart valve, the company decided to play hardball instead of cooperate, argue attorneys for Edwards LifeSciences.

Reverse Triangular Mergers and Non-Assignment Clauses in Leases

Peter E. Fisch and Mitchell L. Berg : New York Law Journal : January 16, 2014

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg, partners at Paul, Weiss, Rifkind, Wharton & Garrison, discuss a recent case from the Delaware Court of Chancery which suggests that reverse triangular mergers may not violate prohibitions on lease assignments—even prohibitions that specifically restrict assignments by operation of law—that do not include express restrictions on changes of control.

Alibaba Asks Firms to Pick Sides

Anna Zhang : The Asian Lawyer : January 14, 2014

The Chinese e-commerce giant, which is expected to have the world's largest IPO since Facebook Inc. later this year, has let it be known that it won't be hiring any firm for transactional work that also advises its major competitors. Though such demands are not uncommon outside of Asia, not least in the U.S. tech sector, lawyers say firms face a more complicated choice in the super-competitive but still-developing China market.

Akin, Milbank Help Broker Big Matzo Swap

Brian Baxter : The Am Law Daily : January 11, 2014

With Passover approaching, Akin Gump Strauss Hauer & Feld and Milbank, Tweed, Hadley & McCloy grabbed seats at the table as The Manischewitz Company—one of the few remaining matzo makers in the U.S.—saw its ownership transfer from one privately held entity to another.

Asia Deal Digest: April 10, 2014

Tom Brennan : The Asian Lawyer : January 10, 2014

* Shearman and Davis Polk on $3.2 billion merger of Indian generic drug makers* Linklaters and Gilbert + Tobin advising a South African retailer on its $2 billion bid for Australia's David Jones department stores* Chinese state food giant COFCO turns to Clifford Chance for Hong Kong grain trading acquisition

IN BRIEF: Iranian Front

: The National Law Journal : January 07, 2014

A federal judge in New York has approved more than $500 million in claims against a forfeited office building whose partial owners are accused of violating the Iranian trade embargo. Plus more from NLJ.com and other ALM publications.

Skadden, Simpson Top First-Quarter M&A Rankings

Tom Huddleston Jr. : The Am Law Daily : January 03, 2014

The two firms outpaced their Am Law rivals in terms of the total value of their corporate clients' global transactions in the year's first three months, according to rankings released this week by Bloomberg, Mergermarket and Thomson Reuters. Both firms bolstered their totals by grabbing roles on two of the quarter's biggest deals.

Citi Taps Shearman Amid Banamex Inquiry

Julie Triedman : The Am Law Daily : January 03, 2014

Shearman & Sterling is leading an internal investigation for longtime client Citigroup Inc. in connection with an alleged $400 million fraud at the bank's Mexican subsidiary, Banamex, The American Lawyer confirmed Thursday.

IPO With Paul Weiss Link Delayed Amid 'Flash Boys' Furor

: The Am Law Daily : January 03, 2014

With the storm kicked up by Michael Lewis' new book about high-frequency trading continuing to swirl, Virtu Financial—a high-speed trading outfit headed by former Paul, Weiss, Rifkind, Wharton & Garrison corporate partner Douglas Cifu—has pushed back its planned initial public offering. Paul Weiss is just one of several Am Law 100 firms with ties to the controversial industry.

Schneiderman Names New Bureau Chiefs in AG Office

Brendan Pierson : New York Law Journal : January 01, 2014

New York Attorney General Eric Schneiderman has appointed new chiefs for his office's public integrity, Internet and taxpayer protection bureaus, the office announced Monday.

Canadian Deals & Suits

Laura King : Corporate Counsel : January 01, 2014

Text Messages: Coming to a Litigation Near You

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 01, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison write: Recent, high-profile matters confirm the emerging role of text messages in litigation.

April 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

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

Guilty Pleas Detail Accounting Fraud at Dewey & LeBoeuf

Julie Triedman and Christine Simmons : New York Law Journal : January 31, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Big Deals

David Marcus : The American Lawyer : January 31, 2014

Comcast/Time Warner Cable; Actavis / Forest Labs; Facebook / WhatsApp; Santander Consumer USA IPO; Carlyle / J&J Diagnostics Unit

Judge Unseals Guilty Pleas of Six More Dewey Staffers

Julie Triedman and Christine Simmons : The Am Law Daily : January 28, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Gay-Friendly Policies Can Help Law Firms, Advocates Say

Tania Karas : New York Law Journal : January 24, 2014

A work environment that welcomes lesbian, gay, bisexual and transgender lawyers is not only fundamentally fair, it can boost the bottom line. That was the message of Out in Law, a daylong event at New York University School of Law this month.

Fair Use Found in Distribution of Investor Conference Call Recording

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'Swatch Group Management Services Ltd. v. Bloomberg L.P.,' in which the U.S. Court of Appeals for the Second Circuit examined the scope of copyright protection accorded a sound recording of a public company's conference call with investment analysts.

The Am Law 100, the Early Numbers: Elite New York Firms Pull Away

Julie Triedman : The Am Law Daily : January 20, 2014

A year after making only slight financial gains, a group of New York–based firms made up of some of The Am Law 100's most profitable members put even more distance between itself and the rest of the pack in 2013, according to The American Lawyer's reporting.

Lawyer Traces Ex-Dewey COO's Path to Possible Witness Role

Brian Baxter : The Am Law Daily : January 20, 2014

When four former Dewey & LeBoeuf insiders were charged with engineering a massive fraud that helped kill the storied firm, Dennis D'Alessandro was neither one of the defendants nor among the seven unnamed people who have already pled guilty in the matter. According to his lawyer, though, he may yet offer his take on Dewey's demise in court.

Business Judgment Rule Governs Move to Go Private, Justices Say

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

A going-private merger led by a controlling stockholder should be reviewed under the less-stringent business judgment rule, the Delaware Supreme Court has ruled. The high court's decision affirmed a Delaware Court of Chancery ruling that MacAndrews & Forbes Holdings' full acquisition of an affiliate was proper under the business judgment rule.

Court Approves Pact Between Group Home Residents, State

Joel Stashenko : New York Law Journal : January 19, 2014

A Federal judge has approved a settlement under which New York State has agreed to give more than 3,000 residents of group homes for the mentally ill the opportunity to move into their own apartments and live more independently in the community.

E-Discovery

: New York Law Journal : January 17, 2014

In this Special Report from the New York Law Journal: "Protecting Data Privacy in Litigation and Investigations," "Transparency in Predictive Coding: How Much Is Too Much?," "'Wurtz' May Influence U.S. Cross-Border E-Discovery Law," and "Managing the Five Stages of E-Discovery Grief."

Managing the Five Stages of E-Discovery Grief

H. Christopher Boehning and Ross M. Gotler : New York Law Journal : January 17, 2014

H. Christopher Boehning and Ross M. Gotler of Paul, Weiss, Rifkind, Wharton & Garrison consider the Five Stages of Grief in the context of e-discovery and offer strategies for how companies can manage each of these Five Stages of E-Discovery Grief.

Target Of Judge Judy Lawsuit Calls Suit Misunderstanding

JAY STAPLETON : The Connecticut Law Tribune : January 14, 2014

A Hartford lawyer who is being sued in federal court for allegedly using the likeness of daytime TV's "Judge Judy" in an ad for his law firm says the whole thing is a "misunderstanding."

David Sive, Pioneer in Environmental Law, Dies at 91

Joel Stashenko : New York Law Journal : January 13, 2014

An attorney who won landmark environmental rulings in both state and federal courts and built the pioneering environmental law firm Sive, Paget & Riesel, died Tuesday. He was 91.

Federal Circuit Tackles Appellate Review of Claim Construction

Lewis R. Clayton : New York Law Journal : January 12, 2014

In his Intellectual Property Litigation column, Paul, Weiss, Rifkind, Wharton & Garrison partner Lewis R. Clayton reviews recent notable decisions, including the Federal Circuit's en banc holding on one of the most contentious issues in patent law.

Who Will be Star Witnesses If Dewey Case Goes to Trial?

Julie Triedman : The Am Law Daily : January 11, 2014

Prosecutors will need more than damning emails to secure convictions of the four men accused of engineering a massive accounting fraud that helped hasten Dewey & LeBoeuf's collapse.

The Careerist: Her Novel Is a Hit—and She's Quitting

Vivia Chen : The Am Law Daily : January 10, 2014

First-time novelist Helen Wan hits the jackpot. (Includes link to video interview.)

No Boies v. Wells Rematch as Terra Firma Takes Citigroup Case to U.K.

Ross Todd : The Litigation Daily : January 10, 2014

After more than four years and who knows how much money spent duking it out in the U.S., Terra Firma Capital Partners and Citigroup have opted to let an English court deal with their dispute over the 2007 sale of music label EMI.

Atheists Seek Recognition in 9/11 Museum Display

Tania Karas : New York Law Journal : January 07, 2014

A group of atheists tried to convince a Second Circuit panel Thursday that if a museum commemorating the terrorist attacks displays a cross-shaped steel beam found in the wreckage of the World Trade Center, it should also be required to display a symbol recognizing atheists who were affected by 9/11.

Labaton Sucharow

Sherry Karabin : The National Law Journal : January 03, 2014

Think "securities fraud litigation," and Labaton Sucharow should pop to mind. During 2013, partners Christopher McDonald and Jonathan Plasse served as co-lead counsel with Bernstein Litowitz Berger & Grossmann in a class action against Schering-Plough Corp., recovering $473 million for investors.

NFL Tax Filings Show Big Fees for Three Firms

Brian Baxter : The Am Law Daily : January 03, 2014

The latest tax filings by the National Football League and its collective bargaining arm show that it paid out nearly $25 million to Akin Gump, Covington & Burling and Paul Weiss, the latter a newcomer to the NFL's stable of top outside legal advisers.

Litigator of the Week: Thomas Goldstein of Goldstein & Russell

Jan Wolfe : The Litigation Daily : January 27, 2014

The omnipresent Supreme Court advocate and SCOTUSblog cofounder scored a major victory for class action plaintiffs who are seeking billions from law firms and other advisers of Ponzi schemer R. Allen Stanford.

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

Canadian Big Deals

Laura King : The American Lawyer : January 27, 2014

Brookfield Property Partners/Brookfield Office Properties; Fortis/UNS Energy; Pacific Rubiales Energy/Petrominerales; Fairfax Financial/BlackBerry

'Brady'-Based Section 1983 Claims After Guilty Plea

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 26, 2014

In their Second Circuit Review, Paul Weiss members Martin Flumenbaum and Brad S. Karp discuss 'Poventud v. City of New York,' in which the court, sitting en banc, considered whether a plaintiff whose initial conviction was tainted by disclosure violations under 'Brady v. Maryland' could pursue a 42 U.S.C. §1983 claim despite having pleaded guilty to lesser offenses in a second trial.

Several Amicus Briefs Filed in Support of Chancery's Arbitration Program

Jeff Mordock : Delaware Business Court Insider : January 26, 2014

A large batch of amicus briefs—from 23 law firms as well as business groups—have been filed with the U.S. Supreme Court in support of the Delaware Court of Chancery's confidential arbitration program.

Chadbourne, Proskauer Lose Supreme Court Bid to Block Stanford Class Actions

Julie Triedman : The Litigation Daily : January 26, 2014

In a highly anticipated decision interpreting the reach of the Securities Litigation Uniform Standards Act, the court green-lighted investor claims against Chadbourne & Parke, Proskauer Rose and other advisers of convicted Ponzi schemer R. Allen Stanford.

The Am Law 100, the Early Numbers: At Paul Weiss, Making Headlines And Profits

David Bario : The Am Law Daily : January 24, 2014

Paul, Weiss, Rifkind, Wharton & Garrison saw its profits per partner increase more than 8 percent last year, to $3.62 million, and its gross revenue rise nearly 7 percent, to $934.5 million, according to The American Lawyer's reporting.

Law Firms Back Narrow Right of Court Access in Delaware Appeal

Ross Todd : The Litigation Daily : January 24, 2014

Two dozen major law firms came together on Monday to send an unlikely message to the U.S. Supreme Court: It's time to clamp down on open access to government.

New Deals

Tom Huddleston Jr. : The Am Law Daily : January 20, 2014

One month after Time Warner Cable rejected a takeover bid as "grossly inadequate," the nation's second-largest cable company has attracted a better offer. Also, generic drug maker Actavis has said it will buy Forest Laboratories.

Litigator of the Week: Theodore Wells Jr. of Paul Weiss

Ross Todd : The Litigation Daily : January 20, 2014

Ted Wells has long been a towering figure among trial lawyers. After his report on the bullying scandal that rocked the NFL's Miami Dolphins, he's on his way to becoming a household name for sports fans as well.

Penalty Can Exceed Insider's Own Profits, Circuit Says

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

An insider trader can be required to disgorge the profits he channeled to others above and beyond the profits he earned for himself, the U.S. Court of Appeals for the Second Circuit ruled Tuesday.

Entertainment Company Needs Cause to Avoid Paying Interest in Disputed Acquisition

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

The entertainment company that holds the rights to "American Idol" and other television programs involved in litigation over a possible acquisition cannot order the challenging shareholder to accept the undisputed portion of its potential purchase price, the Delaware Court of Chancery has ruled. The court held the company did not meet the "good cause" standard necessary to order the stock owner to agree to a partial sales price, thereby stopping the entertainment company's accrual of interest.

Second Circuit Sides With Citi in $4 Billion Abu Dhabi Case

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Quinn Emanuel Urquhart & Sullivan struck out Wednesday in their latest attempt to revive a $4 billion arbitration claim against Citigroup on behalf of Abu Dhabi's sovereign wealth fund.

Paul Weiss Strikes Out for Contorinis, Scores for Citi at Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

The firm couldn't reverse a ruling that a client convicted of insider trading must disgorge $7 million. But it did finish off a fraud case brought against longtime client Citigroup Inc. by a group of Norwegian investors represented by Kasowitz Benson Torres & Friedman.

The Score: Paul Weiss Drops Wells Report, Helps Client Buy Easton

Brian Baxter : The Am Law Daily : January 14, 2014

Roughly a year after reaping $3.6 million to conduct an internal investigation of the NBA players' union, Paul, Weiss, Rifkind, Wharton & Garrison litigation partner Ted Wells released Friday the results of his inquiry into the Miami Dolphins bullying imbroglio. Wells' firm also took the lead this week counseling a client on its $330 million acquisition of struggling Easton-Bell Sports' baseball and softball business. Meanwhile, Davis Polk and Covington, respectively, helped Comcast and the NFL ink a pair of major TV rights deals.

Dealmaker of the Week: Paul Weiss' Robert Schumer

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

Schumer is leading the Paul Weiss team advising Time Warner Cable on its sale to Comcast in a $45.2 billion all-stock deal that is worth roughly $67 billion when assumed debt is added in.

Keryx Biopharmaceuticals Fends Off Investor Suit

Jan Wolfe : The Litigation Daily : January 14, 2014

Keryx Biopharmaceuticals Inc. and its lawyers at Alston & Bird have defeated claims that the company misled investors about the results of a clinical trial for its cancer drug Perifosine.

Am Law Firms Feast on Comcast's Big Time Warner Buy

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

Davis Polk and Willkie are advising Comcast, which announced Thursday that it has reached an agreement to buy Time Warner Cable in an all-stock transaction valued at roughly $67 billion, including some $21.8 billion in assumed debt. Paul Weiss and Skadden are representing Time Warner in the matter, and Simpson Thacher has also landed a role.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Am Law Daily : January 13, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Litigation Daily : January 12, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

Latham Lands Roles on Two Deals Totaling $3.2 Billion

Brian Baxter : The Am Law Daily : January 11, 2014

Latham & Watkins is advising longtime private equity client The Carlyle Group on its $1.9 billion sale of Veyance Technologies to German tire and auto parts maker Continental AG, and Cadence Pharmaceuticals on its $1.3 billion sale to Ireland's Mallinckrodt. A half-dozen other Am Law 100 and foreign firms are also working on the transactions.

Five Am Law 100 Firms Handle Three Big PE Deals

Brian Baxter : The Am Law Daily : January 07, 2014

Private equity giants KKR and The Carlyle Group kept a handful of Am Law 100 firms busy this week with acquisitions totaling nearly $5 billion, and veteran Simpson Thacher & Bartlett partner Mari Lerner took the lead on two of the deals. Changing hands in the transactions were an industrial packaging unit owned by Illinois Tool Works, medical device maker Lake Region Medical and optical retailer National Vision.

DHS Head Calls for Immigration and Cybersecurity Reform

Jenna Greene : Legal Times : January 07, 2014

In his first major address as Secretary of Homeland Security, Jeh Johnson today called for "commonsense solutions" to the nation's immigration system and asked Congress to provide legal clarity on the department's role in safeguarding private-sector cyber networks.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

UJA-Federation Recognizes Lawyers

Rick Kopstein, Photographer : New York Law Journal : January 05, 2014

The UJA-Federation of New York honored Wachtell, Lipton, Rosen & Katz partner Theodore N. Mirvis and Kirkland & Ellis LLP partner Edward O. Sassower at the organization's Lawyers Division annual event on Jan. 30.

DOI Nominee Says History Shows His Independence

Christine Simmons : New York Law Journal : January 04, 2014

Ask attorney Mark Peters if he would hesitate to break ranks with close friend and political ally Mayor Bill de Blasio as the city's top watchdog, and he will mention David Paterson.

'Seed Set' Documents Should Not Be Discoverable

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 04, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison survey recent decisions concerning the use of predictive coding and explore the conflict over the extent to which the core processes of predictive coding are discoverable, including information about the "seed set" used to derive the relevant computer algorithm.

New York Sees Growth in Partner Promotions

Christine Simmons : New York Law Journal : January 03, 2014

A survey of New York's largest firms shows a slight uptick in the number of lawyers promoted to partner last year. The number of new partners firmwide at remained almost even from the number in 2012.

Litigators of the Week: Robert Wick of Covington & Burling and Kenneth Gallo of Paul Weiss

Jan Wolfe : The Litigation Daily : January 30, 2014

Even in the megalitigation over price-fixing in the LCD industry, Motorola's $3.5 billion case against Samsung and other LCD manufacturers was a biggie. Not so much anymore.

Fee Tracker: Super Bowl, Patent Battles and More

Brian Baxter : The Am Law Daily : January 30, 2014

In our latest installment of the Fee Tracker, The Am Law Daily looks at the legal fees paid by several leading nonprofit organizations in the news, such as the NY/NJ Super Bowl XLVIII Bidding Committee, the Alfred E. Mann Foundation for Scientific Research and the UJA-Federation of New York, which recently hired a top Paul, Weiss, Rifkind, Wharton & Garrison litigation partner as its new leader.

Overt Acts, Conspiracy and the Statute of Limitations

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 29, 2014

In their Second Circuit Review, Paul Weiss' Martin Flumenbaum and Brad S. Karp discuss 'United States v. Grimm,' in which the court considered whether routine payments by unindicted co-conspirators pursuant to guaranteed investment contracts constituted overt acts in furtherance of a conspiracy for purposes of the statutes of limitations.

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. .

'Fair Use' Spares Bloomberg in Swatch Copyright Dispute

Joel Stashenko : New York Law Journal : January 28, 2014

Bloomberg violated no copyright laws when it posted an unauthorized recording of a conference call about the Swatch watch company's earnings report on a data service for financial investors, the Second Circuit held Monday.

Paul Weiss Partner Leaving to Head Jewish Charity

Christine Simmons : New York Law Journal : January 27, 2014

Eric Goldstein, a securities litigator who has been at Paul Weiss for more than 30 years, will resign from the partnership to become CEO of UJA-Federation of New York.

Litigation Department of the Year: Honorable Mentions

By David Bario, Michael D. Goldhaber, Robin Sparkman, Julie Triedman and Jan Wolfe : The American Lawyer : January 27, 2014

Ten firms win Honorable Mention recognition in The American Lawyer's 2014 Litigation Department of the Year competition.

That's A Lot of Tokens! $1.3 Billion Pending Purchase of Chuck E. Cheese's Parent Company CEC

Brenda Sapino Jeffreys : Texas Lawyer : January 27, 2014

A team from Weil, Gotshal & Manges led by Dallas corporate partner D. Gilbert Friedlander represents Irving-based CEC Entertainment in its pending purchase by an affiliate of Apollo Global Management for about $1.3 billion.

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Paul Weiss Rifkind Wharton & Garrison LLP

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

Paul Weiss Rifkind Wharton & Garrison LLP

  • Designation: N/A
  • Head Count: N/A
  • Gross Revenues: N/A
  • Revenue Per Lawyer: N/A
  • Profits Per Partner: N/A
  • Year Over Year Change: 0

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 NR N/A Gross revenue
Am Law 200 NR N/A Gross revenue
NLJ 250 NR N/A Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard NR N/A Pro-bono commitment
Diversity Scorecard NR N/A Minority head count
Midlevel Associates Survey NR N/A Job satisfaction
Summer Associates Survey NR N/A Summer programs

In the News

Split Panel Upholds Parole Denial for Exemplary Inmate

John Caher : New York Law Journal : January 25, 2014

A State prison inmate with an extraordinary record of institutional achievement and a network of supporters ranging from top corrections officials to the prosecutor who put him away in the early 1980s will remain behind bars after a deeply divided upstate appellate panel embraced a hands-off approach to parole reviews.

INADMISSIBLE: 17 Years Later, Ronnie White Is Confirmed

: The National Law Journal : January 21, 2014

What a difference 17 years and a Senate rules change can make. On July 16, the U.S. Senate confirmed former Missouri Supreme Court Chief Justice Ronnie White to a seat on the federal bench in the Eastern District of Missouri. Plus more in this week's column.

Wachtell Raids Simpson Thacher for Executive Compensation Expert

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

A month after Wachtell, Lipton, Rosen & Katz executive compensation partner Jeremy Goldstein left the venerable Am Law 100 firm to start his own practice, the country's most profitable shop on a profits-per-partner basis looked outside its ranks to find a replacement in Simpson Thacher & Bartlett partner Andrea Wahlquist. She becomes only the fourth lateral partner hire in Wachtell's storied history.

Swipe Fee Case Moves Ahead Against Card Companies

Susan Beck : The Litigation Daily : January 20, 2014

A group of major merchants that opted out of a $5.7 billion antitrust settlement with Visa and MasterCard have cleared a hurdle in their case against the card companies over swipe fees.

Citigroup Settles With Government for $7 Billion

Brendan Pierson : New York Law Journal : January 15, 2014

New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank's activity in the subprime mortgage market, which was announced Monday.

Holder Touts Consumer Relief Provision in $7B Citigroup Deal

Todd Ruger : Legal Times : January 14, 2014

The U.S. Department of Justice on Monday continued to squeeze the country's biggest banks for their roles in the financial crisis, securing a $7 billion global settlement with Citigroup over misrepresentations about residential mortgage-backed securities.

What's Missing in Citigroup's $7 Billion RMBS Deal?

Susan Beck : The Litigation Daily : January 14, 2014

The DOJ cited "the strength of the evidence" warranting Citigroup's $7 billion payment over sales of residential mortgage-backed securities. But there's little evidence to be found in the statement of facts accompanying Monday's deal.

Loss of Key Witness Dooms Pfizer Investor Class Action

Jan Wolfe : The Litigation Daily : January 09, 2014

In a victory for Beth Wilkinson of Paul Weiss and her cocounsel at Simpson Thacher and DLA Piper, a federal judge in Manhattan refused to give plaintiffs a new chance to explain how Pfizer caused their losses.

Considerations in Complying With the Investment Advisers Act

Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz : New York Law Journal : January 09, 2014

In their Transactional Real Estate column, Mitchell L. Berg, Andrew Wurzburger and Philip A. Heimowitz of Paul, Weiss, Rifkind, Wharton & Garrison write: A sponsor that intends to raise capital from third-party investors for investment in real estate or real estate-related assets should consider whether the general partner, managing member or outside adviser to the vehicle that will be formed to undertake the investment will be required to register as an investment adviser under, and comply with the other requirements of, the Investment Advisers Act.

Rights of Patent Holders, Dolly the Sheep, Redskins, Aereo

Lewis R. Clayton : New York Law Journal : January 09, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent U.S. Supreme Court opinions, three of which were unanimous decisions that limit the rights or remedies of patent holders; the most-talked-about action the Trademark Trial and Appeal Board has likely ever taken; and more.

Q&A: Paul D. Sarkozi

Suevon Lee : Commercial Litigation Insider : January 07, 2014

On June 1, Paul Sarkozi took office as chair of the Commercial and Federal Litigation Section of the New York State Bar Association. CLI spoke with Sarkozi about the section's plans for the upcoming year and the significance of the rule changes in the Commercial Division.

Davis Polk's Big Bet in Hong Kong

Anthony Lin : The Asian Lawyer : January 07, 2014

The Wall Street firm has assembled a dream team, with an eye on China's rising corporate elite. Is the market ready?

New Deals

Vinayak Balasubramanian : The Am Law Daily : January 03, 2014

Alcoa Inc. has said it will acquire jet engine component producer Firth Rixson in a $2.85 billion deal expected to enhance the company's aerospace production.

Canadian Deals

: Corporate Counsel : January 01, 2014

Criminal Division Head Leaving U.S. Prosecutor

Mark Hamblett : New York Law Journal : January 27, 2014

After heading the Criminal Division for Southern District U.S. Attorney Preet Bharara for more than two years, Lorin Reisner is leaving the office.

Wachtell Partner Departs to Start Exec Comp Boutique

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

Jeremy Goldstein has bid adieu to the Black Rock, the New York headquarters of Wachtell, Lipton, Rosen & Katz, where he was a partner for the past six years. In launching his own boutique, the 40-year-old Goldstein leaves behind a firm that had the highest profits per partner in the country last year.

The Churn: Paul Weiss, Squire Patton Make New Hires, Plus More Lateral Moves

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

A big week for lateral moves saw Paul Weiss pluck a prominent prosecutor, the newly minted Squire Patton Boggs make another key addition and a rare departure from Wachtell Lipton. The Am Law Daily has the lowdown on the latest comings-and-goings from throughout The Am Law 200.

Justices Pull Plug on Aereo Online Streaming Service

Zoe Tillman and Marcia Coyle : New York Law Journal : January 26, 2014

Online streaming startup Aereo Inc. violated the copyrights of major television broadcast networks by retransmitting programs to users' Internet devices for a fee, the U.S. Supreme Court ruled Wednesday.

Firth Rixson's Sale to Alcoa Draws Three Am Law Firms

Vinayak Balasubramanian : The Am Law Daily : January 26, 2014

Alcoa said it would buy the jet engine component producer for $2.85 billion. Wachtell, Lipton, Rosen & Katz and Crowell & Moring advised Alcoa, while Paul, Weiss, Rifkind, Wharton & Garrison counseled Firth Rixson.

Paul Weiss Partners Take Part In Del. Law Development Seminar

: Delaware Law Weekly : January 25, 2014

Paul, Weiss, Rifkind, Wharton & Garrison partner Stephen Lamb moderated, and corporate partner Ross Fieldston spoke, on a panel at the Practising Law Institute's seminar on "Delaware Law Developments 2014: What All Business Lawyers Need to Know."

Second Circuit Limits Judicial Review of Regulatory Consent Judgments

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 25, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'SEC v. Citigroup', in which a Second Circuit panel reversed a district court rejection of the proposed consent judgment between the SEC and Citigroup. The authors write: The Second Circuit's decision brings much-needed clarity to the law, and confirms that regulatory consent judgments in which the defendant neither admits nor denies the allegations are an appropriate tool of enforcement agencies.

Personal Notes on Lawyers

: New York Law Journal : January 20, 2014

Day Pitney, White & Case, Paul Weiss and Pearl Cohen Zedek Latzer Baratz have each added a partner, while the Fund for Modern Courts has added new members to its board of directors.

Loose Sallies—Essays

Michael Miller : New York Law Journal : January 19, 2014

PwC, Citco Escape Madoff Feeder Fund Class Action

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Kirkland and Paul Weiss tentatively freed their clients from a class action targeting them over services they provided to Fairfield Greenwich Group, a manager of so-called feeder funds that funneled billions of dollars into Bernie Madoff's Ponzi scheme.

Wachtell, Willkie Get Call For Telecom, Transport Tie-Ups

Brian Baxter : The Am Law Daily : January 16, 2014

The Am Law 100 firms are handling the latest round of consolidation in the telecommunications sector, as Level 3 Communications seeks to buy TW Telecom for $5.68 billion, along with another transportation tie-up that will create the largest U.S.-listed dry bulk carrier.

Net Losses Outweigh Gains at Firms

Christine Simmons : New York Law Journal : January 16, 2014

The number of attorneys employed full time by the largest private law offices in New York continues to decline, a trend that began with the 2008 financial crisis, according to data gathered for the New York Law Journal's annual survey. Hiring is up, however, among regional and out-of-state firms.

Asia Deal Digest: June 12, 2014

Tom Brennan : The Asian Lawyer : January 12, 2014

* Private equity giant CVC turns to Simpson Thacher on formation of new $3.5 billion Asia fund* Simpson and Skadden on Alibaba browser buyout deal* Baker & McKenzie advises Australia's Origin Energy on $800 million gas exploration permit buy

BASF: Making a Smorgasbord Of Public Interest Work

: New Jersey Law Journal : January 12, 2014

BASF lawyers are encouraged, from the top down, to devote time to pro bono, and the law department's innovative programs help facilitate effective application of resources where they're needed.

NLJ 350: 9 Facts You Should Know About This Year's List

: The National Law Journal : January 10, 2014

Beyond the headcounts and the mergers, here are some additional bits of information from our annual survey.

Legal Aid Society Awards

: New York Law Journal : January 06, 2014

The Legal Aid Society held its 37th annual awards dinner on Wednesday at the Waldorf-Astoria Hotel. About 900 people attended the fundraising event, which the group says was the most successful in its history.

Circuit Vacates Rakoff Denial of Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

The Second Circuit panel said Judge Rakoff applied the wrong standard when he blocked the consent decree, which he criticized as the latest in a series of cases in which the SEC alleged serious securities fraud for which the defendant admitted no wrongdoing.

Panel Upsets Rakoff Ruling in Citigroup/SEC Settlement

Mark Hamblett : New York Law Journal : January 05, 2014

Manhattan U.S. District Judge Jed Rakoff abused his discretion when he blocked a consent decree between the Securities and Exchange Commission and Citigroup in 2011, according to the Second Circuit.

New Rule 37(e) Overrules Second Circuit on Sanctions for Loss of ESI

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 03, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal, litigation partners at Paul, Weiss, Rifkind, Wharton & Garrison, write: A new e-discovery rule leaves judges with a great deal of discretion in terms of imposing curative measures and requiring exceptional efforts to retrieve less accessible information. Therefore, much remains to be seen in terms of how this new Rule plays out.

The Churn: Akin Gump, Buchanan Ingersoll Expand, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 03, 2014

Akin Gump adds more Patton Boggs refugees, Buchanan Ingersoll becomes the latest firm to head for the Rockies and more lateral hires from across the Am Law 200.

The Diversity Crisis: Pioneering Partners Say Hurdles Remain

Michael D. Goldhaber : The American Lawyer : January 03, 2014

What black trailblazers of Big Law say about its future.

Posner Savages 'Scandalous' Settlement in Pella Case

Lisa Hoffman : The National Law Journal : January 03, 2014

A class action settlement before the U.S. Court of Appeals for the Seventh Circuit appeals panel was a “scandalous” assemblage of conflicts of interest, cozy relationships, dubious calculations, ethical wrongdoing and judicial inattention, that, in the end, amounted to a decidedly raw deal for the consumers suing Pella Corp. over alleged window defects.

Judge Approves Plan for Antismoking Ad Campaign

Zoe Tillman : Legal Times : January 02, 2014

Eight years after a federal judge in Washington ordered tobacco companies to pay for an antismoking ad campaign, the judge on Monday approved a plan for executing that order.

Perjured Statements as a Basis for Sentencing Enhancement

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 30, 2014

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp discuss 'United States v. Peña,' in which the court found that the defendant's sworn statements, discredited by the district court, did not demonstrate a willful obstruction of justice. The decision delineates the line between a sentencing enhancement that advances valid sentencing goals and one that violates a defendant's constitutional and statutory rights to testify.

The Diversity Crisis: Big Firms' Continuing Failure

Julie Triedman : The American Lawyer : January 29, 2014

Large firms have long lagged in matters of diversity, and their record on hiring and promoting African-Americans is especially bleak. Why have firms fallen so short, and what can be done about it?

Big Canadian Deals

Brian Baxter, Marlisse Silver Sweeney, Tom Huddleston Jr. : The American Lawyer : January 29, 2014

Yamana–Agnico-Eagle / Osisko; CPPIB / Wilton Re; Encana / TPG Capital

N.Y. Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Delaware Business Court Insider : January 28, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a presuit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held last week.

Korea Backs LCD Makers in Test of U.S. Antitrust Laws

Jan Wofe : The Litigation Daily : January 27, 2014

The governments of South Korea and the United States are clashing over whether an appeals court should resurrect Motorola Mobility's price-fixing case against the world's liquid crystal display manufacturers.

Bernstein Litowitz Berger & Grossmann

Sherry Karabin : The National Law Journal : January 26, 2014

Panel Upholds Citigroup Directors' Rejection of Claim

Brendan Pierson : New York Law Journal : January 23, 2014

A unanimous First Department panel upheld the dismissal of a shareholder derivative lawsuit against more than 20 current and former Citigroup, Inc. executives and directors, including former CEO Charles Prince.

Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

Suevon Lee : Commercial Litigation Insider : January 23, 2014

New York courts should follow Delaware's no-discovery rule once a shareholder plaintiff has made a pre-suit demand upon a corporate board that is refused, a unanimous panel on the Appellate Division, First Department held Thursday.

Judge Tosses Expert Testimony Against Pfizer

Jan Wolfe : The Litigation Daily : January 23, 2014

The ruling could upend a huge securities fraud case against Pfizer over its marketing of the painkillers Celebrex and Bextra. Pfizer is represented by Paul Weiss, Simpson Thacher and DLA Piper.

State, Airbnb Reach Accord on Subpoena for Rental Data

Joel Stashenko : New York Law Journal : January 22, 2014

The agreement calls for Airbnb to "anonymize" renters' data to hide personal identifying information, but the company agreed to turn over detailed information about the "hosts" if the screening of the data suggests possible violations of law.

Judge Dismisses Investor Suit Against Citigroup

Jan Wolfe : The Litigation Daily : January 22, 2014

A Citigroup Inc. shareholder has hit a dead end in a lawsuit alleging that the bank didn't properly investigate its bets on collateralized debt obligations, marking a win for attorneys at Cravath, Paul Weiss and Wachtell.

Glasscock Refuses to Adjust Purchase Price for 'American Idol' Owner

Jeff Mordock : Delaware Business Court Insider : January 21, 2014

A Delaware Court of Chancery vice chancellor declined to modify his November decision declaring the $509 million price offered for "American Idol" owner CKx Inc. was fair market value. The opinion, authored by Vice Chancellor Sam Glasscock III, made headlines last year when the judge broke from the Chancery Court's tradition of using discounted cash flow to determine a company's value.

Medtronic Inks $1 Billion Deal to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially life-saving technology.

Medtronic to Pay More Than $1 Billion to End Heart Valve Litigation

Scott Graham : The Recorder : January 20, 2014

The deal with Edwards Lifesciences nullifies two large jury awards and the threat of an injunction against potentially lifesaving technology.

Ruling in Carpenters Pension Case May Yield Relief

Hilary Johnson : The American Lawyer : January 19, 2014

A recent appeals court decision may give companies some comfort about general statements of internal controls.

Weil, Paul Weiss Help Nail Down CCMP's Hillman Buy

MP McQueen : The Am Law Daily : January 19, 2014

Private equity firm CCMP is acquiring a controlling stake in The Hillman Companies from Oak Hill Capital Partners.

After Sentencing, SAC's Steinberg Looks to Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

Three-and-a-half years in federal prison isn't exactly a slap on the wrist. Still, with prosecutors gunning to put convicted insider trader Michael Steinberg behind bars for nearly twice that long, Steinberg's sentencing on Friday could have gone much worse.

AG to File Revised Subpoena for Airbnb Renter Records

Joel Stashenko : New York Law Journal : January 15, 2014

Attorney General Eric Schneiderman's office said it will rewrite a subpoena to the lodging website Airbnb after a judge ruled that the original subpoena issued to the home rental website was overbroad.

Standard for Attorney Fees in Patent Litigation

Lewis R. Clayton : New York Law Journal : January 14, 2014

In his Intellectual Property Litigation column, Lewis R. Clayton reviews recent decisions of interest, including the U.S. Supreme Court's holdings that should be music to the ears of those who complain about abusive patent litigation, the latest chapter in the smartphone wars, and the denial of copyright protection to a singing telegram performer in a banana costume.

Senior Housing Facility Management Agreements

Peter Fisch and Salvatore Gogliormella : New York Law Journal : January 14, 2014

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella outline some of the key features that are negotiated as part of senior housing management agreements—fee structures, operational and physical standards, performance tests and territorial restrictions—and the manner in which they are sometimes addressed.

Judge Quashes AG's Subpoena Against Airbnb

Joel Stashenko : New York Law Journal : January 14, 2014

A judge on Tuesday quashed as overbroad a subpoena in an investigation of the Airbnb lodging website for possible tax evasion and other violations in arranging short-term home rentals.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 12, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Weil's Awkward Transition

Vivia Chen : The American Lawyer : January 12, 2014

When Weil, Gotshal & Manges embarked on a strategic overhaul, some partners headed for the exits.

Court Mulls $53M Settlement of Class Suit by Former TWA Pilots

Charles Toutant : New Jersey Law Journal : January 12, 2014

Pilots for defunct Trans World Airlines ask a federal judge to approve a $53 million settlement of 12-year-old litigation with their union over seniority rights lost when bankrupt TWA was taken over by American Airlines in 2001.

Disclaimers Do Not Shield CDO Sellers From Liability, Panel Says

Brendan Pierson : New York Law Journal : January 09, 2014

Justice Dianne Renwick, writing for the First Department panel, acknowledged that disclaimers such as the ones in the CDO deals at issue often bar fraud claims. "But there is a limit to the efficacy of those disclaimers, as this case aptly demonstrates," she said.

Law Schools Enlist Marquee Names for Graduation Speeches

Karen Sloan : The National Law Journal : January 09, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys, while others are going with the usual suspects: alumni lawyers, judges and elected officials.

Law School Graduations Start Today in New York

: New York Law Journal : January 09, 2014

Syracuse University College of Law's commencement ceremony Thursday kicks off a month graduations at New York's 15 law schools that will continue through June 1.

Wilmer Preserves GE Victory in Mitsubishi Wind Power Battle

Jan Wolfe : The Litigation Daily : January 08, 2014

General Electric has won its unusual legal battle with an ex-employee who aligned himself with Mitsubishi in a bitter patent fight over wind turbine technology.

Blue-Ribbon Panel Proposes Reforms of Capital Punishment

Marcia Coyle : The National Law Journal : January 07, 2014

With Oklahoma's botched execution still a fresh memory, a bipartisan panel of criminal justice experts is recommending 39 steps to improve administration of the death penalty, including use of a deadly dose of a single anesthetic or barbiturate instead of the drug cocktail used in states that rely on lethal injection.

Scalia, Stevens Among All-Star Commencement Cast

Karen Sloan : The National Law Journal : January 05, 2014

Graduation season is upon us, and some law schools have snagged prominent legal figures to address the new crop of attorneys.

More Parties Getting into the (Lanham) Act

Lewis R. Clayton : The National Law Journal : January 05, 2014

Broader standing to bring false-advertising claims complicates the question of proximate cause.

A Scramble for Antismoking Ads

Zoe Tillman : The National Law Journal : January 05, 2014

Some cable networks protest being left off list,say they would reach high-impact audiences.

NYU Law Trustee Resigning After Student Subpoena Rift

Tania Karas : New York Law Journal : January 02, 2014

Daniel Straus, the New York University School of Law trustee whose company, CareOne Management, came under fire for subpoenaing emails of two students who criticized CareOne's labor practices, will step down from the school's board as of May 22.

New York Firms Increase Profits, Reducing Size

Christine Simmons : New York Law Journal : January 02, 2014

Many large New York law firms grew their revenue and profits last year, continuing to pull ahead of the national pack when it comes to financial indicators.

May 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

2014 Rising Stars

: New York Law Journal : January 01, 2014

The New York Law Journal congratulates the 42 young lawyers chosen as 2014 Rising Stars by a panel of 20 esteemed judges. Our panel reviewed more than 230 nominations of attorneys 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.

Amid Sterling Row, Skadden Waits in Wings

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

The firm is preparing for a potential court battle with Los Angeles Clippers owner and attorney Donald Sterling.

Kirkland Grabs Role on Big Bankruptcy From Bygone Era

Brian Baxter : The Am Law Daily : January 30, 2014

Energy Future Holdings Corp., the Texas energy giant once known as TXU, filed for bankruptcy Tuesday in Delaware.

NYU Law Students Move to Quash Trustee Subpoena

Tania Karas : New York Law Journal : January 28, 2014

Two NYU law students who circulated a petition asking dean Trevor Morrison for a meeting to discuss alleged violations of federal labor laws by companies owned by one of the school's trustees have filed a motion to quash that trustee's subpoena of their personal emails.

Am Law 100 Analysis: The Super Rich Get Richer

Aric Press : The American Lawyer : January 28, 2014

It was a middling year for most big firms, but the top 20 pulled away from the pack.

Determining Knowledge of Claim Dischargeable in Bankruptcy

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review, Paul Weiss partners Martin Flumenbaum and Brad S. Karp analyze the court's recent consideration of the level of scrutiny to apply, on a motion to dismiss, to allegations of lack of knowledge of a claim otherwise discharged in bankruptcy—specifically, whether delivery service and United Airlines customer DHL had adequately shown that it was unaware of United's alleged price-fixing activities until after United's bankruptcy plan was confirmed.

Half-Dozen Firms Dig Into Big Canadian Mining Deal

Brian Baxter : The Am Law Daily : January 23, 2014

Amid talk about a pharma M&A boom, the global mining industry is on the verge of its own round of consolidation.

Airbnb Argues AG Subpoenas for Client Data Are 'Overbroad'

Joel Stashenko : New York Law Journal : January 23, 2014

Attorneys for the online lodging service argued Tuesday that Attorney General Eric Schneiderman has insufficient evidence to force Airbnb to turn over information about nearly 16,000 apartment owners who rented out units in New York through Airbnb since 2010.

The Careerist: Wachtell Lipton Is Family Friendly?

Vivia Chen : The Careerist : January 21, 2014

The ultimate high-intensity firm is also sensitive to personal needs?

Appeals Court Blocks Controversial Ban on Medtronic Heart Valves

Scott Graham : The Recorder : January 21, 2014

The stay is a win for Medtronic's appellate attorney, Edward Reines of Weil, Gotshal & Manges, who argued the injunction could cost patients' lives.

Lululemon Missteps Don't Amount to Fraud, Judge Rules

David Bario : The Litigation Daily : January 18, 2014

The company's see-through pants fiasco and similar blunders can't serve as the basis for a securities fraud class action against Lululemon, a judge in Manhattan confirmed on Friday. The ruling is a victory for defense teams at Weil and Paul Weiss.

Foley, Quarles Help Keep Bucks in Wisconsin

Brian Baxter : The Am Law Daily : January 17, 2014

The Milwaukee-based Am Law 200 firms and Paul Weiss advise on the record-setting sale of the NBA's Milwaukee Bucks.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

According to lawyers for Edwards LifeSciences at Paul Weiss, Medtronic is resorting to "hyperbolic claims" to counter an injunction against heart valves found to infringe Edwards' IP.

Medtronic Accused of 'Scare Tactics' in Heart Valve Case

Scott Graham : The Recorder : January 17, 2014

After a Delaware judge blocked use of a Medtronic heart valve, the company decided to play hardball instead of cooperate, argue attorneys for Edwards LifeSciences.

Reverse Triangular Mergers and Non-Assignment Clauses in Leases

Peter E. Fisch and Mitchell L. Berg : New York Law Journal : January 16, 2014

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg, partners at Paul, Weiss, Rifkind, Wharton & Garrison, discuss a recent case from the Delaware Court of Chancery which suggests that reverse triangular mergers may not violate prohibitions on lease assignments—even prohibitions that specifically restrict assignments by operation of law—that do not include express restrictions on changes of control.

Alibaba Asks Firms to Pick Sides

Anna Zhang : The Asian Lawyer : January 14, 2014

The Chinese e-commerce giant, which is expected to have the world's largest IPO since Facebook Inc. later this year, has let it be known that it won't be hiring any firm for transactional work that also advises its major competitors. Though such demands are not uncommon outside of Asia, not least in the U.S. tech sector, lawyers say firms face a more complicated choice in the super-competitive but still-developing China market.

Akin, Milbank Help Broker Big Matzo Swap

Brian Baxter : The Am Law Daily : January 11, 2014

With Passover approaching, Akin Gump Strauss Hauer & Feld and Milbank, Tweed, Hadley & McCloy grabbed seats at the table as The Manischewitz Company—one of the few remaining matzo makers in the U.S.—saw its ownership transfer from one privately held entity to another.

Asia Deal Digest: April 10, 2014

Tom Brennan : The Asian Lawyer : January 10, 2014

* Shearman and Davis Polk on $3.2 billion merger of Indian generic drug makers* Linklaters and Gilbert + Tobin advising a South African retailer on its $2 billion bid for Australia's David Jones department stores* Chinese state food giant COFCO turns to Clifford Chance for Hong Kong grain trading acquisition

IN BRIEF: Iranian Front

: The National Law Journal : January 07, 2014

A federal judge in New York has approved more than $500 million in claims against a forfeited office building whose partial owners are accused of violating the Iranian trade embargo. Plus more from NLJ.com and other ALM publications.

Skadden, Simpson Top First-Quarter M&A Rankings

Tom Huddleston Jr. : The Am Law Daily : January 03, 2014

The two firms outpaced their Am Law rivals in terms of the total value of their corporate clients' global transactions in the year's first three months, according to rankings released this week by Bloomberg, Mergermarket and Thomson Reuters. Both firms bolstered their totals by grabbing roles on two of the quarter's biggest deals.

Citi Taps Shearman Amid Banamex Inquiry

Julie Triedman : The Am Law Daily : January 03, 2014

Shearman & Sterling is leading an internal investigation for longtime client Citigroup Inc. in connection with an alleged $400 million fraud at the bank's Mexican subsidiary, Banamex, The American Lawyer confirmed Thursday.

IPO With Paul Weiss Link Delayed Amid 'Flash Boys' Furor

: The Am Law Daily : January 03, 2014

With the storm kicked up by Michael Lewis' new book about high-frequency trading continuing to swirl, Virtu Financial—a high-speed trading outfit headed by former Paul, Weiss, Rifkind, Wharton & Garrison corporate partner Douglas Cifu—has pushed back its planned initial public offering. Paul Weiss is just one of several Am Law 100 firms with ties to the controversial industry.

Schneiderman Names New Bureau Chiefs in AG Office

Brendan Pierson : New York Law Journal : January 01, 2014

New York Attorney General Eric Schneiderman has appointed new chiefs for his office's public integrity, Internet and taxpayer protection bureaus, the office announced Monday.

Canadian Deals & Suits

Laura King : Corporate Counsel : January 01, 2014

Text Messages: Coming to a Litigation Near You

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 01, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison write: Recent, high-profile matters confirm the emerging role of text messages in litigation.

April 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

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

Guilty Pleas Detail Accounting Fraud at Dewey & LeBoeuf

Julie Triedman and Christine Simmons : New York Law Journal : January 31, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Big Deals

David Marcus : The American Lawyer : January 31, 2014

Comcast/Time Warner Cable; Actavis / Forest Labs; Facebook / WhatsApp; Santander Consumer USA IPO; Carlyle / J&J Diagnostics Unit

Judge Unseals Guilty Pleas of Six More Dewey Staffers

Julie Triedman and Christine Simmons : The Am Law Daily : January 28, 2014

A day after ex-Dewey & LeBoeuf finance director Francis Canellas' guilty plea to second-degree grand larceny became public, the pleas of six other former firm employees who have admitted committing crimes related to Dewey's accounting practices were unsealed Friday.

Gay-Friendly Policies Can Help Law Firms, Advocates Say

Tania Karas : New York Law Journal : January 24, 2014

A work environment that welcomes lesbian, gay, bisexual and transgender lawyers is not only fundamentally fair, it can boost the bottom line. That was the message of Out in Law, a daylong event at New York University School of Law this month.

Fair Use Found in Distribution of Investor Conference Call Recording

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 24, 2014

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'Swatch Group Management Services Ltd. v. Bloomberg L.P.,' in which the U.S. Court of Appeals for the Second Circuit examined the scope of copyright protection accorded a sound recording of a public company's conference call with investment analysts.

The Am Law 100, the Early Numbers: Elite New York Firms Pull Away

Julie Triedman : The Am Law Daily : January 20, 2014

A year after making only slight financial gains, a group of New York–based firms made up of some of The Am Law 100's most profitable members put even more distance between itself and the rest of the pack in 2013, according to The American Lawyer's reporting.

Lawyer Traces Ex-Dewey COO's Path to Possible Witness Role

Brian Baxter : The Am Law Daily : January 20, 2014

When four former Dewey & LeBoeuf insiders were charged with engineering a massive fraud that helped kill the storied firm, Dennis D'Alessandro was neither one of the defendants nor among the seven unnamed people who have already pled guilty in the matter. According to his lawyer, though, he may yet offer his take on Dewey's demise in court.

Business Judgment Rule Governs Move to Go Private, Justices Say

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

A going-private merger led by a controlling stockholder should be reviewed under the less-stringent business judgment rule, the Delaware Supreme Court has ruled. The high court's decision affirmed a Delaware Court of Chancery ruling that MacAndrews & Forbes Holdings' full acquisition of an affiliate was proper under the business judgment rule.

Court Approves Pact Between Group Home Residents, State

Joel Stashenko : New York Law Journal : January 19, 2014

A Federal judge has approved a settlement under which New York State has agreed to give more than 3,000 residents of group homes for the mentally ill the opportunity to move into their own apartments and live more independently in the community.

E-Discovery

: New York Law Journal : January 17, 2014

In this Special Report from the New York Law Journal: "Protecting Data Privacy in Litigation and Investigations," "Transparency in Predictive Coding: How Much Is Too Much?," "'Wurtz' May Influence U.S. Cross-Border E-Discovery Law," and "Managing the Five Stages of E-Discovery Grief."

Managing the Five Stages of E-Discovery Grief

H. Christopher Boehning and Ross M. Gotler : New York Law Journal : January 17, 2014

H. Christopher Boehning and Ross M. Gotler of Paul, Weiss, Rifkind, Wharton & Garrison consider the Five Stages of Grief in the context of e-discovery and offer strategies for how companies can manage each of these Five Stages of E-Discovery Grief.

Target Of Judge Judy Lawsuit Calls Suit Misunderstanding

JAY STAPLETON : The Connecticut Law Tribune : January 14, 2014

A Hartford lawyer who is being sued in federal court for allegedly using the likeness of daytime TV's "Judge Judy" in an ad for his law firm says the whole thing is a "misunderstanding."

David Sive, Pioneer in Environmental Law, Dies at 91

Joel Stashenko : New York Law Journal : January 13, 2014

An attorney who won landmark environmental rulings in both state and federal courts and built the pioneering environmental law firm Sive, Paget & Riesel, died Tuesday. He was 91.

Federal Circuit Tackles Appellate Review of Claim Construction

Lewis R. Clayton : New York Law Journal : January 12, 2014

In his Intellectual Property Litigation column, Paul, Weiss, Rifkind, Wharton & Garrison partner Lewis R. Clayton reviews recent notable decisions, including the Federal Circuit's en banc holding on one of the most contentious issues in patent law.

Who Will be Star Witnesses If Dewey Case Goes to Trial?

Julie Triedman : The Am Law Daily : January 11, 2014

Prosecutors will need more than damning emails to secure convictions of the four men accused of engineering a massive accounting fraud that helped hasten Dewey & LeBoeuf's collapse.

The Careerist: Her Novel Is a Hit—and She's Quitting

Vivia Chen : The Am Law Daily : January 10, 2014

First-time novelist Helen Wan hits the jackpot. (Includes link to video interview.)

No Boies v. Wells Rematch as Terra Firma Takes Citigroup Case to U.K.

Ross Todd : The Litigation Daily : January 10, 2014

After more than four years and who knows how much money spent duking it out in the U.S., Terra Firma Capital Partners and Citigroup have opted to let an English court deal with their dispute over the 2007 sale of music label EMI.

Atheists Seek Recognition in 9/11 Museum Display

Tania Karas : New York Law Journal : January 07, 2014

A group of atheists tried to convince a Second Circuit panel Thursday that if a museum commemorating the terrorist attacks displays a cross-shaped steel beam found in the wreckage of the World Trade Center, it should also be required to display a symbol recognizing atheists who were affected by 9/11.

Labaton Sucharow

Sherry Karabin : The National Law Journal : January 03, 2014

Think "securities fraud litigation," and Labaton Sucharow should pop to mind. During 2013, partners Christopher McDonald and Jonathan Plasse served as co-lead counsel with Bernstein Litowitz Berger & Grossmann in a class action against Schering-Plough Corp., recovering $473 million for investors.

NFL Tax Filings Show Big Fees for Three Firms

Brian Baxter : The Am Law Daily : January 03, 2014

The latest tax filings by the National Football League and its collective bargaining arm show that it paid out nearly $25 million to Akin Gump, Covington & Burling and Paul Weiss, the latter a newcomer to the NFL's stable of top outside legal advisers.

Litigator of the Week: Thomas Goldstein of Goldstein & Russell

Jan Wolfe : The Litigation Daily : January 27, 2014

The omnipresent Supreme Court advocate and SCOTUSblog cofounder scored a major victory for class action plaintiffs who are seeking billions from law firms and other advisers of Ponzi schemer R. Allen Stanford.

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

Canadian Big Deals

Laura King : The American Lawyer : January 27, 2014

Brookfield Property Partners/Brookfield Office Properties; Fortis/UNS Energy; Pacific Rubiales Energy/Petrominerales; Fairfax Financial/BlackBerry

'Brady'-Based Section 1983 Claims After Guilty Plea

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 26, 2014

In their Second Circuit Review, Paul Weiss members Martin Flumenbaum and Brad S. Karp discuss 'Poventud v. City of New York,' in which the court, sitting en banc, considered whether a plaintiff whose initial conviction was tainted by disclosure violations under 'Brady v. Maryland' could pursue a 42 U.S.C. §1983 claim despite having pleaded guilty to lesser offenses in a second trial.

Several Amicus Briefs Filed in Support of Chancery's Arbitration Program

Jeff Mordock : Delaware Business Court Insider : January 26, 2014

A large batch of amicus briefs—from 23 law firms as well as business groups—have been filed with the U.S. Supreme Court in support of the Delaware Court of Chancery's confidential arbitration program.

Chadbourne, Proskauer Lose Supreme Court Bid to Block Stanford Class Actions

Julie Triedman : The Litigation Daily : January 26, 2014

In a highly anticipated decision interpreting the reach of the Securities Litigation Uniform Standards Act, the court green-lighted investor claims against Chadbourne & Parke, Proskauer Rose and other advisers of convicted Ponzi schemer R. Allen Stanford.

The Am Law 100, the Early Numbers: At Paul Weiss, Making Headlines And Profits

David Bario : The Am Law Daily : January 24, 2014

Paul, Weiss, Rifkind, Wharton & Garrison saw its profits per partner increase more than 8 percent last year, to $3.62 million, and its gross revenue rise nearly 7 percent, to $934.5 million, according to The American Lawyer's reporting.

Law Firms Back Narrow Right of Court Access in Delaware Appeal

Ross Todd : The Litigation Daily : January 24, 2014

Two dozen major law firms came together on Monday to send an unlikely message to the U.S. Supreme Court: It's time to clamp down on open access to government.

New Deals

Tom Huddleston Jr. : The Am Law Daily : January 20, 2014

One month after Time Warner Cable rejected a takeover bid as "grossly inadequate," the nation's second-largest cable company has attracted a better offer. Also, generic drug maker Actavis has said it will buy Forest Laboratories.

Litigator of the Week: Theodore Wells Jr. of Paul Weiss

Ross Todd : The Litigation Daily : January 20, 2014

Ted Wells has long been a towering figure among trial lawyers. After his report on the bullying scandal that rocked the NFL's Miami Dolphins, he's on his way to becoming a household name for sports fans as well.

Penalty Can Exceed Insider's Own Profits, Circuit Says

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

An insider trader can be required to disgorge the profits he channeled to others above and beyond the profits he earned for himself, the U.S. Court of Appeals for the Second Circuit ruled Tuesday.

Entertainment Company Needs Cause to Avoid Paying Interest in Disputed Acquisition

Jeff Mordock : Delaware Business Court Insider : January 19, 2014

The entertainment company that holds the rights to "American Idol" and other television programs involved in litigation over a possible acquisition cannot order the challenging shareholder to accept the undisputed portion of its potential purchase price, the Delaware Court of Chancery has ruled. The court held the company did not meet the "good cause" standard necessary to order the stock owner to agree to a partial sales price, thereby stopping the entertainment company's accrual of interest.

Second Circuit Sides With Citi in $4 Billion Abu Dhabi Case

Ross Todd : The Litigation Daily : January 19, 2014

Lawyers at Quinn Emanuel Urquhart & Sullivan struck out Wednesday in their latest attempt to revive a $4 billion arbitration claim against Citigroup on behalf of Abu Dhabi's sovereign wealth fund.

Paul Weiss Strikes Out for Contorinis, Scores for Citi at Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

The firm couldn't reverse a ruling that a client convicted of insider trading must disgorge $7 million. But it did finish off a fraud case brought against longtime client Citigroup Inc. by a group of Norwegian investors represented by Kasowitz Benson Torres & Friedman.

The Score: Paul Weiss Drops Wells Report, Helps Client Buy Easton

Brian Baxter : The Am Law Daily : January 14, 2014

Roughly a year after reaping $3.6 million to conduct an internal investigation of the NBA players' union, Paul, Weiss, Rifkind, Wharton & Garrison litigation partner Ted Wells released Friday the results of his inquiry into the Miami Dolphins bullying imbroglio. Wells' firm also took the lead this week counseling a client on its $330 million acquisition of struggling Easton-Bell Sports' baseball and softball business. Meanwhile, Davis Polk and Covington, respectively, helped Comcast and the NFL ink a pair of major TV rights deals.

Dealmaker of the Week: Paul Weiss' Robert Schumer

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

Schumer is leading the Paul Weiss team advising Time Warner Cable on its sale to Comcast in a $45.2 billion all-stock deal that is worth roughly $67 billion when assumed debt is added in.

Keryx Biopharmaceuticals Fends Off Investor Suit

Jan Wolfe : The Litigation Daily : January 14, 2014

Keryx Biopharmaceuticals Inc. and its lawyers at Alston & Bird have defeated claims that the company misled investors about the results of a clinical trial for its cancer drug Perifosine.

Am Law Firms Feast on Comcast's Big Time Warner Buy

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

Davis Polk and Willkie are advising Comcast, which announced Thursday that it has reached an agreement to buy Time Warner Cable in an all-stock transaction valued at roughly $67 billion, including some $21.8 billion in assumed debt. Paul Weiss and Skadden are representing Time Warner in the matter, and Simpson Thacher has also landed a role.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Am Law Daily : January 13, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

SEC's Canellos Returns to Milbank as Shearman Picks Up Orrick Heavyweights

Julie Triedman : The Litigation Daily : January 12, 2014

Wednesday was a day of musical chairs for the New York securities bar. One top securities litigator and government enforcer opted to return to his longtime law firm, while another prominent practitioner landed at his fourth firm in eight years.

Latham Lands Roles on Two Deals Totaling $3.2 Billion

Brian Baxter : The Am Law Daily : January 11, 2014

Latham & Watkins is advising longtime private equity client The Carlyle Group on its $1.9 billion sale of Veyance Technologies to German tire and auto parts maker Continental AG, and Cadence Pharmaceuticals on its $1.3 billion sale to Ireland's Mallinckrodt. A half-dozen other Am Law 100 and foreign firms are also working on the transactions.

Five Am Law 100 Firms Handle Three Big PE Deals

Brian Baxter : The Am Law Daily : January 07, 2014

Private equity giants KKR and The Carlyle Group kept a handful of Am Law 100 firms busy this week with acquisitions totaling nearly $5 billion, and veteran Simpson Thacher & Bartlett partner Mari Lerner took the lead on two of the deals. Changing hands in the transactions were an industrial packaging unit owned by Illinois Tool Works, medical device maker Lake Region Medical and optical retailer National Vision.

DHS Head Calls for Immigration and Cybersecurity Reform

Jenna Greene : Legal Times : January 07, 2014

In his first major address as Secretary of Homeland Security, Jeh Johnson today called for "commonsense solutions" to the nation's immigration system and asked Congress to provide legal clarity on the department's role in safeguarding private-sector cyber networks.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

Debo Adegbile Gets Committee Approval for Civil Rights Post

Todd Ruger : Legal Times : January 06, 2014

The Senate Judiciary Committee today approved the nomination of Debo Adegbile to run the Civil Rights Division at the U.S. Department of Justice, despite objections from Republicans for his appellate work on behalf of a convicted killer.

UJA-Federation Recognizes Lawyers

Rick Kopstein, Photographer : New York Law Journal : January 05, 2014

The UJA-Federation of New York honored Wachtell, Lipton, Rosen & Katz partner Theodore N. Mirvis and Kirkland & Ellis LLP partner Edward O. Sassower at the organization's Lawyers Division annual event on Jan. 30.

DOI Nominee Says History Shows His Independence

Christine Simmons : New York Law Journal : January 04, 2014

Ask attorney Mark Peters if he would hesitate to break ranks with close friend and political ally Mayor Bill de Blasio as the city's top watchdog, and he will mention David Paterson.

'Seed Set' Documents Should Not Be Discoverable

H. Christopher Boehning and Daniel J. Toal : New York Law Journal : January 04, 2014

In their Federal E-Discovery column, H. Christopher Boehning and Daniel J. Toal of Paul, Weiss, Rifkind, Wharton & Garrison survey recent decisions concerning the use of predictive coding and explore the conflict over the extent to which the core processes of predictive coding are discoverable, including information about the "seed set" used to derive the relevant computer algorithm.

New York Sees Growth in Partner Promotions

Christine Simmons : New York Law Journal : January 03, 2014

A survey of New York's largest firms shows a slight uptick in the number of lawyers promoted to partner last year. The number of new partners firmwide at remained almost even from the number in 2012.

Litigators of the Week: Robert Wick of Covington & Burling and Kenneth Gallo of Paul Weiss

Jan Wolfe : The Litigation Daily : January 30, 2014

Even in the megalitigation over price-fixing in the LCD industry, Motorola's $3.5 billion case against Samsung and other LCD manufacturers was a biggie. Not so much anymore.

Fee Tracker: Super Bowl, Patent Battles and More

Brian Baxter : The Am Law Daily : January 30, 2014

In our latest installment of the Fee Tracker, The Am Law Daily looks at the legal fees paid by several leading nonprofit organizations in the news, such as the NY/NJ Super Bowl XLVIII Bidding Committee, the Alfred E. Mann Foundation for Scientific Research and the UJA-Federation of New York, which recently hired a top Paul, Weiss, Rifkind, Wharton & Garrison litigation partner as its new leader.

Overt Acts, Conspiracy and the Statute of Limitations

Martin Flumenbaum and Brad S. Karp : New York Law Journal : January 29, 2014

In their Second Circuit Review, Paul Weiss' Martin Flumenbaum and Brad S. Karp discuss 'United States v. Grimm,' in which the court considered whether routine payments by unindicted co-conspirators pursuant to guaranteed investment contracts constituted overt acts in furtherance of a conspiracy for purposes of the statutes of limitations.

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. .

'Fair Use' Spares Bloomberg in Swatch Copyright Dispute

Joel Stashenko : New York Law Journal : January 28, 2014

Bloomberg violated no copyright laws when it posted an unauthorized recording of a conference call about the Swatch watch company's earnings report on a data service for financial investors, the Second Circuit held Monday.

Paul Weiss Partner Leaving to Head Jewish Charity

Christine Simmons : New York Law Journal : January 27, 2014

Eric Goldstein, a securities litigator who has been at Paul Weiss for more than 30 years, will resign from the partnership to become CEO of UJA-Federation of New York.

Litigation Department of the Year: Honorable Mentions

By David Bario, Michael D. Goldhaber, Robin Sparkman, Julie Triedman and Jan Wolfe : The American Lawyer : January 27, 2014

Ten firms win Honorable Mention recognition in The American Lawyer's 2014 Litigation Department of the Year competition.

That's A Lot of Tokens! $1.3 Billion Pending Purchase of Chuck E. Cheese's Parent Company CEC

Brenda Sapino Jeffreys : Texas Lawyer : January 27, 2014

A team from Weil, Gotshal & Manges led by Dallas corporate partner D. Gilbert Friedlander represents Irving-based CEC Entertainment in its pending purchase by an affiliate of Apollo Global Management for about $1.3 billion.