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IN-DEPTH RESEARCH REPORT
on Proskauer Rose LLP

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

Proskauer Rose LLP

  • Designation: New York
  • Head Count: 746
  • Gross Revenues: $736,500,000
  • Revenue Per Lawyer: $985,000
  • Profits Per Partner: $1,850,000
  • Year Over Year Change: 3

Proskauer Rose is a New York-based law firm. The firm ranked 38th on The American Lawyer's 2011 Am Law 100 rankings of U.S. law firms with gross revenues of $645,000,000 in 2010. Proskauer Rose has ranked in the top 50 of the annual Am Law 100 since 1986. According to the National Law Journal's 2011 NLJ 250 rankings of firms based on size, with 663 attorneys, the firm is the 54th largest law firm in the United States. In the 2011 Global 100 survey of firms worldwide, Proskauer ranked as the 45th highest grossing law firm in the world. Proskauer Rose's practice areas include corporate; mergers and acquisitions; labor and employment; real estate transactions; bankruptcy and reorganization; taxation; litigation; and intellectual property. The firm has 12 offices locations: New York, Los Angeles, Washington, D.C., Boca Raton, Boston, New Orleans, Newark, Chicago, London, Paris, Sao Paolo and Hong Kong.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 36 3 Gross revenue
Am Law 200 36 3 Gross revenue
NLJ 250 55 -1 Lawyer head count
The A-List 35 0 Overall excellence
Pro Bono Scorecard 45 -17 Pro-bono commitment
Diversity Scorecard 110 -10 Minority head count
Midlevel Associates Survey 76 4 Job satisfaction
Summer Associates Survey 12 28 Summer programs

In the News

The Churn: Gibson Lands Ropes SF Head, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 22, 2014

Among those switching firms in our latest roundup: a new cochair for Gibson Dunn's life sciences practice.

Run Criminal Background Checks With Care

Katharine H. Parker and Daniel L. Saperstein : The National Law Journal : January 21, 2014

Proliferating "ban the box" laws penalize employers who screen job candidates without justification.

Asia Deal Digest: April 17, 2014

Anna Zhang : The Asian Lawyer : January 17, 2014

* White & Case and Linklaters lead on $5.85 billion Chinese mine acquisition in Peru* Chinese retail group turns to Simpson Thacher for its takeover of a British department store chain* Milbank advises the government of Sri Lanka on a third sovereign bond offering

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.

The Careerist: All You Need Is Botox

Vivia Chen : The Careerist : January 16, 2014

Time for another round of quirky, strange news.

A Lawyer's Privacy Interest—Real or Illusory?

Edward M. Spiro and Judith L. Mogul : New York Law Journal : January 15, 2014

In their Southern District Civil Practice Roundup, Edward M. Spiro and Judith L. Mogul, principals of Morvillo Abramowitz Grand Iason & Anello, write that a recent decision by Judge Paul G. Gardephe rejects the notion that the "law office" protection from disclosure extends to an attorney's witness interview notes and serves as a reminder that the zone of protection for a lawyer's own records carved out by 'Sage Realty' is a narrow one.

The Churn: Bingham Hedge Fund Duo Defects, Plus More Lateral Moves

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

Two prominent hedge fund partners and a privacy practice cochair have left Bingham McCutchen.

Robbins Geller Faces Off with NHL Over Head Injuries

Jan Wolfe : The Litigation Daily : January 11, 2014

Robbins Geller Rudman & Dowd made a clumsy entrance into litigation over concussions in pro sports, filing a class action complaint against the National Hockey League that included a few attention-grabbing typos and factual errors.

AlixPartners Sues Consultants Poached by McKinsey & Co.

Susan Beck : The Litigation Daily : January 10, 2014

The lawsuit, filed in Delaware Chancery Court by Gibson, Dunn & Crutcher and Richards Layton & Finger, accuses former AlixPartners managing directors Eric Thompson and Ivo Naumann of breaching their employment agreements and stealing trade secrets.

Let's Talk About Pay Equality in the Workplace

Rebekah Mintzer : Corporate Counsel : January 10, 2014

With Congress stuck in an apparent state of stasis on initiatives for gender pay equality, what's President Barack Obama to do?

Back to 'Basic'? Maybe Not

Sarah S. Gold and Richard L. Spinogatti : New York Law Journal : January 09, 2014

In their Corporate and Securities Litigation column, Sarah S. Gold and Richard L. Spinogatti of Proskauer Rose discuss the arguments before the Supreme Court in 'Halliburton v. Erica P. John Fund,' market efficiency, the fraud-on-the-market theory and the presumption of reliance at the class certification stage.

Viacom Intern Case Moves Ahead as Employers Eye Second Circuit

Julie Triedman : The Litigation Daily : January 07, 2014

Another employment class action brought on behalf of unpaid interns cleared a hurdle when a federal judge in Manhattan conditionally certified an FLSA class action against Viacom Inc.

Too Cute to Work?

Rebekah Mintzer : Corporate Counsel : January 01, 2014

A story made for the tabloids raises an interesting employment question.

MoFo CMO Is Moving On

Nathalie Pierrepont : The Recorder : January 01, 2014

Personal Notes on Lawyers

: New York Law Journal : January 31, 2014

News of firm additions and appointments.

Stormy Weather For Health Reform

Marcia Coyle and Jenna Greene : The National Law Journal : January 31, 2014

For government lawyers defending the federal health care reforms against two major attacks in different courts last week, the temperature inside two Washington courtrooms mirrored that outside: cold and stormy. By the end of the day, in both the U.S. Supreme Court and the U.S. Court of Appeals for the District of Columbia, the government appeared to face a hard slog to victory.

Insufficient Evidence Linked Mold to Health, Judges Rule

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

Wrestling with a question that has gained the attention of other state courts in recent years, a 4-2 Court of Appeals said plaintiff's expert relied on various studies that showed an "association" between health problems and exposure to mold, but did not show either "general" or "specific" causation.

Growing Trend Toward Paid Sick Leave Comes to NYC

Rebekah Mintzer : Corporate Counsel : January 25, 2014

With the Earned Sick Time Act, New York City joins many municipalities and states that have implemented mandatory paid-leave policies.

Apple Retail Workers Press Pause on Bag Check Case

Marisa Kendall : The Recorder : January 25, 2014

Plaintiffs lawyers seek to stay wage-and-hour case until the U.S. Supreme Court rules on whether employees must be paid for time spent in security screenings.

Movers

: The National Law Journal : January 24, 2014

Norberto Quintana joins Holland & Knight's financial-services practice as partner in the New York office. Plus more law firm movers in this week's column.

Skadden to Settle Fletcher Bankruptcy Case for $4.25 Million

Tom Huddleston Jr. : The Am Law Daily : January 24, 2014

While disputing a court-appointed trustee's claim that it had not "adequately" protected former client Alphonse "Buddy" Fletcher Jr.'s hedge funds and those who invested in them, Skadden, Arps, Slate, Meagher & Flom has agreed to pay $4.25 million to avoid any potential legal claims stemming from the bankruptcy of one of those funds.

D.C. Moves

: The National Law Journal : January 24, 2014

Legal industry job changes in our nation's capital.

DC Lateral Moves Roundup

Katelyn Polantz : Legal Times : January 21, 2014

Proskauer Rose and Miles & Stockbridge grabbed lawyers from Crowell & Moring. A partner left Williams & Connolly for Zuckerman Spaeder. And a bankrupcty group went to Baker Donelson.

The Churn: Crowell Adds and Loses, Plus More Lateral Moves

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

Crowell & Moring gains one partner and loses two others, McDermott Will & Emery makes two IP partner hires and a pair of Wilson Elser lawyers jump to New Jersey's Wolff & Samson.

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.

Parties Reach Accord in Firefighter Case

Andrew Keshner and Tania Karas : New York Law Journal : January 19, 2014

New York City, the federal government and an intervening group of black firefighters and applicants have reached an agreement in principle to settle the last pending claims of a hard-fought class action suit alleging intentional discrimination within the New York City Fire Department.

Suits Test Reach of Antitrust Laws Over Caps on College Athletes' Pay

Mary Pat Gallagher : New Jersey Law Journal : January 19, 2014

Putative class actions in California and New Jersey are testing whether college sports organizations are big businesses whose limits on payments to amateur athletes violate antitrust laws.

Legal Aid Forms Committee to Find New Chief Attorney

Joel Stashenko : New York Law Journal : January 18, 2014

Two union officials and three attorneys-in-charge of the New York City Legal Aid Society are among those named to a search committee to find a successor to outgoing Attorney-in-Chief Steven Banks.

FINRA Issues Warning on Bitcoin and Digital Currency

Marlisse Silver Sweeney : Corporate Counsel : January 17, 2014

The agency warns investors that these digital "currencies" are not legal tender and may lead to losses.

The Score: March Madness Edition

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

With the field set for the National Collegiate Athletic Association men's basketball tournament, others can agonize over their brackets. The Am Law Daily's focus is on the lawyers and law firms with ties to the NCAA and the nation's top college sports conferences.

Company Re-Files Lawsuit Against Proskauer Rose

Christine Simmons : New York Law Journal : January 14, 2014

A former longtime client of Proskauer Rose has re-filed a malpractice suit claiming the firm's advice cost it hundreds of millions of dollars in tax liability.

Panel Upholds Private Right to Sue Nonpaying Insurers

Andrew Keshner : New York Law Journal : January 07, 2014

Scrutinizing a law that requires insurance companies to pay claims in a timely manner, a Brooklyn appellate court has determined the law gives claimants an implied right to file suit against their insurer.

Reactions to Dewey Indictments Run the Gamut

Christine Simmons : The Am Law Daily : January 06, 2014

Those with direct and indirect interests in the events at issue in the charges filed against three former Dewey & LeBoeuf leaders Thursday try to make sense of the stunning developments.

U.S. Supreme Court Expands Corporate Whistleblower Protection

Tony Mauro : supreme_court_brief : January 06, 2014

The U.S. Supreme Court on Tuesday significantly expanded legal protection for corporate whistleblowers, making it clear for the first time that thousands of workers in the mutual-fund industry and other private companies are protected from retaliation for reporting fraud.

New Partners Yearbook 2014

: New Jersey Law Journal : January 06, 2014

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

Unlimited Breaks: Great for Morale, But Beware

Rebekah Mintzer : Corporate Counsel : January 05, 2014

Employees love the idea, but if you're considering it, be aware that unlimited time off may not work for every company team.

Insurers Must Cover Bear Stearns Settlement, Judge Says

Suevon Lee : Commercial Litigation Insider : January 05, 2014

A "dishonest acts" exclusion clause in its liability policies does not exempt insurers from covering a $250 million settlement reached between the Securities and Exchange Commission and a J.P. Morgan subsidiary, a Manhattan state judge ruled.

Justices Expand Corporate Whistleblower Protection

Tony Mauro : supreme_court_brief : January 04, 2014

The U.S. Supreme Court on Tuesday significantly expanded legal protection for corporate whistleblowers, making it clear for the first time that thousands of workers in the mutual-fund industry and other private companies are protected from retaliation for reporting fraud.

'Dishonest Acts' Clause Not Applicable in Insurance Case, Judge Rules

Suevon Lee : Commercial Litigation Insider : January 04, 2014

A 'dishonest acts' exclusion clause in its liability policies does not exempt insurers from providing coverage for a $250 million settlement reached between the Securities and Exchange Commission and a J.P. Morgan subsidiary, a Manhattan state judge ruled.

Justices Expand Corporate Whistleblower Protection

Tony Mauro : supreme_court_brief : January 04, 2014

The U.S. Supreme Court on Tuesday significantly expanded legal protection for corporate whistleblowers, making it clear for the first time that thousands of workers in the mutual-fund industry and other private companies are protected from retaliation for reporting fraud.

The Am Law 100, the Early Numbers: Proskauer's Revenue Up as Head Count Drops

Sara Randazzo : The Am Law Daily : January 03, 2014

Proskauer Rose recorded gains in every major financial metric in 2013, including a gross revenue increase of 4.3 percent to $768.5 million, according to The American Lawyer's reporting.

INADMISSIBLE: Tanya Chutkan Breezes Through Hearing

: The National Law Journal : January 03, 2014

Boies, Schiller & Flexner partner Tanya Chutkan sailed through her Feb. 25 confirmation hearing, setting her up for a spot on the U.S. District Court for the District of Columbia. Plus more in this week's column.

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.

The Morning Wrap

Zoe Tillman : Legal Times : January 28, 2014

A round-up of legal news from ALM affiliated publications and news outlets around the country: the U.S. Supreme Court caught on camera, Proskauer sues an ex-client and new judicial nominations drama.

The Churn: Dinsmore Absorbs Bond Firm, Plus More Lateral Moves

Sara Randazzo : The Am Law Daily : January 28, 2014

Dinsmore & Shohl expands its public finance capabilities with the acquisition of a 35-lawyer Cincinnati-based firm; Dorsey & Whitney loses a pair to Polsinelli; and Orrick expands in London.

Claims Narrowed in Ex-Associate's Suit Against Quinn

Brendan Pierson : New York Law Journal : January 28, 2014

A unanimous state appeals panel has dismissed a retaliation claim that is part of a discrimination suit filed by a black former contract attorney against Quinn Emanuel Urquhart & Sullivan, ruling that the claim is barred because a federal judge dismissed a similar claim last year.

Proskauer Sues Ex-Client Accusing Firm of Malpractice

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

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

The Am Law 100, the Early Numbers: Profits Spike at Davis Polk

Julie Triedman : The Am Law Daily : January 28, 2014

Davis Polk & Wardwell saw its profits per partner surge 22.5 percent last year, to $2.94 million, while the firm's gross revenue rose a more modest 5.4 percent, to $975 million, according to The American Lawyer's reporting.

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.

Actor's Friend Gets Apology, Money to Help Playwrights

Christine Simmons : New York Law Journal : January 26, 2014

The National Enquirer, which, in an "exclusive interview" with David Bar Katz, a close friend of Philip Seymour Hoffman, quoted him saying they were gay lovers and he had seen Hoffman using drugs, has admitted that it was duped and never spoke to Hoffman's friend.

Justices OK Suits Against Law Firms in Ponzi Scheme

Marcia Coyle : The National Law Journal : January 26, 2014

Private investors burned in Allen Stanford's $7 billion Ponzi scheme can move ahead with their state-law class actions against two prominent law firms and insurance brokers, the U.S. Supreme Court ruled on Wednesday.

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.

Are Some Workers 'Too Cute' to Employ?

Rebekah Mintzer : The National Law Journal : January 24, 2014

A yoga teacher alleges she was fired on that ground.

Are Some Workers "Too Cute" To Employ?

Rebekah Mintzer : Corporate Counsel : January 19, 2014

A yoga instructor and massage therapist claims she was fired from her job for being too too good-looking for her boss and his jealous wife.

Asset Protection Planning Without Malpractice Risk

Commentary by Michael Sneeringer : Daily Business Review : January 18, 2014

When an attorney's file is papered with the words "asset protection planning," judges automatically view any legitimate estate planning attempts as fraudulent to creditors upon seeing the words "asset protection," writes attorney Michael A. Sneeringer.

Make Valentine's Day a Time for Love, Not Lawsuits

Rebekah Mintzer : Corporate Counsel : January 14, 2014

Love is in the air, so it's a good time to think about how to prepare for when Cupid's arrow strikes in the workplace.

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.

Federal Common Law Governs Insider Duties Under §10(b)

Sarah S. Gold and Richard L. Spinogatti : New York Law Journal : January 13, 2014

In their Corporate and Securities Litigation column, Sarah S. Gold and Richard L. Spinogatti of Proskauer Rose analyze a recent decision in which the Second Circuit held explicitly for the first time that the duty of corporate insiders to either disclose material non-public information or to abstain from trading is defined by federal common law, not state or foreign fiduciary duty law, and applies to registered and unregistered securities alike.

Effects of the New Jersey "Sandy" Law

Isobel Markham : Corporate Counsel : January 10, 2014

The new "Sandy" law in New Jersey affects the Family Leave Act and the Security and Financial Empowerment Act.

NLRB Revives Union Election Ideas in Proposed Rules

Rebekah Mintzer : Corporate Counsel : January 10, 2014

Now that the National Labor Relations Board has a full set of members, the so-called ambush or quickie union election rule is back.

iPad rEvolution

Alan Cohen : Law Technology News : January 07, 2014

Virtualization could be the key to lawyers abandoning their laptops for tablets.

The Churn: L&E Defections at Paul Hastings, Plus More Lateral Moves

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

Three New York–based Paul Hastings labor and employment partners jump to Proskauer Rose, and a fourth joins Ogletree in Atlanta; Foley & Lardner adds two partners and an of counsel in Miami; and a Kirkland partner becomes chair of Winston & Strawn's West Coast private equity practice.

Reinstating a Lost Tax-Exempt Status

Sherry Karabin : Corporate Counsel : January 06, 2014

The Internal Revenue Service has new reinstatement procedures for companies or organizations that had their tax-exempt status revoked.

U.S. Supreme Court to Scrutinize Securities Class Actions

Stephen A. Miller and Joshua N. Ruby : The Legal Intelligencer : January 06, 2014

In two sets of cases this term, the U.S. Supreme Court is set to decide questions that could significantly alter securities litigation on behalf of large groups of investors under both federal and state law.

Scarpulla Joins Manhattan Commercial Division Bench

Suevon Lee : Commercial Litigation Insider : January 05, 2014

Supreme Court Justice Saliann Scarpulla is the newest judge to join the Commercial Division, taking over for Justice Barbara Kapnick who joined the First Department, the Office of Court Administration confirmed Tuesday.

Real Estate Workouts—Liabilities in Excess of Tax Bases

Peter M. Fass : New York Law Journal : January 05, 2014

In his Real Estate Securities column, Proskauer Rose partner Peter M. Fass discusses, in the context of a real estate workout involving a partnership or limited liability company, the tax considerations when a property has liabilities in excess of the tax basis of the property.

Scarpulla Joins Manhattan Commercial Division Bench

Suevon Lee : Commercial Litigation Insider : January 05, 2014

Manhattan Supreme Court Justice Saliann Scarpulla, a 10-year veteran of the bench who has a substantial business litigation background, is the newest judge to join the Commercial Division, the Office of Court Administration confirmed Tuesday.

Three Paul Hastings Lawyers Move to Proskauer Rose

Tania Karas : New York Law Journal : January 04, 2014

Zachary Fasman, Allan Bloom and Erika Collins have joined Proskauer Rose as partners in its labor and employment law practice.

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.

Movers

: The National Law Journal : January 03, 2014

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

Is Your Company Accommodating?

Katharine Parker and Jacquelyn Weisman : Corporate Counsel : January 01, 2014

Pregnancy is not a disability, but may require similar adjustments.

Deals & Suits

: Corporate Counsel : January 01, 2014

Contractors Face Executive Order for Minimum Wage Hike

Rebekah Mintzer : Corporate Counsel : January 30, 2014

In President Barack Obama's 2014 State of the Union address, he promised to raise the minimum wage for workers on new government contracts. Employers across the U.S. need to pay attention to this executive wage hike.

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.

4 Tips for Affordable Care Act Employer Compliance

Rebekah Mintzer : Corporate Counsel : January 28, 2014

Companies need to start putting Affordable Care Act politics on the backburner and focus on adjusting to Obamacare's realities.

Finance, Media Defendants Beat RealTime Patent Suits

Jan Wolfe : The Litigation Daily : January 28, 2014

The U.S. Court of Appeals for the Federal Circuit has brought a near-certain end to RealTime Data's patent infringement campaign against a large swath of the financial services industry.

State Whistleblowing Laws Provide Whopping Verdicts

Harris Mufson and Noa Baddish : The National Law Journal : January 23, 2014

Employers have finally started to recognize that the risks attendant to whistleblower claims in federal legislation can be enormous. But what about state whistleblower laws?

Fee Tracker: Apple's Bromwich Battle and More

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

The Am Law Daily tallies how much Am Law 200 firms are earning on a variety of engagements, from a Goodwin Procter partner serving as Apple's court-appointed monitor to Robins Kaplan's representation in a card-swipe class action to a Winston & Strawn partner's move in-house with a longtime client.

Automatic Allocation of GST Exemption: Traps for the Unwary

Jay D. Waxenberg, Andrew M. Katzenstein and Maggie Mouradian : New York Law Journal : January 21, 2014

Jay D. Waxenberg, Andrew M. Katzenstein and Maggie Mouradian of Proskauer Rose write: Dynasty trusts for the benefit of succeeding generations are standard tools in every estate planner's toolkit. Some practitioners and their clients rely on automatic allocation of generation-skipping transfer tax exemption to these trusts to keep them exempt from GST tax. Without careful planning, however, the automatic allocation may not take place, making the intergenerational tax savings unavailable.

Trusts & Estates

: New York Law Journal : January 21, 2014

In this Special Report from the New York Law Journal, : "Top 10 Developments, Lessons and Reminders of 2013," "Standing to Enforce Restrictions on Use of Charitable Gifts," "Making Disclaimer Work for Minors," "Revocable Inter-Vivos Trusts," "Automatic Allocation of GST Exemption: Traps for the Unwary" and "'Brewer' Raises New Issues Regarding Estate Distribution."

D.C. MOVES

: The National Law Journal : January 20, 2014

Will the Asia Shakeout Ever Come?

By Anthony Lin : The Asian Lawyer : January 20, 2014

What's the solution to the overly competitive market for legal services in Asia? Many international law firms in Asia are simply counting on their weaker rivals to eventually give up and go home, leaving a bigger pie for everybody else. But Asian Lawyer editor Anthony Lin says they shouldn't bet on that scenario.

Correction

: New York Law Journal : January 17, 2014

Whistle-Blower Law Didn't Protect Fired In-House Lawyer

Sherry Karabin : Corporate Counsel : January 17, 2014

A Labor Department review board said the company fired the attorney for cause, and not for whistle-blowing activity.

Fried Frank, Paul Weiss Lead on Time Warner Center Sale

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

The Am Law 100 firms—well versed on the subject of Manhattan's pricey commercial real estate—are advising media giant Time Warner Inc. on the $1.3 billion sale of its Columbus Circle headquarters to an investor group. The deal has also yielded roles for Gibson Dunn, Kirkland, Schulte Roth, Sidley Austin and Skadden.

Insurance Industry Deals a Boon to Big Firms

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

A dozen Am Law 100 firms have grabbed roles on a series of transactions announced since the start of 2014 involving the insurance industry, where consolidation in the sector this year could could produce a bevy of business for transactional lawyers.

City Settles Lawsuits in RNC Arrests for $18 Million

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

Activists and civil rights attorneys hailed the settlement, which includes $7.6 million for plaintiffs lawyers' fees, as a vindication of their claim that police had no right to arrest some 1,800 protestors, bystanders, legal observers and journalists without individualized probable cause.

Dechert Adds One Hong Kong Litigator, Loses Another

Anna Zhang : The Asian Lawyer : January 15, 2014

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

NLRB Decisions in Jeopardy at Supreme Court

Rebekah Mintzer : Corporate Counsel : January 15, 2014

, which was argued before the U.S. Supreme Court on Jan. 13, could have a huge impact in the labor and employment world by rendering hundreds of National Labor Relations Board decisions null and void.

NJ Devils Light a Fire Under Their Off-Ice Defense

Marlisse Silver Sweeney : Corporate Counsel : January 08, 2014

New Jersey's pro hockey team names a Proskauer sports associate as its new general counsel.

Panel Finds Ex-Broker Fraudulently ConveyedCondo

Brendan Pierson : New York Law Journal : January 08, 2014

A First Department panel has set aside the transfer of a former Lehman Brothers Inc. broker's $1.2 million Manhattan condominium to her son less than four months after she was ordered to pay a client $2.5 million.

Big Deals

David Marcus : The American Lawyer : January 02, 2014

Twitter IPO; Devon Energy/GeoSouthern/Crosstex;American Realty/Cole; Shire/Viropharma

The Churn: Greenberg Raids Weil, Plus More Lateral Moves

Sara Randazzo : The Am Law Daily : January 31, 2013

Weil, Gotshal & Manges loses a corporate partner in Washington, D.C., and three intellectual property lawyers in Texas; Winston & Strawn hires an energy lawyer in Hong Kong from Orrick, Herrington & Sutcliffe; and a Dorsey & Whitney partner becomes New York City's new corporation counsel.

Enthusiasm as Legal Advocate, Defender of City Never Dimmed

: New York Law Journal : January 31, 2013

"I knew when I took the job that I would be here for only four years," Michael Cardozo said. Twelve years and three terms as corporation counsel later, Cardozo returns to Proskauer, having held the position longer than any of his predecessors. "I had no idea the satisfaction I would get from this job," he said.

Former U.S. Prosecutor Is City's New Top Attorney

Jonathan Lemire : The Associated Press : January 30, 2013

Mayor-elect Bill de Blasio has announced that Zachary Carter, a former U.S. attorney for the Eastern District, will become New York City's corporation counsel on Jan. 1.

H.R. Knows Who's Naughty and Nice

Vivia Chen : The National Law Journal : January 23, 2013

Here's my annual refresher on how to throw a perfectly blah, humbug holiday fete.

Miami Team Of Lawyers In Thick Of Preemption Battle Over A-Rod

Noreen Marcus : Daily Business Review : January 23, 2013

The Third District Court of Appeal ruled two men close to Yankees' star Alex Rodriguez must submit to depositions in a lawsuit Baseball Commissioner Bud Selig filed in Miami-Dade Circuit Court early this year.

Lawyers Ponder Effects of New Mayor's Policies on Clients

Christine Simmons : New York Law Journal : January 23, 2013

Lawyers representing real estate developers and major employers say they are wary of the impact on their clients of a change in policies under mayor-elect Bill de Blasio.

The Better Business Bureau Warns Websites and Advertisers to Shape Up

Marlisse Silver Sweeney : Law Technology News : January 19, 2013

Self-regulatory principles on the collection of Internet usage for marketing purposes are enforced by the Better Business Bureau and the Direct Marketing Association.

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

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

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

Fireworks Expected at High Court

Marcia Coyle : The National Law Journal : January 16, 2013

As the U.S. Supreme Court begins a monthlong holiday recess, court watchers await the unwrapping of decisions in some of the term's hot-button cases.

Boies Schiller Tops Other Firms in Associate Bonuses

Sara Randazzo : The Am Law Daily : January 13, 2013

As it does every year, Boies Schiller has awarded associate bonuses significantly sweeter than those doled out by the rest of The Am Law 100, with the high end hitting $300,000. Meanwhile, at least 10 other firms have matched the range set by Cravath earlier this month.

Big Firm Tie-Ups Abroad Keep 2013 Merger Mania Alive

Brian Baxter : The Am Law Daily : January 13, 2013

The U.S. set a record for law firm mergers in 2013, even if a few late year unions failed to materialize. Now large firms in the U.K., Canada and South Africa firm are getting into the act, with four notable combinations announced this week.

Oh, No—Naughty Santa Is in Town!

Vivia Chen : The Careerist : January 12, 2013

Evaluating Confidential Informant Allegations Under 'Tellabs'

Sarah S. Gold and Richard L. Spinogatti : New York Law Journal : January 11, 2013

In their Corporate and Securities Litigation column, Sarah S. Gold and Richard L. Spinogatti of Proskauer Rose write: Since the U.S. Supreme Court's decision in 'Tellabs', federal courts have wrestled with its impact on the use of confidential informant allegations in federal securities complaints. There appears to be widely divergent views on this subject, partly mitigated by the differing facts of the cases in which the issue is raised.

Boies Schiller Tops Bonus Scale Again As Most Match Market

Sara Randazzo : The Am Law Daily : January 11, 2013

As it does every year, Boies, Schiller & Flexner has awarded 2013 associate bonuses significantly sweeter than those doled out by the rest of The Am Law 100, with the firm's high end hitting $300,000. Meanwhile, at least 10 other firms have now fallen in line with the $10,000-to-$60,000 range set, as usual, by Cravath, Swaine & Moore earlier this month.

High Court Sidesteps Final Decision in Union Challenge

Marcia Coyle : The National Law Journal : January 10, 2013

A major challenge involving neutrality agreements between employers and unions fizzled in the U.S. Supreme Court on Tuesday.

Class Action Waivers Validated in NLRB Loss

Rebekah Mintzer : Corporate Counsel : January 04, 2013

A decision handed down by the U.S. Court of Appeals for the Fifth Circuit in New Orleans upheld the use of class or collective action waivers in arbitration agreements.

Real Estate Workouts—Holding or Selling Partnership Property

Peter M. Fass : New York Law Journal : January 04, 2013

In his Real Estate Securities column, Peter M. Fass, a partner at Proskauer Rose, considers the tax consequences of a partnership or LLC continuing to hold a property in a real estate workout, buying time for investor actions at the individual partner level, selling it, resulting in a taxable gain or loss, or deferring gain recognition to the partners through an "installment sale."

Few Law Grads Finding Jobs Through Online Match Service

Sara Randazzo : The American Lawyer : January 03, 2013

Widely praised when it launched two years ago, JD Match has so far had little impact on recruiting.

Why Unpaid Interns Are Suing Employers

Claire Zillman : Corporate Counsel : January 02, 2013

A recent run of lawsuits and rulings have convinced some employers to change their approaches to corporate internship programs.

Big Deals

David Marcus : The American Lawyer : January 02, 2013

Applied Materials / Tokyo Electron; Koch Industries / Molex; Ares/CPPIB / Neiman Marcus; Regency Energy / PVR

Few Law Grads Finding Jobs Through Online Match Service

Sara Randazzo : The American Lawyer : January 02, 2013

Widely praised when it launched two years ago, JD Match has so far had little impact on recruiting.

A Black Swan Event

Claire Zillman : Corporate Counsel : January 01, 2013

Why unpaid interns are suddenly suing their employers.

Gibson Dunn Told to Turn Over Notes for In Camera Review

Christine Simmons : New York Law Journal : January 29, 2013

Gibson Dunn, which is not a party to the defamation suit against its former client, argued that its witness interview notes conducted during an internal investigation for the client were the firm's internal work product and thus protected from discovery.

NHL Taps Covington for TV Deal, Concussion Suit Looms

Brian Baxter : The Am Law Daily : January 27, 2013

The National Hockey League turned to Covington & Burling as its lead outside counsel on a 12-year, $4.9 billion Canadian television rights deal announced on the league's 96th birthday and a day after 10 retired NHL players sued the league over what they claim are the debilitating effects of concussions suffered during their playing days.

November Flurry Propels 2013 to Law Firm Merger Record

Brian Baxter : The Am Law Daily : January 26, 2013

With five weeks left, 2013 is already a record-setting year for tie-ups involving U.S. law firms. The Am Law Daily caught up with legal consultants Ward Bower and Tony Williams to discuss the continuing trend toward consolidation here and abroad.

November Flurry Propels 2013 to Law Firm Merger Record

Brian Baxter : The Am Law Daily : January 22, 2013

With five weeks left, 2013 is already a record-setting year for tie-ups involving U.S. law firms. And as the latest spate of deals pushed the total number of mergers announced so far to 78—past the previous high of 70 set in 2008—The Am Law Daily caught up with legal consultants Ward Bower and Tony Williams to discuss the continuing trend toward consolidation here and abroad.

The Churn: Lateral Moves in The Am Law 200

Hillary Flynn : The Am Law Daily : January 19, 2013

Weil, Gotshal & Manges loses three partners to Greenberg Traurig and gains one in Dallas; Jackson Lewis hires a new managing partner for its San Francisco office; and a longtime Wilmer Cutler Pickering Hale and Dorr partner joins Wiley Rein in Washington, D.C. .

The Innovators: Carole Levitt

Lisa Holton : Law Technology News : January 19, 2013

The Innovators: Carol Levitt. She expected her company, Internet for Lawyers, to last five years. She underestimated that by several decades.

D.C. Moves

: The National Law Journal : January 18, 2013

A Ten-Year Look at Who Gets the Most Work

: New Jersey Law Journal : January 15, 2013

Representing Corporate New Jersey

: New Jersey Law Journal : January 15, 2013

The Score: DLA Piper Takes Lead on New Braves Stadium

Brian Baxter : The Am Law Daily : January 15, 2013

Major League Baseball's Atlanta Braves stunned many this week by announcing that the team will leave its downtown home in 2017 for a new $672 million stadium in suburban Cobb County. Elsewhere in our latest look at sports and the law: Gordon & Rees, Norton Rose Fulbright, Paul Weiss, and Womble Carlyle wade into an NFL bullying case; Alex Rodriguez adds to his robust legal team; and an ex-Milbank associate seeks to make running with the bulls a U.S. sport.

Proskauer Rose partner navigated many properties over short time to complete Houston deal

Adolfo Pesquera : Daily Business Review : January 13, 2013

Stuart Kapp advised Miami-based Ytech International on the $35 million purchase of five multifamily complexes that added 1,312 apartment units to the company's multifamily portfolio.

Justices Struggle Over Scope of Whistleblower Protection

Tony Mauro : The National Law Journal : January 12, 2013

Supreme Court justices struggled Tuesday to interpret whistleblower provisions of a federal law in a way that would protect some private company employees who do work for public companies, but not all—not, for example, the gardener who mows the company's lawn.

Proskauer, A&O Advise on Novartis' $1.7 Billion Diagnostics Sale

Tom Huddleston Jr. : The Am Law Daily : January 11, 2013

Swiss pharmaceutical giant Novartis has agreed to sell its blood transfusion diagnostics unit to Barcelona-based health care company Grifols for roughly $1.7 billion in cash. Allen & Overy is advising Novartis on the deal, while Proskauer and U.K. firm Osborne Clarke are representing Grifols.

Personal Notes on Lawyers

: New York Law Journal : January 08, 2013

Five firms announce new additions, while four have announced promotions.

Pro Bono Academy Offers Advice to Small Businesses

Tania Karas : New York Law Journal : January 04, 2013

An event at the Apollo Theater in Harlem on Tuesday brought together volunteer lawyers from 31 firms and entrepreneurs and heads of small nonprofits, many of whom had never gotten counsel on their businesses from an attorney before, let alone one from a big corporate law firm.

Host Hotels GC ID'd Boies Schiller Conflict Early On

Sue Reisinger : Corporate Counsel : January 04, 2013

Hell hath no fury like a general counsel scorned by her outside counsel. And Host Hotels & Resorts Inc. GC Elizabeth Abdoo made sure Boies, Schiller & Flexner felt the depth of that fury.

With Sixth Payout, SEC Whistleblower Program Gains Steam

BLT : Legal Times : January 01, 2013

The U.S. Securities and Exchange Commission has issued its sixth whistleblower payment, awarding a tipster $150,000 for helping to stop a scheme that was defrauding investors.

New Deals

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

Consol Energy said Monday it has reached an agreement to sell five of its coal mining operations in West Virginia to Murray Energy in a deal worth roughly $3.5 billion. Also, American Realty Capital Properties had to wait more than seven months, but it finally reached a deal to create the country's largest real estate investment trust in the net lease sector.

The Experts

: New York Law Journal : January 30, 2013

The New York Law Journal thanks our legal columnists who have been contributing to the Law Journal from the 1960s to the present day.

Disputed MF Global Fees for Dewey, Proskauer Approved

Sara Randazzo : The Am Law Daily : January 30, 2013

A U.S. bankruptcy judge in New York has approved fee requests totaling $9 million submitted by Proskauer Rose and Dewey & LeBoeuf in connection with their work on MF Global Holdings Ltd's Chapter 11 case. The approval came despite a claim by the defunct commodities broker's plan administrator that the fees were excessive.