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More Lawyers Asking for Help for Alcohol, Drug Abuse

By MP McQueen |

Experts say growing job stress may be taking a toll on lawyers these days. Evidence in the field suggests more problems. A national study is underway.

Cost Recovery Bedevils Law Librarians, Survey Finds

By Alan Cohen |

Firms may soon be forced to throw in the towel on recouping online research costs, our annual librarians survey suggests.

Bingham Headlines Latest Round of Merger Rumblings

By Brian Baxter |

After a spate of lateral departures following a tough financial year in 2013, Bingham McCutchen has reportedly sounded out several Am Law 100 firms for potential tie-up talks, which come at a record-setting time for law firm mergers.

Sidley, Wachtell Handle GTECH Deal

By Vinayak Balasubramanian |

The Italian lottery operator wants to acquire Las Vegas–based slot-machine maker International Game Technology.

Roger Mansukhani and Miles Scully

Amid Shrinking Nameplates, Gordon & Rees Expands

By Brian Baxter |

In an era when many large firms have shortened their monikers, Gordon & Rees added two new name partners to its shingle earlier this year to become Gordon Rees Scully Mansukhani. Miles Scully, one of those partners, talks with The Am Law Daily about that decision, litigation with Alex Rodriguez and his firm's expansion efforts as it prepares to celebrate its 40th anniversary.

Wachtell Raids Simpson Thacher for Executive Compensation Expert

By Brian Baxter |

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.

The Churn

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

By Brian Baxter |

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

Dealmaker of the Week: Davis Polk & Wardwell's William Chudd

By Vinayak Balasubramanian |

Chudd led the deal team advising Irish drugmaker Shire Plc on its sale to AbbVie for $54.8 billion in cash and stock—marking the largest ever corporate inversion, in which a U.S.-based company lowers its taxes by moving overseas.

Camel cigarettes are manufactured by Reynolds American Inc.

Reynolds Agrees to Buy Lorillard for $27.4 Billion

By MP McQueen |

Jones Day, Cravath Swaine & Moore, Simpson Thacher & Bartlett, Allen & Overy and Kirkland & Ellis all advised on the megadeal that would create a $50 billion tobacco company to rival Altria Group, the holding company of Philip Morris.

Decision in $114 Billion Yukos Case to Be Announced Monday

By Jan Wolfe |

The potentially record-shattering arbitration award will be unveiled in London by former Yukos shareholders and their longtime counsel at Shearman & Sterling.

The 100 Best-Paid General Counsel—and What They Make

By Rebekah Mintzer |

It's quite a lot, it turns out, when you consider salary, bonus and nonequity incentive compensation. Our sister publication, Corporate Counsel, creates this list based on information publicly available in Fortune 500 companies' proxy statements.

Shearman's Winning Yukos Strategy

By Michael D. Goldhaber |

When they brought a $114 billion claim against Russia to trial, Yukos' lawyers decided to let the facts speak for themselves.

The Churn

The Churn: As DLA Turns, Plus More Lateral Moves

By Brian Baxter |

A flurry of moves at DLA Piper; a longtime Quinn Emanuel partner departs; and Bingham loses two more amid merger talks in our latest look at notable hires from throughout The Am Law 200.

The Churn

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

By Brian Baxter |

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

Spencer Barasch, the SEC's assistant enforcement director in Fort Worth, during the federal government's Enron-related trial of accounting giant Arthur Andersen in 2002.

Spencer Barasch Poised to Leave Andrews Kurth

By Brian Baxter |

The longtime head of Andrews Kurth's corporate governance and securities practice is preparing to leave the firm just weeks after it settled a malpractice case seeking $50 million in damages over its representation of an affiliate of convicted Ponzi schemer R. Allen Stanford.

An aerial view of downtown Tel Aviv, Israel.

Under Israel's Iron Dome, Another Law Firm Merger

By Brian Baxter |

Not even Israel is immune to market consolidation for legal services. This week Shibolet & Co., one of the country's largest law firms, picked up a seven-lawyer technology boutique in Tel Aviv as rockets rained down from Gaza on the nation's high-tech hub.

Gerry Schwartz, chief executive officer of Onex Corp.

Am Law Duo Leads on Onex's Insurance Business Boost

By Wenxiong Zhang |

Kirkland & Ellis and Fried, Frank, Harris, Shriver & Jacobson advised on the deal, in which a group of investors led by Onex will pay $1.33 billion to acquire York Risk Services from ABRY Partners.

John Edwards.

John Edwards Appears in Front of Jury Again—as Counsel

By Susan Beck |

Six years after the former U.S. senator from North Carolina destroyed his once-promising political career, Edwards is back in the courtroom as a trial lawyer, having reactivated his law license. He discusses his return to legal practice with staff writer Susan Beck.

Rupert Murdoch.

Am Law 100 Trio Advising on Murdoch's Time Warner Bid

By Brian Baxter |

Skadden, Arps, Slate, Meagher & Flom and Hogan Lovells are representing Rupert Murdoch's Twenty-First Century Fox on its $80 billion unsolicited takeover bid for Time Warner, which has rejected the offer. Cravath, Swaine & Moore is advising Time Warner on the matter. All three firms have long histories with the two media giants.

International IP Attorney Killed in Malaysia Airline Crash

By Valori Corral-Nava |

Dutch firm NautaDutilh is mourning the loss of John Allen, a well-regarded patent attorney who had been with the firm for 18 years. Allen, his wife and three sons were among the 298 people killed aboard Malaysia Airlines Flight 17, which was struck down by a missile over war-torn Ukraine last week.

Four Firms Advise on Chemical Companies' Merger

By Alexandra Wilson |

Shearman & Sterling, Troutman Sanders, Kelley Drye & Warren and Simpson Thacher & Bartlett advised in Albemarle Corporation's acquisition of Rockwood Holdings.

Yukos oil company chief executive officer Mikhail Khodorkovsky (R) stands behind a glass wall at a courtroom in Moscow, on December 29, 2010.

Yukos Majority Shareholders Hit a $50 Billion Gusher

By Michael D. Goldhaber |

A tribunal in The Hague held the Russian Federation liable for $50 billion, finding that it bankrupted the country's largest oil producer to plunder the company's assets.

Richard Levy

Jenner & Block Wields RICO to Reach Landlord Settlement

By Vinayak Balasubramanian |

Jenner & Block took 
a law designed to combat the mob and turned it against New York landlord Pinnacle Group. As a result, as many as 22,000 tenants now have access to a streamlined claims process that lets them seek reimbursement from Pinnacle for alleged rent overcharges, harassment and interference in tenancy rights.

Am Law Trio Advises on CIT's $3.4 Billion Buy of OneWest

By MP McQueen |

Wachtell Lipton, Rosen & Katz; Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell took the lead on CIT Group's acquisition of OneWest Bank's parent, IMB Holdco LLC, moving the commercial lender into consumer banking.

Four Firms Advise on Latest Deal Arising From North America’s Energy Boom

By Brian Baxter |

Foley & Lardner, Dorsey & Whitney and leading Canadian firms Miller Thomson and Stikeman Elliott are advising on a $3.8 billion oil and gas merger that will create the largest producer in North Dakota's lucrative Bakken Shale formation.

Employees of the Russian oil company Yukos working at an oil well in the Tyumensk region of Russia in August 2003.

Yukos Scores $50 Billion Arbitration Victory Against Russia

The $50 billion ruling against Russia is certainly the largest in arbitration history. And it may stand as the largest litigation victory ever. Here's everything you need to know about the world's most high-stakes business dispute.

From left, Shay Dvoretzky of Jones Day, Michael Levinson of Seyfarth Shaw, and Joel Miller of Miller & Wrubel.

Ground Shifts Under Howrey's Unfinished Business Claims

By Julie Triedman |

Armed with two recent wins, Shay Dvoretzky of Jones Day is going up against the Howrey estate on Tuesday as its trustee tries to claw back profits owed from unfinished matters that former partners took with them when they joined other firms.

AK Steel in Mansfield, Ohio

Russian Steelmaker Sells U.S. Plants for $2.3 Billion

By MP McQueen |

Skadden, Arps, Slate, Meagher & Flom is representing OAO Severstal in the sale of its North American subsidiaries to U.S. competitors Steel Dynamics Inc. and AK Steel Holding Corp. Weil Gotshal & Manges is advising AK Steel while Fort Wayne, Ind.-based Barrett & McNagny is counseling Steel Dynamics.

Whirlpool Corp. washing and drying machines are displayed for sale at a Howard's Appliances Inc. store in Torrance, California.

Cleary, Paul Hastings Advise on Whirlpool Acquisition

By Valori Corral-Nava |

The world's leading manufacturer of home appliances will acquire a 60.4 percent stake in Italian appliance maker Indesit, allowing it to expand its reach in the European market.

NCAA president Mark Emmert.

Latham Reaps Benefits From NCAA's Myriad Legal Issues

By Brian Baxter |

A tax filing released this week by the National Collegiate Athletic Association, the embattled governing body for college sports, shows the big money it paid to Latham & Watkins during its most recent fiscal year.