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The Churn

Three Firms See Departures Continue, Plus More Lateral Moves

By Brian Baxter |

McKenna Long & Aldridge, O’Melveny & Myers and Pillsbury Winthrop Shaw Pittman see more partners peel away; a former Bingham McCutchen tax partner rejoins her former colleagues at Morgan, Lewis & Bockius; a Latham & Watkins antitrust litigator launches her own boutique; and other notable moves from throughout The Am Law 200.

Survey: Firm Leaders Say Overcapacity Is Hurting Profitability

By Nell Gluckman |

Altman Weil's seventh annual survey of law firms reveals that most have not bounced fully back since the Great Recession. Among the biggest challenges facing big firms today are overcapacity, new sources of competition and aging partners who don't have solid succession plans.

Tom Brady

Morgan Lewis, Winston & Strawn Enter NFL's Deflategate Drama

By Brian Baxter |

The fiasco surrounding underinflated footballs in a key National Football League playoff game earlier this year continues to draw more high-powered Am Law 100 lawyers, including a pair of litigators from Morgan, Lewis & Bockius and Winston & Strawn that previously worked at now-defunct firms, in the aftermath of a controversial investigative report released last week by Paul, Weiss, Rifkind, Wharton & Garrison.

Locke Lord Partner and Baseball Team Owner Dies Suddenly

By Brian Baxter |

James Skeffington, an Edwards Wildman Palmer-turned-Locke Lord partner in Providence who earlier this year led an ownership group that bought the top minor league team of Major League Baseball’s Boston Red Sox, died from a heart attack while jogging over the weekend.

Orrick Introduces New Parental Leave Policy For Working Moms

By Julie Triedman |

Hoping to "crack the code" about how to best attract and retain women lawyers, Orrick, Herrington & Sutcliffe is rolling out what its leaders say is among the most generous parental leave programs at any major U.S. firm.

From left with hands folded: Dewey LeBoeuf attorneys Stephen DiCarmine; Zachary Warren; Joel Sanders; and Steven Davis are led into court.

Jury Selection Completed for Dewey & LeBoeuf Criminal Trial

By Nell Gluckman |

A panel of 12 jurors and eight alternates were selected for the trial of three former leaders of now-defunct Dewey & LeBoeuf.

Cadwalader Partner Arrested for Disorderly Conduct

By Nell Gluckman |

Mecklenburg County police in North Carolina arrested Cadwalader, Wickersham & Taft capital markets partner Robert Ughetta on Sunday, charging him with disorderly conduct and resisting a public officer. Ughetta is based in New York and Charlotte.

Pressure Drop at Paul Hastings: E-Discovery Expert Has Reggae Past

By Nell Gluckman |

Thomas Barnett, an electronic discovery expert who joined Paul Hastings as special counsel last year, once led a very different life as a professional saxophone player. At the peak of his musical career, Barnett toured with reggae band Toots and the Maytals, before heading on to law school.

Cravath Bankruptcy Partner Departs for Jenner & Block

By Nell Gluckman |

In a rare lateral move, Richard Levin is leaving Cravath, Swaine & Moore after almost eight years to join Jenner & Block’s restructuring practice. Levin was an author of the 1978 U.S. Bankruptcy Code and recently helped save the Detroit Institute of Arts during the Motor City’s historic bankruptcy proceedings.

The Churn

Accounting Firm’s Legal Arm Expands in London, Plus More Lateral Moves

By Brian Baxter |

EY Legal, the legal services unit of accounting giant Ernst & Young, launches a financial regulatory practice in London with 12 lawyers from two Am Law 100 firms; Foley Hoag opens in New York; a senior Wilmer partner goes in-house; a Cravath partner departs; more machinations at McKenna Long & Aldridge; and other notable additions from throughout The Am Law 200.

Sidley Austin Snags Simpson Thacher's LA Leader

By Brian Baxter |

Daniel Clivner, managing partner of Simpson Thacher & Bartlett’s Los Angeles office, is poised to leave the firm to open a Century City office for Sidley Austin as the latter prepares to celebrate its 35th anniversary in the city. Clivner, 51, will serve as co-head of Sidley’s Los Angeles outposts.

Greenberg Traurig Grabs Cadwalader Energy Leader

By Brian Baxter |

Gregory Lawrence, the former co-head of Cadwalader, Wickersham & Taft’s renewables practice and head of its energy regulatory group, has joined Greenberg Traurig as a partner in Boston and Washington, D.C. Lawrence came to Cadwalader more than four years ago when the firm announced plans for a Houston office.

Am Law 200 Partner Apologizes, Then Resigns, After Sexting Intern

By Brian Baxter |

John Diehl Jr., a real estate development and construction partner at Husch Blackwell who joined the firm's St. Louis office last fall from Armstrong Teasdale, resigned as speaker of Missouri's House of Representatives less than 24 hours after publicly apologizing for sexually charged text messages he exchanged with a college freshman intern.

Deadlines for Global Legal Awards, Litigation Departments of the Year Submissions

The American Lawyer is seeking nominations for its annual Global Legal Awards and Litigation Departments of the Year.

Singapore

Dentons Shuttering Singapore Office on Heels of Dacheng Combination

By Jennifer Henderson |

The global legal giant will close its banking and finance outpost in Singapore as a result of its tie-up with China's Dacheng, a union that creates the world's largest law firm with 6,600 lawyers.

The Churn

Musical Chairs at Squire Patton Boggs, Plus More Lateral Moves

By Brian Baxter |

As the one-year anniversary of the firm’s creation draws near, several more Squire Patton Boggs partners seek new homes; Baker & Hostetler brings on roughly 30 lawyers from McKenna Long & Aldridge ahead of the latter’s June 1 merger with Dentons; Boies, Schiller & Flexner bags another federal prosecutor; Greenberg Traurig grows in Poland; and more notable hires from throughout The Am Law 200.

Legal Services Gains 2,300 Jobs in April, But Industry Layoffs Continue

By MP McQueen |

The number of individuals employed in the legal services industry increased in April, despite a recent spate of staff reductions at Am Law 200 firms. Proskauer Rose became the latest to join those making cutbacks.

The American Lawyer Announces Transatlantic Legal Awards Finalists for 2015

By Brian Baxter |

The American Lawyer announced this week the finalists of its 2015 Transatlantic Legal Awards. These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm innovation, commitment to pro bono, outstanding transatlantic strategy and in-house leaders.

Dealmakers of the Week: Matthew Hurd and Krishna Veeraraghavan of Sullivan & Cromwell

By Jennifer Henderson |

Matthew Hurd, co-head of the firm’s health care and life sciences group, and M&A lawyer Krishna Veeraraghavan, who made partner in 2011.

London skyline

Gateley First Major U.K. Law Firm to Tap Public Markets

By Brian Baxter |

Following in the footsteps of Australia’s Slater & Gordon, regional midmarket British firm Gateley is planning a potential listing on the London Stock Exchange’s Alternative Investment Market. The future float would value Birmingham, England-based Gateley at roughly $210 million.

DLA Piper Debuts Noble Street Advisory Arm

By Jennifer Henderson |

The global legal giant has announced the creation of a London-based M&A and corporate finance consulting business to focus on entertainment, media, technology and sports ventures.

Another Las Vegas Mainstay Sees Defections Amid Changing Landscape

By Nell Gluckman |

More than 12 key attorneys are leaving the Las Vegas shop Gordon Silver this week to form their own firm. The departures come just five months after another Nevada mainstay, Lionel Sawyer & Collins, closed its doors amid partner defections.

Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

By Jennifer Henderson |

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

Dentons to Develop New Technologies Through NextLaw Labs

By Jennifer Henderson |

The firm on Monday unveiled NextLaw Labs, a wholly owned subsidiary through which Dentons will invest in and develop technologies so that attorneys can deliver services to their clients "better, cheaper, faster," according to Dentons global chairman Joseph Andrew.

Paul Hastings’ São Paulo Hire Sticks With Allen & Overy

By Nell Gluckman |

About two months after Paul Hastings announced that it would open a São Paulo office with three laterals from Allen & Overy, one of those partners has decided to stay put. Bruno Soares, the only one of the three who is actually based in Brazil, will remain with Allen & Overy.

Greenberg Traurig Adds Two Real Estate Teams in Warsaw

By Nell Gluckman |

The additions come from Allen & Overy and Norton Rose Fulbright and bring Greenberg Traurig's attorney count in Warsaw to 80, with 30 lawyers working in the region's real estate industry.

The Churn

Gordon Silver’s Last Name Partner Departs, Plus More Lateral Moves

By Brian Baxter and Nell Gluckman |

Dickinson Wright hires a name partner from struggling Las Vegas legal mainstay Gordon Silver; Jones Day hires a Kelley Drye & Warren practice leader; Sidley Austin snags two partners in Houston and Singapore; and more notable hires from throughout The Am Law 200.

Dealmaker of the Week: Frederick Green of Weil, Gotshal & Manges

By Jennifer Henderson |

Frederick Green, co-chair of Weil, Gotshal & Manges’ transactions practice, took the lead for Verizon Communications on its $4.4 billion acquisition of AOL.

Richards Kibbe Managing Partner Jumps to Patterson Belknap

By Jennifer Henderson |

Craig Newman, former co-managing partner of Richards Kibbe & Orbe, has made the move to fellow New York-based firm Patterson Belknap Webb & Tyler. Newman will serve as a partner in Patterson Belknap's litigation department and will lead its privacy and data security practice.

A Long Road Back to Cravath

By Brian Baxter |

Cravath, Swaine & Moore, which experienced a rare lateral partner departure earlier this month, has brought back a former associate in Joseph Adams. Most recently the managing partner of Crowell & Moring’s New York office, Adams returns to Cravath as a senior attorney in its corporate group.