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Ashley Madison Owner Taps Am Law Firms Amid Massive Hack

By Jennifer Henderson |

DLA Piper, Barnes & Thornburg and Stikeman Elliott have been retained by Toronto-based Avid Life Media, owner of AshleyMadison.com, a controversial online dating and social networking service that has been targeted by hackers.

HANGZHOU, CHINA - AUGUST 24:  (CHINA OUT) An investor watches the electronic board at a stock exchange hall on August 24, 2015 in Hangzhou, China. Chinese shares plunged on Monday with the benchmark Shanghai Composite Index down 297.84 points, or 8.49 percent, to close at 3,209.91. The Shenzhen Component Index fell 931.76 points, or 7.83 percent, to close at 10,970.29.

Law Firms Eye Global Market Turmoil, China Plunge

By Susan Beck |

China's stock tumble, with its nerve-rattling aftershocks in the U.S., may cause law firms to further scrutinize their strategy in Asia.

Michael Garofola attends ABC's

A Lawyer's Search for Love on Reality TV

By Jennifer Henderson |

From Davis Polk to the Justice Department to … Bachelor in Paradise?

You Charged For What?! Red-Flag Bills

By Chris Johnson |

A cottage industry of billing auditors has emerged as clients gain access to vast quantities of billing data. Still, firms continue to submit dubious bills—like these.

Arab Bank headquarters in Amman, Jordan

Arab Bank Settlement Said to Be More Than $1 Billion

By Michael D. Goldhaber |

The framework of the settlement agreement was reached last week, days before a damages trial was to begin in the Eastern District of New York.

Herbert Smith Freehills Trainee Lawyer Murdered in London

By Brian Baxter |

Elizabeth Nnyanzi, a 31-year-old contract paralegal and aspiring attorney with global legal giant Herbert Smith Freehills, was found dead Friday evening at her home in London. On Monday, a 23-year-old mechanic was charged with her killing.

Quinn Emanuel Co-Founder Joins Davis Wright

By Brian Baxter |

David Quinto, one of the first partners at Quinn Emanuel Urquhart & Sullivan until leaving the litigation powerhouse last year, is headed to Davis Wright Tremaine with Scott Commerson. The two Quinn Emanuel alums hope for referrals from their former colleagues.

Your Clients Want Alternative Fees: Is Your Firm Ready?

By Chris Johnson |

The billable hour may rule for now, but alternative fee arrangements are being used in almost every type of legal work, even in the largest transactions and disputes. Clients say they like the predictability; some firms are openly resistant. Who will win?

Remembering White House Rejects Who Shaped Big Law

By Nell Gluckman |

One thing is certain about the 2016 presidential race: It’s going to leave a lot of former Republican candidates looking for something to do. Luckily they’ve got some role models.

Growing German Market Spurs Latest Latham Lateral Raid

By Julie Triedman |

In the the latest example of U.S. firms with merit-based compensation systems poaching from their lockstep Magic Circle rivals, Latham & Watkins has hired another partner in Germany from Clifford Chance.

The Churn

Ropes Reels in Cybersecurity Pros, Plus More Lateral Moves

By Brian Baxter |

Two top data privacy and security partners leave McDermott Will & Emery for Ropes & Gray; Latham & Watkins hires again from Clifford Chance in Germany; and more notable additions from throughout The Am Law 200.

Dacheng founder Peng Xuefeng and Dentons global chair Joseph Andrew at a signing ceremony in Beijing

Dentons Leaders Assess Market Ahead of Dacheng Deal

By Susan Beck |

Dentons global chairman Joe Andrew and global CEO Elliott Portnoy said market unrest can sometimes be good for business.

The Churn

K&L Gates Grows Despite Losses, Plus More Lateral Moves

By Brian Baxter |

K&L Gates offsets a series of partner departures with hires in Dallas and Asia; Ashurst brings back a private equity pro from Skadden; Boies Schiller bags one from Cravath; a McKenna Long founder decamps; and other notable additions from throughout The Am Law 200.

Dewey & LeBoeuf's offices in Manhattan, before the firm's collapse in 2012.

Bank Exec Describes Pulling Plug on Dewey & LeBoeuf Loans

By Julie Triedman |

As the Dewey criminal trial continues, a senior vice president for Wachovia’s legal banking business chronicled the bank’s decision to end its lending relationship with the firm in 2010.

Steven Davis, Joel Sanders and Stephen DiCarmine during a break May 26, the first day of the Dewey & LeBoeuf trial.

Ex-Dewey & LeBoeuf GC Testifies About Firm's Accounting

By Christine Simmons |

Janis Meyer, a former general counsel at Dewey & LeBoeuf and current professional ethics and responsibility partner at Hinshaw & Culbertson in New York, testified Thursday in the Dewey & LeBoeuf criminal trial.

Dewey Witness Says She Never Intended to Defraud

By Nell Gluckman |

A cooperating witness testified Tuesday that she didn’t believe the accounting adjustments she made at Dewey & LeBoeuf were fraudulent. Plus: Lawyers argue over stickers, and jurors learn about a dog named Fluffy.

Midlevel Associates, In Demand and Loving It

By MP McQueen |

Most respondents said they were billing more and commanding higher rates.

From left, defendants Steven Davis, Stephen DiCarmine and Joel Sanders enter court on Thursday.

Ex-Dewey & LeBoeuf Leaders Move to Toss Charges as Prosecution Rests

By Nell Gluckman |

Lawyers for Dewey & LeBoeuf’s former leaders say the state failed to provide enough proof to convict their clients.

2015 Lifetime Achievers, Law Firm Leaders Announced

By Am Law Daily Staff |

The American Lawyer honors eight longtime lawyers with distinctive careers and a commitment to public service. Three others are recognized for extraordinary talents managing their firm.

Steven Davis, Joel Sanders and Stephen DiCarmine during a break May 26, the first day of the Dewey & LeBoeuf trial.

Dewey Defense: GC Kept Mum as Firm Wooed Investors

By Julie Triedman |

Defense attorneys chipped away Monday at potentially damaging testimony by a former Dewey & LeBoeuf general counsel, casting her as an insider who failed to share material information with investors in a firm bond offering when she had the chance.

One International Place

After Bingham Bolt-On, Morgan Lewis Subleases Unused Space

By Brian Baxter |

Less than a year after agreeing to absorb the bulk of Bingham McCutchen, Morgan, Lewis & Bockius has agreed to sublease space in Boston that it agreed to move into last year, before its combination with the former was finalized in January.

Baker & McKenzie Drops Behind DLA Piper as Gross Revenue Leader

By Chris Johnson |

Baker & McKenzie, having lost its position as the world’s largest-grossing law firm earlier this year to Latham & Watkins, has now slipped behind second-ranked global rival DLA Piper after announcing declines in both revenue and profit.

After Jones Day Raid, Greenberg Traurig Rebuilds Mexico City Outpost

By Julie Triedman |

The Miami-based Am Law 100 is the latest to ramp up its operations in Mexico, picking up the co-founders of Mexico City’s Orrantia y Robles and a Jones Day labor law expert. The hires come two months after Jones Day hired Greenberg Traurig’s local managing partner.

Deal Watch: 'Female Viagra' Spawns More Skadden, S&C Deal Work

By Jennifer Henderson and Nell Gluckman |

Sprout Pharmaceuticals didn't have to wait long for a big-name buyer to spring big bucks for the nascent drug developer. Sullivan & Cromwell took the lead for the company, founded in 2011, on its $1 billion sale this week to longtime Skadden, Arps, Slate, Meagher & Flom client Valeant Pharmaceuticals International.

Lawyers Spar Over Cause of Dewey & LeBoeuf's Demise

By Nell Gluckman |

Jurors in a New York criminal court were presented Tuesday with conflicting stories about the timing and circumstances that led to the downfall of Dewey & LeBoeuf during the testimony of Janis Meyer, the firm's former general counsel.

Covington, Plaintiffs Lawyers Reprise Roles in Duke 'No-Poach' Case

By Jennifer Henderson |

Months after a California federal judge approved a $415 million antitrust class action settlement to resolve Silicon Valley antitrust claims, many of the same lawyers are squaring off in a parallel case involving university medical faculty.

Dewey & LeBoeuf NYC

Jury Hears Conflicting Views of Dewey & LeBoeuf Accounting

By Christine Simmons |

As they prepare to rest their case, prosecutors in the criminal trial of three former Dewey & LeBoeuf executives called to the stand a forensic accounting consultant who testified that accounting adjustments each year lifted net income by tens of millions of dollars.

To Win Clients, Mintz Levin Partner Hits the Waves

By Nell Gluckman |

Surfing IP lawyer (and pun-enthusiast) James Cleary says his morning “board meetings” amid the waves give him credibility with clients.

Will Dewey Defendants Take the Stand?

By Julie Triedman |

With prosecutors in the Dewey & LeBoeuf criminal trial having rested their case, lawyers for the firm's former leaders will have to decide whether their clients should testify.

Ex-Davies Ward Partner Gets Hefty Fine for Inside Trades

By Scott Flaherty |

A Canadian securities regulator slapped ex-Davies Ward partner Mitchell Finkelstein with a nearly half-million-dollar fine for tipping off his former fraternity brother about upcoming deals.