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Key Bingham Group Mulling Move Amid Merger Talks

By Brian Baxter and Julie Triedman |

James Roome, a London-based managing partner, global financial restructuring cochair and executive board member at Bingham McCutchen, could lead an overseas exodus of international partners from the firm should it push forward with merger talks with Morgan, Lewis & Bockius. Roome's potential departure from Bingham would be a huge blow to the firm, which recently revamped its leadership structure and compensation system after a tough year financially in 2013.

Jerry Clements

Locke Lord, Edwards Wildman Sign Letter of Intent to Merge

By Brian Baxter |

The two Am Law 100 firms, both of which are no stranger to combinations, have tentatively agreed to push forward with a potential merger that would create Locke Lord Edwards, a 1,076-lawyer firm with offices in 23 cities.

The Churn

Jones Day Adds Two More Kirkland IP Litigators, Plus More Lateral Moves

By Brian Baxter |

The IP litigation exodus from Kirkland & Ellis continued this week as partners William Devitt and Matthew Hertko decamped for Jones Day in Chicago. The Am Law Daily has a look at those moves and more in our latest roundup of notable hires from throughout The Am Law 200.

Pay Gap Increases Between Equity and Nonequity Partners

By Ross Todd |

Meanwhile, a 47 percent gap between female and male partner pay isn't closing, says the new survey from Major, Lindsey & Africa.

Valerie Jacob.

Freshfields Poaches Fried Frank Capital Markets Team

By Brian Baxter |

Valerie Ford Jacob, the head of the capital markets group at Fried, Frank, Harris, Shriver & Jacobson, is leaving with partners Michael Levitt and Paul Tropp to join Magic Circle firm Freshfields Bruckhaus Deringer in New York. The moves are the latest high-profile lateral hires by Freshfields in the U.S.

business men in London

Bingham Loses Bulk of London, Frankfurt Offices to Akin

By Julie Triedman and Brian Baxter |

Akin Gump Strauss Hauer & Feld announced Wednesday morning that most of Bingham McCutchen's London and Frankfurt offices, along with a third of Bingham's Hong Kong office, will be joining the firm in one of the more high-profile mass lateral defections in recent memory.

Alan Levin and Jerry Clements

Locke Lord, Edwards Wildman Leaders Discuss Proposed Union

By Brian Baxter |

Edwards Wildman Palmer and Locke Lord firm leaders speak with The Am Law Daily about the forces that drew their firms together and the timeline for a combination that would create Locke Lord Edwards sometime by January 2015.

Proskauer Helps Keep Bills in Buffalo

By Brian Baxter |

In what could be the largest-ever sale of a National Football League team, Proskauer Rose is advising the estate of the late Ralph Wilson Jr. on its agreement to sell the Buffalo Bills to shale gas industry billionaire Terrence Pegula for a reported $1.4 billion. A handful of other regional and Am Law 100 firms also have roles related to the sale.

Four Am Law Firms Lead Way on Scandinavian M&A Deals

By Valori Corral-Nava |

Davis Polk, Jones Day, Sidley Austin and Wachtell Lipton advised on two cross-border M&A transactions with a northern European twist worth a combined $4.7 billion.

Choate Hall, Foley Hoag Bask in Summer Associate Glow

By MP McQueen |

Summer associates are generally a happy bunch. But some are happier than others, like those who spent the summer at Boston-based Choate Hall & Stewart, which tied with Foley Hoag for No. 1 in The American Lawyer's 2014 Summer Associates satisfaction survey.

Detroit Trial Elicits Unusual Apology From Kirkland, Syncora

By Susan Beck |

Less than a week after insurer Syncora dropped its opposition to Detroit's plan to emerge from Chapter 9 bankruptcy, the company and its lawyers at Kirkland issued an extraordinary public apology Monday for attacking the motives and good faith of the two mediators working on the city's reorganization.

Squire Patton Boggs Website Fails to Keep Up With Merger

By Julie Triedman |

Three-and-a-half months after Cleveland-based Squire Sanders and Washington, D.C.-based Patton Boggs' merger into Squire Patton Boggs went live, the firm still has a split identity online.

Peter Lyons.

Freshfields Bags M&A Bigwig From Shearman & Sterling

By MP McQueen |

The Magic Circle firm has hired Shearman's M&A partner Peter Lyons as it continues to boost its ranks in U.S. transactional work.

Criminal Charges Levied Against Dentons’ Ex-Montreal Tax Head

By Brian Baxter |

Constantine Kyres, who headed the tax group in Dentons’ Montreal office until earlier this year, has been accused of extortion and obstruction of justice by prosecutors in Canada as a result of a long-running corruption probe involving engineering giant SNC-Lavalin and the government of former Libyan dictator Muammar Gaddafi. But Kyres' lawyer plans to fight the charges.

Bingham, Morgan Lewis Strike Tentative Deal to Merge

By Brian Baxter |

Rumored for weeks to be mulling a potential union, the two Am Law 100 firms saw their leaders reach an agreement on a merger deal Friday that could create a 2,100-lawyer firm with offices in 28 cities. The potential combination, which does net yet include a letter of intent, comes after months of lateral partner departures at Bingham. The firm has gone through a leadership change as it seeks to rebound from a tough year financially in 2013.

The Churn

Sidley Snags Cam Kerry, Plus More Lateral Moves

By Brian Baxter |

Sidley Austin has hired Cameron Kerry, a former general counsel and acting secretary at the U.S. Commerce Department and younger brother of U.S. Secretary of State John Kerry, as senior counsel in Boston and Washington, D.C. The Am Law Daily looks at Kerry's hire and more in our latest roundup of lateral moves throughout The Am Law 200.

Large Law Firm Mergers Now Coming to Latin America

By Brian Baxter |

Spanish legal giant Uria Menendez, an alliance partner of Magic Circle firm Slaughter and May, has agreed to take a 30 percent stake in Latin America’s first major cross-border law firm merger between Chile’s Philippi Yrarrazaval Pulido & Brunner and Colombia’s Prietocarrizosa. The trio will form Philippi Prietocarrizosa & Uria, a 220-lawyer firm with offices in both countries.

A TRW employee working in an auto parts manufacturing facility.

Am Law 100 Trio Revs Up for Auto Parts Megamerger

By Brian Baxter |

Simpson Thacher & Bartlett and leading German shop Gleiss Lutz are advising Michigan-based TRW Automotive on its $11.74 billion sale to Germany’s ZF Friedrichshafen, advised by Sullivan & Cromwell. Gibson, Dunn & Crutcher is counseling another party to the deal, which if completed will create the world's second-largest auto parts supplier.

Two Am Law Firms Advise on General Mills' Organic Food Buy

By Jamille Sutton |

Faegre Baker Daniels is representing General Mills in its $820 million purchase of organic food company Annie's as the company looks to capitalize on the rapidly growing demand for organic and natural foods. Proskauer Rose is counseling Annie's.

The American Lawyer Names Global Legal Awards Grand Prize Winners

By Chris Johnson |

The American Lawyer announced Monday the winners of its Global Legal Awards grand prizes. In the climax of a thrilling event at Gotham Hall in New York City, four grand prizewinners were chosen from more than 270 nominations to be named as the year's best cross-border legal work across corporate, finance, disputes and citizenship.

Jones Day, Kirkland Advise on Eastman Chemical Buy

By MP McQueen |

The two Am Law 100 firms are handling Eastman Chemical Company's purchase of global specialty chemical company Taminco Corp. for $1.8 billion in cash, plus debt.

The Churn

Dentons' New LatAm CEO Eyes Mergers, Plus More Lateral Moves

By Brian Baxter |

Jorge Alers, a former head of the Latin American practice at two Am Law 100 firms and most recently general counsel for the Inter-American Development Bank, is on the lookout for potential combinations as the new CEO of Dentons' Latin American and Caribbean group. The Am Law Daily takes an in-house focused look at the latest round of notable hires from throughout The Am Law 200.

Am Law Firms Score on Slew of Financial Services Deals

By MP McQueen |

A handful of Am Law 100 firms took lead roles on recent deals in the financial services sector, including Wachtell, Lipton, Rosen & Katz; Willkie Farr & Gallagher; Skadden, Arps, Slate, Meagher & Flom; and Squire Patton Boggs.

Judge Dismisses Contract Attorney's Suit Against Skadden

By MP McQueen |

A federal judge in Manhattan threw out a lawsuit filed by David Lola, a former contract lawyer for Skadden, Arps, Slate, Meagher & Flom, who accused the firm and its legal staffing agency, Tower Legal Staffing, of violating federal overtime pay laws. Lola's attorney vows to appeal the ruling.

Xiaflex by Auxilium

Takeover Battle Highlights Skadden's Inversion Expertise

By Brian Baxter |

Four Am Law 100 firms are facing off in a $2.2 billion takeover fight involving Endo International's bid to acquire Auxilium Pharmaceuticals, a deal that would stymie a $345 million tax inversion deal forged by the latter this summer with Canadian biotechnology firm QLT. Skadden, Arps, Slate, Meagher & Flom, which is currently advising Auxilium, has also done inversion work for Endo.

Cognizant's Delivery Center in Kolkata.

Am Law Firms Advise on Pair of Health Care Mergers

By MP McQueen |

Monday was a big day for health care company mergers, with Latham & Watkins, Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom taking the lead on two deals with a combined value of nearly $5 billion.

Pearlridge Center, a mall owned by Glimcher Realty Trust and located in Aiea, Hawaii.

Am Law Firms Land Roles on Big Real Estate Deals

By Valori Corral-Nava |

A flurry of real estate transactions totaling $6.9 billion has yielded work for several Am Law 100 firms, including Simpson Thacher & Bartlett, Wachtell, Lipton, Rosen & Katz, Willkie Farr & Gallagher and Goodwin Procter.

Paul Hastings Helps Tate's Whip Up Private Equity Buyer

By Brian Baxter |

Thomas Kruger, a corporate partner with Paul Hastings in New York, earlier this month helped good friend Kathleen King sell her famous Tate's Bake Shop this week to private equity firm The Riverside Company. The deal marks the end of a long journey for King, who more than a decade ago lost the name to the company she founded in Southampton, N.Y.

Jones Day Continues Deal Spree with SAP's Concur Buy

By Brian Baxter |

German software giant SAP has turned to Jones Day and Paul, Weiss, Rifkind, Wharton & Garrison for its $8.3 billion acquisition of enterprise software company Concur Technologies. The deal is one of a handful of major software transactions announced so far this month and third major M&A mandate in a week for Jones Day.

The Churn

Freshfields Adds Four But Loses One, Plus More Lateral Moves

By Brian Baxter |

The Magic Circle firm's New York hiring spree continued, although one partner has left the London-based legal giant's office in Washington, D.C., for a top in-house job at Chevron. The Am Law Daily looks at those moves and more in our latest tally of notable hires from throughout The Am Law 200.