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Kirkland Leads on Blackstone's $1.2 billion Shale Buy

By Wenxiong Zhang |

The Blackstone Group will buy Royal Dutch Shell's 50 percent stake in a joint venture in Haynesville Shale. The acquisition marks yet another private equity deal led by corporate partner Andrew Calder, a former partner of Simpson Thacher & Bartlett, which has gone head-to-head with Kirkland & Ellis in that space.

Baker Botts represents 98-year-old trying to clear name

By Eric Burse |

Miriam Moskowitz, convicted of conspiracy during the McCarthy era, and her pro bono attorneys at Baker Botts say evidence shows that a key trial witness lied. They want her conviction thrown out.

The Global Lawyer: Cleary's Litigation Slump

By Michael D. Goldhaber |

In the past six months Cleary Gottlieb Steen & Hamilton litigators have lost a string of historic cases. Powerful entities routinely ask Cleary to push the envelope in international law. Lately it hasn't worked out well.

At Kirkland, Another Hire Amid Steady Stream of Departures

By Brian Baxter |

Kirkland & Ellis has hired again in Houston, adding former Baker Botts associate David Castro Jr. as a partner. But while the firm continues to make headlines on the transactional and lateral fronts, it's also dealing with the loss of more than 50 partners since the start of this year, many of whom have left its IP group.

The Churn

The Churn: Bingham Tax Duo Departs, Plus More Lateral Moves

By Brian Baxter |

Two more Bingham McCutchen partners depart in Washington, D.C., Jones Day loses two in the Midwest, Simpson Thacher & Bartlett hires in New York and other notable moves from throughout The Am Law 200.

Lawsuit-Palooza: Firms Embroiled in Real Estate Disputes, Case Conflicts

By MP McQueen |

Boies Schiller, Wachtell, Greenberg Traurig and Duane Morris are in the news. Plus, a new study says real estate and conflicts-of-interest cases are hot spots for firms.

Rob Manfred, chosen to be the next MLB commissioner, speaks at the owners' meeting at the Hyatt Regency in Baltimore on Thursday, Aug. 14, 2014.

Ex-Morgan Lewis Partner Named New Baseball Commish

By Brian Baxter |

Robert Manfred Jr., a former Morgan, Lewis & Bockius labor and employment partner currently serving as COO of Major League Baseball, beat out two rivals to emerge victorious in the race to replace Bud Selig as commissioner. Manfred, 55, will be the third former Am Law 100 lawyer to lead a major North American professional sports league. He and Morgan Lewis both have long-standing ties to America's favorite pastime.

The Churn

The Churn: Squire Patton Boggs and Ashurst Adjust Alliances, Plus More Lateral Moves

By Brian Baxter |

Ashurst and Squire Patton Boggs, two growing global legal giants that have recently gone the merger route, both reshuffled overseas alliances this week as the latter saw 23 lawyers in the Middle East decamp en masse, while the former was busy raiding two Am Law 100 rivals. The Am Law Daily looks at those developments and other notable hires from throughout The Am Law 200.

With BofA Settlement Comes Shift in Work for Firms

By Julie Triedman |

Thursday's record $16.65 billion settlement with Bank of America means a winding down of government action against big banks over residential mortgage-backed securities. But several lawyers say the pipeline for firms representing these banks will remain full, as governments worldwide take aim at foreign exchange rate-setting and Office of Foreign Assets Control investigations.

Six Firms Assist on Latest Health Care REIT Merger

By Brian Baxter |

Arnold & Porter, Sidley Austin, Shumaker Loop and a trio of leading Canadian firms are advising on a deal that will see Health Care REIT, the largest U.S. health care landlord by market value, acquire HealthLease Properties for $950 million. The transaction value could surge to $2.3 billion when accounting for sidecar deals with Mainstreet Property Group.

Citi Report: Firms See Continued Strength in Second Quarter

By John Wilmouth |

While demand growth slowed slightly, rates grew at modestly higher levels compared with the first three months of the year, according to a report by Citi Private Bank's Law Firm Group. Expense growth picked up but revenue gains remained higher, suggesting full-year profit margin growth.

A BHP Billiton iron ore mine.

Four Firms Digging Into BHP Billiton Breakup

By Brian Baxter |

Cleary Gottlieb, Herbert Smith Freehills, Slaughter and May and ENSafrica are advising on a proposed demerger by BHP Billiton of several noncore assets into a new global metals and mining company, effectively unwinding part of the 2001 megadeal that created the Anglo-Australian minerals and mining giant.

Andrea Neuman.

Inside Gibson Dunn's Winning Chevron Strategy

By Michael D. Goldhaber |

Through dogged detective work, the oil giant's lawyers pieced together the clues that pointed to fraud in an Ecuadorean court.

Michael Aiello.

Dealmaker of the Week: Weil's Michael Aiello

By MP McQueen |

Aiello led the way for Weil Gotshal & Manges’ legal team advising Kinder Morgan Inc. on its $44 billion deal to consolidate Kinder Morgan Energy Partners, El Paso Pipeline Partners and Kinder Morgan Management into the third-largest energy company in the U.S.

A River Runs Through It, Thanks in Part to Squire Partner

By Valori Corral-Nava |

This past spring, the Colorado River flowed its natural course to the Sea of Cortez for the first time in 16 years, thanks in part to Squire Patton Boggs and Arizona-based partner Peter Culp, who worked pro bono to help hammer out a landmark binational agreement between the U.S. and Mexico on the management of the Colorado River and its tributaries.

Diversity Scorecard: LGBT Lawyers at Big Law Firms

These 22 firms have the most self-reported lesbian, gay, bisexual or transgender lawyers among the Am Law 200, according to our annual survey.

Coca-Cola Quenches Thirst With $2.15 Billion Monster Buy

By Valori Corral-Nava |

Skadden, Cleary and Jones Day all advised on Coca-Cola's acquisition of a 16.7 percent stake in Monster Beverage Corporation in the hopes of boosting growth in the booming energy drink market.

John Tavares, Bruce Ratner, Charles Wang and Patrik Elias take the ceremonial faceoff before a preseason game at the Barclays Center on September 21, 2013 in Brooklyn, New York.

Katten, Kaye Scholer Skate to Islanders Sale

By Brian Baxter |

Kaye Scholer is counseling the National Hockey League's New York Islanders on its reported $548 million sale to an investor group advised by Katten Muchin Rosenman that will take full control of the franchise in two years. The deal comes a week after Andrew Barroway, a former high-flying Philadelphia plaintiffs lawyer turned hedge fund executive, retained Blank Rome to sue the Islanders' current ownership after it allegedly reneged on a handshake deal to sell him the team.

The Churn

The Churn: Simpson Thacher Raids Weil in London, Plus More Lateral Moves

By Brian Baxter |

Weil, Gotshal & Manges debt capital markets partner Gil Strauss has decamped for Simpson Thacher & Bartlett in London; Bank of America adds an Akin Gump partner; a Debevoise & Plimpton partner joins the U.S. State Department; and more notable moves from throughout The Am Law 200.

stacks of cash

Fee Tracker: Cooley Law, Bridgegate and Monkey Selfie

By Brian Baxter |

Miller Canfield reaps big bucks from the rebranded Thomas M. Cooley Law School; Gibson Dunn's legal bills in New Jersey's Bridgegate scandal break the $6 million mark; a look at what a trio of trade organizations are paying a handful of Am Law 100 firms and the Wikimedia Foundation's simian copyright campaign.

Real Estate Roundup: Big Firms Move to Smaller Spaces

By MP McQueen |

Law firms are trading down in square footage per attorney when they take out new leases, and increasingly are looking for flexible, more economical spaces in line with the corporate clients they serve, commercial real estate experts say.

Alston & Bird, Weil Advise on FleetCor's Comdata Buy

By Wenxiong Zhang |

FleetCor, a global provider of fuel cards and workforce payment products, has agreed to acquire Comdata Inc. from Ceridian LLC and Thomas H. Lee Partners for $3.45 billion in its largest deal ever.

A worker holds an Infineon Wafer in a production facility.

Kirkland, Freshfields, Fried Frank Advise on Infineon Buy

By Wenxiong Zhang |

German chipmaker Infineon Technologies AG has agreed to buy Silicon Valley-based International Rectifier Corp. in a $3 billion all-cash deal that would strengthen Infineon's regional presence and expand its economic scale in the power management technology business.

Dollar General in Vermillion, Ohio

Dollar General Ups Ante for Family Dollar Stores

By MP McQueen |

In the latest development involving the potential sale of Family Dollar Stores, Dollar General and its attorneys at Simpson Thacher & Bartlett have offered nearly $9 billion for the bargain store chain, trumping an earlier $8.5 billion bid by Dollar Tree.

Waupaca Foundry in Waupaca, Wisconsin

Bingham, Paul Weiss Help Unload World's Largest Iron Foundry

By Brian Baxter |

Japan's Hitachi Metals has agreed to pay $1.3 billion in cash to acquire Wisconsin's Waupaca Foundry, a key supplier to the automotive industry, from private equity firm KPS Capital Partners, a longtime client of Paul, Weiss, Rifkind, Wharton & Garrison. Bingham McCutchen, a firm that recently lost a founder of its Japanese practice, is advising Hitachi on the deal.

Lifetime Achievers, Distinguished Firm Leaders Named

By Valori Corral-Nava |

The honorees selected by The American Lawyer have had distinguished careers that include public service. Law firm leaders have exhibited extraordinary stewardship of their firm.

Miami Fort Station, located in North Bend, Ohio.

Am Law Firms Take Lead on Dynegy's Power Plan Purchase

By MP McQueen |

Dynegy Inc. will buy power plants and other assets from Duke Energy Corp. and private equity firm Energy Capital Partners in two separate deals worth a combined value of $6.25 billion. Skadden, White & Case, Bracewell & Giuliani and Latham & Watkins are all advising.

Cravath, Davis Polk Lead on Latest Big Drug Buy

By Brian Baxter |

In its biggest deal since its $46.8 billion takeover of Genentech in 2009, Swiss drug giant Roche has turned to Davis Polk & Wardwell for counsel on its $8.3 billion buy of suburban San Francisco-based lung disease drug developer InterMune, which is being advised by Cravath, Swaine & Moore and a Chicago IP boutique.

(From left to right) Reed Smith's Len Bernstein, Jim Mogan, Dana Janquitto, and Alexandra Sheedy-Rodriguez, with Will Rogers and Anthony Cucchi of The Trust for Public Land.

Reed Smith Helps Philadelphia Turn Concrete Into Green Space

By Alexandra Wilson |

The firm is offering its pro bono support to the Trust for Public Land to convert 10 schoolyards and recreation centers throughout Philadelphia into much-needed green space for the city's residents.

Berlin Packaging

Two Am Law Firms Advise on Oak Hill's $1.43 Billion Deal

By Alexandra Wilson |

Gibson Dunn and Paul Weiss provided legal counsel on private equity firm Oak Hill Capital Partners' acquisition of container maker Berlin Packaging LLC from Bahrain-based investment firm Investcorp Bank BSC.