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The Am Law 100, the Early Numbers: Latham Gives Bob Dell a Spectacular Sendoff

By Michael D. Goldhaber |

In Robert Dell’s final year as global chair, Latham & Watkins posted a record-high in gross revenue by hitting the $2.6 billion mark, as profits per partner, revenue per lawyer and net income also saw big gains.

Ex-Bryan Cave Partner's Suicide Mars Missouri Gubernatorial Race

By Brian Baxter |

Thomas Schweich, a former Bryan Cave partner serving as Missouri’s state auditor, died of a self-inflicted gunshot wound to the head at his home last week in the St. Louis suburb of Clayton. Schweich's death came a month after he entered the state's Republican race for governor in 2016.

The Am Law 100, the Early Numbers: Paul Hastings’ Revenue Surpasses $1 Billion

By Nell Gluckman |

Paul Hastings’ gross revenue passed surpassed $1 billion mark, with gross revenue increasing by 6.3 percent, revenue per lawyer growing by 8 percent and partner profits and partner profits increasing by 8.5 percent. At the same time, the firm’s total number of lawyers was down by 16, though the number of partners increased by seven.

Vancouver, British Columbia

DLA Piper Breaks Into Canada With Davis Merger

By Julie Triedman |

A year after its bid to merge with now-defunct Canadian firm Heenan Blaikie fell through, DLA Piper has found a partner up north in Davis LLP, a 260-lawyer midtier firm based in Vancouver. The combination, effective in April, marks the latest combination of a U.S.-based global firm with one in Canada.

David Boies

David Boies Dabbles in Hollywood Through Film Company

By Nell Gluckman |

About three years ago, the chairman and founder of Boies, Schiller & Flexner teamed up with Zack Schiller, son of the firm's other founder, Jonathan Schiller, to create the Boies/Schiller Film Group, which is set to release "Jane Got a Gun," starring Natalie Portman and Ewan McGregor, on Sept. 4.

Baker & McKenzie's Chairman Eduardo de Cerqueira Leite

The Toughest Job in Big Law?

By Douglas McCollam |

Long-haul flights. Time zone shifts. Calls and emails around the clock. When did the job of managing partner become so grueling?

The Churn

Greenberg Traurig Grows in Chicago, Plus More Lateral Moves

By Brian Baxter |

A Chicago boutique is absorbed by Greenberg Traurig; a Gibson Dunn practice leader heads out on his own; Sidley Austin and Steptoe & Johnson each add a trio; and other notable hires from throughout The Am Law 200.

The Am Law 100, the Early Numbers: Gibson Dunn's Steady Growth Continues

By Scott Flaherty |

Continuing a trend of modest financial growth, Gibson, Dunn & Crutcher posted gross revenue of $1.466 billion in 2014, up 5.7 percent from the previous year, with profits per partner coming in at $3.05 million, a 3.4 percent increase. Revenue per lawyer inched up 1.3 percent, to $1.22 million last year, from $1.2 million in 2013.

CNN’s New 'Above the Law' Series Rankles Legal Blog

By Nell Gluckman |

CNN has published an online series on government debt collection called "Above the Law." But Elie Mystal, editor at large for the publisher of a popular legal blog by the same name, says: Not so fast. Mystal has turned to its readership of legal professionals to draft cease-and-desist letters to CNN as it tries to defend its trademark.

Joe Leccese

Surge in Sports Megadeals a Boon to Proskauer, Others

By Brian Baxter |

Sports law may be a niche, but with today's deals worth billions of dollars, it's March Madness out there.

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

The Inside Story of Dentons' Combination with Dacheng

By Julie Triedman |

In its boldest move yet, the verein is betting big on the Chinese economy.

The Churn

Ropes & Gray Ramps Up in Data Security, Plus More Lateral Moves

By Brian Baxter |

A data privacy expert joins Ropes & Gray on the West Coast; a former Bingham McCutchen practice leader lands at Mayer Brown; Epstein Becker & Green's 15-lawyer raid lands it an office in Princeton; Cleary Gottlieb hires a former Sullivan & Cromwell tax partner and other notable moves from throughout The Am Law 200.

The Am Law 100, the Early Numbers: Willkie Farr Achieves Personal Best in 2014

By MP McQueen |

M&A and private equity work helped Willkie Farr & Gallagher's partner profits rise 14.5 percent to $2.56 million last year. Gross revenue also increased 14.5 percent, to $640 million, while revenue per lawyer jumped 8.5 percent, to $1.155 million. All three totals marked record highs for the firm.

Charles Mulaney and Michael Hatchard

Dealmakers of the Week: Charles Mulaney Jr. and Michael Hatchard of Skadden

By Jennifer Henderson |

Skadden, Arps, Slate, Meagher & Flom's Mulaney and Hatchard led the way for Broomfield, Colorado-based Ball Corp. in its $6.8 billion acquisition of fellow can maker Rexam PLC.

UNC-Chapel Hill Turns to Skadden for Ongoing Litigation

By Nell Gluckman |

A Skadden, Arps, Slate, Meagher & Flom team led by litigation partner Patrick Fitzgerald will represent the University of North Carolina at Chapel Hill in litigation, accreditation and regulatory matters resulting from a 2014 investigation by Cadwalader, Wickersham & Taft attorneys that revealed two decades of academic fraud at the university.

David Cornwell

Leading Sports Lawyer Joins Barnes & Thornburg

By Brian Baxter |

Wm. David Cornwell Sr., a prominent litigator in the sports world with a stable of all-star clients, is leaving Gordon Rees Scully Mansukhani for Barnes & Thornburg. Gordon Rees, which acquired Cornwell’s Atlanta-based firm three years ago, sued former Cornwell client Alex Rodriguez last week for $380,000 in legal fees stemming from his representation of the New York Yankees star last year.

The Am Law 100, the Early Numbers: Shearman Builds on Breakout 2013

By Michael D. Goldhaber |

Shearman & Sterling climbed another rung up the profitability ladder in 2014, boosting profits per partner by 5.8 percent, from $1.8 million to about $1.9 million last year. The firm recorded more modest increases of 1.5 percent in revenue per lawyer and 3 percent in gross revenue.

The Am Law 100, the Early Numbers: Milbank Sees Spike in Revenue, Profits

By Susan Beck |

For the second straight year, Milbank, Tweed, Hadley & McCloy produced significant growth in revenue and profits. Gross revenue in 2014 was up 7.8 percent, to $761 million, while revenue per lawyer rose 3.8 percent, to $1.24 million. Profits per partner increased 7 percent, to $2.745 million, on net income of $395 million, an increase of 12.4 percent.

The Am Law 100, the Early Numbers: Shook Hardy's Partner Profits Take Another Dip

By MP McQueen |

The Kansas City, Missouri-based firm posted a 3 percent decline in PPP in 2014 while gross revenue grew 2.4 percent. Revenue per lawyer declined 1.4 percent and the firm added 18 attorneys to its head count. Shook Hardy's financial results come amid an announcement Tuesday that it would absorb Chicago-based complex commercial litigation boutique Grippo & Elden.

McKenna Long, Dentons Looks to Merge Again

By Brian Baxter |

A little more than a year after a potential union between Dentons and McKenna Long & Aldridge fell through, the two Am Law 100 firms are once again examining the possibility of combining operations.

The Am Law 100, the Early Numbers: Kaye Scholer Grows PPP While Shrinking Head Count

By MP McQueen |

Kaye Scholer's profits per partner increased a modest 1.8 percent in 2014 while revenue per lawyer grew 5.2 percent. Gross revenue, however, declined for the fourth consecutive year, dipping 1.3 percent to $375 million. The firm was able to increase partner profits and RPL by cutting expenses and reducing head count.

The Am Law 100, the Early Numbers: Nixon Peabody’s Revenue Dips, But Partner Profits Climb

By Jennifer Henderson |

Nixon Peabody, which earlier this month absorbed a 100-lawyer Chicago firm, saw gross revenue and net income slip slightly in 2014, but profits per partner rose 7 percent.

The Am Law 100, the Early Numbers: Kasowitz's Revenues Get Big Bounce From FHFA Settlements

By Scott Flaherty |

After taking a hit in 2013, the litigation-focused Kasowitz, Benson, Torres & Friedman saw its gross revenue grow 14.6 percent in 2014 as the firm finalized two massive mortgage-backed securities settlements on behalf of the U.S. Federal Housing and Finance Agency.

Law Firms to Form Cybersecurity Alliance

By Christine Simmons and Nell Gluckman |

As pressure to strengthen defenses against security breaches increases, at least five firms—Sullivan & Cromwell, Debevoise & Plimpton, Paul Weiss Rifkind Wharton & Garrison, Allen & Overy and Linklaters—are working to form an alliance that would allow them to ultimately share information with each other about cyber threats and vulnerability.

The Churn

Milbank Adds Euro Trio, Plus More Lateral Moves

By Brian Baxter |

Milbank expands in London and Frankfurt; Gordon Rees Scully Mansukhani loses a top sports lawyer, but picks up more than a dozen others in Pittsburgh; Barclays and Deutsche Bank raid big firms for two in-house legal chiefs; Cadwalader brings on a top federal prosecutor; and other notable additions from throughout The Am Law 200.

The Churn

Fried Frank and Paul Hastings Poach IP Heads, Plus More Lateral Moves

By Brian Baxter |

Patterson Belknap and Shearman & Sterling lose a pair of IP practice leaders; Cadwalader rebuilds in Houston; more Bingham McCutchen refugees find new homes; and other notable hires from throughout The Am Law 200.

Latham, Munger Lead on Latest NFL Stadium Plan

By Brian Baxter |

The National Football League left Los Angeles in 1995, but if the league's San Diego Chargers and Oakland Raiders have their way, the two franchises will play in a new $1.7 billion stadium just south of the city’s downtown in Carson, California. The privately financed project, announced by both teams Friday, has led to roles for at least two Am Law 100 firms.

Dealmaker of the Week: Alison Ressler of Sullivan & Cromwell

By Jennifer Henderson |

A corporate partner at Sullivan & Cromwell, Ressler advised Valeant Pharmaceuticals International Inc. in its $10.1 billion acquisition of Raleigh, North Carolina-based Salix Pharmaceuticals Ltd.

Deal Watch: Sullivan & Cromwell Advise Valeant on $10.1 Billion Buy of Salix

By Jennifer Henderson |

Our latest roundup of deals worth $1 billion or more includes Valeant Pharmaceuticals International Inc.’s purchase of Salix Pharmaceuticals Ltd. for $10.1 billion; Asahi Kasei Corp.’s buy of Polypore International Inc. in a deal valued at $3.2 billion; and a merger between silicon producers Grupo FerroAtlántica and Globe Specialty Metals Inc. for a combined value of $3.1 billion. Latham & Watkins advised on the most number of deals, with four, while Sullivan & Cromwell led the way in terms of transaction value.

O’Melveny Smoothes Way for Title Bout Between Pacquiao, Mayweather

By Brian Baxter |

Manny Pacquiao and Floyd Mayweather Jr., have agreed to a May 2 bout that could generate $400 million in gross revenue, making it the richest boxing match in history. O’Melveny & Myers represented Pacquiao and Top Rank Boxing—a boxing promotional company headed by a Harvard Law School graduate that just hired its new general counsel from the firm—on the deal, which comes after years of legal machinations between both fighters.