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Another Kaye Scholer Practice Leader Heads to Hughes Hubbard

By Brian Baxter |

Robert Bell, co-head of Kaye Scholer’s antitrust practice in Washington, D.C., has joined Hughes Hubbard & Reed as a partner. Bell is the third practice leader to leave Kaye Scholer in recent weeks.

Infighting, Power Struggle Presaged Dewey & LeBoeuf’s Creation

By Nell Gluckman |

Inflammatory emails between executive committee members at legacy firm LeBoeuf, Lamb, Greene & MacRae were shown to the jury during the trial of three former firm executives who went on to top roles at Dewey & LeBoeuf, the 1,400-lawyer firm formed through a 2007 merger with Dewey Ballantine that filed for bankruptcy five years later.

Ex-Dewey Rainmaker Says Partners Asked to Forgo Half of Salary

By Nell Gluckman |

The ongoing testimony of Ralph Ferrara, a salaried partner and former rainmaker at Dewey & LeBoeuf, painted a picture of the firm’s downfall that seemed sympathetic to the defense. Ferrara said the decision of certain key partners to leave the firm as they became aware of its grim finances contributed to its eventual bankruptcy.

An Expensive Victory for the Beastie Boys

By Scott Flaherty |

The hip-hop group wins a copyright infringement case, but only gets a fraction of the legal fees it sought.

The Justice Gap: How Big Law Is Failing Legal Aid

By Susan Beck |

At best, the nation's biggest and wealthiest firms donate 0.1 percent of revenue to legal aid, an institution in crisis. Isn't it time for more of them to pledge serious money?

Ex-Dewey Finance Partner Recalls Fateful 2010 Bond Offering

By Julie Triedman |

Richard Shutran, the former co-head of Dewey & LeBoeuf’s corporate department who took the lead on a $150 million private placement by the firm, testified Thursday that he was never in the loop about its shaky financial situation.

The Churn

Sidley Hires Again in LA, Plus More Lateral Moves

By Brian Baxter |

A month after opening a second office in Los Angeles, Sidley Austin raids Paul Hastings for a real estate pro; Proskauer Rose picks up a regional private equity head from Baker & McKenzie; and other notable additions from throughout The Am Law 200.

Tom Brady

Gibson Dunn Takes the Field in Deflategate Appeal

By Jennifer Henderson |

Partner Andrew Tulumello joined Winston & Strawn’s Jeffrey Kessler on Tuesday to contest quarterback Tom Brady’s suspension.

Law Firm Investments Pay Off in $2.1 Billion Kythera Deal

By Jennifer Henderson |

Partner earnings are still making their way into client coffers through law firm investment funds—and firms are reaping both returns and deal work from their investment targets.

Defense Digs Deeper Into Emails Between Ex-Dewey Partners

By Nell Gluckman |

The defense counsel for three former Dewey & LeBoeuf executives accused of fraud and other crimes further dissected emails that were sent between partners on the executive committee of legacy firm LeBoeuf, Lamb, Greene & MacRae.

The Churn

Musical Chairs at Kirkland & Ellis; Plus More Lateral Moves

By Brian Baxter |

Kirkland snags a top London tax partner but loses three others; McKenna Long & Aldridge sees more lateral movement ahead of its deal with Dentons; Shearman & Sterling opens in Saudi Arabia; and other notable hires from throughout The Am Law 200.

The Churn

Paul Hastings Poaches Foursome, Plus More Lateral Moves

By Brian Baxter |

A leading structured finance team leaves Ashurst for Paul Hastings; a Quinn Emanuel associate development director moves on; Dentons closes on a combination; DLA Piper bolts on a boutique Down Under; and other notable hires from throughout The Am Law 200.

Dewey & LeBoeuf NYC

Ex-Dewey Senior Partner Says Probe News Scuttled Merger Deal

By Julie Triedman |

Defense lawyers for three former Dewey & LeBoeuf executives had some tough questions during their cross-examination of a former executive committee member from the now-defunct firm.

Former Law School Roommates Take Charge in Chicago

By Madeline Farber |

Rebecca Eisner and Lydia Kelley used to share mac and cheese dinners and cram for exams together. Now they oversee nearly 600 lawyers as managing partners of the Chicago offices of Mayer Brown and McDermott Will & Emery, respectively.

From Fitbit to Fogo de Chão, Big-Firm Lawyers Enjoying IPO Party

By Brian Baxter |

From Fitbit to Fogo de Chão, capital markets lawyers at Am Law 100 firms are reaping the benefits from a fresh round of initial public offerings, as June shapes up to be potentially the best month by volume for U.S. listings since 1999.

(From left) Stephen DiCarmine, Zachary Warren, Joel Sanders, and Steven Davis are led into court on Thursday March 6, 2014.

Former Dewey Financial Controller Testifies to Falsifying Records

By Nell Gluckman |

Ilya Alter, a former director of budgeting and planning at Dewey & LeBoeuf, admitted in testimony Tuesday in the criminal trial of three former firm executives that he helped falsify accounting records at the now-defunct firm. Alter is one of seven former Dewey & LeBoeuf employees who have agreed to cooperate with prosecutors in exchange for a lighter sentence.

South Carolina’s Nelson Mullins Joins Chorus On Confederate Flag

By Jennifer Henderson |

A week after the killings at Charleston’s Emanuel African Methodist Episcopal Church, one of the state’s oldest and largest firms came out against one of the South’s most controversial emblems.

Why Firms Need Three Women at the Top (Not Just One)

By Julie Triedman |

The so-called Rule of Three says that culture doesn't change with only one or two women on powerful committees.

John M. Dowd

‘Mad Dog’ of Sports Radio Meets Match in Ex-Akin Gump Partner

By Brian Baxter |

John Dowd, a former Marine and veteran Akin Gump Strauss Hauer & Feld litigator who retired from the firm earlier this year, appeared on SiriusXM’s Mad Dog Sports Radio with Christopher Russo to discuss his investigation 26 years ago that led to a lifetime ban of Major League Baseball icon Pete Rose. It did not go well.

Cleary Bankruptcy Pro Takes On Gay 'Conversion Therapy'

By Madeline Farber |

After Friday's victory for same-sex marriage, the notion that gays and lesbians need to be "cured" might seem almost quaint. Not so for Jim Bromley's pro bono clients, who won a resounding jury verdict this week against a group that promised to purge their homosexuality.

Dentons' Eye Still Wandering as McKenna Long Ties the Knot

By Julie Triedman |

With Dentons' merger with McKenna Long & Aldridge becoming official on Wednesday, we asked the firm's leaders about the impending combination with China's Dacheng—and what other global tie-ups may be in store.

Dealmaker of the Week: Richard Hall of Cravath, Swaine & Moore

By Jennifer Henderson |

Hall advised Delhaize Group in its merger with Koninklijke Ahold NV, which will create a combined company valued at $29 billion.

Deal Watch: Cravath Goes Big on Groceries and Unsolicited Bids

By Jennifer Henderson |

The Am Law 100 firm took the lead this week for clients such as The Williams Companies, Cigna and Delhaize on a trio of potential deals totaling some $124 billion in value.

Goodwin Procter Leader Says Firm Committed to Diversity, Growth

By Julie Triedman |

Three months after Goodwin Procter said it would slash 2 percent of its workforce, the Boston-based Am Law 100 announced three private equity hires Wednesday in its hometown and London. The Am Law Daily caught up with chairman David Hashmall to discuss his plans for Goodwin Procter as he approaches the end of his first year as leader.

Cadwalader Partner, Federal Judge Broaden Scope of Re-Enactments

By Nell Gluckman |

Cadwalader, Wickersham & Taft partner Kathy Chin and her husband, Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit, have been presenting re-enactments of cases important to Asian-American legal history for nearly a decade. Now, they will broaden the scope of their work to commemorate cases involving other minority groups.

Lawyers in Dewey Trial Spar Over What Constitutes Proper Accounting

By Brian Baxter |

Defense counsel in the trial of three ex-Dewey & LeBoeuf executives pressed their argument Thursday that many of the accounting adjustments made by former firm employees were appropriate. The prosecution has sought to portray those adjustments as acts of fraud.

Herbert Smith Freehills Grows Profits, Shrinks Debt Amid Flat Revenues

By Chris Johnson |

Herbert Smith Freehills achieved strong profit growth in the last financial year despite largely flat revenues, the firm announced Wednesday.

Dewey Defense Argues Accounting Adjustments Were Proper

By Nell Gluckman |

A former Dewey & LeBoeuf budget director cooperating with the New York County District Attorney’s Office in its prosecution of three former firm leaders conceded during cross-examination Wednesday that some accounting adjustments are legitimate.

Deal Watch: Skadden Celebrates Holiday Weekend Atop M&A League Tables

By Jennifer Henderson |

M&A league tables for the first half of 2015 compiled by Bloomberg and Thomson Reuters show Skadden, Arps, Slate, Meagher & Flom leading the pack among legal advisers, while several other Am Law 100 firms prepare to fete the Fourth of July with some insurance-related transactional work.

Pillsbury chair Jim Rishwain

Pillsbury Chair Takes Stock After Departures

By Julie Triedman |

Pillsbury chair Jim Rishwain answered our questions about a spate of recent partner defections, the firm’s merger outlook, and the search for his eventual replacement.