The Am Law Daily The daily source for legal business news, analysis and intelligence from the editors and reporters at The American Lawyer. en-us Copyright 2015. ALM Media Properties, LLC. All rights reserved. The Am Law Daily McKenna Long Tax Chief Departs, Plus More Lateral Moves The head of McKenna Long & Aldridge's national tax group leaves ahead of a merger with global legal giant Dentons; Arnold & Porter and Cozen O'Connor both make bulk hires from smaller firms; a Jones Day bankruptcy baron returns; and other notable moves from throughout The Am Law 200. Sun, 26 Apr 2015 13:13:17 EDT 1202724602672 Top Activist Lawyer Lands on a New Team Morgan Stanley has hired Schulte Roth & Zabel's David Rosewater, co-head of the firm's global shareholder activism practice, to lead its activist defense group. But Rosewater, who previously worked at Cravath, Swaine & Moore, won't be fighting Marty Lipton's war. Sat, 25 Apr 2015 10:44:06 EDT 1202724602422 Dealmaker of the Week: Steven Browne of Morgan, Lewis & Bockius Steven Browne of Morgan, Lewis & Bockius is named Dealmaker of the Week for his role advising Raytheon Co. in its $1.9 billion acquisition of cybersecurity company Websense. Browne was managing partner at Bingham McCutchen until the firm was absorbed into Morgan Lewis earlier this year. Fri, 24 Apr 2015 16:26:06 EDT 1202724560114 Thinking Beyond the Am Law 100 Rankings The annual Am Law 100 rankings are only a slice of Big Law's story. Fri, 24 Apr 2015 13:08:42 EDT 1202724514647 Family Ties: S&C Partner Helps Private Equity Exec Buy NBA Team Sullivan & Cromwell's Alison Ressler is advising her brother-in-law Antony Ressler, founder of buyout giant Ares Management, on his $850 million acquisition of the National Basketball Association's Atlanta Hawks. Ressler's familial relations also came up this week in leaked Sony emails. Thu, 23 Apr 2015 18:53:43 EDT 1202724411303 Deal Watch: Big Firm Pharma Deal Flow Continues With Teva?s Mylan Bid Big Pharma leads the list of billion-dollar deals this week with a $40 billion, unsolicited bid made by Israel?s Teva Pharmaceutical Industries Ltd. for fellow generic-drug maker Mylan N.V. Thu, 23 Apr 2015 18:51:10 EDT 1202724425135 Kevyn Orr to Return to Jones Day The former emergency manager for Detroit will be back at Jones Day by early May, his former spokesman says. Before taking the Motor City post and shepherding the historic bankruptcy proceeding, Orr was a partner at Jones Day for more than a decade. Thu, 23 Apr 2015 18:22:51 EDT 1202724423829 Paul Weiss, Slaughter and May Counsel Deutsche Bank on $2.5 Billion Settlement A Deutsche Bank subsidiary in London settled with U.S. and U.K. authorities for more than $2.5 billion over manipulation of the London Interbank Offered Rate (LIBOR) as well as wire fraud and antitrust charges. Paul Weiss partners Theodore Wells, Andrew Finch and Roberto Finzi represented the bank, along with Slaughter and May partners Deborah Finkler and Ewan Brown. Thu, 23 Apr 2015 17:57:46 EDT 1202724420859 JPMorgan Chase Accuses Ex-Dewey Partner of Lying About Assets The bank has filed a complaint against former Dewey & LeBoeuf partner John Altorelli, claiming he misrepresented his assets when he sought to delay repayment of a $500,000 loan he'd taken out in 2012. Wed, 22 Apr 2015 18:37:20 EDT 1202724297791 Adams and Reese Names New Managing Partner Adams and Reese tapped Guilford Thornton Jr., a partner specializing in governmental and legislative relations, to lead the firm from its Nashville office. Wed, 22 Apr 2015 15:23:44 EDT 1202724269543 Half-Dozen K&L Gates Partners Decamp, Plus More Lateral Moves K&L Gates sees six partners leave for four firms; some of Fried Frank?s Asia lawyers find new homes; Jackson Lewis opens two new offices; Mayer Brown adds a practice leader; and other notable moves from throughout The Am Law 200. Tue, 21 Apr 2015 19:52:10 EDT 1202724180721 Perkins Coie Managing Partner Juggles Past With Future Few Am Law 100 firm leaders have had starring roles in high-impact political litigation while managing their firms. John Devaney, who became Perkins Coie's new managing partner on Jan. 1, falls into that category. Tue, 21 Apr 2015 18:09:18 EDT 1202724172363 Jackson Lewis Launches New Firm in Hawaii Jackson Lewis has decided to lei down the law by unveiling a new firm in Honolulu. Tue, 21 Apr 2015 17:36:21 EDT 1202724170079 Coming Monday: The 2015 Am Law 100 The American Lawyer releases its 2015 Am Law 100 package on Monday, April 27 at 7 a.m. Tue, 21 Apr 2015 15:56:30 EDT 1202724143307 Boies Schiller Bolsters Corporate Group With O'Melveny Hire Boies, Schiller & Flexner is rebuilding its small corporate group by hiring O'Melveny & Myers corporate and project finance partner Dev Sen, who joined his now former firm nearly three years ago, prior to the historic collapse of Dewey & LeBoeuf. Mon, 20 Apr 2015 19:18:19 EDT 1202724060602 McDermott Loses International Arbitration Head to Mayer Brown B. Ted Howes is the latest addition to Mayer Brown?s international arbitration group, the firm announced Monday. Howes joins the firm in New York from McDermott Will & Emery, where he worked for nearly two decades. Mon, 20 Apr 2015 17:07:07 EDT 1202724047918 DLA Piper Opens Second Saudi Arabia Office The firm has put down stakes in Jeddah, creating its second outpost in Saudi Arabia, where it already has an office in Riyadh. DLA Piper plans to further expand by opening a third outpost in the Eastern Province by year?s end. Mon, 20 Apr 2015 16:43:24 EDT 1202724042427 Sony's Hacked Emails a Treasure Trove for Attorney-Client Relations Internal emails hacked from Sony Pictures Entertainment late last year have been released in a searchable database form by WikiLeaks. The document dump reveals frank discussions between the company's in-house lawyers and outside counsel on everything from legal fees and conflict waivers to pitches for business. Sun, 19 Apr 2015 23:48:50 EDT 1202723948968