Faberge Baker Daniels, formed through a late 2011 merger, has named Thomas Froehle Jr. as its next chair and managing partner, replacing Andrew Humphrey in the role. The leadership change is effective March 1, 2017.
Faberge Baker Daniels, formed through a late 2011 merger, has named Thomas Froehle Jr. as its next chair and managing partner, replacing Andrew Humphrey in the role. The leadership change is effective March 1, 2017.
When it comes to deal lawyers and cybersecurity, the discussion is often over whether law firms are a weak link in their clients' data defenses. But what about lawyers' obligations to probe for cyber weaknesses within the companies doing the deals?
Big law firms often trumpet a new office in a new city as a sign of increased demand for the firm and an investment in the future. That's not the case with Manatt, Phelps & Phillips' new base in the Windy City.
A $5 billion agreement resolves billions of dollars in potential damage claims by disgruntled creditors, and brings the bankruptcy, which has spun off as much as $200 million in legal fees to a group of firms, a giant step closer to an end.
A year after Jones Day opened an office in Detroit following its representation of the Motor City in its landmark Chapter 9 case, the firm has hired litigation partner Arthur O'Reilly, a former vice chairman of Honigan Miller Schwartz and Cohn.
State regulators in New York this month proposed new rules that would subject law firms to annual cybersecurity assessments. Is your firm ready?
Sidley Austin, Fried Frank and Davis Polk are advising on a $3.2 billion cash-and-stock deal that will see CBOE Holdings Inc., owner of the largest U.S. options exchange, acquire Bats Global Markets Inc., the nation's second-largest stock exchange operator.
The American Lawyer honors the most important and creative cross-border work of the year in citizenship/pro bono, disputes, finance and mergers and acquisitions.
Quinn Emanuel Urquhart & Sullivan has hired Macfarlanes financial services head David Berman in London, in a rare exit for the U.K. firm.
Bingham McCutchen may have dissolved two years ago into Morgan, Lewis & Bockius, but the Boston-based firm is still listed as an unsecured creditor in the bankruptcy this month of defense contractor Fansteel Inc. Outstanding legal bills also resulted in eight other firms being listed as creditors in two more bankruptcy cases.
Top-grossing law firms saw slow and steady growth over the past year, with revenues and profits increasing. But challenges abound.
There have been $100 billion in IT and software deals in 2016 and last week another $4.2 billion got tacked on to that sum with the sales of Infoblox Inc. and Avnet Inc.'s technology solutions business. A bevy of big firms grabbed roles on those two deals.
A new program allows primary caregivers to work a 75 percent schedule while receiving 100 percent of their preparental leave pay.
Combination, eh? After global legal giants DLA Piper and Norton Rose Fulbright sought to expand their presence up north within the past week, two of Canada's largest provincial law firms have announced their intention to merge.
In a world of global giants, lawyers at the International Bar Association pondered the pros and cons of cross-border expansion.
Already the world's largest firm by lawyer head count, Dentons is set to roll out its giant referral network, one that includes 250 firms and 18,000 lawyers globally. But the traditional legal networks are fighting back.
After being somewhat of a Big Law wasteland in recent years, Moscow has regained some lost luster, as Baker Botts and Quinn Emanuel Urquhart & Sullivan both announced senior hires in the city this week.
The Chicago-based firm hires a handful of new partners ahead of new leadership; Kirkland & Ellis adds Paul Clement and others; Goodwin Procter hires from GE; comings-and-goings at Manatt, Phelps & Phillips; O’Melveny & Myers recruits an Israeli practice head; and other notable additions from throughout The Am Law 200.
ITT Educational Services Inc., owner of Indiana’s ITT Technical Institute and New Hampshire’s Daniel Webster College, filed for bankruptcy on Sept. 16 in Indianapolis. Faegre Baker Daniels has taken the lead for the company in its Chapter 7 liquidation
NJOY Inc., one of the nation's largest electronic cigarette makers, has filed for bankruptcy in Delaware. The company owes millions in outstanding legal fees to lawyers from several firms, including DLA Piper and Goodwin Procter.
The Am Law 100 firm, despite repeated denials, is considering a plan to remove some partners from the equity ranks in order to boost profits. Shearman & Sterling has watched its finances slip in recent years.
A week after Norton Rose Fulbright absorbed a Vancouver firm and Dentons affiliated with a high-profile Canadian consultancy, rival global legal giant DLA Piper has picked up Toronto-based IP shop Dimock Stratton.
Goodwin Procter announced Monday its hire of Brackett Denniston III as senior counsel in Boston. Denniston, who retired last year as general counsel at General Electric Co., has previously been a partner at the firm.
The U.K.'s first publicly listed law firm has continued its post-IPO expansion, acquiring property consultancy Hamer Associates for $2.68 million.
The proposed $66 billion merger between Bayer AG and Monsanto Co. and $36 billion tie-up between Agrium Inc. and the Potash Corp. of Saskatchewan are providing high-profile transactional and regulatory work for at least 16 firms.
Simpson Thacher & Bartlett and Latham & Watkins are said to be advising the German financial services giant as it copes with a reported $14 billion demand by U.S. regulators to pay for its role in the 2008 financial crisis.
Thomas Baxter Jr., who recently retired after two decades as general counsel of the Federal Reserve Bank of New York, announced the move to friends and colleagues this week.
Troubling cultural dots connect the Stanford rape case to Donald Trump's tweet about men and women in the military.
Ira Coleman, head of McDermott Will & Emery's corporate and transactional practice, beat bids by four other partners to become chair of the Chicago-based Am Law 100 firm. Coleman is also head of McDermott's Miami office.
Golfsmith International Holdings Inc., one of the nation’s largest specialty golf retailers, has filed for bankruptcy in Delaware. Weil, Gotshal & Manges, Canada’s Goodmans and Delaware’s Richards, Layton & Finger have stepped onto the Chapter 11 green for the company.
The Sidley Austin lawyers who this week helped file a suit claiming that Michigan is failing to provide literacy for students in Detroit schools believe the case will give the U.S. Supreme Court the chance to decide there is a constitutional right to literacy.
About a half-dozen firms—including a new antitrust team at Paul Weiss—are advising on Bayer AG's proposed $66 billion acquisition of agribusiness giant Monsanto Co. The deal, if approved by regulators, would be the largest all-cash transaction in history.
Carl Frischling, chair of the financial services group at Kramer Levin Naftalis & Frankel, is leaving the firm with three other lawyers to join Perkins Coie's five-year-old New York office, which has rapidly expanded in recent months.
The program, which offers training and mentorship to women and others who have left the firm, often to raise children, may help to promote gender diversity.
Norton Rose Fulbright, continuing its five-year expansion across Canada, will combine with Vancouver-based Bull, Housser & Tupper, both firms announced Monday.
Viet Dinh and Paul Clement, a pair of prominent litigators affiliated with Washington, D.C.-based boutique Bancroft, cited their friendship with Kirkland & Ellis partner Mark Filip as one reason for their decision to link up with the Chicago-based Am Law 100 firm, where Clement was once an associate.
The former Prime Minister of Canada, who lost his Conservative Party majority to Justin Trudeau and his Liberal Party last year, has a new gig with Dentons.
Michael Gerstenzang will succeed Mark Leddy at the start of 2017.
A crowded field is vying for the top management spot at McDermott, Will & Emery, which is voting to elect a new chair this week.
The London-based legal giant is advising Hewlett-Packard on the sale of its software business and CVC Capital Partners on the sale of Formula One racing.
Venable partner James Hanks Jr. was a passenger on US Airway Flight 1549, which crash-landed in New York's Hudson River almost seven years ago. The incident is the subject of a new movie out Friday called "Sully," starring Tom Hanks as pilot Chesley Sullenberger. The two Hanks' are not related, but do share some things in common.
The moves, if they take place, would leave just two partners in Shearman's Brussels office.
In what may be the first public sale of a litigation claim to a third-party funder, Gerchen Keller Capital paid $26.2 million to the estate of a bankrupt Utah magnesium company in exchange for stake in a judgment the bankruptcy trustee won at trial last year.
Eamon O'Kelly, a former head of the antitrust practice at Arent Fox and now-defunct Dewey & LeBoeuf, has joined Robins Kaplan as of counsel in New York. His hire is the latest in a frenzy of antitrust additions by several big firms.
Using a fresh fundraising approach to support legal services for the poor, a group of big firm associates announced grants to four legal services groups.
A handful of gender bias suits against law firms this year could make it all the more difficult for firms without women in leadership positions to attract female lateral partners, consultants say.
High-profile plaintiffs boutique Hausfeld, which has expanded to Germany and New York over the past year, announced Tuesday two new mass torts hires for the opening of an office in Boston.
Growing global legal giant Dentons is poised to set up shop in Tehran after forging a local legal alliance with the Arman Pirouzan Parvine Legal Institute.
Steven Eckhaus, known for representing executives in large compensation deals, is moving his practice later this week from Cadwalader, Wickersham & Taft to McDermott Will & Emery.
London-based Mischon de Reya, which opened a New York office in 2010, is poised to halve the size of its partnership in the Big Apple. The decision comes after a review of the firm’s business.
The U.S. Department of Labor's Bureau of Labor Statistics announced Friday that the legal industry in the U.S. neither added nor lost jobs in August, though the number employed this summer is the highest it has been all year.
A bevy of large firms—including Cleary Gottlieb, Cravath, Hogan Lovells and Sullivan & Cromwell—stand to reap some of the $261 million in legal fees incurred by Anheuser-Busch InBev and SABMiller as a result of their $106 billion beer industry megamerger.
The storied New York-based IP boutique is being sued for malpractice, though the lawyers who worked for the former client are no longer with Kenyon & Kenyon, as most of the firm's current lawyers prepare to join Andrews Kurth.
Whether it's on the baseball diamond or in the courtroom, Major League Baseball's Chicago Cubs are on a roll. The team and its lawyers from Kirkland & Ellis won another fight in the long-running battle with the rooftop owners across the street from Wrigley Field.
Partners in continental Europe affiliated with Dentons are being asked to pay up to $7.8 million in extra capital to the global legal giant.
Katten Muchin Rosenman; Manatt, Phelps & Phillips; Eisner Jaffe; and Arent Fox are helping four major sports stadiums switch their nameplates.
At 87, the former Akin Gump, Bryan Cave, Goodwin Procter and Proskauer Rose lawyer is still doing big, cross-border deals, just from a smaller platform.
Four years after helping Frank McCourt Jr. sell Major League Baseball's Los Angeles Dodgers for a record-setting sum, Sullivan & Cromwell has been hired by the real estate developer to advise on his roughly $45 million buy of historic French soccer team Olympique de Marseille.
Since June, Dentons' Mexico City unit has been embroiled in a bitter "business divorce" dispute between the predecessor firm's co-founders over allegedly stolen client information and false marketing. The suit, filed in Mexico City, isn't starting out so well for Dentons.
Five months after a Chicago man pleaded guilty to scamming Am Law 200 firm Vedder Price out of $7 million, an alleged co-conspirator, Deborah Acuna, has done the same in return for a 10-month jail sentence and pledge to pay $175,000 in restitution.
Gateley, a British firm that last year raised $45 million in a landmark initial public offering, saw its gross revenue rise 11 percent in 2015-16, according to financial figures released by the firm.
The global legal giant is advising the island nation on tax and financial laws in other jurisdictions.
Amid a surge of oil and gas bankruptcies, Haynes and Boone hires a top restructuring partner; Clark Hill bolts on a small shop; Fox Rothschild’s expansion spree continues; King & Spalding lands a serial lateral; a Shearman & Sterling M&A partner joins a client in-house; and other notable additions from throughout The Am Law 200.
Retiring boomer lawyers are on to new adventures. But their exit from the Am Law 200 poses serious risks for firms that haven't planned ahead.
To find out how third-, fourth- and fifth-year asso ciates rate their firms as workplaces, our survey examined several aspects of job satisfaction.
When large firms get it right, give them their due.
Anthony Romano, a longtime partner at Polsinelli and vice chair of the firm’s labor and employment group, has left its office in Kansas City, Missouri, for Littler Mendelson. The latter publicly incurred Polsinelli's wrath last year after opening an office in the city.
Slater & Gordon, the world’s first publicly traded law firm, has announced that it expects losses of more than $760 million (A$1 billion) for its 2015-16 fiscal year.
A Wells Fargo Private Bank survey on the first half of 2016 reveals softening demand and increasing costs, which one analyst said is causing law firm leaders to contemplate layoffs.
Cleveland-based Ulmer & Berne, founded in 1908, has announced that Scott Kadish will become its new managing partner on Oct. 1. Kadish takes the reins from Harold "Kip" Reader, who led the firm for the past 21 years.
Sidley Austin is the latest big legal name to be invoked by scammers posing as a major law firm.
Merger talks between Hunton & Williams and British firm Addleshaw Goddard have slowed following the U.K.'s June vote to leave the European Union.
When you spend half your time in the air, the planning you do on the ground makes all the difference.
Cleveland-based Tucker Ellis, a firm formed from the ashes of a busted Am Law 200 shop, has announced the opening of its second new Midwestern outpost this year.
Wachtell, Ropes & Gray, Davis Polk and Cooley are advising on a $14 billion deal that will see pharmaceutical giant Pfizer Inc. acquire cancer drug maker Medivation Inc.
IP lawyer John Fuisz, who went head-to-head with Theranos Inc. over trade secrets while at McDermott Will & Emery, has returned to Big Law after Vinson & Elkins absorbed his two-lawyer boutique.
Despite uncertainty in key international markets, the firm saw an 8 percent revenue rise in 2015-16, as profits per equity partner surged 13 percent.
In his six years at the helm, Eduardo Leite has presided over the firm’s fastest growth in its 67-year history
Resist 'Trump fatigue' and consider the comments that over time reveal Trump's philosophy.
St. Louis-based Lewis Rice has formed a second law firm that will operate as a wholly owned subsidiary handling only estates work.
It wasn't the biggest deal of the week, but Univision's winning bid for Gawker is the only one that started with a sex tape.
Some of the country's largest law firms allow associates to focus exclusively on pro bono work for more than a year, but there is a debate as to whether those lawyers come out behind their counterparts when they begin billing for work again.
Cox, Castle & Nicholson and Eisner Jaffe, two leading firms in Los Angeles, scored lead roles on the proposed sale of the iconic Playboy Mansion in the city’s Holmby Hills neighborhood to billionaire and former Pabst Blue Ribbon owner Daren Metropoulos.
Contradicting the ordinary rules of supply and demand, law firms have continued to jack up hourly fees faster than demand and a projected 1.7 percent annual inflation rate would suggest.
John Squires, a former chief IP counsel at Goldman Sachs who went on to top roles at Chadbourne & Parke and Perkins Coie, decamped this week for Gibson, Dunn & Crutcher in the Big Apple.
The global legal giant and its Brazilian affiliate announced Tuesday the addition of five partners—and seven other lawyers—on two continents.
Admit it. Sometimes you’ve wondered what it would be like to say goodbye to the practice of law. These are the stories of six lawyers who did just that.
Firms are still on pace to show modest gains for full-year 2016, the bank says.
The head of the private funds practice at Wachtell, Lipton, Rosen & Katz joins Ropes & Gray; Clifford Chance grows in New York; Mayer Brown and Orrick hire in Hong Kong; Reed Smith snags an entertainment and media pro; Sheppard Mullin recruits in Florida; and other notable additions from throughout The Am Law 200.
Robert Cordy, an associate justice on the Massachusetts Supreme Judicial Court who announced his retirement earlier this year, is poised to return to McDermott Will & Emery's Boston office, where he once served as managing partner.
Sheppard, Mullin, Richter & Hampton and Herrick, Feinstein played a behind-the-scenes role in advising surfing-related organizations, which successfully got the sport accepted into the 2020 Summer Games in Tokyo.
The ABA thought getting a renewal of its accreditation power would be a cakewalk—until its barefoot journey over hot coals began.
The owners of casual dining chains Logan's Roadhouse and Fox & Hound found themselves in bankruptcy court this week in Delaware. Some large law firms grabbed Chapter 11 work related to those cases, while others are owed payments for past expenses.
With the 2016 Summer Olympic Games underway in Rio de Janeiro, this week brought news of a sizeable M&A deal with ties to the 2010 Winter Games held in Vancouver.
King & Wood Mallesons has held off on paying out profit distributions to its partners once again, following a recent vote to recapitalize the firm, which has its operations predominantly in Asia and Europe.
Sullivan & Cromwell, Skadden and Paul Weiss are advising on the $1 billion sale by Major League Baseball of a 33 percent stake in its video streaming unit to The Walt Disney Co.
A lawyer who was charged with securities fraud for allegedly tipping of the president of an investment firm about a big pharmaceuticals merger was hired by Arent Fox even after he was named, but not charged, in an earlier SEC suit.
Caetano "Cae" Altafin, an associate at Hogan Lovells in Rio de Janeiro, didn't spend the day of the opening ceremonies for the 2016 Summer Olympics in his office. Thanks to a transatlantic journey a year ago, he was busy running outside the stadium.
Four Am Law 100 firms have made notable additions to their antitrust groups within the past week. Large firm leaders say this in response to enhanced scrutiny of large companies by government agencies.
Using exclusive survey data, we rank 11 American cities by their populations of big-firm lawyers. Plus, check out our list of firms that dominate those markets.
A look at the large law firms behind the week's most notable deals, such as the mattress maker behind Sleepy's on its sale to a South African firm; two Elon Musk-backed companies combining forces; and Uber's China exit.
The two Am Law 100 firms are advising on the sale of online retailer Jet.com Inc. to Wal-Mart Stores Inc., as Wal-Mart aims to take on market leader Amazon.com in the e-commerce space.
Katie Ledecky, the 19-year-old U.S. swim star who just broke her own world record at the Summer Olympic Games in Rio de Janeiro, can thank her father—former Kirkland & Ellis lawyer David Ledecky—for taking a break from his career to further her success in the aquatic sport.
A columnist sees shades of Richard Nixon in Donald Trump's candidacy that go beyond Trump's "rule of law" sloganeering.
After leaving a leadership role at K&L Gates, John Pierce finds a new home; Gibson Dunn grabs one from JPMorgan; Latham's London hiring spree continues; two firms raid Covington; Paul Weiss adds another rainmaker; and other key additions from The Am Law 200.
The number of people employed in the legal industry declined slightly in July, according to preliminary Labor Department statistics. The first half of 2016 has seen modest growth in legal employment overall.
A Letter to the Editor in response to The Global Lawyer column, "To Dodge $50 Billion Bill, Russia Comes Clean on Sale of the Century"
King & Wood Mallesons is taking steps to rebuild its Paris corporate practice, having hired senior associate Guilain Hippolyte from White & Case, The Am Law Daily has learned.
Davis Wright Tremaine has hired Eric "Ric" Redman, a consultant and founder of the energy practice at Heller Ehrman, to serve as a senior energy and climate policy adviser working out of the firm's headquarters in Seattle.
The U.S. litigation boutique has hired Robert Amaee from Covington & Burling to launch a new practice next month.
DLA Piper's former Turkish arm, Yuksel Karkın Kucuk (YKK), was raided by the police, and lawyers were taken into custody in the aftermath of the failed coup in Turkey, according to local press reports.
Stinson Leonard Street, based in Prince's hometown of Minneapolis, is set to receive the bulk of the fees so far.
The firm is the first to make an appearance in the case, which alleges that billions were illegally diverted from a Malaysian government-owned company to fund luxury purchases and investments, including a stake in the Leonardo DiCaprio blockbuster "The Wolf of Wall Street."
Attorneys for Nick Denton and his creditors join an army of others who have been clocking time in the Gawker Chapter 11 since June.
Bruce Meyer, a veteran litigation partner at Weil, Gotshal & Manges in New York, is leaving after 30 years at the firm to take a newly created in-house legal role at the National Hockey League Players' Association.
After money launderers were accused recently of using major U.S. law firms to move hundreds of millions of dollars, is it time to take another look at requiring lawyers to report suspicious transfers?
The first report to be issued on the legal market's second quarter said law firms were 'blindsided' by an unexpected decline in demand.
The group includes partners Todd Reed, Gary Lieberman and Siobhan Sweeney.
Women remain scarce in law firm partnership ranks.
Welcome to the A-List, our 14th annual ranking of Big Law's elite.
Like everyone, I dreaded jury duty. But it proved to be a powerful experience.
International Shipholding Corp., a major operator in the global shipping industry, filed for Chapter 11 protection Monday in New York in an effort to sell off certain assets.
U.S. bankruptcy filings fell 6.9 percent over the past year, according to new government data, but three more big energy companies found themselves in Chapter 11 proceedings this week in a boon to some big firm restructuring lawyers.
Magic circle firm hires lawyers from White & Case, Proskauer Rose and Milbank Tweed Hadley & McCloy.
If you thought the NFL was slow to acknowledge links between player concussions and brain damage, keep a close eye on professional hockey.
A mentorship program at Littler Mendelson meant to help minority associates become partners at the global labor and employment giant has some unique components that could be contributing to its success.
Epiq Systems Inc., a company specializing in electronic discovery and bankruptcy administration services, has agreed to be taken private with the help of four members of its target audience.
King & Wood Mallesons' European and Middle East arm will recieve a major boost in capital as partners commit over $18 million to the firm.
A patent litigator at Mintz, Levin, Cohen, Ferris, Glovsky and Popeo speaks about his passion for racecar driving, and how it's just like a taking a deposition.
Wachtell, Wilmer and Jones Day are advising on Analog Devices Inc.'s $14.8 billion cash-and-stock acquisition of fellow chipmaker Linear Technology Inc.
Four months after reporting record annual earnings, litigation funder Burford Capital LLC once again announced that it has topped last year's first-half earnings and new investments by wide margins in early 2016. Simpson Thacher is one firm benefiting from Burford's largesse.
Squire Patton Boggs won a contract to monitor police reforms in Ferguson, Missouri, a job that promises to be both controversial and not exactly lucrative.
Weil, Gotshal & Manges saw another private equity partner depart; McDermott snagged a labor and employment group from Kaye Scholer; Paul Hastings brought on another IP partner; and other moves throughout The Am Law 200.
Perkins Coie's Marc Elias, who has juggled legal roles for both the Hillary Clinton campaign and the Democratic National Committee, saw the intersecting interests of both clients unexpectedly become public on Friday.
Nearly two years after Michael Brown was shot and killed in Ferguson, Missouri, by a white officer, a team led by Squire Patton Boggs' Clark Ervin was named to ensure that the city's police department follows through with federally mandated reforms.
Branding with catch-phrases is easy; reconciling their contradictory messages is impossible.
Houston capital markets and M&A lawyer Jeff Malonson was left in limbo early this year, when a planned move from Vinson & Elkins to Simpson, Thacher & Bartlett fizzled after another partner backed out.
It was a good news/bad news week for companies on the antitrust front.
Seattle's Garvey Schubert Barer announced a new chair this week. The firm's unusual mix of clients, which include marijuana companies, celebrities and Bernie Sanders, has boosted its exposure recently.
Arthur Culvahouse Jr., a longtime Washington Republican insider who initially backed Jeb Bush, said that he plans to stick with the Donald Trump campaign after helping to vet the candidate's picks for vice president.
Long before she was defending Roger Ailes against sexual harassment claims, Quinn Emanuel's Susan Estrich offered a feminist legal critique of the country's rape laws.
After nearly 25 years at the elite New York firm, former executive director Steven Spiess will serve as chief operating officer of Denver's Brownstein Hyatt Farber Schreck.
The number of law schools offering tech-related training is growing, but are their enough employers looking for the skill set?
A party hosted by Dentons at the Republican National Convention offered a glimpse of how law firms blend marketing and networking amid the politicking in Cleveland.
From prayer to marathon training, the Am Law Daily heard from prominent Chicago lawyers about how they survived preparing for the bar exam.
DLA Piper may be the first full-service Am Law 100 firm to open an office in Puerto Rico.
Five years ago Turkey's economy was booming, enticing a handful of international law firms to open offices in the country. But after a failed military coup and with growth at a relative crawl, their future is unclear.
Stephen Surdu, a cybersecurity consultant, is a nontraditional hire for the firm, which has been building out its cybersecurity practice in recent months.
As associate salaries increase, reluctant clients are complaining about the wrong problem.
Eric Dratell, general counsel and head of legal and corporate affairs of Risk Management Solutions, was having dinner with his wife at the end of a vacation in Nice, France when the attacker struck.
A former partner at a pair of Am Law 100 firms leaves Cravath, Swaine & Moore a year after coming aboard; Jackson Lewis lands a high-powered lobbying group; Greenspoon Marder keeps growing; and other notable additions from throughout The Am Law 200.
With India's legal market inching closer to liberalization, the subcontinent could provide a shot of cross-border transactional work to global firms reeling from Brexit and an economic slowdown in China.
In addition to choosing one-time corporate lawyer Mike Pence as his running mate, Trump invited Rudy Giuliani and Michael Mukasey to address the RNC.
As national and regional law firms continue to expand in the Mile-High City, the growth is creating winners and losers.
Cravath, Swaine & Moore and Paul Weiss are helping bolster the dwindling revenues of the ailing Big Apple Circus. This month, the nonprofit is in a desperate attempt to raise $2 million, should some other prominent Wall Street firms also be willing to pony up.
After a long career as a partner at Davis Polk & Wardwell, followed by several years as a top banker at Citigroup Inc., Lewis Kaden has returned to the Wall Street firm as senior counsel.
Maura Grossman, who helped pioneer the use of artificial intelligence techniques for legal work at Wachtell, Lipton, Rosen & Katz, has left the storied Am Law 100 firm.
The firm has hired Lee Hutton III, a former college football player and chair of the entertainment, media and sports practice at Zelle LLP in Minneapolis. Hutton’s hire comes a few weeks after Barnes & Thornburg saw another high-profile sports lawyer depart.
The firms advised AMC and private equity giant Terra Firma, respectively, in a deal to create world’s largest movie chain with 7,600 screens in the U.S. and Europe.
For the lawyers who filed suit Saturday seeking to hold Syrian President Bashar al-Assad's government responsible for the death of veteran war correspondent Marie Colvin, the work was intensely personal.
The Am Law 100 firm is poised to pick up six lawyers, including the two founding partners, from Los Angeles-based Zaccaro Morgan. Thomas Zaccaro is a former Paul Hastings partner who started the boutique just over a year ago, only to return to his former home.
The Milwaukee-based Am Law 200 firm is poised to unveil a new managing partner—only the second in Quarles & Brady's history—on Dec. 1. Daniel Radler, an engineer-turned-IP lawyer, will succeed corporate partner Fredrick Lautz in the firm’s top leadership role.
Jones Day recruits two new partners on opposite coasts after a top restructuring duo departs; Milbank makes a rare lateral hire; Paul Hastings makes some high-profile additions; and other notable moves from throughout The Am Law 200.
Donald Trump has pledged to negotiate tough new U.S.-Chinese trade terms if he is elected president. So why not pick a running mate from the only law firm rooted in both countries?
The murder of five Dallas police officers by a sniper Thursday night sparked widespread condemnation, dismay and sadness in the aftermath of the tragic shooting of two black men this week in Louisiana and Minnesota. And lawyers were among the first to weigh in.
The two London-based legal giants reigned supreme in the gross revenue and profits per equity partner metrics, respectively, as most large U.K. firms unveiled financial figures this week for their 2015-16 fiscal years.
The U.S. legal industry's employment outlook remained mostly flat amid better-than-expected job growth in the overall American economy, according to the U.S. Department of Labor's latest jobs report.
Federal property off Long Island coast houses an animal disease research lab long shrouded in mystery.
The Am Law Daily caught up with the two lead principals at secretive legal consultancy Blaqwell Inc. for a rare on-the-record chat about trends affecting their clients, which have included some 40 Am Law 100 firms.
Those controversial deal tables are out again, with White & Case, Simpson Thacher & Bartlett, Sullivan & Cromwell and Davis Polk & Wardwell all jockeying for position as the quarterly so-called King of M&A.
Ropes & Gray patent litigation partners Hiroyuki Hagiwara and Hassen Sayeed have joined Paul Hastings in Tokyo and New York, respectively.
Law firm leaders surveyed by Citi Private Bank's Law Firm Group mostly reported that they expect a slight growth in demand in the second half of 2016, while realization rates are expected to remain stagnant.
L. Howard Belknap will become firmwide COO at Jackson, Mississippi-based Butler Snow.
The firm has gone mostly without summer associates, but has found another way to try to recruit soon-to-be law school graduates.
As facilities evolve, what becomes of the staff?
Three new laterals at Orrick; a pair of Honigman practice leaders land at Foley & Lardner; Gibson Dunn recruits from the Justice Department; Latham & Watkins welcomes a top SEC official; and other notable hires from throughout The Am Law 200.
The case, which promises to be the largest yet under the U.K.'s retooled competition law, marks the largest non-U.S. investment by Chicago-based litigation funder Gerchen Keller Capital LLC.
The firm bulked up its litigation and white-collar defense group in the nation's capital with the hire of Patrick Stokes, a longtime federal prosecutor and high-ranking official in the Justice Department's fraud division.
Could a merger be next for Cadwalader, Wickersham & Taft?
King & Wood Mallesons has continued to lose partners in London, with former European finance chief Jeremy Cross the latest to emerge at another firm.
Anchorage office head Jahna Lindemuth was profiled in The Am Law Daily last year when she helped secure the release of one of the Fairbanks Four.
Some law firms are finding that their younger partners can benefit from management training even more than their top brass.
After suffering a $30 million patent verdict last year, the synthetic grass maker skidded into bankruptcy court on Tuesday.
A deal between DLA Piper and Kabul's Kakar Advocates is said to be a first for the region.
A look at the Am Law 100 firms behind Lions Gate's bid to buy Starz; Apollo’s latest acquisition effort; and a pair of big health care transactions.
Five months after bolting on Finnish firm Peltonen LMR, global legal giant DLA Piper has expanded again in Scandinavia, as it prepares to absorb Swedish shop Grönberg.
On the heels of the U.K.’s vote to leave the European Union, two corporate partners are leaving Latham & Watkins, including the latter’s Frankfurt office leader, to open a new outpost for Gibson, Dunn & Crutcher.
Niro Law Ltd. faces claims that it owes a U.K. litigation financier more than $3.5 million for fueling part of the firm's IP docket.
Irish law firms could be poised to pick up additional work after last week’s surprising vote by U.K. voters to leave the European Union. That leaves Ireland as the only remaining English-speaking country with a common law tradition in the Eurozone.
Most projects skew left. But some lawyers and firms have bucked the trend.
A lawsuit claiming that the company underpaid its workers was withdrawn, but a lawyer for a former recruiter said that the dispute will continue in arbitration.
Goodwin Procter rolled out a new, shortened brand name on Tuesday, along with a fresh logo, an overhauled website and new digs on Boston’s waterfront.
Fenwick & West announced the launch of its fifth office in New York this month to a bit of fanfare. But thanks to a firm policy, there are actually Fenwick lawyers working in offices all over the country, from Vermont to Idaho.
After the the efforts of attorney Thomas Geoghegan, Chicago sci-fi fans hoping to pore over "Star Wars" memorabilia may have to travel to a city far, far away.
Several new recruits join Reed Smith; Latham & Watkins welcomes a former Sullivan & Cromwell partner in New York; Gibson Dunn grabs one and loses another; and other notable additions from throughout The Am Law 200.
While Friday’s Brexit vote has likely cast a potential shadow over cross-border M&A activity, a number of timely billion-dollar tie-ups were announced amid the U.K.’s decision to leave the European Union.
F. Lee Bailey, a criminal defense lawyer famous for his roles representing high-profile clients such as Sam Sheppard and being part of O.J. Simpson’s legal defense “Dream Team,” sought Chapter 7 protection Friday in Maine.
Andrew Arruda, the 27-year-old founder of ROSS Intelligence, says his company's technology is already serving hundreds of lawyers.
Washington, D.C.-based BuckleySander told its associates that the firm's salary scale won't change, but midyear bonuses will boost most first-years' pay above $180,000.
New data on law firm mergers this year shows fewer international deals and a slowdown in major combinations.
As top transactional lawyers sought to calm nervous clients Friday after Britain's vote to leave the EU, several said that they were bracing for the possibility of a two-year drought in their most highly leveraged, profitable business: advising on cross-border M&A deals.
Zaldwaynaka “Z” Scott, a well-connected co-chair of Kaye Scholer’s Chicago white-collar litigation and internal investigations practice, is headed to Foley & Lardner in the Windy City.
Thomas Laryea, co-chair of Dentons' global government sector and former head of the firm's Africa initiative, has joined a new shop specializing in the diverse legal needs of African governments and diaspora from the continent.
For defendants suddenly facing white-collar prosecution, suicide can be a real temptation. What can their lawyers do to stop it, and what happens if it’s too late?
Major, Lindsey & Africa has acquired three analytical reports on in-house law departments that were previously owned by General Counsel Metrics LLC, a consulting firm owned by Altman Weil principal Rees Morrison.
Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City.
A former Jones Day business development and communications manager filed a complaint against the firm for gender, age and pregnancy discrimination.
As it continues to market litigation funding to law firms, Bentham IMF launched a new tool on Wednesday that it promises will show managing partners how outside financing can help boost realization rates.
The firm has filed its formal application for employment to advise Gawker Media Group as the company seeks to navigate Chapter 11 proceedings in New York.
Christo’s longtime lawyer at Bryan Cave advised the artist on his latest project: a shimmering yellow walkway that allows visitors to stroll across an Italian lake.
Prime partners at lockstep firms are favored targets as the firm surfs the lateral market.
Donald Trump’s actions have a troubling precedent. But there’s method to his madness.
The Big Four accounting firms are continuing to invest heavily in their legal services arms, expanding their presence in the Americas even as their footprint grows in the United Kingdom.
Amid food shortages and rising political unrest, major firms in Caracas are doing what they can to weather the storm.
The firm has secured temporary visas for a Syrian baby and her mother to go to Barcelona for surgery, but the trip from Jordan could threaten the family's resettlement to the U.S.
Amid more departures, K&L Gates seeks to grow; Akin Gump and Reed Smith hire from Winston & Strawn; Fox Rothschild reels in a leading Twin Cities litigator; and other notable additions from throughout The Am Law 200.
A month after Dentons suggested law firms and their clients should abandon “pay-to-play” networks for international legal referrals and announced its own new network, the referral industry is fighting back.
Since 49 people were gunned down at Orlando’s Pulse nightclub last weekend, law firms have offered to ramp up their support for gun control efforts.
From industrial chemicals to traffic cones, one of the last weeks of spring provided a plethora of transactional opportunities for dozens of Am Law 100 firms.
The co-chairs of McDermott, Will & Emery surprised their partnership when they announced Monday that they’ll step down at the end of this year. Insiders pointed to several potential candidates to replace them.
Between celebrating the opening of a $5.5 billion theme park in Shanghai and girding for the legal aftermath of a gruesome alligator attack in Orlando, Disney has had quite a week.
A year after WilmerHale consolidated its London operations, one longtime partner has left for McDermott Will & Emery; Jones Day hires a trio; Shearman & Sterling snags one from Boies Schiller; and other notable additions from throughout The Am Law 200.
Law firms and their former associates are taking notice as an incubator for budding tech lawyers takes shape in New York City.
As S&C dips its toes into debtor's side Chapter 11 work for Arctic tanker company Primorsk, a creditor says that the firm might have squandered $2 million in hourly billings.
The troubled city of Flint, Michigan, has hired Foley & Lardner to represent its interests in unidentified allegations levied by a former city attorney, as the municipality grapples with an ongoing water crisis.
Tips ranged from better transparency to stronger management as lawyers from several Chinese firms visited with law firm leaders in New York and D.C.
More charts from The American Lawyer's annual Diversity Scorecard reveal the racial and ethnic demographics of individual law firms.
Need ideas on how to splurge a little with your well deserved pay hike? Take a look.
Cook’s soon-to-be-former firm also welcomed a government lawyer through the revolving door on Monday, saying it had hired antitrust lawyer David Gelfand from the U.S. Justice Department.
Davis Polk & Wardwell, Fenwick & West, Ropes & Gray, Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati are advising on Symantec Corp.’s $4.65 billion buy of Blue Coat Systems Inc. from buyout giant Bain Capital LP.
Economic status, not necessity, is what allows women to stick it out in jobs.
It’s been nearly two years since the Legal Services Corporation first turned to the nation’s largest law firms for financial support. So far just 19 firms have pledged to help.
Former eBay general counsel Michael Jacobson returns to Cooley in Silicon Valley; a Kirkland & Ellis seeks a shave; Greenberg Traurig grows in Israel; and other notable additions from throughout The Am Law 200.
Madeleine McDonough will succeed outgoing chairman John Murphy, who served 15 years as head of the products liability litigation defense giant.
An internal U.S. Department of Justice review has found that the former top federal prosecutor in Oregon, Amanda Marshall, violated sexual harassment laws and lied to investigators about an “intimate and personal” relationship with a deputy that lasted more than a year.
A Paul Hastings structured finance partner who disappeared from the firm's website in March has joined Schulte Roth & Zabel. Michael Michetti has a practice noted in a recent New York Times business column as presenting a potential conflict of interest.
Donald Trump’s collateral damage includes his chief strategist: Georgetown University Law Center graduate Paul Manafort Jr.
The $1.65 billion sale of New York's 1285 Sixth Avenue saw more than 50 partners from Paul, Weiss, Rifkind, Wharton & Garrison—a key tenant in the office tower—invest roughly $10 million in the transaction.
Business school profs tell you how to enjoy networking.
A pair of Williams & Connolly partners could be called to testify against their client Morris Zukerman, an energy investor and former Morgan Stanley banker accused of tax evasion by federal prosecutors.
A bevy of big firms continue this week to match the new base pay scale for associates set Monday by Cravath, Swaine & Moore. Sullivan & Cromwell sought to up the ante for its most senior associates, as other firms like Latham & Watkins joined the pay raise party.
Less than a week after Baker Botts saw a former energy industry restructuring client retain a rival for its second bankruptcy filing in six months, the firm picked up a lead Chapter 11 role for Seventy Seven Energy Inc. on its bankruptcy case.
A tax partner at Dentons in Vancouver formerly affiliated with predecessor firm Frasner Milner Casgrain has been caught up in an offshore tax scandal involving global accounting giant KPMG and the Isle of Man.
The super litigator pays tribute to the broken-hearted.
John Beulick, an IP partner at St. Louis-based Armstrong Teasdale, has taken over as the firm’s first new managing partner in nearly a decade.
Daniel Glazer is the latest lawyer in the technology startup world to switch firms in New York.
At least four large New York firms have moved quickly to match the new base pay scale for associates set Monday by Cravath, Swaine & Moore. And some consultants say more big firms will follow suit.
A week after expanding in New York, Los Angeles-based Michelman & Robinson is poised to set up shop in Chicago.
Roughly seven months after Baker Botts helped client Hercules Offshore Inc. emerge from Chapter 11, Akin Gump Strauss Hauer & Feld is advising the Houston-based offshore oilfield services company on its "Chapter 22" bankruptcy filing.
The firm has opened a Minneapolis office after relocating two of its own partners from Chicago and Dallas and snagging three laterals from Barnes & Thornburg.
Billions around the world have felt the death of Muhammad Ali, a legendary boxer who turned himself into a global icon. Not surprisingly, a man who made a living with his fists—but became known for his words—employed more than a few lawyers in his lifetime.
Someone should remind the likely Republican nominee for President that the laws of the land apply to him, too.
Not feeling Clinton or Trump? Big Law voters may want to consider former governor Bill Weld. Now at Mintz Levin’s ML Strategies, the Harvard Law School graduate recently got the call to become a vice presidential nominee on the Libertarian Party ticket.
With Anheuser-Busch/InBev and SABMiller poised to create a beer industry giant, lawyers from several Am Law 200 firms have become founding members of a new nonprofit trade group for the craft beer industry.
The U.S Department of Labor’s Bureau of Labor Statistics reported that the legal industry gained 100 jobs in May. But layoffs continue to loom, with at least one Am Law 200 firm confirming Friday that it planned to cut less than 10 support staff roles.
Frank Sun, a private equity and M&A partner in Hong Kong who rejoined Kirkland & Ellis from Paul Weiss in 2013, left the firm again in May for Latham & Watkins. But he had to pay up on his way out.
The Lone Star State firms are working with two other Am Law 100 firms in advising on Great Plains Energy Inc.’s $12.2 billion buy of Westar Energy Inc., the latest sign of consolidation in the utilities sector.
Jimmie “Tic Tac” McMillian Jr., a litigation partner at Barnes & Thornburg in Indianapolis featured in a New York Times story last year about African American law partners, recently left the firm for a role with the Indianapolis Motor Speedway.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo must face a discrimination suit filed by a former female associate following a ruling this week by the Massachusetts Supreme Judicial Court.
The Am Law 100 firm has finally put to rest a dispute over whether a community of Orthodox Jews on Long Island’s affluent East End can put up a nearly invisible boundary that allows them to perform certain work tasks on the Sabbath.
In an annual filing, The National Football League Players Association recently detailed expenditures to 16 law firms within the past year, including payments to Gibson Dunn, Latham & Watkins, Norton Rose Fulbright and Winston & Strawn.
A defense attorney representing former Dewey & LeBoeuf CFO Joel Sanders suggested in a court filing that the criminal investigation of the now-defunct firm's former chairman "was pressed by" an ex-partner and a former top prosecutor in the Manhattan D.A.'s Office.
The fast-growing Am Law 200 firm—started in 2009 by a Skadden alum—hired Preston Burton, a former litigation chief at Orrick, Herrington & Sutcliffe in Washington, D.C., whose past clients include Monica Lewinsky and two federal agents accused of spying.
Fox Rothschild snags three from Kenyon & Kenyon; Hogan Lovells goes on a hiring spree; Latham lands an arbitration head; Sheppard Mullin raids Steptoe; Wilmer welcomes a top federal prosecutor; and other notable additions from throughout The Am Law 200.
While Democratic presidential candidates usually outpace Republicans when it comes to raising funds from lawyers, so far this year the divide between the frontrunners is particularly steep.
A month after a settlement smoothed the way for Argentina's return to the global capital markets, Cleary Gottlieb Steen & Hamilton and Davis Polk & Wardwell led the way on a $280.5 million initial public offering by a Buenos Aires-based bank.
An Am Law 100 quartet—Wilmer Cutler Pickering Hale and Dorr, Jones Day, Jenner & Block and Gibson, Dunn & Crutcher—have landed key roles advising on the fallout from HB2, North Carolina's controversial new transgender bathroom law.
Donald Trump doesn’t want to release his tax returns. Why?
Wilmer Cutler Pickering Hale and Dorr and Miller, Canfield, Paddock and Stone have been retained by the Detroit Land Bank Authority to advise on an investigation of a program designed to demolish vast tracts of abandoned homes in the Motor City.
Former Dewey & LeBoeuf executive director Stephen DiCarmine, who continues to battle multiple criminal charges related to his firm’s 2012 collapse, chose a new top white-collar defense lawyer to represent him on Friday.
Amid merger talks with a U.K. firm, Hunton & Williams added two practice leaders from Katten Muchin Rosenman; Bo Dietl's GC finds a new home; Jenner & Block launches a private wealth practice; and other notable additions from throughout The Am Law 200.
This year's list of go-to schools—and ones that should be avoided.
Just in time for Memorial Day, four Am Law 100 firms sought to stoke and celebrate their transactional expertise by advising on an $8.4 billion combination of two leading real estate investment trusts.
“It’s really nothing like what we do,” one litigation finance exec said of the revelation that billionaire Peter Thiel has backed Hulk Hogan’s $140 million lawsuit against Gawker.
In the wake of Laquan McDonald’s killing, Lori Lightfoot waded into one of Chicago’s biggest controversies when she agreed to head the city’s task force on police misconduct.
London-based RedLaw launched a New York office this week, becoming perhaps only the second large U.K. legal recruitment firm to make the jump to the cutthroat U.S. lateral market.
As other IP shops contract or are absorbed into big firms, Chicago-based Brinks Gilson & Lione is bucking the trend with lateral hires and brand-new offices in Tampa, Florida and Shenzhen, China.
We're seeking nominations for The American Lawyer's Lifetime Achievement Awards. The deadline is June 30.
Quinn Emanuel Urquhart & Sullivan is expanding its European presence with the launch of a new office in Switzerland under partner Thomas Werlen. Zurich-based FIFA, soccer's global governing body, is a major client of the firm.
Silicon Valley stalwart Fenwick & West is poised to set up shop in the Big Apple; Boies Schiller brings on two more litigators; Ropes & Gray grabs another private equity pro in London; and other notable additions from throughout The Am Law 200.
A pictorial roundup of celebrity-Big Law family connections.
According to a new database based on financial disclosures by Bill and Hillary Clinton, a handful of large law firms have paid nearly $2 million to the political power couple to make speeches. One talk came at a global partners' meeting for an Am Law 100 firm.
I know being a yoga instructor is not the same as being a lawyer. But hear me out anyway.
The high and low ends of the M&A legal services market are becoming ever more stratified as billing rates for deal work dwarf other practices, according to a new survey by LexisNexis CounselLink.
Women and minorities who promote diversity get penalized, a study says.
Law firms are in an arms race over who can offer the best paternal leave policies, but at some firms, fathers aren’t taking all the time offered.
Eight months after Monsanto Co. abandoned its $45 billion saga to acquire Switzerland's Syngenta AG, the agribusiness giant is the recipient of a $62 billion takeover bid by Germany’s Bayer AG.
White-collar pro Sean O’Shea is joining Boies Schiller along with the rest of his small firm, O’Shea Partners.
Steptoe & Johnson's Korea practice co-head finds a new home; a Bryan Cave practice leader joins the Kentucky Derby; a longtime Paul Weiss litigator becomes a regulator; Perkins Coie hires from Microsoft; and other notable moves from throughout The Am Law 200.
Roger Furey, an IP litigation partner at Katten Muchin Rosenman in Washington, D.C., is poised to become the new chairman of the Chicago-based firm.
For the third time in row, White & Case leads the pack in The American Lawyer's annual Diversity Scorecard
A few weeks after Baker & Hostetler confirmed its intention to try out artificial legal intelligence, Latham & Watkins and Milwaukee-based von Briesen & Roper have reached licensing agreements with ROSS Intelligence, an AI system powered by IBM's Watson.
Constellation Enterprises LLC, owner of the nation’s largest single site steel foundry, owes nearly $2 million in legal bills to some of its outside lawyers, according to its Chapter 11 filing in Delaware.
A week after announcing massive layoffs in the U.K., DLA Piper is considering inking a formal law alliance with a Singapore firm in order to practice local law in the city-state.
Will other big firms follow?
The legal giant's latest expansion effort south of the border involves a dispute between two former colleagues and offers clues about Dentons' other global affiliations.
A half-dozen big firms are advising on two key transactions in the embattled energy space, as a pair of oil field services companies and natural gas producers agree to combine.
The firm, which was forced to relocate its Los Angeles office in late 2014 because of a massive fire caused by arson, is suing a local real estate developer in an effort to recoup damages from the hasty move.
The firm plans to move nearly 5 percent of its global support roles to a new back-office center in the Philippines. The U.S. and Canada will bear the brunt of local job cuts.
Moms with middle schoolers feel super stressed, but so what?
A little more than a year after Richard Levin joined Bryan Cave, where he served as a partner and co-chair of the firm's digital currency team, the corporate lawyer has lateraled to another leadership post at fast-growing Polsinelli.
"Widespread overcapacity" is hindering profitability at more than two-thirds of large firms, according to new survey by Altman Weil that cites underworked nonequity partners as a big part of the problem.
One year into his role as chairman of Hinshaw & Culbertson, Kevin Burke has shaken up the Chicago-based firm's top management in pursuit of a new branding initiative that seeks to make it a market leader in advising other law firms facing legal issues.
The company will now have to convince New York’s top court if it wants a chance to revive its lawsuit against former lawyers for accused fraudster Paul Ceglia.
A half-dozen big firms shuffled practice leaders within the past week; Skadden snags a high-profile arbitration expert in Hong Kong; the founding partner of Weil’s Rhode Island office departs; and other notable laterals from throughout The Am Law 200.
After taking the Saudis' best punch, the 9/11 bill passes the Senate unanimously.
With the passage of a key deadline, any plans for nonlawyer investment in law firms will have to wait.
Barack Obama, poised to cede his POTUS role next year, has received an offer for where to take his post-White House career. And it's from a law firm, although not one in The Am Law 100. Instead the president's legal suitor is slightly smaller and hails from Dubai.
Seth Waxman, meet your new neighbor, Seth Waxman.
On the menu this week in The American Lawyer's Continental Breakfast series: Lawyers on Demand co-founder Simon Harper digests the spectacular growth of the alternative legal services pioneer.
Good news for grumpy workers.
The restructuring practices at the two top Am Law 100 firms are advising on two more Chapter 11 cases filed Monday by Breitburn Energy Partners LP and SandRidge Energy Inc.
The billionaire reality television star and the former secretary of state don’t agree on much, but they’ve both found reasons to turn to ex-candidate Ted Cruz’s former law firm.
The agency took aim at a pair of Texas lawyers—one with ties to a notorious patent holder and another with Am Law 200 credentials—over an alleged scheme to cheat small business owners out of millions of dollars.
With fewer people finishing law school each year, a greater proportion of them should be finding work. Instead, even nonlaw jobs are declining for recent grads.
Three months after Mylan NV once again turned to Cravath, Swaine & Moore to handle another multibillion-dollar deal, the firm is at it again for the acquisitive generic drug giant.
Research into recent recruitment trends by international firms in London has found that they brought in over 20 percent more partners in 2015 than the year before, with total partner numbers climbing by 6 percent across the group year-on-year.
Charles Bennett, a former corporate lawyer at Skadden, Arps, Slate, Meagher & Flom accused of perpetrating a $5 million Ponzi scheme, saw federal prosecutors push for him to receive more than four years in prison for his actions. Bennett has had his own shop since 2001.
Former Dewey & LeBoeuf executive director Stephen DiCarmine wants to represent himself in his upcoming retrial. He thinks it’s a good idea; no one else does.
Most big firm lawyers are known for taking clients to lunch, not making it. But for Jake Freed, a San Francisco-based litigation associate at Davis Wright Tremaine, starting a ramen noodle shop named after his prized pooches was a no-brainer.
The former Dewey & LeBoeuf partner, who spoke out about the firm's downfall prior to its subsequent demise, is leaving DLA Piper to help form a business.
The latest quarterly study by Citi Private Bank’s Law Firm Group found that most firms more than weathered the tough market conditions that have dominated early 2016.
The Chapter 11 filings of Linn Energy LLC and Penn Virginia Corp. brought two more big energy-related bankruptcies into a stable of cases collected by Kirkland & Ellis. The Linn case alone is the third-largest bankruptcy filed so far this year.
A survey by BTI Consulting found a big jump in the the top rates paid to the priciest partners.
As lawyers position themselves to represent clients embroiled in the Panama Papers scandal, a legal ethics attorney says now is a good time for firms to re-examine their intake policies, especially in foreign offices.
In 2016, the corporate alien tort is more alive than dead.
Acritas Research found that clients paid more to outside counsel teams that they rated as diverse, and general counsel were more likely to recommend diverse teams to other potential clients.
Besides leading to big breakup fees, lawyers say foiled mergers involving giants like Staples and Halliburton may be deterring other megadeals from being proposed.
A gutsy admission? Or career suicide?
The firm, which is representing presumptive Republican nominee Donald Trump, cited “expected congestion” for its decision.
Ryan Walsh, a former Bryan Cave litigation associate who pleaded guilty in February to charges of threatening to kill a partner back in 2013, was sentenced to three years' probation Tuesday by a federal judge in St. Louis.
After a review of its business services functions, the global legal giant plans to cut up to 200 support jobs in the U.K., with the bulk of those roles being moved to a new operations center in Warsaw.
A quartet of cybersecurity pros plies their wares at new firms; Blank Rome hires a former U.S. senator; Cooley adds a high-powered private equity team; Orrick adds again in Paris; and other notable additions from throughout The Am Law 200.
Move over, kale and quinoa. This week it’s doughnuts and ice cream keeping deal lawyers happy.
Oklahoma City’s Chaparral Energy tapped Latham & Watkins to guide it through Chapter 11, while Skadden and Kirkland both faced questions over their fees in other recent energy industry bankruptcies.
Dentons, in its latest growth bid, announced this week the formation of a global referral network in an effort to establish itself as a brand able to connect clients with lawyers around the world. The firm is also poised to open an office in Munich.
Even the Careerist needs some fun and frivolity once in a while.
A nonprofit published a database of offshore entities culled from leaked documents at Panama's Mossack Fonseca. But while the names of dozens of law firms emerged in the disclosures, internal emails and other source materials remained out of public view.
What was Boies doing on the hit TV show?
The debate could have major implications for access to legal services in the U.S. and for the future of firms that compete globally. So why are the country’s most powerful firms sitting it out?
The firm announced the addition of seasoned transactional lawyers in New York, Silicon Valley and London, including former Cadwalader private equity chief Ronald Hopkinson.
Just months after co-founding the elite new litigation boutique with Paul Weiss’s Beth Wilkinson and other high-profile Big Law alums, partner Eric Liebeler has left the firm.
Big-ticket litigations involving scores of lawyers may be thinner on the ground these days, but a surge in global anti-corruption probes appears to be making up for it at a number of firms.
The former Beltway-based leader of Chadbourne & Parke starts his own shop; Bracewell and Sidley make some big New York hires; a boutique investment bank recruits from Sullivan & Cromwell; and other notable additions from throughout The Am Law 200.
Plenty of familiar names from The Am Law 200 and Global 100 appeared in an early version of a searchable online database drawn from the leaked files of offshore firm Mossack Fonseca.
Kirkland & Ellis may have cornered the market on debtor-side cases for troubled energy clients, but Weil, Gotshal & Manges snagged roles this week on three other recent Chapter 11 cases of note for Aéropostale, CHC Group and Fairway.
Baker & Hostetler is the first law firm to make public that it has licensed the artificial intelligence product using IBM’s Watson technology for bankruptcy matters.
The industry lost 1,500 jobs in April after gaining jobs in March, according to the U.S. Department of Labor’s Bureau of Labor Statistics.
It will always be a great time to go to some law schools. It will never be a great time to go to others.
A judge urged former Dewey & LeBoeuf executive director Stephen DiCarmine not to split with Bryan Cave’s Austin Campriello, saying that the risks of representing himself were too great.
The lawyer, spinmaster and longtime Clinton ally has a new law firm, Davis Goldberg & Galper, and a new public relations shop to go with it.
The first week of May was kind to several Am Law 100 firms, as a handful of health care, real estate and technology deals provided a boon to corporate transactional coffers.
Magic Circle firm Allen & Overy has bolstered its Australia practice with the hire of a three-lawyer securities team from the soon-to-be-shuttered Sydney office of Skadden, Arps, Slate, Meagher & Flom.
More comings-and-goings at Kirkland & Ellis; cybersecurity hiring stays hot at Cooley and Covington; Latham & Watkins snags another lateral in Germany; Paul Weiss restocks its litigation group; and other notable additions from throughout The Am Law 200.
Having already grabbed a handful of key debtor’s-side roles for struggling energy companies, Kirkland & Ellis added two more Chapter 11 cases to its docket this week, snagging assignments for Houston's Ultra Petroleum Corp. and Midstates Petroleum Inc.
Cooley is poised to hire Andy Roth, head of the global privacy and cybersecurity group at Dentons, as a partner for its privacy and data protection practice in New York.
Elizabeth “Betty” Temple, the new leader of Womble Carlyle Sandridge & Rice, talks about building the “superregional” firm of the future, and how she landed a job she hadn't even considered seeking.
New York City's efforts to grow as an East Coast technology hub are being helped by Tech:NYC, a new nonprofit headed by a former Loeb & Loeb and Dentons lawyer that has two Am Law 100 alums on its board. Gunderson Dettmer is also involved with the organization.
Meredith "Mimi" Addy is on the move again. Less than two years after joining Katten Muchin Rosenman as national chair of its patent litigation practice, Addy has linked up with Windy City-based litigation boutique Tabet DiVito & Rothstein.
Slater & Gordon, an Australian plaintiffs shop that became the world's first publicly traded law firm in 2007, has reached a $630 million debt refinancing deal with lenders to avert a potential bankruptcy filing Down Under.
David Bernick, a former general counsel of tobacco giant Philip Morris International Inc., has left Dechert for Paul, Weiss, Rifkind, Wharton & Garrison, which restocked its litigation group after a notable departure in January.
A growing percentage of large law firms say that they have turned to an outside funder to underwrite cases, according to a poll by litigation finance company Burford Capital Ltd.
Chadbourne & Parke's outpost in the Polish capital, which it opened in 2004, has been spun off into its own local firm.
A lawsuit filed in Los Angeles by a former Lateral Link recruiter alleges that the firm underpaid California workers.
Tom Brady may have added Gibson Dunn's Ted Olson to his Deflategate appellate litigation team, but his own NFL franchise, the New England Patriots, saw its outside firm Morgan Lewis recently land an in-house lawyer who had worked for its star quarterback's father.
Study finds that law school rankings encourage cheating, lying.
After striking a deal with Chadbourne & Parke, investors are hoping for another chance to pursue claims that Proskauer Rose helped R. Allen Stanford conceal his Ponzi scheme from regulators.
A family feud involving top New York litigator Nicholas Gravante Jr. got worse when his 81-year-old mother allegedly called his firm and his friends to call him a lying cheat.
DLA Piper bags new recruits from Skadden and Willkie Farr; Chadbourne & Parke picks up a partner with World Cup ties; Cleary Gottlieb adds an Allen & Overy practice leader; Stroock nabs a former federal judge; and other notable additions from throughout The Am Law 200.
It's the end of an era. Milbank, Tweed, Hadley & McCloy is poised to leave New York City's financial district for midtown Manhattan, a departure that moves the Wall Street firm from the historic home of a banking icon to a new development on the West Side.
Husch Blackwell stands to grow more than 25 percent larger with the addition of 150 lawyers from Wisconsin’s Whyte Hirschboeck Dudek.
Employees will leave anyway, so why bother being a good boss?
What should a law school’s mission be? Most deans would rather not ask that question.
A leader of Morrison & Foerster’s national trial practice, Huston was also a fighter pilot, a former Navy officer and a best-selling author.
Abbott Labs seeks to buy St. Jude Medical for $25 billion; Sanofi makes a $9.3 billion bid for Medivation; AbbVie offers $5.8 billion for Stemcentrx; and a look at the big firms behind those proposed megadeals.
Orrick, Herrington & Sutcliffe has launched a project with the Americans for Safe Access Foundation—a national cannabis advocacy group—to provide pro bono support to medical marijuana patients.
Curtis, Mallet-Prevost, Colt & Mosle will become one of the small number of international firms with offices in Switzerland when it opens in Geneva next month.
When Kristen Jarvis Johnson left her senior associate position to focus on her startup toy company, she invited the Internet along for the ride.
The five remaining U.S. presidential candidates all have a need for outside counsel on the campaign trail, and not surprisingly it’s the two frontrunners that have accrued the most in legal expenses.
Three years after Wilson Elser Moskowitz Edelman & Dicker expanded into Milwaukee after a merger, three litigation partners have left the Am Law 100 firm's office in the city to start their own shop.
Many of the original plaintiffs didn’t live to see their attorneys prevail at the U.S. Supreme Court, but hundreds of terror victims and their family members are finally close to collecting from Iran.
The Philadelphia-based firm bolts on smaller wealth management shops in California and Florida; Jenner & Block rebuilds its government contracts group; Sidley Austin hires MoFo's ERISA head; and other notable additions from throughout The Am Law 200.
A quick and dirty take on the news.
At least three law firms are now working with First Republic Bank to help their associates pay down hundreds of thousands in law school debt at reduced rates. Dozens of others are working with nontraditional lenders such as SoFi to implement similar programs.
A case filed by a former Quinn Emanuel Urquhart & Sullivan client who sued the firm over what he claimed were “excessive" legal fees was sent to arbitration by a Florida state court judge in Miami.
Carl Icahn isn’t ready to walk away from his malpractice battle with Wachtell, Lipton, Rosen & Katz.
The American Bar Association defended its decision to walk away from a book deal with Chinese lawyer Teng Biao, telling skeptical U.S. lawmakers that the move was strictly business.
Mariah Klinefelter, 35, a former associate at McGuireWoods most recently employed at Steptoe & Johnson PLLC in suburban Pittsburgh, was killed Friday after being struck by an SUV while on vacation in Florida. Her infant son is in stable condition.
Firm leaders and industry consultants said that The American Lawyer’s Am Law 100 survey mostly confirmed their expectations, and most said that they expected more of the same in 2016.
Kirkland & Ellis goes back a long way with the beleaguered Tribune Publishing Co., which is now eyeing an $815 million offer from Gannett Co.
The two Am Law 100 firms brought on new partners in the cybersecurity and data privacy space by making hires from Blank Rome and Hunton & Williams.
Cravath may have stepped in to help Argentina end its legal battle with bondholders, but the country turned to its longtime counsel at Cleary Gottlieb to guide its re-entry into global capital markets.
Ronald Cami heads to Davis Polk & Wardwell in Silicon Valley; Davis Wright Tremaine adds a former top federal prosecutor; another Bracewell partner departs; a new IP boutique forms inside the Beltway; and other key additions from throughout The Am Law 200.
The unheralded lesson of the recent presidential primaries may be as important as the outcome.
On the menu this week in The American Lawyer's Continental Breakfast series: Yingke executive chair Linda Yang on the spectacular growth of the 4,000-lawyer Chinese giant.
Prince, the legendary singer, songwriter, producer and man of myriad other talents, died Thursday at 57. The eclectic pop icon kept a bevy of high-profile lawyers busy during the past three decades.
Grads of lower rank schools often beat top schools in the partnership race.
Who’s on? Who’s off? How does your firm compare? Find out Monday when The American Lawyer releases its full Am Law 100 report, including rankings, features, firm profiles and more.
Four months after suing LeClairRyan for gender discrimination, former partner Michele Craddock is appealing a recent ruling sending her bias complaint against the firm to arbitration.
The firm is advising solar energy giant SunEdison Inc. on its Chapter 11 filing in New York, the largest by any U.S. company so far this year.
Wachtell, Skadden, Cleary Gottlieb and King & Wood Mallesons are advising on a $3.6 billion acquisition of U.S. printer maker Lexmark International Inc. by a Chinese-led consortium.
Russia won a crucial reprieve from a Dutch court, but the country and its lawyers at Cleary Gottlieb aren’t out of the woods yet.
To mark 420, the unofficial holiday for marijuana enthusiasts worldwide, The Am Law Daily spoke with some of the go-to Am Law 200 lawyers in the legal weed field.
A year after Edward Coulson joined leading U.S. plaintiffs firm Hausfeld in London, the antitrust litigator has returned to Berwin Leighton Paisner, a British firm where he spent more than a decade.
A congressional committee that monitors human rights in China wants the ABA's president to explain why the group reversed plans to publish a book by Chinese human rights lawyer Teng Biao.
A shift change at Jenner & Block; Duane Morris takes on 13 lawyers from two firms; DLA Piper partners form their own boutique; a Proskauer Rose litigator becomes CEO of a litigation financier; and other notable additions from throughout The Am Law 200.
Before The American Lawyer's complete annual Am Law 100 report is released on April 25, take a peek at preliminary reporting on law firm financials from The Am Law Daily and its regional affiliates.
Who fights Sanders' legal battles while his supporters are feeling the Bern? Brad Deutsch, who mixes political and communications law with advocacy on behalf of the legal cannabis industry.
Ahead of the publication next week of the annual Am Law 100 list, The Am Law Daily looked back at what has changed since The American Lawyer first published its rankings in 1985. The biggest difference between that year and 2016 is the size of the firms.
Studies find that women's pay gap narrows when men take paternity leaves.
Size may matter in litigation finance, but which funder will get the better returns?
The Legal Services Corp. is expected to announce a $1 million gift from the technology giant at the White House on Tuesday. The group will also name a new leadership council whose members range from Eric Holder to University of Michigan football coach Jim Harbaugh.
Therium is hoping a trio of former Am Law 100 lawyers can stake its claim to the U.S. litigation finance market.
Patrick Smith, co-chair of DLA Piper's white-collar and investigations group, has formed a new firm in New York called Smith Villazor with Rodney Villazor, a fellow former federal prosecutor who joined the global legal giant's litigation group last year.
The two Am Law 200 firms have been hired by Phillips Exeter Academy to probe sexual abuse allegations roiling the elite New Hampshire-based boarding school.
A former IT engineer at the firm got nine years for a cyberattack in 2011. Plus: A plaintiffs lawyer files the first of several promised law firm cybersecurity class actions.
In 2008, Thacher Proffitt & Wood was almost finished, and so was Jordan Harbinger’s Big Law career. Luckily for Harbinger, he'd already started planning his second act.
A four-lawyer team leaves Dykema Gossett to start their own shop; Norton Rose Fulbright nabs a dealmaker who nearly died in an African plane crash; a Seyfarth Shaw practice leader joins a high-profile boutique; and other notable additions from The Am Law 200.
Daniel Shapiro helped to found Schulte Roth in 1969, opened its London office in 2002 and remained an active partner at the firm.
After a slow start to 2016, capital markets in the U.S. are finally warming up with a bevy of high-profile public listings for a pair of big casino companies, as well as an electronic exchange operator, all of whom are sending millions in legal fees to Am Law 100 coffers.
Onetime Skadden associate Eve Runyon will serve as the group's president and CEO, following the death of founder and longtime leader Esther Lardent on April 4.
Seven major banks flunked a regulatory test this week. Luckily for the law firms involved, there’s still time for a do-over.
A year after combining with Canadian firm Davis, DLA Piper has closed its small office in Whitehorse, capital of the Yukon. But the global legal giant isn’t completely bailing out on the Klondike. The firm still has a Northwest Territories outpost in Yellowknife.
Behind all the post-settlement posturing, neither side in the Alan Dershowitz sex case really wants their secrets out.
A week after snagging a top spot in quarterly league transactional tables, White & Case has been tapped for some big oil work in Mother Russia.
Ted Wells launched the first volley this week in a brewing battle involving climate change, free speech and prosecutors’ ability to partner with the plaintiffs bar.
It’s not impossible to address legal problems cheaply and efficiently for low-income clients. Just ask Allen Schwartz, whose Chicago hotline has been doing it for 23 years.
A proposal to limit foreign influence in U.S. politics is unlikely to survive a vote by the Federal Election Commission. But the idea may find a way forward in the courts.
Peabody Energy Corp., the world's largest privately owned coal miner, filed for bankruptcy in St. Louis on Monday. The two Am Law 200 firms have landed lead debtor's counsel roles in the Chapter 11 case, the latest by a major energy company this year.
Meagan Newman, co-chair of Seyfarth Shaw's environmental, safety and toxic tort practice in Chicago, has joined high-powered litigation boutique Bartlit Beck Herman Palenchar & Scott as chief administrative officer in the Windy City.
Big Law tends to attract and reward aggressive personalities. What happens when the aggression is turned against a partner’s own firm?
Two longtime Am Law 100 partners start post-legal careers; Kirkland & Ellis hires in Germany; Orrick grows in Europe; Reed Smith makes moves amid merger talks; White & Case goes to Boston; and other notable additions from throughout The Am Law 200.
As New York's so-called Silicon Alley asserts itself, big firms are responding by hiring lawyers who work with emerging companies based on the East Coast.
After three years on the job, Mitchell Zuklie talks about what’s changed since he took over the reins of the firm from longtime leader Ralph Baxter.
Five years after paying $612 million for cybersecurity company SecureWorks Corp., tech giant Dell Inc. is poised to pull off an IPO valuing the former at $1.4 billion. Hogan Lovells and Davis Polk & Wardwell also stand to benefit from 2016’s first big tech listing.
Proskauer Rose stayed in growth mode last year, posting slight gains in gross revenue, profits per partner and revenue per lawyer.
Under a contingency fee deal with the National Credit Union Administration, the firms may enjoy a hefty cut of a $5.1 billion settlement with Goldman that was announced on Monday.
Dershowitz's opponents say they're willing to waive confidentiality. Is he?
Four McDermott Will & Emery partners are leaving for White & Case, including the leader of McDermott’s white-collar practice.
Is your firm stacked with baby boomers? Crawling with Gen-Xers? See how each of the firms in the Am Law 200 compares.
Holland & Knight keeps hiring; Kirkland picks up one from Paul Weiss; Proskauer Rose reels in some heavy-hitters; and other notable additions from throughout The Am Law 200.
Alan Dershowitz's accusers admit "tactical" mistakes, so what does that really mean?
Mossack Fonseca says it hasn’t yet hired outside counsel. What kind of lawyers will it need?
Vanity Fair-like portraits. Profiles that convey spark and personality. Throughout The Am Law 200, firms are remaking their sites—to the tune of $200,000 to more than $1 million.
Structured finance and capital markets partner Matthew Cahill became the latest partner at the firm to run afoul of the law, withdrawing from the partnership in London after being accused of tax fraud in a film investment scheme.
The Solicitors Regulation Authority has asked several firms to clarify whether they are connected to the Panamanian law firm at the center of a huge leak of confidential financial data.
Some wrongful conviction cases end with lingering questions about the guilt of the accused. Not so with the case of Keith Allen Harward, a 60-year-old former U.S. Navy sailor who walked out of prison on Friday after more than three decades behind bars.
Self-styled experts concerned about the fate of the Cravath model have been wrong before; they’re wrong this time, too.
A new study finds a correlation between women's careers and their bosses' ideology.
Amid a downturn in deal volume on the heels of a record-breaking 2015, White & Case and Simpson, Thacher & Bartlett found themselves front and center for M&A league tables for the first quarter of 2016.
With dozens of high-level executives and politicians under investigation as part of a broad corruption probe, Hughes Hubbard has joined forces with a local anti-corruption lawyer.
After helping win $20 billion in settlements from banks that contributed to the financial crisis, Manisha Sheth will use her skills on behalf of New York state.
More moves from the firm formerly known as Bracewell & Giuliani.
The demise of a controversial tax inversion deal with Allergan may have frustrated Pfizer, but it doesn’t leave the U.S. drug giant that much poorer.
The firm boosted its revenue and profits in 2015 as it expanded in Dallas, Atlanta and elsewhere.
A pair of PE partners leave Weil; a rare hire by Wachtell; big firms raid Cadwalader and Reed Smith; Jenner & Block, Jones Day and Schiff Hardin rotate practice leaders; Goodwin Procter goes to Paris; and other notable additions from throughout The Am Law 200.
The silver lining? There are still nine months to go.
Lateral partner moves in Big Law tend to be highly scripted affairs, but sometimes the players go off script.
Law firm mergers have continued at a high pace in 2016, but the legal consultancy Altman Weil says it’s getting harder for large firms to find a good boutique to bolt on.
Sidley Austin, McCarter & English and Winston & Strawn are among a dozen legal advisers providing outside counsel and arbitration services to the Major League Baseball Players Association, according to a recent Labor Department filing.
Is having a female leader what it's cracked up to be? Maybe.
Bolstering its litigation ranks in Los Angeles, Proskauer announced Tuesday that it hired Bart Williams and Manuel Cachán from Munger, Tolles & Olson for its white-collar defense and sports law practices.
The international legal community had its Edward Snowden moment this weekend, when newspapers around the world began publishing excerpts from an unprecedented document leak tied to the law firm Mossack Fonseca.
Despite the loss of a leading M&A rainmaker, the firm says the 'Cravath System' is safe.
What does the 'Panama Papers' scandal mean for the republic of American lawyers?
Their 18-year friendship was as unlikely as it was strong. Then again, the trust between lawyers and clients can foster deep friendships, Isaacson said.
The moves continue a trickle of recent departures from Hunton & Williams across several practices.
Goodwin Procter is to open in Paris with the hire of a corporate team from King & Wood Mallesons, including its office managing partner, the firm announced Monday.
Partners and security experts reacted with alarm to news of the massive document leak from Panama offshore firm Mossack Fonseca.
McGuireWoods adds 13 partners in 13 days; Paul Weiss poaches a high-powered Cravath M&A partner; Kenyon & Kenyon loses two patent prosecution pros to Norton Rose Fulbright; and other notable additions from throughout The Am Law 200.
The move by Barshay, who advised on nearly $300 billion in M&A transactions last year, could have a big impact for both firms.