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Better Call Bartlett: Prosecutors Call Davis Wright Partner’s Work a Conflict

By Jennifer Henderson |

Federal prosecutors in Washington claim that Davis Wright Tremaine litigation partner Mark Bartlett—himself a former federal prosecutor—should be conflicted out of representing the state’s troubled auditor Troy Kelley.

Joel Sanders during a break on the first day of the Dewey & LeBoeuf trial..Criminal Court May 26, 2015

Dewey Day 2: CFO Just 'Blunt,' Says Lawyer, as Accountants and Ex-Partner Take Stand

By Nell Gluckman |

The second day of a criminal trial of three former Dewey & LeBoeuf leaders saw the lawyer for ex-chief financial officer Joel Sanders tell a jury Wednesday morning that his client worked hard to keep the now-defunct firm afloat, but did nothing illegal. The final opening statement came before the prosecution called its first witnesses—two accountants and a former Dewey & LeBoeuf partner—to testify.

The Churn

Quinn Emanuel Heads to Shanghai, Plus More Lateral Moves

By Brian Baxter |

Litigation giant Quinn Emanuel opens its first office in mainland China; Steptoe & Johnson snags four in Silicon Valley; Dentons follows up on its Newt Gingrich hire with several new additions; and other hires from throughout The Am Law 200.

Dewey's Demise Takes Center Stage

Dewey & LeBoeuf former chair Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders together face more than 100 criminal charges, including grand larceny, scheming to defraud, falsifying business records and conspiracy in the lead-up to the 1,300-lawyer firm's downfall in May 2012. All have pleaded not guilty.

Dueling Narratives in Trial of Ex-Dewey & LeBoeuf Leaders

By Julie Triedman and Nell Gluckman |

Jurors in a New York state court heard radically different characterizations Tuesday of the alleged roles of three former executives who are facing criminal fraud charges related to the 2012 collapse of Dewey & LeBoeuf.

Dewey Trial: A Timeline of Key Events

A look at the major developments leading up to Tuesday's opening arguments.

The Churn

Reed Smith Adds Seven as Sports Pro Departs, Plus More Lateral Moves

By Brian Baxter |

A seven-partner team will open a new Frankfurt office for Reed Smith, which saw a top sports lawyer head for greener fields; Foley Hoag brings on Massachusetts’ former attorney general; Cravath hires from Crowell & Moring; and more notable additions from throughout The Am Law 200.

Dealmakers of the Week: Eileen Nugent and C. Michael Chitwood of Skadden, Arps, Slate, Meagher & Flom

By Jennifer Henderson |

The two Skadden transactional lawyers advised Endo Pharmaceuticals on its $8.05 billion buy of generic-drug maker Par Pharmaceuticals from private equity firm TPG Capital.

Fertility Rate Is Up for Female Professionals

By Vivia Chen |

Women with advance degrees are having more kids.

Deadlines for Global Legal Awards, Litigation Departments of the Year Submissions

The American Lawyer is seeking nominations for its annual Global Legal Awards and Litigation Departments of the Year.

Am Law 100 Firms Looking Out for Military Employees

By Nell Gluckman |

With Memorial Day approaching, The Am Law Daily highlights the work of several firms doing good deeds for their military veteran and reserve workers.

Deal Watch: Four Am Law 100 Firms Prescribed Work on CVS-Omnicare Merger

By Jennifer Henderson |

Firms Prescribed Work on $12.7 Billion CVS, Omnicare Deal

A Long Road Back to Cravath

By Brian Baxter |

Cravath, Swaine & Moore, which experienced a rare lateral partner departure earlier this month, has brought back a former associate in Joseph Adams. Most recently the managing partner of Crowell & Moring’s New York office, Adams returns to Cravath as a senior attorney in its corporate group.

Sam Camp/iStock

Sheppard Mullin Finds New Orleans Police Making Progress—Slowly

By Nell Gluckman |

Sheppard Mullin is almost two years into its job as monitor of the New Orleans Police Department. Partner Jonathan Aronie has submitted five quarterly reports to the city documenting the department's progress, the latest of which was presented at a public meeting Wednesday night. But some in the community are frustrated with the lack of change they're seeing on the ground.

Mining Bankruptcies Yield Roles for Davis Polk, Kirkland

By Brian Baxter |

Less than two years after Davis Polk & Wardwell helped Patriot Coal emerge from bankruptcy, a global commodities slump has forced the U.S. mining giant back into Chapter 11 in Virginia. With struggling energy and natural resource companies being potentially lucrative clients in a down market for corporate bankruptcy work, two other firms swooped in to pick up Patriot Coal’s “Chapter 22” case, but Davis Polk still took the lead on another major mining bankruptcy.

Are Housewives with J.D.s or M.B.A.s Getting Bonuses?

By Vivia Chen |

Successful men are paying their wives bonuses.

The Churn

Gordon Silver’s Last Name Partner Departs, Plus More Lateral Moves

By Brian Baxter and Nell Gluckman |

Dickinson Wright hires a name partner from struggling Las Vegas legal mainstay Gordon Silver; Jones Day hires a Kelley Drye & Warren practice leader; Sidley Austin snags two partners in Houston and Singapore; and more notable hires from throughout The Am Law 200.

Cadwalader Partner Arrested for Disorderly Conduct

By Nell Gluckman |

Mecklenburg County police in North Carolina arrested Cadwalader, Wickersham & Taft capital markets partner Robert Ughetta on Sunday, charging him with disorderly conduct and resisting a public officer. Ughetta is based in New York and Charlotte.

Richards Kibbe Managing Partner Jumps to Patterson Belknap

By Jennifer Henderson |

Craig Newman, former co-managing partner of Richards Kibbe & Orbe, has made the move to fellow New York-based firm Patterson Belknap Webb & Tyler. Newman will serve as a partner in Patterson Belknap's litigation department and will lead its privacy and data security practice.

Greenberg Traurig Grabs Cadwalader Energy Leader

By Brian Baxter |

Gregory Lawrence, the former co-head of Cadwalader, Wickersham & Taft’s renewables practice and head of its energy regulatory group, has joined Greenberg Traurig as a partner in Boston and Washington, D.C. Lawrence came to Cadwalader more than four years ago when the firm announced plans for a Houston office.

Are Big Firm Lawyers Incapable of Happiness?

By Vivia Chen |

Study finds that lawyers in lucrative, prestigious positions are miserable.

Dentons to Develop New Technologies Through NextLaw Labs

By Jennifer Henderson |

The firm on Monday unveiled NextLaw Labs, a wholly owned subsidiary through which Dentons will invest in and develop technologies so that attorneys can deliver services to their clients "better, cheaper, faster," according to Dentons global chairman Joseph Andrew.

Paul Hastings’ São Paulo Hire Sticks With Allen & Overy

By Nell Gluckman |

About two months after Paul Hastings announced that it would open a São Paulo office with three laterals from Allen & Overy, one of those partners has decided to stay put. Bruno Soares, the only one of the three who is actually based in Brazil, will remain with Allen & Overy.

Locke Lord Partner and Baseball Team Owner Dies Suddenly

By Brian Baxter |

James Skeffington, an Edwards Wildman Palmer-turned-Locke Lord partner in Providence who earlier this year led an ownership group that bought the top minor league team of Major League Baseball’s Boston Red Sox, died from a heart attack while jogging over the weekend.

The Churn

Musical Chairs at Squire Patton Boggs, Plus More Lateral Moves

By Brian Baxter |

As the one-year anniversary of the firm’s creation draws near, several more Squire Patton Boggs partners seek new homes; Baker & Hostetler brings on roughly 30 lawyers from McKenna Long & Aldridge ahead of the latter’s June 1 merger with Dentons; Boies, Schiller & Flexner bags another federal prosecutor; Greenberg Traurig grows in Poland; and more notable hires from throughout The Am Law 200.

Pressure Drop at Paul Hastings: E-Discovery Expert Has Reggae Past

By Nell Gluckman |

Thomas Barnett, an electronic discovery expert who joined Paul Hastings as special counsel last year, once led a very different life as a professional saxophone player. At the peak of his musical career, Barnett toured with reggae band Toots and the Maytals, before heading on to law school.

Dealmaker of the Week: Frederick Green of Weil, Gotshal & Manges

By Jennifer Henderson |

Frederick Green, co-chair of Weil, Gotshal & Manges’ transactions practice, took the lead for Verizon Communications on its $4.4 billion acquisition of AOL.

Cravath Gets It Right, Again

By Steven J. Harper |

There’s more to the firm’s latest lateral partner move than meets the eye.

Another Las Vegas Mainstay Sees Defections Amid Changing Landscape

By Nell Gluckman |

More than 12 key attorneys are leaving the Las Vegas shop Gordon Silver this week to form their own firm. The departures come just five months after another Nevada mainstay, Lionel Sawyer & Collins, closed its doors amid partner defections.

Sidley Austin Snags Simpson Thacher's LA Leader

By Brian Baxter |

Daniel Clivner, managing partner of Simpson Thacher & Bartlett’s Los Angeles office, is poised to leave the firm to open a Century City office for Sidley Austin as the latter prepares to celebrate its 35th anniversary in the city. Clivner, 51, will serve as co-head of Sidley’s Los Angeles outposts.

Am Law 200 Partner Apologizes, Then Resigns, After Sexting Intern

By Brian Baxter |

John Diehl Jr., a real estate development and construction partner at Husch Blackwell who joined the firm's St. Louis office last fall from Armstrong Teasdale, resigned as speaker of Missouri's House of Representatives less than 24 hours after publicly apologizing for sexually charged text messages he exchanged with a college freshman intern.

Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

By Jennifer Henderson |

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

Lifestyles of 
The Am Law 100

By Vivia Chen |

It's all a day at the beach, but which beach?

Greenberg Traurig Adds Two Real Estate Teams in Warsaw

By Nell Gluckman |

The additions come from Allen & Overy and Norton Rose Fulbright and bring Greenberg Traurig's attorney count in Warsaw to 80, with 30 lawyers working in the region's real estate industry.

Tom Brady

Morgan Lewis, Winston & Strawn Enter NFL's Deflategate Drama

By Brian Baxter |

The fiasco surrounding underinflated footballs in a key National Football League playoff game earlier this year continues to draw more high-powered Am Law 100 lawyers, including a pair of litigators from Morgan, Lewis & Bockius and Winston & Strawn that previously worked at now-defunct firms, in the aftermath of a controversial investigative report released last week by Paul, Weiss, Rifkind, Wharton & Garrison.

The Churn

Accounting Firm’s Legal Arm Expands in London, Plus More Lateral Moves

By Brian Baxter |

EY Legal, the legal services unit of accounting giant Ernst & Young, launches a financial regulatory practice in London with 12 lawyers from two Am Law 100 firms; Foley Hoag opens in New York; a senior Wilmer partner goes in-house; a Cravath partner departs; more machinations at McKenna Long & Aldridge; and other notable additions from throughout The Am Law 200.

The American Lawyer Announces Transatlantic Legal Awards Finalists for 2015

By Brian Baxter |

The American Lawyer announced this week the finalists of its 2015 Transatlantic Legal Awards. These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm innovation, commitment to pro bono, outstanding transatlantic strategy and in-house leaders.

Survey: Firm Leaders Say Overcapacity Is Hurting Profitability

By Nell Gluckman |

Altman Weil's seventh annual survey of law firms reveals that most have not bounced fully back since the Great Recession. Among the biggest challenges facing big firms today are overcapacity, new sources of competition and aging partners who don't have solid succession plans.

Singapore

Dentons Shuttering Singapore Office on Heels of Dacheng Combination

By Jennifer Henderson |

The global legal giant will close its banking and finance outpost in Singapore as a result of its tie-up with China's Dacheng, a union that creates the world's largest law firm with 6,600 lawyers.

Cravath Bankruptcy Partner Departs for Jenner & Block

By Nell Gluckman |

In a rare lateral move, Richard Levin is leaving Cravath, Swaine & Moore after almost eight years to join Jenner & Block’s restructuring practice. Levin was an author of the 1978 U.S. Bankruptcy Code and recently helped save the Detroit Institute of Arts during the Motor City’s historic bankruptcy proceedings.

London skyline

Gateley First Major U.K. Law Firm to Tap Public Markets

By Brian Baxter |

Following in the footsteps of Australia’s Slater & Gordon, regional midmarket British firm Gateley is planning a potential listing on the London Stock Exchange’s Alternative Investment Market. The future float would value Birmingham, England-based Gateley at roughly $210 million.

DLA Piper Debuts Noble Street Advisory Arm

By Jennifer Henderson |

The global legal giant has announced the creation of a London-based M&A and corporate finance consulting business to focus on entertainment, media, technology and sports ventures.

The Churn

Three Firms See Departures Continue, Plus More Lateral Moves

By Brian Baxter |

McKenna Long & Aldridge, O’Melveny & Myers and Pillsbury Winthrop Shaw Pittman see more partners peel away; a former Bingham McCutchen tax partner rejoins her former colleagues at Morgan, Lewis & Bockius; a Latham & Watkins antitrust litigator launches her own boutique; and other notable moves from throughout The Am Law 200.

Orrick Introduces New Parental Leave Policy For Working Moms

By Julie Triedman |

Hoping to "crack the code" about how to best attract and retain women lawyers, Orrick, Herrington & Sutcliffe is rolling out what its leaders say is among the most generous parental leave programs at any major U.S. firm.

From left with hands folded: Dewey LeBoeuf attorneys Stephen DiCarmine; Zachary Warren; Joel Sanders; and Steven Davis are led into court.

Jury Selection Completed for Dewey & LeBoeuf Criminal Trial

By Nell Gluckman |

A panel of 12 jurors and eight alternates were selected for the trial of three former leaders of now-defunct Dewey & LeBoeuf.

James Woolery

Another Colossal Lateral Mistake

By Steven J. Harper |

Most lateral hiring mistakes get shoved under big law firm rugs, but this one won't fit there.

Dealmakers of the Week: Matthew Hurd and Krishna Veeraraghavan of Sullivan & Cromwell

By Jennifer Henderson |

Matthew Hurd, co-head of the firm’s health care and life sciences group, and M&A lawyer Krishna Veeraraghavan, who made partner in 2011.

Legal Services Gains 2,300 Jobs in April, But Industry Layoffs Continue

By MP McQueen |

The number of individuals employed in the legal services industry increased in April, despite a recent spate of staff reductions at Am Law 200 firms. Proskauer Rose became the latest to join those making cutbacks.

Deal Watch: Am Law Trio Guides $8.4 Billion Rare Disease Drug Deal

By Jennifer Henderson |

The pharmaceutical industry once again reigned supreme on the transactional front this week, although a pair of Am Law 100 firms also helped an iconic New York property change hands.

Citi Report: Law Firm Expenses Outpace Revenue in First Quarter

By Gretta Rusanow |

Last year was the best the legal industry has had in the post-2008 environment. Will 2015 continue that trend? Not based on the first-quarter results. Demand was essentially flat, translating into modest revenue growth. At the same time, expenses grew at a much faster pace than revenue, placing pressure on margins.

Best and Worst Law Schools in Job Placement

By Vivia Chen |

Cornell Law School trounces most top 10 schools in the job department.

'Jena Six' Member Heads to Law School

By Jennifer Henderson |

Theodore "Theo" Shaw—whose arrest in December 2006 drew outrage over the severity of the charges brought against him and five others in the beating of a white classmate—is one of five recipients of the Gates Public Service Law Scholarship at The University of Washington School of Law, which he will attend in the fall.

'Human Capital' Theory Doesn't Explain Law Grad Earnings

By Matt Leichter |

The authors of a new study on law grads' earnings still avoid discussing the simpler reason law grads make more than most.

Jim Rishwain, Pillsbury Winthrop firm chair

Pillsbury's Newly Re-Elected Chair to Relinquish Post in 2016

By Nell Gluckman |

James Rishwain, who has served as chair of the firm since 2006, will step down in December 2016 after completing the term he was recently re-elected to. The announcement comes after much turnover at the firm, including the defection of a group of corporate lawyers to Winston & Strawn earlier this year.

The Churn

K&L Gates Absorbs Austin Shop, Plus More Lateral Moves

By Brian Baxter |

Despite a recent spate of departures, K&L Gates absorbed three-partner Moltz Morton & Glenn in Austin, Texas; Cozen O’Connor brings on a 10-lawyer state attorneys general group from Dickstein Shapiro; White & Case raids Clifford Chance in the Middle East; and more notable hires from throughout The Am Law 200.

Ferguson's Hire of Winston & Strawn Chair Comes at a High Price

By Jennifer Henderson |

The beleaguered city was thrust into the national spotlight after the police shooting death of an unarmed black teen. Now Ferguson has hired Winston & Strawn chairman and litigator Dan Webb for representation related to a Department of Justice probe, at an eye-popping rate of $1,335 an hour.

Everest College in City of Industry, California, one of the remaining Corinthian Colleges that closed on Monday. April 27, 2015.

A Boon to Big Firms as Corinthian Colleges Goes Bust

By Brian Baxter |

A week after shuttering its last 28 campuses in the aftermath of a crippling settlement with the U.S. Department of Education last year, Corinthian Colleges filed for bankruptcy Monday in Delaware. The for-profit company’s Chapter 11 filing marks the largest collapse of a higher education provider in U.S. history and reveals some of Corinthian’s mounting legal bills ahead of its demise.

Men Want Daughters To Be Independent (Wives, Not So Much)

By Vivia Chen |

Few men want housewives these days.

The Churn

McKenna Defections Mount Ahead of Merger, Plus More Lateral Moves

By Brian Baxter |

Covington & Burling and Pillsbury Winthrop Shaw Pittman pick up partners from McKenna Long & Aldridge as the latter prepares to merge with Dentons; Kirkland & Ellis and Mayer Brown make European antitrust hires; a Sidley Austin litigator flies solo; and other notable moves from throughout The Am Law 200.

Wilmer Bolsters Denver Office With Hogan Lovells Energy Partner

By Nell Gluckman |

Wilmer Cutler Pickering Hale and Dorr made another addition to its year-and-a-half-old Denver office with the hire of energy partner Andrew Spielman, former co-head of Hogan Lovells’ energy practice.

Michael Aiello.

Dealmaker of the Week: Michael Aiello of Weil, Gotshal & Manges

By Jennifer Henderson |

Aiello, chairman of the corporate department at Weil, advised information management company Iron Mountain Inc. in its $2.1 billion acquisition of Australia's Recall Holdings Ltd.

Djibouti

Suspended Gibson Dunn Partner Confirms His Departure

By Jennifer Henderson |

Dubai-based partner Peter Gray, who was suspended from Gibson, Dunn & Crutcher after being accused of knowingly submitting false evidence against a Djibouti businessman, has confirmed to The Am Law Daily that he has left the firm.

From Saigon to Big Law and Back Again

By Brian Baxter |

On the 40th anniversary of the fall of Saigon, The Am Law Daily catches up with several Vietnamese- American lawyers to discuss the journey from refugee to Big Law.

Deal Watch: Skadden, Kirkland Advise on $4 Billion Outsourcing Company Merger

By Jennifer Henderson |

A merger between a pair of international outsourcing and consulting companies tops the list of billion-dollar deals this week, with Paris-headquartered Capgemini agreeing to acquire iGate, based in Bridgewater, New Jersey, for $4 billion.

Firms Seek New Ways to Respond to Shrinking Bankruptcy Filings

By Jennifer Henderson |

With bankruptcy filings down 12 percent at the end of March compared with a year ago, firms with bankruptcy practices are increasingly working with clients on out-of-court restructurings as well as focusing their efforts on financially troubled industries.

Norton Rose Fulbright Names New Global Chair

By Nell Gluckman |

Corporate partner Ken Stewart assumes the one-year position of global chairman, succeeding Johannesburg-based Sbu Gule.

K2 Intelligence Pushes Into Cyber Defense

By Nell Gluckman |

The company is making a major foray into the fast growing field of cyber protection. K2 Intelligence, which often works in tandem with Am Law 100 firms, recently secured an investment from AIG to do cybersecurity work and on Tuesday announced the hire of the FBI agent who investigated the JPMorgan Chase security breach.

Boies and Dershowitz Go Mano a Mano

By Vivia Chen |

Boies strikes back at Dershowitz. And Dershowitz counters.

The Churn

Arent Fox Adds Real Estate Team, Plus More Lateral Moves

By Brian Baxter |

Another batch of lawyers departs McKenna Long & Aldridge ahead of its merger with Dentons; several Edwards Wildman Palmer legacy partners find new homes; Boies, Schiller & Flexner brings on a Justice Department veteran; and other notable additions from throughout The Am Law 200.

Orrick to Halve German Network With Two Office Closures

By Chris Johnson |

Orrick Herrington & Sutcliffe will shutter Frankfurt and Berlin bases later this year to focus practice on Düsseldorf and Munich, The American Lawyer has learned.

From left with hands folded: Dewey LeBoeuf attorneys Stephen DiCarmine; Zachary Warren; Joel Sanders; and Steven Davis are led into court.

Jury Selection Begins in Dewey Trial

By Nell Gluckman |

The much-anticipated trial of Dewey & LeBoeuf’s three former top executives is likely to last until October, and the process of selecting jurors who can devote enough time to the case will be long and arduous. Over 100 potential jurors filled out questionnaires Monday, but lawyers don’t expect to select anyone before Friday.

Aspirational Legal Weed Company Sparks Up With Drinker Biddle

By Brian Baxter |

Drinker Biddle & Reath has been retained as corporate and securities counsel to CannaPharmaRx, an early-stage pharmaceutical company focused on advancing research and discovery in the cannabinoid industry.

After In-House Gig at GE Capital, Lucrative Litigation Shop Lures Back Ex-Partner

By Jennifer Henderson |

Former Susman Godfrey partner Stephen Shackelford will return to the firm in its New York office on May 1 after serving as executive counsel for litigation at GE Capital, a company poised to be broken up by its corporate parent.

The Churn

McKenna Long Tax Chief Departs, Plus More Lateral Moves

By Brian Baxter |

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.

David Rosewater of Schulte Roth:

Top Activist Lawyer Lands on a New Team

By Brian Baxter |

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.

Dealmaker of the Week: Steven Browne of Morgan, Lewis & Bockius

By Jennifer Henderson |

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.

Thinking Beyond the Am Law 100 Rankings

By Steven J. Harper |

The annual Am Law 100 rankings are only a slice of Big Law's story.

Boies Takes on Dershowitz in Sex Case

By Vivia Chen |

Another twist in the case involving allegations of underage sex and the Harvard professor.

Family Ties: S&C Partner Helps Private Equity Exec Buy NBA Team

By Brian Baxter |

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.

Deal Watch: Big Firm Pharma Deal Flow Continues With Teva’s Mylan Bid

By Jennifer Henderson |

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.

Kevyn Orr to Return to Jones Day

By Nell Gluckman |

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.

Paul Weiss, Slaughter and May Counsel Deutsche Bank on $2.5 Billion Settlement

By Nell Gluckman |

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.

JPMorgan Chase Accuses Ex-Dewey Partner of Lying About Assets

By Nell Gluckman |

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.

Should Cadwalader Be on Yale Law Women's Top 10 List?

By Vivia Chen |

Despite low female partner rates, the firm gets Yale Law Women's top honors.

Adams and Reese Names New Managing Partner

By Jennifer Henderson |

Adams and Reese tapped Guilford Thornton Jr., a partner specializing in governmental and legislative relations, to lead the firm from its Nashville office.

The Churn

Half-Dozen K&L Gates Partners Decamp, Plus More Lateral Moves

By Brian Baxter |

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.

Perkins Coie Managing Partner Juggles Past With Future

By Julie Triedman |

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.

Jackson Lewis Launches New Firm in Hawaii

By Jennifer Henderson |

Jackson Lewis has decided to lei down the law by unveiling a new firm in Honolulu.

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.

Boies Schiller Bolsters Corporate Group With O'Melveny Hire

By Brian Baxter |

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.

Networking Doesn't Help Women

By Vivia Chen |

Business school study puts a damper on female bonding.

McDermott Loses International Arbitration Head to Mayer Brown

By Nell Gluckman |

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.

Map of Saudi Arabia.

DLA Piper Opens Second Saudi Arabia Office

By Jennifer Henderson |

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.

Sony's Hacked Emails a Treasure Trove for Attorney-Client Relations

By Brian Baxter and Nell Gluckman |

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.

The Churn

New Hires Beget New Horizons, Plus More Lateral Moves

By Brian Baxter |

Goodwin Procter launches a London private equity practice; Dentons arrives in Budapest; Fox Rothschild opens in Chicago; Polsinelli puts down stakes in Nashville; and other notable moves from throughout The Am Law 200.

Dealmaker of the Week: Warren Gorrell of Hogan Lovells

By Jennifer Henderson |

Gorrell advised General Electric Co. in the $26.5 billion sale of GE Capital's real estate portfolio to funds managed by Blackstone LP, along with Wells Fargo & Co. and additional buyers.

Dentons Strikes Again

By Steven J. Harper |

As Dentons merges with yet another firm, its leaders are out to shatter "myths" about law firm growth. But what if they're not myths?

Cleary Gottlieb, Allen & Overy Get Google’s Antitrust Call

By Nell Gluckman |

The two firms are divvying up the task of advising Google on antitrust claims leveled at the technology giant this week by the European Union.

Deal Watch: Am Law Firms Get Electric With $26.5 Billion GE Capital Deal

By Jennifer Henderson |

As hundreds of Am Law 100 lawyers work on the dissolution of General Electric's financial unit, three more big firms grab roles on Nokia's $16.6 billion acquisition of Alcatel-Lucent.

From Big Law to Beaver Creek, One Partner's Journey From Sheppard Mullin to Ski Scholar

By Jennifer Henderson |

Prentice O'Leary, a longtime bankruptcy lawyer at Sheppard, Mullin, Richter & Hampton, is spending his retirement as a part-time ski instructor at a major ski resort in Colorado.