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Are Law School Applications on the Rise?

By Vivia Chen |

News roundup: Law schools, bonus season and bad TV.

DLA Piper, Proskauer, S&C in Big Lights as NBA Season Begins

As the 2014-15 National Basketball season tips off this week, several Am Law 100 firms are getting in on some off-the-court legal action. DLA Piper has been retained to advise on a sale of the NBA's Atlanta Hawks, Sullivan & Cromwell is counseling the owner of the New York Knicks on a potential split of his company's operations and Proskauer Rose its representing the league itself on a landmark deal in Brazil. The NBA players' union also filed its annual operating report, which details legal fees paid to Paul Weiss, Orrick, Steptoe, Weil and Winston & Strawn.

David Tresch

Ex-Mayer Brown CIO Gets 27 Months in Prison

By Nathalie Pierrepont |

David Tresch, Mayer Brown’s former chief information officer who in April 2013 admitted to running an eight-year scheme to defraud the firm, was sentenced to 27 months in prison and also ordered to pay $1.1 million in restitution.

The Churn

Edwards Wildman Trio Departs, Plus More Lateral Moves

By Brian Baxter |

Three more Edwards Wildman Palmer partners head elsewhere amid the firm's looming merger vote with Locke Lord; Kirkland's latest lateral raid targets Skadden; a Bingham McCutchen restructuring partner heads in-house; Tom Daschle joins forces with Baker Donelson; and more notable hires from throughout The Am Law 200.

Kirkland's Latest Raid Targets Skadden, But Simpson Partner Slips Away

By Susan Beck |

A few months after losing out in its pursuit of Simpson Thacher & Bartlett IPO specialist Joshua Ford Bonnie, Kirkland & Ellis has poached Skadden, Arps, Slate, Meagher & Flom corporate finance partner Richard Aftanas in New York.

Baker & McKenzie, DLA Piper Beef Up Presence in Mexico

By Nathalie Pierrepont |

Riding the wave of foreign investment south of the border, Baker & McKenzie has lured a team of transactional partners from DLA Piper's Mexico City office. At the same time, DLA Piper announced its own plans to combine with local firm Gallastegui y Lozano.

Am Law Trio Leads on Chiquita's Sale to Brazilian Buyers

By Wenxiong Zhang |

Chiquita Brands International accepted a $682 million cash offer from orange juice producer Cutrale Group and holding company Safra Group three days after its own shareholders voted down a planned inversion deal with Fyffe. Skadden and Kirkland & Ellis advised Chiquita, while Cravath represented to Cutrale and Safra.

Skadden to Relocate Offices Near Hudson Yards

By MP McQueen |

After months of rumors, Skadden, Arps, Slate, Meagher & Flom confirms that it will leave its current New York headquarters at 4 Times Square and head to the city's Hudson Yards district on the far west end of Manhattan in the spring of 2020.

Dentons Reps Fired CBC Radio Host

By Nathalie Pierrepont |

Jian Ghomeshi, the former host of Canadian Broadcasting Corporation's cultural affairs radio show 'Q,' has hired Dentons Canada to represent him in a $55 million lawsuit against his employer after he was dismissed over allegations of sexual misconduct.

Cities Where Partners Are Content (and Not)

By Vivia Chen |

Is Philadelphia the new Houston?

Former Am Law Associate Parasails to Paradise

By Nathalie Pierrepont |

Melanie Moss slaved away as an associate in New York for nine years—first at Arent Fox, then at Dewey Ballantine. But rather than pursuing a partnership track, she headed for paradise.

Low-Ranked Law Schools Where Grads Make Big Bucks

By Vivia Chen |

You don't have to go to Harvard Law to make money like a Harvard grad.

The Churn

Willkie Adds Another Ex-Kirkland Partner, Plus More Lateral Moves

By Brian Baxter and Wenxiong Zhang |

Eight months after leaving Kirkland & Ellis for McDermott Will & Emery, private equity partner Leonard Klingbaum is on the move again; Greenberg Traurig hires a former California Senate leader; Weil, Gotshal & Manges adds a high-yield partner in London; and other notable hires from throughout The Am Law 200.

Borden Ladner Gervais Heads to Beijing

By Wenxiong Zhang |

Borden Ladner Gervais, one of Canada's largest firms, will open an office in Beijing. The Toronto-based firm, which focuses on business and IP law, cited China's growing economic significance to Canada as the impetus for its new outpost.

Mintz Levin Looks to Poach Edwards Wildman IP Group

By Brian Baxter |

Ahead of a looming merger vote with Locke Lord, a 20-lawyer IP group from Edwards Wildman Palmer in Boston is poised to depart for Mintz, Levin, Cohn, Ferris, Glovsky and Popeo as a result of a conflict between their representation of a large pharmaceutical company and Locke Lord's work for a generic drug manufacturer.

Cadwalader, Wickersham & Taft partner Kenneth Wainstein holds up a report at a press conference Wednesday detailing accounts of academic fraud in association with UNC's athletic department

Cadwalader Leads Probe Behind UNC’s Grading Scandal

By Nathalie Pierrepont |

Kenneth Wainstein, a former U.S. Justice Department official and chair of the white-collar defense and investigations practice at Cadwalader, Wickersham & Taft, headed an eight-month investigation that revealed nearly two decades of academic fraud involving thousands of students at the University of North Carolina-Chapel Hill, many of whom were college athletes.

Bingham Faces Internal Battles Amid Uncertain Future With Morgan Lewis

By Brian Baxter |

A month after Bingham McCutchen's management disclosed to its partnership plans to merge with Morgan, Lewis & Bockius, lingering issues remain over what a combined firm might look like. At the same time, Bingham is grappling with internal issues, including controversial pay packages, a heavy debt load and an exodus of top talent.

The Must-Have Perk

By Vivia Chen |

Is your job covering you for egg freezing?

Robert Tannous of Porter Wright Morris & Arthur (L), Matthew Feeney of Snell & Wilmer (R)

Snell & Wilmer, Porter Wright to Swap Out Firm Leaders

By Nathalie Pierrepont |

Snell & Wilmer announced on Tuesday that John Bouma, who served as chair for 30 years, will be replaced by corporate partner Matthew Feeney. Porter Wright Morris & Arthur will also see a leadership change, with its chief operating partner Robert Tannous to take over for Robert "Buzz" Trafford, who served managing partner for 18 years.

The Churn

A Sidley Partner's Quick Turnaround, Plus More Lateral Moves

By Brian Baxter |

Six weeks after joining Fried Frank, former Sidley Austin securities and derivatives enforcement head David Katz returns to the firm; Kirkland & Ellis makes two more high-profile additions; Schulte Roth snags Patterson Belknap's trusts and estates chair; and other notable hires from throughout The Am Law 200.

Kirkland Loses One PE Partner, Pays Top Dollar for Another

By Brian Baxter and Julie Triedman |

In yet another high-profile lateral addition, Kirkland & Ellis poached Weil, Gotshal & Manges private equity partner Douglas Ryder in New York. The hire is the latest in a series of notable moves by Kirkland, which also recently raided Ropes & Gray in Hong Kong, but will lose the founding partner of its San Francisco office to a longtime private equity client.

Wachtell, Cleary Gottlieb Grab Lead Roles as TPG Ups Stake in CAA

By Nathalie Pierrepont |

The private equity firm is stepping up its investment in Creative Artists Agency to become the majority owner of the talent agency. TPG turned to Wachtell Lipton, Rosen & Katz for legal advice, while CAA tapped Cleary Gottlieb Steen & Hamilton.

IBM Pays Globalfoundries $1.5B to Take Over Chip Business

By MP McQueen |

Cravath, Hogan Lovells and Weil advise as IBM agrees to pay Santa Clara, Calif.-based Globalfoundries, Inc. $1.5 billion in cash to take on its money-losing semiconductor business, including manufacturing plants and intellectual property.

Report: Rents Up, Square Footage Down for Am Law 200 Firms

By MP McQueen |

The downsizing trend for office space continues but is starting to slow as many firms already have given up space per lawyer to save money, according to the latest survey by commercial real estate services company Jones Lang LaSalle.

Legal News and Gossip Roundup

By Vivia Chen |

Some juicy, quirky news items you might have missed.

Tesoro Refinery Fidalgo Bay, Washington

Six Am Law 100 Firms Smooth Way for Another Pipeline Deal

By Brian Baxter |

As the U.S. moves to become the world's largest oil producer, lawyers from Cooley, Latham & Watkins, McGuireWoods, Norton Rose Fulbright, Simpson Thacher & Bartlett and Wachtell, Lipton, Rosen & Katz are helping QEP Resources unload its natural gas pipeline and processing unit for $2.5 billion in cash to Tesoro Logistics, a refinery operator owned by Tesoro Corp.

Two Am Law 100 Firms With California Roots Expand Abroad

By Nathalie Pierrepont |

Orrick, Herrington & Sutcliffe is opening up shop in West Africa, while Littler Mendelson's growing Latin American presence gets a boost with a new outpost in Peru.

Skadden Continues M&A Hot Streak With Two Big Deals

By Wenxiong Zhang |

The firm, which earlier this month took the top spot on three separate rankings for its M&A work, is representing longtime client Permira Advisers on its $3.5 billion sale of Arysta LifeScience Ltd. to Platform Specialty Products. Skadden is also advising British Columbia Investment Management Corporation as it partners with Macquarie Infrastructure and Real Assets to purchase electric utility Cleco Power for $3.4 billion.

The Churn

Edwards Wildman's Tech Cochair Departs, Plus More Lateral Moves

By Brian Baxter |

Another Edwards Wildman Palmer partner departs ahead of the firm's proposed merger later this year with Locke Lord; a Bingham partner heads to the FCC; Fried Frank and Kirkland & Ellis add a pair of new partners; and other notable moves from throughout The Am Law 200.

Wachtell Advises Chesapeake on $5.38 Billion Asset Sale

By Wenxiong Zhang |

Chesapeake Energy announced Thursday that it would sell a large portion of its gas business in Northern West Virginia and Southern Pennsylvania to Houston-based rival Southwestern Energy. The deal allows Chesapeake to pay down a substantial amount of debt accrued from past expansion efforts.

Elon's 'Groundbreaking New Model'

By Steven J. Harper |

In a battle between reforming legal education and preserving the currently prevailing law school business model, guess which side wins?

Drone Practices Take Off at Hogan Lovells, MoFo

By Nathalie Pierrepont |

Hogan Lovells and Morrison & Foerster are the latest Am Law firms to launch new practice groups focused on drones in the race to claim an early stake in the business.

Covington Gets Qualcomm Call, Loses Two Litigators

By Brian Baxter |

Wireless technology company Qualcomm tapped Covington & Burling to advise on its proposed $2.5 billion acquisition of CSR, a British chipmaker known for its Bluetooth technology. At the same time, the firm saw two top litigators handling Deepwater Horizon-related oil spill work for BP depart its Beltway base for Kirkland & Ellis.

Fried Frank Picks Up Tax Duo in New York, London

By Brian Baxter |

A month after losing its former leader and two other capital markets partners to Freshfields Bruckhaus Deringer, Wall Street mainstay Fried, Frank, Harris, Shriver & Jacobson is bringing on two tax partners from King & Spalding and Orrick, Herrington & Sutcliffe.

The Careerist: Kings of the Jungle

By Vivia Chen |

Do you fit the profile of a leader?

Am Law Firms in Africa See Minimal Effects of Ebola—For Now

By Nathalie Pierrepont |

The outbreak of the virus has led to postponed conferences, travel restrictions and reliance on videoconferences with clients for some firms doing business in West Africa, where the virus has taken its greatest toll. But for the most part, it's been business as usual.

Fenwick & West Advises Symantec on Split

By Wenxiong Zhang |

The Mountain View, Calif.-based antivirus software maker announced that it would separate its businesses, joining a recent wave of technology companies such as Hewlett-Packard and eBay that have decided that two is better than one.

GE Bags Skadden's Pozen for Top Antitrust Role

By Brian Baxter |

Sharis Pozen, a former acting assistant U.S. attorney general for antitrust who joined Skadden, Arps, Slate, Meagher & Flom in July 2012, left the firm this month to become vice president for global competition and antitrust at General Electric. Pozen is the latest high-profile Am Law 100 partner to join the in-house legal ranks of the Fairfield, Conn.-based conglomerate, which has tapped Skadden to advise on its pending $17 billion buy of the energy unit of French engineering giant Alstom.

The Churn

Dickstein Shapiro IP Group Defects, Plus More Lateral Moves

By Brian Baxter |

Manatt, Phelps & Phillips adds a three-partner West Coast IP team from struggling Dickstein Shapiro; Boies Schiller loses a litigator to Barclays, but grabs Al Franken's former general counsel; Davis Polk and Willkie Farr bring back partners from public service; and other notable hires from throughout The Am Law 200.

Cadwalader Hails Nobel Prize-Winning Pro Bono Client Malala Yousafzai

By MP McQueen |

The firm has represented Yousafzai since 2012, when it helped her negotiate and establish The Malala Fund while she was still hospitalized in England after an assassination attempt by the Taliban.

Geberit Bathroom Fixtures.

Geberit Taps Latham for $1.35 Billion Buy of Sanitec

By Wenxiong Zhang |

The Swiss bathroom-piping maker said on Tuesday that it would purchase Sanitec Group, a Nordic ceramic toilet maker, for $1.35 billion in an all-cash deal.

The Careerist: In Men (and Karma) We Trust

By Vivia Chen |

Don't worry, just work hard, advises Microsoft's CEO to women.

Am Law 100 Trio Fuel Up for Formation of Pipeline Giant

By Nathalie Pierrepont |

Targa Resources Partners and Targa Resources Corp. announced plans to buy Atlas Energy and its midstream subsidiary, Atlas Pipeline Partners, in a transaction valued at about $7.7 billion. Covington & Burling, Vinson & Elkins and Wachtell, Lipton, Rosen & Katz have grabbed lead roles on the matter.

Mayer Brown, A&O Fly in for GE's $1.78B Helicopter Lessor Buy

By Brian Baxter |

The two firms are handling the $1.78 billion sale of Dublin-based Milestone Aviation Group to General Electric, which will absorb the helicopter lessor into its massive aircraft leasing division.

Steris Seeks Inversion Deal Amid Tightened Regulations

By Wenxiong Zhang |

Wachtell, Jones Day and DLA Piper advise as the Ohio-based medical technology company offers to buy Swindon, England-based sterilization services provider Synergy Health Plc for $1.9 billion in cash and stock. The deal would create a new company in the U.K., allowing Steris to redomicile there and save on taxes.

With a Series of Star Hires, Freshfields Shifts Strategy in New York

By Chris Johnson |

Elite U.K. firms have struggled to establish themselves as serious contenders in the U.S., especially in big-ticket transactional work. Now Freshfields has recruited high-profile talent from Skadden, Wachtell, Fried Frank and Shearman in a bid to challenge Wall Street firms on their own turf.

Fried Frank, Quinn Emanuel Boost London With Senior Partner Hires

By Chris Johnson |

Fried Frank captures Kirkland & Ellis London senior partner Graham White, who joins the firm as its first-ever London managing partner, while Quinn Emanuel launches a London competition practice with the hire of litigator Boris Bronfentrinker from Hausfeld & Co.

Former Class Action King Takes Control of NHL's Coyotes

By Brian Baxter |

A hat trick of firms—Blank Rome, Oslers and Shearman & Sterling—are advising on the $155 million sale of a 51 percent stake in the National Hockey League's Phoenix Coyotes to Andrew Barroway, a high-flying plaintiffs lawyer-turned-hedge fund executive.

The Churn

Blank Rome Whistleblower Group Defects, Plus More Lateral Moves

By Brian Baxter |

One of the few whistleblower practices at an Am Law 100 firm is heading out on its own; fast-growing Parker Ibrahim & Berg raids Edwards Wildman Palmer to branch out in Boston; Ballard Spahr's mortgage banking head goes in-house; and more notable moves from throughout The Am Law 200.

Dealmakers of the Week: Skadden's Schnell and Chitwood

By MP McQueen |

Skadden, Arps, Slate, Meagher & Flom M&A partners Paul Schnell and C. Michael Chitwood led the deal team advising medical technology company Becton, Dickinson and Co. on its $12.2 billion cash-and-stock purchase of CareFusion Corp.

Simpson Thacher, Weil Advise on Blackstone Spinoff

By Nathalie Pierrepont |

Blackstone Group announced on Friday plans to spin off its financial advisory and Park Hill fund placement businesses and merge them with PJT Partners, an advisory firm founded by M&A star Paul Taubman. For legal counsel, PJT turned to Weil, Gotshal & Manges, which is a longtime adviser to Taubman's former employer Morgan Stanley. Blackstone tapped Simpson Thacher & Bartlett.

A Myth That Motivates Mergers

By Steven J. Harper |

Bigger is better, except when it's worse.

The Careerist: Should Firms Use Personality Tests?

By Vivia Chen |

Big Law is way behind the curve in how it screens recruits. But that might be a good thing, at least when it comes to personality tests.

Four Firms Grab Roles on Gentiva's Kindred Combination

By Wenxiong Zhang and Brian Baxter |

Gentiva Health Services, one of the nation's largest home health care and hospice companies, will be absorbed into Kindred Healthcare in a $1.8 billion cash, stock and debt deal that will create the country's largest rehabilitation and hospice services provider. Cleary Gottlieb, Gibson Dunn, Greenberg Traurig and Weil have landed lead roles on the transaction.

stacks of cash

Fee Tracker: Bingham, Fried Frank Bag Old Mutual IPO Roles

By Brian Baxter |

Initial public offerings for such companies as British insurer Old Mutual's Boston-based asset management arm and Royal Bank of Scotland-backed Citizens Financial helped fill the coffers of firms such as Bingham, Cleary Gottlieb, Davis Polk and Fried Frank while Detroit's bankruptcy continued to be a boon to Jones Day and Honigman. Meanwhile, the U.S. Supreme Court prepares to examine $4.1 million in Baker Botts bankruptcy fees in our latest look at notable legal billings from throughout The Am Law 200.

Am Law 100 Firms Capitalize on Big Pharma Deals

By Wenxiong Zhang |

Sullivan & Cromwell, Latham, McDermott and Sidley Austin advised on Impax Laboratories' purchase of Tower Holdings for $700 million. Sullivan & Cromwell also counseled Endo International on a separate pharmaceutical deal in which the company agreed to pay $2.6 billion for Auxilium Pharmaceuticals, itself advised by Morgan Lewis and Willkie. Meanwhile, Debevoise and Wilmer took the lead on a third transaction in the pharmaceutical sector, this one worth $675 million.

Skadden Once Again Comes Out on Top of M&A Rankings

By Wenxiong Zhang |

Continuing on its transactional tear, Skadden, Arps, Slate, Meagher & Flom sat atop three separate rankings of legal advisers for global M&A deals based on total transaction value in the first three quarters of the year.

Head Count Moves in Opposite Extremes at Patton Boggs, Stinson Leonard

By Brian Baxter |

Legacy firm Patton Boggs, along with Kenyon & Kenyon, McKenna Long & Aldridge, Bingham McCutchen and Dickstein Shapiro, were the Am Law 200 firms that saw their attorney head counts drop the most over the past 12 months, according to data compiled by ALM's RivalEdge. A handful of Am Law 200 firms saw double-digit percentage increases, including Stinson Leonard Street, mostly as a result of mergers.

Davis Polk, Paul Weiss Get Bronzed on Chilean Copper Deal

By Nathalie Pierrepont |
The Churn

King & Spalding Raids Bingham in London, Plus More Lateral Moves

By Brian Baxter |

Bingham McCutchen has one partner left in London following the departure of a restructuring specialist for King & Spalding, which lost the founder of its London office to General Electric. Meanwhile, Schiff Hardin heads to Dallas, along with other notable moves from throughout The Am Law 200.

Gibson Dunn, Willkie Put on Pretty Face for Bourjois Buy

By Nathalie Pierrepont |

New York-based cosmetics company Coty has turned to Gibson, Dunn & Crutcher and French firm Bredin Prat to advise on its $240 million bid for Chanel's Bourjois cosmetics brand. Gibson Dunn has long-standing ties to the beauty giant, which went public last year. Willkie Farr & Gallagher is advising Chanel.

Eduardo Leite

Baker & McKenzie's Chairman Elected to Two More Years

By MP McQueen |

The firm has voted to extend Eduardo Leite's appointment as chairman of its executive committee for another two years amid a number of other appointments within its leadership ranks.

Grand Tete de Femme by Picasso

Disgraced Class Action Star Selling Home and Picassos

By Nathalie Pierrepont |

Melvyn Weiss, who pleaded guilty to racketeering charges in 2008 for paying kickbacks to clients, is selling more than 140 works of art by Pablo Picasso. Also for sale: his mansion on Long Island's Gold Coast.

The Careerist: Mrs. Clooney, Please Don't Quit!

By Vivia Chen |

Will George Clooney's bride keep her job as a lawyer? We hope so.

Covington, In-House Teams Get an Assist on NBA's TV Mega-Deal

By Brian Baxter |

Only days after helping the National Football League negotiate an eight-year, $12 billion contract extension with DirecTV, Covington & Burling assisted the National Basketball Association on its nine-year, $24 billion broadcast rights agreement with ESPN and Turner Broadcasting System.

Two Am Law 100 Firms Double Down on Overseas Investments

By Nathalie Pierrepont |

Morgan, Lewis & Bockius has doubled down in Kazakhstan with an office in the country's new capital Astana. Meanwhile, Baker & McKenzie's Saudi affiliate, Legal Advisors, Abdulaziz I. Al-Ajlan & Partners, announced its opening of an office in Jeddah.

Am Law Firms Land Roles on BD's $12 Billion Health Care Deal

By MP McQueen |

Skadden, Wachtell and Weil are advising on medical technology company Becton, Dickinson and Co.'s purchase of medical device maker CareFusion Corp., marking the latest in a record-setting series of mergers and acquisitions in the pharmaceutical and medical device manufacturing industries.

The Fortune 500's Go-To Firms (and How to Become One)

Using public records and other databases, our sister publication, Corporate Counsel, discovered the firms that America's biggest companies use in key areas of litigation. Plus, the secrets to becoming one of those firms.

Florida Coastal School of Law

Student Loans, Moral Hazard and a Law School Mess—Conclusion

By Steven J. Harper |

At some point, this series on law school market dysfunction must end. So does the dysfunction itself.

Report: Law Firm Mergers Continue Their Record Pace

By Nathalie Pierrepont |

Legal consultancy Altman Weil's latest law firm merger report finds that the 62 law firm combinations announced in the U.S. from January through September of this year slightly outpaces last year's record for the same period.

The Churn

London Calling for US Firms, Plus More Lateral Moves

By Brian Baxter |

Gibson Dunn, Kaye Scholer and Paul Hastings all made major lateral hires in London this week by raiding their British brethren. The Am Law Daily looks at those moves and more in our latest tally of hires from throughout The Am Law 200.

As Autumn Leaves Fall, So Too Do Legal Sector Jobs

By Wenxiong Zhang |

The legal sector shed 4,600 jobs in September, taking its deepest dive so far this year, according to seasonally adjusted preliminary data released Friday by the U.S. Bureau of Labor Statistics.

Photo via iStock

Survey Finds Modest But Slowing Increase in Legal Spending

By MP McQueen |

For the third time in a row, companies are reporting a modest increase in their total legal spending, but at a slower rate than in years past, according to HBR Consulting's 2014 law department survey. Meanwhile, spending on in-house law departments has been outpacing spending on outside counsel.

Joan Lukey

Top Trial Attorney at Ropes & Gray Heads to Choate Hall

By MP McQueen |

Joan Lukey is leaving Ropes & Gray to join the much smaller Boston-based firm of Choate, Hall & Stewart as a partner and chairwoman of its complex trial and appellate litigation group.

Munger Tolles Helps Buffett Break Into Big Auto

By Nathalie Pierrepont |

Munger, Tolles & Olson is advising longtime client Berkshire Hathaway on its acquisition of the Van Tuyl Group, the nation's fifth-largest auto dealership by sales. DLA Piper is in the driver's seat for Van Tuyl.

NFL's DirecTV Deal Yields Gridiron Roles for Covington, Gibson Dunn

By Brian Baxter |

Covington & Burling is counseling the National Football League on an eight-year, $12 billion extension of its Sunday Ticket television deal with DirecTV, a key component of the satellite broadcaster's pending $48.5 billion sale to AT&T.

Morgan Lewis, Paul Weiss Broker UBM's Advanstar Acquisition

By Wenxiong Zhang |

The two Am Law 100 firms and Magic Circle shop Slaughter and May are working on a deal that will see British media and marketing company UBM become the largest events organizer in the U.S.

California Attorney General Kamala Harris

The Careerist: Is This Subject Off-Limits?

By Vivia Chen |

In a lighthearted blog post, I mentioned a lawyer's sex appeal. Blowback!

Charlie Geffen

Gibson Dunn Grabs Former Head of Ashurst

By Nathalie Pierrepont |

Charlie Geffen, who led the British firm for five years until he was replaced by dispute resolution partner Ben Tidswell in 2013, is joining Gibson, Dunn & Crutcher's London office along with Ashurst corporate partner Mark Sperotto.

Ashurst, Gibson Dunn Meet Again Over Murphy Oil Sale

By Brian Baxter |

While Gibson, Dunn & Crutcher's London office raided Ashurst for its former head, the two firms also worked on opposite sides of Arkansas-based Murphy Oil's $2 billion sale of assets in Malaysia to an Indonesian oil and gas giant.

Billionaire Lawyer Fuels Four Firms With Energy Deal

By Brian Baxter |

Andrews Kurth and Akin Gump Strauss Hauer & Feld are advising Enterprise Products Partners L.P., an energy pipeline investor headed by a Houston lawyer-turned-billionaire, on its $4.6 billion acquisition of a two-thirds stake in marine terminal operator Oiltanking Partners L.P., which has retained Skadden, Arps, Slate, Meagher & Flom and Vinson & Elkins. Enterprise plans to eventually take full control of Oiltanking in a deal valued at roughly $5.8 billion.

The Churn

Bingham's Biggest Rainmakers, Plus More Lateral Moves

By Brian Baxter |

As Bingham McCutchen mulls a merger with Morgan, Lewis & Bockius, a key factor in clinching any deal will be the participation of certain rainmakers. The Am Law Daily has a look at those individuals, some of whom have left the firm, and other notable moves from throughout The Am Law 200, such as significant acquisitions by Armstrong Teasdale in Denver, Fox Rothschild in Dallas and Quarles & Brady in Scottsdale, Ariz.

Changes to Law School Standards Eliminate Waste

By Matt Leichter |

The ABA approved a number of changes to law school accreditation standards, many of which reduce ways law schools waste students' money and time.

Cravath Helps Johnson & Johnson Bag Another Pharma Firm

By MP McQueen |

Johnson & Johnson once again turned to longtime outside counsel Cravath, Swaine & Moore to advise on its $1.75 billion buy of privately held Alios BioPharma, a viral drug developer being represented by Latham & Watkins.

Carl Icahn

Icahn, Wachtell Meet Again Over eBay

By Nathalie Pierrepont |

Nine months after Carl Icahn called for a split of eBay and PayPal, the San Jose-based online auction and retailing giant has turned to the activist investor's longtime nemesis, Wachtell, Lipton, Rosen & Katz, for legal counsel.

Vincent Viola, new owner of the Florida Panthers chats with the media during the announcement of his new team ownership at the BB&T Center on September 27, 2013 in Sunrise, Florida.

Two Lawyers Are New Among Forbes 400 Richest Americans

By Brian Baxter |

Welcome, Vincent Viola and Mark Walter. Another lawyer slips off the exclusive list. But don't worry—Leon Charney is still a billionaire.

Kirkland, Wilson Sonsini Take Tibco Software Private

By Brian Baxter |

Silicon Valley stalwart Wilson Sonsini Goodrich & Rosati is advising Tibco Software, the Palo Alto-based enterprise software company founded by Sacramento Kings owner Vivek Ranadive, on its proposed $4.3 billion sale to private equity firm Vista Equity Partners. The deal is the largest leveraged buyout in the technology industry so far this year.

An Encana compressed natural gas vehicle being filled.

Am Law Trio Tapped for Encana's $5.3 Billion Energy Deal

By Nathalie Pierrepont |

Canada's Encana Corp. has turned to Paul, Weiss, Rifkind, Wharton & Garrison, Vinson & Elkins and Canadian firm Blakes, Cassels & Graydon for legal advice on its acquisition of Fort Worth-based Athlon Energy Inc. Latham & Watkins is representing Athlon.

The Careerist: Paging Ms. Abrasive

By Vivia Chen |

Are women too addicted to being lovable?

Who Represents Corporate America

The Secret to Getting More Business From Your Clients

By Anthony Paonita, editor-in-chief |

Having a tough time dealing with company general counsel? Poor communication is often the problem. Here are strategies for working better together—and getting more of their business.

The Churn

Bingham Starts Hiring Again, Plus More Lateral Moves

By Brian Baxter |

After months of partner departures, Bingham McCutchen has dipped into the lateral market to make some hires of its own by bringing on an energy partner in Washington, D.C., and a senior counsel in San Francisco. The Am Law Daily looks at those moves and other notable hires from throughout The Am Law 200.

Tampa Business Park, site of White & Case's U.S. global services center.

White & Case Opens Back Office in Tampa

By Brian Baxter |

Or perhaps it's a tax break. White & Case is the latest Am Law 100 firm to announce the opening of a global services center separate from its other offices. The legal giant, which grossed $1.44 billion last year, has moved 45 back-office staff positions to Tampa thanks to $300,000 in incentives from the Sunshine State.

Student Loans, Moral Hazard and a Law School Mess, Part II

By Steven J. Harper |

One manifestation of structural problems with the current mechanism for funding legal education is, well, structures.

The Careerist: Law as a Boy's Club? Just Try Finance

By Vivia Chen |

Women in finance say sexism is rampant, but they don't seem that bothered.

Former Baltimore Ravens player Ray Rice.

Norton Rose, Ex-Crowell & Moring Partner Enter NFL's Ray Rice Saga

By Brian Baxter |

Richard Smith, head of regulatory and government investigations at Norton Rose Fulbright, has been hired by the National Football League Players Association for its investigation of the league’s indefinite suspension of former Baltimore Ravens star Ray Rice, who himself has retained former Crowell & Moring litigation partner Peter Ginsberg.

The Pabst Blue Ribbon brewery located in Milwaukee, Wisconsin.

Am Law 100 Firms Toast Beer, Aluminum Deals in Russia

By Brian Baxter |

Despite worries over Western sanctions, a trio of Am Law 100 firms sidled up for the $700 million sale of Pabst Brewing Co. to Russia’s Oasis Beverages, while Russian veteran Cleary Gottlieb Steen & Hamilton advised aluminum giant United Company Rusal on its recent $5.15 billion debt restructuring.

Australia's Slater & Gordon Continues UK Acquisition Spree

By Chris Johnson |

Melbourne-based personal injury specialist Slater & Gordon, the world's first publicly traded law firm, is in talks to acquire Welsh trade union boutique Leo Abse & Cohen. A deal would be the Australian firm’s second U.K. takeover this month and its seventh since launching in the country in 2012.

(l-r) Mary Bonauto, Sarah Deer, and Jonathan Rapping.

The Careerist: Profs at Low-Ranking Law Schools Win Genius Grants

By Vivia Chen |

The latest news about law schools and legal markets.

Three From Akin Launch Own Firms After Texas Suit Debacle

By Brian Baxter |

Four months after withdrawing from litigation in an East Texas federal court due to their former client's alleged falsification of evidence, Akin Gump Strauss Hauer & Feld partner Sanford Warren Jr., senior counsel R. Scott Rhoades and counsel Joshua Hedrick are starting their own firms in Dallas. Akin incurred roughly $5.4 million in legal fees by taking on a case for a company whose principals are now under criminal investigation.

Thompson & Knight, Vinson & Elkins on Mexican Oil Deal

By MP McQueen |

The law firms are advising private equity firms EnCap Investments and Riverstone Holdings as they fund Mexico’s first independent oil and gas production company in nearly 75 years.